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The Panamanian Balboa (PAB) is the official currency of Panama, named after the Spanish explorer Vasco NĂșñez de Balboa. It is pegged to the US dollar at a one-to-one exchange rate, which means that both currencies circulate freely in the country, making transactions convenient for both locals and tourists.
The Myanma Kyat (MMK) is the official currency of Myanmar, a Southeast Asian nation. It serves as the primary medium of exchange in the country, facilitating trade and commerce among its citizens, businesses, and government entities.