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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 Macanese Pataca (MOP) is the official currency of Macau, a Special Administrative Region of China. It is abbreviated as MOP and is subdivided into 100 avos, serving both as a medium of exchange and a store of value within the region's economy.