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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 Norwegian Krone (NOK) is the official currency of Norway, symbolized by 'kr' and subdivided into 100 Ăžre. It is issued by the Norges Bank, Norway's central bank, and is used as a medium of exchange for goods and services within the country and is also traded on foreign exchange markets.