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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 Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, a group of islands located in the South Pacific Ocean. It serves as the primary medium of exchange for goods and services within the country, facilitating domestic and international trade.