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The Panamanian Balboa (PAB) is the official currency of Panama, named after the Spanish explorer Vasco Núñez 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 Tongan Paʻanga (TOP) is the official currency of the Kingdom of Tonga, an island nation located in the South Pacific Ocean. It is used as a medium of exchange for goods and services within the country and is vital for both domestic and international trade.