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Easily convert PAB to ZAR with ConvertOnline's efficient tool.
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 South African Rand (ZAR) is the official currency of South Africa, as well as several neighboring countries. It is subdivided into 100 cents and is symbolized by the 'R' sign. The Rand is a vital part of the South African economy, facilitating trade and investment both domestically and internationally.