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Easily convert PHP to PAB with ConvertOnline's efficient tool.
The Philippine Peso (PHP) is the official currency of the Philippines, recognized by the symbol '₱'. It is subdivided into 100 centavos and serves as the medium of exchange for goods and services in the country, facilitating trade and economic activities.
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.