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The Saint Helena Pound (SHP) is the official currency of the British Overseas Territory of Saint Helena, Ascension, and Tristan da Cunha. It is pegged to the British Pound Sterling (GBP) at par, meaning one Saint Helena Pound is equivalent to one British Pound. This currency is primarily used for transactions within these territories, facilitating local trade and tourism.
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.