Convert Botswanan Pula to Panamanian Balboa
Please provide values below to convert Botswanan Pula [BWP] to Panamanian Balboa [PAB], or Convert Panamanian Balboa to Botswanan Pula.
How to Convert Botswanan Pula to Panamanian Balboa
1 BWP = 14.0163 PAB
Example: convert 15 BWP to PAB:
15 BWP = 15 × 14.0163 PAB = 210.2445 PAB
Botswanan Pula to Panamanian Balboa Conversion Table
| Botswanan Pula | Panamanian Balboa |
|---|
Botswanan Pula
The Botswana Pula (BWP) is the official currency of Botswana, used for all monetary transactions within the country.
History/Origin
Introduced in 1976, the Pula replaced the South African Rand at par, symbolizing a new era of economic independence for Botswana.
Current Use
The Pula is widely used in Botswana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.
Panamanian Balboa
The Panamanian Balboa (PAB) is the official currency of Panama, subdivided into 100 centésimos, used primarily for coinage alongside the US dollar.
History/Origin
Introduced in 1904, the Balboa was established as Panama's official currency to promote national identity, initially backed by gold, but since 1941 it has been pegged at par to the US dollar, which is also widely accepted in the country.
Current Use
Today, the Balboa is mainly used for coinage and official transactions within Panama, with the US dollar serving as the primary currency for most practical purposes, including banking and commerce.