Convert Panamanian Balboa to Netherlands Antillean Guilder
Please provide values below to convert Panamanian Balboa [PAB] to Netherlands Antillean Guilder [ANG], or Convert Netherlands Antillean Guilder to Panamanian Balboa.
How to Convert Panamanian Balboa to Netherlands Antillean Guilder
1 PAB = 0.558659217877095 ANG
Example: convert 15 PAB to ANG:
15 PAB = 15 × 0.558659217877095 ANG = 8.37988826815642 ANG
Panamanian Balboa to Netherlands Antillean Guilder Conversion Table
| Panamanian Balboa | Netherlands Antillean Guilder |
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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.
Netherlands Antillean Guilder
The Netherlands Antillean Guilder (ANG) is the official currency of the former Netherlands Antilles, used primarily in Curaçao, Sint Maarten, and Bonaire, Saba, and Sint Eustatius as special municipalities of the Netherlands.
History/Origin
The Guilder was introduced in the Netherlands Antilles in 1940, replacing the Dutch Guilder. It was pegged to the US dollar at a fixed rate until the dissolution of the Netherlands Antilles in 2010, after which Curaçao and Sint Maarten continued to use the Guilder until transitioning to the Caribbean guilder and other currencies.
Current Use
Today, the Netherlands Antillean Guilder (ANG) is still used in Curaçao and Sint Maarten as their official currency, although some regions have transitioned to other currencies or are in the process of doing so. It remains a recognized currency within the Caribbean region.