Convert Panamanian Balboa to Nepalese Rupee
Please provide values below to convert Panamanian Balboa [PAB] to Nepalese Rupee [NPR], or Convert Nepalese Rupee to Panamanian Balboa.
How to Convert Panamanian Balboa to Nepalese Rupee
1 PAB = 0.00723517801431986 NPR
Example: convert 15 PAB to NPR:
15 PAB = 15 × 0.00723517801431986 NPR = 0.108527670214798 NPR
Panamanian Balboa to Nepalese Rupee Conversion Table
| Panamanian Balboa | Nepalese Rupee |
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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.
Nepalese Rupee
The Nepalese Rupee (NPR) is the official currency of Nepal, issued and regulated by the Nepal Rastra Bank.
History/Origin
The Nepalese Rupee was introduced in 1932, replacing the Indian Rupee, and has since undergone various reforms and decimalization to modernize its currency system.
Current Use
Today, the NPR is widely used across Nepal for all transactions, with banknotes and coins circulating throughout the country and some neighboring regions.