1,000,000 COP to PAB - Convert Colombian Peso to Panamanian Balboa

Convert COP to PAB using our currency converter with real exchange rate today

1 COP = 0.00026 PAB

1 PAB = 3,846.15385 COP

(Mid-market exchange rate)

Last updated Apr 12, 2024 18:09 GMT

COP to PAB conversion chart

Below is the live and historical Colombian Peso to Panamanian Balboa rate chart so you can see today's rate - and how the rates have changed over time.

1 COP = 0.00026 PAB

1,000,000 Colombian Peso to Panamanian Balboa stats | COP to PAB

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 0.00027 0.00027 0.00027 0.00027 0.00027
Low 0.00026 0.00026 0.00025 0.00021 0.00026
Average 0.00026 0.00026 0.00026 0.00025 0.00026
Volatility 3.85% 3.85% 8% 28.57% 3.85%

What is the Colombian Peso worth against the Panamanian Balboa today?

1 COP is worth 0.00026 PAB today

How much is 1,000,000 COP worth in PAB?

At the current exchange rate of 0.00026 , a sum of 1,000,000 Colombian Peso is worth 260 Panamanian Balboa.

Which currency is stronger? COP or PAB?

The Panamanian Balboa is currently stronger than the Colombian Peso given that 1 PAB is equal to 3,846.15385 COP. Conversely, 1 COP is worth 0.00026 PAB.

Overview of COP to PAB Performance and Trends

Today, to buy 1,000,000 Colombian Peso, you need 260 Panamanian Balboa. On the same date last year, you needed 220 Panamanian Balboa for 1,000,000 Colombian Peso. This change indicates that the Colombian Peso has become stronger against the Panamanian Balboa by 18.18% over the past year.

The pair experienced high volatility of 28.57%.

High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.

COP to PAB Currency Performance and Volatility

Last 7 Days

  • Performance: $1,000,000 varied between B/.0.00026 (weekly low) and B/.0.00027 (weekly high), a variance of B/.0.00001 .
  • Volatility: Fluctuated by 3.85%.

Last 30 Days

  • Performance: $1,000,000 varied between B/.0.00026 (30-day low) to B/.0.00027 (30-day high), a variance of B/.0.00001 .
  • Volatility: Fluctuated by 3.85%.

Last 90 Days

  • Performance: $1,000,000 varied between B/.0.00025 (90-day low) to B/.0.00027 (90-day high), a variance of B/.0.00002 .
  • Volatility: Fluctuated by 8%.

Last Year

  • Performance: $1,000,000 ranged from B/.0.00021 (yearly low) to B/.0.00027 (yearly high), a variance of B/.0.00006 .
  • Volatility: Fluctuated by 28.57%.

COP to PAB Forecast and trending

Is the Colombian Peso going up or down against the Panamanian Balboa?

Today's COP to PAB exchange rate (0.00026) is smaller compared to yesterday's rate (0.00026).

Currency information

COP - Colombian Peso

The currency code for Colombian Peso is COP.

The COP currency symbol is $.

Minor unit: 1/100 = Centavo

COP rank by most traded currencies: 33

Avg proportion of daily world trade volume: 0.10%

COP rank by strongest currencies (buying power): 136

The Colombian Peso is the currency of 1 countries:

More Colombian Peso (COP) information >

PAB - Panamanian Balboa

The currency code for Panamanian Balboa is PAB.

The PAB currency symbol is B/..

Minor unit:

PAB rank by most traded currencies:

Avg proportion of daily world trade volume:

PAB rank by strongest currencies (buying power):

The Panamanian Balboa is the currency of countries:

Understanding COP to PAB Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Colombian Peso to Panamanian Balboa, to send a payment, for a trip overseas, when shopping online or to hold a balance in Panamanian Balboa.

How to convert COP to PAB?

You can convert Colombian Peso to Panamanian Balboa either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Panamanian Balboa in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Colombian Peso cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Panamanian Balboa in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Colombian Peso you want to send, or the amount in Panamanian Balboa you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Panamanian Balboa

How to get the best COP to PAB exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best COP to PAB exchange rate for your specific transaction.

Get to know the COP/PAB mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the COP/PAB mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Colombian Peso and Panamanian Balboa. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Colombian Peso with Panamanian Balboa?

You'll be able to exchange Panamanian Balboa to Colombian Peso in the same way as you'd exchange Colombian Peso to Panamanian Balboa. If you have Panamanian Balboa in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Panamanian Balboa. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Colombian Peso in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange COP to PAB?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Colombian Peso to Panamanian Balboa (COP to PAB)

How much is the Colombian Peso to Panamanian Balboa?

The Colombian Peso to Panamanian Balboa exchange rate today is 0.00026 . Use this guide to learn more about exchanging COP to PAB in the easiest and best value way for your specific needs.

How much is 1,000,000 Colombian Peso to the Panamanian Balboa?

The COP to PAB rate today is 0.00026 . That means that 1,000,000 Colombian Peso would be worth 260 Panamanian Balboa.

How to exchange Colombian Peso to Panamanian Balboa?

Exchange COP to PAB in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including COP to PAB.

How to send money to Panama?

If you want to send money from Colombia - or anywhere else in the world - to Panama, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Panama - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Panamanian Balboa and Colombian Peso on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Colombian Peso to Panamanian Balboa exchange rate with our handy tools, to help you compare your options.

Why trust us?

We take reader trust seriously. At Currency Live we're working to help our readers learn more about currency exchange so they can avoid the common pitfalls and make more of their money. Here's why you can trust us to do just that:

Expertise and Transparency by our partnership with Wise

Our partnership with Wise reinforces our commitment to delivering transparent and reliable financial insights and aiding more than millions of monthly users in their money transfers. We already have a billion impressions and over a million yearly visitors who benefit from the depth of insight and actionable tips we can provide them.

Broad market scope

At Currency Live we cover all of currency pairs, with rates which are refreshed in real time so you'll know the details you're reading are accurate, extensive and live.

Reliable Market Analysis

Our market analysis and currency news are up-to-date, researched and presented in an easy-to-understand format. This ensures you get accurate and actionable information, without any unnecessary complexities.

Commitment to Accurate Currency Information

Currency Live was built by currency exchange experts with over 10 years experience, and we are proud to dedicate ourselves to providing essential and current information, aiding users with valuable insights for currency conversion and financial decision-making.