1 PAB = 3,863.1 COP
1 COP = 0 PAB
(Mid-market exchange rate)
Last updated Mar 28, 2024 20:32 GMT
Below is the live and historical Panamanian Balboa to Colombian Peso rate chart so you can see today's rate - and how the rates have changed over time.
1 PAB = 3,863.1 COP
Stat | Last 7 days | Last 30 days | Last 90 days | Last year | Selected period on chart |
---|---|---|---|---|---|
High | 3,916.13 | 3,959.5 | 3,965 | 4,705.88 | 3,959.5 |
Low | 3,835.6 | 3,835.6 | 3,848.73 | 3,829.26 | 3,835.6 |
Average | 3,878.389 | 3,906.293 | 3,913.132 | 4,123.055 | 3,906.136 |
Volatility | 2.1% | 3.23% | 3.02% | 22.89% | 3.23% |
1 PAB is worth 3,863.1 COP today
At the current exchange rate of 3,863.1 , a sum of 50 Panamanian Balboa is worth 193,155 Colombian Peso.
The Panamanian Balboa is currently stronger than the Colombian Peso given that 1 PAB is equal to 3,863.1 COP. Conversely, 1 COP is worth 0 PAB.
Today, to buy 50 Panamanian Balboa, you need 193,155 Colombian Peso. On the same date last year, you needed 233,651.5 Colombian Peso for 50 Panamanian Balboa. This change indicates that the Panamanian Balboa has lost value against the Colombian Peso by 17.32% over the past year.
The pair experienced high volatility of 22.89%.
High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.
Today's PAB to COP exchange rate (3,863.1) is higher compared to yesterday's rate (3,855.3).
1 PAB | 3,863.10000 COP |
5 PAB | 19,315.50000 COP |
10 PAB | 38,631.00000 COP |
20 PAB | 77,262.00000 COP |
25 PAB | 96,577.50000 COP |
50 PAB | 193,155.00000 COP |
100 PAB | 386,310.00000 COP |
250 PAB | 965,775.00000 COP |
500 PAB | 1,931,550.00000 COP |
1,000 PAB | 3,863,100.00000 COP |
2,000 PAB | 7,726,200.00000 COP |
5,000 PAB | 19,315,500.00000 COP |
10,000 PAB | 38,631,000.00000 COP |
1 COP | 0.00026 PAB |
5 COP | 0.00129 PAB |
10 COP | 0.00259 PAB |
20 COP | 0.00518 PAB |
25 COP | 0.00647 PAB |
50 COP | 0.01294 PAB |
100 COP | 0.02589 PAB |
250 COP | 0.06471 PAB |
500 COP | 0.12943 PAB |
1,000 COP | 0.25886 PAB |
2,000 COP | 0.51772 PAB |
5,000 COP | 1.29430 PAB |
10,000 COP | 2.58859 PAB |
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:
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:
Colombia
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 Panamanian Balboa to Colombian Peso, to send a payment, for a trip overseas, when shopping online or to hold a balance in Colombian Peso.
You can convert Panamanian Balboa to Colombian Peso 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 Colombian Peso 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:
Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:
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 PAB to COP exchange rate for your specific transaction.
Get to know the PAB/COP 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 PAB/COP 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 Panamanian Balboa and Colombian Peso. 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.
You'll be able to exchange Colombian Peso to Panamanian Balboa in the same way as you'd exchange Panamanian Balboa to Colombian Peso. If you have Colombian Peso 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 Colombian Peso. 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 Panamanian Balboa 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.
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.
The Panamanian Balboa to Colombian Peso exchange rate today is 3,863.1 . Use this guide to learn more about exchanging PAB to COP in the easiest and best value way for your specific needs.
The PAB to COP rate today is 3,863.1 . That means that 50 Panamanian Balboa would be worth 193,155 Colombian Peso.
Exchange PAB to COP 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 PAB to COP.
If you want to send money from Panama - or anywhere else in the world - to Colombia, 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 Colombia - plus, you'll be able to get everything arranged with just your laptop or phone.
The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Colombian Peso and Panamanian Balboa 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 Panamanian Balboa to Colombian Peso exchange rate with our handy tools, to help you compare your options.
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