This article provides a comprehensive overview of the exchange rate between the Panamanian Balboa (PAB) and the Nigerian Naira (NGN). It includes current rates, historical data, and tools to help you make informed decisions about international money transfers.
As of 15:00 PM UTC today, one thousand Balboas equals ₦1,437,790.00 (one million four hundred thirty-seven thousand seven hundred ninety Naira). We use the mid-market rate for PAB to NGN conversion. The current exchange rate is 1437.7900.
Nigerian Naira 🔻fell by -0.32% (-4670.00) against the Panamanian Balboa compared to the previous closing exchange rate. Alternatively, you may try converting Naira to Balboas.
To exchange one currency for another, simply input your amount into our user-friendly currency converter. It does the math using the latest exchange rates. For example, if 1 US dollar could be exchanged for 2 euros, that's the rate it'll use to convert your dollars to euros and vice versa.
Users simply enter the amount (e.g., 1,000) into the online currency converter, then select the source currency (PAB) and target currency (NGN) from the dropdown menus. No need to click anything else - the system will automatically calculate and display the real-time exchange rate result for 1,000 Panamanian Balboa / US dollar to Nigerian naira. It also provides AI-based analysis, historical rate trends, and exchange rate comparisons from different data sources to help users better understand the conversion and make informed decisions.
Read also: Understanding AED to GHS
Historical Exchange Rate Analysis
A year ago , B/.1,000.00 would have been exchanged for ₦1,678,548.72, which is ₦240,758.72 higher than today’s rate. Over the past seven days, the most favorable exchange rate was ₦1,447,160.00.
By keeping track of both real-time and past exchange rate information, you can plan the timing of your international payments, lock in favorable conversion opportunities, and secure the best 1,000 Panamanian Balboa / US dollar to Nigerian naira rate. This helps you reduce cross-border remittance costs, optimize cash flow and usage efficiency, and make every international transaction more secure, transparent, and efficient.
Here is the PAB to NGN Chart. Select a time frame for the chart; 1 month, 3 months, 6 months, year to day, 1 Year and all available time which varies from 7 to 13 years according to the currency. You can also, download the chart as a png or jpeg image or as a pdf file or directly print the chart by clicking on the corresponding button in the top right of the chart.
PAB to NGN Exchange-Rate Statistics
1 PAB to NGN exchange-rate stats: high, low, average, and volatility over the last 7, 30, and 90 days.
Table: PAB to NGN Exchange Rate Statistics
Read also: Historical ZAR/NGN Data
| Statistic | Last 7 Days | Last 30 Days | Last 90 Days |
|---|---|---|---|
| High | 1,456.6 | 1,475.7 | 1,538.7 |
| Low | 1,425.4 | 1,425.4 | 1,425.4 |
| Average | 1,443.6 | 1,460.2 | 1,496.2 |
| Volatility | 0.79% | 0.43% | 0.35% |
Factors Influencing Currency Exchange Rates
Currency exchange rates fluctuate mainly due to a combination of factors, including global economic activity, market sentiment, interest rate changes, inflation, trade imbalances, and central bank monetary policies. For example, when a country has a strong economy and rising interest rates, it may attract more foreign capital, pushing up the value of its currency. Conversely, political instability or economic slowdown may lead to currency depreciation. Changes in market expectations and speculative activities can also intensify short-term exchange rate fluctuations.
Why Different Currencies Have Different Values?
AI Predictions and Exchange Rates
The AI’s prediction of the Panamanian Balboa / US dollar to Nigerian naira exchange rate is not 100% accurate, but it is based on multiple dimensions of analysis, including historical data, real-time market trends, economic indicators, and geopolitical factors, making it more comprehensive than relying solely on human judgment. Our AI model can process massive amounts of data quickly and continuously update PAB to NGN predictions, providing you with real-time trend references. However, since the foreign exchange market can be affected by unexpected events and policy changes, it is recommended to use AI predictions as a supplementary reference in combination with your financial planning and real-time market information to improve the scientific basis and success rate of your exchange decisions.
Currency Information
Our currency rankings show that the most popular Panamanian Balboa exchange rate is the PAB to USD rate. The currency code for Panamanian Balboa is PAB. The currency symbol is B/.
Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nigerian Nairas is NGN. The currency symbol is ₦.
Read also: Converting USD to MAD
The Origins and Stability of the Balboa
Since its inception in 1904, the Balboa has remained pegged to the USD at a 1:1 ratio. But Panama doesn’t print its own paper money. banknotes circulate as legal tender. This hybrid system creates both stability and complexity.
The Nigerian Naira
The Nigerian Naira (NGN) stands as the official currency of Nigeria, playing a vital role in the nation’s financial ecosystem. In 2025, the naira’s significance grows as it navigates economic challenges and opportunities. You’ll notice its exchange rate against the US Dollar at ₦1,610.13, reflecting a 13.43% rise over the past year. Despite this improvement, Nigeria’s inflation rate of 24.23% highlights ongoing pressures that impact purchasing power. The NGN currency also influences global trade.
Making International Payments
You can make convenient cross-border payments via international wire transfer. Currently, you can also make cross-border payments through XTransfer, where we offer more convenient and secure international cross-border payment services, especially when transferring funds to companies in China.
XTransfer is absolutely secure. Your funds are protected by our top-level security measures to ensure every transaction is safeguarded. If there is a delay, we will refund the service fee to compensate your loss.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Nigerian Naira recorded today about 1,441,944.91 for every 1000 Panamanian balboa.
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