Convert Croatian Kuna to Panamanian Balboa
Please provide values below to convert Croatian Kuna [HRK] to Panamanian Balboa [PAB], or Convert Panamanian Balboa to Croatian Kuna.
How to Convert Croatian Kuna to Panamanian Balboa
1 HRK = 6.4223 PAB
Example: convert 15 HRK to PAB:
15 HRK = 15 × 6.4223 PAB = 96.3345 PAB
Croatian Kuna to Panamanian Balboa Conversion Table
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Croatian Kuna
The Croatian Kuna (HRK) is the official currency of Croatia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Kuna was introduced in 1994, replacing the Croatian dinar, following Croatia's independence. It was initially pegged to the German Mark and later to the Euro, with a managed float system.
Current Use
The Kuna remains the official currency of Croatia, widely used across the country for all forms of payment. Croatia adopted the Euro in 2023, but the Kuna continues to be used alongside it during the transition period.
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.