Convert Panamanian Balboa to South Sudanese Pound
Please provide values below to convert Panamanian Balboa [PAB] to South Sudanese Pound [SSP], or Convert South Sudanese Pound to Panamanian Balboa.
How to Convert Panamanian Balboa to South Sudanese Pound
1 PAB = 0.000212734210260622 SSP
Example: convert 15 PAB to SSP:
15 PAB = 15 × 0.000212734210260622 SSP = 0.00319101315390933 SSP
Panamanian Balboa to South Sudanese Pound Conversion Table
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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.
South Sudanese Pound
The South Sudanese Pound (SSP) is the official currency of South Sudan, used for all monetary transactions within the country.
History/Origin
The South Sudanese Pound was introduced in 2011 following South Sudan's independence, replacing the Sudanese Pound as the national currency.
Current Use
The SSP is actively used in South Sudan for everyday transactions, banking, and trade, with ongoing efforts to stabilize and modernize its monetary system.