Convert Tunisian Dinar to Panamanian Balboa
Please provide values below to convert Tunisian Dinar [TND] to Panamanian Balboa [PAB], or Convert Panamanian Balboa to Tunisian Dinar.
How to Convert Tunisian Dinar to Panamanian Balboa
1 TND = 2.8762 PAB
Example: convert 15 TND to PAB:
15 TND = 15 × 2.8762 PAB = 43.143 PAB
Tunisian Dinar to Panamanian Balboa Conversion Table
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Tunisian Dinar
The Tunisian Dinar (TND) is the official currency of Tunisia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Tunisian Dinar was introduced in 1960, replacing the Tunisian Franc. It has undergone various redenominations and reforms over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the TND is widely used in Tunisia for all forms of payment, including cash transactions, banking, and digital payments. It is also exchanged internationally for travel and trade purposes.
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.