Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

Panamanian Balboa

Panamanian Balboa

The balboa (sign: B/.; ISO 4217: PAB) is, along with the United States dollar, one of the official currencies of Panama. It is named in honor of the Spanish explorer/conquistador Vasco Núñez de Balboa. The balboa is subdivided into 100 centésimos.

1 Australian Dollar to Panamanian Balboa exchange rates chart

1 AUD to PAB exchange rates graph
1 AUD to PAB Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 AUD to PAB exchange rates table

Exchange AUD to PAB
1 Australian Dollar = 0.722 Panamanian Balboa
2 Australian Dollar = 1.443 Panamanian Balboa
5 Australian Dollar = 3.609 Panamanian Balboa
10 Australian Dollar = 7.217 Panamanian Balboa
Exchange Australian Dollar to Panamanian Balboa
1 Australian Dollar to Panamanian Balboa Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1 AUD to PAB exchange rates news

Australian dollar slides
Australian dollar slides

Aussie dollar falls against the greenback.

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$A near multi-month highs amid Fed caution - 9Finance

Flaring Sino-US trade tensions have kept the Aussie dollar off its high, but the currency is still at a mul...

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Aussie, kiwi near multi-month highs as Fed caution weighs on dollar

SYDNEY, Nov 19- The Australia and New Zealand dollars held near multi-month peaks on Monday as the greenback stumbled on concerns about slowing.

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Panama City - A Door to History

Co-Authored by Steven Lapidus Costa Rica touts its exotic rain forests, (Ah the power of PR) but did you consider that the exact same terrain ca...

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7 Fascinating Facts About the Panama Canal

On the 100th anniversary of its opening, find out more about the famous waterway connecting the Atlantic and Pacific oceans.

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World Cup fans had so many jokes about Panama's Kyrie Irving doppelganger
World Cup fans had so many jokes about Panama's Kyrie Irving doppelganger

So, that's what Kyrie Irving has been up to.

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1 AUD to PAB currency converter