LocalExchangeRates.com

Official Rate Sheet: Hong Kong Dollar (HKD) / Panamanian Balboa (PAB)

Date generated:

Mid-Market Rate: 1 HKD = 0.1273 PAB

Real-Time Interbank Wholesale Feed: October 6, 2026

Hong Kong Dollar to Panamanian Balboa Exchange Rate (HKD to PAB)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 HKD in PAB?

1 HKD = 0.1273 PAB

At the current mid-market wholesale exchange rate, converting 1,000 Hong Kong Dollar (HKD) yields approximately 127.34 Panamanian Balboa (PAB) (inverse rate: 1 PAB = 7.8530 HKD). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): HKD

You Receive (Estimate): PAB

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 HKD = 0.1273 PAB

Kurs odwrotny: 1 PAB = 7.8530 HKD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check PAB to HKD (Panamanian Balboa to Hong Kong Dollar) Live Converter →

HKD to PAB Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Hong Kong Dollar against Panamanian Balboa

Period High

0.1289 PAB

Period Low

0.1258 PAB

Volatility / Avg

0.1273 PAB

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 0.1258 PAB

Max: 0.1289 PAB

52-Week Range (1Y) Current Position: 65% Range

Min: 0.1229 PAB

Max: 0.1318 PAB

Standard Denomination Conversion Matrix (HKD & PAB)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Hong Kong Dollar → Panamanian Balboa (HKD / PAB)

Wholesale Benchmark

Hong Kong Dollar (HKD)	Panamanian Balboa (PAB)
1 HKD	0.13 PAB
5 HKD	0.64 PAB
10 HKD	1.27 PAB
25 HKD	3.18 PAB
50 HKD	6.37 PAB
100 HKD	12.73 PAB
200 HKD	25.47 PAB
250 HKD	31.83 PAB
500 HKD	63.67 PAB
1,000 HKD	127.34 PAB
2,500 HKD	318.35 PAB
5,000 HKD	636.70 PAB
10,000 HKD	1,273.39 PAB

Panamanian Balboa → Hong Kong Dollar (PAB / HKD)

Wholesale Benchmark

Panamanian Balboa (PAB)	Hong Kong Dollar (HKD)
1 PAB	7.85 HKD
5 PAB	39.27 HKD
10 PAB	78.53 HKD
25 PAB	196.33 HKD
50 PAB	392.65 HKD
100 PAB	785.30 HKD
200 PAB	1,570.60 HKD
250 PAB	1,963.26 HKD
500 PAB	3,926.51 HKD
1,000 PAB	7,853.02 HKD
2,500 PAB	19,632.56 HKD
5,000 PAB	39,265.12 HKD
10,000 PAB	78,530.25 HKD

Provider / Channel	HKD/PAB Effective Exchange Rate	Estimated Fee	Estimated Received (PAB)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.1273 PAB	0.00%	636.70 PAB	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.1229 PAB	~3.50%	614.41 PAB	-22.28 PAB
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.1146 PAB	~10.00%	573.03 PAB	-63.67 PAB

1 HKD to PAB: Hong Kong Dollar to Panamanian Balboa Exchange Guide

Searches for 1 HKD to PAB or convert HKD to PAB describe the amount of Panamanian Balboa received per 1 Hong Kong Dollar. At today's wholesale baseline of 1 HKD = 0.1273 PAB (inverse: 1 PAB = 7.8530 HKD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Hong Kong ↔ Panama)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Hong Kong Monetary Authority (HKMA) and National Bank of Panama (BNP) shape the medium-to-long term valuation of HKD/PAB.

HKD and PAB Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Hong Kong and Panama.

How the HKD to PAB Exchange Rate Works

Foreign exchange transactions between Hong Kong (HKD) and Panama (PAB) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between HKD and PAB:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Hong Kong Monetary Authority (HKMA) and National Bank of Panama (BNP) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Hong Kong and Panama exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (PAB) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Hong Kong Dollar to Panamanian Balboa Conversion

Common questions regarding Hong Kong Dollar to Panamanian Balboa conversion, bank spreads, and transfer costs.

How much is 1,000 HKD in PAB today?

At the current mid-market exchange rate (1 HKD = 0.1273 PAB), 1,000 Hong Kong Dollar equals approximately 127.34 Panamanian Balboa. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Hong Kong Dollar?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with HKD?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Hong Kong Monetary Authority (HKMA)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.