LocalExchangeRates.com

Official Rate Sheet: Panamanian Balboa (PAB) / Ghanaian Cedi (GHS)

Date generated:

Mid-Market Rate: 1 PAB = 11.7446 GHS

Real-Time Interbank Wholesale Feed: October 6, 2026

Panamanian Balboa to Ghanaian Cedi Exchange Rate (PAB to GHS)

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 PAB in GHS?

1 PAB = 11.7446 GHS

At the current mid-market wholesale exchange rate, converting 1,000 Panamanian Balboa (PAB) yields approximately 11,744.60 Ghanaian Cedi (GHS) (inverse rate: 1 GHS = 0.0851 PAB). 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): PAB

You Receive (Estimate): GHS

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

Kurs rynkowy: 1 PAB = 11.7446 GHS

Kurs odwrotny: 1 GHS = 0.0851 PAB

Status danych: Live Data (Redis)

Looking for reverse calculation? Check GHS to PAB (Ghanaian Cedi to Panamanian Balboa) Live Converter →

PAB to GHS Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Panamanian Balboa against Ghanaian Cedi

Period High

11.8855 GHS

Period Low

11.6037 GHS

Volatility / Avg

11.7446 GHS

Mid-Market Trend

+0.25%

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

Min: 11.6037 GHS

Max: 11.8855 GHS

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

Min: 11.3335 GHS

Max: 12.1557 GHS

Standard Denomination Conversion Matrix (PAB & GHS)

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

Panamanian Balboa → Ghanaian Cedi (PAB / GHS)

Wholesale Benchmark

Panamanian Balboa (PAB)	Ghanaian Cedi (GHS)
1 PAB	11.74 GHS
5 PAB	58.72 GHS
10 PAB	117.45 GHS
25 PAB	293.62 GHS
50 PAB	587.23 GHS
100 PAB	1,174.46 GHS
200 PAB	2,348.92 GHS
250 PAB	2,936.15 GHS
500 PAB	5,872.30 GHS
1,000 PAB	11,744.60 GHS
2,500 PAB	29,361.51 GHS
5,000 PAB	58,723.02 GHS
10,000 PAB	117,446.04 GHS

Ghanaian Cedi → Panamanian Balboa (GHS / PAB)

Wholesale Benchmark

Ghanaian Cedi (GHS)	Panamanian Balboa (PAB)
1 GHS	0.09 PAB
5 GHS	0.43 PAB
10 GHS	0.85 PAB
25 GHS	2.13 PAB
50 GHS	4.26 PAB
100 GHS	8.51 PAB
200 GHS	17.03 PAB
250 GHS	21.29 PAB
500 GHS	42.57 PAB
1,000 GHS	85.15 PAB
2,500 GHS	212.86 PAB
5,000 GHS	425.73 PAB
10,000 GHS	851.45 PAB

Provider / Channel	PAB/GHS Effective Exchange Rate	Estimated Fee	Estimated Received (GHS)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	11.7446 GHS	0.00%	58,723.02 GHS	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	11.3335 GHS	~3.50%	56,667.71 GHS	-2,055.31 GHS
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	10.5701 GHS	~10.00%	52,850.72 GHS	-5,872.30 GHS

1 PAB to GHS: Panamanian Balboa to Ghanaian Cedi Exchange Guide

Searches for 1 PAB to GHS or convert PAB to GHS describe the amount of Ghanaian Cedi received per 1 Panamanian Balboa. At today's wholesale baseline of 1 PAB = 11.7446 GHS (inverse: 1 GHS = 0.0851 PAB), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Panama ↔ Ghana)

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 National Bank of Panama (BNP) and Bank of Ghana (BoG) shape the medium-to-long term valuation of PAB/GHS.

PAB and GHS Currency Profiles

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

How the PAB to GHS Exchange Rate Works

Foreign exchange transactions between Panama (PAB) and Ghana (GHS) 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 PAB and GHS:

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 National Bank of Panama (BNP) and Bank of Ghana (BoG) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Panama and Ghana 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 (GHS) 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: Panamanian Balboa to Ghanaian Cedi Conversion

Common questions regarding Panamanian Balboa to Ghanaian Cedi conversion, bank spreads, and transfer costs.

How much is 1,000 PAB in GHS today?

At the current mid-market exchange rate (1 PAB = 11.7446 GHS), 1,000 Panamanian Balboa equals approximately 11,744.60 Ghanaian Cedi. 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 Panamanian Balboa?

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 PAB?

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 (National Bank of Panama (BNP)) 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.