LocalExchangeRates.com

Official Rate Sheet: Panamanian Balboa (PAB) / Iraqi Dinar (IQD)

Date generated:

Mid-Market Rate: 1 PAB = 1310.0196 IQD

Real-Time Interbank Wholesale Feed: October 6, 2026

Panamanian Balboa to Iraqi Dinar Exchange Rate (PAB to IQD)

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 IQD?

1 PAB = 1310.0196 IQD

At the current mid-market wholesale exchange rate, converting 1,000 Panamanian Balboa (PAB) yields approximately 1,310,019.62 Iraqi Dinar (IQD) (inverse rate: 1 IQD = 0.0008 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): IQD

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

Kurs rynkowy: 1 PAB = 1310.0196 IQD

Kurs odwrotny: 1 IQD = 0.0008 PAB

Status danych: Live Data (Redis)

Looking for reverse calculation? Check IQD to PAB (Iraqi Dinar to Panamanian Balboa) Live Converter →

PAB to IQD Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Panamanian Balboa against Iraqi Dinar

Period High

1325.7399 IQD

Period Low

1294.2994 IQD

Volatility / Avg

1310.0196 IQD

Mid-Market Trend

+0.25%

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

Min: 1294.2994 IQD

Max: 1325.7399 IQD

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

Min: 1264.1689 IQD

Max: 1355.8703 IQD

Standard Denomination Conversion Matrix (PAB & IQD)

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

Panamanian Balboa → Iraqi Dinar (PAB / IQD)

Wholesale Benchmark

Panamanian Balboa (PAB)	Iraqi Dinar (IQD)
1 PAB	1,310.02 IQD
5 PAB	6,550.10 IQD
10 PAB	13,100.20 IQD
25 PAB	32,750.49 IQD
50 PAB	65,500.98 IQD
100 PAB	131,001.96 IQD
200 PAB	262,003.92 IQD
250 PAB	327,504.91 IQD
500 PAB	655,009.81 IQD
1,000 PAB	1,310,019.62 IQD
2,500 PAB	3,275,049.05 IQD
5,000 PAB	6,550,098.11 IQD
10,000 PAB	13,100,196.22 IQD

Iraqi Dinar → Panamanian Balboa (IQD / PAB)

Wholesale Benchmark

Iraqi Dinar (IQD)	Panamanian Balboa (PAB)
1 IQD	0.00 PAB
5 IQD	0.00 PAB
10 IQD	0.01 PAB
25 IQD	0.02 PAB
50 IQD	0.04 PAB
100 IQD	0.08 PAB
200 IQD	0.15 PAB
250 IQD	0.19 PAB
500 IQD	0.38 PAB
1,000 IQD	0.76 PAB
2,500 IQD	1.91 PAB
5,000 IQD	3.82 PAB
10,000 IQD	7.63 PAB

Provider / Channel	PAB/IQD Effective Exchange Rate	Estimated Fee	Estimated Received (IQD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	1310.0196 IQD	0.00%	6,550,098.11 IQD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	1,264.1689 IQD	~3.50%	6,320,844.67 IQD	-229,253.43 IQD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	1,179.0177 IQD	~10.00%	5,895,088.30 IQD	-655,009.81 IQD

1 PAB to IQD: Panamanian Balboa to Iraqi Dinar Exchange Guide

Searches for 1 PAB to IQD or convert PAB to IQD describe the amount of Iraqi Dinar received per 1 Panamanian Balboa. At today's wholesale baseline of 1 PAB = 1310.0196 IQD (inverse: 1 IQD = 0.0008 PAB), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Panama ↔ Iraq)

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 Central Bank of Iraq (CBI) shape the medium-to-long term valuation of PAB/IQD.

PAB and IQD Currency Profiles

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

How the PAB to IQD Exchange Rate Works

Foreign exchange transactions between Panama (PAB) and Iraq (IQD) 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 IQD:

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 Central Bank of Iraq (CBI) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Panama and Iraq 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 (IQD) 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 Iraqi Dinar Conversion

Common questions regarding Panamanian Balboa to Iraqi Dinar conversion, bank spreads, and transfer costs.

How much is 1,000 PAB in IQD today?

At the current mid-market exchange rate (1 PAB = 1310.0196 IQD), 1,000 Panamanian Balboa equals approximately 1,310,019.62 Iraqi Dinar. 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.