LocalExchangeRates.com

Official Rate Sheet: Panamanian Balboa (PAB) / Iranian Rial (IRR)

Date generated:

Mid-Market Rate: 1 PAB = 1747738.8211 IRR

Real-Time Interbank Wholesale Feed: October 6, 2026

Panamanian Balboa to Iranian Rial Exchange Rate (PAB to IRR)

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 IRR?

1 PAB = 1747738.8211 IRR

At the current mid-market wholesale exchange rate, converting 1,000 Panamanian Balboa (PAB) yields approximately 1,747,738,821.14 Iranian Rial (IRR) (inverse rate: 1 IRR = 0.0000 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): IRR

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

Kurs rynkowy: 1 PAB = 1747738.8211 IRR

Kurs odwrotny: 1 IRR = 0.0000 PAB

Status danych: Live Data (Redis)

Looking for reverse calculation? Check IRR to PAB (Iranian Rial to Panamanian Balboa) Live Converter →

PAB to IRR Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Panamanian Balboa against Iranian Rial

Period High

1768711.6870 IRR

Period Low

1726765.9553 IRR

Volatility / Avg

1747738.8211 IRR

Mid-Market Trend

+0.25%

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

Min: 1726765.9553 IRR

Max: 1768711.6870 IRR

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

Min: 1686567.9624 IRR

Max: 1808909.6799 IRR

Standard Denomination Conversion Matrix (PAB & IRR)

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

Panamanian Balboa → Iranian Rial (PAB / IRR)

Wholesale Benchmark

Panamanian Balboa (PAB)	Iranian Rial (IRR)
1 PAB	1,747,738.82 IRR
5 PAB	8,738,694.11 IRR
10 PAB	17,477,388.21 IRR
25 PAB	43,693,470.53 IRR
50 PAB	87,386,941.06 IRR
100 PAB	174,773,882.11 IRR
200 PAB	349,547,764.23 IRR
250 PAB	436,934,705.28 IRR
500 PAB	873,869,410.57 IRR
1,000 PAB	1,747,738,821.14 IRR
2,500 PAB	4,369,347,052.84 IRR
5,000 PAB	8,738,694,105.68 IRR
10,000 PAB	17,477,388,211.35 IRR

Iranian Rial → Panamanian Balboa (IRR / PAB)

Wholesale Benchmark

Iranian Rial (IRR)	Panamanian Balboa (PAB)
1 IRR	0.00 PAB
5 IRR	0.00 PAB
10 IRR	0.00 PAB
25 IRR	0.00 PAB
50 IRR	0.00 PAB
100 IRR	0.00 PAB
200 IRR	0.00 PAB
250 IRR	0.00 PAB
500 IRR	0.00 PAB
1,000 IRR	0.00 PAB
2,500 IRR	0.00 PAB
5,000 IRR	0.00 PAB
10,000 IRR	0.01 PAB

Provider / Channel	PAB/IRR Effective Exchange Rate	Estimated Fee	Estimated Received (IRR)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	1747738.8211 IRR	0.00%	8,738,694,105.68 IRR	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	1,686,567.9624 IRR	~3.50%	8,432,839,811.98 IRR	-305,854,293.70 IRR
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	1,572,964.9390 IRR	~10.00%	7,864,824,695.11 IRR	-873,869,410.57 IRR

1 PAB to IRR: Panamanian Balboa to Iranian Rial Exchange Guide

Searches for 1 PAB to IRR or convert PAB to IRR describe the amount of Iranian Rial received per 1 Panamanian Balboa. At today's wholesale baseline of 1 PAB = 1747738.8211 IRR (inverse: 1 IRR = 0.0000 PAB), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Panama ↔ Iran)

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 Iran (CBI) shape the medium-to-long term valuation of PAB/IRR.

PAB and IRR Currency Profiles

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

How the PAB to IRR Exchange Rate Works

Foreign exchange transactions between Panama (PAB) and Iran (IRR) 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 IRR:

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 Iran (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 Iran 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 (IRR) 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 Iranian Rial Conversion

Common questions regarding Panamanian Balboa to Iranian Rial conversion, bank spreads, and transfer costs.

How much is 1,000 PAB in IRR today?

At the current mid-market exchange rate (1 PAB = 1747738.8211 IRR), 1,000 Panamanian Balboa equals approximately 1,747,738,821.14 Iranian Rial. 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.