FACT 1: The currency of Panama is the Panamanian Balboa. It’s code is PAB & it's symbol is B/. According to our data, USD to PAB is the most popular Panamanian Balboa exchange rate conversion.

FACT 2: The Colombian Peso was replaced by the Panamanian Balboa in 1904 as a result of its independence. It's used solely in Panama.

FACT 3: The Balboa has since been pegged to the US dollar and is accepted as legal tender in Panama.

KRW
South Korean Won

FACT 1: The currency of South Korea is the South Korean Won. It’s code is KRW and & the symbol is ₩. According to our data, USD to KRW is the most popular S Korean Won exchange rate conversion.

FACT 2: The most popular banknotes used in South Korea are: ₩1000, ₩5000, ₩10000, ₩50000. It's solely used in South Korea.

FACT 3: The won was introduced in 1962. In 2006, it became a major concern that the banknotes were being counterfeited and the new redesigns include over 10 security features in each denomination.