Moroccan Dirham to Panamanian Balboa
Convert MAD to PAB
One MAD is worth 0.10202 PAB.
One PAB is worth 9.8022 MAD.
1 MAD is worth 0.10202 PAB at the mid-market rate. That rate is indicative, dated below, and is the reference figure before any bank or bureau margin.
Updated Nov 12, 2026, 12:02 AM
Converted amount
1.02 PAB
1 MAD = 0.10202 PAB · 1 PAB = 9.8022 MAD
Updated Nov 12, 2026, 12:02 AM
MAD to PAB conversion table
Common Moroccan Dirham amounts converted into Panamanian Balboa at the mid-market rate dated on this page. Read a price straight off the table instead of typing an amount.
| Amount in MAD | Converted to PAB |
|---|---|
| 10 MAD | 1.02 PAB |
| 50 MAD | 5.10 PAB |
| 100 MAD | 10.20 PAB |
| 250 MAD | 25.50 PAB |
| 500 MAD | 51.01 PAB |
| 1,000 MAD | 102.02 PAB |
| 2,500 MAD | 255.05 PAB |
| 5,000 MAD | 510.09 PAB |
| 10,000 MAD | 1,020.18 PAB |
| 25,000 MAD | 2,550.46 PAB |
| 50,000 MAD | 5,100.92 PAB |
| 100,000 MAD | 10,201.84 PAB |
| 250,000 MAD | 25,504.61 PAB |
| 500,000 MAD | 51,009.22 PAB |
| 1,000,000 MAD | 102,018.43 PAB |
Convert PAB back to MAD
| Amount in PAB | Converted to MAD |
|---|---|
| 1 PAB | 9.80 MAD |
| 5 PAB | 49.01 MAD |
| 10 PAB | 98.02 MAD |
| 25 PAB | 245.05 MAD |
| 50 PAB | 490.11 MAD |
| 100 PAB | 980.21 MAD |
| 250 PAB | 2,450.54 MAD |
| 500 PAB | 4,901.08 MAD |
| 1,000 PAB | 9,802.15 MAD |
| 5,000 PAB | 49,010.75 MAD |
| 10,000 PAB | 98,021.50 MAD |
The figure shown is the mid-market rate: the midpoint between the buy and sell price, dated on the page. It is the rate before any margin is added, so a bank or a bureau de change will quote you a lower one.
About the Moroccan Dirham to Panamanian Balboa rate
This page converts the Moroccan Dirham (MAD) into the Panamanian Balboa (PAB) at the mid-market rate. Both currencies trade continuously on the foreign exchange market, and the ratio between them moves with interest rates, inflation and the trade flows between their economies. The rate shown here is the neutral reference each bank, card network and bureau de change then builds its own price on top of.
The Panamanian Balboa is pegged to the US dollar at 1.0000 PAB per USD, so MAD/PAB moves exactly as MAD/USD does: any change in this rate is the Moroccan Dirham moving against the US dollar.
Every figure on this page is a mid-market reading of MAD/PAB, dated above. It says where the pair stood at that time, not where it is heading: no rate here is a forecast, a quote, or an offer to exchange.
MAD to PAB: common questions
How much is 100 MAD in PAB?
100 MAD converts to 10.20 PAB at the mid-market rate shown on this page, where one MAD is worth 0.10202 PAB. The pair moves through the day, so check the date under the rate before you rely on the figure.
Is 0.10202 the rate my bank will give me?
No. 0.10202 is the mid-market rate for MAD to PAB, the midpoint between the buy and sell price and the rate before anyone adds a margin. A bank, a card network or a bureau de change quotes a lower rate on this pair and may charge a fee on top, so expect to receive less than the converted figure shown here.
What is the MAD to PAB exchange rate?
One MAD is worth 0.10202 PAB, and one PAB is worth 9.8022 MAD, at the time shown under the rate. The figure comes from ExchangeRate-API: it is a mid-market reading rather than a live trading price, and every figure on this page, the converter included, uses it.
How do I convert PAB back to MAD?
Use the inverse rate: one PAB is worth 9.8022 MAD, so multiply your Panamanian Balboa amount by that figure. You can also swap the two currencies in the converter above and the table recalculates in the other direction.
Can I convert MAD to PAB without internet?
Yes, in the Android app. It stores the last synced MAD to PAB rate on the device and keeps converting with no connection, then updates as soon as you are online again. This website needs a connection, because it fetches the rate when the page loads.
Why does the MAD to PAB rate keep changing?
The Moroccan Dirham and the Panamanian Balboa are priced against each other continuously on the currency market. Interest rates, inflation, trade flows and political news all move the pair, which is why the rate you saw in the morning is rarely the rate you see at night.
Convert MAD to PAB offline
The Android app keeps the last synced rates on your phone, so MAD to PAB still converts with no connection: on a plane, in a metro, or abroad without a data plan. It also converts one source currency into several targets on one screen, charts the history of every pair, and can send you a push notification when MAD/PAB crosses a level you set.
Other conversions people make with MAD and PAB
The MAD to PAB rate on this page is an indicative mid-market rate from ExchangeRate-API, dated where it is shown. It is the rate before any margin is added, so a bank, a bureau de change or a payment provider will quote you less. Nothing on this page is financial advice.