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Panamanian Balboa to Moroccan Dirham

Convert PAB to MAD

One PAB is worth 9.7702 MAD.

One MAD is worth 0.10235 PAB.

1 PAB is worth 9.7702 MAD at the mid-market rate. That rate is indicative, dated below, and is the reference figure before any bank or bureau margin.

Updated Nov 11, 2026, 12:02 AM

From
To
PAB

Converted amount

9.77 MAD

1 PAB = 9.7702 MAD · 1 MAD = 0.10235 PAB

Updated Nov 11, 2026, 12:02 AM

PAB to MAD conversion table

Common Panamanian Balboa amounts converted into Moroccan Dirham at the mid-market rate dated on this page. Read a price straight off the table instead of typing an amount.

Amount in PABConverted to MAD
1 PAB9.77 MAD
5 PAB48.85 MAD
10 PAB97.70 MAD
25 PAB244.25 MAD
50 PAB488.51 MAD
100 PAB977.02 MAD
250 PAB2,442.55 MAD
500 PAB4,885.09 MAD
1,000 PAB9,770.18 MAD
2,500 PAB24,425.45 MAD
5,000 PAB48,850.90 MAD
10,000 PAB97,701.80 MAD
25,000 PAB244,254.50 MAD
50,000 PAB488,509.00 MAD
100,000 PAB977,018.00 MAD

Convert MAD back to PAB

Amount in MADConverted to PAB
10 MAD1.02 PAB
50 MAD5.12 PAB
100 MAD10.24 PAB
250 MAD25.59 PAB
500 MAD51.18 PAB
1,000 MAD102.35 PAB
2,500 MAD255.88 PAB
5,000 MAD511.76 PAB
10,000 MAD1,023.52 PAB
50,000 MAD5,117.61 PAB
100,000 MAD10,235.23 PAB

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 Panamanian Balboa to Moroccan Dirham rate

This page converts the Panamanian Balboa (PAB) into the Moroccan Dirham (MAD) 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 PAB/MAD moves exactly as USD/MAD 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 PAB/MAD, 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.

PAB to MAD: common questions

How much is 100 PAB in MAD?

100 PAB converts to 977.02 MAD at the mid-market rate shown on this page, where one PAB is worth 9.7702 MAD. The pair moves through the day, so check the date under the rate before you rely on the figure.

Is 9.7702 the rate my bank will give me?

No. 9.7702 is the mid-market rate for PAB to MAD, 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 PAB to MAD exchange rate?

One PAB is worth 9.7702 MAD, and one MAD is worth 0.10235 PAB, 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 MAD back to PAB?

Use the inverse rate: one MAD is worth 0.10235 PAB, so multiply your Moroccan Dirham 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 PAB to MAD without internet?

Yes, in the Android app. It stores the last synced PAB to MAD 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 PAB to MAD rate keep changing?

The Panamanian Balboa and the Moroccan Dirham 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 PAB to MAD offline

The Android app keeps the last synced rates on your phone, so PAB to MAD 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 PAB/MAD crosses a level you set.

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The PAB to MAD 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.