What is the current PAB to MAD exchange rate?

The current mid-market exchange rate is 1 PAB = 9.3228 MAD. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best PAB to MAD rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert PAB to MAD?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the PAB/MAD rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert PAB to MAD — live rate

Convert Panamanian Balboas to Moroccan Dirhams and compare the real cost of sending money.

You send

PAB

They receive

MAD

1 PAB = 9.3228 MAD • Mid-market rate

Updated just now

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Historical PAB/MAD exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: PAB to MAD

1 PAB → 9.32 MAD

5 PAB → 46.61 MAD

10 PAB → 93.23 MAD

50 PAB → 466.14 MAD

100 PAB → 932.28 MAD

500 PAB → 4,661.42 MAD

1,000 PAB → 9,322.83 MAD

5,000 PAB → 46,614.15 MAD

Currency snapshots

PAB — Panamanian Balboa

ISO Code PAB

Symbol B/.

Central Bank National Bank of Panama

Learn more about PAB

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert PAB to MAD — live rate

Historical PAB/MAD exchange rate

Quick reference: PAB to MAD

Real cost of PAB → MAD

Estimated savings

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Currency snapshots