Historical Exchange Rates
BTN to PAB Historical Exchange Rates
Review date-based historical exchange-rate data for Bhutanese Ngultrum and Panamanian Balboa. This page is designed for historical lookup, not current conversion.
Showing the 30D range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
BTN/PAB range data
1 BTN = 0.01042735 PAB on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-07 and 2026.
| Date | Rate |
|---|---|
| 2026-07-08 | 1 BTN = 0.01050598 PAB |
| 2026-07-09 | 1 BTN = 0.01047889 PAB |
| 2026-07-10 | 1 BTN = 0.01053283 PAB |
| 2026-07-13 | 1 BTN = 0.01047858 PAB |
| 2026-07-14 | 1 BTN = 0.01044303 PAB |
| 2026-07-15 | 1 BTN = 0.01039717 PAB |
| 2026-07-16 | 1 BTN = 0.01036504 PAB |
| 2026-07-17 | 1 BTN = 0.01039568 PAB |
| 2026-07-20 | 1 BTN = 0.01037983 PAB |
| 2026-07-21 | 1 BTN = 0.01038637 PAB |
| 2026-07-22 | 1 BTN = 0.0103756 PAB |
| 2026-07-23 | 1 BTN = 0.0103584 PAB |
| 2026-07-24 | 1 BTN = 0.01036673 PAB |
| 2026-07-27 | 1 BTN = 0.01038474 PAB |
| 2026-07-28 | 1 BTN = 0.01042735 PAB |
Historical trend summary
Observed changes in BTN/PAB
Across 22 provider observations from to , BTN/PAB finished below its first observation. The observed change was -1.68%.
The lowest observed rate was 1 BTN = 0.0103584 PAB on . The highest was 1 BTN = 0.01060555 PAB on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding BTN/PAB historical data
BTN/PAB records how many panamanian balboa units one bhutanese ngultrum represented at each provider publication. Bhutanese Ngultrum is associated with Bhutan, while Panamanian Balboa is associated with Panama. The series can support dated price comparisons, cross-currency records and research into how the relationship changed over the selected period.
Observed movement can reflect relative inflation, economic activity, monetary-policy conditions, trade and demand for the two currencies. The documented exchange-rate arrangements also provide context: The Bhutanese ngultrum is maintained at one-to-one parity with the Indian rupee.; Fixed at parity with the US dollar. These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.
Exchange-rate information is provided for reference only and is not financial, trading or investment advice.
Source and calculation method
CurrencyHub preserves the requested date separately from the actual provider publication date. Monthly and annual averages are arithmetic means of available daily observations, and the month-end value is the final published observation in that calendar month. No missing weekend or holiday rate is invented or interpolated. Review the policy that applies to any accounting, tax or legal use.
Data interpretation note
These observations are reference rates for comparison and research, not bank execution prices. A requested weekend or holiday may have no publication because the provider follows its own release calendar; CurrencyHub identifies the actual published date instead of inventing or interpolating a value. Banks and payment services can use different processing dates, spreads and fees.