Historical Exchange Rates
MAD to PAB Historical Exchange Rates
Review date-based historical exchange-rate data for Moroccan Dirham 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
MAD/PAB range data
1 MAD = 0.10808046 PAB on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-09 and 2026.
| Date | Rate |
|---|---|
| 2026-08-11 | 1 MAD = 0.107408 PAB |
| 2026-08-12 | 1 MAD = 0.10754902 PAB |
| 2026-08-13 | 1 MAD = 0.10757242 PAB |
| 2026-08-14 | 1 MAD = 0.10753382 PAB |
| 2026-08-17 | 1 MAD = 0.10768136 PAB |
| 2026-08-18 | 1 MAD = 0.10759167 PAB |
| 2026-08-19 | 1 MAD = 0.10763915 PAB |
| 2026-08-20 | 1 MAD = 0.1075449 PAB |
| 2026-08-21 | 1 MAD = 0.10763499 PAB |
| 2026-08-24 | 1 MAD = 0.10792799 PAB |
| 2026-08-25 | 1 MAD = 0.10792231 PAB |
| 2026-08-26 | 1 MAD = 0.10808824 PAB |
| 2026-08-27 | 1 MAD = 0.10835573 PAB |
| 2026-08-28 | 1 MAD = 0.10827407 PAB |
| 2026-08-31 | 1 MAD = 0.10808046 PAB |
Historical trend summary
Observed changes in MAD/PAB
Across 21 provider observations from to , MAD/PAB finished above its first observation. The observed change was +1.26%.
The lowest observed rate was 1 MAD = 0.10673194 PAB on . The highest was 1 MAD = 0.10835573 PAB on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MAD/PAB historical data
MAD/PAB records how many panamanian balboa units one moroccan dirham represented at each provider publication. Moroccan Dirham is associated with Morocco, 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: 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.