CURRENCYHUB

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.

1. Choose currencies
2. Choose a date or range
3. Enter an amount

Showing the 1Y range. Providers may omit weekends, holidays or dates without published data.

Requested dateRange view
Actual published date
Reference rate1 MAD = 0.1024618 PAB
Converted amount0.102462 PAB

Data source: Frankfurter | Rate date:

Historical Chart

MAD/PAB range data

Historical result1 MAD = 0.102462 PAB

1 MAD = 0.1024618 PAB on

High0.11085537
Low0.10021638
Average0.10773389
Change-6.18%

Monthly and annual reference summary

Calculated from available daily provider observations for 2026-10 and 2026.

Monthly average0.1016435513 observations
Annual average0.10753099204 observations
Month-end published rate0.10246182026-10-19
Most recent available rows
DateRate
2026-09-291 MAD = 0.10359036 PAB
2026-09-301 MAD = 0.10326972 PAB
2026-10-011 MAD = 0.10310486 PAB
2026-10-021 MAD = 0.10266043 PAB
2026-10-051 MAD = 0.10089981 PAB
2026-10-061 MAD = 0.10037886 PAB
2026-10-071 MAD = 0.10021638 PAB
2026-10-081 MAD = 0.10028369 PAB
2026-10-091 MAD = 0.10070537 PAB
2026-10-121 MAD = 0.10237937 PAB
2026-10-131 MAD = 0.10261198 PAB
2026-10-141 MAD = 0.10188176 PAB
2026-10-151 MAD = 0.1017028 PAB
2026-10-161 MAD = 0.10207909 PAB
2026-10-191 MAD = 0.1024618 PAB

Historical trend summary

Observed changes in MAD/PAB

30 days-2.60% to
3 months-4.09% to
1 year-6.18% to

Across 255 provider observations from to , MAD/PAB finished below its first observation. The observed change was -6.18%.

The lowest observed rate was 1 MAD = 0.10021638 PAB on . The highest was 1 MAD = 0.11085537 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.