Historical Exchange Rates
PAB to MAD Historical Exchange Rates
Review date-based historical exchange-rate data for Panamanian Balboa and Moroccan Dirham. 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
PAB/MAD range data
1 PAB = 9.252366 MAD on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-09 and 2026.
| Date | Rate |
|---|---|
| 2026-08-11 | 1 PAB = 9.310293 MAD |
| 2026-08-12 | 1 PAB = 9.298086 MAD |
| 2026-08-13 | 1 PAB = 9.296063 MAD |
| 2026-08-14 | 1 PAB = 9.2994 MAD |
| 2026-08-17 | 1 PAB = 9.286658 MAD |
| 2026-08-18 | 1 PAB = 9.2944 MAD |
| 2026-08-19 | 1 PAB = 9.2903 MAD |
| 2026-08-20 | 1 PAB = 9.298441 MAD |
| 2026-08-21 | 1 PAB = 9.29066 MAD |
| 2026-08-24 | 1 PAB = 9.265437 MAD |
| 2026-08-25 | 1 PAB = 9.265925 MAD |
| 2026-08-26 | 1 PAB = 9.2517 MAD |
| 2026-08-27 | 1 PAB = 9.228862 MAD |
| 2026-08-28 | 1 PAB = 9.235822 MAD |
| 2026-08-31 | 1 PAB = 9.252366 MAD |
Historical trend summary
Observed changes in PAB/MAD
Across 21 provider observations from to , PAB/MAD finished below its first observation. The observed change was -1.25%.
The lowest observed rate was 1 PAB = 9.228862 MAD on . The highest was 1 PAB = 9.369266 MAD on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding PAB/MAD historical data
PAB/MAD records how many moroccan dirham units one panamanian balboa represented at each provider publication. Panamanian Balboa is associated with Panama, while Moroccan Dirham is associated with Morocco. 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.