I'm wondering if the currency used in Panama is the same as the US dollar. Are they interchangeable or does Panama have its own separate currency?
7 answers
RobertJohnson
Sat Nov 16 2024
Panama's official currency is the balboa.
Carlo
Sat Nov 16 2024
The exchange rate for the balboa has been consistently linked to the US dollar.
Lucia
Sat Nov 16 2024
Despite being Panama's official currency, the country does not print its own paper money.
TaegeukChampionship
Sat Nov 16 2024
The US dollar is recognized as legal tender in Panama.
Alessandra
Fri Nov 15 2024
Panama also issues its own coins.