Balboa (currency)
Named in honor of Spanish explorer/conquistador Vasco Núñez de Balboa, the balboa is the official currency of Panama. Its ISO 4217 code is PAB.
The balboa has been tied to the U.S. dollar (which is legal tender in Panama) at an exchange rate of 1:1 since 1903, and balboas can be exchanged for U.S. dollars in Panama at any time at a 1:1 ratio. The balboa is divided into 100 centésimos; modern 1, 5, 10, 25, and 50 centésimo coins are the same weight, dimensions, and metallic composition as the U.S. penny, nickel, dime, quarter, and half-dollar respectively.
Current PAB exchange rates
AUD | CAD | EUR | GBP | INR | NZD | USD
External links
| Currencies of The Americas | |
|---|---|
| North | Bermuda dollar | Canadian dollar | Mexican peso | US dollar |
| Central | Belize dollar | Costa Rican colón | Salvadoran colón | Guatemalan quetzal | Honduran lempira | Nicaraguan córdoba | Panamanian balboa |
| Caribbean | Bahamian dollar | Barbadian dollar | Cayman dollar | Cuban peso | Dominican peso | East Caribbean dollar | Haitian gourde | Jamaican dollar | Trinidad and Tobago dollar | (Aruban florin) | (Netherlands Antilles florin) |
| South | Argentine peso | Bolivian boliviano | Brazilian real | Chilean peso | Colombian peso | Guyanese dollar | Paraguayan guaraní | Peruvian nuevo sol | Suriname dollar | Uruguayan peso | Venezuelan bolívar | (Falkland pound)
The euro is used in the French DOM regions of Saint-Pierre et Miquelon, Guadeloupe, Martinique and French Guiana. </table> |
Categories: American currencies | Panama