The balboa (sign: B/.; ISO 4217: PAB) is, along with the United States dollar, the currency of Panama.
The balboa is subdivided into 100 centésimos. It is named in honor of the Spanish explorer/conquistador Vasco Núñez de Balboa.
Panamanian balboa | |||||
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Balboa panameño (Spanish) | |||||
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ISO 4217 Code | PAB | ||||
User(s) | Panama (alongside the US dollar) | ||||
Pegged with | US dollar at par | ||||
Subunit | |||||
Centésimo | |||||
Symbol | B/. | ||||
Coins | 1 and 5 centésimos, , , , and 1 balboas | ||||
Banknotes | None (US banknotes are employed instead, although denominated in balboas) | ||||
1 Panama now uses US dollar notes. |
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