Panama Money

• The local money used in Panama is Balboa.


• The currency symbol of the Panamanian money is B/..


• The Panamanian currency code is PAB.


• The Balboa Notes: The Panamanian currency notes are made up of none (U.S. dollars are employed instead, although denominated in balboas).


• The Balboa Coins: 1 Balboa is made up of 100 Centesimos. Panamanian Centesimo Coins go from 1 & 5 centésimos, ¼ & ½ balboa.

What is the best currency to use in Panama? obviously it is best to convert your currency to Panamanian money and use the local Balboa as it is accepted everywhere in Panama. American dollars and other major currencies like Stirling Pound or Japanese Yen are not readily accepted in most business establishments, however some major hotel chains, restaurants and shops may accept US dollars at an agreed upon exchange rate.

Can I use my credit cards in Panama? Major credit cards, like Mastercard and Visa, are usually accepted within Panama (at hotels, restaurants, shops, travel agencies etc.). American Express is less common and can attract surcharges if you are able to use in an establishment - therefore check before you use it.

What is the exchange rate for Balboa to US Dollars?

Exchange rates for foreign currencies are often changing and in most cases by the minute.

It’s wise to ask for the the latest money exchange rate for US Dollar to Panamanian Balboa before purchasing the Balboa you require for your next trip at American Dollar to Balboa Exchange Rate Today.

What is the exchange rate for Balboa to British Pound?

Exchange rates for foreign currencies are always changing and in most cases by the minute.

It’s wise to check out the current money exchange rate for British Pound to Panamanian Balboa before buying the Balboa you need for your up coming trip from Stirling Pound to Balboa Exchange Rate Today.