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WHAT IS THE OFFICAL CURRENCY AND EXCHANGE RATE?

April 26, 2017currency exchange rate Offical

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WHAT IS THE OFFICAL CURRENCY AND EXCHANGE RATE?

1 Answer

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10 Posted

The official currency is the Balboa at an exchange rate of 1-1 with the US dollar. Panama does not print paper money and the US dollar is used regularly. Panamanian coins are exactly the size of the U.S. coins of the same value and are used interchangably in vending machines, toll booths etc.