I'm interested in learning about the official coin of Panama. I want to know which coin represents that country and possibly some background information about it.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    benjamin_stokes_astronomer
    Sat Nov 16 2024
   
  
    The balboa is one of the official currencies of Panama.
  
  
 
            
            
  
    
    CryptoAlchemy
    Fri Nov 15 2024
   
  
    Along with the United States dollar, it holds equal status in the country.
  
  
 
            
            
  
    
    Leonardo
    Fri Nov 15 2024
   
  
    The balboa is subdivided into 100 centésimos, making it easier for transactions involving smaller amounts.
  
  
 
            
            
  
    
    Alessandra
    Fri Nov 15 2024
   
  
    The symbol for the balboa is B/., while its ISO 4217 code is PAB.
  
  
 
            
            
  
    
    Maria
    Fri Nov 15 2024
   
  
    This currency is named in honor of the Spanish explorer and conquistador Vasco Núñez de Balboa.