Panama Money

The currency of Panama is the US Dollar. Atms can be found in all large cities and travellers cheques are
changed in most banks.

Daily budget US$ 25.
Panama uses the U.S. dollar as its currency, calling it the Balboa. Although its value fluctuates freely on
world markets, the dollar has remained relatively stable. The use of the dollar as the nation's currency has
provided a number of benefits for the Panamanian economy. The dollar has provided monetary stability,
since the Panamanian government cannot devalue the currency or print new supplies. However, it also
means that the government has no control over monetary policy and that the

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