The currency of Panama is the Panamanian Balboa. It’s code is PAB & it's symbol is B/. According to our data, USD to PAB is the most popular Panamanian Balboa exchange rate conversion.
The Colombian Peso was replaced by the Panamanian Balboa in 1904 as a result of its independence. It's used solely in Panama.
The Balboa has since been pegged to the US dollar and is accepted as legal tender in Panama.