How does the value of a Panamánian balboa compare to that of a U.S. dollar, and why is this so?

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asked Oct 9, 2022 201k views

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Lyju I Edwinson · Answer 1 · 2022-10-15T12:31:46+0000

Because the Panamanian balboa is the same value as a USD. They don't use it anymore since it's easier to use U.S currency which is international commerce and nobody complains. $5 balboa = $5 dollars etc.

How does the value of a Panamánian balboa compare to that of a U.S. dollar, and why is this so?

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