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Panamanian balboa facts for kids

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Panamanian balboa
Balboa panameño (Spanish)
1⁄2 balboa(front) 1⁄2 balboa(back)
12 balboa
(front)
12 balboa
(back)
ISO 4217 Code PAB
User(s)  Panama (alongside the U.S. dollar)
Pegged with U.S. dollar at par
Subunit
1100 1 centesimo de balboa.jpg
Centésimo
Symbol B/.
Coins 1 and 5 centésimos, 110, 14, 12, and 1 balboas
Banknotes None (U.S. banknotes are employed instead, although denominated in balboas)
1 Panama now uses U.S. dollar notes.

The balboa (sign: B/.; ISO 4217: PAB) is, along with the United States dollar, the currency of Panama. The balboa is subdivided into 100 centésimos. It is named in honor of the Spanish explorer/conquistador Vasco Núñez de Balboa.

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