Panamanian balboa facts for kids
| Panamanian balboa | |||||
|---|---|---|---|---|---|
| Balboa panameño (Spanish) | |||||
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| ISO 4217 Code | PAB | ||||
| User(s) |  Panama (alongside the U.S. dollar) |
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| Pegged with | U.S. dollar at par | ||||
| Subunit | |||||
| 1⁄100 |  Centésimo |
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| Symbol | B/. | ||||
| Coins | 1 and 5 centésimos, 1⁄10, 1⁄4, 1⁄2, 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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Panamanian balboa Facts for Kids. Kiddle Encyclopedia.