What Currency Does Panama Use?
Exchange rate (approximate):
1 USD โ 1 USD
1 GBP โ 1.3406 USD
Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.
Travel Money Card
Travelling to Panama? Avoid poor airport exchange rates โ a prepaid travel money card or multi-currency card usually gets you a far better deal on United States dollar spending.
Panama uses the United States dollar (currency code: USD, symbol: $).
Panama currency โ FAQ
What is the currency of Panama?
Panama uses the United States dollar (USD).
What is the United States dollar symbol?
The symbol for the United States dollar is $.
Can I use US dollars in Panama?
The official currency of Panama is the United States dollar. While USD may be accepted in some tourist areas, it is recommended to use local currency.
What is the exchange rate for Panama?
Approximately 1 USD = 1 USD. Rates change daily โ always check before travelling.
Money essentials for Panama
Affiliate links โ we may earn a small commission at no extra cost to you.
RFID Travel Money Belt
Keep cash and cards safe while you travel.
Compact Currency Converter
Convert prices instantly without your phone.
This page contains affiliate links. We may earn a small commission if you purchase through our links, at no extra cost to you. Learn more.
Last updated: