What Currency Does Panama Use?

The flag of Panama is composed of four equal rectangular areas โ€” a white rectangular area with a blue five-pointed star at its center, a red rectangular area, a white rectangular area with a red five-pointed star at its center, and a blue rectangular area โ€” in the upper hoist side, upper fly side, lower fly side and lower hoist side respectively.
Currency of Panama United States dollar USD ยท $

Exchange rate (approximate):

1 USD โ‰ˆ 1 USD

1 GBP โ‰ˆ 1.3406 USD

Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.

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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.

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๐ŸŒ All facts about Panama ๐Ÿ›๏ธ Capital: Panama City ๐Ÿ“ž Dialling: +507

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