Republic of Panama

República de Panamá

REFERENCE: Republic of Panama (Spanish República de Panamá) is a state with a presidential form of government, a unitary state system and a democratic regime in Central and South America on the Isthmus of Panama between the Caribbean and the Pacific Ocean, bordered by Costa Rica to the west and Colombia to the east.

Panamanian currency - Balboa was introduced in 1903, after separation from Colombia. However, in practice, balboa is little used. Panama has its own coinage, but US dollars are used as paper currency. In Panama, coins are minted in denominations of 5 balboa, as well as 1 balboa and smaller (since 1934, the balboa rate has been firmly tied to the American dollar in a ratio of 1:1). Panama was the first of three Latin American countries to come to dollarization; Ecuador and El Salvador were later dollarized. Wiki
 
cat. # P
face value
year
Description/Notes
 OBVERSE
REVERSE

El Banco Central de Emision de la Republica de Panama

1933 "Sosa" issue
P:21
 1 balboa
1933
 


P:21A
 10 balboa
1933
 


 

Issue 1941 "Arias"

HBNC Printing Office
P:22a
 1 balboa
1941
 


P:22s
 1 balboa
1941
 SPECIMEN


P:23a
 5 balboa
1941
 


P:23s
 5 balboa
1941
 SPECIMEN


P:24a
 10 balboa
1941
 


P:24s
 10 balboa
1941
 SPECIMEN


P:25a
 20 balboa
1941
 


P:25s
 20 balboa
1941
 SPECIMEN