FACT 1: The currency of Panama is the Panamanian Balboa. It’s code is PAB & it's symbol is B/. According to our data, USD to PAB is the most popular Panamanian Balboa exchange rate conversion.

FACT 2: The Colombian Peso was replaced by the Panamanian Balboa in 1904 as a result of its independence. It's used solely in Panama.

FACT 3: The Balboa has since been pegged to the US dollar and is accepted as legal tender in Panama.

CAD
Canadian Dollar

FACT 1: The currency of Canada is the Canadian Dollar. It's code is CAD. According to our data, CAD to USD is the most popular Canadian Dollar exchange rate conversion. Canadians nickname their currency, amongst others: Loonie, buck (English), Huard and piastre (French).

FACT 2: The most frequently used banknotes in Canada are:$5, $10, $20, $50, $100. The currency is used solely in Canada

FACT 3: In the 1950s Canada decided to have a floating currency; however, in 1962 the currency became a fixed exchange rate again at 0.925 USD = 1 Canadian Dollar. The peg was kept until 1970 after which it again became a floating currency.