MONETARY UNIT OF PANAMA Crossword Clue
MONETARY UNIT OF PANAMA Crossword Clue
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Crossword Puzzle Infos
The monetary unit of Panama is the BALBOA, which is a six-letter word. The BALBOA was introduced in 1904 and is named after the Spanish explorer Vasco Núñez de BALBOA, who was the first European to discover the Pacific Ocean. It is pegged to the US dollar at a rate of 1:1 and is used alongside the US dollar in Panama.