Panama Exchange Rate against USD

1940 - 2025 | Monthly | USD/PAB | CEIC Data

Key information about Panama Exchange Rate against USD

  • Panama Exchange Rate against USD averaged 1.000 (USD/PAB) in Oct 2025, compared with 1.000 USD/PAB in the previous month.
  • Panama Exchange Rate against USD data is updated monthly, available from Jan 1940 to Oct 2025.
  • The data reached an all-time high of 1.000 in Oct 2025 and a record low of 1.000 in Oct 2025.

International Monetary Fund provides average Exchange Rate against USD. Panama local currency (Balboa) is pegged to the dollar on a one-to-one basis.


Key information about Panama Exchange Rate against USD

  • In the latest reports, Panama Short Term Interest Rate: Month End: Interbank Reference Rate: 3 Months was reported at 4.190 % pa in Oct 2025.

View Panama's Exchange Rate against USD from Jan 1940 to Oct 2025 in the chart:

Panama Exchange Rate against USD

What was Panama's Exchange Rate against USD in Oct 2025?

Panama Exchange Rate against USD averaged 1.000 (USD/PAB) in Oct 2025, compared with 1.000 USD/PAB in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1.000 Oct 2025 1.000 Sep 2025 1.000 Oct 2025 1.000 Oct 2025 USD/PAB monthly Jan 1940 - Oct 2025

Exchange Rate against USD by Country Comparison

country/region Last Frequency Range
Albania (USD/ALL) 82.676 Oct 2025 monthly Jan 1992 - Oct 2025
Algeria (USD/DZD) 129.972 Oct 2025 monthly Jan 1957 - Oct 2025
Argentina (USD/ARS) 1,429.570 Nov 2025 monthly Nov 1977 - Nov 2025
Armenia (USD/AMD) 382.705 Oct 2025 monthly Apr 1992 - Oct 2025
Australia (USD/AUD) 1.527 Oct 2025 monthly Jan 1957 - Oct 2025
Austria (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Azerbaijan (USD/AZN) 1.700 Oct 2025 monthly Dec 1992 - Oct 2025
Bahrain (USD/BHD) 0.376 Nov 2025 monthly Jan 1966 - Nov 2025
Bangladesh (USD/BDT) 122.310 Nov 2025 monthly May 1970 - Nov 2025
Belarus (USD/BYN) 2.960 Nov 2025 monthly Jan 1994 - Nov 2025
Belgium (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Bolivia (USD/BOB) 6.910 Nov 2025 monthly Mar 1959 - Nov 2025
Bosnia and Herzegovina (USD/BAM) 1.681 Oct 2025 monthly Jan 1997 - Oct 2025
Botswana (USD/BWP) 13.327 Nov 2025 monthly Jan 1957 - Nov 2025
Brazil (USD/BRL) 5.383 Oct 2025 monthly Feb 1986 - Oct 2025
Brunei (USD/BND) 1.295 Oct 2025 monthly Jan 1957 - Oct 2025
Bulgaria (USD/BGN) 1.692 Nov 2025 monthly Jan 1957 - Nov 2025
Cambodia (USD/KHR) 4,011.294 Nov 2025 monthly Jan 1957 - Nov 2025
Canada (USD/CAD) 1.399 Oct 2025 monthly Jan 1957 - Oct 2025
Chile (USD/CLP) 935.697 Nov 2025 monthly Jan 1957 - Nov 2025
China (USD/RMB) 7.120 Oct 2025 monthly Jan 1957 - Oct 2025
Colombia (USD/COP) 3,780.340 Nov 2025 monthly Jan 1950 - Nov 2025
Croatia (USD/EUR) 0.859 Oct 2025 monthly Jan 1992 - Oct 2025
Cyprus (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Czech Republic (USD/CZK) 20.957 Nov 2025 monthly Jan 1993 - Nov 2025
Denmark (USD/DKK) 6.415 Oct 2025 monthly Jan 1957 - Oct 2025
Ecuador (USD/USD) 1.000 Nov 2025 monthly May 2006 - Nov 2025
Egypt (USD/EGP) 47.395 Nov 2025 monthly Jan 1957 - Nov 2025
Estonia (USD/EUR) 0.859 Oct 2025 monthly Jun 1992 - Oct 2025
European Union (USD/EUR) 0.859 Oct 2025 monthly Jan 1999 - Oct 2025
Finland (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
France (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Georgia (USD/GEL) 2.708 Nov 2025 monthly Sep 1995 - Nov 2025
Germany (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Ghana (USD/GHS) 11.024 Nov 2025 monthly Jan 1957 - Nov 2025
Greece (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Hong Kong SAR, China (USD/HKD) 7.774 Oct 2025 monthly Jan 1957 - Oct 2025
Hungary (USD/HUF) 332.687 Nov 2025 monthly Jan 1968 - Nov 2025
Iceland (USD/ISK) 127.017 Nov 2025 monthly Jan 1957 - Nov 2025
India (USD/INR) 88.369 Oct 2025 monthly Jan 1957 - Oct 2025
Indonesia (USD/IDR) 16,703.050 Nov 2025 monthly Jan 1967 - Nov 2025
Iran (USD/IRR) 594,867.667 Nov 2025 monthly Jan 1957 - Nov 2025
Ireland (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Israel (USD/ILS) 3.255 Nov 2025 monthly Jan 1957 - Nov 2025
Italy (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Ivory Coast (USD/XOF) 564.000 Oct 2025 monthly Jan 1957 - Oct 2025
Japan (USD/JPY) 151.355 Oct 2025 monthly Jan 1957 - Oct 2025
Jordan (USD/JOD) 0.709 Nov 2025 monthly Jan 1957 - Nov 2025
Kazakhstan (USD/KZT) 522.720 Nov 2025 monthly Nov 1993 - Nov 2025
Kenya (USD/KES) 129.495 Nov 2025 monthly Jan 1957 - Nov 2025
South Korea (USD/KRW) 1,423.080 Oct 2025 monthly Jan 1957 - Oct 2025
Kosovo (USD/EUR) 0.859 Oct 2025 monthly Jan 1999 - Oct 2025
Kuwait (USD/KWD) 0.306 Nov 2025 monthly Jan 1957 - Nov 2025
Kyrgyzstan (USD/KGS) 87.450 Nov 2025 monthly May 1993 - Nov 2025
Laos (USD/LAK) 20,476.200 Nov 2025 monthly Jan 1957 - Nov 2025
Latvia (USD/EUR) 0.859 Oct 2025 monthly Feb 1992 - Oct 2025
Lebanon (USD/LBP) 89,500.000 Oct 2025 monthly Jan 1957 - Oct 2025
Lithuania (USD/EUR) 0.859 Oct 2025 monthly Dec 1992 - Oct 2025
Luxembourg (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Macau SAR, China (USD/MOP) 8.010 Nov 2025 monthly Dec 1967 - Nov 2025
North Macedonia (USD/MKD) 52.956 Oct 2025 monthly Dec 1993 - Oct 2025
Malawi (USD/MWK) 1,750.090 Sep 2025 monthly Jan 1957 - Sep 2025
Malaysia (USD/MYR) 4.214 Oct 2025 monthly Jan 1957 - Oct 2025
Malta (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Mauritius (USD/MUR) 46.445 Nov 2025 monthly Jan 1957 - Nov 2025
Mexico (USD/MXN) 18.425 Oct 2025 monthly Jan 1957 - Oct 2025
Moldova (USD/MDL) 17.048 Nov 2025 monthly May 1994 - Nov 2025
Mongolia (USD/MNT) 3,571.034 Nov 2025 monthly Jul 1990 - Nov 2025
Montenegro (USD/EUR) 0.859 Oct 2025 monthly Jan 1999 - Oct 2025
Morocco (USD/MAD) 9.274 Nov 2025 monthly Jan 1957 - Nov 2025
Mozambique (USD/MZN) 63.905 Nov 2025 monthly Jan 1957 - Nov 2025
Myanmar (USD/MMK) 2,100.000 Nov 2025 monthly Apr 2012 - Nov 2025
Nepal (USD/NPR) 140.643 Sep 2025 monthly Jan 1957 - Sep 2025
Netherlands (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
New Zealand (USD/NZD) 1.735 Oct 2025 monthly Jan 1957 - Oct 2025
Nigeria (USD/NGN) 1,443.350 Nov 2025 monthly Jan 1957 - Nov 2025
Norway (USD/NOK) 10.021 Oct 2025 monthly Sep 1914 - Oct 2025
Oman (USD/OMR) 0.385 Nov 2025 monthly Jan 1957 - Nov 2025
Pakistan (USD/PKR) 281.268 Oct 2025 monthly Jan 1957 - Oct 2025
Panama (USD/PAB) 1.000 Oct 2025 monthly Jan 1940 - Oct 2025
Paraguay (USD/PYG) 7,004.928 Oct 2025 monthly Jan 1957 - Oct 2025
Peru (USD/PEN) 3.414 Oct 2025 monthly Jan 1960 - Oct 2025
Philippines (USD/PHP) 58.914 Nov 2025 monthly Jan 1945 - Nov 2025
Poland (USD/PLN) 3.650 Oct 2025 monthly Jan 1957 - Oct 2025
Portugal (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Qatar (USD/QAR) 3.640 Nov 2025 monthly Jan 1966 - Nov 2025
Romania (USD/RON) 4.370 Oct 2025 monthly Jan 1957 - Oct 2025
Russia (USD/RUB) 92.990 Nov 2025 monthly Jun 1992 - Nov 2025
Saudi Arabia (USD/SAR) 3.750 Nov 2025 monthly Jan 1957 - Nov 2025
Serbia (USD/RSD) 101.430 Nov 2025 monthly Jan 1995 - Nov 2025
Singapore (USD/SGD) 1.295 Oct 2025 monthly Jan 1957 - Oct 2025
Slovakia (USD/EUR) 0.859 Oct 2025 monthly Jan 1993 - Oct 2025
Slovenia (USD/EUR) 0.859 Oct 2025 monthly Nov 1991 - Oct 2025
South Africa (USD/ZAR) 17.272 Oct 2025 monthly Jan 1957 - Oct 2025
Spain (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Sri Lanka (USD/LKR) 303.064 Oct 2025 monthly Jan 1957 - Oct 2025
Sudan (USD/SDG) 446.387 Mar 2022 monthly Jan 1957 - Mar 2022
Sweden (USD/SEK) 9.425 Oct 2025 monthly Jan 1957 - Oct 2025
Switzerland (USD/CHF) 0.797 Oct 2025 monthly Jan 1957 - Oct 2025
Syria (USD/SYP) 11,055.000 Nov 2025 monthly Jan 1990 - Nov 2025

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.9 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -6,416.100 2024 yearly 2003 - 2024
Tax Revenue (USD mn) 740.274 Sep 2025 monthly Jan 1995 - Sep 2025
Tax Revenue: % of GDP (%) 8.0 Jun 2025 quarterly Mar 2007 - Jun 2025
National Government Debt (USD mn) 58,832.7 Oct 2025 monthly Jul 2004 - Oct 2025
Government Debt: % of GDP (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Forecast: Government Expenditure (PAB bn) 25.641 2030 yearly 1994 - 2030
Forecast: Government Net Debt (PAB bn) 70.554 2030 yearly 1994 - 2030
Forecast: Government Revenue (PAB bn) 23.819 2030 yearly 1994 - 2030
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 487,361.403 Dec 2024 monthly Jan 1995 - Dec 2024
Central Government Revenue: Current Revenue: Tax (PAB th) 693,972.524 Dec 2024 monthly Jan 1995 - Dec 2024
Central Government Revenue: Current Revenue (PAB th) 2,942,813.523 Dec 2024 monthly Jan 1995 - Dec 2024
Public Debt: Domestic (USD mn) 9,460.795 Jan 2025 monthly Jul 2004 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,108.4 Sep 2025 monthly Jan 1964 - Sep 2025
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) 0.6 Sep 2025 monthly Jan 2001 - Sep 2025
Aluminum: Exports (USD th) 29,822.596 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 295,370.102 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 16,991.392 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,192.3 Sep 2025 monthly Jan 2000 - Sep 2025
Total Imports Growth (%) 2.0 Sep 2025 monthly Jan 2001 - Sep 2025
Imports: Medicament (USD th) 725,843.056 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 233,578.902 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 35.282 Aug 2025 monthly Jan 1970 - Aug 2025
Total Imports from USA (USD mn) 211.345 Aug 2025 monthly Jan 1967 - Aug 2025
Total Exports to China (USD mn) 1,194.503 2022 yearly 1999 - 2022
Total Imports from China (USD mn) 165.039 Aug 2025 monthly Mar 1989 - Aug 2025
Exports: FOB (PAB th) 84,431.775 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Prawn (PAB th) 11,096.530 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Banana (PAB th) 19,938.525 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Seafood Products (PAB th) 7,601.984 Dec 2024 monthly Jan 2002 - Dec 2024
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,072,958.000 2021 yearly 1999 - 2021
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -1,419.8 Jun 2025 quarterly Mar 2013 - Jun 2025
Current Account Balance (USD mn) 522.5 Jun 2025 quarterly Mar 1998 - Jun 2025
Current Account Balance: % of GDP (%) 2.6 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Direct Investment (USD mn) -887.1 Jun 2025 quarterly Mar 1998 - Jun 2025
Foreign Direct Investment: % of GDP (%) -4.4 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Portfolio Investment (USD mn) 434.124 Jun 2025 quarterly Mar 2013 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 2.2 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2025 quarterly Mar 2013 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 434.124 Jun 2025 quarterly Mar 2013 - Jun 2025
External Debt (USD mn) 48,132.1 Oct 2025 monthly Jul 2004 - Oct 2025
External Debt: % of GDP (%) 169.8 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.9 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -3.079 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -76,500.694 Jun 2025 quarterly Mar 2002 - Jun 2025
BoP: Net Errors and Omissions (PAB mn) -2,237.755 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Credit (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods (PAB mn) -1,502.437 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Debit (PAB mn) -5,833.509 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services (PAB mn) 3,683.629 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income (PAB mn) -1,297.490 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Credit (PAB mn) 1,000.008 Sep 2024 quarterly Mar 2013 - Sep 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 824.140 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Credit (PAB mn) 5,032.566 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Debit (PAB mn) -2,297.497 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financing: Reserve Assets (PAB mn) -5.330 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Direct Investment (PAB mn) 674.772 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Debit (PAB mn) -1,348.937 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) 924.830 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financial Account (FA) (PAB mn) 1,446.866 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Credit (PAB mn) 4,331.072 Sep 2024 quarterly Mar 2013 - Sep 2024
IIP: Liabilities (USD mn) 181,645.968 Sep 2024 quarterly Mar 2015 - Sep 2024
International Investment Position (IIP) (USD mn) -78,418.321 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Assets (USD mn) 103,227.647 Sep 2024 quarterly Mar 2015 - Sep 2024
Foreign Direct Investment (FDI) (PAB mn) 726.814 Sep 2024 quarterly Mar 2013 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Oct 2025 monthly Dec 2008 - Oct 2025
Household Debt: % of GDP (%) 37.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Non-Performing Loans (USD mn) 1,501.738 Oct 2025 monthly Dec 2008 - Oct 2025
Money Supply M1 (USD mn) 9,045.180 Sep 2025 monthly Dec 2002 - Sep 2025
Money Supply M2 (USD mn) 45,621.300 Sep 2025 monthly Dec 2002 - Sep 2025
M2 Growth (%) 9.7 Sep 2025 monthly Dec 2003 - Sep 2025
Foreign Exchange Reserves (USD mn) 4,972.0 Oct 2025 monthly Oct 1969 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 4.744 Jun 2025 quarterly Dec 2007 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 3.1 Sep 2025 monthly Jan 2000 - Sep 2025
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 115,289.651 Oct 2025 monthly Dec 1998 - Oct 2025
Total Deposits Growth (%) 5.9 Oct 2025 monthly Dec 1999 - Oct 2025
Domestic Credit (USD mn) 65,123.3 Oct 2025 monthly Dec 2001 - Oct 2025
Domestic Credit Growth (%) 1.6 Oct 2025 monthly Dec 2002 - Oct 2025
Household Debt (USD mn) 33,838.9 Oct 2025 monthly Oct 2005 - Oct 2025
Total Loans (USD mn) 102,246.063 Oct 2025 monthly Dec 1998 - Oct 2025
Total Loans Growth (%) 5.29 Oct 2025 monthly Dec 1999 - Oct 2025
Private Debt: % of Nominal GDP (%) 68.25 Jun 2025 quarterly Dec 2007 - Jun 2025
Money Supply: M3 (PAB mn) 45,621.300 Sep 2025 monthly Dec 2002 - Sep 2025
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,436.337 Oct 2025 monthly Dec 2002 - Oct 2025

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