noun
balboa
bal-BOH-uh
noun
1
Panama's official currency, split into 100 centésimos and pegged 1:1 with the US dollar.
"Prices in Panama City are often shown in both balboas and dollars."
"He paid the taxi fare in balboa coins."
How to Use Balboa
Learner’s notesIn plain EnglishThe unit of money used in Panama, worth the same as one US dollar.
Common pairings
paid in balboas
the Panamanian balboa
Word Forms
balboas plural, Balboas plural
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Prices in Panama City are often shown in both _____ and dollars.
Etymology
Named after the Spanish explorer Vasco Núñez de Balboa, who led the first European expedition to reach the Pacific from the Americas.