Panamanian dollars (dól) are the official currency of Panama.
It says here that dól is the only panamanian currency that has ever existed. The dól is a paper note that can be exchanged for goods and services. But it’s also the only panamanian currency with a fixed exchange rate, meaning that you can’t change it without giving up some of your money. And it’s not exactly the most popular of the panamanian currencies.
The Panama Papers show an enormous amount of corruption in the Panamanian government. We will probably never know exactly who’s behind it all. But what we do know is that the government uses Panama Dollars to pay taxes, to buy things like weapons, and to purchase goods and services. In exchange for these taxes and purchases, the government basically pays the Panamanian citizens to do the dirty work.
In the old days there was a currency called Panamanian Peso which was used to buy things like food and drink. With the rise of globalization in the 21st century, the Panamanian Peso has been replaced by the Panamanian Dollar.
For a government that doesn’t want to be seen as a money changer, Panama Dollars are often used to buy drugs, weapons, and other illicit goods. Panama’s government is a major user of the currency, and the Panamanian Dollar has been used as a unit of account for the island’s entire economy for decades.
A Panamanian Peso is worth about $6.80, and a Panamanian Dollar is worth $1.70.
So how does this all tie in with our current financial crisis? I mean, it’s not really that surprising, given the fact that the Panamanian government has been using dollars as a currency for over a decade. But what is surprising is the fact that our government is now using this same currency in a crisis situation. They are doing it to show that their government is not a money changer. But what they are doing is not all that different from the people in Venezuela.
The fact that our government is using the same currency in a crisis situation does not mean they are actually using this currency. The only thing that really matters is how it makes us feel.
The people of Panama are probably not happy with our government’s actions, but if we don’t know they are using the same currency they are using, we shouldn’t be surprised. Because we are all pretty much living in a country that uses the same currency as everyone else.
Panamanians are probably not happy with our government, but if we dont know they are using the same currency as everyone else, we shouldnt be surprised. Because we are all pretty much living in a country that uses the same currency as everyone else.
