| |
| | Balboa (currency) (Site not responding. Last check: 2007-11-05) |
 | | Named in honor of Spanish explorer / conquistador Vasco Núñez de Balboa, the balboa is theofficial currency of Panama. |
 | | The balboa has been tied to the U.S. dollar (which is legal tender in Panama) at an exchange rate of 1:1 since 1903, and balboas can be exchanged for U.S.dollars in Panama at any time at a 1:1 ratio. |
 | | The balboa is divided into 100 centésimos; modern 1, 5, 10, 25, and 50centésimo coins are the same weight, dimensions, and metallic composition as the U.S. penny, nickel, dime, quarter, and half-dollar respectively. |
| www.therfcc.org /balboa-currency--71599.html (108 words) |
|