Panamanian Balboa

M2 money supply, indexed to 2001 = 100

Every line goes up — that’s the point. Angle of attack tells the story.

All series matched through 2008; some central-bank sources lag a year or two.

Log scale

USDEURJPYGBPCNYCHFCADAUDINRBRLPAB

PAB highlighted against the top 10 reserve currencies — M2 broad money, indexed to 2001 = 100. PAB series: IMF IFS via DBnomics, as of 2008.

Panamanian Balboa M2 money supply

Broad money in PAB (cash + deposits + close substitutes), annual back to ~1960 via World Bank FM.LBL.BMNY.CN. Log scale auto-engages for hyperinflation outliers.

1 data points · monthly granularityLog scale

Panamanian Balboa inflation history

Annual CPI YoY since 1966 — World Bank consumer price index for Panama. Inflation volatility is one of three inputs into the Money2069 sound-money score.

Frequently asked questions

Who issues the Panamanian Balboa?+

The Panamanian Balboa (PAB) is issued by Banco Nacional de Panamá. As the monetary authority for Panama, it sets policy interest rates, manages foreign reserves, and controls the money supply.

What is the inflation rate of the Panamanian Balboa?+

Latest available consumer price inflation for the Panamanian Balboa: -0.19% YoY (2025). Source: World Bank annual series (FP.CPI.TOTL.ZG). Daily-refreshed historical chart on this page.

Has the Panamanian Balboa been debased?+

Every fiat currency loses purchasing power over time as central banks expand the money supply. broad-money data is being added in our next release. Combined with cumulative inflation, this is the gap between PAB as accounting unit and PAB as a store of value.

Is the Panamanian Balboa sound money?+

On the Money2069 0–100 sound-money scale, the Panamanian Balboa currently scores 98.7. The score weights inflation volatility, 10-year money-supply growth, and 1-year FX stability. Higher = closer to sound. No fiat scores 100 because no fiat has zero issuance.

How does the Panamanian Balboa compare to gold or the US dollar?+

Use the table on the listing page to sort all 138 tracked currencies by inflation, 10-year M2 change, or M69 score. Pegged currencies (USD-pegged dirham, riyal, etc.) inherit the dollar's debasement profile; floating currencies tell their own story.

How often is this data updated?+

We pull fresh exchange rates daily from Frankfurter (ECB-sourced), with Exchange Rate API covering currencies the ECB doesn't quote, and refresh the inflation series from the World Bank. The page is statically rendered with 24-hour ISR. Source data is publicly accessible via our /api/v1/currencies endpoints.

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