has panama returned to the u.s. dollar.

Answer 1

Yes, Panama has used the U.S. dollar as its official currency alongside the Panamanian balboa since 1904. The balboa is pegged to the U.S. dollar at a 1:1 ratio, but U.S. dollars are more commonly used for transactions in the country. Therefore, Panama has not "returned" to the U.S. dollar; it has been using it as an integral part of its economy for over a century.