Panama is a transcontinental country situated between North and South America.
Official language: Spanish
Many citizens speaks also English.
Climate: tropical (the average annual temperature is 26-28 degrees)
Population: about 3.5 million
The Balboa (PAB) is one of the official currencies of Panama, along with the US Dollar (USD).
The Balboa is equivalent to 100 cents. Balboa occurs only in coins.
As bills are used USD banknotes.
The most characteristic thing in Panama is a waterway called „Canal de Panamá” which connects the two oceans and can shorten the sea route to the opposite coast of America.