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20 Balboas Reversion of the Panama Canal
| Issuer | Panama |
|---|---|
| Year | 2016 |
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| Currency | Balboa (1904-date) |
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| Reverse description | Central field depicts a commemorative scene of Panamanian citizens celebrating the 1999 reversion of the Panama Canal, shown as a crowd of jubilant figures raising their arms before a large neoclassical building, above which a gold-selectively-plated Panamanian national flag flies atop a flagpole. The design is rendered in frosted relief against a mirror-polished field. The gold-plated legend VEINTE BALBOAS arcs along the upper periphery, while the inscription 1999 REVERSIÓN DEL CANAL DE PANAMÁ curves along the lower border. |
| Reverse script | Latin |
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| Additional information |
Panama's 1977 treaties with the United States — negotiated under the Carter administration after decades of Panamanian pressure, riots in 1964 that killed over twenty people, and the eventual severing of diplomatic relations — set a phased handover that concluded at noon on December 31, 1999. The canal transferred fully to Panamanian authority under President Mireya Moscoso, who refused to invite U.S. officials to the ceremony. This 2016 issue marks that handover at roughly the midpoint between the transfer and the canal's centennial expansion, which opened the same year to accommodate post-Panamax vessels.