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5 Centésimos Republic
| Issuer | Panama |
|---|---|
| Year | 1978 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Balboa (1904-date) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Log in to see details |
| Orientation | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Edge | Log in to see details |
| Mint | Franklin Mint |
| Mintage | Log in to see details |
| Additional information |
Panama's coinage has long been entangled with U.S. monetary policy — the Balboa was pegged 1:1 to the dollar at its 1904 introduction and has remained so ever since, meaning Panamanian coins circulate alongside U.S. currency rather than replacing it. By 1978, the country was in the final stretch of negotiations over the torrijos-Carter Treaties, signed the previous year, which set the timetable for Canal Zone transfer. Domestic coinage production during this period carried pointed political weight.