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The Bermudian Dollar (BMD) is the official currency of Bermuda, pegged to the US dollar at a one-to-one exchange rate. It is used primarily for all transactions within the territory and is accepted in various forms, including coins and banknotes.
The Panamanian Balboa (PAB) is the official currency of Panama, named after the Spanish explorer Vasco NĂșñez de Balboa. It is pegged to the US dollar at a one-to-one exchange rate, which means that both currencies circulate freely in the country, making transactions convenient for both locals and tourists.