Panama
Did you know that the country, which connects South and Central America, uses US dollars since 1904? In the same year, the country became independent of Colombia, and the United States gained the right to build the channel.
While it is no surprise that the U.S. dollar is the official currency of the United States, it may surprise some that the dollar is also the official currency of a host of U.S. territories and sovereign nations around the world. In addition, it’s the quasi-official currency of many other nations that commonly accept U.S. dollars in addition to a local currency. Let us take a look at the places where the U.S. dollar is usually accepted for payment.
