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Panama



About Panama


Panama is one of the fastest growing tourism destinations in Latin America. Panama is gaining the lime light as a premier destination for eco tourism, retirement and for its cosmopolitan lifestyle. The greatest asset of Panama is its diversity of activities, which make it absolutely worth a visit.

Geography

The southernmost of the Central American nations, Panama is south of Costa Rica and north of Colombia. The Panama Canal bisects the isthmus at its narrowest and lowest point, allowing passage from the Caribbean Sea to the Pacific Ocean. Panama is slightly smaller than South Carolina. It is marked by a chain of mountains in the west, moderate hills in the interior, and a low range on the east coast. There are extensive forests in the fertile Caribbean area.

History

Explored by Columbus in 1502 and by Balboa in 1513, Panama was the principal shipping point to and from South and Central America in colonial days. In 1821, when Central America revolted against Spain, Panama joined Colombia, which had already declared its independence. For the next 82 years, Panama attempted unsuccessfully to break away from Colombia. Between 1850 and 1900 Panama had 40 administrations, 50 riots, 5 attempted secessions, and 13 U.S. interventions. After a U.S. proposal for canal rights over the narrow isthmus was rejected by Colombia, Panama proclaimed its independence with U.S. backing in 1903.

Language

Spanish is the official language. English is widely spoken in business, banking, retail and international communities and tourist related business.

Currancy

The currency is the "Balboa" which is the same value as the US dollar. The US dollar is legal tender in Panama, which doesn't print bank notes ( US dollar notes are used ) but only mint its own coins.

Climate

Panama has a tropical climate. Temperatures are around 80 - 90 degrees Fahrenheit ( 25 - 30 Celsius ) and humidity is always high. There are only two seasons, the dry season from December to April and the rainy season from May to the end of the year.

Timezone
Panama is in Eastern Standard Time Zone ( five hours behind GMT )

Quick Facts

Population: Around 3 million.
Political System: A democratic independent republic.
Highest point: Volcan Baru 3475 m.
Bordering countries: Colombia and Costa Rica.


Weather


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