Canada vs Panama: Official exchange rate

Canada

1.4 LCU per US$, period average

in 2025

Panama

1 LCU per US$, period average

in 2025

Canada rank

158th

Panama rank

161st

Official exchange rate over time

Canada
Panama

How they compare

Canada currently reports 1.4 LCU per US$, period average against 1 LCU per US$, period average in Panama, a difference of 0.3981 LCU per US$, period average.

That makes Canada's figure about 1.4 times Panama's.

The two have swapped places 9 times across 66 shared years of data; in 1960 it was Panama ahead.

Globally, Canada ranks 158th and Panama ranks 161st of 214 countries.

Individual pages

About this data

Indicator: Official exchange rate (LCU per US$, period average)
Unit: LCU per US$, period average
Source: International Financial Statistics database, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 215 places, 12,630 data points, 1960–2025
Last refreshed: 06 August 2026

Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.