Panama, paid in JPY.
A skyline, a canal and two oceans, all in US dollars.
Slightly pricier. Exchange rate alone: −3.5%. Local prices: +1.5%.
- Lean
- ¥7,297
- Comfort
- ¥35,700
The short answerIn JPY, as of November 12, 2026
Panama: as of November 12, 2026, 2.9% more expensive than a year ago for travelers paid in JPY (Japanese yen), after adjusting for inflation at home and there. The exchange rate on its own moved −3.5%, and prices in the country rose +1.5%. A mid-range day costs about ¥16,200 per person, excluding international flights. Across the 17 currencies we track, AUD gained the most ground there (+7.0%) and SEK did worst (−5.7%).
What JPY buys there
30 monthsSame trip, different wallets
The real 12-month change for this one country, by the currency you earn. The spread is the part of the story that has nothing to do with the destination.
- Australian dollarA$148+7.0%
- Norwegian kronekr 971+6.9%
- South African randR 1,686+6.0%
- British pound£77+2.7%
- UAE dirhamAED 373+2.5%
- Singapore dollarS$130+1.9%
- Mexican pesoMX$1,890+0.6%
- New Zealand dollarNZ$183+0.5%
- Canadian dollarC$145−0.5%
- Hong Kong dollarHK$795−0.6%
- Indian rupee₹9,508−2.6%
- Brazilian realR$566−2.8%
- Japanese yen¥16,200−2.9%
- Euro€92−3.0%
- Danish kronekr 685−4.1%
- Swiss francCHF 84−4.7%
- Swedish kronakr 1,013−5.7%
Booking a trip: Panama
Partner links- FlightsKiwi.com ↗Compare fares across airlines, including the low-cost carriers that booking sites often leave out.
- Places to stayBooking.com ↗Hotels, guesthouses and apartments, most with free cancellation.
- Mobile dataAiralo ↗An eSIM you install before you land, usually far cheaper than roaming.
- Travel medical insuranceSafetyWing ↗Worth having here: serious care may mean evacuation to another country.
- Tours and ticketsGetYourGuide ↗Day trips, guides and entry tickets, bookable ahead with free cancellation on most.
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