This market will resolve based on the highest temperature recorded in the 'Daily Observations' table on Weather Underground, not the figure displayed in the 'Day High & Low' summary section; in the event of any discrepancy between the two, the Daily Observations table shall be the primary resolution source not the Day High & Low section. This market will resolve to the temperature range that contains the highest temperature recorded at the Marcos A. Gelabert Intl Airport Station in degrees Celsius on 16 Aug '26. The resolution source for this market will be information from Wunderground, specifically the highest temperature recorded for all times on this day for the Marcos A. Gelabert Intl Airport Station, available here: https://www.wunderground.com/history/daily/pa/panama-city/MPMG. To toggle between Fahrenheit and Celsius, click the gear icon next to the search bar and switch the Temperature setting between °F and °C. This market can not resolve until the first data point for the following date has been published on the resolution source. The resolution source for this market measures temperatures to whole degrees Celsius (eg, 9°C). Thus, this is the level of precision that will be used when resolving the market. Revisions to temperatures recorded within this market's timeframe will be considered until the first datapoint for the following date has been published, after which any alterations will not be considered.
Traders assign overwhelming 92% implied probability to a 31°C high in Panama City, Panama, on August 16, reflecting stable climatological patterns and recent forecast consensus from regional models. Panama City’s wet-season August averages place daily maxima near 30–32°C under high humidity and frequent afternoon convection that limits extreme heating. Official monitoring shows no significant departures from these baselines in the latest runs, with typical steering patterns and cloud cover keeping peaks from exceeding 31°C. The narrow distribution around this value stems from consistent observational data and the low likelihood of clear-sky anomalies or measurement discrepancies at primary stations. A sudden suppression of cloud cover or revised model output showing stronger subsidence could still shift the outcome modestly higher, though such changes remain uncommon this late in the day.