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Arcana Network to Panamanian Balboa Converter and calculator

Convert 1Arcana Network (XAR) to Panamanian Balboa (PAB) equals B/. 0.01753 | Bitget
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Last updated 2024/12/18 23:54:39 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Arcana Network(XAR) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 XAR at a value of 1 XAR for 0.02 PAB . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

PAB information

About Panamanian Balboa (PAB)

The Panamanian Balboa (PAB), introduced in 1904, stands as a unique symbol of Panama's economic history and its close ties with the global economy. It is commonly abbreviated as PAB and represented by the symbol B/. Named after the Spanish explorer Vasco Núñez de Balboa, the currency reflects Panama's strategic role as a global trade hub and its historical linkages with the United States.

Historical Background

The adoption of the Balboa marked a significant chapter in Panama’s financial history, coinciding with the country's independence from Colombia and the beginning of the Panama Canal construction. The Balboa was pegged to the US Dollar at par from its inception, reflecting the economic and political relationship between Panama and the United States, a connection that has remained pivotal to Panama’s monetary policy.

Design and Symbolism

The design of the Panamanian Balboa features iconic national symbols, historical figures, and landmarks that narrate Panama’s rich cultural heritage. Coins bear the image of Vasco Núñez de Balboa, honoring the explorer who influenced Panama's early history. These designs are more than just transactional tools; they resonate with national pride and historical awareness.

Economic Role

As Panama does not issue its own paper currency and uses the US Dollar for all paper money transactions, the Balboa exists primarily in coinage. This unique monetary system underpins Panama's service-based economy, which includes finance, tourism, and the famous Panama Canal. The Balboa’s stability, thanks to its peg to the US Dollar, is crucial for the country’s financial system and economic activities.

Monetary Policy and Stability

The monetary arrangement of using the US Dollar alongside the Balboa coins ensures economic stability, but it also means Panama does not have its own independent monetary policy. This system provides stability and confidence, attracting foreign investment, particularly in the banking and service sectors.

International Trade and the Panamanian Balboa

Given Panama's strategic location and the significance of the Panama Canal, the stability of the Balboa (and its parity with the US Dollar) is crucial in international trade. This stability facilitates the country’s role as a global logistics and trade hub.

Remittances and Economic Impact

Remittances play a significant role in Panama’s economy, with inflows from Panamanians working abroad, especially in the United States. These remittances, converted into Balboas and Dollars, support household incomes and contribute to economic stability.

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Bitget crypto-to-fiat exchange data shows that the most popular Arcana Network currency pair is the XAR to PAB, with for Arcana Network's currency code being XAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

XAR to PAB conversion rate trend

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Live Arcana Network (XAR) price chart
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In the past 1D, Arcana Network has changed -2.75% to PAB. Based on the trend and price charts, Arcana Network(XAR) has changed -2.75% to PAB while Panamanian Balboa(PAB) has changed +2.83% to XAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
B/.0.01816
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
B/.0.01815
0.1000% / 0.1000%
Yes
Bybit
B/.0.01816
0.1000% / 0.1000%
Yes
Last updated 2024/12/18 16:00:16(UTC+0)

How to buy Arcana Network

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Buy Arcana Network (XAR)
Use a variety of payment options to buy Arcana Network on Bitget. We'll show you how.

Buy XAR (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading does not currently support direct buying of XAR with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy XAR with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell XAR (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading currently does not support direct selling of XAR to PAB. However, you can first exchange XAR for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Arcana Network to Panamanian Balboa?

Arcana Network to Panamanian Balboa is falling this week.
Arcana Network's current market price is B/. 0.01753 per XAR, with a total market cap of B/. 1,325,797.01 PAB based on a circulating supply of 75,620,700 XAR. The trading volume of Arcana Network has changed by +44.43% (B/. 65,802.62 PAB) in the last 24 hours. Last trading day, XAR's trading volume was B/. 148,106.69.
Market cap
$1.33M
24h volume
$213.91K
Circulating supply
75.62M XAR

Conversion tables

The exchange rate of Arcana Network is decreasing.
1 XAR is currently valued at B/. 0.01753 PAB , which means buying 5 XAR will cost B/. 0.08766 PAB . Similarly, B/.1 PAB can be traded for 57.04 XAR, and B/.50 PAB can be converted to 2,851.9 XAR, excluding any platform or gas fees.
The exchange rate of 1 XAR to Panamanian Balboa has changed by -6.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.75%, reaching a high of 0.01887 PAB and a low of 0.01704 PAB . One month ago, the value of 1 XAR was B/. 0.01831 PAB , which represents a -4.27% change from its current value. Over the last year, Arcana Network has changed by
-B/.
0.4726PAB
, resulting in a change of -96.42% in its value.

XAR to PAB

Amount
23:54 today
0.5 XAR
B/.0.008766
1 XAR
B/.0.01753
5 XAR
B/.0.08766
10 XAR
B/.0.1753
50 XAR
B/.0.8766
100 XAR
B/.1.75
500 XAR
B/.8.77
1000 XAR
B/.17.53

PAB to XAR

Amount23:54 today
0.5PAB28.52  XAR
1PAB57.04  XAR
5PAB285.19  XAR
10PAB570.38  XAR
50PAB2,851.9  XAR
100PAB5,703.79  XAR
500PAB28,518.96  XAR
1000PAB57,037.92  XAR

Today vs. 24 hours ago

Amount23:54 today24 hours ago24h change
0.5 XAR$0.008766$0.009014
-2.75%
1 XAR$0.01753$0.01803
-2.75%
5 XAR$0.08766$0.09014
-2.75%
10 XAR$0.1753$0.1803
-2.75%
50 XAR$0.8766$0.9014
-2.75%
100 XAR$1.75$1.8
-2.75%
500 XAR$8.77$9.01
-2.75%
1000 XAR$17.53$18.03
-2.75%

Today vs. 1 month ago

Amount23:54 today1 month ago1M change
0.5 XAR$0.008766$0.009157
-4.27%
1 XAR$0.01753$0.01831
-4.27%
5 XAR$0.08766$0.09157
-4.27%
10 XAR$0.1753$0.1831
-4.27%
50 XAR$0.8766$0.9157
-4.27%
100 XAR$1.75$1.83
-4.27%
500 XAR$8.77$9.16
-4.27%
1000 XAR$17.53$18.31
-4.27%

Today vs. 1 year ago

Amount23:54 today1 year ago1Y change
0.5 XAR$0.008766$0.2451
-96.42%
1 XAR$0.01753$0.4901
-96.42%
5 XAR$0.08766$2.45
-96.42%
10 XAR$0.1753$4.9
-96.42%
50 XAR$0.8766$24.51
-96.42%
100 XAR$1.75$49.01
-96.42%
500 XAR$8.77$245.07
-96.42%
1000 XAR$17.53$490.14
-96.42%

Arcana Network price prediction

What will the price of XAR be in 2025?

Based on XAR's historical price performance prediction model, the price of XAR is projected to reach $0.08042 in 2025.

What will the price of XAR be in 2030?

In 2030, the XAR price is expected to change by -1.00%. By the end of 2030, the XAR price is projected to reach $0.1566, with a cumulative ROI of +771.57%.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.