BITX
PAB
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of BitX Exchange(BITX) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 BITX at a value of 1 BITX for 0.00 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.
Bitget crypto-to-fiat exchange data shows that the most popular BitX Exchange currency pair is the BITX to PAB, with for BitX Exchange's currency code being BITX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
BITX to PAB conversion rate trend
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In the past 1D, BitX Exchange has changed -3.03% to PAB. Based on the trend and price charts, BitX Exchange(BITX) has changed -3.03% to PAB while Panamanian Balboa(PAB) has changed % to BITX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{11}1629 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/29 08:35:03(UTC+0)
How to buy BitX Exchange
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy BitX Exchange (BITX)
Use a variety of payment options to buy BitX Exchange on Bitget. We'll show you how.
Buy BITX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of BITX with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BITX with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell BITX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of BITX to PAB. However, you can first exchange BITX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of BitX Exchange to Panamanian Balboa?
BitX Exchange to Panamanian Balboa is falling this week.BitX Exchange's current market price is B/. 0.{11}1629 per BITX, with a total market cap of B/. 0 PAB based on a circulating supply of -- BITX. The trading volume of BitX Exchange has changed by -25.79% (B/. -0.36 PAB) in the last 24 hours. Last trading day, BITX's trading volume was B/. 1.41.
Market cap
$0
24h volume
$1.04940699
Circulating supply
0 BITX
Conversion tables
The exchange rate of BitX Exchange is decreasing.1 BITX is currently valued at B/. 0.{11}1629 PAB , which means buying 5 BITX will cost B/. 0.{11}8147 PAB . Similarly, B/.1 PAB can be traded for 613,722,842,764.21 BITX, and B/.50 PAB can be converted to 30,686,142,138,210.39 BITX, excluding any platform or gas fees.
The exchange rate of 1 BITX to Panamanian Balboa has changed by -3.24% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.03%, reaching a high of 0.{11}1844 PAB and a low of 0.{11}1785 PAB . One month ago, the value of 1 BITX was B/. 0.{11}1683 PAB , which represents a -2.92% change from its current value. Over the last year, BitX Exchange has changed by , resulting in a change of 0.00% in its value.
+B/.
0.{12}7885PABBITX to PAB
Amount
13:17 today
0.5 BITX
B/.0.{12}8147
1 BITX
B/.0.{11}1629
5 BITX
B/.0.{11}8147
10 BITX
B/.0.{10}1629
50 BITX
B/.0.{10}8147
100 BITX
B/.0.{9}1629
500 BITX
B/.0.{9}8147
1000 BITX
B/.0.{8}1629
PAB to BITX
Amount13:17 today
0.5PAB306,861,421,382.1 BITX
1PAB613,722,842,764.21 BITX
5PAB3,068,614,213,821.04 BITX
10PAB6,137,228,427,642.08 BITX
50PAB30,686,142,138,210.39 BITX
100PAB61,372,284,276,420.77 BITX
500PAB306,861,421,382,103.9 BITX
1000PAB613,722,842,764,207.8 BITX
Today vs. 24 hours ago
| Amount | 13:17 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BITX | $0.{12}8147 | $0.{12}8427 | -3.03% |
| 1 BITX | $0.{11}1629 | $0.{11}1685 | -3.03% |
| 5 BITX | $0.{11}8147 | $0.{11}8426 | -3.03% |
| 10 BITX | $0.{10}1629 | $0.{10}1685 | -3.03% |
| 50 BITX | $0.{10}8147 | $0.{10}8426 | -3.03% |
| 100 BITX | $0.{9}1629 | $0.{9}1685 | -3.03% |
| 500 BITX | $0.{9}8147 | $0.{9}8426 | -3.03% |
| 1000 BITX | $0.{8}1629 | $0.{8}1685 | -3.03% |
Today vs. 1 month ago
| Amount | 13:17 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BITX | $0.{12}8147 | $0.{12}8416 | -2.92% |
| 1 BITX | $0.{11}1629 | $0.{11}1683 | -2.92% |
| 5 BITX | $0.{11}8147 | $0.{11}8416 | -2.92% |
| 10 BITX | $0.{10}1629 | $0.{10}1683 | -2.92% |
| 50 BITX | $0.{10}8147 | $0.{10}8416 | -2.92% |
| 100 BITX | $0.{9}1629 | $0.{9}1683 | -2.92% |
| 500 BITX | $0.{9}8147 | $0.{9}8416 | -2.92% |
| 1000 BITX | $0.{8}1629 | $0.{8}1683 | -2.92% |
Today vs. 1 year ago
| Amount | 13:17 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BITX | $0.{12}8147 | $-0.{13}7955 | 0.00% |
| 1 BITX | $0.{11}1629 | $-0.{12}1591 | 0.00% |
| 5 BITX | $0.{11}8147 | $-0.{12}7955 | 0.00% |
| 10 BITX | $0.{10}1629 | $-0.{11}1591 | 0.00% |
| 50 BITX | $0.{10}8147 | $-0.{11}7955 | 0.00% |
| 100 BITX | $0.{9}1629 | $-0.{10}1591 | 0.00% |
| 500 BITX | $0.{9}8147 | $-0.{10}7955 | 0.00% |
| 1000 BITX | $0.{8}1629 | $-0.{9}1591 | 0.00% |
BitX Exchange price prediction
What will the price of BITX be in 2025?
Based on BITX's historical price performance prediction model, the price of BITX is projected to reach $0.{11}1799 in 2025.
What will the price of BITX be in 2030?
In 2030, the BITX price is expected to change by -20.00%. By the end of 2030, the BITX price is projected to reach $0.{11}3098, with a cumulative ROI of +90.16%.
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Popular BitX Exchange conversions
Check out these popular currency conversions of BitX Exchange to several fiat currencies.
BitX Exchange to USD
1 BITX to $ 0.{11}1629 USD
BitX Exchange to GBP
1 BITX to £ 0.{11}1283 GBP
BitX Exchange to EUR
1 BITX to € 0.{11}1543 EUR
BitX Exchange to KRW
1 BITX to ₩ 0.{8}2277 KRW
BitX Exchange to CAD
1 BITX to $ 0.{11}2283 CAD
BitX Exchange to AUD
1 BITX to $ 0.{11}2506 AUD
BitX Exchange to JPY
1 BITX to ¥ 0.{9}2447 JPY
BitX Exchange to BRL
1 BITX to R$ 0.{11}9927 BRL
BitX Exchange to CNY
1 BITX to ¥ 0.{10}1180 CNY
BitX Exchange to TWD
1 BITX to NT$ 0.{10}5293 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in BitX Exchange.
THENA to PAB
1 THE to B/. 3.02 PAB
just a flipped chillguy to PAB
1 FLIPGUY to B/. -- PAB
Shieldeum to PAB
1 SDM to B/. -- PAB
Bitcoin to PAB
1 BTC to B/. 97,055.24 PAB
Solana to PAB
1 SOL to B/. 243.32 PAB
SolarX to PAB
1 SXCH to B/. 0.03381 PAB
XRP to PAB
1 XRP to B/. 1.67 PAB
Just a chill guy to PAB
1 CHILLGUY to B/. 0.4666 PAB
Artificial Superintelligence Alliance to PAB
1 FET to B/. 1.63 PAB
Ethereum to PAB
1 ETH to B/. 3,614.03 PAB
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between BitX Exchange and PAB.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as BitX Exchange and PAB. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of BitX Exchange in PAB, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
