BONFIRE
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 Bonfire(BONFIRE) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 BONFIRE at a value of 1 BONFIRE 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 Bonfire currency pair is the BONFIRE to PAB, with for Bonfire's currency code being BONFIRE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
BONFIRE to PAB conversion rate trend
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In the past 1D, Bonfire has changed -2.60% to PAB. Based on the trend and price charts, Bonfire(BONFIRE) has changed -2.60% to PAB while Panamanian Balboa(PAB) has changed % to BONFIRE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{8}9994 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/19 16:33:32(UTC+0)
How to buy Bonfire
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Bonfire (BONFIRE)
Use a variety of payment options to buy Bonfire on Bitget. We'll show you how.
Buy BONFIRE (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of BONFIRE with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BONFIRE 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 BONFIRE (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of BONFIRE to PAB. However, you can first exchange BONFIRE 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 Bonfire to Panamanian Balboa?
Bonfire to Panamanian Balboa is falling this week.Bonfire's current market price is B/. 0.{8}9748 per BONFIRE, with a total market cap of B/. 0 PAB based on a circulating supply of -- BONFIRE. The trading volume of Bonfire has changed by +280.15% (B/. 3,237.02 PAB) in the last 24 hours. Last trading day, BONFIRE's trading volume was B/. 1,155.46.
Market cap
$0
24h volume
$4.39K
Circulating supply
0 BONFIRE
Conversion tables
The exchange rate of Bonfire is increasing.1 BONFIRE is currently valued at B/. 0.{8}9748 PAB , which means buying 5 BONFIRE will cost B/. 0.{7}4874 PAB . Similarly, B/.1 PAB can be traded for 102,583,272.48 BONFIRE, and B/.50 PAB can be converted to 5,129,163,624.22 BONFIRE, excluding any platform or gas fees.
The exchange rate of 1 BONFIRE to Panamanian Balboa has changed by -6.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.60%, reaching a high of 0.{7}1024 PAB and a low of 0.{8}9512 PAB . One month ago, the value of 1 BONFIRE was B/. 0.{8}9129 PAB , which represents a +6.78% change from its current value. Over the last year, Bonfire has changed by , resulting in a change of +139.50% in its value.
+B/.
0.{9}6780PABBONFIRE to PAB
Amount
00:01 am today
0.5 BONFIRE
B/.0.{8}4874
1 BONFIRE
B/.0.{8}9748
5 BONFIRE
B/.0.{7}4874
10 BONFIRE
B/.0.{7}9748
50 BONFIRE
B/.0.{6}4874
100 BONFIRE
B/.0.{6}9748
500 BONFIRE
B/.0.{5}4874
1000 BONFIRE
B/.0.{5}9748
PAB to BONFIRE
Amount00:01 am today
0.5PAB51,291,636.24 BONFIRE
1PAB102,583,272.48 BONFIRE
5PAB512,916,362.42 BONFIRE
10PAB1,025,832,724.84 BONFIRE
50PAB5,129,163,624.22 BONFIRE
100PAB10,258,327,248.44 BONFIRE
500PAB51,291,636,242.18 BONFIRE
1000PAB102,583,272,484.36 BONFIRE
Today vs. 24 hours ago
| Amount | 00:01 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BONFIRE | $0.{8}4874 | $0.{8}5004 | -2.60% |
| 1 BONFIRE | $0.{8}9748 | $0.{7}1001 | -2.60% |
| 5 BONFIRE | $0.{7}4874 | $0.{7}5004 | -2.60% |
| 10 BONFIRE | $0.{7}9748 | $0.{6}1001 | -2.60% |
| 50 BONFIRE | $0.{6}4874 | $0.{6}5004 | -2.60% |
| 100 BONFIRE | $0.{6}9748 | $0.{5}1001 | -2.60% |
| 500 BONFIRE | $0.{5}4874 | $0.{5}5004 | -2.60% |
| 1000 BONFIRE | $0.{5}9748 | $0.{4}1001 | -2.60% |
Today vs. 1 month ago
| Amount | 00:01 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BONFIRE | $0.{8}4874 | $0.{8}4565 | +6.78% |
| 1 BONFIRE | $0.{8}9748 | $0.{8}9129 | +6.78% |
| 5 BONFIRE | $0.{7}4874 | $0.{7}4565 | +6.78% |
| 10 BONFIRE | $0.{7}9748 | $0.{7}9129 | +6.78% |
| 50 BONFIRE | $0.{6}4874 | $0.{6}4565 | +6.78% |
| 100 BONFIRE | $0.{6}9748 | $0.{6}9129 | +6.78% |
| 500 BONFIRE | $0.{5}4874 | $0.{5}4565 | +6.78% |
| 1000 BONFIRE | $0.{5}9748 | $0.{5}9129 | +6.78% |
Today vs. 1 year ago
| Amount | 00:01 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BONFIRE | $0.{8}4874 | $0.{8}2035 | +139.50% |
| 1 BONFIRE | $0.{8}9748 | $0.{8}4070 | +139.50% |
| 5 BONFIRE | $0.{7}4874 | $0.{7}2035 | +139.50% |
| 10 BONFIRE | $0.{7}9748 | $0.{7}4070 | +139.50% |
| 50 BONFIRE | $0.{6}4874 | $0.{6}2035 | +139.50% |
| 100 BONFIRE | $0.{6}9748 | $0.{6}4070 | +139.50% |
| 500 BONFIRE | $0.{5}4874 | $0.{5}2035 | +139.50% |
| 1000 BONFIRE | $0.{5}9748 | $0.{5}4070 | +139.50% |
Bonfire price prediction
What will the price of BONFIRE be in 2025?
Based on BONFIRE's historical price performance prediction model, the price of BONFIRE is projected to reach $0.{7}1084 in 2025.
What will the price of BONFIRE be in 2030?
In 2030, the BONFIRE price is expected to change by -7.00%. By the end of 2030, the BONFIRE price is projected to reach $0.{8}9040, with a cumulative ROI of -13.05%.
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Popular Bonfire conversions
Check out these popular currency conversions of Bonfire to several fiat currencies.
Bonfire to USD
1 BONFIRE to $ 0.{8}9748 USD
Bonfire to GBP
1 BONFIRE to £ 0.{8}7796 GBP
Bonfire to EUR
1 BONFIRE to € 0.{8}9405 EUR
Bonfire to KRW
1 BONFIRE to ₩ 0.{4}1410 KRW
Bonfire to CAD
1 BONFIRE to $ 0.{7}1404 CAD
Bonfire to AUD
1 BONFIRE to $ 0.{7}1562 AUD
Bonfire to JPY
1 BONFIRE to ¥ 0.{5}1534 JPY
Bonfire to BRL
1 BONFIRE to R$ 0.{7}5999 BRL
Bonfire to CNY
1 BONFIRE to ¥ 0.{7}7122 CNY
Bonfire to TWD
1 BONFIRE to NT$ 0.{6}3183 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Bonfire.
Bitcoin to PAB
1 BTC to B/. 97,622.7 PAB
Ethereum to PAB
1 ETH to B/. 3,419.38 PAB
XRP to PAB
1 XRP to B/. 2.25 PAB
Dogecoin to PAB
1 DOGE to B/. 0.3151 PAB
Solana to PAB
1 SOL to B/. 194.35 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}1710 PAB
Sui to PAB
1 SUI to B/. 4.08 PAB
Movement to PAB
1 MOVE to B/. 0.7444 PAB
Cardano to PAB
1 ADA to B/. 0.8856 PAB
Shiba Inu to PAB
1 SHIB to B/. 0.{4}2163 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 Bonfire 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 Bonfire 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 Bonfire 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.
