FREED
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 FreedomCoin(FREED) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 FREED at a value of 1 FREED for 0.04 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 FreedomCoin currency pair is the FREED to PAB, with for FreedomCoin's currency code being FREED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
FREED to PAB conversion rate trend
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In the past 1D, FreedomCoin has changed +1.37% to PAB. Based on the trend and price charts, FreedomCoin(FREED) has changed +1.37% to PAB while Panamanian Balboa(PAB) has changed % to FREED in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.03711 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/26 16:31:29(UTC+0)
How to buy FreedomCoin
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy FreedomCoin (FREED)
Use a variety of payment options to buy FreedomCoin on Bitget. We'll show you how.
Buy FREED (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of FREED with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy FREED 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 FREED (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of FREED to PAB. However, you can first exchange FREED 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 FreedomCoin to Panamanian Balboa?
FreedomCoin to Panamanian Balboa is falling this week.FreedomCoin's current market price is B/. 0.03681 per FREED, with a total market cap of B/. 243,119.23 PAB based on a circulating supply of 6,604,387.5 FREED. The trading volume of FreedomCoin has changed by 0.00% (B/. 0 PAB) in the last 24 hours. Last trading day, FREED's trading volume was B/. 0.
Market cap
$243.12K
24h volume
$0
Circulating supply
6.60M FREED
Conversion tables
The exchange rate of FreedomCoin is decreasing.1 FREED is currently valued at B/. 0.03681 PAB , which means buying 5 FREED will cost B/. 0.1841 PAB . Similarly, B/.1 PAB can be traded for 27.17 FREED, and B/.50 PAB can be converted to 1,358.26 FREED, excluding any platform or gas fees.
The exchange rate of 1 FREED to Panamanian Balboa has changed by -8.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.37%, reaching a high of 0.03819 PAB and a low of 0.03611 PAB . One month ago, the value of 1 FREED was B/. 0.07116 PAB , which represents a -48.27% change from its current value. Over the last year, FreedomCoin has changed by , resulting in a change of +83.12% in its value.
+B/.
0.01671PABFREED to PAB
Amount
18:29 today
0.5 FREED
B/.0.01841
1 FREED
B/.0.03681
5 FREED
B/.0.1841
10 FREED
B/.0.3681
50 FREED
B/.1.84
100 FREED
B/.3.68
500 FREED
B/.18.41
1000 FREED
B/.36.81
PAB to FREED
Amount18:29 today
0.5PAB13.58 FREED
1PAB27.17 FREED
5PAB135.83 FREED
10PAB271.65 FREED
50PAB1,358.26 FREED
100PAB2,716.52 FREED
500PAB13,582.61 FREED
1000PAB27,165.22 FREED
Today vs. 24 hours ago
| Amount | 18:29 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FREED | $0.01841 | $0.01816 | +1.37% |
| 1 FREED | $0.03681 | $0.03631 | +1.37% |
| 5 FREED | $0.1841 | $0.1816 | +1.37% |
| 10 FREED | $0.3681 | $0.3631 | +1.37% |
| 50 FREED | $1.84 | $1.82 | +1.37% |
| 100 FREED | $3.68 | $3.63 | +1.37% |
| 500 FREED | $18.41 | $18.16 | +1.37% |
| 1000 FREED | $36.81 | $36.31 | +1.37% |
Today vs. 1 month ago
| Amount | 18:29 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FREED | $0.01841 | $0.03558 | -48.27% |
| 1 FREED | $0.03681 | $0.07116 | -48.27% |
| 5 FREED | $0.1841 | $0.3558 | -48.27% |
| 10 FREED | $0.3681 | $0.7116 | -48.27% |
| 50 FREED | $1.84 | $3.56 | -48.27% |
| 100 FREED | $3.68 | $7.12 | -48.27% |
| 500 FREED | $18.41 | $35.58 | -48.27% |
| 1000 FREED | $36.81 | $71.16 | -48.27% |
Today vs. 1 year ago
| Amount | 18:29 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FREED | $0.01841 | $0.01005 | +83.12% |
| 1 FREED | $0.03681 | $0.02010 | +83.12% |
| 5 FREED | $0.1841 | $0.1005 | +83.12% |
| 10 FREED | $0.3681 | $0.2010 | +83.12% |
| 50 FREED | $1.84 | $1.01 | +83.12% |
| 100 FREED | $3.68 | $2.01 | +83.12% |
| 500 FREED | $18.41 | $10.05 | +83.12% |
| 1000 FREED | $36.81 | $20.1 | +83.12% |
FreedomCoin price prediction
What will the price of FREED be in 2025?
Based on FREED's historical price performance prediction model, the price of FREED is projected to reach $0.03404 in 2025.
What will the price of FREED be in 2030?
In 2030, the FREED price is expected to change by -11.00%. By the end of 2030, the FREED price is projected to reach $0.05582, with a cumulative ROI of +47.00%.
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Popular FreedomCoin conversions
Check out these popular currency conversions of FreedomCoin to several fiat currencies.
FreedomCoin to USD
1 FREED to $ 0.03681 USD
FreedomCoin to GBP
1 FREED to £ 0.02942 GBP
FreedomCoin to EUR
1 FREED to € 0.03535 EUR
FreedomCoin to KRW
1 FREED to ₩ 54.08 KRW
FreedomCoin to CAD
1 FREED to $ 0.05304 CAD
FreedomCoin to AUD
1 FREED to $ 0.05919 AUD
FreedomCoin to JPY
1 FREED to ¥ 5.82 JPY
FreedomCoin to BRL
1 FREED to R$ 0.2267 BRL
FreedomCoin to CNY
1 FREED to ¥ 0.2688 CNY
FreedomCoin to TWD
1 FREED to NT$ 1.21 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in FreedomCoin.
HUND to PAB
1 HUND to B/. 0.01500 PAB
Bitcoin to PAB
1 BTC to B/. 95,585.7 PAB
Bitget Token to PAB
1 BGB to B/. 7.36 PAB
XRP to PAB
1 XRP to B/. 2.15 PAB
BNB to PAB
1 BNB to B/. 690.38 PAB
Ondo to PAB
1 ONDO to B/. 1.45 PAB
GateToken to PAB
1 GT to B/. 15.06 PAB
FTX Token to PAB
1 FTT to B/. 3.69 PAB
MOO DENG (moodeng.vip) to PAB
1 MOODENG to B/. 0.{4}1892 PAB
MultiversX to PAB
1 EGLD to B/. 33.68 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 FreedomCoin 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 FreedomCoin 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 FreedomCoin 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.
