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PEDRO to PAB Converter and calculator

PEDRO/PAB: 1 PEDRO = 0.0005494 PAB. The price of converting 1 Pedro The Raccoon (PEDRO) to Panamanian Balboa (PAB) is 0.0005494 PAB today.
PEDRO
PEDRO
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PEDRO to PAB real-time exchange rates, making it easy to convert Pedro The Raccoon (PEDRO) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 PEDRO is currently valued at 0.00 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PEDRO is currently valued at 0.00 PAB, which means buying 5 PEDRO would cost 0.00 PAB. Similarly, B/.1 PAB can be converted to 1,820.3 PEDRO, and B/.50 PAB can be converted to 9,101.48 PEDRO, excluding any platform or gas fees.

Convert PEDRO to PAB

Convert PAB to PEDRO

Pedro The Raccoon
Panamanian Balboa
1 PEDRO
0.0005494  PAB
2 PEDRO
0.001099  PAB
5 PEDRO
0.002747  PAB
10 PEDRO
0.005494  PAB
20 PEDRO
0.01099  PAB
50 PEDRO
0.02747  PAB
100 PEDRO
0.05494  PAB
200 PEDRO
0.1099  PAB
500 PEDRO
0.2747  PAB
1000 PEDRO
0.5494  PAB
10000 PEDRO
5.49  PAB
In the table above, you'll find a comprehensive PEDRO to PAB converter that shows the value of Pedro The Raccoon in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 PEDRO to PAB, all the way up to 10000 PEDRO, providing a clear view of their respective values.
Panamanian Balboa
Pedro The Raccoon
100 PAB
182,029.55 PEDRO
200 PAB
364,059.11 PEDRO
500 PAB
910,147.77 PEDRO
1000 PAB
1,820,295.55 PEDRO
2000 PAB
3,640,591.09 PEDRO
5000 PAB
9,101,477.73 PEDRO
10000 PAB
18,202,955.45 PEDRO
50000 PAB
91,014,777.27 PEDRO
100000 PAB
182,029,554.54 PEDRO
In the table above, you'll find a comprehensive PAB to PEDRO converter that shows the value of Panamanian Balboa in Pedro The Raccoon across commonly used conversion amounts. The list covers conversions from 1 PAB to PEDRO, all the way up to 100000 PAB, providing a clear view of their respective values.

PEDRO to PAB chart

PEDRO/PAB: 1 PEDRO = 0.0005494 PAB; 2025/04/28 14:17:55
In the past 1D, Pedro The Raccoon has changed +0.61% to PAB. Based on the trend and price charts, Pedro The Raccoon(PEDRO) has changed +0.61% to PAB while Panamanian Balboa(PAB) has changed % to PEDRO in the last 24 hours.
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PEDRO to PAB conversion data: Volatility and price changes of Pedro The Raccoon in PAB

The highest Pedro The Raccoon price in PAB over the past 7 days was 0.0005370 PAB while the lowest Pedro The Raccoon price in PAB over the past 7 days was 0.0004552 PAB. The relative change between the highs and lows in Pedro The Raccoon price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and PEDRO to PAB prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0005370 PAB
0.0005370 PAB
0.0005409 PAB
0.001799 PAB
Low
0.0005334 PAB
0.0004552 PAB
0.0003628 PAB
0.0003628 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
+0.61%
+17.15%
-3.11%
-72.14%

Pedro The Raccoon information

PEDRO to PAB market statistics

PEDRO/PAB:
B/.0.0005494
PEDRO 24h volume:
--
PEDRO market cap:
--
PEDRO circulating supply:
0 PEDRO

Current PEDRO to PAB exchange rate

Pedro The Raccoon to Panamanian Balboa is rising this week.
Pedro The Raccoon's current market price is B/.0.0005494 per PEDRO, with a total market cap of B/.0 PAB based on a circulating supply of -- PEDRO. The trading volume of Pedro The Raccoon has changed by 0.00% (B/.0 PAB) in the last 24 hours. Last trading day, PEDRO's trading volume was B/.0.

More info about Pedro The Raccoon on Bitget

Panamanian Balboa 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 Pedro The Raccoon currency pair is the PEDRO to PAB, with for Pedro The Raccoon's currency code being PEDRO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert PEDRO to PAB

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PEDRO to PAB Conversion tables

The exchange rate of Pedro The Raccoon is decreasing.
The exchange rate of 1 PEDRO to Panamanian Balboa has changed by +17.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.61%, reaching a high of 0.0005370 PAB and a low of 0.0005334 PAB . One month ago, the value of 1 PEDRO was B/.0.0005666 PAB , which represents a -3.11% change from its current value. Over the last year, Pedro The Raccoon has changed by
-B/.
0.1193PAB
, resulting in a change of -99.55% in its value.
24 hours ago1 month ago1 year ago
Amount14:17 today24 hours ago24h change
0.5 PEDROB/.0.0002747B/.0.0002731
+0.61%
1 PEDROB/.0.0005494B/.0.0005461
+0.61%
5 PEDROB/.0.002747B/.0.002731
+0.61%
10 PEDROB/.0.005494B/.0.005461
+0.61%
50 PEDROB/.0.02747B/.0.02731
+0.61%
100 PEDROB/.0.05494B/.0.05461
+0.61%
500 PEDROB/.0.2747B/.0.2731
+0.61%
1000 PEDROB/.0.5494B/.0.5461
+0.61%

PEDRO to PAB FAQ

How much is 1 Pedro The Raccoon in PAB?
Right now, the price of 1 Pedro The Raccoon (PEDRO) in Panamanian Balboa (PAB) is B/.0.0005494.
How much PEDRO can I buy for 1 PAB?
Based on the current exchange rate, you can get 1,820.3 PEDRO for 1 PAB.
How do I calculate or convert PEDRO to PAB?
You can use our PEDRO to PAB calculator at the top of this page to convert any amount of PEDRO to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 9,101.48 PEDRO, while 5 PEDRO will cost around 0.002747PAB.
What is the highest price of PEDRO/PAB in history?
The all-time high price of 1 PEDRO in PAB is B/.0.1261. It remains to be seen if the value of 1 PEDRO/PAB will exceed the current all-time high.
What is the price trend of Pedro The Raccoon in PAB?
Over the past 7 days, the exchange rate of Pedro The Raccoon (PEDRO) has gone up by 17.15%.   Over the last month, the exchange rate of Pedro The Raccoon (PEDRO) has gone down by 3.11% against Panamanian Balboa (PAB).

What factors influence the conversion rate of PEDRO to PAB?

There are many factors that affect the relationship between Pedro The Raccoon and Panamanian Balboa, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PEDRO/PAB. When there is positive news in the market about the widespread adoption of PEDRO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PEDRO/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PEDRO/PAB.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PEDRO/PAB. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Pedro The Raccoon and adjust their investment strategies accordingly in the evolving market.

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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.