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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.68%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$87816.89 (-0.18%)Fear and Greed Index46(Neutral)
Total spot Bitcoin ETF netflow +$84.2M (1D); +$769.3M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.68%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$87816.89 (-0.18%)Fear and Greed Index46(Neutral)
Total spot Bitcoin ETF netflow +$84.2M (1D); +$769.3M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
PLATA
PAB
Last updated as of 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 Plata Network(PLATA) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 PLATA at a value of 1 PLATA 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 Plata Network currency pair is the PLATA to PAB, with for Plata Network's currency code being PLATA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
PLATA to PAB conversion rate trend
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In the past 1D, Plata Network has changed +1.84% to PAB. Based on the trend and price charts, Plata Network(PLATA) has changed +1.84% to PAB while Panamanian Balboa(PAB) has changed % to PLATA in the last 24 hours.
PLATA to PAB market statistics
PLATA/PAB:
B/. 0.0001546
PLATA 24h volume:
B/. 2.72
PLATA market cap:
--
PLATA circulating supply:
0 PLATA
More info about Plata Network on Bitget
Current PLATA to PAB exchange rate
Plata Network to Panamanian Balboa is rising this week.Plata Network's current market price is B/. 0.0001546 per PLATA, with a total market cap of B/. 0 PAB based on a circulating supply of -- PLATA. The trading volume of Plata Network has changed by +109.91% (B/. 1.43 PAB) in the last 24 hours. Last trading day, PLATA's trading volume was B/. 1.3.
PLATA to PAB Conversion tables
The exchange rate of Plata Network is decreasing.1 PLATA is currently valued at B/. 0.0001546 PAB , which means buying 5 PLATA will cost B/. 0.0007729 PAB . Similarly, B/.1 PAB can be traded for 6,469.33 PLATA, and B/.50 PAB can be converted to 323,466.69 PLATA, excluding any platform or gas fees.
The exchange rate of 1 PLATA to Panamanian Balboa has changed by +12.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.84%, reaching a high of 0.0001558 PAB and a low of 0.0001514 PAB . One month ago, the value of 1 PLATA was B/. 0.0001911 PAB , which represents a -19.15% change from its current value. Over the last year, Plata Network has changed by , resulting in a change of -81.98% in its value.
-B/.
0.0007027PABPLATA to PAB
Amount
16:57 today
0.5 PLATA
B/.0.{4}7729
1 PLATA
B/.0.0001546
5 PLATA
B/.0.0007729
10 PLATA
B/.0.001546
50 PLATA
B/.0.007729
100 PLATA
B/.0.01546
500 PLATA
B/.0.07729
1000 PLATA
B/.0.1546
PAB to PLATA
Amount16:57 today
0.5PAB3,234.67 PLATA
1PAB6,469.33 PLATA
5PAB32,346.67 PLATA
10PAB64,693.34 PLATA
50PAB323,466.69 PLATA
100PAB646,933.39 PLATA
500PAB3,234,666.93 PLATA
1000PAB6,469,333.87 PLATA
PLATA to PAB Today vs. 24 hours ago
| Amount | 16:57 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PLATA | B/.0.{4}7729 | B/.0.{4}7589 | +1.84% |
| 1 PLATA | B/.0.0001546 | B/.0.0001518 | +1.84% |
| 5 PLATA | B/.0.0007729 | B/.0.0007589 | +1.84% |
| 10 PLATA | B/.0.001546 | B/.0.001518 | +1.84% |
| 50 PLATA | B/.0.007729 | B/.0.007589 | +1.84% |
| 100 PLATA | B/.0.01546 | B/.0.01518 | +1.84% |
| 500 PLATA | B/.0.07729 | B/.0.07589 | +1.84% |
| 1000 PLATA | B/.0.1546 | B/.0.1518 | +1.84% |
PLATA to PAB Today vs. 1 month ago
| Amount | 16:57 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PLATA | B/.0.{4}7729 | B/.0.{4}9557 | -19.15% |
| 1 PLATA | B/.0.0001546 | B/.0.0001911 | -19.15% |
| 5 PLATA | B/.0.0007729 | B/.0.0009557 | -19.15% |
| 10 PLATA | B/.0.001546 | B/.0.001911 | -19.15% |
| 50 PLATA | B/.0.007729 | B/.0.009557 | -19.15% |
| 100 PLATA | B/.0.01546 | B/.0.01911 | -19.15% |
| 500 PLATA | B/.0.07729 | B/.0.09557 | -19.15% |
| 1000 PLATA | B/.0.1546 | B/.0.1911 | -19.15% |
PLATA to PAB Today vs. 1 year ago
| Amount | 16:57 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PLATA | B/.0.{4}7729 | B/.0.0004287 | -81.98% |
| 1 PLATA | B/.0.0001546 | B/.0.0008573 | -81.98% |
| 5 PLATA | B/.0.0007729 | B/.0.004287 | -81.98% |
| 10 PLATA | B/.0.001546 | B/.0.008573 | -81.98% |
| 50 PLATA | B/.0.007729 | B/.0.04287 | -81.98% |
| 100 PLATA | B/.0.01546 | B/.0.08573 | -81.98% |
| 500 PLATA | B/.0.07729 | B/.0.4287 | -81.98% |
| 1000 PLATA | B/.0.1546 | B/.0.8573 | -81.98% |
How to convert PLATA to PAB
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Convert PLATA to PAB
Use a variety of payment options to buy Plata Network on Bitget. We'll show you how.
Buy PLATA (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of PLATA with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy PLATA 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 PLATA (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of PLATA to PAB. However, you can first exchange PLATA 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 PLATA to PAB?
There are many factors that affect the relationship between Plata Network 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 PLATA/PAB. When there is positive news in the market about the widespread adoption of PLATA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PLATA/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PLATA/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.
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 PLATA/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 Plata Network and adjust their investment strategies accordingly in the evolving market.
Plata Network price prediction
What will the price of PLATA be in 2026?
Based on PLATA's historical price performance prediction model, the price of PLATA is projected to reach $0.0001907 in 2026.
What will the price of PLATA be in 2031?
In 2031, the PLATA price is expected to change by 0.00%. By the end of 2031, the PLATA price is projected to reach $0.0002570, with a cumulative ROI of +65.77%.
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Popular Plata Network Converter
Check out these popular currency conversions of Plata Network to several fiat currencies.
PLATA to TWD
1 PLATA to NT$ 0.005109 TWD
PLATA to CNY
1 PLATA to ¥ 0.001122 CNY
PLATA to USD
1 PLATA to $ 0.0001546 USD
PLATA to PAB
1 PLATA to B/. 0.0001546 PAB
PLATA to EUR
1 PLATA to € 0.0001430 EUR
PLATA to CAD
1 PLATA to $ 0.0002212 CAD
PLATA to KRW
1 PLATA to ₩ 0.2268 KRW
PLATA to JPY
1 PLATA to ¥ 0.02315 JPY
PLATA to GBP
1 PLATA to £ 0.0001195 GBP
PLATA to BRL
1 PLATA to R$ 0.0008827 BRL
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Plata Network.
FORM to PAB
1 FORM to B/. 2.42 PAB
TOKEN to PAB
1 TOKEN to B/. 0.01778 PAB
BNB to PAB
1 BNB to B/. 631.68 PAB
THE to PAB
1 THE to B/. 0.3760 PAB
BANANAS31 to PAB
1 BANANAS31 to B/. 0.005918 PAB
BDX to PAB
1 BDX to B/. 0.07439 PAB
COMBO to PAB
1 COMBO to B/. 0.08464 PAB
CAKE to PAB
1 CAKE to B/. 2.59 PAB
AVA to PAB
1 AVA to B/. 0.6529 PAB
SOLV to PAB
1 SOLV to B/. 0.03565 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 Plata Network 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 Plata Network 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 Plata Network 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.
