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TRADE to PAB Converter and calculator

TRADE/PAB: 1 TRADE = 0.1910 PAB. The price of converting 1 Polytrade (TRADE) to Panamanian Balboa (PAB) is 0.1910 PAB today.
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TRADE
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides TRADE to PAB real-time exchange rates, making it easy to convert Polytrade (TRADE) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 TRADE is currently valued at 0.19 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 TRADE is currently valued at 0.19 PAB, which means buying 5 TRADE would cost 0.96 PAB. Similarly, B/.1 PAB can be converted to 5.24 TRADE, and B/.50 PAB can be converted to 26.18 TRADE, excluding any platform or gas fees.

Convert TRADE to PAB

Convert PAB to TRADE

Polytrade
Panamanian Balboa
5000 TRADE
955.02  PAB
10000 TRADE
1,910.04  PAB
In the table above, you'll find a comprehensive TRADE to PAB converter that shows the value of Polytrade in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 TRADE to PAB, all the way up to 10000 TRADE, providing a clear view of their respective values.
Panamanian Balboa
Polytrade
1000 PAB
5,235.49 TRADE
2000 PAB
10,470.98 TRADE
5000 PAB
26,177.44 TRADE
10000 PAB
52,354.88 TRADE
50000 PAB
261,774.39 TRADE
100000 PAB
523,548.78 TRADE
In the table above, you'll find a comprehensive PAB to TRADE converter that shows the value of Panamanian Balboa in Polytrade across commonly used conversion amounts. The list covers conversions from 1 PAB to TRADE, all the way up to 100000 PAB, providing a clear view of their respective values.

TRADE to PAB chart

TRADE/PAB: 1 TRADE = 0.1910 PAB; 2025/04/26 17:37:14
In the past 1D, Polytrade has changed +3.22% to PAB. Based on the trend and price charts, Polytrade(TRADE) has changed +3.22% to PAB while Panamanian Balboa(PAB) has changed % to TRADE in the last 24 hours.
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TRADE to PAB conversion data: Volatility and price changes of Polytrade in PAB

The highest Polytrade price in PAB over the past 7 days was 0.1910 PAB while the lowest Polytrade price in PAB over the past 7 days was 0.1498 PAB. The relative change between the highs and lows in Polytrade price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and TRADE 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
0.1910 PAB
0.1910 PAB
0.2225 PAB
0.5540 PAB
Low
0.1819 PAB
0.1498 PAB
0.1335 PAB
0.1335 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
+3.22%
+18.43%
-6.29%
-64.48%

Polytrade information

TRADE to PAB market statistics

TRADE/PAB:
B/.0.1910
TRADE 24h volume:
B/.225,660.93
TRADE market cap:
B/.7,886,347.37
TRADE circulating supply:
41.29M TRADE

Current TRADE to PAB exchange rate

Polytrade to Panamanian Balboa is rising this week.
Polytrade's current market price is B/.0.1910 per TRADE, with a total market cap of B/.7,886,347.37 PAB based on a circulating supply of 41,288,876 TRADE. The trading volume of Polytrade has changed by +2.21% (B/.4,878.19 PAB) in the last 24 hours. Last trading day, TRADE's trading volume was B/.220,782.73.

More info about Polytrade 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 Polytrade currency pair is the TRADE to PAB, with for Polytrade's currency code being TRADE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert TRADE to PAB

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Buy TRADE (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of TRADE with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy TRADE with USDT via Bitget spot market.
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TRADE to PAB Conversion tables

The exchange rate of Polytrade is decreasing.
The exchange rate of 1 TRADE to Panamanian Balboa has changed by +18.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.22%, reaching a high of 0.1910 PAB and a low of 0.1819 PAB . One month ago, the value of 1 TRADE was B/.0.2038 PAB , which represents a -6.29% change from its current value. Over the last year, Polytrade has changed by
-B/.
1.4PAB
, resulting in a change of -87.98% in its value.
24 hours ago1 month ago1 year ago
Amount17:37 today24 hours ago24h change
0.5 TRADEB/.0.09550B/.0.09252
+3.22%
1 TRADEB/.0.1910B/.0.1850
+3.22%
5 TRADEB/.0.9550B/.0.9252
+3.22%
10 TRADEB/.1.91B/.1.85
+3.22%
50 TRADEB/.9.55B/.9.25
+3.22%
100 TRADEB/.19.1B/.18.5
+3.22%
500 TRADEB/.95.5B/.92.52
+3.22%
1000 TRADEB/.191B/.185.05
+3.22%

TRADE to PAB FAQ

How much is 1 Polytrade in PAB?
Right now, the price of 1 Polytrade (TRADE) in Panamanian Balboa (PAB) is B/.0.1910.
How much TRADE can I buy for 1 PAB?
Based on the current exchange rate, you can get 5.24 TRADE for 1 PAB.
How do I calculate or convert TRADE to PAB?
You can use our TRADE to PAB calculator at the top of this page to convert any amount of TRADE to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 26.18 TRADE, while 5 TRADE will cost around 0.9550PAB.
What is the highest price of TRADE/PAB in history?
The all-time high price of 1 TRADE in PAB is B/.3.07. It remains to be seen if the value of 1 TRADE/PAB will exceed the current all-time high.
What is the price trend of Polytrade in PAB?
Over the past 7 days, the exchange rate of Polytrade (TRADE) has gone up by 18.43%.   Over the last month, the exchange rate of Polytrade (TRADE) has gone down by 6.29% against Panamanian Balboa (PAB).

What factors influence the conversion rate of TRADE to PAB?

There are many factors that affect the relationship between Polytrade 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 TRADE/PAB. When there is positive news in the market about the widespread adoption of TRADE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of TRADE/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in TRADE/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 TRADE/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 Polytrade 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.