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SHIB
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 Shiba Inu(SHIB) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 SHIB at a value of 1 SHIB 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 Shiba Inu currency pair is the SHIB to PAB, with for Shiba Inu's currency code being SHIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
SHIB to PAB conversion rate trend
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In the past 1D, Shiba Inu has changed -6.61% to PAB. Based on the trend and price charts, Shiba Inu(SHIB) has changed -6.61% to PAB while Panamanian Balboa(PAB) has changed % to SHIB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{4}2170 | 0.0200% / 0.0320%  VIP 7 | |
Binance | B/.0.{4}2172 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | B/.0.{4}2170 | 0.1000% / 0.1000% | Yes |
Kraken | B/.0.{4}2172 | 0.1000% / 0.1000% | Yes |
OKX | B/.0.{4}2172 | 0.080% / 0.100% | Yes |
Huobi | B/.0.{4}2171 | 0.1000% / 0.1000% | Yes |
Gate.io | B/.0.{4}2171 | 0.1000% / 0.1000% | Yes |
Bybit | B/.0.{4}2172 | 0.1000% / 0.1000% | Yes |
KuCoin | B/.0.{4}2167 | 0.1000% / 0.1000% | Yes |
Bitfinex | B/.0.{4}2170 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 00:00:30(UTC+0)
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Learn MoreBuy SHIB (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of SHIB with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy SHIB with USDT via Bitget spot market.
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Sell SHIB (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of SHIB to PAB. However, you can first exchange SHIB 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 Shiba Inu to Panamanian Balboa?
Shiba Inu to Panamanian Balboa is falling this week.Shiba Inu's current market price is B/. 0.{4}2129 per SHIB, with a total market cap of B/. 12,544,352,956.53 PAB based on a circulating supply of 589,255,500,000,000 SHIB. The trading volume of Shiba Inu has changed by -42.93% (B/. -755,254,110.55 PAB) in the last 24 hours. Last trading day, SHIB's trading volume was B/. 1,759,150,000.48.
Market cap
$12.54B
24h volume
$1.00B
Circulating supply
589.26T SHIB
Conversion tables
The exchange rate of Shiba Inu is decreasing.1 SHIB is currently valued at B/. 0.{4}2129 PAB , which means buying 5 SHIB will cost B/. 0.0001064 PAB . Similarly, B/.1 PAB can be traded for 46,973.76 SHIB, and B/.50 PAB can be converted to 2,348,688.23 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Panamanian Balboa has changed by -22.47% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.61%, reaching a high of 0.{4}2395 PAB and a low of 0.{4}2130 PAB . One month ago, the value of 1 SHIB was B/. 0.{4}2508 PAB , which represents a -15.13% change from its current value. Over the last year, Shiba Inu has changed by , resulting in a change of +101.14% in its value.
+B/.
0.{4}1070PABSHIB to PAB
Amount
05:01 am today
0.5 SHIB
B/.0.{4}1064
1 SHIB
B/.0.{4}2129
5 SHIB
B/.0.0001064
10 SHIB
B/.0.0002129
50 SHIB
B/.0.001064
100 SHIB
B/.0.002129
500 SHIB
B/.0.01064
1000 SHIB
B/.0.02129
PAB to SHIB
Amount05:01 am today
0.5PAB23,486.88 SHIB
1PAB46,973.76 SHIB
5PAB234,868.82 SHIB
10PAB469,737.65 SHIB
50PAB2,348,688.23 SHIB
100PAB4,697,376.45 SHIB
500PAB23,486,882.27 SHIB
1000PAB46,973,764.54 SHIB
Today vs. 24 hours ago
| Amount | 05:01 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SHIB | $0.{4}1064 | $0.{4}1140 | -6.61% |
| 1 SHIB | $0.{4}2129 | $0.{4}2279 | -6.61% |
| 5 SHIB | $0.0001064 | $0.0001140 | -6.61% |
| 10 SHIB | $0.0002129 | $0.0002279 | -6.61% |
| 50 SHIB | $0.001064 | $0.001140 | -6.61% |
| 100 SHIB | $0.002129 | $0.002279 | -6.61% |
| 500 SHIB | $0.01064 | $0.01140 | -6.61% |
| 1000 SHIB | $0.02129 | $0.02279 | -6.61% |
Today vs. 1 month ago
| Amount | 05:01 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SHIB | $0.{4}1064 | $0.{4}1254 | -15.13% |
| 1 SHIB | $0.{4}2129 | $0.{4}2508 | -15.13% |
| 5 SHIB | $0.0001064 | $0.0001254 | -15.13% |
| 10 SHIB | $0.0002129 | $0.0002508 | -15.13% |
| 50 SHIB | $0.001064 | $0.001254 | -15.13% |
| 100 SHIB | $0.002129 | $0.002508 | -15.13% |
| 500 SHIB | $0.01064 | $0.01254 | -15.13% |
| 1000 SHIB | $0.02129 | $0.02508 | -15.13% |
Today vs. 1 year ago
| Amount | 05:01 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SHIB | $0.{4}1064 | $0.{5}5292 | +101.14% |
| 1 SHIB | $0.{4}2129 | $0.{4}1058 | +101.14% |
| 5 SHIB | $0.0001064 | $0.{4}5292 | +101.14% |
| 10 SHIB | $0.0002129 | $0.0001058 | +101.14% |
| 50 SHIB | $0.001064 | $0.0005292 | +101.14% |
| 100 SHIB | $0.002129 | $0.001058 | +101.14% |
| 500 SHIB | $0.01064 | $0.005292 | +101.14% |
| 1000 SHIB | $0.02129 | $0.01058 | +101.14% |
Shiba Inu price prediction
What will the price of SHIB be in 2025?
Based on SHIB's historical price performance prediction model, the price of SHIB is projected to reach $0.{4}2256 in 2025.
What will the price of SHIB be in 2030?
In 2030, the SHIB price is expected to change by -9.00%. By the end of 2030, the SHIB price is projected to reach $0.{4}3325, with a cumulative ROI of +53.10%.
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Popular Shiba Inu conversions
Check out these popular currency conversions of Shiba Inu to several fiat currencies.
Shiba Inu to USD
1 SHIB to $ 0.{4}2129 USD
Shiba Inu to GBP
1 SHIB to £ 0.{4}1694 GBP
Shiba Inu to EUR
1 SHIB to € 0.{4}2041 EUR
Shiba Inu to KRW
1 SHIB to ₩ 0.03079 KRW
Shiba Inu to CAD
1 SHIB to $ 0.{4}3060 CAD
Shiba Inu to AUD
1 SHIB to $ 0.{4}3406 AUD
Shiba Inu to JPY
1 SHIB to ¥ 0.003330 JPY
Shiba Inu to BRL
1 SHIB to R$ 0.0001296 BRL
Shiba Inu to CNY
1 SHIB to ¥ 0.0001554 CNY
Shiba Inu to TWD
1 SHIB to NT$ 0.0006947 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Shiba Inu.
ChainGPT to PAB
1 CGPT to B/. 0.2220 PAB
Adventure Gold to PAB
1 AGLD to B/. 1.95 PAB
dForce to PAB
1 DF to B/. 0.08314 PAB
IDEX to PAB
1 IDEX to B/. 0.06856 PAB
Aptos to PAB
1 APT to B/. 9.2 PAB
Sekuya Multiverse to PAB
1 SKYA to B/. 0.03377 PAB
Solana to PAB
1 SOL to B/. 180.54 PAB
LUKSO to PAB
1 LYX to B/. 2.9 PAB
FUNToken to PAB
1 FUN to B/. 0.005175 PAB
StaFi to PAB
1 FIS to B/. 0.4303 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 Shiba Inu 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 Shiba Inu 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 Shiba Inu 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.
