Bitget converter provides BTC to PAB real-time exchange rates, making it easy to convert Bitcoin (BTC) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 BTC is currently valued at 105,452.71 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BTC is currently valued at 105,452.71 PAB, which means buying 5 BTC would cost 527,263.55 PAB. Similarly, B/.1 PAB can be converted to 0.{5}9483 BTC, and B/.50 PAB can be converted to 0.{4}4741 BTC, excluding any platform or gas fees.
In the table above, you'll find a comprehensive BTC to PAB converter that shows the value of Bitcoin in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 0.00001 BTC to PAB, all the way up to 10000 BTC, providing a clear view of their respective values.
In the table above, you'll find a comprehensive PAB to BTC converter that shows the value of Panamanian Balboa in Bitcoin across commonly used conversion amounts. The list covers conversions from 1 PAB to BTC, all the way up to 100000 PAB, providing a clear view of their respective values.
In the past 1D, Bitcoin has changed -0.26% to PAB. Based on the trend and price charts, Bitcoin(BTC) has changed -0.26% to PAB while Panamanian Balboa(PAB) has changed % to BTC in the last 24 hours.
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BTC to PAB conversion data: Volatility and price changes of Bitcoin in PAB
The highest Bitcoin price in PAB over the past 7 days was 110,561.42 PAB while the lowest Bitcoin price in PAB over the past 7 days was 102,822.02 PAB. The relative change between the highs and lows in Bitcoin price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and BTC to PAB prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
106,203.76 PAB
110,561.42 PAB
111,970.17 PAB
111,970.17 PAB
Low
104,379.37 PAB
102,822.02 PAB
100,436.88 PAB
74,436.68 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-0.26%
-0.48%
+1.69%
+27.97%
Bitcoin information
BTC to PAB market statistics
BTC/PAB:
B/.105,452.71
BTC 24h volume:
B/.38,384,150,821.45
BTC market cap:
B/.2,096,188,947,768.93
BTC circulating supply:
19.88M BTC
Current BTC to PAB exchange rate
Bitcoin to Panamanian Balboa is falling this week.
Bitcoin's current market price is B/.105,452.71 per BTC, with a total market cap of B/.2,096,188,947,768.93 PAB based on a circulating supply of 19,878,000 BTC. The trading volume of Bitcoin has changed by -44.99% (B/.-31,397,094,309.02 PAB) in the last 24 hours. Last trading day, BTC's trading volume was B/.69,781,245,130.47.
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 Bitcoin currency pair is the BTC to PAB, with for Bitcoin's currency code being BTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
The exchange rate of 1 BTC to Panamanian Balboa has changed by -0.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.26%, reaching a high of 106,203.76 PAB and a low of 104,379.37 PAB . One month ago, the value of 1 BTC was B/.103,697.66 PAB , which represents a +1.69% change from its current value. Over the last year, Bitcoin has changed by
+B/.
9,515.98PAB
, resulting in a change of +59.95% in its value.
24 hours ago1 month ago1 year ago
Amount
22:40 today
24 hours ago
24h change
0.5 BTC
B/.52,726.36
B/.52,864.38
-0.26%
1 BTC
B/.105,452.71
B/.105,728.77
-0.26%
5 BTC
B/.527,263.55
B/.528,643.83
-0.26%
10 BTC
B/.1,054,527.1
B/.1,057,287.66
-0.26%
50 BTC
B/.5,272,635.5
B/.5,286,438.3
-0.26%
100 BTC
B/.10,545,271
B/.10,572,876.6
-0.26%
500 BTC
B/.52,726,355
B/.52,864,383
-0.26%
1000 BTC
B/.105,452,710
B/.105,728,766
-0.26%
BTC to PAB FAQ
How much is 1 Bitcoin in PAB?
Right now, the price of 1 Bitcoin (BTC) in Panamanian Balboa (PAB) is B/.105,452.71.
How much BTC can I buy for 1 PAB?
Based on the current exchange rate, you can get 0.{5}9483 BTC for 1 PAB.
How do I calculate or convert BTC to PAB?
You can use our BTC to PAB calculator at the top of this page to convert any amount of BTC to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 0.{4}4741 BTC, while 5 BTC will cost around 527,263.55PAB.
What is the highest price of BTC/PAB in history?
The all-time high price of 1 BTC in PAB is B/.111,970.17. It remains to be seen if the value of 1 BTC/PAB will exceed the current all-time high.
What is the price trend of Bitcoin in PAB?
Over the past 7 days, the exchange rate of Bitcoin (BTC) has gone down by 0.48%.
Over the last month, the exchange rate of Bitcoin (BTC) has gone up by 1.69% against Panamanian Balboa (PAB).
What factors influence the conversion rate of BTC to PAB?
There are many factors that affect the relationship between Bitcoin 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 BTC/PAB. When there is positive news in the market about the widespread adoption of BTC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BTC/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BTC/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 BTC/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 Bitcoin and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Bitcoin currency pairs: BTC to US Dollar (USD), BTC to Euro (EUR), BTC to Pound Sterling (GBP), BTC to Canadian Dollar (CAD), BTC to Indian Rupee (INR), BTC to Pakistani Rupee (PKR), BTC to Brazilian Real (BRL), BTC to… The price of Bitcoin in the US is $105,452.71 USD. Additionally, Bitcoin’s price is €91,300.96 EUR in the eurozone, £77,729.19 GBP in the UK, C$143,310.23 CAD in Canada, ₹9,081,640.11 INR in India, ₨29,837,844.29 PKR in Pakistan, R$585,125.45 BRL in Brazil, and more. The most popular Bitcoin currency pair is the BTC to Panamanian Balboa(PAB). The price of 1 Bitcoin (BTC) in Panamanian Balboa (PAB) is B/.105,452.71.
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.