BNB
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 BNB(BNB) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 BNB at a value of 1 BNB for 609.25 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 BNB currency pair is the BNB to PAB, with for BNB's currency code being BNB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
BNB to PAB conversion rate trend
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In the past 1D, BNB has changed -0.97% to PAB. Based on the trend and price charts, BNB(BNB) has changed -0.97% to PAB while Panamanian Balboa(PAB) has changed % to BNB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.610.2 | 0.0200% / 0.0320%  VIP 7 | |
Binance | B/.612.24 | 0.1000% / 0.1000% | Yes |
OKX | B/.612.5 | 0.080% / 0.100% | Yes |
Huobi | B/.612.48 | 0.1000% / 0.1000% | Yes |
Gate.io | B/.612.3 | 0.1000% / 0.1000% | Yes |
Bybit | B/.611.95 | 0.1000% / 0.1000% | Yes |
KuCoin | B/.612.36 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 08:00:17(UTC+0)
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Learn MoreBuy BNB (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of BNB with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BNB with USDT via Bitget spot market.
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Sell BNB (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of BNB to PAB. However, you can first exchange BNB for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of BNB to Panamanian Balboa?
BNB to Panamanian Balboa is falling this week.BNB's current market price is B/. 609.25 per BNB, with a total market cap of B/. 87,738,294,644.07 PAB based on a circulating supply of 144,010,660 BNB. The trading volume of BNB has changed by +15.78% (B/. 329,339,568.67 PAB) in the last 24 hours. Last trading day, BNB's trading volume was B/. 2,087,400,213.39.
Market cap
$87.74B
24h volume
$2.42B
Circulating supply
144.01M BNB
Conversion tables
The exchange rate of BNB is increasing.1 BNB is currently valued at B/. 609.25 PAB , which means buying 5 BNB will cost B/. 3,046.24 PAB . Similarly, B/.1 PAB can be traded for 0.001641 BNB, and B/.50 PAB can be converted to 0.08207 BNB, excluding any platform or gas fees.
The exchange rate of 1 BNB to Panamanian Balboa has changed by -3.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.97%, reaching a high of 620.47 PAB and a low of 594.55 PAB . One month ago, the value of 1 BNB was B/. 591.44 PAB , which represents a +3.01% change from its current value. Over the last year, BNB has changed by , resulting in a change of +160.05% in its value.
+B/.
74.99PABBNB to PAB
Amount
10:46 am today
0.5 BNB
B/.304.62
1 BNB
B/.609.25
5 BNB
B/.3,046.24
10 BNB
B/.6,092.49
50 BNB
B/.30,462.43
100 BNB
B/.60,924.86
500 BNB
B/.304,624.3
1000 BNB
B/.609,248.6
PAB to BNB
Amount10:46 am today
0.5PAB0.0008207 BNB
1PAB0.001641 BNB
5PAB0.008207 BNB
10PAB0.01641 BNB
50PAB0.08207 BNB
100PAB0.1641 BNB
500PAB0.8207 BNB
1000PAB1.64 BNB
Today vs. 24 hours ago
| Amount | 10:46 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BNB | $304.62 | $307.6 | -0.97% |
| 1 BNB | $609.25 | $615.21 | -0.97% |
| 5 BNB | $3,046.24 | $3,076.04 | -0.97% |
| 10 BNB | $6,092.49 | $6,152.08 | -0.97% |
| 50 BNB | $30,462.43 | $30,760.38 | -0.97% |
| 100 BNB | $60,924.86 | $61,520.76 | -0.97% |
| 500 BNB | $304,624.3 | $307,603.8 | -0.97% |
| 1000 BNB | $609,248.6 | $615,207.6 | -0.97% |
Today vs. 1 month ago
| Amount | 10:46 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BNB | $304.62 | $295.72 | +3.01% |
| 1 BNB | $609.25 | $591.44 | +3.01% |
| 5 BNB | $3,046.24 | $2,957.18 | +3.01% |
| 10 BNB | $6,092.49 | $5,914.37 | +3.01% |
| 50 BNB | $30,462.43 | $29,571.83 | +3.01% |
| 100 BNB | $60,924.86 | $59,143.67 | +3.01% |
| 500 BNB | $304,624.3 | $295,718.33 | +3.01% |
| 1000 BNB | $609,248.6 | $591,436.65 | +3.01% |
Today vs. 1 year ago
| Amount | 10:46 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BNB | $304.62 | $117.13 | +160.05% |
| 1 BNB | $609.25 | $234.25 | +160.05% |
| 5 BNB | $3,046.24 | $1,171.27 | +160.05% |
| 10 BNB | $6,092.49 | $2,342.55 | +160.05% |
| 50 BNB | $30,462.43 | $11,712.75 | +160.05% |
| 100 BNB | $60,924.86 | $23,425.49 | +160.05% |
| 500 BNB | $304,624.3 | $117,127.46 | +160.05% |
| 1000 BNB | $609,248.6 | $234,254.91 | +160.05% |
BNB price prediction
What will the price of BNB be in 2025?
Based on BNB's historical price performance prediction model, the price of BNB is projected to reach $682.12 in 2025.
What will the price of BNB be in 2030?
In 2030, the BNB price is expected to change by +9.00%. By the end of 2030, the BNB price is projected to reach $890.46, with a cumulative ROI of +42.50%.
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Popular BNB conversions
Check out these popular currency conversions of BNB to several fiat currencies.
BNB to USD
1 BNB to $ 609.25 USD
BNB to GBP
1 BNB to £ 482.28 GBP
BNB to EUR
1 BNB to € 579.27 EUR
BNB to KRW
1 BNB to ₩ 853,795.75 KRW
BNB to CAD
1 BNB to $ 851.49 CAD
BNB to AUD
1 BNB to $ 935.87 AUD
BNB to JPY
1 BNB to ¥ 94,057.02 JPY
BNB to BRL
1 BNB to R$ 3,535.9 BRL
BNB to CNY
1 BNB to ¥ 4,415.89 CNY
BNB to TWD
1 BNB to NT$ 19,846.82 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in BNB.
MAD to PAB
1 MAD to B/. -- PAB
XRP to PAB
1 XRP to B/. 1.12 PAB
EGO to PAB
1 EGO to B/. 0.02745 PAB
Sharpe AI to PAB
1 SAI to B/. 0.03242 PAB
Solana to PAB
1 SOL to B/. 241.91 PAB
Bitcoin to PAB
1 BTC to B/. 97,563.41 PAB
Dogecoin to PAB
1 DOGE to B/. 0.3822 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}1904 PAB
Peanut the Squirrel to PAB
1 PNUT to B/. 1.31 PAB
Sui to PAB
1 SUI to B/. 3.42 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 BNB 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 BNB 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 BNB 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.
