CKBTC
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 Chain-key Bitcoin(CKBTC) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 CKBTC at a value of 1 CKBTC for 60,746.06 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 Chain-key Bitcoin currency pair is the CKBTC to PAB, with for Chain-key Bitcoin's currency code being CKBTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
CKBTC to PAB conversion rate trend
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In the past 1D, Chain-key Bitcoin has changed -0.30% to PAB. Based on the trend and price charts, Chain-key Bitcoin(CKBTC) has changed -0.30% to PAB while Panamanian Balboa(PAB) has changed % to CKBTC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.60,746.06 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 00:35:49(UTC+0)
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Buy CKBTC (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of CKBTC with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy CKBTC with USDT via Bitget spot market.
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Sell CKBTC (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of CKBTC to PAB. However, you can first exchange CKBTC 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 Chain-key Bitcoin to Panamanian Balboa?
Chain-key Bitcoin to Panamanian Balboa is falling this week.Chain-key Bitcoin's current market price is B/. 60,746.06 per CKBTC, with a total market cap of B/. 15,373,004.17 PAB based on a circulating supply of 253.07 CKBTC. The trading volume of Chain-key Bitcoin has changed by -21.87% (B/. -44,298.18 PAB) in the last 24 hours. Last trading day, CKBTC's trading volume was B/. 202,594.86.
Market cap
$15.37M
24h volume
$158.30K
Circulating supply
253.07 CKBTC
Conversion tables
The exchange rate of Chain-key Bitcoin is decreasing.1 CKBTC is currently valued at B/. 60,746.06 PAB , which means buying 5 CKBTC will cost B/. 303,730.28 PAB . Similarly, B/.1 PAB can be traded for 0.{4}1646 CKBTC, and B/.50 PAB can be converted to 0.0008231 CKBTC, excluding any platform or gas fees.
The exchange rate of 1 CKBTC to Panamanian Balboa has changed by -3.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.30%, reaching a high of 67,357.33 PAB and a low of 64,418.2 PAB . One month ago, the value of 1 CKBTC was B/. 65,945.16 PAB , which represents a -7.40% change from its current value. Over the last year, Chain-key Bitcoin has changed by , resulting in a change of 0.00% in its value.
+B/.
5,038.84PABCKBTC to PAB
Amount
04:20 am today
0.5 CKBTC
B/.30,373.03
1 CKBTC
B/.60,746.06
5 CKBTC
B/.303,730.28
10 CKBTC
B/.607,460.55
50 CKBTC
B/.3,037,302.75
100 CKBTC
B/.6,074,605.5
500 CKBTC
B/.30,373,027.5
1000 CKBTC
B/.60,746,055
PAB to CKBTC
Amount04:20 am today
0.5PAB0.{5}8231 CKBTC
1PAB0.{4}1646 CKBTC
5PAB0.{4}8231 CKBTC
10PAB0.0001646 CKBTC
50PAB0.0008231 CKBTC
100PAB0.001646 CKBTC
500PAB0.008231 CKBTC
1000PAB0.01646 CKBTC
Today vs. 24 hours ago
| Amount | 04:20 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CKBTC | $30,373.03 | $30,472.02 | -0.30% |
| 1 CKBTC | $60,746.06 | $60,944.05 | -0.30% |
| 5 CKBTC | $303,730.28 | $304,720.23 | -0.30% |
| 10 CKBTC | $607,460.55 | $609,440.47 | -0.30% |
| 50 CKBTC | $3,037,302.75 | $3,047,202.35 | -0.30% |
| 100 CKBTC | $6,074,605.5 | $6,094,404.7 | -0.30% |
| 500 CKBTC | $30,373,027.5 | $30,472,023.5 | -0.30% |
| 1000 CKBTC | $60,746,055 | $60,944,047 | -0.30% |
Today vs. 1 month ago
| Amount | 04:20 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CKBTC | $30,373.03 | $32,972.58 | -7.40% |
| 1 CKBTC | $60,746.06 | $65,945.16 | -7.40% |
| 5 CKBTC | $303,730.28 | $329,725.82 | -7.40% |
| 10 CKBTC | $607,460.55 | $659,451.64 | -7.40% |
| 50 CKBTC | $3,037,302.75 | $3,297,258.2 | -7.40% |
| 100 CKBTC | $6,074,605.5 | $6,594,516.4 | -7.40% |
| 500 CKBTC | $30,373,027.5 | $32,972,582 | -7.40% |
| 1000 CKBTC | $60,746,055 | $65,945,164 | -7.40% |
Today vs. 1 year ago
| Amount | 04:20 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CKBTC | $30,373.03 | $-2146.3906 | 0.00% |
| 1 CKBTC | $60,746.06 | $-4292.7812 | 0.00% |
| 5 CKBTC | $303,730.28 | $-21463.9060 | 0.00% |
| 10 CKBTC | $607,460.55 | $-42927.8120 | 0.00% |
| 50 CKBTC | $3,037,302.75 | $-214639.06000 | 0.00% |
| 100 CKBTC | $6,074,605.5 | $-429278.1200 | 0.00% |
| 500 CKBTC | $30,373,027.5 | $-2146390.6000 | 0.00% |
| 1000 CKBTC | $60,746,055 | $-4292781.2000 | 0.00% |
Chain-key Bitcoin price prediction
What will the price of CKBTC be in 2025?
Based on CKBTC's historical price performance prediction model, the price of CKBTC is projected to reach $110,932.29 in 2025.
What will the price of CKBTC be in 2030?
In 2030, the CKBTC price is expected to change by -19.00%. By the end of 2030, the CKBTC price is projected to reach $197,783.89, with a cumulative ROI of +225.59%.
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Popular Chain-key Bitcoin conversions
Check out these popular currency conversions of Chain-key Bitcoin to several fiat currencies.
Chain-key Bitcoin to USD
1 CKBTC to $ 60,746.06 USD
Chain-key Bitcoin to GBP
1 CKBTC to £ 48,232.37 GBP
Chain-key Bitcoin to EUR
1 CKBTC to € 57,969.96 EUR
Chain-key Bitcoin to KRW
1 CKBTC to ₩ 84,890,315.66 KRW
Chain-key Bitcoin to CAD
1 CKBTC to $ 84,698.22 CAD
Chain-key Bitcoin to AUD
1 CKBTC to $ 93,105.48 AUD
Chain-key Bitcoin to JPY
1 CKBTC to ¥ 9,354,327.53 JPY
Chain-key Bitcoin to BRL
1 CKBTC to R$ 352,995.33 BRL
Chain-key Bitcoin to CNY
1 CKBTC to ¥ 440,360.3 CNY
Chain-key Bitcoin to TWD
1 CKBTC to NT$ 1,971,355.28 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Chain-key Bitcoin.
Bitcoin to PAB
1 BTC to B/. 97,886.61 PAB
MAD to PAB
1 MAD to B/. 0.{4}3676 PAB
XRP to PAB
1 XRP to B/. 1.44 PAB
Stellar to PAB
1 XLM to B/. 0.5318 PAB
Kusama to PAB
1 KSM to B/. 39.48 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4265 PAB
Hedera to PAB
1 HBAR to B/. 0.1425 PAB
Cardano to PAB
1 ADA to B/. 1.05 PAB
Polkadot to PAB
1 DOT to B/. 8.88 PAB
Solana to PAB
1 SOL to B/. 253.53 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 Chain-key Bitcoin 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 Chain-key Bitcoin 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 Chain-key Bitcoin 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.
