MCRT
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 MagicCraft(MCRT) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 MCRT at a value of 1 MCRT 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 MagicCraft currency pair is the MCRT to PAB, with for MagicCraft's currency code being MCRT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
MCRT to PAB conversion rate trend
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In the past 1D, MagicCraft has changed +5.80% to PAB. Based on the trend and price charts, MagicCraft(MCRT) has changed +5.80% to PAB while Panamanian Balboa(PAB) has changed % to MCRT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.0009088 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | B/.0.001108 | 0.1000% / 0.1000% | Yes |
Gate.io | B/.0.001104 | 0.1000% / 0.1000% | Yes |
Bybit | B/.0.001114 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/10 16:00:16(UTC+0)
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Buy MagicCraft (MCRT)
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Learn MoreBuy MCRT (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of MCRT with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy MCRT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell MCRT (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of MCRT to PAB. However, you can first exchange MCRT 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 MagicCraft to Panamanian Balboa?
MagicCraft to Panamanian Balboa is rising this week.MagicCraft's current market price is B/. 0.001129 per MCRT, with a total market cap of B/. 4,929,025.6 PAB based on a circulating supply of 4,364,258,000 MCRT. The trading volume of MagicCraft has changed by +323.85% (B/. 151,956.96 PAB) in the last 24 hours. Last trading day, MCRT's trading volume was B/. 46,922.53.
Market cap
$4.93M
24h volume
$198.88K
Circulating supply
4.36B MCRT
Conversion tables
The exchange rate of MagicCraft is increasing.1 MCRT is currently valued at B/. 0.001129 PAB , which means buying 5 MCRT will cost B/. 0.005647 PAB . Similarly, B/.1 PAB can be traded for 885.42 MCRT, and B/.50 PAB can be converted to 44,271 MCRT, excluding any platform or gas fees.
The exchange rate of 1 MCRT to Panamanian Balboa has changed by +29.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.80%, reaching a high of 0.001132 PAB and a low of 0.001052 PAB . One month ago, the value of 1 MCRT was B/. 0.0009267 PAB , which represents a +21.88% change from its current value. Over the last year, MagicCraft has changed by , resulting in a change of -28.68% in its value.
-B/.
0.0004541PABMCRT to PAB
Amount
21:59 today
0.5 MCRT
B/.0.0005647
1 MCRT
B/.0.001129
5 MCRT
B/.0.005647
10 MCRT
B/.0.01129
50 MCRT
B/.0.05647
100 MCRT
B/.0.1129
500 MCRT
B/.0.5647
1000 MCRT
B/.1.13
PAB to MCRT
Amount21:59 today
0.5PAB442.71 MCRT
1PAB885.42 MCRT
5PAB4,427.1 MCRT
10PAB8,854.2 MCRT
50PAB44,271 MCRT
100PAB88,541.99 MCRT
500PAB442,709.97 MCRT
1000PAB885,419.93 MCRT
Today vs. 24 hours ago
| Amount | 21:59 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MCRT | $0.0005647 | $0.0005338 | +5.80% |
| 1 MCRT | $0.001129 | $0.001068 | +5.80% |
| 5 MCRT | $0.005647 | $0.005338 | +5.80% |
| 10 MCRT | $0.01129 | $0.01068 | +5.80% |
| 50 MCRT | $0.05647 | $0.05338 | +5.80% |
| 100 MCRT | $0.1129 | $0.1068 | +5.80% |
| 500 MCRT | $0.5647 | $0.5338 | +5.80% |
| 1000 MCRT | $1.13 | $1.07 | +5.80% |
Today vs. 1 month ago
| Amount | 21:59 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MCRT | $0.0005647 | $0.0004634 | +21.88% |
| 1 MCRT | $0.001129 | $0.0009267 | +21.88% |
| 5 MCRT | $0.005647 | $0.004634 | +21.88% |
| 10 MCRT | $0.01129 | $0.009267 | +21.88% |
| 50 MCRT | $0.05647 | $0.04634 | +21.88% |
| 100 MCRT | $0.1129 | $0.09267 | +21.88% |
| 500 MCRT | $0.5647 | $0.4634 | +21.88% |
| 1000 MCRT | $1.13 | $0.9267 | +21.88% |
Today vs. 1 year ago
| Amount | 21:59 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MCRT | $0.0005647 | $0.0007918 | -28.68% |
| 1 MCRT | $0.001129 | $0.001584 | -28.68% |
| 5 MCRT | $0.005647 | $0.007918 | -28.68% |
| 10 MCRT | $0.01129 | $0.01584 | -28.68% |
| 50 MCRT | $0.05647 | $0.07918 | -28.68% |
| 100 MCRT | $0.1129 | $0.1584 | -28.68% |
| 500 MCRT | $0.5647 | $0.7918 | -28.68% |
| 1000 MCRT | $1.13 | $1.58 | -28.68% |
MagicCraft price prediction
What will the price of MCRT be in 2025?
Based on MCRT's historical price performance prediction model, the price of MCRT is projected to reach $0.0003232 in 2025.
What will the price of MCRT be in 2030?
In 2030, the MCRT price is expected to change by -2.00%. By the end of 2030, the MCRT price is projected to reach $0.0005525, with a cumulative ROI of -48.09%.
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Popular MagicCraft conversions
Check out these popular currency conversions of MagicCraft to several fiat currencies.
MagicCraft to USD
1 MCRT to $ 0.001129 USD
MagicCraft to GBP
1 MCRT to £ 0.0008743 GBP
MagicCraft to EUR
1 MCRT to € 0.001054 EUR
MagicCraft to KRW
1 MCRT to ₩ 1.58 KRW
MagicCraft to CAD
1 MCRT to $ 0.001570 CAD
MagicCraft to AUD
1 MCRT to $ 0.001715 AUD
MagicCraft to JPY
1 MCRT to ¥ 0.1724 JPY
MagicCraft to BRL
1 MCRT to R$ 0.006480 BRL
MagicCraft to CNY
1 MCRT to ¥ 0.008108 CNY
MagicCraft to TWD
1 MCRT to NT$ 0.03642 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in MagicCraft.
Bitcoin to PAB
1 BTC to B/. 79,719.41 PAB
Sui to PAB
1 SUI to B/. 3.01 PAB
X Empire to PAB
1 X to B/. 0.0004307 PAB
Cardano to PAB
1 ADA to B/. 0.5815 PAB
Hamster Kombat to PAB
1 HMSTR to B/. -- PAB
Shiba Inu to PAB
1 SHIB to B/. 0.{4}2512 PAB
Grass to PAB
1 GRASS to B/. -- PAB
Dogecoin to PAB
1 DOGE to B/. 0.2671 PAB
Drift to PAB
1 DRIFT to B/. 1.79 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}1209 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 MagicCraft 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 MagicCraft 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 MagicCraft 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.
