Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.97%
New listings on Bitget: Pi Network
BTC/USDT$82920.64 (-1.02%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$120.9M (1D); -$35.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.97%
New listings on Bitget: Pi Network
BTC/USDT$82920.64 (-1.02%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$120.9M (1D); -$35.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.97%
New listings on Bitget: Pi Network
BTC/USDT$82920.64 (-1.02%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$120.9M (1D); -$35.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
BTX
PAB
Last updated as of 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 BitciX(BTX) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 BTX at a value of 1 BTX for 0.01 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 BitciX currency pair is the BTX to PAB, with for BitciX's currency code being BTX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
BTX to PAB conversion rate trend
1D7D1M3M1YAll
In the past 1D, BitciX has changed +0.01% to PAB. Based on the trend and price charts, BitciX(BTX) has changed +0.01% to PAB while Panamanian Balboa(PAB) has changed % to BTX in the last 24 hours.
BTX to PAB market statistics
BTX/PAB:
B/. 0.005608
BTX 24h volume:
B/. 630.98
BTX market cap:
--
BTX circulating supply:
0 BTX
More info about BitciX on Bitget
Current BTX to PAB exchange rate
BitciX to Panamanian Balboa is falling this week.BitciX's current market price is B/. 0.005608 per BTX, with a total market cap of B/. 0 PAB based on a circulating supply of -- BTX. The trading volume of BitciX has changed by -96.98% (B/. -20,297.00 PAB) in the last 24 hours. Last trading day, BTX's trading volume was B/. 20,927.97.
BTX to PAB Conversion tables
The exchange rate of BitciX is increasing.1 BTX is currently valued at B/. 0.005608 PAB , which means buying 5 BTX will cost B/. 0.02804 PAB . Similarly, B/.1 PAB can be traded for 178.32 BTX, and B/.50 PAB can be converted to 8,916.06 BTX, excluding any platform or gas fees.
The exchange rate of 1 BTX to Panamanian Balboa has changed by -7.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.01%, reaching a high of 0.005729 PAB and a low of 0.005238 PAB . One month ago, the value of 1 BTX was B/. 0.004832 PAB , which represents a +16.06% change from its current value. Over the last year, BitciX has changed by , resulting in a change of -89.36% in its value.
-B/.
0.04713PABBTX to PAB
Amount
02:59 am today
0.5 BTX
B/.0.002804
1 BTX
B/.0.005608
5 BTX
B/.0.02804
10 BTX
B/.0.05608
50 BTX
B/.0.2804
100 BTX
B/.0.5608
500 BTX
B/.2.8
1000 BTX
B/.5.61
PAB to BTX
Amount02:59 am today
0.5PAB89.16 BTX
1PAB178.32 BTX
5PAB891.61 BTX
10PAB1,783.21 BTX
50PAB8,916.06 BTX
100PAB17,832.13 BTX
500PAB89,160.64 BTX
1000PAB178,321.29 BTX
BTX to PAB Today vs. 24 hours ago
| Amount | 02:59 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BTX | B/.0.002804 | B/.0.002804 | +0.01% |
| 1 BTX | B/.0.005608 | B/.0.005607 | +0.01% |
| 5 BTX | B/.0.02804 | B/.0.02804 | +0.01% |
| 10 BTX | B/.0.05608 | B/.0.05607 | +0.01% |
| 50 BTX | B/.0.2804 | B/.0.2804 | +0.01% |
| 100 BTX | B/.0.5608 | B/.0.5607 | +0.01% |
| 500 BTX | B/.2.8 | B/.2.8 | +0.01% |
| 1000 BTX | B/.5.61 | B/.5.61 | +0.01% |
BTX to PAB Today vs. 1 month ago
| Amount | 02:59 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BTX | B/.0.002804 | B/.0.002416 | +16.06% |
| 1 BTX | B/.0.005608 | B/.0.004832 | +16.06% |
| 5 BTX | B/.0.02804 | B/.0.02416 | +16.06% |
| 10 BTX | B/.0.05608 | B/.0.04832 | +16.06% |
| 50 BTX | B/.0.2804 | B/.0.2416 | +16.06% |
| 100 BTX | B/.0.5608 | B/.0.4832 | +16.06% |
| 500 BTX | B/.2.8 | B/.2.42 | +16.06% |
| 1000 BTX | B/.5.61 | B/.4.83 | +16.06% |
BTX to PAB Today vs. 1 year ago
| Amount | 02:59 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BTX | B/.0.002804 | B/.0.02637 | -89.36% |
| 1 BTX | B/.0.005608 | B/.0.05274 | -89.36% |
| 5 BTX | B/.0.02804 | B/.0.2637 | -89.36% |
| 10 BTX | B/.0.05608 | B/.0.5274 | -89.36% |
| 50 BTX | B/.0.2804 | B/.2.64 | -89.36% |
| 100 BTX | B/.0.5608 | B/.5.27 | -89.36% |
| 500 BTX | B/.2.8 | B/.26.37 | -89.36% |
| 1000 BTX | B/.5.61 | B/.52.74 | -89.36% |
How to convert BTX to PAB
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Convert BTX to PAB
Use a variety of payment options to buy BitciX on Bitget. We'll show you how.
Buy BTX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of BTX with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BTX with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell BTX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of BTX to PAB. However, you can first exchange BTX 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 |
|---|
No matching ads found.
What factors influence the conversion rate of BTX to PAB?
There are many factors that affect the relationship between BitciX 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 BTX/PAB. When there is positive news in the market about the widespread adoption of BTX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BTX/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BTX/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.
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 BTX/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 BitciX and adjust their investment strategies accordingly in the evolving market.
BitciX price prediction
What will the price of BTX be in 2026?
Based on BTX's historical price performance prediction model, the price of BTX is projected to reach $0.005711 in 2026.
What will the price of BTX be in 2031?
In 2031, the BTX price is expected to change by +7.00%. By the end of 2031, the BTX price is projected to reach $0.008064, with a cumulative ROI of +50.48%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular BitciX Converter
Check out these popular currency conversions of BitciX to several fiat currencies.
BTX to TWD
1 BTX to NT$ 0.1848 TWD
BTX to CNY
1 BTX to ¥ 0.04081 CNY
BTX to USD
1 BTX to $ 0.005608 USD
BTX to PAB
1 BTX to B/. 0.005608 PAB
BTX to EUR
1 BTX to € 0.005064 EUR
BTX to CAD
1 BTX to $ 0.007887 CAD
BTX to KRW
1 BTX to ₩ 8.05 KRW
BTX to JPY
1 BTX to ¥ 0.8197 JPY
BTX to GBP
1 BTX to £ 0.004279 GBP
BTX to BRL
1 BTX to R$ 0.03160 BRL
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in BitciX.
DGB to PAB
1 DGB to B/. 0.01043 PAB
RARE to PAB
1 RARE to B/. 0.06860 PAB
FUN to PAB
1 FUN to B/. 0.005857 PAB
BNB to PAB
1 BNB to B/. 593.18 PAB
ACH to PAB
1 ACH to B/. 0.02085 PAB
ATOM to PAB
1 ATOM to B/. 4.77 PAB
VOXEL to PAB
1 VOXEL to B/. 0.03762 PAB
MBOX to PAB
1 MBOX to B/. 0.05345 PAB
BSW to PAB
1 BSW to B/. 0.01822 PAB
TIA to PAB
1 TIA to B/. 2.86 PAB
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 BitciX 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 BitciX 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 BitciX 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.
