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base info Brett (Based)

Brett (Based) to Panamanian Balboa Converter and calculator

Convert 1Brett (Based) (BRETT) to Panamanian Balboa (PAB) equals B/. 0.1258 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Brett (Based)(BRETT) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 BRETT at a value of 1 BRETT for 0.13 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Brett (Based) currency pair is the BRETT to PAB, with for Brett (Based)'s currency code being BRETT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

BRETT to PAB conversion rate trend

1D7D1M3M1YAll
In the past 1D, Brett (Based) has changed -11.07% to PAB. Based on the trend and price charts, Brett (Based)(BRETT) has changed -11.07% to PAB while Panamanian Balboa(PAB) has changed % to BRETT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
B/.0.1263
0.0200% / 0.0320%vip-iconVIP 7
Huobi
B/.0.1263
0.1000% / 0.1000%
Yes
Gate.io
B/.0.1264
0.1000% / 0.1000%
Yes
Bybit
B/.0.1265
0.1000% / 0.1000%
Yes
KuCoin
B/.0.1260
0.1000% / 0.1000%
Yes
Last updated 2024/12/22 00:00:28(UTC+0)

How to buy Brett (Based)

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Buy Brett (Based) (BRETT)
Use a variety of payment options to buy Brett (Based) on Bitget. We'll show you how.

Buy BRETT (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading does not currently support direct buying of BRETT with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BRETT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell BRETT (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading currently does not support direct selling of BRETT to PAB. However, you can first exchange BRETT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Brett (Based) to Panamanian Balboa?

Brett (Based) to Panamanian Balboa is falling this week.
Brett (Based)'s current market price is B/. 0.1258 per BRETT, with a total market cap of B/. 1,246,728,125 PAB based on a circulating supply of 9,910,236,000 BRETT. The trading volume of Brett (Based) has changed by -35.98% (B/. -29,490,393.68 PAB) in the last 24 hours. Last trading day, BRETT's trading volume was B/. 81,970,813.55.
Market cap
$1.25B
24h volume
$52.48M
Circulating supply
9.91B BRETT

Conversion tables

The exchange rate of Brett (Based) is decreasing.
1 BRETT is currently valued at B/. 0.1258 PAB , which means buying 5 BRETT will cost B/. 0.6290 PAB . Similarly, B/.1 PAB can be traded for 7.95 BRETT, and B/.50 PAB can be converted to 397.45 BRETT, excluding any platform or gas fees.
The exchange rate of 1 BRETT to Panamanian Balboa has changed by -24.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by -11.07%, reaching a high of 0.1471 PAB and a low of 0.1228 PAB . One month ago, the value of 1 BRETT was B/. 0.1674 PAB , which represents a -24.86% change from its current value. Over the last year, Brett (Based) has changed by
+B/.
0.08713PAB
, resulting in a change of +225.33% in its value.

BRETT to PAB

Amount
06:36 am today
0.5 BRETT
B/.0.06290
1 BRETT
B/.0.1258
5 BRETT
B/.0.6290
10 BRETT
B/.1.26
50 BRETT
B/.6.29
100 BRETT
B/.12.58
500 BRETT
B/.62.9
1000 BRETT
B/.125.8

PAB to BRETT

Amount06:36 am today
0.5PAB3.97  BRETT
1PAB7.95  BRETT
5PAB39.74  BRETT
10PAB79.49  BRETT
50PAB397.45  BRETT
100PAB794.9  BRETT
500PAB3,974.5  BRETT
1000PAB7,949  BRETT

Today vs. 24 hours ago

Amount06:36 am today24 hours ago24h change
0.5 BRETT$0.06290$0.07073
-11.07%
1 BRETT$0.1258$0.1415
-11.07%
5 BRETT$0.6290$0.7073
-11.07%
10 BRETT$1.26$1.41
-11.07%
50 BRETT$6.29$7.07
-11.07%
100 BRETT$12.58$14.15
-11.07%
500 BRETT$62.9$70.73
-11.07%
1000 BRETT$125.8$141.46
-11.07%

Today vs. 1 month ago

Amount06:36 am today1 month ago1M change
0.5 BRETT$0.06290$0.08371
-24.86%
1 BRETT$0.1258$0.1674
-24.86%
5 BRETT$0.6290$0.8371
-24.86%
10 BRETT$1.26$1.67
-24.86%
50 BRETT$6.29$8.37
-24.86%
100 BRETT$12.58$16.74
-24.86%
500 BRETT$62.9$83.71
-24.86%
1000 BRETT$125.8$167.42
-24.86%

Today vs. 1 year ago

Amount06:36 am today1 year ago1Y change
0.5 BRETT$0.06290$0.01933
+225.33%
1 BRETT$0.1258$0.03867
+225.33%
5 BRETT$0.6290$0.1933
+225.33%
10 BRETT$1.26$0.3867
+225.33%
50 BRETT$6.29$1.93
+225.33%
100 BRETT$12.58$3.87
+225.33%
500 BRETT$62.9$19.33
+225.33%
1000 BRETT$125.8$38.67
+225.33%

Brett (Based) price prediction

What will the price of BRETT be in 2025?

Based on BRETT's historical price performance prediction model, the price of BRETT is projected to reach $0.1831 in 2025.

What will the price of BRETT be in 2030?

In 2030, the BRETT price is expected to change by -11.00%. By the end of 2030, the BRETT price is projected to reach $0.2283, with a cumulative ROI of +55.33%.

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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 Brett (Based) 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 Brett (Based) 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 Brett (Based) 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.