CNDL
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 Candle(CNDL) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 CNDL at a value of 1 CNDL 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 Candle currency pair is the CNDL to PAB, with for Candle's currency code being CNDL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
CNDL to PAB conversion rate trend
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In the past 1D, Candle has changed +16.83% to PAB. Based on the trend and price charts, Candle(CNDL) has changed +16.83% to PAB while Panamanian Balboa(PAB) has changed % to CNDL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{6}1070 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:34:11(UTC+0)
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Buy Candle (CNDL)
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Buy CNDL (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of CNDL with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy CNDL with USDT via Bitget spot market.
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Sell CNDL (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of CNDL to PAB. However, you can first exchange CNDL 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 Candle to Panamanian Balboa?
Candle to Panamanian Balboa is rising this week.Candle's current market price is B/. 0.{6}1070 per CNDL, with a total market cap of B/. 0 PAB based on a circulating supply of -- CNDL. The trading volume of Candle has changed by -86.92% (B/. -486.03 PAB) in the last 24 hours. Last trading day, CNDL's trading volume was B/. 559.14.
Market cap
$0
24h volume
$73.11430917
Circulating supply
0 CNDL
Conversion tables
The exchange rate of Candle is increasing.1 CNDL is currently valued at B/. 0.{6}1070 PAB , which means buying 5 CNDL will cost B/. 0.{6}5351 PAB . Similarly, B/.1 PAB can be traded for 9,343,881.08 CNDL, and B/.50 PAB can be converted to 467,194,054 CNDL, excluding any platform or gas fees.
The exchange rate of 1 CNDL to Panamanian Balboa has changed by +61.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +16.83%, reaching a high of 0.{6}1070 PAB and a low of 0.{7}9160 PAB . One month ago, the value of 1 CNDL was B/. 0 PAB , which represents a +61.12% change from its current value. Over the last year, Candle has changed by , resulting in a change of -100.00% in its value.
+B/.
0.{8}7022PABCNDL to PAB
Amount
09:59 am today
0.5 CNDL
B/.0.{7}5351
1 CNDL
B/.0.{6}1070
5 CNDL
B/.0.{6}5351
10 CNDL
B/.0.{5}1070
50 CNDL
B/.0.{5}5351
100 CNDL
B/.0.{4}1070
500 CNDL
B/.0.{4}5351
1000 CNDL
B/.0.0001070
PAB to CNDL
Amount09:59 am today
0.5PAB4,671,940.54 CNDL
1PAB9,343,881.08 CNDL
5PAB46,719,405.4 CNDL
10PAB93,438,810.8 CNDL
50PAB467,194,054 CNDL
100PAB934,388,108.01 CNDL
500PAB4,671,940,540.03 CNDL
1000PAB9,343,881,080.05 CNDL
Today vs. 24 hours ago
| Amount | 09:59 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CNDL | $0.{7}5351 | $0.{7}4580 | +16.83% |
| 1 CNDL | $0.{6}1070 | $0.{7}9160 | +16.83% |
| 5 CNDL | $0.{6}5351 | $0.{6}4580 | +16.83% |
| 10 CNDL | $0.{5}1070 | $0.{6}9160 | +16.83% |
| 50 CNDL | $0.{5}5351 | $0.{5}4580 | +16.83% |
| 100 CNDL | $0.{4}1070 | $0.{5}9160 | +16.83% |
| 500 CNDL | $0.{4}5351 | $0.{4}4580 | +16.83% |
| 1000 CNDL | $0.0001070 | $0.{4}9160 | +16.83% |
Today vs. 1 month ago
| Amount | 09:59 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CNDL | $0.{7}5351 | $0.00 | +61.12% |
| 1 CNDL | $0.{6}1070 | $0.00 | +61.12% |
| 5 CNDL | $0.{6}5351 | $0.00 | +61.12% |
| 10 CNDL | $0.{5}1070 | $0.00 | +61.12% |
| 50 CNDL | $0.{5}5351 | $0.00 | +61.12% |
| 100 CNDL | $0.{4}1070 | $0.00 | +61.12% |
| 500 CNDL | $0.{4}5351 | $0.00 | +61.12% |
| 1000 CNDL | $0.0001070 | $0.00 | +61.12% |
Today vs. 1 year ago
| Amount | 09:59 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CNDL | $0.{7}5351 | $0.00 | -100.00% |
| 1 CNDL | $0.{6}1070 | $0.00 | -100.00% |
| 5 CNDL | $0.{6}5351 | $0.00 | -100.00% |
| 10 CNDL | $0.{5}1070 | $0.00 | -100.00% |
| 50 CNDL | $0.{5}5351 | $0.00 | -100.00% |
| 100 CNDL | $0.{4}1070 | $0.00 | -100.00% |
| 500 CNDL | $0.{4}5351 | $0.00 | -100.00% |
| 1000 CNDL | $0.0001070 | $0.00 | -100.00% |
Candle price prediction
What will the price of CNDL be in 2025?
Based on CNDL's historical price performance prediction model, the price of CNDL is projected to reach $0.00 in 2025.
What will the price of CNDL be in 2030?
In 2030, the CNDL price is expected to change by -5.00%. By the end of 2030, the CNDL price is projected to reach $0.00, with a cumulative ROI of -100.00%.
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Popular Candle conversions
Check out these popular currency conversions of Candle to several fiat currencies.
Candle to USD
1 CNDL to $ 0.{6}1070 USD
Candle to GBP
1 CNDL to £ 0.{7}8517 GBP
Candle to EUR
1 CNDL to € 0.{6}1026 EUR
Candle to KRW
1 CNDL to ₩ 0.0001554 KRW
Candle to CAD
1 CNDL to $ 0.{6}1538 CAD
Candle to AUD
1 CNDL to $ 0.{6}1712 AUD
Candle to JPY
1 CNDL to ¥ 0.{4}1678 JPY
Candle to BRL
1 CNDL to R$ 0.{6}6507 BRL
Candle to CNY
1 CNDL to ¥ 0.{6}7816 CNY
Candle to TWD
1 CNDL to NT$ 0.{5}3501 TWD
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Explore other cryptocurrencies based on your interest in Candle.
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1 BTC to B/. 95,967.23 PAB
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1 STEEM to B/. 0.2227 PAB
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1 HIVE to B/. 0.3763 PAB
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1 AAVE to B/. 337.72 PAB
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1 MBL to B/. 0.003504 PAB
Algorand to PAB
1 ALGO to B/. 0.3665 PAB
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1 LPT to B/. 15.31 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 Candle 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 Candle 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 Candle 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.
