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SPOT to PAB Converter and calculator

SPOT/PAB: 1 SPOT = 0.0003369 PAB. The price of converting 1 Defispot (SPOT) to Panamanian Balboa (PAB) is 0.0003369 PAB today.
SPOT
SPOT
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SPOT to PAB real-time exchange rates, making it easy to convert Defispot (SPOT) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 SPOT is currently valued at 0.00 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SPOT is currently valued at 0.00 PAB, which means buying 5 SPOT would cost 0.00 PAB. Similarly, B/.1 PAB can be converted to 2,968.46 SPOT, and B/.50 PAB can be converted to 14,842.32 SPOT, excluding any platform or gas fees.

Convert SPOT to PAB

Convert PAB to SPOT

Defispot
Panamanian Balboa
1 SPOT
0.0003369  PAB
2 SPOT
0.0006737  PAB
10 SPOT
0.003369  PAB
20 SPOT
0.006737  PAB
100 SPOT
0.03369  PAB
200 SPOT
0.06737  PAB
1000 SPOT
0.3369  PAB
In the table above, you'll find a comprehensive SPOT to PAB converter that shows the value of Defispot in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 SPOT to PAB, all the way up to 10000 SPOT, providing a clear view of their respective values.
Panamanian Balboa
Defispot
100 PAB
296,846.39 SPOT
200 PAB
593,692.78 SPOT
500 PAB
1,484,231.95 SPOT
1000 PAB
2,968,463.9 SPOT
2000 PAB
5,936,927.8 SPOT
5000 PAB
14,842,319.5 SPOT
10000 PAB
29,684,639 SPOT
50000 PAB
148,423,195.02 SPOT
100000 PAB
296,846,390.04 SPOT
In the table above, you'll find a comprehensive PAB to SPOT converter that shows the value of Panamanian Balboa in Defispot across commonly used conversion amounts. The list covers conversions from 1 PAB to SPOT, all the way up to 100000 PAB, providing a clear view of their respective values.

SPOT to PAB chart

SPOT/PAB: 1 SPOT = 0.0003369 PAB; 2025/04/30 04:17:34
In the past 1D, Defispot has changed -0.14% to PAB. Based on the trend and price charts, Defispot(SPOT) has changed -0.14% to PAB while Panamanian Balboa(PAB) has changed % to SPOT in the last 24 hours.
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SPOT to PAB conversion data: Volatility and price changes of Defispot in PAB

The highest Defispot price in PAB over the past 7 days was 0.0003840 PAB while the lowest Defispot price in PAB over the past 7 days was 0.0003309 PAB. The relative change between the highs and lows in Defispot price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and SPOT to PAB prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0003380 PAB
0.0003840 PAB
0.001284 PAB
0.005249 PAB
Low
0.0003367 PAB
0.0003309 PAB
0.0003309 PAB
0.0003309 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-0.14%
+1.02%
-56.66%
-81.02%

Defispot information

SPOT to PAB market statistics

SPOT/PAB:
B/.0.0003369
SPOT 24h volume:
B/.13,566.62
SPOT market cap:
--
SPOT circulating supply:
0 SPOT

Current SPOT to PAB exchange rate

Defispot to Panamanian Balboa is rising this week.
Defispot's current market price is B/.0.0003369 per SPOT, with a total market cap of B/.0 PAB based on a circulating supply of -- SPOT. The trading volume of Defispot has changed by -63.32% (B/.-23,415.67 PAB) in the last 24 hours. Last trading day, SPOT's trading volume was B/.36,982.29.

More info about Defispot on Bitget

Panamanian Balboa 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 Defispot currency pair is the SPOT to PAB, with for Defispot's currency code being SPOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert SPOT to PAB

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Convert SPOT to PAB
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Bitget P2P trading does not currently support direct buying of SPOT with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy SPOT with USDT via Bitget spot market.
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SPOT to PAB Conversion tables

The exchange rate of Defispot is decreasing.
The exchange rate of 1 SPOT to Panamanian Balboa has changed by +1.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.14%, reaching a high of 0.0003380 PAB and a low of 0.0003367 PAB . One month ago, the value of 1 SPOT was B/.0.0007773 PAB , which represents a -56.66% change from its current value. Over the last year, Defispot has changed by
-B/.
0.03198PAB
, resulting in a change of -98.96% in its value.
24 hours ago1 month ago1 year ago
Amount04:17 am today24 hours ago24h change
0.5 SPOTB/.0.0001684B/.0.0001687
-0.14%
1 SPOTB/.0.0003369B/.0.0003373
-0.14%
5 SPOTB/.0.001684B/.0.001687
-0.14%
10 SPOTB/.0.003369B/.0.003373
-0.14%
50 SPOTB/.0.01684B/.0.01687
-0.14%
100 SPOTB/.0.03369B/.0.03373
-0.14%
500 SPOTB/.0.1684B/.0.1687
-0.14%
1000 SPOTB/.0.3369B/.0.3373
-0.14%

SPOT to PAB FAQ

How much is 1 Defispot in PAB?
Right now, the price of 1 Defispot (SPOT) in Panamanian Balboa (PAB) is B/.0.0003369.
How much SPOT can I buy for 1 PAB?
Based on the current exchange rate, you can get 2,968.46 SPOT for 1 PAB.
How do I calculate or convert SPOT to PAB?
You can use our SPOT to PAB calculator at the top of this page to convert any amount of SPOT to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 14,842.32 SPOT, while 5 SPOT will cost around 0.001684PAB.
What is the highest price of SPOT/PAB in history?
The all-time high price of 1 SPOT in PAB is B/.0.07222. It remains to be seen if the value of 1 SPOT/PAB will exceed the current all-time high.
What is the price trend of Defispot in PAB?
Over the past 7 days, the exchange rate of Defispot (SPOT) has gone up by 1.02%.   Over the last month, the exchange rate of Defispot (SPOT) has gone down by 56.66% against Panamanian Balboa (PAB).

What factors influence the conversion rate of SPOT to PAB?

There are many factors that affect the relationship between Defispot 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 SPOT/PAB. When there is positive news in the market about the widespread adoption of SPOT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SPOT/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SPOT/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.
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 SPOT/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 Defispot and adjust their investment strategies accordingly in the evolving market.

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