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GLR to PAB Converter and calculator

GLR/PAB: 1 GLR = 0.04353 PAB. The price of converting 1 GalleryCoin (GLR) to Panamanian Balboa (PAB) is 0.04353 PAB today.
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GLR
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GLR to PAB real-time exchange rates, making it easy to convert GalleryCoin (GLR) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 GLR is currently valued at 0.04 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GLR is currently valued at 0.04 PAB, which means buying 5 GLR would cost 0.22 PAB. Similarly, B/.1 PAB can be converted to 22.97 GLR, and B/.50 PAB can be converted to 114.86 GLR, excluding any platform or gas fees.

Convert GLR to PAB

Convert PAB to GLR

GalleryCoin
Panamanian Balboa
10000 GLR
435.32  PAB
In the table above, you'll find a comprehensive GLR to PAB converter that shows the value of GalleryCoin in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 GLR to PAB, all the way up to 10000 GLR, providing a clear view of their respective values.
Panamanian Balboa
GalleryCoin
5000 PAB
114,859.28 GLR
10000 PAB
229,718.55 GLR
50000 PAB
1,148,592.76 GLR
100000 PAB
2,297,185.51 GLR
In the table above, you'll find a comprehensive PAB to GLR converter that shows the value of Panamanian Balboa in GalleryCoin across commonly used conversion amounts. The list covers conversions from 1 PAB to GLR, all the way up to 100000 PAB, providing a clear view of their respective values.

GLR to PAB chart

GLR/PAB: 1 GLR = 0.04353 PAB; 2025/05/01 02:04:51
In the past 1D, GalleryCoin has changed -9.50% to PAB. Based on the trend and price charts, GalleryCoin(GLR) has changed -9.50% to PAB while Panamanian Balboa(PAB) has changed % to GLR in the last 24 hours.
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GLR to PAB conversion data: Volatility and price changes of GalleryCoin in PAB

The highest GalleryCoin price in PAB over the past 7 days was 0.04854 PAB while the lowest GalleryCoin price in PAB over the past 7 days was 0.04352 PAB. The relative change between the highs and lows in GalleryCoin price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and GLR 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
0.04854 PAB
0.04854 PAB
0.08260 PAB
0.1172 PAB
Low
0.04352 PAB
0.04352 PAB
0.008086 PAB
0.008086 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-9.50%
-9.70%
-45.66%
-58.61%

GalleryCoin information

GLR to PAB market statistics

GLR/PAB:
B/.0.04353
GLR 24h volume:
B/.0.2176
GLR market cap:
--
GLR circulating supply:
0 GLR

Current GLR to PAB exchange rate

GalleryCoin to Panamanian Balboa is falling this week.
GalleryCoin's current market price is B/.0.04353 per GLR, with a total market cap of B/.0 PAB based on a circulating supply of -- GLR. The trading volume of GalleryCoin has changed by +45085.09% (B/.0.2171 PAB) in the last 24 hours. Last trading day, GLR's trading volume was B/.0.0004816.

More info about GalleryCoin 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 GalleryCoin currency pair is the GLR to PAB, with for GalleryCoin's currency code being GLR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert GLR to PAB

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GLR to PAB Conversion tables

The exchange rate of GalleryCoin is decreasing.
The exchange rate of 1 GLR to Panamanian Balboa has changed by -9.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.50%, reaching a high of 0.04854 PAB and a low of 0.04352 PAB . One month ago, the value of 1 GLR was B/.0.08010 PAB , which represents a -45.66% change from its current value. Over the last year, GalleryCoin has changed by
-B/.
0.1586PAB
, resulting in a change of -78.47% in its value.
24 hours ago1 month ago1 year ago
Amount02:04 am today24 hours ago24h change
0.5 GLRB/.0.02177B/.0.02405
-9.50%
1 GLRB/.0.04353B/.0.04810
-9.50%
5 GLRB/.0.2177B/.0.2405
-9.50%
10 GLRB/.0.4353B/.0.4810
-9.50%
50 GLRB/.2.18B/.2.4
-9.50%
100 GLRB/.4.35B/.4.81
-9.50%
500 GLRB/.21.77B/.24.05
-9.50%
1000 GLRB/.43.53B/.48.1
-9.50%

GLR to PAB FAQ

How much is 1 GalleryCoin in PAB?
Right now, the price of 1 GalleryCoin (GLR) in Panamanian Balboa (PAB) is B/.0.04353.
How much GLR can I buy for 1 PAB?
Based on the current exchange rate, you can get 22.97 GLR for 1 PAB.
How do I calculate or convert GLR to PAB?
You can use our GLR to PAB calculator at the top of this page to convert any amount of GLR to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 114.86 GLR, while 5 GLR will cost around 0.2177PAB.
What is the highest price of GLR/PAB in history?
The all-time high price of 1 GLR in PAB is B/.0.6038. It remains to be seen if the value of 1 GLR/PAB will exceed the current all-time high.
What is the price trend of GalleryCoin in PAB?
Over the past 7 days, the exchange rate of GalleryCoin (GLR) has gone down by 9.70%.   Over the last month, the exchange rate of GalleryCoin (GLR) has gone down by 45.66% against Panamanian Balboa (PAB).

What factors influence the conversion rate of GLR to PAB?

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

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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.