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KAKAROT to Panamanian Balboa Converter and calculator

Convert 1KAKAROT (KAKAROT) to Panamanian Balboa (PAB) equals B/. 0.0009689 | 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 KAKAROT(KAKAROT) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 KAKAROT at a value of 1 KAKAROT 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.

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

KAKAROT to PAB conversion rate trend

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In the past 1D, KAKAROT has changed +10.45% to PAB. Based on the trend and price charts, KAKAROT(KAKAROT) has changed +10.45% to PAB while Panamanian Balboa(PAB) has changed % to KAKAROT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
B/.0.0009303
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/12 00:32:51(UTC+0)

How to buy KAKAROT

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Buy KAKAROT (KAKAROT)
Use a variety of payment options to buy KAKAROT on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of KAKAROT with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy KAKAROT with USDT via Bitget spot market.
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Low to high
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Sell KAKAROT (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading currently does not support direct selling of KAKAROT to PAB. However, you can first exchange KAKAROT 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
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What factors influence the conversion rate of KAKAROT to Panamanian Balboa?

KAKAROT to Panamanian Balboa is rising this week.
KAKAROT's current market price is B/. 0.0009689 per KAKAROT, with a total market cap of B/. 0 PAB based on a circulating supply of -- KAKAROT. The trading volume of KAKAROT has changed by -42.95% (B/. -10,222.19 PAB) in the last 24 hours. Last trading day, KAKAROT's trading volume was B/. 23,800.11.
Market cap
$0
24h volume
$13.58K
Circulating supply
0 KAKAROT

Conversion tables

The exchange rate of KAKAROT is increasing.
1 KAKAROT is currently valued at B/. 0.0009689 PAB , which means buying 5 KAKAROT will cost B/. 0.004844 PAB . Similarly, B/.1 PAB can be traded for 1,032.11 KAKAROT, and B/.50 PAB can be converted to 51,605.47 KAKAROT, excluding any platform or gas fees.
The exchange rate of 1 KAKAROT to Panamanian Balboa has changed by +223.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +10.45%, reaching a high of 0.0009822 PAB and a low of 0.0008717 PAB . One month ago, the value of 1 KAKAROT was B/. 0.{5}1129 PAB , which represents a +223.79% change from its current value. Over the last year, KAKAROT has changed by
+B/.
0.0006975PAB
, resulting in a change of +258.02% in its value.

KAKAROT to PAB

Amount
05:02 am today
0.5 KAKAROT
B/.0.0004844
1 KAKAROT
B/.0.0009689
5 KAKAROT
B/.0.004844
10 KAKAROT
B/.0.009689
50 KAKAROT
B/.0.04844
100 KAKAROT
B/.0.09689
500 KAKAROT
B/.0.4844
1000 KAKAROT
B/.0.9689

PAB to KAKAROT

Amount05:02 am today
0.5PAB516.05  KAKAROT
1PAB1,032.11  KAKAROT
5PAB5,160.55  KAKAROT
10PAB10,321.09  KAKAROT
50PAB51,605.47  KAKAROT
100PAB103,210.95  KAKAROT
500PAB516,054.75  KAKAROT
1000PAB1,032,109.49  KAKAROT

Today vs. 24 hours ago

Amount05:02 am today24 hours ago24h change
0.5 KAKAROT$0.0004844$0.0004387
+10.45%
1 KAKAROT$0.0009689$0.0008773
+10.45%
5 KAKAROT$0.004844$0.004387
+10.45%
10 KAKAROT$0.009689$0.008773
+10.45%
50 KAKAROT$0.04844$0.04387
+10.45%
100 KAKAROT$0.09689$0.08773
+10.45%
500 KAKAROT$0.4844$0.4387
+10.45%
1000 KAKAROT$0.9689$0.8773
+10.45%

Today vs. 1 month ago

Amount05:02 am today1 month ago1M change
0.5 KAKAROT$0.0004844$0.{6}5644
+223.79%
1 KAKAROT$0.0009689$0.{5}1129
+223.79%
5 KAKAROT$0.004844$0.{5}5644
+223.79%
10 KAKAROT$0.009689$0.{4}1129
+223.79%
50 KAKAROT$0.04844$0.{4}5644
+223.79%
100 KAKAROT$0.09689$0.0001129
+223.79%
500 KAKAROT$0.4844$0.0005644
+223.79%
1000 KAKAROT$0.9689$0.001129
+223.79%

Today vs. 1 year ago

Amount05:02 am today1 year ago1Y change
0.5 KAKAROT$0.0004844$0.0001357
+258.02%
1 KAKAROT$0.0009689$0.0002714
+258.02%
5 KAKAROT$0.004844$0.001357
+258.02%
10 KAKAROT$0.009689$0.002714
+258.02%
50 KAKAROT$0.04844$0.01357
+258.02%
100 KAKAROT$0.09689$0.02714
+258.02%
500 KAKAROT$0.4844$0.1357
+258.02%
1000 KAKAROT$0.9689$0.2714
+258.02%

KAKAROT price prediction

What will the price of KAKAROT be in 2025?

Based on KAKAROT's historical price performance prediction model, the price of KAKAROT is projected to reach $0.001062 in 2025.

What will the price of KAKAROT be in 2030?

In 2030, the KAKAROT price is expected to change by +10.00%. By the end of 2030, the KAKAROT price is projected to reach $0.001936, with a cumulative ROI of +105.14%.

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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 KAKAROT 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 KAKAROT 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 KAKAROT 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.