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PTAS to PAB Converter and calculator

PTAS/PAB: 1 PTAS = 0.{4}9254 PAB. The price of converting 1 La Peseta (PTAS) to Panamanian Balboa (PAB) is 0.{4}9254 PAB today.
PTAS
PTAS
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PTAS to PAB real-time exchange rates, making it easy to convert La Peseta (PTAS) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 PTAS is currently valued at 0.00 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PTAS is currently valued at 0.00 PAB, which means buying 5 PTAS would cost 0.00 PAB. Similarly, B/.1 PAB can be converted to 10,806.2 PTAS, and B/.50 PAB can be converted to 54,030.98 PTAS, excluding any platform or gas fees.

Convert PTAS to PAB

Convert PAB to PTAS

La Peseta
Panamanian Balboa
1 PTAS
0.{4}9254  PAB
2 PTAS
0.0001851  PAB
5 PTAS
0.0004627  PAB
10 PTAS
0.0009254  PAB
20 PTAS
0.001851  PAB
50 PTAS
0.004627  PAB
100 PTAS
0.009254  PAB
200 PTAS
0.01851  PAB
500 PTAS
0.04627  PAB
1000 PTAS
0.09254  PAB
5000 PTAS
0.4627  PAB
10000 PTAS
0.9254  PAB
In the table above, you'll find a comprehensive PTAS to PAB converter that shows the value of La Peseta in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 PTAS to PAB, all the way up to 10000 PTAS, providing a clear view of their respective values.
Panamanian Balboa
La Peseta
100 PAB
1,080,619.63 PTAS
200 PAB
2,161,239.25 PTAS
500 PAB
5,403,098.14 PTAS
1000 PAB
10,806,196.27 PTAS
2000 PAB
21,612,392.55 PTAS
5000 PAB
54,030,981.36 PTAS
10000 PAB
108,061,962.73 PTAS
50000 PAB
540,309,813.65 PTAS
100000 PAB
1,080,619,627.29 PTAS
In the table above, you'll find a comprehensive PAB to PTAS converter that shows the value of Panamanian Balboa in La Peseta across commonly used conversion amounts. The list covers conversions from 1 PAB to PTAS, all the way up to 100000 PAB, providing a clear view of their respective values.

PTAS to PAB chart

PTAS/PAB: 1 PTAS = 0.{4}9254 PAB; 2025/04/30 20:39:20
In the past 1D, La Peseta has changed -17.93% to PAB. Based on the trend and price charts, La Peseta(PTAS) has changed -17.93% to PAB while Panamanian Balboa(PAB) has changed % to PTAS in the last 24 hours.
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PTAS to PAB conversion data: Volatility and price changes of La Peseta in PAB

The highest La Peseta price in PAB over the past 7 days was 0.0004421 PAB while the lowest La Peseta price in PAB over the past 7 days was 0.{4}9254 PAB. The relative change between the highs and lows in La Peseta price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and PTAS 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
0.0001317 PAB
0.0004421 PAB
0.001500 PAB
0.001673 PAB
Low
0.{4}9254 PAB
0.{4}9254 PAB
0.{4}9254 PAB
0.{4}9254 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-17.93%
-10.18%
-90.56%
-92.89%

La Peseta information

PTAS to PAB market statistics

PTAS/PAB:
B/.0.{4}9254
PTAS 24h volume:
B/.1,993.75
PTAS market cap:
--
PTAS circulating supply:
0 PTAS

Current PTAS to PAB exchange rate

La Peseta to Panamanian Balboa is falling this week.
La Peseta's current market price is B/.0.{4}9254 per PTAS, with a total market cap of B/.0 PAB based on a circulating supply of -- PTAS. The trading volume of La Peseta has changed by +258.61% (B/.1,437.79 PAB) in the last 24 hours. Last trading day, PTAS's trading volume was B/.555.96.

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

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How to convert PTAS to PAB

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PTAS to PAB Conversion tables

The exchange rate of La Peseta is decreasing.
The exchange rate of 1 PTAS to Panamanian Balboa has changed by -10.18% in the last 7 days. In the last 24 hours, the rate has fluctuated by -17.93%, reaching a high of 0.0001317 PAB and a low of 0.{4}9254 PAB . One month ago, the value of 1 PTAS was B/.0.0009803 PAB , which represents a -90.56% change from its current value. Over the last year, La Peseta has changed by
-B/.
0.004601PAB
, resulting in a change of -98.03% in its value.
24 hours ago1 month ago1 year ago
Amount20:39 today24 hours ago24h change
0.5 PTASB/.0.{4}4627B/.0.{4}5638
-17.93%
1 PTASB/.0.{4}9254B/.0.0001128
-17.93%
5 PTASB/.0.0004627B/.0.0005638
-17.93%
10 PTASB/.0.0009254B/.0.001128
-17.93%
50 PTASB/.0.004627B/.0.005638
-17.93%
100 PTASB/.0.009254B/.0.01128
-17.93%
500 PTASB/.0.04627B/.0.05638
-17.93%
1000 PTASB/.0.09254B/.0.1128
-17.93%

PTAS to PAB FAQ

How much is 1 La Peseta in PAB?
Right now, the price of 1 La Peseta (PTAS) in Panamanian Balboa (PAB) is B/.0.{4}9254.
How much PTAS can I buy for 1 PAB?
Based on the current exchange rate, you can get 10,806.2 PTAS for 1 PAB.
How do I calculate or convert PTAS to PAB?
You can use our PTAS to PAB calculator at the top of this page to convert any amount of PTAS to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 54,030.98 PTAS, while 5 PTAS will cost around 0.0004627PAB.
What is the highest price of PTAS/PAB in history?
The all-time high price of 1 PTAS in PAB is B/.0.03159. It remains to be seen if the value of 1 PTAS/PAB will exceed the current all-time high.
What is the price trend of La Peseta in PAB?
Over the past 7 days, the exchange rate of La Peseta (PTAS) has gone down by 10.18%.   Over the last month, the exchange rate of La Peseta (PTAS) has gone down by 90.56% against Panamanian Balboa (PAB).

What factors influence the conversion rate of PTAS to PAB?

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