PAAL
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 PAAL AI(PAAL) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 PAAL at a value of 1 PAAL for 0.27 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 PAAL AI currency pair is the PAAL to PAB, with for PAAL AI's currency code being PAAL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
PAAL to PAB conversion rate trend
1D7D1M3M1YAll
In the past 1D, PAAL AI has changed -8.04% to PAB. Based on the trend and price charts, PAAL AI(PAAL) has changed -8.04% to PAB while Panamanian Balboa(PAB) has changed % to PAAL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.2664 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | B/.0.2640 | 0.1000% / 0.1000% | Yes |
Gate.io | B/.0.2653 | 0.1000% / 0.1000% | Yes |
Bybit | B/.0.2643 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 00:00:26(UTC+0)
How to buy PAAL AI
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy PAAL AI (PAAL)
Use a variety of payment options to buy PAAL AI on Bitget. We'll show you how.
Buy PAAL (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of PAAL with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy PAAL with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell PAAL (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of PAAL to PAB. However, you can first exchange PAAL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
No matching ads found.
What factors influence the conversion rate of PAAL AI to Panamanian Balboa?
PAAL AI to Panamanian Balboa is falling this week.PAAL AI's current market price is B/. 0.2726 per PAAL, with a total market cap of B/. 223,399,107.68 PAB based on a circulating supply of 819,528,060 PAAL. The trading volume of PAAL AI has changed by -67.41% (B/. -21,212,645.15 PAB) in the last 24 hours. Last trading day, PAAL's trading volume was B/. 31,466,791.39.
Market cap
$223.40M
24h volume
$10.25M
Circulating supply
819.53M PAAL
Conversion tables
The exchange rate of PAAL AI is increasing.1 PAAL is currently valued at B/. 0.2726 PAB , which means buying 5 PAAL will cost B/. 1.36 PAB . Similarly, B/.1 PAB can be traded for 3.67 PAAL, and B/.50 PAB can be converted to 183.42 PAAL, excluding any platform or gas fees.
The exchange rate of 1 PAAL to Panamanian Balboa has changed by -19.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.04%, reaching a high of 0.2945 PAB and a low of 0.2583 PAB . One month ago, the value of 1 PAAL was B/. 0.1575 PAB , which represents a +73.69% change from its current value. Over the last year, PAAL AI has changed by , resulting in a change of +141.64% in its value.
+B/.
0.1590PABPAAL to PAB
Amount
08:26 am today
0.5 PAAL
B/.0.1363
1 PAAL
B/.0.2726
5 PAAL
B/.1.36
10 PAAL
B/.2.73
50 PAAL
B/.13.63
100 PAAL
B/.27.26
500 PAAL
B/.136.3
1000 PAAL
B/.272.59
PAB to PAAL
Amount08:26 am today
0.5PAB1.83 PAAL
1PAB3.67 PAAL
5PAB18.34 PAAL
10PAB36.68 PAAL
50PAB183.42 PAAL
100PAB366.84 PAAL
500PAB1,834.22 PAAL
1000PAB3,668.45 PAAL
Today vs. 24 hours ago
| Amount | 08:26 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PAAL | $0.1363 | $0.1482 | -8.04% |
| 1 PAAL | $0.2726 | $0.2963 | -8.04% |
| 5 PAAL | $1.36 | $1.48 | -8.04% |
| 10 PAAL | $2.73 | $2.96 | -8.04% |
| 50 PAAL | $13.63 | $14.82 | -8.04% |
| 100 PAAL | $27.26 | $29.63 | -8.04% |
| 500 PAAL | $136.3 | $148.15 | -8.04% |
| 1000 PAAL | $272.59 | $296.31 | -8.04% |
Today vs. 1 month ago
| Amount | 08:26 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PAAL | $0.1363 | $0.07876 | +73.69% |
| 1 PAAL | $0.2726 | $0.1575 | +73.69% |
| 5 PAAL | $1.36 | $0.7876 | +73.69% |
| 10 PAAL | $2.73 | $1.58 | +73.69% |
| 50 PAAL | $13.63 | $7.88 | +73.69% |
| 100 PAAL | $27.26 | $15.75 | +73.69% |
| 500 PAAL | $136.3 | $78.76 | +73.69% |
| 1000 PAAL | $272.59 | $157.51 | +73.69% |
Today vs. 1 year ago
| Amount | 08:26 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PAAL | $0.1363 | $0.05680 | +141.64% |
| 1 PAAL | $0.2726 | $0.1136 | +141.64% |
| 5 PAAL | $1.36 | $0.5680 | +141.64% |
| 10 PAAL | $2.73 | $1.14 | +141.64% |
| 50 PAAL | $13.63 | $5.68 | +141.64% |
| 100 PAAL | $27.26 | $11.36 | +141.64% |
| 500 PAAL | $136.3 | $56.8 | +141.64% |
| 1000 PAAL | $272.59 | $113.6 | +141.64% |
PAAL AI price prediction
What will the price of PAAL be in 2025?
Based on PAAL's historical price performance prediction model, the price of PAAL is projected to reach $0.2545 in 2025.
What will the price of PAAL be in 2030?
In 2030, the PAAL price is expected to change by -19.00%. By the end of 2030, the PAAL price is projected to reach $0.4457, with a cumulative ROI of +112.24%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular PAAL AI conversions
Check out these popular currency conversions of PAAL AI to several fiat currencies.
PAAL AI to USD
1 PAAL to $ 0.2726 USD
PAAL AI to GBP
1 PAAL to £ 0.2169 GBP
PAAL AI to EUR
1 PAAL to € 0.2613 EUR
PAAL AI to KRW
1 PAAL to ₩ 394.29 KRW
PAAL AI to CAD
1 PAAL to $ 0.3919 CAD
PAAL AI to AUD
1 PAAL to $ 0.4360 AUD
PAAL AI to JPY
1 PAAL to ¥ 42.65 JPY
PAAL AI to BRL
1 PAAL to R$ 1.66 BRL
PAAL AI to CNY
1 PAAL to ¥ 1.99 CNY
PAAL AI to TWD
1 PAAL to NT$ 8.9 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in PAAL AI.
Adventure Gold to PAB
1 AGLD to B/. 1.77 PAB
IDEX to PAB
1 IDEX to B/. 0.06389 PAB
Hive to PAB
1 HIVE to B/. 0.3454 PAB
Baby Pengu to PAB
1 BABYPENGU to B/. 0.1662 PAB
HEX (PulseChain) to PAB
1 HEX to B/. 0.01819 PAB
JUNO to PAB
1 JUNO to B/. 0.2791 PAB
dForce to PAB
1 DF to B/. 0.08103 PAB
PulseX to PAB
1 PLSX to B/. 0.{4}3760 PAB
Shoggoth (shoggoth.monster) to PAB
1 SHOGGOTH to B/. 0.05036 PAB
.png)
FUNToken to PAB
1 FUN to B/. 0.005186 PAB
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 PAAL AI 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 PAAL AI 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 PAAL AI 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.
