PLERF
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 Plerf(PLERF) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 PLERF at a value of 1 PLERF 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.
Bitget crypto-to-fiat exchange data shows that the most popular Plerf currency pair is the PLERF to PAB, with for Plerf's currency code being PLERF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
PLERF to PAB conversion rate trend
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In the past 1D, Plerf has changed +7.57% to PAB. Based on the trend and price charts, Plerf(PLERF) has changed +7.57% to PAB while Panamanian Balboa(PAB) has changed % to PLERF in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{4}6142 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/22 16:34:36(UTC+0)
How to buy Plerf
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Buy Plerf (PLERF)
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Buy PLERF (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of PLERF with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy PLERF with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell PLERF (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of PLERF to PAB. However, you can first exchange PLERF 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 |
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What factors influence the conversion rate of Plerf to Panamanian Balboa?
Plerf to Panamanian Balboa is falling this week.Plerf's current market price is B/. 0.{4}6142 per PLERF, with a total market cap of B/. 0 PAB based on a circulating supply of -- PLERF. The trading volume of Plerf has changed by -90.22% (B/. -669.72 PAB) in the last 24 hours. Last trading day, PLERF's trading volume was B/. 742.35.
Market cap
$0
24h volume
$72.6289776
Circulating supply
0 PLERF
Conversion tables
The exchange rate of Plerf is increasing.1 PLERF is currently valued at B/. 0.{4}6142 PAB , which means buying 5 PLERF will cost B/. 0.0003071 PAB . Similarly, B/.1 PAB can be traded for 16,281.92 PLERF, and B/.50 PAB can be converted to 814,096.24 PLERF, excluding any platform or gas fees.
The exchange rate of 1 PLERF to Panamanian Balboa has changed by -12.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.57%, reaching a high of 0.{4}6190 PAB and a low of 0.{4}5710 PAB . One month ago, the value of 1 PLERF was B/. 0.{4}4366 PAB , which represents a +40.66% change from its current value. Over the last year, Plerf has changed by , resulting in a change of -94.84% in its value.
+B/.
0.{4}6142PABPLERF to PAB
Amount
20:39 today
0.5 PLERF
B/.0.{4}3071
1 PLERF
B/.0.{4}6142
5 PLERF
B/.0.0003071
10 PLERF
B/.0.0006142
50 PLERF
B/.0.003071
100 PLERF
B/.0.006142
500 PLERF
B/.0.03071
1000 PLERF
B/.0.06142
PAB to PLERF
Amount20:39 today
0.5PAB8,140.96 PLERF
1PAB16,281.92 PLERF
5PAB81,409.62 PLERF
10PAB162,819.25 PLERF
50PAB814,096.24 PLERF
100PAB1,628,192.48 PLERF
500PAB8,140,962.39 PLERF
1000PAB16,281,924.78 PLERF
Today vs. 24 hours ago
| Amount | 20:39 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PLERF | $0.{4}3071 | $0.{4}2855 | +7.57% |
| 1 PLERF | $0.{4}6142 | $0.{4}5710 | +7.57% |
| 5 PLERF | $0.0003071 | $0.0002855 | +7.57% |
| 10 PLERF | $0.0006142 | $0.0005710 | +7.57% |
| 50 PLERF | $0.003071 | $0.002855 | +7.57% |
| 100 PLERF | $0.006142 | $0.005710 | +7.57% |
| 500 PLERF | $0.03071 | $0.02855 | +7.57% |
| 1000 PLERF | $0.06142 | $0.05710 | +7.57% |
Today vs. 1 month ago
| Amount | 20:39 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PLERF | $0.{4}3071 | $0.{4}2183 | +40.66% |
| 1 PLERF | $0.{4}6142 | $0.{4}4366 | +40.66% |
| 5 PLERF | $0.0003071 | $0.0002183 | +40.66% |
| 10 PLERF | $0.0006142 | $0.0004366 | +40.66% |
| 50 PLERF | $0.003071 | $0.002183 | +40.66% |
| 100 PLERF | $0.006142 | $0.004366 | +40.66% |
| 500 PLERF | $0.03071 | $0.02183 | +40.66% |
| 1000 PLERF | $0.06142 | $0.04366 | +40.66% |
Today vs. 1 year ago
| Amount | 20:39 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PLERF | $0.{4}3071 | $0.00 | -94.84% |
| 1 PLERF | $0.{4}6142 | $0.00 | -94.84% |
| 5 PLERF | $0.0003071 | $0.00 | -94.84% |
| 10 PLERF | $0.0006142 | $0.00 | -94.84% |
| 50 PLERF | $0.003071 | $0.00 | -94.84% |
| 100 PLERF | $0.006142 | $0.00 | -94.84% |
| 500 PLERF | $0.03071 | $0.00 | -94.84% |
| 1000 PLERF | $0.06142 | $0.00 | -94.84% |
Plerf price prediction
What will the price of PLERF be in 2025?
Based on PLERF's historical price performance prediction model, the price of PLERF is projected to reach $0.0003404 in 2025.
What will the price of PLERF be in 2030?
In 2030, the PLERF price is expected to change by -13.00%. By the end of 2030, the PLERF price is projected to reach $0.0004995, with a cumulative ROI of +655.80%.
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Popular Plerf conversions
Check out these popular currency conversions of Plerf to several fiat currencies.
Plerf to USD
1 PLERF to $ 0.{4}6142 USD
Plerf to GBP
1 PLERF to £ 0.{4}4903 GBP
Plerf to EUR
1 PLERF to € 0.{4}5895 EUR
Plerf to KRW
1 PLERF to ₩ 0.08628 KRW
Plerf to CAD
1 PLERF to $ 0.{4}8587 CAD
Plerf to AUD
1 PLERF to $ 0.{4}9453 AUD
Plerf to JPY
1 PLERF to ¥ 0.009503 JPY
Plerf to BRL
1 PLERF to R$ 0.0003570 BRL
Plerf to CNY
1 PLERF to ¥ 0.0004454 CNY
Plerf to TWD
1 PLERF to NT$ 0.002000 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Plerf.
MAD to PAB
1 MAD to B/. 0.{4}6071 PAB
Harold to PAB
1 HAROLD to B/. 0.001535 PAB
Bitcoin to PAB
1 BTC to B/. 99,296.96 PAB
TARS AI to PAB
1 TAI to B/. 0.2071 PAB
EGO to PAB
1 EGO to B/. 0.01919 PAB
Just a chill guy to PAB
1 CHILLGUY to B/. 0.3309 PAB
Sharpe AI to PAB
1 SAI to B/. 0.03610 PAB
XRP to PAB
1 XRP to B/. 1.45 PAB
Stellar to PAB
1 XLM to B/. 0.3353 PAB
Solana to PAB
1 SOL to B/. 254.65 PAB
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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 Plerf 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 Plerf 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 Plerf 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.
