


MKD 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.
QAI to MKD conversion rate trend
QAI to MKD market statistics
More info about QuantixAI on Bitget
Current QAI to MKD exchange rate
QuantixAI to Panamanian Balboa is falling this week.QAI to MKD Conversion tables
The exchange rate of QuantixAI is increasing.QAI to MKD
MKD to QAI
QAI to MKD Today vs. 24 hours ago
Amount | 10:30 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 QAI | ден2,366.45 | ден2,436.66 | -2.89% |
1 QAI | ден4,732.89 | ден4,873.31 | -2.89% |
5 QAI | ден23,664.46 | ден24,366.57 | -2.89% |
10 QAI | ден47,328.93 | ден48,733.14 | -2.89% |
50 QAI | ден236,644.65 | ден243,665.7 | -2.89% |
100 QAI | ден473,289.29 | ден487,331.4 | -2.89% |
500 QAI | ден2,366,446.46 | ден2,436,657.01 | -2.89% |
1000 QAI | ден4,732,892.92 | ден4,873,314.03 | -2.89% |
QAI to MKD Today vs. 1 month ago
Amount | 10:30 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 QAI | ден2,366.45 | ден2,001.14 | +18.29% |
1 QAI | ден4,732.89 | ден4,002.28 | +18.29% |
5 QAI | ден23,664.46 | ден20,011.4 | +18.29% |
10 QAI | ден47,328.93 | ден40,022.8 | +18.29% |
50 QAI | ден236,644.65 | ден200,114.01 | +18.29% |
100 QAI | ден473,289.29 | ден400,228.03 | +18.29% |
500 QAI | ден2,366,446.46 | ден2,001,140.14 | +18.29% |
1000 QAI | ден4,732,892.92 | ден4,002,280.28 | +18.29% |
QAI to MKD Today vs. 1 year ago
Amount | 10:30 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 QAI | ден2,366.45 | ден64.34 | +3835.70% |
1 QAI | ден4,732.89 | ден128.67 | +3835.70% |
5 QAI | ден23,664.46 | ден643.37 | +3835.70% |
10 QAI | ден47,328.93 | ден1,286.73 | +3835.70% |
50 QAI | ден236,644.65 | ден6,433.66 | +3835.70% |
100 QAI | ден473,289.29 | ден12,867.33 | +3835.70% |
500 QAI | ден2,366,446.46 | ден64,336.65 | +3835.70% |
1000 QAI | ден4,732,892.92 | ден128,673.29 | +3835.70% |
How to convert QAI to MKD



Buy QAI (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|
Sell QAI (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|
What factors influence the conversion rate of QAI to MKD?
QuantixAI price prediction
What will the price of QAI be in 2026?
What will the price of QAI be in 2031?
Other crypto price predictions










Bitget Earn
APR
Purchase other cryptocurrencies with similar market cap
Popular QuantixAI Converter









Popular cryptocurrencies to MKD










Discover more cryptocurrencies
Latest coin listings on Bitget
FAQ
What is a cryptocurrency calculator?
How does a cryptocurrency calculator work?
How accurate is a cryptocurrency calculator?
Can I trust the results of a cryptocurrency calculator?
Can I use a cryptocurrency calculator for tax purposes?
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
