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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.59%
New listings on Bitget: Pi Network
BTC/USDT$77370.33 (-1.97%)Fear and Greed Index18(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$326.3M (1D); -$595.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.59%
New listings on Bitget: Pi Network
BTC/USDT$77370.33 (-1.97%)Fear and Greed Index18(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$326.3M (1D); -$595.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
VVV
PAB
Last updated as of 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 Venice Token(VVV) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 VVV at a value of 1 VVV for 1.93 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 Venice Token currency pair is the VVV to PAB, with for Venice Token's currency code being VVV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
VVV to PAB conversion rate trend
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In the past 1D, Venice Token has changed -5.88% to PAB. Based on the trend and price charts, Venice Token(VVV) has changed -5.88% to PAB while Panamanian Balboa(PAB) has changed % to VVV in the last 24 hours.
VVV to PAB market statistics
VVV/PAB:
B/. 1.93
VVV 24h volume:
B/. 15,949,224.01
VVV market cap:
B/. 55,505,615.04
VVV circulating supply:
28.72M VVV
More info about Venice Token on Bitget
Current VVV to PAB exchange rate
Venice Token to Panamanian Balboa is falling this week.Venice Token's current market price is B/. 1.93 per VVV, with a total market cap of B/. 55,505,615.04 PAB based on a circulating supply of 28,722,996 VVV. The trading volume of Venice Token has changed by -7.30% (B/. -1,255,330.31 PAB) in the last 24 hours. Last trading day, VVV's trading volume was B/. 17,204,554.31.
VVV to PAB Conversion tables
The exchange rate of Venice Token is decreasing.1 VVV is currently valued at B/. 1.93 PAB , which means buying 5 VVV will cost B/. 9.66 PAB . Similarly, B/.1 PAB can be traded for 0.5175 VVV, and B/.50 PAB can be converted to 25.87 VVV, excluding any platform or gas fees.
The exchange rate of 1 VVV to Panamanian Balboa has changed by -27.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.88%, reaching a high of 2.1 PAB and a low of 1.83 PAB . One month ago, the value of 1 VVV was B/. 2.97 PAB , which represents a -34.89% change from its current value. Over the last year, Venice Token has changed by , resulting in a change of -77.14% in its value.
+B/.
0.9329PABVVV to PAB
Amount
10:02 am today
0.5 VVV
B/.0.9662
1 VVV
B/.1.93
5 VVV
B/.9.66
10 VVV
B/.19.32
50 VVV
B/.96.62
100 VVV
B/.193.24
500 VVV
B/.966.22
1000 VVV
B/.1,932.45
PAB to VVV
Amount10:02 am today
0.5PAB0.2587 VVV
1PAB0.5175 VVV
5PAB2.59 VVV
10PAB5.17 VVV
50PAB25.87 VVV
100PAB51.75 VVV
500PAB258.74 VVV
1000PAB517.48 VVV
VVV to PAB Today vs. 24 hours ago
| Amount | 10:02 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VVV | B/.0.9662 | B/.1.03 | -5.88% |
| 1 VVV | B/.1.93 | B/.2.05 | -5.88% |
| 5 VVV | B/.9.66 | B/.10.27 | -5.88% |
| 10 VVV | B/.19.32 | B/.20.53 | -5.88% |
| 50 VVV | B/.96.62 | B/.102.66 | -5.88% |
| 100 VVV | B/.193.24 | B/.205.31 | -5.88% |
| 500 VVV | B/.966.22 | B/.1,026.55 | -5.88% |
| 1000 VVV | B/.1,932.45 | B/.2,053.1 | -5.88% |
VVV to PAB Today vs. 1 month ago
| Amount | 10:02 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VVV | B/.0.9662 | B/.1.48 | -34.89% |
| 1 VVV | B/.1.93 | B/.2.97 | -34.89% |
| 5 VVV | B/.9.66 | B/.14.84 | -34.89% |
| 10 VVV | B/.19.32 | B/.29.68 | -34.89% |
| 50 VVV | B/.96.62 | B/.148.41 | -34.89% |
| 100 VVV | B/.193.24 | B/.296.83 | -34.89% |
| 500 VVV | B/.966.22 | B/.1,484.13 | -34.89% |
| 1000 VVV | B/.1,932.45 | B/.2,968.26 | -34.89% |
VVV to PAB Today vs. 1 year ago
| Amount | 10:02 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VVV | B/.0.9662 | B/.-0.0002506 | -77.14% |
| 1 VVV | B/.1.93 | B/.-0.0005013 | -77.14% |
| 5 VVV | B/.9.66 | B/.-0.002506 | -77.14% |
| 10 VVV | B/.19.32 | B/.-0.005013 | -77.14% |
| 50 VVV | B/.96.62 | B/.-0.02506 | -77.14% |
| 100 VVV | B/.193.24 | B/.-0.05013 | -77.14% |
| 500 VVV | B/.966.22 | B/.-0.2506 | -77.14% |
| 1000 VVV | B/.1,932.45 | B/.-0.5013 | -77.14% |
How to convert VVV to PAB
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Convert VVV to PAB
Use a variety of payment options to buy Venice Token on Bitget. We'll show you how.
Buy VVV (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of VVV with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy VVV 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 VVV (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of VVV to PAB. However, you can first exchange VVV 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 VVV to PAB?
There are many factors that affect the relationship between Venice Token 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 VVV/PAB. When there is positive news in the market about the widespread adoption of VVV or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VVV/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VVV/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.
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 VVV/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 Venice Token and adjust their investment strategies accordingly in the evolving market.
Venice Token price prediction
What will the price of VVV be in 2026?
Based on VVV's historical price performance prediction model, the price of VVV is projected to reach $3.47 in 2026.
What will the price of VVV be in 2031?
In 2031, the VVV price is expected to change by +29.00%. By the end of 2031, the VVV price is projected to reach $7.77, with a cumulative ROI of +312.08%.
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Popular Venice Token Converter
Check out these popular currency conversions of Venice Token to several fiat currencies.
VVV to TWD
1 VVV to NT$ 63.77 TWD
VVV to CNY
1 VVV to ¥ 14.22 CNY
VVV to USD
1 VVV to $ 1.93 USD
VVV to PAB
1 VVV to B/. 1.93 PAB
VVV to EUR
1 VVV to € 1.75 EUR
VVV to CAD
1 VVV to $ 2.75 CAD
VVV to KRW
1 VVV to ₩ 2,860.34 KRW
VVV to JPY
1 VVV to ¥ 280.99 JPY
VVV to GBP
1 VVV to £ 1.51 GBP
VVV to BRL
1 VVV to R$ 11.71 BRL
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Venice Token.
FORTH to PAB
1 FORTH to B/. 3.06 PAB
AERGO to PAB
1 AERGO to B/. 0.1298 PAB
VIDT to PAB
1 VIDT to B/. 0.02019 PAB
AQT to PAB
1 AQT to B/. 1.2 PAB
GAS to PAB
1 GAS to B/. 2.59 PAB
ARDR to PAB
1 ARDR to B/. 0.07011 PAB
NEO to PAB
1 NEO to B/. 5.44 PAB
ONG to PAB
1 ONG to B/. 0.1788 PAB
MUBARAK to PAB
1 MUBARAK to B/. 0.03101 PAB
IOST to PAB
1 IOST to B/. 0.003247 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 Venice Token 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 Venice Token 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 Venice Token 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.
