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WEGLD to PAB Converter and calculator

WEGLD/PAB: 1 WEGLD = 17.36 PAB. The price of converting 1 Wrapped EGLD (WEGLD) to Panamanian Balboa (PAB) is 17.36 PAB today.
WEGLD
WEGLD
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides WEGLD to PAB real-time exchange rates, making it easy to convert Wrapped EGLD (WEGLD) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 WEGLD is currently valued at 17.36 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WEGLD is currently valued at 17.36 PAB, which means buying 5 WEGLD would cost 86.79 PAB. Similarly, B/.1 PAB can be converted to 0.05761 WEGLD, and B/.50 PAB can be converted to 0.2881 WEGLD, excluding any platform or gas fees.

Convert WEGLD to PAB

Convert PAB to WEGLD

Wrapped EGLD
Panamanian Balboa
100 WEGLD
1,735.78  PAB
200 WEGLD
3,471.56  PAB
500 WEGLD
8,678.89  PAB
1000 WEGLD
17,357.78  PAB
5000 WEGLD
86,788.92  PAB
10000 WEGLD
173,577.84  PAB
In the table above, you'll find a comprehensive WEGLD to PAB converter that shows the value of Wrapped EGLD in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 WEGLD to PAB, all the way up to 10000 WEGLD, providing a clear view of their respective values.
Panamanian Balboa
Wrapped EGLD
50000 PAB
2,880.55 WEGLD
100000 PAB
5,761.1 WEGLD
In the table above, you'll find a comprehensive PAB to WEGLD converter that shows the value of Panamanian Balboa in Wrapped EGLD across commonly used conversion amounts. The list covers conversions from 1 PAB to WEGLD, all the way up to 100000 PAB, providing a clear view of their respective values.

WEGLD to PAB chart

WEGLD/PAB: 1 WEGLD = 17.36 PAB; 2025/04/28 17:46:55
In the past 1D, Wrapped EGLD has changed -0.32% to PAB. Based on the trend and price charts, Wrapped EGLD(WEGLD) has changed -0.32% to PAB while Panamanian Balboa(PAB) has changed % to WEGLD in the last 24 hours.
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WEGLD to PAB conversion data: Volatility and price changes of Wrapped EGLD in PAB

The highest Wrapped EGLD price in PAB over the past 7 days was 34.07 PAB while the lowest Wrapped EGLD price in PAB over the past 7 days was 27.64 PAB. The relative change between the highs and lows in Wrapped EGLD price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and WEGLD 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
30.6 PAB
34.07 PAB
43.11 PAB
64.71 PAB
Low
29.31 PAB
27.64 PAB
27.63 PAB
27.63 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-0.32%
-11.05%
-30.85%
-49.99%

Wrapped EGLD information

WEGLD to PAB market statistics

WEGLD/PAB:
B/.17.36
WEGLD 24h volume:
B/.780,133.64
WEGLD market cap:
B/.5,207,335.28
WEGLD circulating supply:
300.00K WEGLD

Current WEGLD to PAB exchange rate

Wrapped EGLD to Panamanian Balboa is falling this week.
Wrapped EGLD's current market price is B/.17.36 per WEGLD, with a total market cap of B/.5,207,335.28 PAB based on a circulating supply of 300,000 WEGLD. The trading volume of Wrapped EGLD has changed by +53.49% (B/.271,882.4 PAB) in the last 24 hours. Last trading day, WEGLD's trading volume was B/.508,251.24.

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

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How to convert WEGLD to PAB

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WEGLD to PAB Conversion tables

The exchange rate of Wrapped EGLD is decreasing.
The exchange rate of 1 WEGLD to Panamanian Balboa has changed by -11.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.32%, reaching a high of 30.6 PAB and a low of 29.31 PAB . One month ago, the value of 1 WEGLD was B/.30.47 PAB , which represents a -30.85% change from its current value. Over the last year, Wrapped EGLD has changed by
-B/.
2.62PAB
, resulting in a change of -8.17% in its value.
24 hours ago1 month ago1 year ago
Amount17:46 today24 hours ago24h change
0.5 WEGLDB/.8.68B/.8.73
-0.32%
1 WEGLDB/.17.36B/.17.45
-0.32%
5 WEGLDB/.86.79B/.87.26
-0.32%
10 WEGLDB/.173.58B/.174.53
-0.32%
50 WEGLDB/.867.89B/.872.63
-0.32%
100 WEGLDB/.1,735.78B/.1,745.26
-0.32%
500 WEGLDB/.8,678.89B/.8,726.28
-0.32%
1000 WEGLDB/.17,357.78B/.17,452.57
-0.32%

WEGLD to PAB FAQ

How much is 1 Wrapped EGLD in PAB?
Right now, the price of 1 Wrapped EGLD (WEGLD) in Panamanian Balboa (PAB) is B/.17.36.
How much WEGLD can I buy for 1 PAB?
Based on the current exchange rate, you can get 0.05761 WEGLD for 1 PAB.
How do I calculate or convert WEGLD to PAB?
You can use our WEGLD to PAB calculator at the top of this page to convert any amount of WEGLD to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 0.2881 WEGLD, while 5 WEGLD will cost around 86.79PAB.
What is the highest price of WEGLD/PAB in history?
The all-time high price of 1 WEGLD in PAB is B/.252.58. It remains to be seen if the value of 1 WEGLD/PAB will exceed the current all-time high.
What is the price trend of Wrapped EGLD in PAB?
Over the past 7 days, the exchange rate of Wrapped EGLD (WEGLD) has gone down by 11.05%.   Over the last month, the exchange rate of Wrapped EGLD (WEGLD) has gone down by 30.85% against Panamanian Balboa (PAB).

What factors influence the conversion rate of WEGLD to PAB?

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

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