MEX
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 xExchange(MEX) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 MEX at a value of 1 MEX 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 xExchange currency pair is the MEX to PAB, with for xExchange's currency code being MEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
MEX to PAB conversion rate trend
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In the past 1D, xExchange has changed -10.56% to PAB. Based on the trend and price charts, xExchange(MEX) has changed -10.56% to PAB while Panamanian Balboa(PAB) has changed % to MEX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{5}4219 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/19 00:32:11(UTC+0)
How to buy xExchange
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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 xExchange (MEX)
Use a variety of payment options to buy xExchange on Bitget. We'll show you how.
Buy MEX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of MEX with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy MEX 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 MEX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of MEX to PAB. However, you can first exchange MEX 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 xExchange to Panamanian Balboa?
xExchange to Panamanian Balboa is falling this week.xExchange's current market price is B/. 0.{5}4121 per MEX, with a total market cap of B/. 0 PAB based on a circulating supply of -- MEX. The trading volume of xExchange has changed by +48.30% (B/. 108,806.4 PAB) in the last 24 hours. Last trading day, MEX's trading volume was B/. 225,255.73.
Market cap
$0
24h volume
$334.06K
Circulating supply
0 MEX
Conversion tables
The exchange rate of xExchange is increasing.1 MEX is currently valued at B/. 0.{5}4121 PAB , which means buying 5 MEX will cost B/. 0.{4}2061 PAB . Similarly, B/.1 PAB can be traded for 242,652.07 MEX, and B/.50 PAB can be converted to 12,132,603.53 MEX, excluding any platform or gas fees.
The exchange rate of 1 MEX to Panamanian Balboa has changed by -23.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.56%, reaching a high of 0.{5}4620 PAB and a low of 0.{5}4118 PAB . One month ago, the value of 1 MEX was B/. 0.{5}3745 PAB , which represents a +10.04% change from its current value. Over the last year, xExchange has changed by , resulting in a change of -50.32% in its value.
-B/.
0.{5}4170PABMEX to PAB
Amount
06:32 am today
0.5 MEX
B/.0.{5}2061
1 MEX
B/.0.{5}4121
5 MEX
B/.0.{4}2061
10 MEX
B/.0.{4}4121
50 MEX
B/.0.0002061
100 MEX
B/.0.0004121
500 MEX
B/.0.002061
1000 MEX
B/.0.004121
PAB to MEX
Amount06:32 am today
0.5PAB121,326.04 MEX
1PAB242,652.07 MEX
5PAB1,213,260.35 MEX
10PAB2,426,520.71 MEX
50PAB12,132,603.53 MEX
100PAB24,265,207.07 MEX
500PAB121,326,035.33 MEX
1000PAB242,652,070.66 MEX
Today vs. 24 hours ago
| Amount | 06:32 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MEX | $0.{5}2061 | $0.{5}2303 | -10.56% |
| 1 MEX | $0.{5}4121 | $0.{5}4607 | -10.56% |
| 5 MEX | $0.{4}2061 | $0.{4}2303 | -10.56% |
| 10 MEX | $0.{4}4121 | $0.{4}4607 | -10.56% |
| 50 MEX | $0.0002061 | $0.0002303 | -10.56% |
| 100 MEX | $0.0004121 | $0.0004607 | -10.56% |
| 500 MEX | $0.002061 | $0.002303 | -10.56% |
| 1000 MEX | $0.004121 | $0.004607 | -10.56% |
Today vs. 1 month ago
| Amount | 06:32 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MEX | $0.{5}2061 | $0.{5}1873 | +10.04% |
| 1 MEX | $0.{5}4121 | $0.{5}3745 | +10.04% |
| 5 MEX | $0.{4}2061 | $0.{4}1873 | +10.04% |
| 10 MEX | $0.{4}4121 | $0.{4}3745 | +10.04% |
| 50 MEX | $0.0002061 | $0.0001873 | +10.04% |
| 100 MEX | $0.0004121 | $0.0003745 | +10.04% |
| 500 MEX | $0.002061 | $0.001873 | +10.04% |
| 1000 MEX | $0.004121 | $0.003745 | +10.04% |
Today vs. 1 year ago
| Amount | 06:32 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MEX | $0.{5}2061 | $0.{5}4145 | -50.32% |
| 1 MEX | $0.{5}4121 | $0.{5}8291 | -50.32% |
| 5 MEX | $0.{4}2061 | $0.{4}4145 | -50.32% |
| 10 MEX | $0.{4}4121 | $0.{4}8291 | -50.32% |
| 50 MEX | $0.0002061 | $0.0004145 | -50.32% |
| 100 MEX | $0.0004121 | $0.0008291 | -50.32% |
| 500 MEX | $0.002061 | $0.004145 | -50.32% |
| 1000 MEX | $0.004121 | $0.008291 | -50.32% |
xExchange price prediction
What will the price of MEX be in 2025?
Based on MEX's historical price performance prediction model, the price of MEX is projected to reach $0.{5}6077 in 2025.
What will the price of MEX be in 2030?
In 2030, the MEX price is expected to change by -14.00%. By the end of 2030, the MEX price is projected to reach $0.{5}5091, with a cumulative ROI of +24.23%.
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Popular xExchange conversions
Check out these popular currency conversions of xExchange to several fiat currencies.
xExchange to USD
1 MEX to $ 0.{5}4121 USD
xExchange to GBP
1 MEX to £ 0.{5}3275 GBP
xExchange to EUR
1 MEX to € 0.{5}3971 EUR
xExchange to KRW
1 MEX to ₩ 0.005971 KRW
xExchange to CAD
1 MEX to $ 0.{5}5950 CAD
xExchange to AUD
1 MEX to $ 0.{5}6621 AUD
xExchange to JPY
1 MEX to ¥ 0.0006398 JPY
xExchange to BRL
1 MEX to R$ 0.{4}2592 BRL
xExchange to CNY
1 MEX to ¥ 0.{4}3008 CNY
xExchange to TWD
1 MEX to NT$ 0.0001347 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in xExchange.
Bitcoin to PAB
1 BTC to B/. 101,030.67 PAB
Ethereum to PAB
1 ETH to B/. 3,665.52 PAB
Dogecoin to PAB
1 DOGE to B/. 0.3609 PAB
XRP to PAB
1 XRP to B/. 2.35 PAB
Usual to PAB
1 USUAL to B/. 1.14 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}1910 PAB
Hedera to PAB
1 HBAR to B/. 0.2721 PAB
Sui to PAB
1 SUI to B/. 4.37 PAB
Shiba Inu to PAB
1 SHIB to B/. 0.{4}2402 PAB
Chainlink to PAB
1 LINK to B/. 24.49 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 xExchange 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 xExchange 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 xExchange 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.
