DAW
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 Daw Currency(DAW) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 DAW at a value of 1 DAW for 19.97 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 Daw Currency currency pair is the DAW to PAB, with for Daw Currency's currency code being DAW. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
DAW to PAB conversion rate trend
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In the past 1D, Daw Currency has changed +0.06% to PAB. Based on the trend and price charts, Daw Currency(DAW) has changed +0.06% to PAB while Panamanian Balboa(PAB) has changed % to DAW in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.19.97 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:32:10(UTC+0)
How to buy Daw Currency
Create Your Free Bitget Account
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 Daw Currency (DAW)
Use a variety of payment options to buy Daw Currency on Bitget. We'll show you how.
Buy DAW (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of DAW with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy DAW 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 DAW (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of DAW to PAB. However, you can first exchange DAW 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 Daw Currency to Panamanian Balboa?
Daw Currency to Panamanian Balboa is falling this week.Daw Currency's current market price is B/. 19.97 per DAW, with a total market cap of B/. 0 PAB based on a circulating supply of -- DAW. The trading volume of Daw Currency has changed by +1595.79% (B/. 151,407.45 PAB) in the last 24 hours. Last trading day, DAW's trading volume was B/. 9,487.93.
Market cap
$0
24h volume
$160.90K
Circulating supply
0 DAW
Conversion tables
The exchange rate of Daw Currency is decreasing.1 DAW is currently valued at B/. 19.97 PAB , which means buying 5 DAW will cost B/. 99.84 PAB . Similarly, B/.1 PAB can be traded for 0.05008 DAW, and B/.50 PAB can be converted to 2.5 DAW, excluding any platform or gas fees.
The exchange rate of 1 DAW to Panamanian Balboa has changed by -95.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.06%, reaching a high of 20 PAB and a low of 18.09 PAB . One month ago, the value of 1 DAW was B/. 68.25 PAB , which represents a -70.74% change from its current value. Over the last year, Daw Currency has changed by , resulting in a change of +67161360.00% in its value.
+B/.
9.97PABDAW to PAB
Amount
09:07 am today
0.5 DAW
B/.9.98
1 DAW
B/.19.97
5 DAW
B/.99.84
10 DAW
B/.199.67
50 DAW
B/.998.37
100 DAW
B/.1,996.75
500 DAW
B/.9,983.74
1000 DAW
B/.19,967.47
PAB to DAW
Amount09:07 am today
0.5PAB0.02504 DAW
1PAB0.05008 DAW
5PAB0.2504 DAW
10PAB0.5008 DAW
50PAB2.5 DAW
100PAB5.01 DAW
500PAB25.04 DAW
1000PAB50.08 DAW
Today vs. 24 hours ago
| Amount | 09:07 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DAW | $9.98 | $9.98 | +0.06% |
| 1 DAW | $19.97 | $19.95 | +0.06% |
| 5 DAW | $99.84 | $99.77 | +0.06% |
| 10 DAW | $199.67 | $199.55 | +0.06% |
| 50 DAW | $998.37 | $997.74 | +0.06% |
| 100 DAW | $1,996.75 | $1,995.49 | +0.06% |
| 500 DAW | $9,983.74 | $9,977.44 | +0.06% |
| 1000 DAW | $19,967.47 | $19,954.88 | +0.06% |
Today vs. 1 month ago
| Amount | 09:07 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DAW | $9.98 | $34.12 | -70.74% |
| 1 DAW | $19.97 | $68.25 | -70.74% |
| 5 DAW | $99.84 | $341.23 | -70.74% |
| 10 DAW | $199.67 | $682.45 | -70.74% |
| 50 DAW | $998.37 | $3,412.27 | -70.74% |
| 100 DAW | $1,996.75 | $6,824.54 | -70.74% |
| 500 DAW | $9,983.74 | $34,122.71 | -70.74% |
| 1000 DAW | $19,967.47 | $68,245.42 | -70.74% |
Today vs. 1 year ago
| Amount | 09:07 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DAW | $9.98 | $-0.001945 | +67161360.00% |
| 1 DAW | $19.97 | $-0.003889 | +67161360.00% |
| 5 DAW | $99.84 | $-0.01945 | +67161360.00% |
| 10 DAW | $199.67 | $-0.03889 | +67161360.00% |
| 50 DAW | $998.37 | $-0.1945 | +67161360.00% |
| 100 DAW | $1,996.75 | $-0.3889 | +67161360.00% |
| 500 DAW | $9,983.74 | $-1.9445 | +67161360.00% |
| 1000 DAW | $19,967.47 | $-3.8891 | +67161360.00% |
Daw Currency price prediction
What will the price of DAW be in 2025?
Based on DAW's historical price performance prediction model, the price of DAW is projected to reach $368.85 in 2025.
What will the price of DAW be in 2030?
In 2030, the DAW price is expected to change by +8.00%. By the end of 2030, the DAW price is projected to reach $653.1, with a cumulative ROI of +125.05%.
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Popular Daw Currency conversions
Check out these popular currency conversions of Daw Currency to several fiat currencies.
Daw Currency to USD
1 DAW to $ 19.97 USD
Daw Currency to GBP
1 DAW to £ 15.89 GBP
Daw Currency to EUR
1 DAW to € 19.13 EUR
Daw Currency to KRW
1 DAW to ₩ 29,001.36 KRW
Daw Currency to CAD
1 DAW to $ 28.7 CAD
Daw Currency to AUD
1 DAW to $ 31.94 AUD
Daw Currency to JPY
1 DAW to ¥ 3,130.33 JPY
Daw Currency to BRL
1 DAW to R$ 121.41 BRL
Daw Currency to CNY
1 DAW to ¥ 145.82 CNY
Daw Currency to TWD
1 DAW to NT$ 653.19 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Daw Currency.
Bitcoin to PAB
1 BTC to B/. 95,458.41 PAB
Peanut the Squirrel to PAB
1 PNUT to B/. 0.6913 PAB
Verge to PAB
1 XVG to B/. 0.01269 PAB
Steem to PAB
1 STEEM to B/. 0.2176 PAB
Hive to PAB
1 HIVE to B/. 0.3250 PAB
QuarkChain to PAB
1 QKC to B/. 0.01250 PAB
Aave to PAB
1 AAVE to B/. 335.11 PAB
MovieBloc to PAB
1 MBL to B/. 0.003709 PAB
Algorand to PAB
1 ALGO to B/. 0.3674 PAB
Livepeer to PAB
1 LPT to B/. 15.4 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 Daw Currency 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 Daw Currency 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 Daw Currency 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.
