IBS
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 IBStoken(IBS) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 IBS at a value of 1 IBS 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 IBStoken currency pair is the IBS to PAB, with for IBStoken's currency code being IBS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
IBS to PAB conversion rate trend
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In the past 1D, IBStoken has changed +3.30% to PAB. Based on the trend and price charts, IBStoken(IBS) has changed +3.30% to PAB while Panamanian Balboa(PAB) has changed % to IBS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.001013 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:31:15(UTC+0)
How to buy IBStoken
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 IBStoken (IBS)
Use a variety of payment options to buy IBStoken on Bitget. We'll show you how.
Buy IBS (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of IBS with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy IBS 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 IBS (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of IBS to PAB. However, you can first exchange IBS 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 IBStoken to Panamanian Balboa?
IBStoken to Panamanian Balboa is rising this week.IBStoken's current market price is B/. 0.001018 per IBS, with a total market cap of B/. 1,097,851.57 PAB based on a circulating supply of 1,078,331,500 IBS. The trading volume of IBStoken has changed by +26.52% (B/. 2,322.42 PAB) in the last 24 hours. Last trading day, IBS's trading volume was B/. 8,756.95.
Market cap
$1.10M
24h volume
$11.08K
Circulating supply
1.08B IBS
Conversion tables
The exchange rate of IBStoken is decreasing.1 IBS is currently valued at B/. 0.001018 PAB , which means buying 5 IBS will cost B/. 0.005091 PAB . Similarly, B/.1 PAB can be traded for 982.22 IBS, and B/.50 PAB can be converted to 49,110.99 IBS, excluding any platform or gas fees.
The exchange rate of 1 IBS to Panamanian Balboa has changed by -22.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.30%, reaching a high of 0.001019 PAB and a low of 0.0009723 PAB . One month ago, the value of 1 IBS was B/. 0.001315 PAB , which represents a -22.60% change from its current value. Over the last year, IBStoken has changed by , resulting in a change of +19.74% in its value.
+B/.
0.0001678PABIBS to PAB
Amount
22:34 today
0.5 IBS
B/.0.0005091
1 IBS
B/.0.001018
5 IBS
B/.0.005091
10 IBS
B/.0.01018
50 IBS
B/.0.05091
100 IBS
B/.0.1018
500 IBS
B/.0.5091
1000 IBS
B/.1.02
PAB to IBS
Amount22:34 today
0.5PAB491.11 IBS
1PAB982.22 IBS
5PAB4,911.1 IBS
10PAB9,822.2 IBS
50PAB49,110.99 IBS
100PAB98,221.99 IBS
500PAB491,109.93 IBS
1000PAB982,219.86 IBS
Today vs. 24 hours ago
| Amount | 22:34 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 IBS | $0.0005091 | $0.0004928 | +3.30% |
| 1 IBS | $0.001018 | $0.0009856 | +3.30% |
| 5 IBS | $0.005091 | $0.004928 | +3.30% |
| 10 IBS | $0.01018 | $0.009856 | +3.30% |
| 50 IBS | $0.05091 | $0.04928 | +3.30% |
| 100 IBS | $0.1018 | $0.09856 | +3.30% |
| 500 IBS | $0.5091 | $0.4928 | +3.30% |
| 1000 IBS | $1.02 | $0.9856 | +3.30% |
Today vs. 1 month ago
| Amount | 22:34 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 IBS | $0.0005091 | $0.0006577 | -22.60% |
| 1 IBS | $0.001018 | $0.001315 | -22.60% |
| 5 IBS | $0.005091 | $0.006577 | -22.60% |
| 10 IBS | $0.01018 | $0.01315 | -22.60% |
| 50 IBS | $0.05091 | $0.06577 | -22.60% |
| 100 IBS | $0.1018 | $0.1315 | -22.60% |
| 500 IBS | $0.5091 | $0.6577 | -22.60% |
| 1000 IBS | $1.02 | $1.32 | -22.60% |
Today vs. 1 year ago
| Amount | 22:34 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 IBS | $0.0005091 | $0.0004252 | +19.74% |
| 1 IBS | $0.001018 | $0.0008503 | +19.74% |
| 5 IBS | $0.005091 | $0.004252 | +19.74% |
| 10 IBS | $0.01018 | $0.008503 | +19.74% |
| 50 IBS | $0.05091 | $0.04252 | +19.74% |
| 100 IBS | $0.1018 | $0.08503 | +19.74% |
| 500 IBS | $0.5091 | $0.4252 | +19.74% |
| 1000 IBS | $1.02 | $0.8503 | +19.74% |
IBStoken price prediction
What will the price of IBS be in 2025?
Based on IBS's historical price performance prediction model, the price of IBS is projected to reach $0.001391 in 2025.
What will the price of IBS be in 2030?
In 2030, the IBS price is expected to change by -3.00%. By the end of 2030, the IBS price is projected to reach $0.002802, with a cumulative ROI of +184.29%.
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Popular IBStoken conversions
Check out these popular currency conversions of IBStoken to several fiat currencies.
IBStoken to USD
1 IBS to $ 0.001018 USD
IBStoken to GBP
1 IBS to £ 0.0008103 GBP
IBStoken to EUR
1 IBS to € 0.0009761 EUR
IBStoken to KRW
1 IBS to ₩ 1.47 KRW
IBStoken to CAD
1 IBS to $ 0.001463 CAD
IBStoken to AUD
1 IBS to $ 0.001627 AUD
IBStoken to JPY
1 IBS to ¥ 0.1593 JPY
IBStoken to BRL
1 IBS to R$ 0.006196 BRL
IBStoken to CNY
1 IBS to ¥ 0.007427 CNY
IBStoken to TWD
1 IBS to NT$ 0.03322 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in IBStoken.
Hive to PAB
1 HIVE to B/. 0.3485 PAB
Peanut the Squirrel to PAB
1 PNUT to B/. 0.7133 PAB
BitTorrent [New] to PAB
1 BTT to B/. 0.{5}1125 PAB
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
FTX Token to PAB
1 FTT to B/. 2.89 PAB
Just a chill guy to PAB
1 CHILLGUY to B/. 0.1806 PAB
Steem to PAB
1 STEEM to B/. 0.2353 PAB
Bitcoin to PAB
1 BTC to B/. 94,903.05 PAB
Livepeer to PAB
1 LPT to B/. 15.58 PAB
LUCE to PAB
1 LUCE to B/. 0.08463 PAB
Shoggoth (shoggoth.monster) to PAB
1 SHOGGOTH to B/. 0.04756 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 IBStoken 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 IBStoken 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 IBStoken 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.
