KFT
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 Knit Finance(KFT) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 KFT at a value of 1 KFT 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 Knit Finance currency pair is the KFT to PAB, with for Knit Finance's currency code being KFT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
KFT to PAB conversion rate trend
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In the past 1D, Knit Finance has changed +7.04% to PAB. Based on the trend and price charts, Knit Finance(KFT) has changed +7.04% to PAB while Panamanian Balboa(PAB) has changed % to KFT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.002299 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.002332 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/24 16:00:14(UTC+0)
How to buy Knit Finance
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 Knit Finance (KFT)
Use a variety of payment options to buy Knit Finance on Bitget. We'll show you how.
Buy KFT (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of KFT with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy KFT 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 KFT (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of KFT to PAB. However, you can first exchange KFT 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 Knit Finance to Panamanian Balboa?
Knit Finance to Panamanian Balboa is falling this week.Knit Finance's current market price is B/. 0.002328 per KFT, with a total market cap of B/. 11,408.94 PAB based on a circulating supply of 4,900,000 KFT. The trading volume of Knit Finance has changed by -86.52% (B/. -4,700.26 PAB) in the last 24 hours. Last trading day, KFT's trading volume was B/. 5,432.42.
Market cap
$11.41K
24h volume
$732.16584075
Circulating supply
4.90M KFT
Conversion tables
The exchange rate of Knit Finance is decreasing.1 KFT is currently valued at B/. 0.002328 PAB , which means buying 5 KFT will cost B/. 0.01164 PAB . Similarly, B/.1 PAB can be traded for 429.49 KFT, and B/.50 PAB can be converted to 21,474.38 KFT, excluding any platform or gas fees.
The exchange rate of 1 KFT to Panamanian Balboa has changed by -30.89% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.04%, reaching a high of 0.002336 PAB and a low of 0.002027 PAB . One month ago, the value of 1 KFT was B/. 0.003254 PAB , which represents a -28.44% change from its current value. Over the last year, Knit Finance has changed by , resulting in a change of -50.32% in its value.
-B/.
0.002358PABKFT to PAB
Amount
19:08 today
0.5 KFT
B/.0.001164
1 KFT
B/.0.002328
5 KFT
B/.0.01164
10 KFT
B/.0.02328
50 KFT
B/.0.1164
100 KFT
B/.0.2328
500 KFT
B/.1.16
1000 KFT
B/.2.33
PAB to KFT
Amount19:08 today
0.5PAB214.74 KFT
1PAB429.49 KFT
5PAB2,147.44 KFT
10PAB4,294.88 KFT
50PAB21,474.38 KFT
100PAB42,948.76 KFT
500PAB214,743.79 KFT
1000PAB429,487.59 KFT
Today vs. 24 hours ago
| Amount | 19:08 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 KFT | $0.001164 | $0.001088 | +7.04% |
| 1 KFT | $0.002328 | $0.002175 | +7.04% |
| 5 KFT | $0.01164 | $0.01088 | +7.04% |
| 10 KFT | $0.02328 | $0.02175 | +7.04% |
| 50 KFT | $0.1164 | $0.1088 | +7.04% |
| 100 KFT | $0.2328 | $0.2175 | +7.04% |
| 500 KFT | $1.16 | $1.09 | +7.04% |
| 1000 KFT | $2.33 | $2.18 | +7.04% |
Today vs. 1 month ago
| Amount | 19:08 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 KFT | $0.001164 | $0.001627 | -28.44% |
| 1 KFT | $0.002328 | $0.003254 | -28.44% |
| 5 KFT | $0.01164 | $0.01627 | -28.44% |
| 10 KFT | $0.02328 | $0.03254 | -28.44% |
| 50 KFT | $0.1164 | $0.1627 | -28.44% |
| 100 KFT | $0.2328 | $0.3254 | -28.44% |
| 500 KFT | $1.16 | $1.63 | -28.44% |
| 1000 KFT | $2.33 | $3.25 | -28.44% |
Today vs. 1 year ago
| Amount | 19:08 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 KFT | $0.001164 | $0.002343 | -50.32% |
| 1 KFT | $0.002328 | $0.004687 | -50.32% |
| 5 KFT | $0.01164 | $0.02343 | -50.32% |
| 10 KFT | $0.02328 | $0.04687 | -50.32% |
| 50 KFT | $0.1164 | $0.2343 | -50.32% |
| 100 KFT | $0.2328 | $0.4687 | -50.32% |
| 500 KFT | $1.16 | $2.34 | -50.32% |
| 1000 KFT | $2.33 | $4.69 | -50.32% |
Knit Finance price prediction
What will the price of KFT be in 2025?
Based on KFT's historical price performance prediction model, the price of KFT is projected to reach $0.004977 in 2025.
What will the price of KFT be in 2030?
In 2030, the KFT price is expected to change by -16.00%. By the end of 2030, the KFT price is projected to reach $0.005881, with a cumulative ROI of +82.43%.
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Popular Knit Finance conversions
Check out these popular currency conversions of Knit Finance to several fiat currencies.
Knit Finance to USD
1 KFT to $ 0.002328 USD
Knit Finance to GBP
1 KFT to £ 0.001858 GBP
Knit Finance to EUR
1 KFT to € 0.002235 EUR
Knit Finance to KRW
1 KFT to ₩ 3.27 KRW
Knit Finance to CAD
1 KFT to $ 0.003267 CAD
Knit Finance to AUD
1 KFT to $ 0.003580 AUD
Knit Finance to JPY
1 KFT to ¥ 0.3604 JPY
Knit Finance to BRL
1 KFT to R$ 0.01351 BRL
Knit Finance to CNY
1 KFT to ¥ 0.01689 CNY
Knit Finance to TWD
1 KFT to NT$ 0.07587 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Knit Finance.
Bitcoin to PAB
1 BTC to B/. 96,590.41 PAB
MAD to PAB
1 MAD to B/. 0.{4}4286 PAB
XRP to PAB
1 XRP to B/. 1.4 PAB
Stellar to PAB
1 XLM to B/. 0.5406 PAB
Kusama to PAB
1 KSM to B/. 40.4 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4210 PAB
Hedera to PAB
1 HBAR to B/. 0.1429 PAB
Cardano to PAB
1 ADA to B/. 0.9952 PAB
Polkadot to PAB
1 DOT to B/. 8.52 PAB
Solana to PAB
1 SOL to B/. 250.09 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 Knit Finance 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 Knit Finance 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 Knit Finance 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.
