LIB
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 Librium Tech(LIB) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 LIB at a value of 1 LIB 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 Librium Tech currency pair is the LIB to PAB, with for Librium Tech's currency code being LIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
LIB to PAB conversion rate trend
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In the past 1D, Librium Tech has changed +1.44% to PAB. Based on the trend and price charts, Librium Tech(LIB) has changed +1.44% to PAB while Panamanian Balboa(PAB) has changed % to LIB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.0005129 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/23 08:35:27(UTC+0)
How to buy Librium Tech
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Librium Tech (LIB)
Use a variety of payment options to buy Librium Tech on Bitget. We'll show you how.
Buy LIB (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of LIB with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy LIB 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 LIB (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of LIB to PAB. However, you can first exchange LIB 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 Librium Tech to Panamanian Balboa?
Librium Tech to Panamanian Balboa is falling this week.Librium Tech's current market price is B/. 0.0005129 per LIB, with a total market cap of B/. 0 PAB based on a circulating supply of -- LIB. The trading volume of Librium Tech has changed by -97.16% (B/. -1,084.40 PAB) in the last 24 hours. Last trading day, LIB's trading volume was B/. 1,116.14.
Market cap
$0
24h volume
$31.73842928
Circulating supply
0 LIB
Conversion tables
The exchange rate of Librium Tech is decreasing.1 LIB is currently valued at B/. 0.0005129 PAB , which means buying 5 LIB will cost B/. 0.002564 PAB . Similarly, B/.1 PAB can be traded for 1,949.73 LIB, and B/.50 PAB can be converted to 97,486.28 LIB, excluding any platform or gas fees.
The exchange rate of 1 LIB to Panamanian Balboa has changed by -66.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.44%, reaching a high of 0.0005129 PAB and a low of 0.0005027 PAB . One month ago, the value of 1 LIB was B/. 0.001783 PAB , which represents a -71.23% change from its current value. Over the last year, Librium Tech has changed by , resulting in a change of -10.66% in its value.
-B/.
0.{4}6120PABLIB to PAB
Amount
14:28 today
0.5 LIB
B/.0.0002564
1 LIB
B/.0.0005129
5 LIB
B/.0.002564
10 LIB
B/.0.005129
50 LIB
B/.0.02564
100 LIB
B/.0.05129
500 LIB
B/.0.2564
1000 LIB
B/.0.5129
PAB to LIB
Amount14:28 today
0.5PAB974.86 LIB
1PAB1,949.73 LIB
5PAB9,748.63 LIB
10PAB19,497.26 LIB
50PAB97,486.28 LIB
100PAB194,972.55 LIB
500PAB974,862.77 LIB
1000PAB1,949,725.55 LIB
Today vs. 24 hours ago
| Amount | 14:28 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LIB | $0.0002564 | $0.0002528 | +1.44% |
| 1 LIB | $0.0005129 | $0.0005056 | +1.44% |
| 5 LIB | $0.002564 | $0.002528 | +1.44% |
| 10 LIB | $0.005129 | $0.005056 | +1.44% |
| 50 LIB | $0.02564 | $0.02528 | +1.44% |
| 100 LIB | $0.05129 | $0.05056 | +1.44% |
| 500 LIB | $0.2564 | $0.2528 | +1.44% |
| 1000 LIB | $0.5129 | $0.5056 | +1.44% |
Today vs. 1 month ago
| Amount | 14:28 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LIB | $0.0002564 | $0.0008914 | -71.23% |
| 1 LIB | $0.0005129 | $0.001783 | -71.23% |
| 5 LIB | $0.002564 | $0.008914 | -71.23% |
| 10 LIB | $0.005129 | $0.01783 | -71.23% |
| 50 LIB | $0.02564 | $0.08914 | -71.23% |
| 100 LIB | $0.05129 | $0.1783 | -71.23% |
| 500 LIB | $0.2564 | $0.8914 | -71.23% |
| 1000 LIB | $0.5129 | $1.78 | -71.23% |
Today vs. 1 year ago
| Amount | 14:28 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LIB | $0.0002564 | $0.0002870 | -10.66% |
| 1 LIB | $0.0005129 | $0.0005741 | -10.66% |
| 5 LIB | $0.002564 | $0.002870 | -10.66% |
| 10 LIB | $0.005129 | $0.005741 | -10.66% |
| 50 LIB | $0.02564 | $0.02870 | -10.66% |
| 100 LIB | $0.05129 | $0.05741 | -10.66% |
| 500 LIB | $0.2564 | $0.2870 | -10.66% |
| 1000 LIB | $0.5129 | $0.5741 | -10.66% |
Librium Tech price prediction
What will the price of LIB be in 2025?
Based on LIB's historical price performance prediction model, the price of LIB is projected to reach $0.0007372 in 2025.
What will the price of LIB be in 2030?
In 2030, the LIB price is expected to change by +2.00%. By the end of 2030, the LIB price is projected to reach $0.001051, with a cumulative ROI of +105.00%.
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Popular Librium Tech conversions
Check out these popular currency conversions of Librium Tech to several fiat currencies.
Librium Tech to USD
1 LIB to $ 0.0005129 USD
Librium Tech to GBP
1 LIB to £ 0.0004093 GBP
Librium Tech to EUR
1 LIB to € 0.0004923 EUR
Librium Tech to KRW
1 LIB to ₩ 0.7204 KRW
Librium Tech to CAD
1 LIB to $ 0.0007197 CAD
Librium Tech to AUD
1 LIB to $ 0.0007887 AUD
Librium Tech to JPY
1 LIB to ¥ 0.07938 JPY
Librium Tech to BRL
1 LIB to R$ 0.002975 BRL
Librium Tech to CNY
1 LIB to ¥ 0.003720 CNY
Librium Tech to TWD
1 LIB to NT$ 0.01671 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Librium Tech.
Bitcoin to PAB
1 BTC to B/. 98,717.59 PAB
EGO to PAB
1 EGO to B/. 0.02166 PAB
Evan to PAB
1 EVAN to B/. 0.02808 PAB
MAD to PAB
1 MAD to B/. 0.{4}4173 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4661 PAB
Stellar to PAB
1 XLM to B/. 0.4601 PAB
Hedera to PAB
1 HBAR to B/. 0.1508 PAB
Sui to PAB
1 SUI to B/. 3.63 PAB
Algorand to PAB
1 ALGO to B/. 0.2982 PAB
VeChain to PAB
1 VET to B/. 0.04390 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 Librium Tech 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 Librium Tech 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 Librium Tech 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.
