MAGAA
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 MAGA AGAIN(MAGAA) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 MAGAA at a value of 1 MAGAA 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 MAGA AGAIN currency pair is the MAGAA to PAB, with for MAGA AGAIN's currency code being MAGAA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
MAGAA to PAB conversion rate trend
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In the past 1D, MAGA AGAIN has changed -11.03% to PAB. Based on the trend and price charts, MAGA AGAIN(MAGAA) has changed -11.03% to PAB while Panamanian Balboa(PAB) has changed % to MAGAA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.001251 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:31:13(UTC+0)
How to buy MAGA AGAIN
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy MAGA AGAIN (MAGAA)
Use a variety of payment options to buy MAGA AGAIN on Bitget. We'll show you how.
Buy MAGAA (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of MAGAA with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy MAGAA 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 MAGAA (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of MAGAA to PAB. However, you can first exchange MAGAA 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 MAGA AGAIN to Panamanian Balboa?
MAGA AGAIN to Panamanian Balboa is falling this week.MAGA AGAIN's current market price is B/. 0.001240 per MAGAA, with a total market cap of B/. 1,240,112.29 PAB based on a circulating supply of 1,000,000,000 MAGAA. The trading volume of MAGA AGAIN has changed by +11.20% (B/. 51,551.56 PAB) in the last 24 hours. Last trading day, MAGAA's trading volume was B/. 460,146.21.
Market cap
$1.24M
24h volume
$511.70K
Circulating supply
1.00B MAGAA
Conversion tables
The exchange rate of MAGA AGAIN is decreasing.1 MAGAA is currently valued at B/. 0.001240 PAB , which means buying 5 MAGAA will cost B/. 0.006201 PAB . Similarly, B/.1 PAB can be traded for 806.38 MAGAA, and B/.50 PAB can be converted to 40,318.93 MAGAA, excluding any platform or gas fees.
The exchange rate of 1 MAGAA to Panamanian Balboa has changed by -31.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by -11.03%, reaching a high of 0.001422 PAB and a low of 0.001225 PAB . One month ago, the value of 1 MAGAA was B/. 0.001263 PAB , which represents a -1.82% change from its current value. Over the last year, MAGA AGAIN has changed by , resulting in a change of -73.47% in its value.
-B/.
0.003450PABMAGAA to PAB
Amount
03:29 am today
0.5 MAGAA
B/.0.0006201
1 MAGAA
B/.0.001240
5 MAGAA
B/.0.006201
10 MAGAA
B/.0.01240
50 MAGAA
B/.0.06201
100 MAGAA
B/.0.1240
500 MAGAA
B/.0.6201
1000 MAGAA
B/.1.24
PAB to MAGAA
Amount03:29 am today
0.5PAB403.19 MAGAA
1PAB806.38 MAGAA
5PAB4,031.89 MAGAA
10PAB8,063.79 MAGAA
50PAB40,318.93 MAGAA
100PAB80,637.86 MAGAA
500PAB403,189.32 MAGAA
1000PAB806,378.65 MAGAA
Today vs. 24 hours ago
| Amount | 03:29 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAGAA | $0.0006201 | $0.0006973 | -11.03% |
| 1 MAGAA | $0.001240 | $0.001395 | -11.03% |
| 5 MAGAA | $0.006201 | $0.006973 | -11.03% |
| 10 MAGAA | $0.01240 | $0.01395 | -11.03% |
| 50 MAGAA | $0.06201 | $0.06973 | -11.03% |
| 100 MAGAA | $0.1240 | $0.1395 | -11.03% |
| 500 MAGAA | $0.6201 | $0.6973 | -11.03% |
| 1000 MAGAA | $1.24 | $1.39 | -11.03% |
Today vs. 1 month ago
| Amount | 03:29 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAGAA | $0.0006201 | $0.0006316 | -1.82% |
| 1 MAGAA | $0.001240 | $0.001263 | -1.82% |
| 5 MAGAA | $0.006201 | $0.006316 | -1.82% |
| 10 MAGAA | $0.01240 | $0.01263 | -1.82% |
| 50 MAGAA | $0.06201 | $0.06316 | -1.82% |
| 100 MAGAA | $0.1240 | $0.1263 | -1.82% |
| 500 MAGAA | $0.6201 | $0.6316 | -1.82% |
| 1000 MAGAA | $1.24 | $1.26 | -1.82% |
Today vs. 1 year ago
| Amount | 03:29 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAGAA | $0.0006201 | $0.002345 | -73.47% |
| 1 MAGAA | $0.001240 | $0.004690 | -73.47% |
| 5 MAGAA | $0.006201 | $0.02345 | -73.47% |
| 10 MAGAA | $0.01240 | $0.04690 | -73.47% |
| 50 MAGAA | $0.06201 | $0.2345 | -73.47% |
| 100 MAGAA | $0.1240 | $0.4690 | -73.47% |
| 500 MAGAA | $0.6201 | $2.35 | -73.47% |
| 1000 MAGAA | $1.24 | $4.69 | -73.47% |
MAGA AGAIN price prediction
What will the price of MAGAA be in 2025?
Based on MAGAA's historical price performance prediction model, the price of MAGAA is projected to reach $0.002687 in 2025.
What will the price of MAGAA be in 2030?
In 2030, the MAGAA price is expected to change by +2.00%. By the end of 2030, the MAGAA price is projected to reach $0.003649, with a cumulative ROI of +143.82%.
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Popular MAGA AGAIN conversions
Check out these popular currency conversions of MAGA AGAIN to several fiat currencies.
MAGA AGAIN to USD
1 MAGAA to $ 0.001240 USD
MAGA AGAIN to GBP
1 MAGAA to £ 0.0009861 GBP
MAGA AGAIN to EUR
1 MAGAA to € 0.001189 EUR
MAGA AGAIN to KRW
1 MAGAA to ₩ 1.79 KRW
MAGA AGAIN to CAD
1 MAGAA to $ 0.001781 CAD
MAGA AGAIN to AUD
1 MAGAA to $ 0.001985 AUD
MAGA AGAIN to JPY
1 MAGAA to ¥ 0.1942 JPY
MAGA AGAIN to BRL
1 MAGAA to R$ 0.007540 BRL
MAGA AGAIN to CNY
1 MAGAA to ¥ 0.009050 CNY
MAGA AGAIN to TWD
1 MAGAA to NT$ 0.04043 TWD
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1 XVG to B/. 0.01270 PAB
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1 LPT to B/. 15.4 PAB
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1 CHILLGUY to B/. 0.1870 PAB
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1 AVA to B/. 1.36 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 MAGA AGAIN 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 MAGA AGAIN 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 MAGA AGAIN 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.
