XMR
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 Monero(XMR) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 XMR at a value of 1 XMR for 159.71 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 Monero currency pair is the XMR to PAB, with for Monero's currency code being XMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
XMR to PAB conversion rate trend
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In the past 1D, Monero has changed +1.29% to PAB. Based on the trend and price charts, Monero(XMR) has changed +1.29% to PAB while Panamanian Balboa(PAB) has changed % to XMR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.159.72 | 0.0200% / 0.0320%  VIP 7 | |
Binance | B/.118.7 | 0.1000% / 0.1000% | Yes |
Kraken | B/.160.03 | 0.1000% / 0.1000% | Yes |
OKX | B/.159 | 0.080% / 0.100% | Yes |
Huobi | B/.160.18 | 0.1000% / 0.1000% | Yes |
Gate.io | B/.159.81 | 0.1000% / 0.1000% | Yes |
KuCoin | B/.160.06 | 0.1000% / 0.1000% | Yes |
Bitfinex | B/.159.82 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/05 08:00:16(UTC+0)
How to buy Monero
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Buy Monero (XMR)
Use a variety of payment options to buy Monero on Bitget. We'll show you how.
Buy XMR (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of XMR with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy XMR 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 XMR (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of XMR to PAB. However, you can first exchange XMR 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 Monero to Panamanian Balboa?
Monero to Panamanian Balboa is falling this week.Monero's current market price is B/. 159.71 per XMR, with a total market cap of B/. 2,946,123,406.66 PAB based on a circulating supply of 18,446,744 XMR. The trading volume of Monero has changed by +14.80% (B/. 7,010,527.23 PAB) in the last 24 hours. Last trading day, XMR's trading volume was B/. 47,365,226.89.
Market cap
$2.95B
24h volume
$54.38M
Circulating supply
18.45M XMR
Conversion tables
The exchange rate of Monero is increasing.1 XMR is currently valued at B/. 159.71 PAB , which means buying 5 XMR will cost B/. 798.55 PAB . Similarly, B/.1 PAB can be traded for 0.006261 XMR, and B/.50 PAB can be converted to 0.3131 XMR, excluding any platform or gas fees.
The exchange rate of 1 XMR to Panamanian Balboa has changed by -2.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.29%, reaching a high of 161.54 PAB and a low of 156.69 PAB . One month ago, the value of 1 XMR was B/. 152.02 PAB , which represents a +5.05% change from its current value. Over the last year, Monero has changed by , resulting in a change of -3.63% in its value.
-B/.
6.01PABXMR to PAB
Amount
08:36 am today
0.5 XMR
B/.79.85
1 XMR
B/.159.71
5 XMR
B/.798.55
10 XMR
B/.1,597.1
50 XMR
B/.7,985.48
100 XMR
B/.15,970.97
500 XMR
B/.79,854.83
1000 XMR
B/.159,709.67
PAB to XMR
Amount08:36 am today
0.5PAB0.003131 XMR
1PAB0.006261 XMR
5PAB0.03131 XMR
10PAB0.06261 XMR
50PAB0.3131 XMR
100PAB0.6261 XMR
500PAB3.13 XMR
1000PAB6.26 XMR
Today vs. 24 hours ago
| Amount | 08:36 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 XMR | $79.85 | $78.84 | +1.29% |
| 1 XMR | $159.71 | $157.67 | +1.29% |
| 5 XMR | $798.55 | $788.35 | +1.29% |
| 10 XMR | $1,597.1 | $1,576.71 | +1.29% |
| 50 XMR | $7,985.48 | $7,883.53 | +1.29% |
| 100 XMR | $15,970.97 | $15,767.06 | +1.29% |
| 500 XMR | $79,854.83 | $78,835.31 | +1.29% |
| 1000 XMR | $159,709.67 | $157,670.61 | +1.29% |
Today vs. 1 month ago
| Amount | 08:36 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 XMR | $79.85 | $76.01 | +5.05% |
| 1 XMR | $159.71 | $152.02 | +5.05% |
| 5 XMR | $798.55 | $760.12 | +5.05% |
| 10 XMR | $1,597.1 | $1,520.23 | +5.05% |
| 50 XMR | $7,985.48 | $7,601.15 | +5.05% |
| 100 XMR | $15,970.97 | $15,202.31 | +5.05% |
| 500 XMR | $79,854.83 | $76,011.55 | +5.05% |
| 1000 XMR | $159,709.67 | $152,023.1 | +5.05% |
Today vs. 1 year ago
| Amount | 08:36 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 XMR | $79.85 | $82.86 | -3.63% |
| 1 XMR | $159.71 | $165.72 | -3.63% |
| 5 XMR | $798.55 | $828.6 | -3.63% |
| 10 XMR | $1,597.1 | $1,657.2 | -3.63% |
| 50 XMR | $7,985.48 | $8,285.99 | -3.63% |
| 100 XMR | $15,970.97 | $16,571.97 | -3.63% |
| 500 XMR | $79,854.83 | $82,859.87 | -3.63% |
| 1000 XMR | $159,709.67 | $165,719.73 | -3.63% |
Monero price prediction
What will the price of XMR be in 2025?
Based on XMR's historical price performance prediction model, the price of XMR is projected to reach $179.88 in 2025.
What will the price of XMR be in 2030?
In 2030, the XMR price is expected to change by +7.00%. By the end of 2030, the XMR price is projected to reach $363.38, with a cumulative ROI of +128.06%.
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Popular Monero conversions
Check out these popular currency conversions of Monero to several fiat currencies.
Monero to USD
1 XMR to $ 159.71 USD
Monero to GBP
1 XMR to £ 123.18 GBP
Monero to EUR
1 XMR to € 146.81 EUR
Monero to KRW
1 XMR to ₩ 220,052.66 KRW
Monero to CAD
1 XMR to $ 221.87 CAD
Monero to AUD
1 XMR to $ 241.86 AUD
Monero to JPY
1 XMR to ¥ 24,338.03 JPY
Monero to BRL
1 XMR to R$ 925.04 BRL
Monero to CNY
1 XMR to ¥ 1,134.94 CNY
Monero to TWD
1 XMR to NT$ 5,107.5 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Monero.
Bitcoin to PAB
1 BTC to B/. 68,801.01 PAB
Super Trump Coin to PAB
1 STRUMP to B/. 0.006343 PAB
Grass to PAB
1 GRASS to B/. -- PAB
Xodex to PAB
1 XODEX to B/. 0.0002887 PAB
Solana to PAB
1 SOL to B/. 161.78 PAB
Dogecoin to PAB
1 DOGE to B/. 0.1675 PAB
Sui to PAB
1 SUI to B/. 1.92 PAB
Ethereum to PAB
1 ETH to B/. 2,435.73 PAB
TROY to PAB
1 TROY to B/. 0.004336 PAB
Pepe to PAB
1 PEPE to B/. 0.{5}8160 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 Monero 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 Monero 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 Monero 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.
