OLOID
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 OLOID(OLOID) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 OLOID at a value of 1 OLOID 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 OLOID currency pair is the OLOID to PAB, with for OLOID's currency code being OLOID. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
OLOID to PAB conversion rate trend
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In the past 1D, OLOID has changed -0.01% to PAB. Based on the trend and price charts, OLOID(OLOID) has changed -0.01% to PAB while Panamanian Balboa(PAB) has changed % to OLOID in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.0004044 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:35:33(UTC+0)
How to buy OLOID
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy OLOID (OLOID)
Use a variety of payment options to buy OLOID on Bitget. We'll show you how.
Buy OLOID (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of OLOID with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy OLOID 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 OLOID (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of OLOID to PAB. However, you can first exchange OLOID for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of OLOID to Panamanian Balboa?
OLOID to Panamanian Balboa is rising this week.OLOID's current market price is B/. 0.0004044 per OLOID, with a total market cap of B/. 0 PAB based on a circulating supply of -- OLOID. The trading volume of OLOID has changed by 0.00% (B/. 0 PAB) in the last 24 hours. Last trading day, OLOID's trading volume was B/. 0.
Market cap
$0
24h volume
$0
Circulating supply
0 OLOID
Conversion tables
The exchange rate of OLOID is increasing.1 OLOID is currently valued at B/. 0.0004044 PAB , which means buying 5 OLOID will cost B/. 0.002022 PAB . Similarly, B/.1 PAB can be traded for 2,472.54 OLOID, and B/.50 PAB can be converted to 123,626.78 OLOID, excluding any platform or gas fees.
The exchange rate of 1 OLOID to Panamanian Balboa has changed by +0.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 0.0004031 PAB and a low of 0.0003100 PAB . One month ago, the value of 1 OLOID was B/. 0.0003319 PAB , which represents a +21.94% change from its current value. Over the last year, OLOID has changed by , resulting in a change of -17.63% in its value.
-B/.
0.{4}8624PABOLOID to PAB
Amount
04:26 am today
0.5 OLOID
B/.0.0002022
1 OLOID
B/.0.0004044
5 OLOID
B/.0.002022
10 OLOID
B/.0.004044
50 OLOID
B/.0.02022
100 OLOID
B/.0.04044
500 OLOID
B/.0.2022
1000 OLOID
B/.0.4044
PAB to OLOID
Amount04:26 am today
0.5PAB1,236.27 OLOID
1PAB2,472.54 OLOID
5PAB12,362.68 OLOID
10PAB24,725.36 OLOID
50PAB123,626.78 OLOID
100PAB247,253.55 OLOID
500PAB1,236,267.75 OLOID
1000PAB2,472,535.51 OLOID
Today vs. 24 hours ago
| Amount | 04:26 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OLOID | $0.0002022 | $0.0002022 | -0.01% |
| 1 OLOID | $0.0004044 | $0.0004045 | -0.01% |
| 5 OLOID | $0.002022 | $0.002022 | -0.01% |
| 10 OLOID | $0.004044 | $0.004045 | -0.01% |
| 50 OLOID | $0.02022 | $0.02022 | -0.01% |
| 100 OLOID | $0.04044 | $0.04045 | -0.01% |
| 500 OLOID | $0.2022 | $0.2022 | -0.01% |
| 1000 OLOID | $0.4044 | $0.4045 | -0.01% |
Today vs. 1 month ago
| Amount | 04:26 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OLOID | $0.0002022 | $0.0001660 | +21.94% |
| 1 OLOID | $0.0004044 | $0.0003319 | +21.94% |
| 5 OLOID | $0.002022 | $0.001660 | +21.94% |
| 10 OLOID | $0.004044 | $0.003319 | +21.94% |
| 50 OLOID | $0.02022 | $0.01660 | +21.94% |
| 100 OLOID | $0.04044 | $0.03319 | +21.94% |
| 500 OLOID | $0.2022 | $0.1660 | +21.94% |
| 1000 OLOID | $0.4044 | $0.3319 | +21.94% |
Today vs. 1 year ago
| Amount | 04:26 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OLOID | $0.0002022 | $0.0002453 | -17.63% |
| 1 OLOID | $0.0004044 | $0.0004907 | -17.63% |
| 5 OLOID | $0.002022 | $0.002453 | -17.63% |
| 10 OLOID | $0.004044 | $0.004907 | -17.63% |
| 50 OLOID | $0.02022 | $0.02453 | -17.63% |
| 100 OLOID | $0.04044 | $0.04907 | -17.63% |
| 500 OLOID | $0.2022 | $0.2453 | -17.63% |
| 1000 OLOID | $0.4044 | $0.4907 | -17.63% |
OLOID price prediction
What will the price of OLOID be in 2025?
Based on OLOID's historical price performance prediction model, the price of OLOID is projected to reach $0.0006401 in 2025.
What will the price of OLOID be in 2030?
In 2030, the OLOID price is expected to change by +10.00%. By the end of 2030, the OLOID price is projected to reach $0.001205, with a cumulative ROI of +198.04%.
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Popular OLOID conversions
Check out these popular currency conversions of OLOID to several fiat currencies.
OLOID to USD
1 OLOID to $ 0.0004044 USD
OLOID to GBP
1 OLOID to £ 0.0003215 GBP
OLOID to EUR
1 OLOID to € 0.0003873 EUR
OLOID to KRW
1 OLOID to ₩ 0.5868 KRW
OLOID to CAD
1 OLOID to $ 0.0005807 CAD
OLOID to AUD
1 OLOID to $ 0.0006470 AUD
OLOID to JPY
1 OLOID to ¥ 0.06332 JPY
OLOID to BRL
1 OLOID to R$ 0.002459 BRL
OLOID to CNY
1 OLOID to ¥ 0.002953 CNY
OLOID to TWD
1 OLOID to NT$ 0.01322 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in OLOID.
Peanut the Squirrel to PAB
1 PNUT to B/. 0.7132 PAB
Hive to PAB
1 HIVE to B/. 0.3684 PAB
Steem to PAB
1 STEEM to B/. 0.2162 PAB
Verge to PAB
1 XVG to B/. 0.01363 PAB
BitTorrent [New] to PAB
1 BTT to B/. 0.{5}1164 PAB
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Livepeer to PAB
1 LPT to B/. 15.78 PAB
FTX Token to PAB
1 FTT to B/. 3.12 PAB
Just a chill guy to PAB
1 CHILLGUY to B/. 0.1871 PAB
AVA (Travala) to PAB
1 AVA to B/. 1.39 PAB
Powerledger to PAB
1 POWR to B/. 0.2492 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 OLOID 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 OLOID 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 OLOID 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.
