ORAO
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 ORAO Network(ORAO) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 ORAO at a value of 1 ORAO 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 ORAO Network currency pair is the ORAO to PAB, with for ORAO Network's currency code being ORAO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
ORAO to PAB conversion rate trend
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In the past 1D, ORAO Network has changed -33.45% to PAB. Based on the trend and price charts, ORAO Network(ORAO) has changed -33.45% to PAB while Panamanian Balboa(PAB) has changed % to ORAO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.0006799 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.0006780 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/15 16:00:15(UTC+0)
How to buy ORAO Network
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Buy ORAO Network (ORAO)
Use a variety of payment options to buy ORAO Network on Bitget. We'll show you how.
Buy ORAO (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of ORAO with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy ORAO 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 ORAO (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of ORAO to PAB. However, you can first exchange ORAO 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 ORAO Network to Panamanian Balboa?
ORAO Network to Panamanian Balboa is rising this week.ORAO Network's current market price is B/. 0.0006811 per ORAO, with a total market cap of B/. 26,832.82 PAB based on a circulating supply of 39,397,668 ORAO. The trading volume of ORAO Network has changed by +25.94% (B/. 413.89 PAB) in the last 24 hours. Last trading day, ORAO's trading volume was B/. 1,595.58.
Market cap
$26.83K
24h volume
$2.01K
Circulating supply
39.40M ORAO
Conversion tables
The exchange rate of ORAO Network is increasing.1 ORAO is currently valued at B/. 0.0006811 PAB , which means buying 5 ORAO will cost B/. 0.003405 PAB . Similarly, B/.1 PAB can be traded for 1,468.26 ORAO, and B/.50 PAB can be converted to 73,413.21 ORAO, excluding any platform or gas fees.
The exchange rate of 1 ORAO to Panamanian Balboa has changed by +21.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by -33.45%, reaching a high of 0.001024 PAB and a low of 0.0006786 PAB . One month ago, the value of 1 ORAO was B/. 0.0006783 PAB , which represents a +0.41% change from its current value. Over the last year, ORAO Network has changed by , resulting in a change of -52.85% in its value.
-B/.
0.0007636PABORAO to PAB
Amount
18:39 today
0.5 ORAO
B/.0.0003405
1 ORAO
B/.0.0006811
5 ORAO
B/.0.003405
10 ORAO
B/.0.006811
50 ORAO
B/.0.03405
100 ORAO
B/.0.06811
500 ORAO
B/.0.3405
1000 ORAO
B/.0.6811
PAB to ORAO
Amount18:39 today
0.5PAB734.13 ORAO
1PAB1,468.26 ORAO
5PAB7,341.32 ORAO
10PAB14,682.64 ORAO
50PAB73,413.21 ORAO
100PAB146,826.43 ORAO
500PAB734,132.14 ORAO
1000PAB1,468,264.28 ORAO
Today vs. 24 hours ago
| Amount | 18:39 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ORAO | $0.0003405 | $0.0005117 | -33.45% |
| 1 ORAO | $0.0006811 | $0.001023 | -33.45% |
| 5 ORAO | $0.003405 | $0.005117 | -33.45% |
| 10 ORAO | $0.006811 | $0.01023 | -33.45% |
| 50 ORAO | $0.03405 | $0.05117 | -33.45% |
| 100 ORAO | $0.06811 | $0.1023 | -33.45% |
| 500 ORAO | $0.3405 | $0.5117 | -33.45% |
| 1000 ORAO | $0.6811 | $1.02 | -33.45% |
Today vs. 1 month ago
| Amount | 18:39 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ORAO | $0.0003405 | $0.0003392 | +0.41% |
| 1 ORAO | $0.0006811 | $0.0006783 | +0.41% |
| 5 ORAO | $0.003405 | $0.003392 | +0.41% |
| 10 ORAO | $0.006811 | $0.006783 | +0.41% |
| 50 ORAO | $0.03405 | $0.03392 | +0.41% |
| 100 ORAO | $0.06811 | $0.06783 | +0.41% |
| 500 ORAO | $0.3405 | $0.3392 | +0.41% |
| 1000 ORAO | $0.6811 | $0.6783 | +0.41% |
Today vs. 1 year ago
| Amount | 18:39 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ORAO | $0.0003405 | $0.0007224 | -52.85% |
| 1 ORAO | $0.0006811 | $0.001445 | -52.85% |
| 5 ORAO | $0.003405 | $0.007224 | -52.85% |
| 10 ORAO | $0.006811 | $0.01445 | -52.85% |
| 50 ORAO | $0.03405 | $0.07224 | -52.85% |
| 100 ORAO | $0.06811 | $0.1445 | -52.85% |
| 500 ORAO | $0.3405 | $0.7224 | -52.85% |
| 1000 ORAO | $0.6811 | $1.44 | -52.85% |
ORAO Network price prediction
What will the price of ORAO be in 2025?
Based on ORAO's historical price performance prediction model, the price of ORAO is projected to reach $0.001155 in 2025.
What will the price of ORAO be in 2030?
In 2030, the ORAO price is expected to change by +7.00%. By the end of 2030, the ORAO price is projected to reach $0.001582, with a cumulative ROI of +132.73%.
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Popular ORAO Network conversions
Check out these popular currency conversions of ORAO Network to several fiat currencies.
ORAO Network to USD
1 ORAO to $ 0.0006811 USD
ORAO Network to GBP
1 ORAO to £ 0.0005393 GBP
ORAO Network to EUR
1 ORAO to € 0.0006464 EUR
ORAO Network to KRW
1 ORAO to ₩ 0.9520 KRW
ORAO Network to CAD
1 ORAO to $ 0.0009588 CAD
ORAO Network to AUD
1 ORAO to $ 0.001054 AUD
ORAO Network to JPY
1 ORAO to ¥ 0.1055 JPY
ORAO Network to BRL
1 ORAO to R$ 0.003948 BRL
ORAO Network to CNY
1 ORAO to ¥ 0.004930 CNY
ORAO Network to TWD
1 ORAO to NT$ 0.02215 TWD
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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 ORAO Network 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 ORAO Network 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 ORAO Network 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.
