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base info Orenium Protocol

Orenium Protocol to Panamanian Balboa Converter and calculator

Convert 1Orenium Protocol (ORE) to Panamanian Balboa (PAB) equals B/. 0.0001021 | Bitget
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Last updated 2024/12/22 11:56:49 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Orenium Protocol(ORE) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 ORE at a value of 1 ORE 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Orenium Protocol currency pair is the ORE to PAB, with for Orenium Protocol's currency code being ORE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

ORE to PAB conversion rate trend

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Live Orenium Protocol (ORE) price chart
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In the past 1D, Orenium Protocol has changed +5.05% to PAB. Based on the trend and price charts, Orenium Protocol(ORE) has changed +5.05% to PAB while Panamanian Balboa(PAB) has changed -4.80% to ORE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
B/.0.0001021
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/22 08:35:34(UTC+0)

How to buy Orenium Protocol

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Buy Orenium Protocol (ORE)
Use a variety of payment options to buy Orenium Protocol on Bitget. We'll show you how.

Buy ORE (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading does not currently support direct buying of ORE with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy ORE with USDT via Bitget spot market.
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Sell ORE (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading currently does not support direct selling of ORE to PAB. However, you can first exchange ORE for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Orenium Protocol to Panamanian Balboa?

Orenium Protocol to Panamanian Balboa is falling this week.
Orenium Protocol's current market price is B/. 0.0001021 per ORE, with a total market cap of B/. 0 PAB based on a circulating supply of -- ORE. The trading volume of Orenium Protocol has changed by 0.00% (B/. 0 PAB) in the last 24 hours. Last trading day, ORE's trading volume was B/. 0.
Market cap
$0
24h volume
$0
Circulating supply
0 ORE

Conversion tables

The exchange rate of Orenium Protocol is increasing.
1 ORE is currently valued at B/. 0.0001021 PAB , which means buying 5 ORE will cost B/. 0.0005106 PAB . Similarly, B/.1 PAB can be traded for 9,792.57 ORE, and B/.50 PAB can be converted to 489,628.73 ORE, excluding any platform or gas fees.
The exchange rate of 1 ORE to Panamanian Balboa has changed by -36.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.05%, reaching a high of 0.0001022 PAB and a low of 0.{4}9721 PAB . One month ago, the value of 1 ORE was B/. 0.{4}9095 PAB , which represents a +12.27% change from its current value. Over the last year, Orenium Protocol has changed by
+B/.
0.0001021PAB
, resulting in a change of 0.00% in its value.

ORE to PAB

Amount
11:56 am today
0.5 ORE
B/.0.{4}5106
1 ORE
B/.0.0001021
5 ORE
B/.0.0005106
10 ORE
B/.0.001021
50 ORE
B/.0.005106
100 ORE
B/.0.01021
500 ORE
B/.0.05106
1000 ORE
B/.0.1021

PAB to ORE

Amount11:56 am today
0.5PAB4,896.29  ORE
1PAB9,792.57  ORE
5PAB48,962.87  ORE
10PAB97,925.75  ORE
50PAB489,628.73  ORE
100PAB979,257.47  ORE
500PAB4,896,287.33  ORE
1000PAB9,792,574.66  ORE

Today vs. 24 hours ago

Amount11:56 am today24 hours ago24h change
0.5 ORE$0.{4}5106$0.{4}4861
+5.05%
1 ORE$0.0001021$0.{4}9721
+5.05%
5 ORE$0.0005106$0.0004861
+5.05%
10 ORE$0.001021$0.0009721
+5.05%
50 ORE$0.005106$0.004861
+5.05%
100 ORE$0.01021$0.009721
+5.05%
500 ORE$0.05106$0.04861
+5.05%
1000 ORE$0.1021$0.09721
+5.05%

Today vs. 1 month ago

Amount11:56 am today1 month ago1M change
0.5 ORE$0.{4}5106$0.{4}4548
+12.27%
1 ORE$0.0001021$0.{4}9095
+12.27%
5 ORE$0.0005106$0.0004548
+12.27%
10 ORE$0.001021$0.0009095
+12.27%
50 ORE$0.005106$0.004548
+12.27%
100 ORE$0.01021$0.009095
+12.27%
500 ORE$0.05106$0.04548
+12.27%
1000 ORE$0.1021$0.09095
+12.27%

Today vs. 1 year ago

Amount11:56 am today1 year ago1Y change
0.5 ORE$0.{4}5106$0.00
0.00%
1 ORE$0.0001021$0.00
0.00%
5 ORE$0.0005106$0.00
0.00%
10 ORE$0.001021$0.00
0.00%
50 ORE$0.005106$0.00
0.00%
100 ORE$0.01021$0.00
0.00%
500 ORE$0.05106$0.00
0.00%
1000 ORE$0.1021$0.00
0.00%

Orenium Protocol price prediction

What will the price of ORE be in 2025?

Based on ORE's historical price performance prediction model, the price of ORE is projected to reach $0.001825 in 2025.

What will the price of ORE be in 2030?

In 2030, the ORE price is expected to change by -11.00%. By the end of 2030, the ORE price is projected to reach $0.002030, with a cumulative ROI of +1887.84%.

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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.