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base info Peanie

Peanie to Panamanian Balboa Converter and calculator

Convert 1Peanie (PEANIE) to Panamanian Balboa (PAB) equals B/. 0.0009416 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Peanie(PEANIE) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 PEANIE at a value of 1 PEANIE 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 Peanie currency pair is the PEANIE to PAB, with for Peanie's currency code being PEANIE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

PEANIE to PAB conversion rate trend

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In the past 1D, Peanie has changed -18.12% to PAB. Based on the trend and price charts, Peanie(PEANIE) has changed -18.12% to PAB while Panamanian Balboa(PAB) has changed % to PEANIE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
B/.0.001066
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 00:32:23(UTC+0)

How to buy Peanie

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

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

Bitget P2P trading does not currently support direct buying of PEANIE with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy PEANIE with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell PEANIE (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading currently does not support direct selling of PEANIE to PAB. However, you can first exchange PEANIE 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
Action
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What factors influence the conversion rate of Peanie to Panamanian Balboa?

Peanie to Panamanian Balboa is falling this week.
Peanie's current market price is B/. 0.0009416 per PEANIE, with a total market cap of B/. 0 PAB based on a circulating supply of -- PEANIE. The trading volume of Peanie has changed by +26.44% (B/. 28,436.74 PAB) in the last 24 hours. Last trading day, PEANIE's trading volume was B/. 107,533.26.
Market cap
$0
24h volume
$135.97K
Circulating supply
0 PEANIE

Conversion tables

The exchange rate of Peanie is decreasing.
1 PEANIE is currently valued at B/. 0.0009416 PAB , which means buying 5 PEANIE will cost B/. 0.004708 PAB . Similarly, B/.1 PAB can be traded for 1,062.07 PEANIE, and B/.50 PAB can be converted to 53,103.33 PEANIE, excluding any platform or gas fees.
The exchange rate of 1 PEANIE to Panamanian Balboa has changed by -43.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -18.12%, reaching a high of 0.001218 PAB and a low of 0.0008714 PAB . One month ago, the value of 1 PEANIE was B/. 0.002081 PAB , which represents a -54.92% change from its current value. Over the last year, Peanie has changed by
-B/.
0.01551PAB
, resulting in a change of -94.31% in its value.

PEANIE to PAB

Amount
02:35 am today
0.5 PEANIE
B/.0.0004708
1 PEANIE
B/.0.0009416
5 PEANIE
B/.0.004708
10 PEANIE
B/.0.009416
50 PEANIE
B/.0.04708
100 PEANIE
B/.0.09416
500 PEANIE
B/.0.4708
1000 PEANIE
B/.0.9416

PAB to PEANIE

Amount02:35 am today
0.5PAB531.03  PEANIE
1PAB1,062.07  PEANIE
5PAB5,310.33  PEANIE
10PAB10,620.67  PEANIE
50PAB53,103.33  PEANIE
100PAB106,206.66  PEANIE
500PAB531,033.32  PEANIE
1000PAB1,062,066.64  PEANIE

Today vs. 24 hours ago

Amount02:35 am today24 hours ago24h change
0.5 PEANIE$0.0004708$0.0005743
-18.12%
1 PEANIE$0.0009416$0.001149
-18.12%
5 PEANIE$0.004708$0.005743
-18.12%
10 PEANIE$0.009416$0.01149
-18.12%
50 PEANIE$0.04708$0.05743
-18.12%
100 PEANIE$0.09416$0.1149
-18.12%
500 PEANIE$0.4708$0.5743
-18.12%
1000 PEANIE$0.9416$1.15
-18.12%

Today vs. 1 month ago

Amount02:35 am today1 month ago1M change
0.5 PEANIE$0.0004708$0.001041
-54.92%
1 PEANIE$0.0009416$0.002081
-54.92%
5 PEANIE$0.004708$0.01041
-54.92%
10 PEANIE$0.009416$0.02081
-54.92%
50 PEANIE$0.04708$0.1041
-54.92%
100 PEANIE$0.09416$0.2081
-54.92%
500 PEANIE$0.4708$1.04
-54.92%
1000 PEANIE$0.9416$2.08
-54.92%

Today vs. 1 year ago

Amount02:35 am today1 year ago1Y change
0.5 PEANIE$0.0004708$0.008227
-94.31%
1 PEANIE$0.0009416$0.01645
-94.31%
5 PEANIE$0.004708$0.08227
-94.31%
10 PEANIE$0.009416$0.1645
-94.31%
50 PEANIE$0.04708$0.8227
-94.31%
100 PEANIE$0.09416$1.65
-94.31%
500 PEANIE$0.4708$8.23
-94.31%
1000 PEANIE$0.9416$16.45
-94.31%

Peanie price prediction

What will the price of PEANIE be in 2025?

Based on PEANIE's historical price performance prediction model, the price of PEANIE is projected to reach $0.003567 in 2025.

What will the price of PEANIE be in 2030?

In 2030, the PEANIE price is expected to change by -14.00%. By the end of 2030, the PEANIE price is projected to reach $0.003379, with a cumulative ROI of +125.16%.

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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 Peanie 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 Peanie 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 Peanie 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.