WKAVA
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 Wrapped Kava(WKAVA) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 WKAVA at a value of 1 WKAVA for 0.38 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 Wrapped Kava currency pair is the WKAVA to PAB, with for Wrapped Kava's currency code being WKAVA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
WKAVA to PAB conversion rate trend
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In the past 1D, Wrapped Kava has changed -6.63% to PAB. Based on the trend and price charts, Wrapped Kava(WKAVA) has changed -6.63% to PAB while Panamanian Balboa(PAB) has changed % to WKAVA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.3748 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/15 00:35:46(UTC+0)
How to buy Wrapped Kava
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Buy Wrapped Kava (WKAVA)
Use a variety of payment options to buy Wrapped Kava on Bitget. We'll show you how.
Buy WKAVA (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of WKAVA with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy WKAVA with USDT via Bitget spot market.
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Sell WKAVA (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of WKAVA to PAB. However, you can first exchange WKAVA 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 Wrapped Kava to Panamanian Balboa?
Wrapped Kava to Panamanian Balboa is rising this week.Wrapped Kava's current market price is B/. 0.3800 per WKAVA, with a total market cap of B/. 4,709,385.45 PAB based on a circulating supply of 12,392,574 WKAVA. The trading volume of Wrapped Kava has changed by 0.00% (B/. 0 PAB) in the last 24 hours. Last trading day, WKAVA's trading volume was B/. 0.
Market cap
$4.71M
24h volume
$0
Circulating supply
12.39M WKAVA
Conversion tables
The exchange rate of Wrapped Kava is increasing.1 WKAVA is currently valued at B/. 0.3800 PAB , which means buying 5 WKAVA will cost B/. 1.9 PAB . Similarly, B/.1 PAB can be traded for 2.63 WKAVA, and B/.50 PAB can be converted to 131.57 WKAVA, excluding any platform or gas fees.
The exchange rate of 1 WKAVA to Panamanian Balboa has changed by +11.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.63%, reaching a high of 0.4066 PAB and a low of 0.3682 PAB . One month ago, the value of 1 WKAVA was B/. 0.3672 PAB , which represents a +3.49% change from its current value. Over the last year, Wrapped Kava has changed by , resulting in a change of -53.34% in its value.
-B/.
0.4344PABWKAVA to PAB
Amount
08:18 am today
0.5 WKAVA
B/.0.1900
1 WKAVA
B/.0.3800
5 WKAVA
B/.1.9
10 WKAVA
B/.3.8
50 WKAVA
B/.19
100 WKAVA
B/.38
500 WKAVA
B/.190.01
1000 WKAVA
B/.380.02
PAB to WKAVA
Amount08:18 am today
0.5PAB1.32 WKAVA
1PAB2.63 WKAVA
5PAB13.16 WKAVA
10PAB26.31 WKAVA
50PAB131.57 WKAVA
100PAB263.15 WKAVA
500PAB1,315.73 WKAVA
1000PAB2,631.46 WKAVA
Today vs. 24 hours ago
| Amount | 08:18 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 WKAVA | $0.1900 | $0.2035 | -6.63% |
| 1 WKAVA | $0.3800 | $0.4070 | -6.63% |
| 5 WKAVA | $1.9 | $2.03 | -6.63% |
| 10 WKAVA | $3.8 | $4.07 | -6.63% |
| 50 WKAVA | $19 | $20.35 | -6.63% |
| 100 WKAVA | $38 | $40.7 | -6.63% |
| 500 WKAVA | $190.01 | $203.5 | -6.63% |
| 1000 WKAVA | $380.02 | $407 | -6.63% |
Today vs. 1 month ago
| Amount | 08:18 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 WKAVA | $0.1900 | $0.1836 | +3.49% |
| 1 WKAVA | $0.3800 | $0.3672 | +3.49% |
| 5 WKAVA | $1.9 | $1.84 | +3.49% |
| 10 WKAVA | $3.8 | $3.67 | +3.49% |
| 50 WKAVA | $19 | $18.36 | +3.49% |
| 100 WKAVA | $38 | $36.72 | +3.49% |
| 500 WKAVA | $190.01 | $183.61 | +3.49% |
| 1000 WKAVA | $380.02 | $367.21 | +3.49% |
Today vs. 1 year ago
| Amount | 08:18 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 WKAVA | $0.1900 | $0.4072 | -53.34% |
| 1 WKAVA | $0.3800 | $0.8144 | -53.34% |
| 5 WKAVA | $1.9 | $4.07 | -53.34% |
| 10 WKAVA | $3.8 | $8.14 | -53.34% |
| 50 WKAVA | $19 | $40.72 | -53.34% |
| 100 WKAVA | $38 | $81.44 | -53.34% |
| 500 WKAVA | $190.01 | $407.2 | -53.34% |
| 1000 WKAVA | $380.02 | $814.4 | -53.34% |
Wrapped Kava price prediction
What will the price of WKAVA be in 2025?
Based on WKAVA's historical price performance prediction model, the price of WKAVA is projected to reach $0.6794 in 2025.
What will the price of WKAVA be in 2030?
In 2030, the WKAVA price is expected to change by -13.00%. By the end of 2030, the WKAVA price is projected to reach $1.13, with a cumulative ROI of +178.05%.
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Popular Wrapped Kava conversions
Check out these popular currency conversions of Wrapped Kava to several fiat currencies.
Wrapped Kava to USD
1 WKAVA to $ 0.3800 USD
Wrapped Kava to GBP
1 WKAVA to £ 0.2996 GBP
Wrapped Kava to EUR
1 WKAVA to € 0.3600 EUR
Wrapped Kava to KRW
1 WKAVA to ₩ 530.87 KRW
Wrapped Kava to CAD
1 WKAVA to $ 0.5341 CAD
Wrapped Kava to AUD
1 WKAVA to $ 0.5877 AUD
Wrapped Kava to JPY
1 WKAVA to ¥ 59.32 JPY
Wrapped Kava to BRL
1 WKAVA to R$ 2.2 BRL
Wrapped Kava to CNY
1 WKAVA to ¥ 2.75 CNY
Wrapped Kava to TWD
1 WKAVA to NT$ 12.34 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Wrapped Kava.
Peanut the Squirrel to PAB
1 PNUT to B/. 1.79 PAB
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1 SXCH to B/. 0.02181 PAB
Sharpe AI to PAB
1 SAI to B/. -- PAB
Dogelon Mars to PAB
1 ELON to B/. 0.{6}2159 PAB
Bitcoin to PAB
1 BTC to B/. 87,522.5 PAB
XRP to PAB
1 XRP to B/. 0.7768 PAB
Act I : The AI Prophecy to PAB
1 ACT to B/. 0.7041 PAB
Solana to PAB
1 SOL to B/. 208.47 PAB
Sui to PAB
1 SUI to B/. 3.24 PAB
Merlin Chain to PAB
1 MERL to B/. 0.2807 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 Wrapped Kava 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 Wrapped Kava 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 Wrapped Kava 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.
