Bitget converter provides PRX to PAB real-time exchange rates, making it easy to convert Parex (PRX) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 PRX is currently valued at 0.04 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

1 PRX is currently valued at 0.04 PAB, which means buying 5 PRX would cost 0.18 PAB. Similarly, B/.1 PAB can be converted to 28.05 PRX, and B/.50 PAB can be converted to 140.27 PRX, excluding any platform or gas fees.

Convert PRX to PAB

Convert PAB to PRX

Parex

Panamanian Balboa

1 PRX

0.03565 PAB

Exchange 1 PRX for 0.03565 PAB

2 PRX

0.07129 PAB

Exchange 2 PRX for 0.07129 PAB

5 PRX

0.1782 PAB

Exchange 5 PRX for 0.1782 PAB

10 PRX

0.3565 PAB

Exchange 10 PRX for 0.3565 PAB

20 PRX

0.7129 PAB

Exchange 20 PRX for 0.7129 PAB

50 PRX

1.78 PAB

Exchange 50 PRX for 1.78 PAB

100 PRX

3.56 PAB

Exchange 100 PRX for 3.56 PAB

200 PRX

7.13 PAB

Exchange 200 PRX for 7.13 PAB

500 PRX

17.82 PAB

Exchange 500 PRX for 17.82 PAB

1000 PRX

35.65 PAB

Exchange 1000 PRX for 35.65 PAB

5000 PRX

178.23 PAB

Exchange 5000 PRX for 178.23 PAB

10000 PRX

356.45 PAB

Exchange 10000 PRX for 356.45 PAB

In the table above, you'll find a comprehensive PRX to PAB converter that shows the value of Parex in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 PRX to PAB, all the way up to 10000 PRX, providing a clear view of their respective values.

Panamanian Balboa

Parex

1 PAB

28.05 PRX

Exchange 1 PAB for 28.05 PRX

10 PAB

280.54 PRX

Exchange 10 PAB for 280.54 PRX

50 PAB

1,402.72 PRX

Exchange 50 PAB for 1,402.72 PRX

100 PAB

2,805.44 PRX

Exchange 100 PAB for 2,805.44 PRX

200 PAB

5,610.87 PRX

Exchange 200 PAB for 5,610.87 PRX

500 PAB

14,027.18 PRX

Exchange 500 PAB for 14,027.18 PRX

1000 PAB

28,054.36 PRX

Exchange 1000 PAB for 28,054.36 PRX

2000 PAB

56,108.73 PRX

Exchange 2000 PAB for 56,108.73 PRX

5000 PAB

140,271.81 PRX

Exchange 5000 PAB for 140,271.81 PRX

10000 PAB

280,543.63 PRX

Exchange 10000 PAB for 280,543.63 PRX

50000 PAB

1,402,718.13 PRX

Exchange 50000 PAB for 1,402,718.13 PRX

100000 PAB

2,805,436.26 PRX

Exchange 100000 PAB for 2,805,436.26 PRX

In the table above, you'll find a comprehensive PAB to PRX converter that shows the value of Panamanian Balboa in Parex across commonly used conversion amounts. The list covers conversions from 1 PAB to PRX, all the way up to 100000 PAB, providing a clear view of their respective values.

PRX to PAB chart

PRX/PAB: 1 PRX = 0.03565 PAB; 2025/05/05 08:29:18

In the past 1D, Parex has changed +4.96% to PAB. Based on the trend and price charts, Parex(PRX) has changed +4.96% to PAB while Panamanian Balboa(PAB) has changed % to PRX in the last 24 hours.

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PRX to PAB conversion data: Volatility and price changes of Parex in PAB

The highest Parex price in PAB over the past 7 days was 0.04223 PAB while the lowest Parex price in PAB over the past 7 days was 0.03225 PAB. The relative change between the highs and lows in Parex price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and PRX to PAB prices for the past 24 hours, 30 days, and 90 days in the table above.

	Last 24 hours	Last 7 days	Last 30 days	Last 90 days
High	0.03992 PAB	0.04223 PAB	0.04441 PAB	0.1078 PAB
Low	0.03337 PAB	0.03225 PAB	0.03223 PAB	0.03223 PAB
Average	0 PAB	0 PAB	0 PAB	0 PAB
Volatility	%	%	%	%
Change	+4.96%	-5.68%	-16.26%	-61.50%

Parex information

PRX to PAB market statistics

PRX/PAB:

B/.0.03565

PRX 24h volume:

B/.38,753.76

PRX market cap:

B/.486,920.64

PRX circulating supply:

13.66M PRX

Current PRX to PAB exchange rate

Parex to Panamanian Balboa is falling this week.

Parex's current market price is B/.0.03565 per PRX, with a total market cap of B/.486,920.64 PAB based on a circulating supply of 13,660,249 PRX. The trading volume of Parex has changed by -37.25% (B/.-23,002.46 PAB) in the last 24 hours. Last trading day, PRX's trading volume was B/.61,756.22.

More info about Parex on Bitget

Parex price Parex Price Prediction What is Parex (PRX)

Panamanian Balboa 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 Parex currency pair is the PRX to PAB, with for Parex's currency code being PRX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert PRX to PAB

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1 PRX to NT$1.05 TWD

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1 PRX to ¥0.2574 CNY

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1 PRX to $0.03565 USD

PRX to PAB

1 PRX to B/.0.03565 PAB

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1 PRX to €0.03142 EUR

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1 PRX to C$0.04915 CAD

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1 PRX to ₩49.16 KRW

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1 PRX to ¥5.14 JPY

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1 PRX to £0.02679 GBP

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1 PRX to R$0.2029 BRL

Popular cryptocurrencies to PAB

BTC to PAB

1 BTC to B/.94,608.27 PAB

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1 XRP to B/.2.18 PAB

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1 BNB to B/.591.9 PAB

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1 SOL to B/.146.66 PAB

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1 TURBO to B/.0.005474 PAB

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1 DOGE to B/.0.1736 PAB

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1 LTC to B/.89.05 PAB

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1 DEEP to B/.0.1932 PAB

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PRX to PAB Conversion tables

The exchange rate of Parex is decreasing.

The exchange rate of 1 PRX to Panamanian Balboa has changed by -5.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.96%, reaching a high of 0.03992 PAB and a low of 0.03337 PAB . One month ago, the value of 1 PRX was B/.0.04257 PAB , which represents a -16.26% change from its current value. Over the last year, Parex has changed by

-B/.

0.4206PAB

, resulting in a change of -92.18% in its value.

24 hours ago1 month ago1 year ago

Amount	08:29 am today	24 hours ago	24h change
0.5 PRX	B/.0.01782	B/.0.01698	+4.96%
1 PRX	B/.0.03565	B/.0.03396	+4.96%
5 PRX	B/.0.1782	B/.0.1698	+4.96%
10 PRX	B/.0.3565	B/.0.3396	+4.96%
50 PRX	B/.1.78	B/.1.7	+4.96%
100 PRX	B/.3.56	B/.3.4	+4.96%
500 PRX	B/.17.82	B/.16.98	+4.96%
1000 PRX	B/.35.65	B/.33.96	+4.96%

PRX to PAB FAQ

How much is 1 Parex in PAB?

Right now, the price of 1 Parex (PRX) in Panamanian Balboa (PAB) is B/.0.03565.

How much PRX can I buy for 1 PAB?

Based on the current exchange rate, you can get 28.05 PRX for 1 PAB.

How do I calculate or convert PRX to PAB?

You can use our PRX to PAB calculator at the top of this page to convert any amount of PRX to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 140.27 PRX, while 5 PRX will cost around 0.1782PAB.

What is the highest price of PRX/PAB in history?

The all-time high price of 1 PRX in PAB is B/.5.01. It remains to be seen if the value of 1 PRX/PAB will exceed the current all-time high.

What is the price trend of Parex in PAB?

Over the past 7 days, the exchange rate of Parex (PRX) has gone down by 5.68%. Over the last month, the exchange rate of Parex (PRX) has gone down by 16.26% against Panamanian Balboa (PAB).

What factors influence the conversion rate of PRX to PAB?

There are many factors that affect the relationship between Parex and Panamanian Balboa, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:

Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PRX/PAB. When there is positive news in the market about the widespread adoption of PRX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRX/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRX/PAB.

Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.

Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PRX/PAB. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.

Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.

Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Parex and adjust their investment strategies accordingly in the evolving market.

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