BABI
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 Babylons(BABI) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 BABI at a value of 1 BABI 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 Babylons currency pair is the BABI to PAB, with for Babylons's currency code being BABI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
BABI to PAB conversion rate trend
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In the past 1D, Babylons has changed +1.10% to PAB. Based on the trend and price charts, Babylons(BABI) has changed +1.10% to PAB while Panamanian Balboa(PAB) has changed % to BABI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.001013 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.001144 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/19 16:00:18(UTC+0)
How to buy Babylons
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Buy Babylons (BABI)
Use a variety of payment options to buy Babylons on Bitget. We'll show you how.
Buy BABI (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of BABI with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BABI 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 BABI (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of BABI to PAB. However, you can first exchange BABI 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 Babylons to Panamanian Balboa?
Babylons to Panamanian Balboa is falling this week.Babylons's current market price is B/. 0.0009832 per BABI, with a total market cap of B/. 0 PAB based on a circulating supply of -- BABI. The trading volume of Babylons has changed by +31.18% (B/. 516.6 PAB) in the last 24 hours. Last trading day, BABI's trading volume was B/. 1,656.91.
Market cap
$0
24h volume
$2.17K
Circulating supply
0 BABI
Conversion tables
The exchange rate of Babylons is decreasing.1 BABI is currently valued at B/. 0.0009832 PAB , which means buying 5 BABI will cost B/. 0.004916 PAB . Similarly, B/.1 PAB can be traded for 1,017.13 BABI, and B/.50 PAB can be converted to 50,856.74 BABI, excluding any platform or gas fees.
The exchange rate of 1 BABI to Panamanian Balboa has changed by -6.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.10%, reaching a high of 0.001038 PAB and a low of 0.0009687 PAB . One month ago, the value of 1 BABI was B/. 0.002792 PAB , which represents a -64.79% change from its current value. Over the last year, Babylons has changed by , resulting in a change of -65.66% in its value.
-B/.
0.001880PABBABI to PAB
Amount
17:36 today
0.5 BABI
B/.0.0004916
1 BABI
B/.0.0009832
5 BABI
B/.0.004916
10 BABI
B/.0.009832
50 BABI
B/.0.04916
100 BABI
B/.0.09832
500 BABI
B/.0.4916
1000 BABI
B/.0.9832
PAB to BABI
Amount17:36 today
0.5PAB508.57 BABI
1PAB1,017.13 BABI
5PAB5,085.67 BABI
10PAB10,171.35 BABI
50PAB50,856.74 BABI
100PAB101,713.49 BABI
500PAB508,567.43 BABI
1000PAB1,017,134.86 BABI
Today vs. 24 hours ago
| Amount | 17:36 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BABI | $0.0004916 | $0.0004863 | +1.10% |
| 1 BABI | $0.0009832 | $0.0009725 | +1.10% |
| 5 BABI | $0.004916 | $0.004863 | +1.10% |
| 10 BABI | $0.009832 | $0.009725 | +1.10% |
| 50 BABI | $0.04916 | $0.04863 | +1.10% |
| 100 BABI | $0.09832 | $0.09725 | +1.10% |
| 500 BABI | $0.4916 | $0.4863 | +1.10% |
| 1000 BABI | $0.9832 | $0.9725 | +1.10% |
Today vs. 1 month ago
| Amount | 17:36 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BABI | $0.0004916 | $0.001396 | -64.79% |
| 1 BABI | $0.0009832 | $0.002792 | -64.79% |
| 5 BABI | $0.004916 | $0.01396 | -64.79% |
| 10 BABI | $0.009832 | $0.02792 | -64.79% |
| 50 BABI | $0.04916 | $0.1396 | -64.79% |
| 100 BABI | $0.09832 | $0.2792 | -64.79% |
| 500 BABI | $0.4916 | $1.4 | -64.79% |
| 1000 BABI | $0.9832 | $2.79 | -64.79% |
Today vs. 1 year ago
| Amount | 17:36 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BABI | $0.0004916 | $0.001432 | -65.66% |
| 1 BABI | $0.0009832 | $0.002863 | -65.66% |
| 5 BABI | $0.004916 | $0.01432 | -65.66% |
| 10 BABI | $0.009832 | $0.02863 | -65.66% |
| 50 BABI | $0.04916 | $0.1432 | -65.66% |
| 100 BABI | $0.09832 | $0.2863 | -65.66% |
| 500 BABI | $0.4916 | $1.43 | -65.66% |
| 1000 BABI | $0.9832 | $2.86 | -65.66% |
Babylons price prediction
What will the price of BABI be in 2025?
Based on BABI's historical price performance prediction model, the price of BABI is projected to reach $0.001490 in 2025.
What will the price of BABI be in 2030?
In 2030, the BABI price is expected to change by -18.00%. By the end of 2030, the BABI price is projected to reach $0.002100, with a cumulative ROI of +109.81%.
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Popular Babylons conversions
Check out these popular currency conversions of Babylons to several fiat currencies.
Babylons to USD
1 BABI to $ 0.0009832 USD
Babylons to GBP
1 BABI to £ 0.0007415 GBP
Babylons to EUR
1 BABI to € 0.0008832 EUR
Babylons to KRW
1 BABI to ₩ 1.31 KRW
Babylons to CAD
1 BABI to $ 0.001335 CAD
Babylons to AUD
1 BABI to $ 0.001444 AUD
Babylons to JPY
1 BABI to ¥ 0.1405 JPY
Babylons to BRL
1 BABI to R$ 0.005327 BRL
Babylons to CNY
1 BABI to ¥ 0.006952 CNY
Babylons to TWD
1 BABI to NT$ 0.03144 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Babylons.
Baby Doge Coin to PAB
1 1MBABYDOGE to B/. -- PAB
Bitcoin to PAB
1 BTC to B/. 63,472.89 PAB
Panda Swap to PAB
1 PANDA to B/. 0.007506 PAB
NOTAI to PAB
1 NOTAI to B/. -- PAB
Solana to PAB
1 SOL to B/. 142.86 PAB
Aleo to PAB
1 ALEO to B/. -- PAB
Ethereum to PAB
1 ETH to B/. 2,463.04 PAB
Toncoin to PAB
1 TON to B/. 5.75 PAB
Enjin Coin to PAB
1 ENJ to B/. 0.1504 PAB
Zebec Network to PAB
1 ZBCN to B/. -- 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 Babylons 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 Babylons 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 Babylons 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.
