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MAU to Panamanian Balboa Converter and calculator

Convert 1MAU (MAU) to Panamanian Balboa (PAB) equals B/. 0.{4}2351 | 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 MAU(MAU) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 MAU at a value of 1 MAU 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 MAU currency pair is the MAU to PAB, with for MAU's currency code being MAU. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

MAU to PAB conversion rate trend

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In the past 1D, MAU has changed +18.09% to PAB. Based on the trend and price charts, MAU(MAU) has changed +18.09% to PAB while Panamanian Balboa(PAB) has changed % to MAU in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
B/.0.{4}2351
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/05 08:34:44(UTC+0)

How to buy MAU

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

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

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

Bitget P2P trading currently does not support direct selling of MAU to PAB. However, you can first exchange MAU 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 MAU to Panamanian Balboa?

MAU to Panamanian Balboa is rising this week.
MAU's current market price is B/. 0.{4}2351 per MAU, with a total market cap of B/. 0 PAB based on a circulating supply of -- MAU. The trading volume of MAU has changed by -61.39% (B/. -220.38 PAB) in the last 24 hours. Last trading day, MAU's trading volume was B/. 358.99.
Market cap
$0
24h volume
$138.6093989
Circulating supply
0 MAU

Conversion tables

The exchange rate of MAU is decreasing.
1 MAU is currently valued at B/. 0.{4}2351 PAB , which means buying 5 MAU will cost B/. 0.0001175 PAB . Similarly, B/.1 PAB can be traded for 42,539.59 MAU, and B/.50 PAB can be converted to 2,126,979.57 MAU, excluding any platform or gas fees.
The exchange rate of 1 MAU to Panamanian Balboa has changed by +2.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +18.09%, reaching a high of 0.{4}6406 PAB and a low of 0.{4}1991 PAB . One month ago, the value of 1 MAU was B/. 0.{4}5396 PAB , which represents a -56.43% change from its current value. Over the last year, MAU has changed by
+B/.
0.{4}2351PAB
, resulting in a change of --% in its value.

MAU to PAB

Amount
10:57 am today
0.5 MAU
B/.0.{4}1175
1 MAU
B/.0.{4}2351
5 MAU
B/.0.0001175
10 MAU
B/.0.0002351
50 MAU
B/.0.001175
100 MAU
B/.0.002351
500 MAU
B/.0.01175
1000 MAU
B/.0.02351

PAB to MAU

Amount10:57 am today
0.5PAB21,269.8  MAU
1PAB42,539.59  MAU
5PAB212,697.96  MAU
10PAB425,395.91  MAU
50PAB2,126,979.57  MAU
100PAB4,253,959.15  MAU
500PAB21,269,795.75  MAU
1000PAB42,539,591.49  MAU

Today vs. 24 hours ago

Amount10:57 am today24 hours ago24h change
0.5 MAU$0.{4}1175$0.{5}9953
+18.09%
1 MAU$0.{4}2351$0.{4}1991
+18.09%
5 MAU$0.0001175$0.{4}9953
+18.09%
10 MAU$0.0002351$0.0001991
+18.09%
50 MAU$0.001175$0.0009953
+18.09%
100 MAU$0.002351$0.001991
+18.09%
500 MAU$0.01175$0.009953
+18.09%
1000 MAU$0.02351$0.01991
+18.09%

Today vs. 1 month ago

Amount10:57 am today1 month ago1M change
0.5 MAU$0.{4}1175$0.{4}2698
-56.43%
1 MAU$0.{4}2351$0.{4}5396
-56.43%
5 MAU$0.0001175$0.0002698
-56.43%
10 MAU$0.0002351$0.0005396
-56.43%
50 MAU$0.001175$0.002698
-56.43%
100 MAU$0.002351$0.005396
-56.43%
500 MAU$0.01175$0.02698
-56.43%
1000 MAU$0.02351$0.05396
-56.43%

Today vs. 1 year ago

Amount10:57 am today1 year ago1Y change
0.5 MAU$0.{4}1175$0.00
--
1 MAU$0.{4}2351$0.00
--
5 MAU$0.0001175$0.00
--
10 MAU$0.0002351$0.00
--
50 MAU$0.001175$0.00
--
100 MAU$0.002351$0.00
--
500 MAU$0.01175$0.00
--
1000 MAU$0.02351$0.00
--

MAU price prediction

What will the price of MAU be in 2025?

Based on MAU's historical price performance prediction model, the price of MAU is projected to reach $0.001223 in 2025.

What will the price of MAU be in 2030?

In 2030, the MAU price is expected to change by -11.00%. By the end of 2030, the MAU price is projected to reach $0.001424, with a cumulative ROI of +5957.70%.

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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 MAU 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 MAU 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 MAU 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.