BAG
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 Bag.win(BAG) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 BAG at a value of 1 BAG 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 Bag.win currency pair is the BAG to PAB, with for Bag.win's currency code being BAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
BAG to PAB conversion rate trend
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In the past 1D, Bag.win has changed -2.84% to PAB. Based on the trend and price charts, Bag.win(BAG) has changed -2.84% to PAB while Panamanian Balboa(PAB) has changed % to BAG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.0008568 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.0008410 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:17(UTC+0)
How to buy Bag.win
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Buy Bag.win (BAG)
Use a variety of payment options to buy Bag.win on Bitget. We'll show you how.
Buy BAG (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of BAG with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BAG 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 BAG (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of BAG to PAB. However, you can first exchange BAG 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 Bag.win to Panamanian Balboa?
Bag.win to Panamanian Balboa is falling this week.Bag.win's current market price is B/. 0.0008329 per BAG, with a total market cap of B/. 3,383,190.57 PAB based on a circulating supply of 4,062,166,800 BAG. The trading volume of Bag.win has changed by -88.03% (B/. -102,375.50 PAB) in the last 24 hours. Last trading day, BAG's trading volume was B/. 116,298.39.
Market cap
$3.38M
24h volume
$13.92K
Circulating supply
4.06B BAG
Conversion tables
The exchange rate of Bag.win is decreasing.1 BAG is currently valued at B/. 0.0008329 PAB , which means buying 5 BAG will cost B/. 0.004164 PAB . Similarly, B/.1 PAB can be traded for 1,200.69 BAG, and B/.50 PAB can be converted to 60,034.55 BAG, excluding any platform or gas fees.
The exchange rate of 1 BAG to Panamanian Balboa has changed by -36.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.84%, reaching a high of 0.0008636 PAB and a low of 0.0008316 PAB . One month ago, the value of 1 BAG was B/. 0.001274 PAB , which represents a -34.61% change from its current value. Over the last year, Bag.win has changed by , resulting in a change of -82.77% in its value.
-B/.
0.004003PABBAG to PAB
Amount
15:56 today
0.5 BAG
B/.0.0004164
1 BAG
B/.0.0008329
5 BAG
B/.0.004164
10 BAG
B/.0.008329
50 BAG
B/.0.04164
100 BAG
B/.0.08329
500 BAG
B/.0.4164
1000 BAG
B/.0.8329
PAB to BAG
Amount15:56 today
0.5PAB600.35 BAG
1PAB1,200.69 BAG
5PAB6,003.46 BAG
10PAB12,006.91 BAG
50PAB60,034.55 BAG
100PAB120,069.11 BAG
500PAB600,345.53 BAG
1000PAB1,200,691.07 BAG
Today vs. 24 hours ago
| Amount | 15:56 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BAG | $0.0004164 | $0.0004286 | -2.84% |
| 1 BAG | $0.0008329 | $0.0008572 | -2.84% |
| 5 BAG | $0.004164 | $0.004286 | -2.84% |
| 10 BAG | $0.008329 | $0.008572 | -2.84% |
| 50 BAG | $0.04164 | $0.04286 | -2.84% |
| 100 BAG | $0.08329 | $0.08572 | -2.84% |
| 500 BAG | $0.4164 | $0.4286 | -2.84% |
| 1000 BAG | $0.8329 | $0.8572 | -2.84% |
Today vs. 1 month ago
| Amount | 15:56 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BAG | $0.0004164 | $0.0006369 | -34.61% |
| 1 BAG | $0.0008329 | $0.001274 | -34.61% |
| 5 BAG | $0.004164 | $0.006369 | -34.61% |
| 10 BAG | $0.008329 | $0.01274 | -34.61% |
| 50 BAG | $0.04164 | $0.06369 | -34.61% |
| 100 BAG | $0.08329 | $0.1274 | -34.61% |
| 500 BAG | $0.4164 | $0.6369 | -34.61% |
| 1000 BAG | $0.8329 | $1.27 | -34.61% |
Today vs. 1 year ago
| Amount | 15:56 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BAG | $0.0004164 | $0.002418 | -82.77% |
| 1 BAG | $0.0008329 | $0.004835 | -82.77% |
| 5 BAG | $0.004164 | $0.02418 | -82.77% |
| 10 BAG | $0.008329 | $0.04835 | -82.77% |
| 50 BAG | $0.04164 | $0.2418 | -82.77% |
| 100 BAG | $0.08329 | $0.4835 | -82.77% |
| 500 BAG | $0.4164 | $2.42 | -82.77% |
| 1000 BAG | $0.8329 | $4.84 | -82.77% |
Bag.win price prediction
What will the price of BAG be in 2025?
Based on BAG's historical price performance prediction model, the price of BAG is projected to reach $0.001745 in 2025.
What will the price of BAG be in 2030?
In 2030, the BAG price is expected to change by -3.00%. By the end of 2030, the BAG price is projected to reach $0.002552, with a cumulative ROI of +223.71%.
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Popular Bag.win conversions
Check out these popular currency conversions of Bag.win to several fiat currencies.
Bag.win to USD
1 BAG to $ 0.0008329 USD
Bag.win to GBP
1 BAG to £ 0.0006627 GBP
Bag.win to EUR
1 BAG to € 0.0007985 EUR
Bag.win to KRW
1 BAG to ₩ 1.2 KRW
Bag.win to CAD
1 BAG to $ 0.001196 CAD
Bag.win to AUD
1 BAG to $ 0.001332 AUD
Bag.win to JPY
1 BAG to ¥ 0.1303 JPY
Bag.win to BRL
1 BAG to R$ 0.005069 BRL
Bag.win to CNY
1 BAG to ¥ 0.006078 CNY
Bag.win to TWD
1 BAG to NT$ 0.02718 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Bag.win.
Hive to PAB
1 HIVE to B/. 0.3728 PAB
IDEX to PAB
1 IDEX to B/. 0.05995 PAB
BitTorrent [New] to PAB
1 BTT to B/. 0.{5}1117 PAB
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Shoggoth (shoggoth.monster) to PAB
1 SHOGGOTH to B/. 0.04512 PAB
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DeXe to PAB
1 DEXE to B/. 9.93 PAB
HEX (PulseChain) to PAB
1 HEX to B/. 0.01502 PAB
Livepeer to PAB
1 LPT to B/. 15.34 PAB
Hunt Town to PAB
1 HUNT to B/. 0.3502 PAB
Chintai to PAB
1 CHEX to B/. 0.5622 PAB
Adventure Gold to PAB
1 AGLD to B/. 1.64 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 Bag.win 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 Bag.win 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 Bag.win 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.
