BAC
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 Basis Cash(BAC) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 BAC at a value of 1 BAC 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 Basis Cash currency pair is the BAC to PAB, with for Basis Cash's currency code being BAC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
BAC to PAB conversion rate trend
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In the past 1D, Basis Cash has changed +0.03% to PAB. Based on the trend and price charts, Basis Cash(BAC) has changed +0.03% to PAB while Panamanian Balboa(PAB) has changed % to BAC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.001603 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.001601 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/19 16:00:13(UTC+0)
How to buy Basis Cash
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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Basis Cash (BAC)
Use a variety of payment options to buy Basis Cash on Bitget. We'll show you how.
Buy BAC (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of BAC with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BAC 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 BAC (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of BAC to PAB. However, you can first exchange BAC 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 Basis Cash to Panamanian Balboa?
Basis Cash to Panamanian Balboa is rising this week.Basis Cash's current market price is B/. 0.001602 per BAC, with a total market cap of B/. 87,450.05 PAB based on a circulating supply of 54,575,144 BAC. The trading volume of Basis Cash has changed by +27.97% (B/. 30.1 PAB) in the last 24 hours. Last trading day, BAC's trading volume was B/. 107.64.
Market cap
$87.45K
24h volume
$137.73863806
Circulating supply
54.58M BAC
Conversion tables
The exchange rate of Basis Cash is decreasing.1 BAC is currently valued at B/. 0.001602 PAB , which means buying 5 BAC will cost B/. 0.008012 PAB . Similarly, B/.1 PAB can be traded for 624.07 BAC, and B/.50 PAB can be converted to 31,203.61 BAC, excluding any platform or gas fees.
The exchange rate of 1 BAC to Panamanian Balboa has changed by +0.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.03%, reaching a high of 0.001671 PAB and a low of 0.001601 PAB . One month ago, the value of 1 BAC was B/. 0.001842 PAB , which represents a -13.03% change from its current value. Over the last year, Basis Cash has changed by , resulting in a change of -19.49% in its value.
-B/.
0.0003878PABBAC to PAB
Amount
17:17 today
0.5 BAC
B/.0.0008012
1 BAC
B/.0.001602
5 BAC
B/.0.008012
10 BAC
B/.0.01602
50 BAC
B/.0.08012
100 BAC
B/.0.1602
500 BAC
B/.0.8012
1000 BAC
B/.1.6
PAB to BAC
Amount17:17 today
0.5PAB312.04 BAC
1PAB624.07 BAC
5PAB3,120.36 BAC
10PAB6,240.72 BAC
50PAB31,203.61 BAC
100PAB62,407.22 BAC
500PAB312,036.08 BAC
1000PAB624,072.16 BAC
Today vs. 24 hours ago
| Amount | 17:17 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BAC | $0.0008012 | $0.0008009 | +0.03% |
| 1 BAC | $0.001602 | $0.001602 | +0.03% |
| 5 BAC | $0.008012 | $0.008009 | +0.03% |
| 10 BAC | $0.01602 | $0.01602 | +0.03% |
| 50 BAC | $0.08012 | $0.08009 | +0.03% |
| 100 BAC | $0.1602 | $0.1602 | +0.03% |
| 500 BAC | $0.8012 | $0.8009 | +0.03% |
| 1000 BAC | $1.6 | $1.6 | +0.03% |
Today vs. 1 month ago
| Amount | 17:17 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BAC | $0.0008012 | $0.0009212 | -13.03% |
| 1 BAC | $0.001602 | $0.001842 | -13.03% |
| 5 BAC | $0.008012 | $0.009212 | -13.03% |
| 10 BAC | $0.01602 | $0.01842 | -13.03% |
| 50 BAC | $0.08012 | $0.09212 | -13.03% |
| 100 BAC | $0.1602 | $0.1842 | -13.03% |
| 500 BAC | $0.8012 | $0.9212 | -13.03% |
| 1000 BAC | $1.6 | $1.84 | -13.03% |
Today vs. 1 year ago
| Amount | 17:17 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BAC | $0.0008012 | $0.0009951 | -19.49% |
| 1 BAC | $0.001602 | $0.001990 | -19.49% |
| 5 BAC | $0.008012 | $0.009951 | -19.49% |
| 10 BAC | $0.01602 | $0.01990 | -19.49% |
| 50 BAC | $0.08012 | $0.09951 | -19.49% |
| 100 BAC | $0.1602 | $0.1990 | -19.49% |
| 500 BAC | $0.8012 | $0.9951 | -19.49% |
| 1000 BAC | $1.6 | $1.99 | -19.49% |
Basis Cash price prediction
What will the price of BAC be in 2025?
Based on BAC's historical price performance prediction model, the price of BAC is projected to reach $0.002327 in 2025.
What will the price of BAC be in 2030?
In 2030, the BAC price is expected to change by +7.00%. By the end of 2030, the BAC price is projected to reach $0.003947, with a cumulative ROI of +146.30%.
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Popular Basis Cash conversions
Check out these popular currency conversions of Basis Cash to several fiat currencies.
Basis Cash to USD
1 BAC to $ 0.001602 USD
Basis Cash to GBP
1 BAC to £ 0.001265 GBP
Basis Cash to EUR
1 BAC to € 0.001513 EUR
Basis Cash to KRW
1 BAC to ₩ 2.23 KRW
Basis Cash to CAD
1 BAC to $ 0.002240 CAD
Basis Cash to AUD
1 BAC to $ 0.002457 AUD
Basis Cash to JPY
1 BAC to ¥ 0.2469 JPY
Basis Cash to BRL
1 BAC to R$ 0.009256 BRL
Basis Cash to CNY
1 BAC to ¥ 0.01160 CNY
Basis Cash to TWD
1 BAC to NT$ 0.05188 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Basis Cash.
XRP to PAB
1 XRP to B/. 1.09 PAB
deadstag to PAB
1 DSTAG to B/. -- PAB
Solana to PAB
1 SOL to B/. 242.18 PAB
EGO to PAB
1 EGO to B/. 0.02172 PAB
Hedera to PAB
1 HBAR to B/. 0.1367 PAB
Bitcoin to PAB
1 BTC to B/. 92,929.35 PAB
Raydium to PAB
1 RAY to B/. 5.65 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}2037 PAB
Peanut the Squirrel to PAB
1 PNUT to B/. 1.76 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4014 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 Basis Cash 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 Basis Cash 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 Basis Cash 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.
