BOP
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 Boring Protocol(BOP) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 BOP at a value of 1 BOP 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 Boring Protocol currency pair is the BOP to PAB, with for Boring Protocol's currency code being BOP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
BOP to PAB conversion rate trend
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In the past 1D, Boring Protocol has changed +6.59% to PAB. Based on the trend and price charts, Boring Protocol(BOP) has changed +6.59% to PAB while Panamanian Balboa(PAB) has changed % to BOP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{4}9466 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:33:52(UTC+0)
How to buy Boring Protocol
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Buy Boring Protocol (BOP)
Use a variety of payment options to buy Boring Protocol on Bitget. We'll show you how.
Buy BOP (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of BOP with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BOP 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 BOP (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of BOP to PAB. However, you can first exchange BOP 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 Boring Protocol to Panamanian Balboa?
Boring Protocol to Panamanian Balboa is falling this week.Boring Protocol's current market price is B/. 0.{4}9902 per BOP, with a total market cap of B/. 0 PAB based on a circulating supply of -- BOP. The trading volume of Boring Protocol has changed by +245.64% (B/. 406.83 PAB) in the last 24 hours. Last trading day, BOP's trading volume was B/. 165.62.
Market cap
$0
24h volume
$572.45241811
Circulating supply
0 BOP
Conversion tables
The exchange rate of Boring Protocol is decreasing.1 BOP is currently valued at B/. 0.{4}9902 PAB , which means buying 5 BOP will cost B/. 0.0004951 PAB . Similarly, B/.1 PAB can be traded for 10,099.45 BOP, and B/.50 PAB can be converted to 504,972.29 BOP, excluding any platform or gas fees.
The exchange rate of 1 BOP to Panamanian Balboa has changed by -4.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.59%, reaching a high of 0.0001010 PAB and a low of 0.{4}9224 PAB . One month ago, the value of 1 BOP was B/. 0.0002879 PAB , which represents a -65.61% change from its current value. Over the last year, Boring Protocol has changed by , resulting in a change of -89.45% in its value.
-B/.
0.0008399PABBOP to PAB
Amount
07:33 am today
0.5 BOP
B/.0.{4}4951
1 BOP
B/.0.{4}9902
5 BOP
B/.0.0004951
10 BOP
B/.0.0009902
50 BOP
B/.0.004951
100 BOP
B/.0.009902
500 BOP
B/.0.04951
1000 BOP
B/.0.09902
PAB to BOP
Amount07:33 am today
0.5PAB5,049.72 BOP
1PAB10,099.45 BOP
5PAB50,497.23 BOP
10PAB100,994.46 BOP
50PAB504,972.29 BOP
100PAB1,009,944.57 BOP
500PAB5,049,722.85 BOP
1000PAB10,099,445.71 BOP
Today vs. 24 hours ago
| Amount | 07:33 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BOP | $0.{4}4951 | $0.{4}4644 | +6.59% |
| 1 BOP | $0.{4}9902 | $0.{4}9289 | +6.59% |
| 5 BOP | $0.0004951 | $0.0004644 | +6.59% |
| 10 BOP | $0.0009902 | $0.0009289 | +6.59% |
| 50 BOP | $0.004951 | $0.004644 | +6.59% |
| 100 BOP | $0.009902 | $0.009289 | +6.59% |
| 500 BOP | $0.04951 | $0.04644 | +6.59% |
| 1000 BOP | $0.09902 | $0.09289 | +6.59% |
Today vs. 1 month ago
| Amount | 07:33 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BOP | $0.{4}4951 | $0.0001440 | -65.61% |
| 1 BOP | $0.{4}9902 | $0.0002879 | -65.61% |
| 5 BOP | $0.0004951 | $0.001440 | -65.61% |
| 10 BOP | $0.0009902 | $0.002879 | -65.61% |
| 50 BOP | $0.004951 | $0.01440 | -65.61% |
| 100 BOP | $0.009902 | $0.02879 | -65.61% |
| 500 BOP | $0.04951 | $0.1440 | -65.61% |
| 1000 BOP | $0.09902 | $0.2879 | -65.61% |
Today vs. 1 year ago
| Amount | 07:33 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BOP | $0.{4}4951 | $0.0004695 | -89.45% |
| 1 BOP | $0.{4}9902 | $0.0009390 | -89.45% |
| 5 BOP | $0.0004951 | $0.004695 | -89.45% |
| 10 BOP | $0.0009902 | $0.009390 | -89.45% |
| 50 BOP | $0.004951 | $0.04695 | -89.45% |
| 100 BOP | $0.009902 | $0.09390 | -89.45% |
| 500 BOP | $0.04951 | $0.4695 | -89.45% |
| 1000 BOP | $0.09902 | $0.9390 | -89.45% |
Boring Protocol price prediction
What will the price of BOP be in 2025?
Based on BOP's historical price performance prediction model, the price of BOP is projected to reach $0.0002178 in 2025.
What will the price of BOP be in 2030?
In 2030, the BOP price is expected to change by -7.00%. By the end of 2030, the BOP price is projected to reach $0.0003271, with a cumulative ROI of +253.16%.
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Popular Boring Protocol conversions
Check out these popular currency conversions of Boring Protocol to several fiat currencies.
Boring Protocol to USD
1 BOP to $ 0.{4}9902 USD
Boring Protocol to GBP
1 BOP to £ 0.{4}7880 GBP
Boring Protocol to EUR
1 BOP to € 0.{4}9489 EUR
Boring Protocol to KRW
1 BOP to ₩ 0.1438 KRW
Boring Protocol to CAD
1 BOP to $ 0.0001423 CAD
Boring Protocol to AUD
1 BOP to $ 0.0001584 AUD
Boring Protocol to JPY
1 BOP to ¥ 0.01552 JPY
Boring Protocol to BRL
1 BOP to R$ 0.0006021 BRL
Boring Protocol to CNY
1 BOP to ¥ 0.0007231 CNY
Boring Protocol to TWD
1 BOP to NT$ 0.003239 TWD
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1 STEEM to B/. 0.2134 PAB
Verge to PAB
1 XVG to B/. 0.01269 PAB
QuarkChain to PAB
1 QKC to B/. 0.01285 PAB
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1 MBL to B/. 0.003582 PAB
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1 LPT to B/. 14.93 PAB
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1 POWR to B/. 0.2408 PAB
BitTorrent [New] to PAB
1 BTT to B/. 0.{5}1141 PAB
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Algorand to PAB
1 ALGO to B/. 0.3563 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 Boring Protocol 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 Boring Protocol 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 Boring Protocol 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.
