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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.13%
New listings on Bitget: Pi Network
BTC/USDT$84648.89 (+1.32%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.13%
New listings on Bitget: Pi Network
BTC/USDT$84648.89 (+1.32%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
COLS
PAB
Last updated as of 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 Cointel(COLS) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 COLS at a value of 1 COLS for 0.03 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 Cointel currency pair is the COLS to PAB, with for Cointel's currency code being COLS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
COLS to PAB conversion rate trend
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In the past 1D, Cointel has changed -2.53% to PAB. Based on the trend and price charts, Cointel(COLS) has changed -2.53% to PAB while Panamanian Balboa(PAB) has changed % to COLS in the last 24 hours.
COLS to PAB market statistics
COLS/PAB:
B/. 0.03448
COLS 24h volume:
B/. 1,839,912.92
COLS market cap:
--
COLS circulating supply:
0 COLS
More info about Cointel on Bitget
Current COLS to PAB exchange rate
Cointel to Panamanian Balboa is rising this week.Cointel's current market price is B/. 0.03448 per COLS, with a total market cap of B/. 0 PAB based on a circulating supply of -- COLS. The trading volume of Cointel has changed by -34.92% (B/. -987,459.99 PAB) in the last 24 hours. Last trading day, COLS's trading volume was B/. 2,827,372.91.
COLS to PAB Conversion tables
The exchange rate of Cointel is increasing.1 COLS is currently valued at B/. 0.03448 PAB , which means buying 5 COLS will cost B/. 0.1724 PAB . Similarly, B/.1 PAB can be traded for 29 COLS, and B/.50 PAB can be converted to 1,449.95 COLS, excluding any platform or gas fees.
The exchange rate of 1 COLS to Panamanian Balboa has changed by -6.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.53%, reaching a high of 0.03955 PAB and a low of 0.03248 PAB . One month ago, the value of 1 COLS was B/. -0.{5}8672 PAB , which represents a -10.51% change from its current value. Over the last year, Cointel has changed by , resulting in a change of +1.27% in its value.
+B/.
0.03449PABCOLS to PAB
Amount
10:02 am today
0.5 COLS
B/.0.01724
1 COLS
B/.0.03448
5 COLS
B/.0.1724
10 COLS
B/.0.3448
50 COLS
B/.1.72
100 COLS
B/.3.45
500 COLS
B/.17.24
1000 COLS
B/.34.48
PAB to COLS
Amount10:02 am today
0.5PAB14.5 COLS
1PAB29 COLS
5PAB144.99 COLS
10PAB289.99 COLS
50PAB1,449.95 COLS
100PAB2,899.89 COLS
500PAB14,499.47 COLS
1000PAB28,998.95 COLS
COLS to PAB Today vs. 24 hours ago
| Amount | 10:02 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 COLS | B/.0.01724 | B/.0.01769 | -2.53% |
| 1 COLS | B/.0.03448 | B/.0.03538 | -2.53% |
| 5 COLS | B/.0.1724 | B/.0.1769 | -2.53% |
| 10 COLS | B/.0.3448 | B/.0.3538 | -2.53% |
| 50 COLS | B/.1.72 | B/.1.77 | -2.53% |
| 100 COLS | B/.3.45 | B/.3.54 | -2.53% |
| 500 COLS | B/.17.24 | B/.17.69 | -2.53% |
| 1000 COLS | B/.34.48 | B/.35.38 | -2.53% |
COLS to PAB Today vs. 1 month ago
| Amount | 10:02 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 COLS | B/.0.01724 | B/.-0.{5}4336 | -10.51% |
| 1 COLS | B/.0.03448 | B/.-0.{5}8672 | -10.51% |
| 5 COLS | B/.0.1724 | B/.-0.{4}4336 | -10.51% |
| 10 COLS | B/.0.3448 | B/.-0.{4}8672 | -10.51% |
| 50 COLS | B/.1.72 | B/.-0.0004336 | -10.51% |
| 100 COLS | B/.3.45 | B/.-0.0008672 | -10.51% |
| 500 COLS | B/.17.24 | B/.-0.004336 | -10.51% |
| 1000 COLS | B/.34.48 | B/.-0.008672 | -10.51% |
COLS to PAB Today vs. 1 year ago
| Amount | 10:02 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 COLS | B/.0.01724 | B/.-0.{5}4336 | +1.27% |
| 1 COLS | B/.0.03448 | B/.-0.{5}8672 | +1.27% |
| 5 COLS | B/.0.1724 | B/.-0.{4}4336 | +1.27% |
| 10 COLS | B/.0.3448 | B/.-0.{4}8672 | +1.27% |
| 50 COLS | B/.1.72 | B/.-0.0004336 | +1.27% |
| 100 COLS | B/.3.45 | B/.-0.0008672 | +1.27% |
| 500 COLS | B/.17.24 | B/.-0.004336 | +1.27% |
| 1000 COLS | B/.34.48 | B/.-0.008672 | +1.27% |
How to convert COLS to PAB
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert COLS to PAB
Use a variety of payment options to buy Cointel on Bitget. We'll show you how.
Buy COLS (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of COLS with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy COLS 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 COLS (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of COLS to PAB. However, you can first exchange COLS 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 COLS to PAB?
There are many factors that affect the relationship between Cointel and Panamanian Balboa, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of COLS/PAB. When there is positive news in the market about the widespread adoption of COLS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of COLS/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in COLS/PAB.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of COLS/PAB. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Cointel and adjust their investment strategies accordingly in the evolving market.
Cointel price prediction
What will the price of COLS be in 2026?
Based on COLS's historical price performance prediction model, the price of COLS is projected to reach $0.04234 in 2026.
What will the price of COLS be in 2031?
In 2031, the COLS price is expected to change by +27.00%. By the end of 2031, the COLS price is projected to reach $0.1198, with a cumulative ROI of +249.65%.
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Popular Cointel Converter
Check out these popular currency conversions of Cointel to several fiat currencies.
COLS to TWD
1 COLS to NT$ 1.14 TWD
COLS to CNY
1 COLS to ¥ 0.2512 CNY
COLS to USD
1 COLS to $ 0.03448 USD
COLS to PAB
1 COLS to B/. 0.03448 PAB
COLS to EUR
1 COLS to € 0.03134 EUR
COLS to CAD
1 COLS to $ 0.04873 CAD
COLS to KRW
1 COLS to ₩ 49.77 KRW
COLS to JPY
1 COLS to ¥ 5.04 JPY
COLS to GBP
1 COLS to £ 0.02650 GBP
COLS to BRL
1 COLS to R$ 0.1949 BRL
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Cointel.
ATOM to PAB
1 ATOM to B/. 4.82 PAB
DGB to PAB
1 DGB to B/. 0.01057 PAB
USUAL to PAB
1 USUAL to B/. 0.1410 PAB
AMP to PAB
1 AMP to B/. 0.003675 PAB
FUN to PAB
1 FUN to B/. 0.005171 PAB
CRTS to PAB
1 CRTS to B/. 0.0002941 PAB
BSW to PAB
1 BSW to B/. 0.01817 PAB
PI to PAB
1 PI to B/. 0.5538 PAB
STO to PAB
1 STO to B/. 0.06883 PAB
BORA to PAB
1 BORA to B/. 0.08951 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 Cointel 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 Cointel 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 Cointel 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.
