DEOD
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 Decentrawood(DEOD) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 DEOD at a value of 1 DEOD 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 Decentrawood currency pair is the DEOD to PAB, with for Decentrawood's currency code being DEOD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
DEOD to PAB conversion rate trend
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In the past 1D, Decentrawood has changed +3.40% to PAB. Based on the trend and price charts, Decentrawood(DEOD) has changed +3.40% to PAB while Panamanian Balboa(PAB) has changed % to DEOD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.002899 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:31:16(UTC+0)
How to buy Decentrawood
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Buy Decentrawood (DEOD)
Use a variety of payment options to buy Decentrawood on Bitget. We'll show you how.
Buy DEOD (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of DEOD with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy DEOD 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 DEOD (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of DEOD to PAB. However, you can first exchange DEOD 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 Decentrawood to Panamanian Balboa?
Decentrawood to Panamanian Balboa is falling this week.Decentrawood's current market price is B/. 0.003029 per DEOD, with a total market cap of B/. 809,096.93 PAB based on a circulating supply of 267,132,370 DEOD. The trading volume of Decentrawood has changed by +65.36% (B/. 102,101.29 PAB) in the last 24 hours. Last trading day, DEOD's trading volume was B/. 156,202.49.
Market cap
$809.10K
24h volume
$258.30K
Circulating supply
267.13M DEOD
Conversion tables
The exchange rate of Decentrawood is decreasing.1 DEOD is currently valued at B/. 0.003029 PAB , which means buying 5 DEOD will cost B/. 0.01514 PAB . Similarly, B/.1 PAB can be traded for 330.16 DEOD, and B/.50 PAB can be converted to 16,508.06 DEOD, excluding any platform or gas fees.
The exchange rate of 1 DEOD to Panamanian Balboa has changed by -8.40% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.40%, reaching a high of 0.003046 PAB and a low of 0.002634 PAB . One month ago, the value of 1 DEOD was B/. 0.003505 PAB , which represents a -13.63% change from its current value. Over the last year, Decentrawood has changed by , resulting in a change of -24.64% in its value.
-B/.
0.0009871PABDEOD to PAB
Amount
16:18 today
0.5 DEOD
B/.0.001514
1 DEOD
B/.0.003029
5 DEOD
B/.0.01514
10 DEOD
B/.0.03029
50 DEOD
B/.0.1514
100 DEOD
B/.0.3029
500 DEOD
B/.1.51
1000 DEOD
B/.3.03
PAB to DEOD
Amount16:18 today
0.5PAB165.08 DEOD
1PAB330.16 DEOD
5PAB1,650.81 DEOD
10PAB3,301.61 DEOD
50PAB16,508.06 DEOD
100PAB33,016.11 DEOD
500PAB165,080.57 DEOD
1000PAB330,161.15 DEOD
Today vs. 24 hours ago
| Amount | 16:18 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DEOD | $0.001514 | $0.001465 | +3.40% |
| 1 DEOD | $0.003029 | $0.002930 | +3.40% |
| 5 DEOD | $0.01514 | $0.01465 | +3.40% |
| 10 DEOD | $0.03029 | $0.02930 | +3.40% |
| 50 DEOD | $0.1514 | $0.1465 | +3.40% |
| 100 DEOD | $0.3029 | $0.2930 | +3.40% |
| 500 DEOD | $1.51 | $1.46 | +3.40% |
| 1000 DEOD | $3.03 | $2.93 | +3.40% |
Today vs. 1 month ago
| Amount | 16:18 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DEOD | $0.001514 | $0.001753 | -13.63% |
| 1 DEOD | $0.003029 | $0.003505 | -13.63% |
| 5 DEOD | $0.01514 | $0.01753 | -13.63% |
| 10 DEOD | $0.03029 | $0.03505 | -13.63% |
| 50 DEOD | $0.1514 | $0.1753 | -13.63% |
| 100 DEOD | $0.3029 | $0.3505 | -13.63% |
| 500 DEOD | $1.51 | $1.75 | -13.63% |
| 1000 DEOD | $3.03 | $3.51 | -13.63% |
Today vs. 1 year ago
| Amount | 16:18 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DEOD | $0.001514 | $0.002008 | -24.64% |
| 1 DEOD | $0.003029 | $0.004016 | -24.64% |
| 5 DEOD | $0.01514 | $0.02008 | -24.64% |
| 10 DEOD | $0.03029 | $0.04016 | -24.64% |
| 50 DEOD | $0.1514 | $0.2008 | -24.64% |
| 100 DEOD | $0.3029 | $0.4016 | -24.64% |
| 500 DEOD | $1.51 | $2.01 | -24.64% |
| 1000 DEOD | $3.03 | $4.02 | -24.64% |
Decentrawood price prediction
What will the price of DEOD be in 2025?
Based on DEOD's historical price performance prediction model, the price of DEOD is projected to reach $0.005312 in 2025.
What will the price of DEOD be in 2030?
In 2030, the DEOD price is expected to change by -1.00%. By the end of 2030, the DEOD price is projected to reach $0.008996, with a cumulative ROI of +213.29%.
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Popular Decentrawood conversions
Check out these popular currency conversions of Decentrawood to several fiat currencies.
Decentrawood to USD
1 DEOD to $ 0.003029 USD
Decentrawood to GBP
1 DEOD to £ 0.002410 GBP
Decentrawood to EUR
1 DEOD to € 0.002904 EUR
Decentrawood to KRW
1 DEOD to ₩ 4.38 KRW
Decentrawood to CAD
1 DEOD to $ 0.004349 CAD
Decentrawood to AUD
1 DEOD to $ 0.004845 AUD
Decentrawood to JPY
1 DEOD to ¥ 0.4738 JPY
Decentrawood to BRL
1 DEOD to R$ 0.01843 BRL
Decentrawood to CNY
1 DEOD to ¥ 0.02210 CNY
Decentrawood to TWD
1 DEOD to NT$ 0.09883 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Decentrawood.
Hive to PAB
1 HIVE to B/. 0.3531 PAB
IDEX to PAB
1 IDEX to B/. 0.06045 PAB
BitTorrent [New] to PAB
1 BTT to B/. 0.{5}1122 PAB
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Shoggoth (shoggoth.monster) to PAB
1 SHOGGOTH to B/. 0.04478 PAB
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DeXe to PAB
1 DEXE to B/. 10.27 PAB
HEX (PulseChain) to PAB
1 HEX to B/. 0.01402 PAB
Livepeer to PAB
1 LPT to B/. 15.76 PAB
Hunt Town to PAB
1 HUNT to B/. 0.3511 PAB
Chintai to PAB
1 CHEX to B/. 0.5634 PAB
Adventure Gold to PAB
1 AGLD to B/. 1.63 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 Decentrawood 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 Decentrawood 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 Decentrawood 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.
