DRGN
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 Dragonchain(DRGN) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 DRGN at a value of 1 DRGN for 0.07 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 Dragonchain currency pair is the DRGN to PAB, with for Dragonchain's currency code being DRGN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
DRGN to PAB conversion rate trend
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In the past 1D, Dragonchain has changed -4.83% to PAB. Based on the trend and price charts, Dragonchain(DRGN) has changed -4.83% to PAB while Panamanian Balboa(PAB) has changed % to DRGN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.06871 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.06777 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:16(UTC+0)
How to buy Dragonchain
Create Your Free Bitget Account
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 Dragonchain (DRGN)
Use a variety of payment options to buy Dragonchain on Bitget. We'll show you how.
Buy DRGN (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of DRGN with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy DRGN 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 DRGN (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of DRGN to PAB. However, you can first exchange DRGN 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 Dragonchain to Panamanian Balboa?
Dragonchain to Panamanian Balboa is falling this week.Dragonchain's current market price is B/. 0.06775 per DRGN, with a total market cap of B/. 25,118,276.3 PAB based on a circulating supply of 370,772,640 DRGN. The trading volume of Dragonchain has changed by -77.51% (B/. -122,983.03 PAB) in the last 24 hours. Last trading day, DRGN's trading volume was B/. 158,670.79.
Market cap
$25.12M
24h volume
$35.69K
Circulating supply
370.77M DRGN
Conversion tables
The exchange rate of Dragonchain is increasing.1 DRGN is currently valued at B/. 0.06775 PAB , which means buying 5 DRGN will cost B/. 0.3387 PAB . Similarly, B/.1 PAB can be traded for 14.76 DRGN, and B/.50 PAB can be converted to 738.05 DRGN, excluding any platform or gas fees.
The exchange rate of 1 DRGN to Panamanian Balboa has changed by -8.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.83%, reaching a high of 0.07139 PAB and a low of 0.06774 PAB . One month ago, the value of 1 DRGN was B/. 0.01865 PAB , which represents a +263.30% change from its current value. Over the last year, Dragonchain has changed by , resulting in a change of +294.16% in its value.
+B/.
0.05056PABDRGN to PAB
Amount
16:01 today
0.5 DRGN
B/.0.03387
1 DRGN
B/.0.06775
5 DRGN
B/.0.3387
10 DRGN
B/.0.6775
50 DRGN
B/.3.39
100 DRGN
B/.6.77
500 DRGN
B/.33.87
1000 DRGN
B/.67.75
PAB to DRGN
Amount16:01 today
0.5PAB7.38 DRGN
1PAB14.76 DRGN
5PAB73.81 DRGN
10PAB147.61 DRGN
50PAB738.05 DRGN
100PAB1,476.11 DRGN
500PAB7,380.54 DRGN
1000PAB14,761.07 DRGN
Today vs. 24 hours ago
| Amount | 16:01 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DRGN | $0.03387 | $0.03559 | -4.83% |
| 1 DRGN | $0.06775 | $0.07119 | -4.83% |
| 5 DRGN | $0.3387 | $0.3559 | -4.83% |
| 10 DRGN | $0.6775 | $0.7119 | -4.83% |
| 50 DRGN | $3.39 | $3.56 | -4.83% |
| 100 DRGN | $6.77 | $7.12 | -4.83% |
| 500 DRGN | $33.87 | $35.59 | -4.83% |
| 1000 DRGN | $67.75 | $71.19 | -4.83% |
Today vs. 1 month ago
| Amount | 16:01 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DRGN | $0.03387 | $0.009323 | +263.30% |
| 1 DRGN | $0.06775 | $0.01865 | +263.30% |
| 5 DRGN | $0.3387 | $0.09323 | +263.30% |
| 10 DRGN | $0.6775 | $0.1865 | +263.30% |
| 50 DRGN | $3.39 | $0.9323 | +263.30% |
| 100 DRGN | $6.77 | $1.86 | +263.30% |
| 500 DRGN | $33.87 | $9.32 | +263.30% |
| 1000 DRGN | $67.75 | $18.65 | +263.30% |
Today vs. 1 year ago
| Amount | 16:01 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DRGN | $0.03387 | $0.008593 | +294.16% |
| 1 DRGN | $0.06775 | $0.01719 | +294.16% |
| 5 DRGN | $0.3387 | $0.08593 | +294.16% |
| 10 DRGN | $0.6775 | $0.1719 | +294.16% |
| 50 DRGN | $3.39 | $0.8593 | +294.16% |
| 100 DRGN | $6.77 | $1.72 | +294.16% |
| 500 DRGN | $33.87 | $8.59 | +294.16% |
| 1000 DRGN | $67.75 | $17.19 | +294.16% |
Dragonchain price prediction
What will the price of DRGN be in 2025?
Based on DRGN's historical price performance prediction model, the price of DRGN is projected to reach $0.06934 in 2025.
What will the price of DRGN be in 2030?
In 2030, the DRGN price is expected to change by -18.00%. By the end of 2030, the DRGN price is projected to reach $0.1085, with a cumulative ROI of +52.42%.
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Popular Dragonchain conversions
Check out these popular currency conversions of Dragonchain to several fiat currencies.
Dragonchain to USD
1 DRGN to $ 0.06775 USD
Dragonchain to GBP
1 DRGN to £ 0.05391 GBP
Dragonchain to EUR
1 DRGN to € 0.06495 EUR
Dragonchain to KRW
1 DRGN to ₩ 97.99 KRW
Dragonchain to CAD
1 DRGN to $ 0.09727 CAD
Dragonchain to AUD
1 DRGN to $ 0.1084 AUD
Dragonchain to JPY
1 DRGN to ¥ 10.6 JPY
Dragonchain to BRL
1 DRGN to R$ 0.4123 BRL
Dragonchain to CNY
1 DRGN to ¥ 0.4944 CNY
Dragonchain to TWD
1 DRGN to NT$ 2.21 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Dragonchain.
Hive to PAB
1 HIVE to B/. 0.3440 PAB
IDEX to PAB
1 IDEX to B/. 0.05995 PAB
BitTorrent [New] to PAB
1 BTT to B/. 0.{5}1123 PAB
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Shoggoth (shoggoth.monster) to PAB
1 SHOGGOTH to B/. 0.04578 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 Dragonchain 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 Dragonchain 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 Dragonchain 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.
