GULF
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 Gulf Coin(GULF) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 GULF at a value of 1 GULF for 0.01 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 Gulf Coin currency pair is the GULF to PAB, with for Gulf Coin's currency code being GULF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
GULF to PAB conversion rate trend
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In the past 1D, Gulf Coin has changed -0.16% to PAB. Based on the trend and price charts, Gulf Coin(GULF) has changed -0.16% to PAB while Panamanian Balboa(PAB) has changed % to GULF in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.006582 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:32:48(UTC+0)
How to buy Gulf Coin
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Gulf Coin (GULF)
Use a variety of payment options to buy Gulf Coin on Bitget. We'll show you how.
Buy GULF (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of GULF with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy GULF 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 GULF (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of GULF to PAB. However, you can first exchange GULF 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 Gulf Coin to Panamanian Balboa?
Gulf Coin to Panamanian Balboa is falling this week.Gulf Coin's current market price is B/. 0.006576 per GULF, with a total market cap of B/. 0 PAB based on a circulating supply of -- GULF. The trading volume of Gulf Coin has changed by +5.20% (B/. 1,066.67 PAB) in the last 24 hours. Last trading day, GULF's trading volume was B/. 20,529.78.
Market cap
$0
24h volume
$21.60K
Circulating supply
0 GULF
Conversion tables
The exchange rate of Gulf Coin is decreasing.1 GULF is currently valued at B/. 0.006576 PAB , which means buying 5 GULF will cost B/. 0.03288 PAB . Similarly, B/.1 PAB can be traded for 152.08 GULF, and B/.50 PAB can be converted to 7,603.83 GULF, excluding any platform or gas fees.
The exchange rate of 1 GULF to Panamanian Balboa has changed by -1.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.16%, reaching a high of 0.006592 PAB and a low of 0.006574 PAB . One month ago, the value of 1 GULF was B/. 0.007694 PAB , which represents a -14.54% change from its current value. Over the last year, Gulf Coin has changed by , resulting in a change of -88.16% in its value.
-B/.
0.04895PABGULF to PAB
Amount
19:06 today
0.5 GULF
B/.0.003288
1 GULF
B/.0.006576
5 GULF
B/.0.03288
10 GULF
B/.0.06576
50 GULF
B/.0.3288
100 GULF
B/.0.6576
500 GULF
B/.3.29
1000 GULF
B/.6.58
PAB to GULF
Amount19:06 today
0.5PAB76.04 GULF
1PAB152.08 GULF
5PAB760.38 GULF
10PAB1,520.77 GULF
50PAB7,603.83 GULF
100PAB15,207.66 GULF
500PAB76,038.3 GULF
1000PAB152,076.59 GULF
Today vs. 24 hours ago
| Amount | 19:06 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GULF | $0.003288 | $0.003293 | -0.16% |
| 1 GULF | $0.006576 | $0.006586 | -0.16% |
| 5 GULF | $0.03288 | $0.03293 | -0.16% |
| 10 GULF | $0.06576 | $0.06586 | -0.16% |
| 50 GULF | $0.3288 | $0.3293 | -0.16% |
| 100 GULF | $0.6576 | $0.6586 | -0.16% |
| 500 GULF | $3.29 | $3.29 | -0.16% |
| 1000 GULF | $6.58 | $6.59 | -0.16% |
Today vs. 1 month ago
| Amount | 19:06 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GULF | $0.003288 | $0.003847 | -14.54% |
| 1 GULF | $0.006576 | $0.007694 | -14.54% |
| 5 GULF | $0.03288 | $0.03847 | -14.54% |
| 10 GULF | $0.06576 | $0.07694 | -14.54% |
| 50 GULF | $0.3288 | $0.3847 | -14.54% |
| 100 GULF | $0.6576 | $0.7694 | -14.54% |
| 500 GULF | $3.29 | $3.85 | -14.54% |
| 1000 GULF | $6.58 | $7.69 | -14.54% |
Today vs. 1 year ago
| Amount | 19:06 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GULF | $0.003288 | $0.02776 | -88.16% |
| 1 GULF | $0.006576 | $0.05552 | -88.16% |
| 5 GULF | $0.03288 | $0.2776 | -88.16% |
| 10 GULF | $0.06576 | $0.5552 | -88.16% |
| 50 GULF | $0.3288 | $2.78 | -88.16% |
| 100 GULF | $0.6576 | $5.55 | -88.16% |
| 500 GULF | $3.29 | $27.76 | -88.16% |
| 1000 GULF | $6.58 | $55.52 | -88.16% |
Gulf Coin price prediction
What will the price of GULF be in 2025?
Based on GULF's historical price performance prediction model, the price of GULF is projected to reach $0.01420 in 2025.
What will the price of GULF be in 2030?
In 2030, the GULF price is expected to change by +4.00%. By the end of 2030, the GULF price is projected to reach $0.01339, with a cumulative ROI of +103.45%.
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Popular Gulf Coin conversions
Check out these popular currency conversions of Gulf Coin to several fiat currencies.
Gulf Coin to USD
1 GULF to $ 0.006576 USD
Gulf Coin to GBP
1 GULF to £ 0.005232 GBP
Gulf Coin to EUR
1 GULF to € 0.006304 EUR
Gulf Coin to KRW
1 GULF to ₩ 9.51 KRW
Gulf Coin to CAD
1 GULF to $ 0.009441 CAD
Gulf Coin to AUD
1 GULF to $ 0.01052 AUD
Gulf Coin to JPY
1 GULF to ¥ 1.03 JPY
Gulf Coin to BRL
1 GULF to R$ 0.04002 BRL
Gulf Coin to CNY
1 GULF to ¥ 0.04799 CNY
Gulf Coin to TWD
1 GULF to NT$ 0.2146 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Gulf Coin.
Hive to PAB
1 HIVE to B/. 0.3538 PAB
Peanut the Squirrel to PAB
1 PNUT to B/. 0.7356 PAB
BitTorrent [New] to PAB
1 BTT to B/. 0.{5}1135 PAB
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
FTX Token to PAB
1 FTT to B/. 2.92 PAB
Just a chill guy to PAB
1 CHILLGUY to B/. 0.1896 PAB
Shoggoth (shoggoth.monster) to PAB
1 SHOGGOTH to B/. 0.05695 PAB
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Steem to PAB
1 STEEM to B/. 0.2277 PAB
LUCE to PAB
1 LUCE to B/. 0.08886 PAB
IDEX to PAB
1 IDEX to B/. 0.06040 PAB
Livepeer to PAB
1 LPT to B/. 16.17 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 Gulf Coin 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 Gulf Coin 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 Gulf Coin 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.
