MBLK
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 Magical Blocks(MBLK) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 MBLK at a value of 1 MBLK 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 Magical Blocks currency pair is the MBLK to PAB, with for Magical Blocks's currency code being MBLK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
MBLK to PAB conversion rate trend
1D7D1M3M1YAll
In the past 1D, Magical Blocks has changed +6.46% to PAB. Based on the trend and price charts, Magical Blocks(MBLK) has changed +6.46% to PAB while Panamanian Balboa(PAB) has changed % to MBLK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.002429 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.002706 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/16 16:00:13(UTC+0)
How to buy Magical Blocks
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 Magical Blocks (MBLK)
Use a variety of payment options to buy Magical Blocks on Bitget. We'll show you how.
Buy MBLK (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of MBLK with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy MBLK with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell MBLK (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of MBLK to PAB. However, you can first exchange MBLK 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 |
|---|
No matching ads found.
What factors influence the conversion rate of Magical Blocks to Panamanian Balboa?
Magical Blocks to Panamanian Balboa is falling this week.Magical Blocks's current market price is B/. 0.002433 per MBLK, with a total market cap of B/. 281,714.53 PAB based on a circulating supply of 115,766,920 MBLK. The trading volume of Magical Blocks has changed by -46.02% (B/. -1,638.78 PAB) in the last 24 hours. Last trading day, MBLK's trading volume was B/. 3,560.83.
Market cap
$281.71K
24h volume
$1.92K
Circulating supply
115.77M MBLK
Conversion tables
The exchange rate of Magical Blocks is decreasing.1 MBLK is currently valued at B/. 0.002433 PAB , which means buying 5 MBLK will cost B/. 0.01217 PAB . Similarly, B/.1 PAB can be traded for 410.94 MBLK, and B/.50 PAB can be converted to 20,546.85 MBLK, excluding any platform or gas fees.
The exchange rate of 1 MBLK to Panamanian Balboa has changed by -28.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.46%, reaching a high of 0.002738 PAB and a low of 0.002286 PAB . One month ago, the value of 1 MBLK was B/. 0.003793 PAB , which represents a -35.84% change from its current value. Over the last year, Magical Blocks has changed by , resulting in a change of -97.72% in its value.
+B/.
0.002434PABMBLK to PAB
Amount
19:27 today
0.5 MBLK
B/.0.001217
1 MBLK
B/.0.002433
5 MBLK
B/.0.01217
10 MBLK
B/.0.02433
50 MBLK
B/.0.1217
100 MBLK
B/.0.2433
500 MBLK
B/.1.22
1000 MBLK
B/.2.43
PAB to MBLK
Amount19:27 today
0.5PAB205.47 MBLK
1PAB410.94 MBLK
5PAB2,054.68 MBLK
10PAB4,109.37 MBLK
50PAB20,546.85 MBLK
100PAB41,093.7 MBLK
500PAB205,468.49 MBLK
1000PAB410,936.97 MBLK
Today vs. 24 hours ago
| Amount | 19:27 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MBLK | $0.001217 | $0.001143 | +6.46% |
| 1 MBLK | $0.002433 | $0.002286 | +6.46% |
| 5 MBLK | $0.01217 | $0.01143 | +6.46% |
| 10 MBLK | $0.02433 | $0.02286 | +6.46% |
| 50 MBLK | $0.1217 | $0.1143 | +6.46% |
| 100 MBLK | $0.2433 | $0.2286 | +6.46% |
| 500 MBLK | $1.22 | $1.14 | +6.46% |
| 1000 MBLK | $2.43 | $2.29 | +6.46% |
Today vs. 1 month ago
| Amount | 19:27 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MBLK | $0.001217 | $0.001896 | -35.84% |
| 1 MBLK | $0.002433 | $0.003793 | -35.84% |
| 5 MBLK | $0.01217 | $0.01896 | -35.84% |
| 10 MBLK | $0.02433 | $0.03793 | -35.84% |
| 50 MBLK | $0.1217 | $0.1896 | -35.84% |
| 100 MBLK | $0.2433 | $0.3793 | -35.84% |
| 500 MBLK | $1.22 | $1.9 | -35.84% |
| 1000 MBLK | $2.43 | $3.79 | -35.84% |
Today vs. 1 year ago
| Amount | 19:27 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MBLK | $0.001217 | $-0.{7}2957 | -97.72% |
| 1 MBLK | $0.002433 | $-0.{7}5914 | -97.72% |
| 5 MBLK | $0.01217 | $-0.{6}2957 | -97.72% |
| 10 MBLK | $0.02433 | $-0.{6}5914 | -97.72% |
| 50 MBLK | $0.1217 | $-0.{5}2957 | -97.72% |
| 100 MBLK | $0.2433 | $-0.{5}5914 | -97.72% |
| 500 MBLK | $1.22 | $-0.{4}2957 | -97.72% |
| 1000 MBLK | $2.43 | $-0.{4}5914 | -97.72% |
Magical Blocks price prediction
What will the price of MBLK be in 2025?
Based on MBLK's historical price performance prediction model, the price of MBLK is projected to reach $0.01338 in 2025.
What will the price of MBLK be in 2030?
In 2030, the MBLK price is expected to change by -15.00%. By the end of 2030, the MBLK price is projected to reach $0.02260, with a cumulative ROI of +1047.00%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Magical Blocks conversions
Check out these popular currency conversions of Magical Blocks to several fiat currencies.
Magical Blocks to USD
1 MBLK to $ 0.002433 USD
Magical Blocks to GBP
1 MBLK to £ 0.001929 GBP
Magical Blocks to EUR
1 MBLK to € 0.002308 EUR
Magical Blocks to KRW
1 MBLK to ₩ 3.4 KRW
Magical Blocks to CAD
1 MBLK to $ 0.003431 CAD
Magical Blocks to AUD
1 MBLK to $ 0.003766 AUD
Magical Blocks to JPY
1 MBLK to ¥ 0.3756 JPY
Magical Blocks to BRL
1 MBLK to R$ 0.01411 BRL
Magical Blocks to CNY
1 MBLK to ¥ 0.01761 CNY
Magical Blocks to TWD
1 MBLK to NT$ 0.07903 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Magical Blocks.
FLOKI to PAB
1 FLOKI to B/. 0.0002437 PAB
BOOK OF MEME to PAB
1 BOME to B/. 0.01020 PAB
Neiro (First Neiro On Ethereum) to PAB
1 NEIRO to B/. -- PAB
ConstitutionDAO to PAB
1 PEOPLE to B/. 0.06491 PAB
Peanut the Squirrel to PAB
1 PNUT to B/. 1.75 PAB
Turbo to PAB
1 TURBO to B/. 0.008937 PAB
Cardano to PAB
1 ADA to B/. 0.7607 PAB
Hooked Protocol to PAB
1 HOOK to B/. 0.4139 PAB
Dogecoin to PAB
1 DOGE to B/. 0.3712 PAB
Aevo to PAB
1 AEVO to B/. 0.3723 PAB
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 Magical Blocks 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 Magical Blocks 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 Magical Blocks 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.
