MVI
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 Metaverse Index(MVI) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 MVI at a value of 1 MVI for 30.79 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 Metaverse Index currency pair is the MVI to PAB, with for Metaverse Index's currency code being MVI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
MVI to PAB conversion rate trend
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In the past 1D, Metaverse Index has changed +7.25% to PAB. Based on the trend and price charts, Metaverse Index(MVI) has changed +7.25% to PAB while Panamanian Balboa(PAB) has changed % to MVI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.30.33 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/18 16:32:38(UTC+0)
How to buy Metaverse Index
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Buy Metaverse Index (MVI)
Use a variety of payment options to buy Metaverse Index on Bitget. We'll show you how.
Buy MVI (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of MVI with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy MVI 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 MVI (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of MVI to PAB. However, you can first exchange MVI 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 Metaverse Index to Panamanian Balboa?
Metaverse Index to Panamanian Balboa is rising this week.Metaverse Index's current market price is B/. 30.79 per MVI, with a total market cap of B/. 0 PAB based on a circulating supply of -- MVI. The trading volume of Metaverse Index has changed by +92.80% (B/. 12,296.38 PAB) in the last 24 hours. Last trading day, MVI's trading volume was B/. 13,249.89.
Market cap
$0
24h volume
$25.55K
Circulating supply
0 MVI
Conversion tables
The exchange rate of Metaverse Index is increasing.1 MVI is currently valued at B/. 30.79 PAB , which means buying 5 MVI will cost B/. 153.93 PAB . Similarly, B/.1 PAB can be traded for 0.03248 MVI, and B/.50 PAB can be converted to 1.62 MVI, excluding any platform or gas fees.
The exchange rate of 1 MVI to Panamanian Balboa has changed by +15.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.25%, reaching a high of 30.79 PAB and a low of 28.71 PAB . One month ago, the value of 1 MVI was B/. 25.21 PAB , which represents a +22.10% change from its current value. Over the last year, Metaverse Index has changed by , resulting in a change of +52.94% in its value.
+B/.
0.6563PABMVI to PAB
Amount
19:24 today
0.5 MVI
B/.15.39
1 MVI
B/.30.79
5 MVI
B/.153.93
10 MVI
B/.307.86
50 MVI
B/.1,539.29
100 MVI
B/.3,078.57
500 MVI
B/.15,392.87
1000 MVI
B/.30,785.74
PAB to MVI
Amount19:24 today
0.5PAB0.01624 MVI
1PAB0.03248 MVI
5PAB0.1624 MVI
10PAB0.3248 MVI
50PAB1.62 MVI
100PAB3.25 MVI
500PAB16.24 MVI
1000PAB32.48 MVI
Today vs. 24 hours ago
| Amount | 19:24 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MVI | $15.39 | $14.35 | +7.25% |
| 1 MVI | $30.79 | $28.71 | +7.25% |
| 5 MVI | $153.93 | $143.53 | +7.25% |
| 10 MVI | $307.86 | $287.06 | +7.25% |
| 50 MVI | $1,539.29 | $1,435.29 | +7.25% |
| 100 MVI | $3,078.57 | $2,870.59 | +7.25% |
| 500 MVI | $15,392.87 | $14,352.93 | +7.25% |
| 1000 MVI | $30,785.74 | $28,705.85 | +7.25% |
Today vs. 1 month ago
| Amount | 19:24 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MVI | $15.39 | $12.61 | +22.10% |
| 1 MVI | $30.79 | $25.21 | +22.10% |
| 5 MVI | $153.93 | $126.07 | +22.10% |
| 10 MVI | $307.86 | $252.15 | +22.10% |
| 50 MVI | $1,539.29 | $1,260.73 | +22.10% |
| 100 MVI | $3,078.57 | $2,521.45 | +22.10% |
| 500 MVI | $15,392.87 | $12,607.26 | +22.10% |
| 1000 MVI | $30,785.74 | $25,214.51 | +22.10% |
Today vs. 1 year ago
| Amount | 19:24 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MVI | $15.39 | $10.06 | +52.94% |
| 1 MVI | $30.79 | $20.13 | +52.94% |
| 5 MVI | $153.93 | $100.65 | +52.94% |
| 10 MVI | $307.86 | $201.29 | +52.94% |
| 50 MVI | $1,539.29 | $1,006.47 | +52.94% |
| 100 MVI | $3,078.57 | $2,012.94 | +52.94% |
| 500 MVI | $15,392.87 | $10,064.71 | +52.94% |
| 1000 MVI | $30,785.74 | $20,129.43 | +52.94% |
Metaverse Index price prediction
What will the price of MVI be in 2025?
Based on MVI's historical price performance prediction model, the price of MVI is projected to reach $40.39 in 2025.
What will the price of MVI be in 2030?
In 2030, the MVI price is expected to change by -7.00%. By the end of 2030, the MVI price is projected to reach $45.74, with a cumulative ROI of +70.42%.
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Popular Metaverse Index conversions
Check out these popular currency conversions of Metaverse Index to several fiat currencies.
Metaverse Index to USD
1 MVI to $ 30.79 USD
Metaverse Index to GBP
1 MVI to £ 24.28 GBP
Metaverse Index to EUR
1 MVI to € 29.05 EUR
Metaverse Index to KRW
1 MVI to ₩ 42,856.51 KRW
Metaverse Index to CAD
1 MVI to $ 43.12 CAD
Metaverse Index to AUD
1 MVI to $ 47.3 AUD
Metaverse Index to JPY
1 MVI to ¥ 4,760.42 JPY
Metaverse Index to BRL
1 MVI to R$ 176.72 BRL
Metaverse Index to CNY
1 MVI to ¥ 222.79 CNY
Metaverse Index to TWD
1 MVI to NT$ 999.7 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Metaverse Index.
XRP to PAB
1 XRP to B/. 1.09 PAB
Cardano to PAB
1 ADA to B/. 0.7336 PAB
Hooked Protocol to PAB
1 HOOK to B/. 0.4367 PAB
Solana to PAB
1 SOL to B/. 236.38 PAB
Dogecoin to PAB
1 DOGE to B/. 0.3681 PAB
Aevo to PAB
1 AEVO to B/. 0.3750 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}2019 PAB
Peanut the Squirrel to PAB
1 PNUT to B/. 1.59 PAB
Bonk to PAB
1 BONK to B/. 0.{4}4693 PAB
Hedera to PAB
1 HBAR to B/. 0.1258 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 Metaverse Index 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 Metaverse Index 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 Metaverse Index 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.
