SPELL
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 Spell Token(SPELL) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 SPELL at a value of 1 SPELL 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 Spell Token currency pair is the SPELL to PAB, with for Spell Token's currency code being SPELL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
SPELL to PAB conversion rate trend
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In the past 1D, Spell Token has changed -1.92% to PAB. Based on the trend and price charts, Spell Token(SPELL) has changed -1.92% to PAB while Panamanian Balboa(PAB) has changed % to SPELL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.0007281 | 0.0200% / 0.0320%  VIP 7 | |
Binance | B/.0.0007288 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | B/.0.0004457 | 0.1000% / 0.1000% | Yes |
OKX | B/.0.0006632 | 0.080% / 0.100% | Yes |
Huobi | B/.0.0007280 | 0.1000% / 0.1000% | Yes |
Gate.io | B/.0.0007272 | 0.1000% / 0.1000% | Yes |
Bybit | B/.0.0007292 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/31 08:00:15(UTC+0)
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Learn MoreBuy SPELL (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of SPELL with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy SPELL 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 SPELL (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of SPELL to PAB. However, you can first exchange SPELL 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 Spell Token to Panamanian Balboa?
Spell Token to Panamanian Balboa is falling this week.Spell Token's current market price is B/. 0.0007417 per SPELL, with a total market cap of B/. 114,061,135.95 PAB based on a circulating supply of 153,777,030,000 SPELL. The trading volume of Spell Token has changed by +30.03% (B/. 1,571,239.68 PAB) in the last 24 hours. Last trading day, SPELL's trading volume was B/. 5,232,477.32.
Market cap
$114.06M
24h volume
$6.80M
Circulating supply
153.78B SPELL
Conversion tables
The exchange rate of Spell Token is decreasing.1 SPELL is currently valued at B/. 0.0007417 PAB , which means buying 5 SPELL will cost B/. 0.003709 PAB . Similarly, B/.1 PAB can be traded for 1,348.2 SPELL, and B/.50 PAB can be converted to 67,409.91 SPELL, excluding any platform or gas fees.
The exchange rate of 1 SPELL to Panamanian Balboa has changed by -5.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.92%, reaching a high of 0.0007659 PAB and a low of 0.0007200 PAB . One month ago, the value of 1 SPELL was B/. 0.0009712 PAB , which represents a -23.60% change from its current value. Over the last year, Spell Token has changed by , resulting in a change of +19.90% in its value.
+B/.
0.0001233PABSPELL to PAB
Amount
09:21 am today
0.5 SPELL
B/.0.0003709
1 SPELL
B/.0.0007417
5 SPELL
B/.0.003709
10 SPELL
B/.0.007417
50 SPELL
B/.0.03709
100 SPELL
B/.0.07417
500 SPELL
B/.0.3709
1000 SPELL
B/.0.7417
PAB to SPELL
Amount09:21 am today
0.5PAB674.1 SPELL
1PAB1,348.2 SPELL
5PAB6,740.99 SPELL
10PAB13,481.98 SPELL
50PAB67,409.91 SPELL
100PAB134,819.82 SPELL
500PAB674,099.1 SPELL
1000PAB1,348,198.21 SPELL
Today vs. 24 hours ago
| Amount | 09:21 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SPELL | $0.0003709 | $0.0003781 | -1.92% |
| 1 SPELL | $0.0007417 | $0.0007563 | -1.92% |
| 5 SPELL | $0.003709 | $0.003781 | -1.92% |
| 10 SPELL | $0.007417 | $0.007563 | -1.92% |
| 50 SPELL | $0.03709 | $0.03781 | -1.92% |
| 100 SPELL | $0.07417 | $0.07563 | -1.92% |
| 500 SPELL | $0.3709 | $0.3781 | -1.92% |
| 1000 SPELL | $0.7417 | $0.7563 | -1.92% |
Today vs. 1 month ago
| Amount | 09:21 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SPELL | $0.0003709 | $0.0004856 | -23.60% |
| 1 SPELL | $0.0007417 | $0.0009712 | -23.60% |
| 5 SPELL | $0.003709 | $0.004856 | -23.60% |
| 10 SPELL | $0.007417 | $0.009712 | -23.60% |
| 50 SPELL | $0.03709 | $0.04856 | -23.60% |
| 100 SPELL | $0.07417 | $0.09712 | -23.60% |
| 500 SPELL | $0.3709 | $0.4856 | -23.60% |
| 1000 SPELL | $0.7417 | $0.9712 | -23.60% |
Today vs. 1 year ago
| Amount | 09:21 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SPELL | $0.0003709 | $0.0003092 | +19.90% |
| 1 SPELL | $0.0007417 | $0.0006184 | +19.90% |
| 5 SPELL | $0.003709 | $0.003092 | +19.90% |
| 10 SPELL | $0.007417 | $0.006184 | +19.90% |
| 50 SPELL | $0.03709 | $0.03092 | +19.90% |
| 100 SPELL | $0.07417 | $0.06184 | +19.90% |
| 500 SPELL | $0.3709 | $0.3092 | +19.90% |
| 1000 SPELL | $0.7417 | $0.6184 | +19.90% |
Spell Token price prediction
What will the price of SPELL be in 2025?
Based on SPELL's historical price performance prediction model, the price of SPELL is projected to reach $0.001011 in 2025.
What will the price of SPELL be in 2030?
In 2030, the SPELL price is expected to change by -16.00%. By the end of 2030, the SPELL price is projected to reach $0.001519, with a cumulative ROI of +95.43%.
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Popular Spell Token conversions
Check out these popular currency conversions of Spell Token to several fiat currencies.
Spell Token to USD
1 SPELL to $ 0.0007417 USD
Spell Token to GBP
1 SPELL to £ 0.0005909 GBP
Spell Token to EUR
1 SPELL to € 0.0007127 EUR
Spell Token to KRW
1 SPELL to ₩ 1.09 KRW
Spell Token to CAD
1 SPELL to $ 0.001065 CAD
Spell Token to AUD
1 SPELL to $ 0.001193 AUD
Spell Token to JPY
1 SPELL to ¥ 0.1159 JPY
Spell Token to BRL
1 SPELL to R$ 0.004584 BRL
Spell Token to CNY
1 SPELL to ¥ 0.005423 CNY
Spell Token to TWD
1 SPELL to NT$ 0.02434 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Spell Token.
Bitcoin to PAB
1 BTC to B/. 93,893.44 PAB
Ethereum to PAB
1 ETH to B/. 3,382.36 PAB
XRP to PAB
1 XRP to B/. 2.07 PAB
Solana to PAB
1 SOL to B/. 192.32 PAB
Sui to PAB
1 SUI to B/. 4.28 PAB
Dogecoin to PAB
1 DOGE to B/. 0.3173 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}1991 PAB
Mines of Dalarnia to PAB
1 DAR to B/. 0.1891 PAB
Solar to PAB
1 SXP to B/. 0.3406 PAB
Aave to PAB
1 AAVE to B/. 315.61 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 Spell Token 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 Spell Token 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 Spell Token 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.
