็็ธ๐ฆ to PAB Converter and calculator
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Convert ็็ธ๐ฆ to PAB
Convert PAB to ็็ธ๐ฆ
็็ธ๐ฆ to PAB chart
็็ธ๐ฆ to PAB conversion data: Volatility and price changes of in PAB
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0 PAB | -- PAB | -- PAB | -- PAB |
Low | 0 PAB | -- PAB | -- PAB | -- PAB |
Average | 0 PAB | 0 PAB | 0 PAB | 0 PAB |
Volatility | % | % | % | % |
Change | -- | -- | -- | -- |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
็็ธๅธ MetaMask ๐ฆ . information
็็ธ๐ฆ to PAB market statistics
Current ็็ธ๐ฆ to PAB exchange rate
็็ธๅธ MetaMask ๐ฆ . to Panamanian Balboa is falling this week.More info about ็็ธๅธ MetaMask ๐ฆ . on Bitget
Panamanian Balboa 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 Nรบรฑez 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 Panamaโs 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 Panamaโs monetary policy.
Design and Symbolism
The design of the Panamanian Balboa features iconic national symbols, historical figures, and landmarks that narrate Panamaโs rich cultural heritage. Coins bear the image of Vasco Nรบรฑez 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 Balboaโs stability, thanks to its peg to the US Dollar, is crucial for the countryโs 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 countryโs role as a global logistics and trade hub.
Remittances and Economic Impact
Remittances play a significant role in Panamaโs 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.
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็็ธ๐ฆ to PAB Conversion tables
| Amount | 17:04 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 ็็ธ๐ฆ | B/.0.{7}3209 | B/.-- | 0.00% |
1 ็็ธ๐ฆ | B/.0.{7}6417 | B/.-- | 0.00% |
5 ็็ธ๐ฆ | B/.0.{6}3209 | B/.-- | 0.00% |
10 ็็ธ๐ฆ | B/.0.{6}6417 | B/.-- | 0.00% |
50 ็็ธ๐ฆ | B/.0.{5}3209 | B/.-- | 0.00% |
100 ็็ธ๐ฆ | B/.0.{5}6417 | B/.-- | 0.00% |
500 ็็ธ๐ฆ | B/.0.{4}3209 | B/.-- | 0.00% |
1000 ็็ธ๐ฆ | B/.0.{4}6417 | B/.-- | 0.00% |
็็ธ๐ฆ to PAB FAQ
What factors influence the conversion rate of ็็ธ๐ฆ to PAB?
Popular exchange rates โ Crypto-to-Fiat converter
The price of ็็ธๅธ MetaMask ๐ฆ . in the US is $0.R$0.{6}35646417 USD. Additionally, ็็ธๅธ MetaMask ๐ฆ .โs price is โฌ0.{7}5442 EUR in the eurozone, ยฃ0.{7}4747 GBP in the UK, C$0.{7}8762 CAD in Canada, โน0.{5}5762 INR in India, โจ0.{4}1798 PKR in Pakistan, {7} BRL in Brazil, and more.
The most popular ็็ธๅธ MetaMask ๐ฆ . currency pair is the ็็ธ๐ฆ to Panamanian Balboa(PAB). The price of 1 ็็ธๅธ MetaMask ๐ฆ . (็็ธ๐ฆ) in Panamanian Balboa (PAB) is B/.0.{7}6417.
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