BASED
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 Based Finance(BASED) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 BASED at a value of 1 BASED 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 Based Finance currency pair is the BASED to PAB, with for Based Finance's currency code being BASED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
BASED to PAB conversion rate trend
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In the past 1D, Based Finance has changed +3.98% to PAB. Based on the trend and price charts, Based Finance(BASED) has changed +3.98% to PAB while Panamanian Balboa(PAB) has changed % to BASED in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.01283 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 08:34:17(UTC+0)
How to buy Based Finance
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 Based Finance (BASED)
Use a variety of payment options to buy Based Finance on Bitget. We'll show you how.
Buy BASED (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of BASED with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BASED 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 BASED (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of BASED to PAB. However, you can first exchange BASED 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 Based Finance to Panamanian Balboa?
Based Finance to Panamanian Balboa is falling this week.Based Finance's current market price is B/. 0.01283 per BASED, with a total market cap of B/. 0 PAB based on a circulating supply of -- BASED. The trading volume of Based Finance has changed by -96.01% (B/. -481.97 PAB) in the last 24 hours. Last trading day, BASED's trading volume was B/. 502.02.
Market cap
$0
24h volume
$20.04497203
Circulating supply
0 BASED
Conversion tables
The exchange rate of Based Finance is decreasing.1 BASED is currently valued at B/. 0.01283 PAB , which means buying 5 BASED will cost B/. 0.06413 PAB . Similarly, B/.1 PAB can be traded for 77.96 BASED, and B/.50 PAB can be converted to 3,898.18 BASED, excluding any platform or gas fees.
The exchange rate of 1 BASED to Panamanian Balboa has changed by -11.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.98%, reaching a high of 0.01301 PAB and a low of 0.01234 PAB . One month ago, the value of 1 BASED was B/. 0.02067 PAB , which represents a -37.94% change from its current value. Over the last year, Based Finance has changed by , resulting in a change of -62.21% in its value.
-B/.
0.02112PABBASED to PAB
Amount
11:57 am today
0.5 BASED
B/.0.006413
1 BASED
B/.0.01283
5 BASED
B/.0.06413
10 BASED
B/.0.1283
50 BASED
B/.0.6413
100 BASED
B/.1.28
500 BASED
B/.6.41
1000 BASED
B/.12.83
PAB to BASED
Amount11:57 am today
0.5PAB38.98 BASED
1PAB77.96 BASED
5PAB389.82 BASED
10PAB779.64 BASED
50PAB3,898.18 BASED
100PAB7,796.37 BASED
500PAB38,981.83 BASED
1000PAB77,963.66 BASED
Today vs. 24 hours ago
| Amount | 11:57 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BASED | $0.006413 | $0.006168 | +3.98% |
| 1 BASED | $0.01283 | $0.01234 | +3.98% |
| 5 BASED | $0.06413 | $0.06168 | +3.98% |
| 10 BASED | $0.1283 | $0.1234 | +3.98% |
| 50 BASED | $0.6413 | $0.6168 | +3.98% |
| 100 BASED | $1.28 | $1.23 | +3.98% |
| 500 BASED | $6.41 | $6.17 | +3.98% |
| 1000 BASED | $12.83 | $12.34 | +3.98% |
Today vs. 1 month ago
| Amount | 11:57 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BASED | $0.006413 | $0.01033 | -37.94% |
| 1 BASED | $0.01283 | $0.02067 | -37.94% |
| 5 BASED | $0.06413 | $0.1033 | -37.94% |
| 10 BASED | $0.1283 | $0.2067 | -37.94% |
| 50 BASED | $0.6413 | $1.03 | -37.94% |
| 100 BASED | $1.28 | $2.07 | -37.94% |
| 500 BASED | $6.41 | $10.33 | -37.94% |
| 1000 BASED | $12.83 | $20.67 | -37.94% |
Today vs. 1 year ago
| Amount | 11:57 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BASED | $0.006413 | $0.01697 | -62.21% |
| 1 BASED | $0.01283 | $0.03394 | -62.21% |
| 5 BASED | $0.06413 | $0.1697 | -62.21% |
| 10 BASED | $0.1283 | $0.3394 | -62.21% |
| 50 BASED | $0.6413 | $1.7 | -62.21% |
| 100 BASED | $1.28 | $3.39 | -62.21% |
| 500 BASED | $6.41 | $16.97 | -62.21% |
| 1000 BASED | $12.83 | $33.94 | -62.21% |
Based Finance price prediction
What will the price of BASED be in 2025?
Based on BASED's historical price performance prediction model, the price of BASED is projected to reach $0.02050 in 2025.
What will the price of BASED be in 2030?
In 2030, the BASED price is expected to change by -2.00%. By the end of 2030, the BASED price is projected to reach $0.02185, with a cumulative ROI of +70.35%.
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Popular Based Finance conversions
Check out these popular currency conversions of Based Finance to several fiat currencies.
Based Finance to USD
1 BASED to $ 0.01283 USD
Based Finance to GBP
1 BASED to £ 0.01020 GBP
Based Finance to EUR
1 BASED to € 0.01222 EUR
Based Finance to KRW
1 BASED to ₩ 17.97 KRW
Based Finance to CAD
1 BASED to $ 0.01790 CAD
Based Finance to AUD
1 BASED to $ 0.01969 AUD
Based Finance to JPY
1 BASED to ¥ 1.98 JPY
Based Finance to BRL
1 BASED to R$ 0.07494 BRL
Based Finance to CNY
1 BASED to ¥ 0.09303 CNY
Based Finance to TWD
1 BASED to NT$ 0.4160 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Based Finance.
Bitcoin to PAB
1 BTC to B/. 98,166.52 PAB
MAD to PAB
1 MAD to B/. 0.{4}4490 PAB
Stellar to PAB
1 XLM to B/. 0.5209 PAB
EGO to PAB
1 EGO to B/. 0.02333 PAB
Cardano to PAB
1 ADA to B/. 1.05 PAB
Puffer to PAB
1 PUFFER to B/. -- PAB
XRP to PAB
1 XRP to B/. 1.47 PAB
Just a chill guy to PAB
1 CHILLGUY to B/. 0.4138 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4248 PAB
The Sandbox to PAB
1 SAND to B/. 0.7568 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 Based Finance 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 Based Finance 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 Based Finance 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.
