CANDLE
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 Candle Cat(CANDLE) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 CANDLE at a value of 1 CANDLE 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 Candle Cat currency pair is the CANDLE to PAB, with for Candle Cat's currency code being CANDLE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
CANDLE to PAB conversion rate trend
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In the past 1D, Candle Cat has changed -3.55% to PAB. Based on the trend and price charts, Candle Cat(CANDLE) has changed -3.55% to PAB while Panamanian Balboa(PAB) has changed % to CANDLE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.001244 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/02 16:33:23(UTC+0)
How to buy Candle Cat
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Candle Cat (CANDLE)
Use a variety of payment options to buy Candle Cat on Bitget. We'll show you how.
Buy CANDLE (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of CANDLE with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy CANDLE with USDT via Bitget spot market.
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Sell CANDLE (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of CANDLE to PAB. However, you can first exchange CANDLE for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Candle Cat to Panamanian Balboa?
Candle Cat to Panamanian Balboa is falling this week.Candle Cat's current market price is B/. 0.001241 per CANDLE, with a total market cap of B/. 0 PAB based on a circulating supply of -- CANDLE. The trading volume of Candle Cat has changed by +30.90% (B/. 357.36 PAB) in the last 24 hours. Last trading day, CANDLE's trading volume was B/. 1,156.59.
Market cap
$0
24h volume
$1.51K
Circulating supply
0 CANDLE
Conversion tables
The exchange rate of Candle Cat is decreasing.1 CANDLE is currently valued at B/. 0.001241 PAB , which means buying 5 CANDLE will cost B/. 0.006203 PAB . Similarly, B/.1 PAB can be traded for 806.12 CANDLE, and B/.50 PAB can be converted to 40,305.76 CANDLE, excluding any platform or gas fees.
The exchange rate of 1 CANDLE to Panamanian Balboa has changed by -11.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.55%, reaching a high of 0.001286 PAB and a low of 0.001241 PAB . One month ago, the value of 1 CANDLE was B/. 0.001385 PAB , which represents a -10.40% change from its current value. Over the last year, Candle Cat has changed by , resulting in a change of -88.88% in its value.
+B/.
0.001241PABCANDLE to PAB
Amount
19:29 today
0.5 CANDLE
B/.0.0006203
1 CANDLE
B/.0.001241
5 CANDLE
B/.0.006203
10 CANDLE
B/.0.01241
50 CANDLE
B/.0.06203
100 CANDLE
B/.0.1241
500 CANDLE
B/.0.6203
1000 CANDLE
B/.1.24
PAB to CANDLE
Amount19:29 today
0.5PAB403.06 CANDLE
1PAB806.12 CANDLE
5PAB4,030.58 CANDLE
10PAB8,061.15 CANDLE
50PAB40,305.76 CANDLE
100PAB80,611.51 CANDLE
500PAB403,057.56 CANDLE
1000PAB806,115.12 CANDLE
Today vs. 24 hours ago
| Amount | 19:29 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CANDLE | $0.0006203 | $0.0006431 | -3.55% |
| 1 CANDLE | $0.001241 | $0.001286 | -3.55% |
| 5 CANDLE | $0.006203 | $0.006431 | -3.55% |
| 10 CANDLE | $0.01241 | $0.01286 | -3.55% |
| 50 CANDLE | $0.06203 | $0.06431 | -3.55% |
| 100 CANDLE | $0.1241 | $0.1286 | -3.55% |
| 500 CANDLE | $0.6203 | $0.6431 | -3.55% |
| 1000 CANDLE | $1.24 | $1.29 | -3.55% |
Today vs. 1 month ago
| Amount | 19:29 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CANDLE | $0.0006203 | $0.0006923 | -10.40% |
| 1 CANDLE | $0.001241 | $0.001385 | -10.40% |
| 5 CANDLE | $0.006203 | $0.006923 | -10.40% |
| 10 CANDLE | $0.01241 | $0.01385 | -10.40% |
| 50 CANDLE | $0.06203 | $0.06923 | -10.40% |
| 100 CANDLE | $0.1241 | $0.1385 | -10.40% |
| 500 CANDLE | $0.6203 | $0.6923 | -10.40% |
| 1000 CANDLE | $1.24 | $1.38 | -10.40% |
Today vs. 1 year ago
| Amount | 19:29 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CANDLE | $0.0006203 | $0.00 | -88.88% |
| 1 CANDLE | $0.001241 | $0.00 | -88.88% |
| 5 CANDLE | $0.006203 | $0.00 | -88.88% |
| 10 CANDLE | $0.01241 | $0.00 | -88.88% |
| 50 CANDLE | $0.06203 | $0.00 | -88.88% |
| 100 CANDLE | $0.1241 | $0.00 | -88.88% |
| 500 CANDLE | $0.6203 | $0.00 | -88.88% |
| 1000 CANDLE | $1.24 | $0.00 | -88.88% |
Candle Cat price prediction
What will the price of CANDLE be in 2025?
Based on CANDLE's historical price performance prediction model, the price of CANDLE is projected to reach $0.002908 in 2025.
What will the price of CANDLE be in 2030?
In 2030, the CANDLE price is expected to change by +2.00%. By the end of 2030, the CANDLE price is projected to reach $0.003594, with a cumulative ROI of +176.88%.
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Popular Candle Cat conversions
Check out these popular currency conversions of Candle Cat to several fiat currencies.
Candle Cat to USD
1 CANDLE to $ 0.001241 USD
Candle Cat to GBP
1 CANDLE to £ 0.0009595 GBP
Candle Cat to EUR
1 CANDLE to € 0.001141 EUR
Candle Cat to KRW
1 CANDLE to ₩ 1.71 KRW
Candle Cat to CAD
1 CANDLE to $ 0.001733 CAD
Candle Cat to AUD
1 CANDLE to $ 0.001891 AUD
Candle Cat to JPY
1 CANDLE to ¥ 0.1898 JPY
Candle Cat to BRL
1 CANDLE to R$ 0.007281 BRL
Candle Cat to CNY
1 CANDLE to ¥ 0.008843 CNY
Candle Cat to TWD
1 CANDLE to NT$ 0.03962 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Candle Cat.
Bitcoin to PAB
1 BTC to B/. 69,459.84 PAB
Grass to PAB
1 GRASS to B/. -- PAB
Solana to PAB
1 SOL to B/. 164.19 PAB
Sui to PAB
1 SUI to B/. 1.89 PAB
Dogecoin to PAB
1 DOGE to B/. 0.1591 PAB
Ethereum to PAB
1 ETH to B/. 2,489.1 PAB
Pepe to PAB
1 PEPE to B/. 0.{5}8654 PAB
Virtuals Protocol to PAB
1 VIRTUAL to B/. 0.4374 PAB
Goatseus Maximus to PAB
1 GOAT to B/. 0.4368 PAB
BNB to PAB
1 BNB to B/. 568.84 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 Candle Cat 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 Candle Cat 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 Candle Cat 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.
