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Channels to Panamanian Balboa Converter and calculator

Convert 1Channels (CAN) to Panamanian Balboa (PAB) equals B/. 0.0002940 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Channels(CAN) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 CAN at a value of 1 CAN 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Channels currency pair is the CAN to PAB, with for Channels's currency code being CAN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

CAN to PAB conversion rate trend

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In the past 1D, Channels has changed +2.00% to PAB. Based on the trend and price charts, Channels(CAN) has changed +2.00% to PAB while Panamanian Balboa(PAB) has changed % to CAN in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
B/.0.0002940
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/13 08:34:06(UTC+0)

How to buy Channels

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Buy Channels (CAN)
Use a variety of payment options to buy Channels on Bitget. We'll show you how.

Buy CAN (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading does not currently support direct buying of CAN with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy CAN with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell CAN (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading currently does not support direct selling of CAN to PAB. However, you can first exchange CAN for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Channels to Panamanian Balboa?

Channels to Panamanian Balboa is falling this week.
Channels's current market price is B/. 0.0002940 per CAN, with a total market cap of B/. 0 PAB based on a circulating supply of -- CAN. The trading volume of Channels has changed by -42.27% (B/. -199.44 PAB) in the last 24 hours. Last trading day, CAN's trading volume was B/. 471.8.
Market cap
$0
24h volume
$272.36490429
Circulating supply
0 CAN

Conversion tables

The exchange rate of Channels is decreasing.
1 CAN is currently valued at B/. 0.0002940 PAB , which means buying 5 CAN will cost B/. 0.001470 PAB . Similarly, B/.1 PAB can be traded for 3,400.87 CAN, and B/.50 PAB can be converted to 170,043.43 CAN, excluding any platform or gas fees.
The exchange rate of 1 CAN to Panamanian Balboa has changed by -2.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.00%, reaching a high of 0.0002966 PAB and a low of 0.0002841 PAB . One month ago, the value of 1 CAN was B/. 0.0002969 PAB , which represents a -0.96% change from its current value. Over the last year, Channels has changed by
+B/.
0.0001479PAB
, resulting in a change of +101.20% in its value.

CAN to PAB

Amount
12:42 today
0.5 CAN
B/.0.0001470
1 CAN
B/.0.0002940
5 CAN
B/.0.001470
10 CAN
B/.0.002940
50 CAN
B/.0.01470
100 CAN
B/.0.02940
500 CAN
B/.0.1470
1000 CAN
B/.0.2940

PAB to CAN

Amount12:42 today
0.5PAB1,700.43  CAN
1PAB3,400.87  CAN
5PAB17,004.34  CAN
10PAB34,008.69  CAN
50PAB170,043.43  CAN
100PAB340,086.87  CAN
500PAB1,700,434.35  CAN
1000PAB3,400,868.69  CAN

Today vs. 24 hours ago

Amount12:42 today24 hours ago24h change
0.5 CAN$0.0001470$0.0001441
+2.00%
1 CAN$0.0002940$0.0002883
+2.00%
5 CAN$0.001470$0.001441
+2.00%
10 CAN$0.002940$0.002883
+2.00%
50 CAN$0.01470$0.01441
+2.00%
100 CAN$0.02940$0.02883
+2.00%
500 CAN$0.1470$0.1441
+2.00%
1000 CAN$0.2940$0.2883
+2.00%

Today vs. 1 month ago

Amount12:42 today1 month ago1M change
0.5 CAN$0.0001470$0.0001484
-0.96%
1 CAN$0.0002940$0.0002969
-0.96%
5 CAN$0.001470$0.001484
-0.96%
10 CAN$0.002940$0.002969
-0.96%
50 CAN$0.01470$0.01484
-0.96%
100 CAN$0.02940$0.02969
-0.96%
500 CAN$0.1470$0.1484
-0.96%
1000 CAN$0.2940$0.2969
-0.96%

Today vs. 1 year ago

Amount12:42 today1 year ago1Y change
0.5 CAN$0.0001470$0.{4}7307
+101.20%
1 CAN$0.0002940$0.0001461
+101.20%
5 CAN$0.001470$0.0007307
+101.20%
10 CAN$0.002940$0.001461
+101.20%
50 CAN$0.01470$0.007307
+101.20%
100 CAN$0.02940$0.01461
+101.20%
500 CAN$0.1470$0.07307
+101.20%
1000 CAN$0.2940$0.1461
+101.20%

Channels price prediction

What will the price of CAN be in 2025?

Based on CAN's historical price performance prediction model, the price of CAN is projected to reach $0.{4}2748 in 2025.

What will the price of CAN be in 2030?

In 2030, the CAN price is expected to change by +6.00%. By the end of 2030, the CAN price is projected to reach $0.{4}5115, with a cumulative ROI of -82.61%.

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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 Channels 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 Channels 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 Channels 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.