ELEPHANT
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 Elephant Money(ELEPHANT) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 ELEPHANT at a value of 1 ELEPHANT 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 Elephant Money currency pair is the ELEPHANT to PAB, with for Elephant Money's currency code being ELEPHANT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
ELEPHANT to PAB conversion rate trend
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In the past 1D, Elephant Money has changed -0.31% to PAB. Based on the trend and price charts, Elephant Money(ELEPHANT) has changed -0.31% to PAB while Panamanian Balboa(PAB) has changed % to ELEPHANT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{7}4432 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/28 16:34:00(UTC+0)
How to buy Elephant Money
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Buy Elephant Money (ELEPHANT)
Use a variety of payment options to buy Elephant Money on Bitget. We'll show you how.
Buy ELEPHANT (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of ELEPHANT with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy ELEPHANT 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 ELEPHANT (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of ELEPHANT to PAB. However, you can first exchange ELEPHANT 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 Elephant Money to Panamanian Balboa?
Elephant Money to Panamanian Balboa is rising this week.Elephant Money's current market price is B/. 0.{7}4433 per ELEPHANT, with a total market cap of B/. 0 PAB based on a circulating supply of -- ELEPHANT. The trading volume of Elephant Money has changed by +7181.79% (B/. 10,312.42 PAB) in the last 24 hours. Last trading day, ELEPHANT's trading volume was B/. 143.59.
Market cap
$0
24h volume
$10.46K
Circulating supply
0 ELEPHANT
Conversion tables
The exchange rate of Elephant Money is increasing.1 ELEPHANT is currently valued at B/. 0.{7}4433 PAB , which means buying 5 ELEPHANT will cost B/. 0.{6}2216 PAB . Similarly, B/.1 PAB can be traded for 22,558,310.98 ELEPHANT, and B/.50 PAB can be converted to 1,127,915,548.9 ELEPHANT, excluding any platform or gas fees.
The exchange rate of 1 ELEPHANT to Panamanian Balboa has changed by +1.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.31%, reaching a high of 0.{7}4447 PAB and a low of 0.{7}4431 PAB . One month ago, the value of 1 ELEPHANT was B/. 0.{7}4161 PAB , which represents a +6.55% change from its current value. Over the last year, Elephant Money has changed by , resulting in a change of -87.90% in its value.
-B/.
0.{6}3220PABELEPHANT to PAB
Amount
20:20 today
0.5 ELEPHANT
B/.0.{7}2216
1 ELEPHANT
B/.0.{7}4433
5 ELEPHANT
B/.0.{6}2216
10 ELEPHANT
B/.0.{6}4433
50 ELEPHANT
B/.0.{5}2216
100 ELEPHANT
B/.0.{5}4433
500 ELEPHANT
B/.0.{4}2216
1000 ELEPHANT
B/.0.{4}4433
PAB to ELEPHANT
Amount20:20 today
0.5PAB11,279,155.49 ELEPHANT
1PAB22,558,310.98 ELEPHANT
5PAB112,791,554.89 ELEPHANT
10PAB225,583,109.78 ELEPHANT
50PAB1,127,915,548.9 ELEPHANT
100PAB2,255,831,097.8 ELEPHANT
500PAB11,279,155,489.02 ELEPHANT
1000PAB22,558,310,978.05 ELEPHANT
Today vs. 24 hours ago
| Amount | 20:20 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ELEPHANT | $0.{7}2216 | $0.{7}2223 | -0.31% |
| 1 ELEPHANT | $0.{7}4433 | $0.{7}4447 | -0.31% |
| 5 ELEPHANT | $0.{6}2216 | $0.{6}2223 | -0.31% |
| 10 ELEPHANT | $0.{6}4433 | $0.{6}4447 | -0.31% |
| 50 ELEPHANT | $0.{5}2216 | $0.{5}2223 | -0.31% |
| 100 ELEPHANT | $0.{5}4433 | $0.{5}4447 | -0.31% |
| 500 ELEPHANT | $0.{4}2216 | $0.{4}2223 | -0.31% |
| 1000 ELEPHANT | $0.{4}4433 | $0.{4}4447 | -0.31% |
Today vs. 1 month ago
| Amount | 20:20 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ELEPHANT | $0.{7}2216 | $0.{7}2080 | +6.55% |
| 1 ELEPHANT | $0.{7}4433 | $0.{7}4161 | +6.55% |
| 5 ELEPHANT | $0.{6}2216 | $0.{6}2080 | +6.55% |
| 10 ELEPHANT | $0.{6}4433 | $0.{6}4161 | +6.55% |
| 50 ELEPHANT | $0.{5}2216 | $0.{5}2080 | +6.55% |
| 100 ELEPHANT | $0.{5}4433 | $0.{5}4161 | +6.55% |
| 500 ELEPHANT | $0.{4}2216 | $0.{4}2080 | +6.55% |
| 1000 ELEPHANT | $0.{4}4433 | $0.{4}4161 | +6.55% |
Today vs. 1 year ago
| Amount | 20:20 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ELEPHANT | $0.{7}2216 | $0.{6}1831 | -87.90% |
| 1 ELEPHANT | $0.{7}4433 | $0.{6}3663 | -87.90% |
| 5 ELEPHANT | $0.{6}2216 | $0.{5}1831 | -87.90% |
| 10 ELEPHANT | $0.{6}4433 | $0.{5}3663 | -87.90% |
| 50 ELEPHANT | $0.{5}2216 | $0.{4}1831 | -87.90% |
| 100 ELEPHANT | $0.{5}4433 | $0.{4}3663 | -87.90% |
| 500 ELEPHANT | $0.{4}2216 | $0.0001831 | -87.90% |
| 1000 ELEPHANT | $0.{4}4433 | $0.0003663 | -87.90% |
Elephant Money price prediction
What will the price of ELEPHANT be in 2025?
Based on ELEPHANT's historical price performance prediction model, the price of ELEPHANT is projected to reach $0.{6}1087 in 2025.
What will the price of ELEPHANT be in 2030?
In 2030, the ELEPHANT price is expected to change by -19.00%. By the end of 2030, the ELEPHANT price is projected to reach $0.{6}1923, with a cumulative ROI of +333.91%.
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Popular Elephant Money conversions
Check out these popular currency conversions of Elephant Money to several fiat currencies.
Elephant Money to USD
1 ELEPHANT to $ 0.{7}4433 USD
Elephant Money to GBP
1 ELEPHANT to £ 0.{7}3526 GBP
Elephant Money to EUR
1 ELEPHANT to € 0.{7}4251 EUR
Elephant Money to KRW
1 ELEPHANT to ₩ 0.{4}6533 KRW
Elephant Money to CAD
1 ELEPHANT to $ 0.{7}6392 CAD
Elephant Money to AUD
1 ELEPHANT to $ 0.{7}7132 AUD
Elephant Money to JPY
1 ELEPHANT to ¥ 0.{5}6998 JPY
Elephant Money to BRL
1 ELEPHANT to R$ 0.{6}2747 BRL
Elephant Money to CNY
1 ELEPHANT to ¥ 0.{6}3237 CNY
Elephant Money to TWD
1 ELEPHANT to NT$ 0.{5}1455 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Elephant Money.
EGO to PAB
1 EGO to B/. 0.01434 PAB
Automata Network to PAB
1 ATA to B/. 0.2081 PAB
Phala Network to PAB
1 PHA to B/. 0.4105 PAB
Steem to PAB
1 STEEM to B/. 0.2863 PAB
Origin Protocol to PAB
1 OGN to B/. 0.1305 PAB
Bitget Token to PAB
1 BGB to B/. 7.39 PAB
Secret to PAB
1 SCRT to B/. 0.4942 PAB
Oasis to PAB
1 ROSE to B/. 0.09154 PAB
GMT to PAB
1 GMT to B/. 0.1897 PAB
IDEX to PAB
1 IDEX to B/. 0.07047 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 Elephant Money 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 Elephant Money 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 Elephant Money 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.
