LEX
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 LEXER Markets(LEX) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 LEX at a value of 1 LEX 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 LEXER Markets currency pair is the LEX to PAB, with for LEXER Markets's currency code being LEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
LEX to PAB conversion rate trend
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In the past 1D, LEXER Markets has changed -15.37% to PAB. Based on the trend and price charts, LEXER Markets(LEX) has changed -15.37% to PAB while Panamanian Balboa(PAB) has changed % to LEX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{9}5020 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:35:40(UTC+0)
How to buy LEXER Markets
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy LEXER Markets (LEX)
Use a variety of payment options to buy LEXER Markets on Bitget. We'll show you how.
Buy LEX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of LEX with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy LEX 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 LEX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of LEX to PAB. However, you can first exchange LEX 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 LEXER Markets to Panamanian Balboa?
LEXER Markets to Panamanian Balboa is falling this week.LEXER Markets's current market price is B/. 0.{9}5020 per LEX, with a total market cap of B/. 0 PAB based on a circulating supply of -- LEX. The trading volume of LEXER Markets has changed by -86.81% (B/. -386.03 PAB) in the last 24 hours. Last trading day, LEX's trading volume was B/. 444.69.
Market cap
$0
24h volume
$58.6648809
Circulating supply
0 LEX
Conversion tables
The exchange rate of LEXER Markets is decreasing.1 LEX is currently valued at B/. 0.{9}5020 PAB , which means buying 5 LEX will cost B/. 0.{8}2510 PAB . Similarly, B/.1 PAB can be traded for 1,992,024,174.25 LEX, and B/.50 PAB can be converted to 99,601,208,712.46 LEX, excluding any platform or gas fees.
The exchange rate of 1 LEX to Panamanian Balboa has changed by -100.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -15.37%, reaching a high of 0.{9}5931 PAB and a low of 0.{9}3696 PAB . One month ago, the value of 1 LEX was B/. 0.001434 PAB , which represents a -100.00% change from its current value. Over the last year, LEXER Markets has changed by , resulting in a change of -100.00% in its value.
-B/.
0.004502PABLEX to PAB
Amount
07:51 am today
0.5 LEX
B/.0.{9}2510
1 LEX
B/.0.{9}5020
5 LEX
B/.0.{8}2510
10 LEX
B/.0.{8}5020
50 LEX
B/.0.{7}2510
100 LEX
B/.0.{7}5020
500 LEX
B/.0.{6}2510
1000 LEX
B/.0.{6}5020
PAB to LEX
Amount07:51 am today
0.5PAB996,012,087.12 LEX
1PAB1,992,024,174.25 LEX
5PAB9,960,120,871.25 LEX
10PAB19,920,241,742.49 LEX
50PAB99,601,208,712.46 LEX
100PAB199,202,417,424.92 LEX
500PAB996,012,087,124.6 LEX
1000PAB1,992,024,174,249.21 LEX
Today vs. 24 hours ago
| Amount | 07:51 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LEX | $0.{9}2510 | $0.{9}2966 | -15.37% |
| 1 LEX | $0.{9}5020 | $0.{9}5931 | -15.37% |
| 5 LEX | $0.{8}2510 | $0.{8}2966 | -15.37% |
| 10 LEX | $0.{8}5020 | $0.{8}5931 | -15.37% |
| 50 LEX | $0.{7}2510 | $0.{7}2966 | -15.37% |
| 100 LEX | $0.{7}5020 | $0.{7}5931 | -15.37% |
| 500 LEX | $0.{6}2510 | $0.{6}2966 | -15.37% |
| 1000 LEX | $0.{6}5020 | $0.{6}5931 | -15.37% |
Today vs. 1 month ago
| Amount | 07:51 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LEX | $0.{9}2510 | $0.0007168 | -100.00% |
| 1 LEX | $0.{9}5020 | $0.001434 | -100.00% |
| 5 LEX | $0.{8}2510 | $0.007168 | -100.00% |
| 10 LEX | $0.{8}5020 | $0.01434 | -100.00% |
| 50 LEX | $0.{7}2510 | $0.07168 | -100.00% |
| 100 LEX | $0.{7}5020 | $0.1434 | -100.00% |
| 500 LEX | $0.{6}2510 | $0.7168 | -100.00% |
| 1000 LEX | $0.{6}5020 | $1.43 | -100.00% |
Today vs. 1 year ago
| Amount | 07:51 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LEX | $0.{9}2510 | $0.002251 | -100.00% |
| 1 LEX | $0.{9}5020 | $0.004502 | -100.00% |
| 5 LEX | $0.{8}2510 | $0.02251 | -100.00% |
| 10 LEX | $0.{8}5020 | $0.04502 | -100.00% |
| 50 LEX | $0.{7}2510 | $0.2251 | -100.00% |
| 100 LEX | $0.{7}5020 | $0.4502 | -100.00% |
| 500 LEX | $0.{6}2510 | $2.25 | -100.00% |
| 1000 LEX | $0.{6}5020 | $4.5 | -100.00% |
LEXER Markets price prediction
What will the price of LEX be in 2025?
Based on LEX's historical price performance prediction model, the price of LEX is projected to reach $0.0005128 in 2025.
What will the price of LEX be in 2030?
In 2030, the LEX price is expected to change by +2.00%. By the end of 2030, the LEX price is projected to reach $0.001158, with a cumulative ROI of +230707605.72%.
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Popular LEXER Markets conversions
Check out these popular currency conversions of LEXER Markets to several fiat currencies.
LEXER Markets to USD
1 LEX to $ 0.{9}5020 USD
LEXER Markets to GBP
1 LEX to £ 0.{9}3995 GBP
LEXER Markets to EUR
1 LEX to € 0.{9}4811 EUR
LEXER Markets to KRW
1 LEX to ₩ 0.{6}7291 KRW
LEXER Markets to CAD
1 LEX to $ 0.{9}7216 CAD
LEXER Markets to AUD
1 LEX to $ 0.{9}8031 AUD
LEXER Markets to JPY
1 LEX to ¥ 0.{7}7870 JPY
LEXER Markets to BRL
1 LEX to R$ 0.{8}3052 BRL
LEXER Markets to CNY
1 LEX to ¥ 0.{8}3666 CNY
LEXER Markets to TWD
1 LEX to NT$ 0.{7}1642 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in LEXER Markets.
Peanut the Squirrel to PAB
1 PNUT to B/. 0.6866 PAB
Hive to PAB
1 HIVE to B/. 0.3291 PAB
Steem to PAB
1 STEEM to B/. 0.2138 PAB
Verge to PAB
1 XVG to B/. 0.01278 PAB
QuarkChain to PAB
1 QKC to B/. 0.01359 PAB
MovieBloc to PAB
1 MBL to B/. 0.003573 PAB
Livepeer to PAB
1 LPT to B/. 14.93 PAB
Powerledger to PAB
1 POWR to B/. 0.2417 PAB
BitTorrent [New] to PAB
1 BTT to B/. 0.{5}1152 PAB
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Algorand to PAB
1 ALGO to B/. 0.3592 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 LEXER Markets 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 LEXER Markets 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 LEXER Markets 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.
