MULTI
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 Multichain(MULTI) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 MULTI at a value of 1 MULTI for 0.15 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 Multichain currency pair is the MULTI to PAB, with for Multichain's currency code being MULTI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
MULTI to PAB conversion rate trend
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In the past 1D, Multichain has changed +8.26% to PAB. Based on the trend and price charts, Multichain(MULTI) has changed +8.26% to PAB while Panamanian Balboa(PAB) has changed % to MULTI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.4500 | 0.0200% / 0.0320%  VIP 7 | |
Binance | B/.0.8340 | 0.1000% / 0.1000% | Yes |
Huobi | B/.0.7250 | 0.1000% / 0.1000% | Yes |
Gate.io | B/.0.3555 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/04 08:00:18(UTC+0)
How to buy Multichain
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Buy Multichain (MULTI)
Use a variety of payment options to buy Multichain on Bitget. We'll show you how.
Learn MoreBuy MULTI (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of MULTI with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy MULTI with USDT via Bitget spot market.
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Sell MULTI (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of MULTI to PAB. However, you can first exchange MULTI 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 Multichain to Panamanian Balboa?
Multichain to Panamanian Balboa is rising this week.Multichain's current market price is B/. 0.1502 per MULTI, with a total market cap of B/. 2,183,906.32 PAB based on a circulating supply of 14,541,094 MULTI. The trading volume of Multichain has changed by -1.14% (B/. -1,080.41 PAB) in the last 24 hours. Last trading day, MULTI's trading volume was B/. 95,023.3.
Market cap
$2.18M
24h volume
$93.94K
Circulating supply
14.54M MULTI
Conversion tables
The exchange rate of Multichain is decreasing.1 MULTI is currently valued at B/. 0.1502 PAB , which means buying 5 MULTI will cost B/. 0.7509 PAB . Similarly, B/.1 PAB can be traded for 6.66 MULTI, and B/.50 PAB can be converted to 332.91 MULTI, excluding any platform or gas fees.
The exchange rate of 1 MULTI to Panamanian Balboa has changed by +10.40% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.26%, reaching a high of 0.1714 PAB and a low of 0.1374 PAB . One month ago, the value of 1 MULTI was B/. 0.1586 PAB , which represents a -5.32% change from its current value. Over the last year, Multichain has changed by , resulting in a change of -93.04% in its value.
-B/.
2.01PABMULTI to PAB
Amount
09:57 am today
0.5 MULTI
B/.0.07509
1 MULTI
B/.0.1502
5 MULTI
B/.0.7509
10 MULTI
B/.1.5
50 MULTI
B/.7.51
100 MULTI
B/.15.02
500 MULTI
B/.75.09
1000 MULTI
B/.150.19
PAB to MULTI
Amount09:57 am today
0.5PAB3.33 MULTI
1PAB6.66 MULTI
5PAB33.29 MULTI
10PAB66.58 MULTI
50PAB332.91 MULTI
100PAB665.83 MULTI
500PAB3,329.15 MULTI
1000PAB6,658.29 MULTI
Today vs. 24 hours ago
| Amount | 09:57 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MULTI | $0.07509 | $0.06937 | +8.26% |
| 1 MULTI | $0.1502 | $0.1387 | +8.26% |
| 5 MULTI | $0.7509 | $0.6937 | +8.26% |
| 10 MULTI | $1.5 | $1.39 | +8.26% |
| 50 MULTI | $7.51 | $6.94 | +8.26% |
| 100 MULTI | $15.02 | $13.87 | +8.26% |
| 500 MULTI | $75.09 | $69.37 | +8.26% |
| 1000 MULTI | $150.19 | $138.73 | +8.26% |
Today vs. 1 month ago
| Amount | 09:57 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MULTI | $0.07509 | $0.07932 | -5.32% |
| 1 MULTI | $0.1502 | $0.1586 | -5.32% |
| 5 MULTI | $0.7509 | $0.7932 | -5.32% |
| 10 MULTI | $1.5 | $1.59 | -5.32% |
| 50 MULTI | $7.51 | $7.93 | -5.32% |
| 100 MULTI | $15.02 | $15.86 | -5.32% |
| 500 MULTI | $75.09 | $79.32 | -5.32% |
| 1000 MULTI | $150.19 | $158.63 | -5.32% |
Today vs. 1 year ago
| Amount | 09:57 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MULTI | $0.07509 | $1.08 | -93.04% |
| 1 MULTI | $0.1502 | $2.16 | -93.04% |
| 5 MULTI | $0.7509 | $10.79 | -93.04% |
| 10 MULTI | $1.5 | $21.57 | -93.04% |
| 50 MULTI | $7.51 | $107.85 | -93.04% |
| 100 MULTI | $15.02 | $215.7 | -93.04% |
| 500 MULTI | $75.09 | $1,078.51 | -93.04% |
| 1000 MULTI | $150.19 | $2,157.02 | -93.04% |
Multichain price prediction
What will the price of MULTI be in 2025?
Based on MULTI's historical price performance prediction model, the price of MULTI is projected to reach $0.3813 in 2025.
What will the price of MULTI be in 2030?
In 2030, the MULTI price is expected to change by -5.00%. By the end of 2030, the MULTI price is projected to reach $0.6820, with a cumulative ROI of +404.72%.
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Popular Multichain conversions
Check out these popular currency conversions of Multichain to several fiat currencies.
Multichain to USD
1 MULTI to $ 0.1502 USD
Multichain to GBP
1 MULTI to £ 0.1158 GBP
Multichain to EUR
1 MULTI to € 0.1378 EUR
Multichain to KRW
1 MULTI to ₩ 206.39 KRW
Multichain to CAD
1 MULTI to $ 0.2090 CAD
Multichain to AUD
1 MULTI to $ 0.2278 AUD
Multichain to JPY
1 MULTI to ¥ 22.82 JPY
Multichain to BRL
1 MULTI to R$ 0.8562 BRL
Multichain to CNY
1 MULTI to ¥ 1.07 CNY
Multichain to TWD
1 MULTI to NT$ 4.79 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Multichain.
Grass to PAB
1 GRASS to B/. -- PAB
AI Companions to PAB
1 AIC to B/. 0.08801 PAB
Bitcoin to PAB
1 BTC to B/. 68,613.62 PAB
Solana to PAB
1 SOL to B/. 161.42 PAB
Sui to PAB
1 SUI to B/. 1.88 PAB
Ethereum to PAB
1 ETH to B/. 2,454.59 PAB
Dogecoin to PAB
1 DOGE to B/. 0.1516 PAB
Pepe to PAB
1 PEPE to B/. 0.{5}8123 PAB
Goatseus Maximus to PAB
1 GOAT to B/. 0.5022 PAB
DOGS to PAB
1 DOGS to B/. -- 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 Multichain 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 Multichain 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 Multichain 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.
