PTP
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 Platypus Finance(PTP) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 PTP at a value of 1 PTP 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 Platypus Finance currency pair is the PTP to PAB, with for Platypus Finance's currency code being PTP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
PTP to PAB conversion rate trend
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In the past 1D, Platypus Finance has changed -0.61% to PAB. Based on the trend and price charts, Platypus Finance(PTP) has changed -0.61% to PAB while Panamanian Balboa(PAB) has changed % to PTP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.0001256 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/04 08:31:48(UTC+0)
How to buy Platypus Finance
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Platypus Finance (PTP)
Use a variety of payment options to buy Platypus Finance on Bitget. We'll show you how.
Buy PTP (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of PTP with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy PTP 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 PTP (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of PTP to PAB. However, you can first exchange PTP 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 Platypus Finance to Panamanian Balboa?
Platypus Finance to Panamanian Balboa is rising this week.Platypus Finance's current market price is B/. 0.0001256 per PTP, with a total market cap of B/. 5,203.61 PAB based on a circulating supply of 41,436,584 PTP. The trading volume of Platypus Finance has changed by -0.85% (B/. -466.92 PAB) in the last 24 hours. Last trading day, PTP's trading volume was B/. 54,610.88.
Market cap
$5.20K
24h volume
$54.14K
Circulating supply
41.44M PTP
Conversion tables
The exchange rate of Platypus Finance is decreasing.1 PTP is currently valued at B/. 0.0001256 PAB , which means buying 5 PTP will cost B/. 0.0006279 PAB . Similarly, B/.1 PAB can be traded for 7,963.04 PTP, and B/.50 PAB can be converted to 398,152.1 PTP, excluding any platform or gas fees.
The exchange rate of 1 PTP to Panamanian Balboa has changed by +0.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.61%, reaching a high of 0.0001264 PAB and a low of 0.0001254 PAB . One month ago, the value of 1 PTP was B/. 0.0001612 PAB , which represents a -22.09% change from its current value. Over the last year, Platypus Finance has changed by , resulting in a change of -98.82% in its value.
-B/.
0.01048PABPTP to PAB
Amount
09:18 am today
0.5 PTP
B/.0.{4}6279
1 PTP
B/.0.0001256
5 PTP
B/.0.0006279
10 PTP
B/.0.001256
50 PTP
B/.0.006279
100 PTP
B/.0.01256
500 PTP
B/.0.06279
1000 PTP
B/.0.1256
PAB to PTP
Amount09:18 am today
0.5PAB3,981.52 PTP
1PAB7,963.04 PTP
5PAB39,815.21 PTP
10PAB79,630.42 PTP
50PAB398,152.1 PTP
100PAB796,304.19 PTP
500PAB3,981,520.96 PTP
1000PAB7,963,041.93 PTP
Today vs. 24 hours ago
| Amount | 09:18 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PTP | $0.{4}6279 | $0.{4}6318 | -0.61% |
| 1 PTP | $0.0001256 | $0.0001264 | -0.61% |
| 5 PTP | $0.0006279 | $0.0006318 | -0.61% |
| 10 PTP | $0.001256 | $0.001264 | -0.61% |
| 50 PTP | $0.006279 | $0.006318 | -0.61% |
| 100 PTP | $0.01256 | $0.01264 | -0.61% |
| 500 PTP | $0.06279 | $0.06318 | -0.61% |
| 1000 PTP | $0.1256 | $0.1264 | -0.61% |
Today vs. 1 month ago
| Amount | 09:18 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PTP | $0.{4}6279 | $0.{4}8058 | -22.09% |
| 1 PTP | $0.0001256 | $0.0001612 | -22.09% |
| 5 PTP | $0.0006279 | $0.0008058 | -22.09% |
| 10 PTP | $0.001256 | $0.001612 | -22.09% |
| 50 PTP | $0.006279 | $0.008058 | -22.09% |
| 100 PTP | $0.01256 | $0.01612 | -22.09% |
| 500 PTP | $0.06279 | $0.08058 | -22.09% |
| 1000 PTP | $0.1256 | $0.1612 | -22.09% |
Today vs. 1 year ago
| Amount | 09:18 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PTP | $0.{4}6279 | $0.005302 | -98.82% |
| 1 PTP | $0.0001256 | $0.01060 | -98.82% |
| 5 PTP | $0.0006279 | $0.05302 | -98.82% |
| 10 PTP | $0.001256 | $0.1060 | -98.82% |
| 50 PTP | $0.006279 | $0.5302 | -98.82% |
| 100 PTP | $0.01256 | $1.06 | -98.82% |
| 500 PTP | $0.06279 | $5.3 | -98.82% |
| 1000 PTP | $0.1256 | $10.6 | -98.82% |
Platypus Finance price prediction
What will the price of PTP be in 2025?
Based on PTP's historical price performance prediction model, the price of PTP is projected to reach $0.004290 in 2025.
What will the price of PTP be in 2030?
In 2030, the PTP price is expected to change by -14.00%. By the end of 2030, the PTP price is projected to reach $0.008695, with a cumulative ROI of +6781.72%.
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Popular Platypus Finance conversions
Check out these popular currency conversions of Platypus Finance to several fiat currencies.
Platypus Finance to USD
1 PTP to $ 0.0001256 USD
Platypus Finance to GBP
1 PTP to £ 0.{4}9670 GBP
Platypus Finance to EUR
1 PTP to € 0.0001153 EUR
Platypus Finance to KRW
1 PTP to ₩ 0.1724 KRW
Platypus Finance to CAD
1 PTP to $ 0.0001746 CAD
Platypus Finance to AUD
1 PTP to $ 0.0001903 AUD
Platypus Finance to JPY
1 PTP to ¥ 0.01910 JPY
Platypus Finance to BRL
1 PTP to R$ 0.0007159 BRL
Platypus Finance to CNY
1 PTP to ¥ 0.0008929 CNY
Platypus Finance to TWD
1 PTP to NT$ 0.004000 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Platypus Finance.
Grass to PAB
1 GRASS to B/. -- PAB
AI Companions to PAB
1 AIC to B/. 0.08999 PAB
Bitcoin to PAB
1 BTC to B/. 68,781.32 PAB
Solana to PAB
1 SOL to B/. 161.32 PAB
Sui to PAB
1 SUI to B/. 1.89 PAB
Ethereum to PAB
1 ETH to B/. 2,460.76 PAB
Dogecoin to PAB
1 DOGE to B/. 0.1505 PAB
Pepe to PAB
1 PEPE to B/. 0.{5}8129 PAB
Goatseus Maximus to PAB
1 GOAT to B/. 0.4926 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 Platypus Finance 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 Platypus Finance 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 Platypus Finance 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.
