TRADE
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 Polytrade(TRADE) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 TRADE at a value of 1 TRADE for 0.67 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 Polytrade currency pair is the TRADE to PAB, with for Polytrade's currency code being TRADE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
TRADE to PAB conversion rate trend
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In the past 1D, Polytrade has changed +13.14% to PAB. Based on the trend and price charts, Polytrade(TRADE) has changed +13.14% to PAB while Panamanian Balboa(PAB) has changed % to TRADE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.6481 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.6494 | 0.1000% / 0.1000% | Yes |
KuCoin | B/.0.6500 | 0.1000% / 0.1000% | Yes |
Bitfinex | B/.0.6498 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/12 01:00:18(UTC+0)
How to buy Polytrade
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 Polytrade (TRADE)
Use a variety of payment options to buy Polytrade on Bitget. We'll show you how.
Buy TRADE (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of TRADE with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy TRADE 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 TRADE (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of TRADE to PAB. However, you can first exchange TRADE 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 Polytrade to Panamanian Balboa?
Polytrade to Panamanian Balboa is falling this week.Polytrade's current market price is B/. 0.6678 per TRADE, with a total market cap of B/. 26,603,523.57 PAB based on a circulating supply of 39,836,736 TRADE. The trading volume of Polytrade has changed by -8.41% (B/. -31,809.17 PAB) in the last 24 hours. Last trading day, TRADE's trading volume was B/. 378,410.34.
Market cap
$26.60M
24h volume
$346.60K
Circulating supply
39.84M TRADE
Conversion tables
The exchange rate of Polytrade is increasing.1 TRADE is currently valued at B/. 0.6678 PAB , which means buying 5 TRADE will cost B/. 3.34 PAB . Similarly, B/.1 PAB can be traded for 1.5 TRADE, and B/.50 PAB can be converted to 74.87 TRADE, excluding any platform or gas fees.
The exchange rate of 1 TRADE to Panamanian Balboa has changed by -0.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by +13.14%, reaching a high of 0.6655 PAB and a low of 0.5736 PAB . One month ago, the value of 1 TRADE was B/. 0.4179 PAB , which represents a +60.46% change from its current value. Over the last year, Polytrade has changed by , resulting in a change of -22.72% in its value.
-B/.
0.1950PABTRADE to PAB
Amount
05:29 am today
0.5 TRADE
B/.0.3339
1 TRADE
B/.0.6678
5 TRADE
B/.3.34
10 TRADE
B/.6.68
50 TRADE
B/.33.39
100 TRADE
B/.66.78
500 TRADE
B/.333.91
1000 TRADE
B/.667.81
PAB to TRADE
Amount05:29 am today
0.5PAB0.7487 TRADE
1PAB1.5 TRADE
5PAB7.49 TRADE
10PAB14.97 TRADE
50PAB74.87 TRADE
100PAB149.74 TRADE
500PAB748.71 TRADE
1000PAB1,497.42 TRADE
Today vs. 24 hours ago
| Amount | 05:29 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 TRADE | $0.3339 | $0.2954 | +13.14% |
| 1 TRADE | $0.6678 | $0.5908 | +13.14% |
| 5 TRADE | $3.34 | $2.95 | +13.14% |
| 10 TRADE | $6.68 | $5.91 | +13.14% |
| 50 TRADE | $33.39 | $29.54 | +13.14% |
| 100 TRADE | $66.78 | $59.08 | +13.14% |
| 500 TRADE | $333.91 | $295.38 | +13.14% |
| 1000 TRADE | $667.81 | $590.76 | +13.14% |
Today vs. 1 month ago
| Amount | 05:29 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 TRADE | $0.3339 | $0.2089 | +60.46% |
| 1 TRADE | $0.6678 | $0.4179 | +60.46% |
| 5 TRADE | $3.34 | $2.09 | +60.46% |
| 10 TRADE | $6.68 | $4.18 | +60.46% |
| 50 TRADE | $33.39 | $20.89 | +60.46% |
| 100 TRADE | $66.78 | $41.79 | +60.46% |
| 500 TRADE | $333.91 | $208.93 | +60.46% |
| 1000 TRADE | $667.81 | $417.86 | +60.46% |
Today vs. 1 year ago
| Amount | 05:29 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 TRADE | $0.3339 | $0.4314 | -22.72% |
| 1 TRADE | $0.6678 | $0.8628 | -22.72% |
| 5 TRADE | $3.34 | $4.31 | -22.72% |
| 10 TRADE | $6.68 | $8.63 | -22.72% |
| 50 TRADE | $33.39 | $43.14 | -22.72% |
| 100 TRADE | $66.78 | $86.28 | -22.72% |
| 500 TRADE | $333.91 | $431.41 | -22.72% |
| 1000 TRADE | $667.81 | $862.81 | -22.72% |
Polytrade price prediction
What will the price of TRADE be in 2025?
Based on TRADE's historical price performance prediction model, the price of TRADE is projected to reach $0.8128 in 2025.
What will the price of TRADE be in 2030?
In 2030, the TRADE price is expected to change by +6.00%. By the end of 2030, the TRADE price is projected to reach $1.41, with a cumulative ROI of +143.71%.
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Popular Polytrade conversions
Check out these popular currency conversions of Polytrade to several fiat currencies.
Polytrade to USD
1 TRADE to $ 0.6678 USD
Polytrade to GBP
1 TRADE to £ 0.5324 GBP
Polytrade to EUR
1 TRADE to € 0.6416 EUR
Polytrade to KRW
1 TRADE to ₩ 973.32 KRW
Polytrade to CAD
1 TRADE to $ 0.9587 CAD
Polytrade to AUD
1 TRADE to $ 1.07 AUD
Polytrade to JPY
1 TRADE to ¥ 104.93 JPY
Polytrade to BRL
1 TRADE to R$ 4.16 BRL
Polytrade to CNY
1 TRADE to ¥ 4.88 CNY
Polytrade to TWD
1 TRADE to NT$ 21.83 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Polytrade.
Hedera to PAB
1 HBAR to B/. 0.3126 PAB
Fartcoin to PAB
1 FARTCOIN to B/. 1.2 PAB
Turbo to PAB
1 TURBO to B/. 0.01141 PAB
Stellar to PAB
1 XLM to B/. 0.3909 PAB
Shiba Inu to PAB
1 SHIB to B/. 0.{4}2326 PAB
JasmyCoin to PAB
1 JASMY to B/. 0.03913 PAB
Reserve Rights to PAB
1 RSR to B/. 0.01420 PAB
VeChain to PAB
1 VET to B/. 0.05238 PAB
Bitget Token to PAB
1 BGB to B/. 5.17 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}1898 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 Polytrade 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 Polytrade 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 Polytrade 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.
