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dogwifsaudihat to Panamanian Balboa Converter and calculator

Convert 1dogwifsaudihat (WIFSA) to Panamanian Balboa (PAB) equals B/. 0.{4}7955 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of dogwifsaudihat(WIFSA) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 WIFSA at a value of 1 WIFSA 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.

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Bitget crypto-to-fiat exchange data shows that the most popular dogwifsaudihat currency pair is the WIFSA to PAB, with for dogwifsaudihat's currency code being WIFSA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

WIFSA to PAB conversion rate trend

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In the past 1D, dogwifsaudihat has changed +10.70% to PAB. Based on the trend and price charts, dogwifsaudihat(WIFSA) has changed +10.70% to PAB while Panamanian Balboa(PAB) has changed % to WIFSA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
B/.0.{4}7955
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/05/24 00:51:12(UTC+0)

How to buy dogwifsaudihat

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Buy dogwifsaudihat (WIFSA)
Use a variety of payment options to buy dogwifsaudihat on Bitget. We'll show you how.

What factors influence the conversion rate of dogwifsaudihat to Panamanian Balboa?

dogwifsaudihat to Panamanian Balboa is rising this week.
dogwifsaudihat's current market price is B/. 0.{4}7955 per WIFSA, with a total market cap of B/. 0 PAB based on a circulating supply of -- WIFSA. The trading volume of dogwifsaudihat has changed by -3.66% (B/. -81.69 PAB) in the last 24 hours. Last trading day, WIFSA's trading volume was B/. 2,235.03.
Market cap
$0
24h volume
$2.15K
Circulating supply
0 WIFSA

Conversion tables

The exchange rate of dogwifsaudihat is decreasing.
1 WIFSA is currently valued at B/. 0.{4}7955 PAB , which means buying 5 WIFSA will cost B/. 0.0003977 PAB . Similarly, B/.1 PAB can be traded for 12,571.3 WIFSA, and B/.50 PAB can be converted to 628,564.91 WIFSA, excluding any platform or gas fees.
The exchange rate of 1 WIFSA to Panamanian Balboa has changed by +8.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by +10.70%, reaching a high of 0.{4}8641 PAB and a low of 0.{4}7352 PAB . One month ago, the value of 1 WIFSA was B/. 0.0002556 PAB , which represents a -68.39% change from its current value. Over the last year, dogwifsaudihat has changed by
+B/.
0.{4}8138PAB
, resulting in a change of --% in its value.

WIFSA to PAB

Amount
00:51 am today
0.5 WIFSA
B/.0.{4}3977
1 WIFSA
B/.0.{4}7955
5 WIFSA
B/.0.0003977
10 WIFSA
B/.0.0007955
50 WIFSA
B/.0.003977
100 WIFSA
B/.0.007955
500 WIFSA
B/.0.03977
1000 WIFSA
B/.0.07955

PAB to WIFSA

Amount00:51 am today
0.5PAB6,285.65  WIFSA
1PAB12,571.3  WIFSA
5PAB62,856.49  WIFSA
10PAB125,712.98  WIFSA
50PAB628,564.91  WIFSA
100PAB1,257,129.81  WIFSA
500PAB6,285,649.06  WIFSA
1000PAB12,571,298.12  WIFSA
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Today vs. 24 hours ago

Amount00:51 am today24 hours ago24h change
0.5 WIFSA$0.{4}3977$0.{4}3584
+10.70%
1 WIFSA$0.{4}7955$0.{4}7168
+10.70%
5 WIFSA$0.0003977$0.0003584
+10.70%
10 WIFSA$0.0007955$0.0007168
+10.70%
50 WIFSA$0.003977$0.003584
+10.70%
100 WIFSA$0.007955$0.007168
+10.70%
500 WIFSA$0.03977$0.03584
+10.70%
1000 WIFSA$0.07955$0.07168
+10.70%

Today vs. 1 month ago

Amount00:51 am today1 month ago1M change
0.5 WIFSA$0.{4}3977$0.0001278
-68.39%
1 WIFSA$0.{4}7955$0.0002556
-68.39%
5 WIFSA$0.0003977$0.001278
-68.39%
10 WIFSA$0.0007955$0.002556
-68.39%
50 WIFSA$0.003977$0.01278
-68.39%
100 WIFSA$0.007955$0.02556
-68.39%
500 WIFSA$0.03977$0.1278
-68.39%
1000 WIFSA$0.07955$0.2556
-68.39%
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Today vs. 1 year ago

Amount00:51 am today1 year ago1Y change
0.5 WIFSA$0.{4}3977$-0.{6}9192
--
1 WIFSA$0.{4}7955$-0.{5}1838
--
5 WIFSA$0.0003977$-0.{5}9192
--
10 WIFSA$0.0007955$-0.{4}1838
--
50 WIFSA$0.003977$-0.{4}9192
--
100 WIFSA$0.007955$-0.0001838
--
500 WIFSA$0.03977$-0.0009192
--
1000 WIFSA$0.07955$-0.001838
--

dogwifsaudihat price prediction

What will the price of WIFSA be in 2025?

Based on WIFSA's historical price performance prediction model, the price of WIFSA is projected to reach -- in 2025.

What will the price of WIFSA be in 2030?

In 2030, the WIFSA price is expected to rise by -4.00%. By the end of 2030, the WIFSA price is projected to reach --, with a cumulative ROI of 0.00%.
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Buy dogwifsaudihat for 1 PAB
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Buy dogwifsaudihat for 1 PAB
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FAQ

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