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Ethereum Classic to Panamanian Balboa Converter and calculator

Convert 1Ethereum Classic (ETC) to Panamanian Balboa (PAB) equals B/. 25.93 | Bitget

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 Ethereum Classic currency pair is the ETC to PAB, with for Ethereum Classic's currency code being ETC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

ETC to PAB conversion rate trend

In the past 1D, Ethereum Classic has changed +2.80% to PAB. Based on the trend and price charts, Ethereum Classic(ETC) has changed +2.80% to PAB while Panamanian Balboa(PAB) has changed % to ETC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/18 17:00:32(UTC+0)

What factors influence the conversion rate of Ethereum Classic to Panamanian Balboa?

Ethereum Classic to Panamanian Balboa is falling this week.
Ethereum Classic's current market price is B/. 25.93 per ETC, with a total market cap of B/. 3,801,998,890.94 PAB based on a circulating supply of 146,615,780 ETC. The trading volume of Ethereum Classic has changed by -1.73% (B/. -3,557,213.51 PAB) in the last 24 hours. Last trading day, ETC's trading volume was B/. 205,964,536.31.
Market cap
24h volume
Circulating supply
146.62M ETC

Conversion tables

The exchange rate of Ethereum Classic is decreasing.
1 ETC is currently valued at B/. 25.93 PAB , which means buying 5 ETC will cost B/. 129.66 PAB . Similarly, B/.1 PAB can be traded for 0.03856 ETC, and B/.50 PAB can be converted to 1.93 ETC, excluding any platform or gas fees.
The exchange rate of 1 ETC to Panamanian Balboa has changed by -23.74% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.80%, reaching a high of 26.27 PAB and a low of 24.93 PAB . One month ago, the value of 1 ETC was B/. 29.15 PAB , which represents a -11.04% change from its current value. Over the last year, Ethereum Classic has changed by
, resulting in a change of +26.99% in its value.


17:40 today
0.5 ETC
10 ETC
50 ETC
100 ETC
500 ETC
1000 ETC


Amount17:40 today
0.5PAB0.01928  ETC
1PAB0.03856  ETC
5PAB0.1928  ETC
10PAB0.3856  ETC
50PAB1.93  ETC
100PAB3.86  ETC
500PAB19.28  ETC
1000PAB38.56  ETC

Today vs. 24 hours ago

Amount17:40 today24 hours ago24h change
0.5 ETC$12.97$12.61
1 ETC$25.93$25.23
5 ETC$129.66$126.13
10 ETC$259.32$252.26
50 ETC$1,296.59$1,261.31
100 ETC$2,593.17$2,522.62
500 ETC$12,965.86$12,613.1
1000 ETC$25,931.72$25,226.21

Today vs. 1 month ago

Amount17:40 today1 month ago1M change
0.5 ETC$12.97$14.57
1 ETC$25.93$29.15
5 ETC$129.66$145.74
10 ETC$259.32$291.47
50 ETC$1,296.59$1,457.37
100 ETC$2,593.17$2,914.74
500 ETC$12,965.86$14,573.7
1000 ETC$25,931.72$29,147.41

Today vs. 1 year ago

Amount17:40 today1 year ago1Y change
0.5 ETC$12.97$10.21
1 ETC$25.93$20.42
5 ETC$129.66$102.11
10 ETC$259.32$204.22
50 ETC$1,296.59$1,021.1
100 ETC$2,593.17$2,042.2
500 ETC$12,965.86$10,210.99
1000 ETC$25,931.72$20,421.97


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