BMI
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 Bridge Mutual(BMI) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 BMI at a value of 1 BMI 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 Bridge Mutual currency pair is the BMI to PAB, with for Bridge Mutual's currency code being BMI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
BMI to PAB conversion rate trend
1D7D1M3M1YAll
In the past 1D, Bridge Mutual has changed +11.12% to PAB. Based on the trend and price charts, Bridge Mutual(BMI) has changed +11.12% to PAB while Panamanian Balboa(PAB) has changed % to BMI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.003047 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.004905 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 08:00:17(UTC+0)
How to buy Bridge Mutual
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 Bridge Mutual (BMI)
Use a variety of payment options to buy Bridge Mutual on Bitget. We'll show you how.
Buy BMI (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of BMI with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BMI with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell BMI (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of BMI to PAB. However, you can first exchange BMI 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 |
|---|
No matching ads found.
What factors influence the conversion rate of Bridge Mutual to Panamanian Balboa?
Bridge Mutual to Panamanian Balboa is falling this week.Bridge Mutual's current market price is B/. 0.003048 per BMI, with a total market cap of B/. 197,197.42 PAB based on a circulating supply of 64,697,070 BMI. The trading volume of Bridge Mutual has changed by +1768.88% (B/. 1,713.06 PAB) in the last 24 hours. Last trading day, BMI's trading volume was B/. 96.84.
Market cap
$197.20K
24h volume
$1.81K
Circulating supply
64.70M BMI
Conversion tables
The exchange rate of Bridge Mutual is decreasing.1 BMI is currently valued at B/. 0.003048 PAB , which means buying 5 BMI will cost B/. 0.01524 PAB . Similarly, B/.1 PAB can be traded for 328.08 BMI, and B/.50 PAB can be converted to 16,404.14 BMI, excluding any platform or gas fees.
The exchange rate of 1 BMI to Panamanian Balboa has changed by -30.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.12%, reaching a high of 0.004607 PAB and a low of 0.002717 PAB . One month ago, the value of 1 BMI was B/. 0.004775 PAB , which represents a -36.17% change from its current value. Over the last year, Bridge Mutual has changed by , resulting in a change of -31.97% in its value.
-B/.
0.001432PABBMI to PAB
Amount
10:59 am today
0.5 BMI
B/.0.001524
1 BMI
B/.0.003048
5 BMI
B/.0.01524
10 BMI
B/.0.03048
50 BMI
B/.0.1524
100 BMI
B/.0.3048
500 BMI
B/.1.52
1000 BMI
B/.3.05
PAB to BMI
Amount10:59 am today
0.5PAB164.04 BMI
1PAB328.08 BMI
5PAB1,640.41 BMI
10PAB3,280.83 BMI
50PAB16,404.14 BMI
100PAB32,808.27 BMI
500PAB164,041.37 BMI
1000PAB328,082.74 BMI
Today vs. 24 hours ago
| Amount | 10:59 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BMI | $0.001524 | $0.001372 | +11.12% |
| 1 BMI | $0.003048 | $0.002743 | +11.12% |
| 5 BMI | $0.01524 | $0.01372 | +11.12% |
| 10 BMI | $0.03048 | $0.02743 | +11.12% |
| 50 BMI | $0.1524 | $0.1372 | +11.12% |
| 100 BMI | $0.3048 | $0.2743 | +11.12% |
| 500 BMI | $1.52 | $1.37 | +11.12% |
| 1000 BMI | $3.05 | $2.74 | +11.12% |
Today vs. 1 month ago
| Amount | 10:59 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BMI | $0.001524 | $0.002388 | -36.17% |
| 1 BMI | $0.003048 | $0.004775 | -36.17% |
| 5 BMI | $0.01524 | $0.02388 | -36.17% |
| 10 BMI | $0.03048 | $0.04775 | -36.17% |
| 50 BMI | $0.1524 | $0.2388 | -36.17% |
| 100 BMI | $0.3048 | $0.4775 | -36.17% |
| 500 BMI | $1.52 | $2.39 | -36.17% |
| 1000 BMI | $3.05 | $4.78 | -36.17% |
Today vs. 1 year ago
| Amount | 10:59 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BMI | $0.001524 | $0.002240 | -31.97% |
| 1 BMI | $0.003048 | $0.004480 | -31.97% |
| 5 BMI | $0.01524 | $0.02240 | -31.97% |
| 10 BMI | $0.03048 | $0.04480 | -31.97% |
| 50 BMI | $0.1524 | $0.2240 | -31.97% |
| 100 BMI | $0.3048 | $0.4480 | -31.97% |
| 500 BMI | $1.52 | $2.24 | -31.97% |
| 1000 BMI | $3.05 | $4.48 | -31.97% |
Bridge Mutual price prediction
What will the price of BMI be in 2025?
Based on BMI's historical price performance prediction model, the price of BMI is projected to reach $0.004720 in 2025.
What will the price of BMI be in 2030?
In 2030, the BMI price is expected to change by +3.00%. By the end of 2030, the BMI price is projected to reach $0.008462, with a cumulative ROI of +184.01%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Bridge Mutual conversions
Check out these popular currency conversions of Bridge Mutual to several fiat currencies.
Bridge Mutual to USD
1 BMI to $ 0.003048 USD
Bridge Mutual to GBP
1 BMI to £ 0.002426 GBP
Bridge Mutual to EUR
1 BMI to € 0.002929 EUR
Bridge Mutual to KRW
1 BMI to ₩ 4.43 KRW
Bridge Mutual to CAD
1 BMI to $ 0.004385 CAD
Bridge Mutual to AUD
1 BMI to $ 0.004871 AUD
Bridge Mutual to JPY
1 BMI to ¥ 0.4777 JPY
Bridge Mutual to BRL
1 BMI to R$ 0.01855 BRL
Bridge Mutual to CNY
1 BMI to ¥ 0.02227 CNY
Bridge Mutual to TWD
1 BMI to NT$ 0.09968 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Bridge Mutual.
Bitcoin to PAB
1 BTC to B/. 95,954.81 PAB
Peanut the Squirrel to PAB
1 PNUT to B/. 0.6907 PAB
Verge to PAB
1 XVG to B/. 0.01239 PAB
Steem to PAB
1 STEEM to B/. 0.2235 PAB
Hive to PAB
1 HIVE to B/. 0.3745 PAB
QuarkChain to PAB
1 QKC to B/. 0.01226 PAB
Aave to PAB
1 AAVE to B/. 338.22 PAB
MovieBloc to PAB
1 MBL to B/. 0.003495 PAB
Algorand to PAB
1 ALGO to B/. 0.3645 PAB
Livepeer to PAB
1 LPT to B/. 15.11 PAB
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 Bridge Mutual 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 Bridge Mutual 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 Bridge Mutual 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.
