CMCX
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 Catena(CMCX) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 CMCX at a value of 1 CMCX 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 Catena currency pair is the CMCX to PAB, with for Catena's currency code being CMCX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
CMCX to PAB conversion rate trend
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In the past 1D, Catena has changed -0.04% to PAB. Based on the trend and price charts, Catena(CMCX) has changed -0.04% to PAB while Panamanian Balboa(PAB) has changed % to CMCX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{4}2117 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 16:34:54(UTC+0)
How to buy Catena
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Buy Catena (CMCX)
Use a variety of payment options to buy Catena on Bitget. We'll show you how.
Buy CMCX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of CMCX with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy CMCX 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 CMCX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of CMCX to PAB. However, you can first exchange CMCX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Catena to Panamanian Balboa?
Catena to Panamanian Balboa is falling this week.Catena's current market price is B/. 0.{4}2117 per CMCX, with a total market cap of B/. 0 PAB based on a circulating supply of -- CMCX. The trading volume of Catena has changed by -0.04% (B/. -0.09 PAB) in the last 24 hours. Last trading day, CMCX's trading volume was B/. 232.98.
Market cap
$0
24h volume
$232.89247653
Circulating supply
0 CMCX
Conversion tables
The exchange rate of Catena is increasing.1 CMCX is currently valued at B/. 0.{4}2117 PAB , which means buying 5 CMCX will cost B/. 0.0001059 PAB . Similarly, B/.1 PAB can be traded for 47,229.75 CMCX, and B/.50 PAB can be converted to 2,361,487.32 CMCX, excluding any platform or gas fees.
The exchange rate of 1 CMCX to Panamanian Balboa has changed by -0.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.04%, reaching a high of 0.{4}2119 PAB and a low of 0.{4}2117 PAB . One month ago, the value of 1 CMCX was B/. 0.{4}2012 PAB , which represents a +5.25% change from its current value. Over the last year, Catena has changed by , resulting in a change of -79.83% in its value.
-B/.
0.{4}8379PABCMCX to PAB
Amount
20:34 today
0.5 CMCX
B/.0.{4}1059
1 CMCX
B/.0.{4}2117
5 CMCX
B/.0.0001059
10 CMCX
B/.0.0002117
50 CMCX
B/.0.001059
100 CMCX
B/.0.002117
500 CMCX
B/.0.01059
1000 CMCX
B/.0.02117
PAB to CMCX
Amount20:34 today
0.5PAB23,614.87 CMCX
1PAB47,229.75 CMCX
5PAB236,148.73 CMCX
10PAB472,297.46 CMCX
50PAB2,361,487.32 CMCX
100PAB4,722,974.63 CMCX
500PAB23,614,873.16 CMCX
1000PAB47,229,746.31 CMCX
Today vs. 24 hours ago
| Amount | 20:34 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CMCX | $0.{4}1059 | $0.{4}1059 | -0.04% |
| 1 CMCX | $0.{4}2117 | $0.{4}2118 | -0.04% |
| 5 CMCX | $0.0001059 | $0.0001059 | -0.04% |
| 10 CMCX | $0.0002117 | $0.0002118 | -0.04% |
| 50 CMCX | $0.001059 | $0.001059 | -0.04% |
| 100 CMCX | $0.002117 | $0.002118 | -0.04% |
| 500 CMCX | $0.01059 | $0.01059 | -0.04% |
| 1000 CMCX | $0.02117 | $0.02118 | -0.04% |
Today vs. 1 month ago
| Amount | 20:34 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CMCX | $0.{4}1059 | $0.{4}1006 | +5.25% |
| 1 CMCX | $0.{4}2117 | $0.{4}2012 | +5.25% |
| 5 CMCX | $0.0001059 | $0.0001006 | +5.25% |
| 10 CMCX | $0.0002117 | $0.0002012 | +5.25% |
| 50 CMCX | $0.001059 | $0.001006 | +5.25% |
| 100 CMCX | $0.002117 | $0.002012 | +5.25% |
| 500 CMCX | $0.01059 | $0.01006 | +5.25% |
| 1000 CMCX | $0.02117 | $0.02012 | +5.25% |
Today vs. 1 year ago
| Amount | 20:34 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CMCX | $0.{4}1059 | $0.{4}5248 | -79.83% |
| 1 CMCX | $0.{4}2117 | $0.0001050 | -79.83% |
| 5 CMCX | $0.0001059 | $0.0005248 | -79.83% |
| 10 CMCX | $0.0002117 | $0.001050 | -79.83% |
| 50 CMCX | $0.001059 | $0.005248 | -79.83% |
| 100 CMCX | $0.002117 | $0.01050 | -79.83% |
| 500 CMCX | $0.01059 | $0.05248 | -79.83% |
| 1000 CMCX | $0.02117 | $0.1050 | -79.83% |
Catena price prediction
What will the price of CMCX be in 2025?
Based on CMCX's historical price performance prediction model, the price of CMCX is projected to reach $0.{4}3609 in 2025.
What will the price of CMCX be in 2030?
In 2030, the CMCX price is expected to change by +4.00%. By the end of 2030, the CMCX price is projected to reach $0.{4}4354, with a cumulative ROI of +128.97%.
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Popular Catena conversions
Check out these popular currency conversions of Catena to several fiat currencies.
Catena to USD
1 CMCX to $ 0.{4}2117 USD
Catena to GBP
1 CMCX to £ 0.{4}1690 GBP
Catena to EUR
1 CMCX to € 0.{4}2035 EUR
Catena to KRW
1 CMCX to ₩ 0.03078 KRW
Catena to CAD
1 CMCX to $ 0.{4}3044 CAD
Catena to AUD
1 CMCX to $ 0.{4}3390 AUD
Catena to JPY
1 CMCX to ¥ 0.003327 JPY
Catena to BRL
1 CMCX to R$ 0.0001310 BRL
Catena to CNY
1 CMCX to ¥ 0.0001546 CNY
Catena to TWD
1 CMCX to NT$ 0.0006925 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Catena.
Bitcoin to PAB
1 BTC to B/. 92,838.04 PAB
Ethereum to PAB
1 ETH to B/. 3,356.11 PAB
XRP to PAB
1 XRP to B/. 2.2 PAB
Aave to PAB
1 AAVE to B/. 358.77 PAB
BNB to PAB
1 BNB to B/. 685.15 PAB
Chainlink to PAB
1 LINK to B/. 23.48 PAB
Hedera to PAB
1 HBAR to B/. 0.2745 PAB
Solana to PAB
1 SOL to B/. 189 PAB
Cardano to PAB
1 ADA to B/. 0.8994 PAB
Shiba Inu to PAB
1 SHIB to B/. 0.{4}2213 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 Catena 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 Catena 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 Catena 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.
