GEF
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 GemFlow(GEF) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 GEF at a value of 1 GEF 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 GemFlow currency pair is the GEF to PAB, with for GemFlow's currency code being GEF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
GEF to PAB conversion rate trend
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In the past 1D, GemFlow has changed +49.98% to PAB. Based on the trend and price charts, GemFlow(GEF) has changed +49.98% to PAB while Panamanian Balboa(PAB) has changed % to GEF in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{6}4993 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.{6}5000 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/24 08:00:14(UTC+0)
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Buy GemFlow (GEF)
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Buy GEF (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of GEF with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy GEF 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 GEF (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of GEF to PAB. However, you can first exchange GEF 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 GemFlow to Panamanian Balboa?
GemFlow to Panamanian Balboa is falling this week.GemFlow's current market price is B/. 0.{6}5992 per GEF, with a total market cap of B/. 0 PAB based on a circulating supply of -- GEF. The trading volume of GemFlow has changed by -54.01% (B/. -619.91 PAB) in the last 24 hours. Last trading day, GEF's trading volume was B/. 1,147.72.
Market cap
$0
24h volume
$527.80979263
Circulating supply
0 GEF
Conversion tables
The exchange rate of GemFlow is increasing.1 GEF is currently valued at B/. 0.{6}5992 PAB , which means buying 5 GEF will cost B/. 0.{5}2996 PAB . Similarly, B/.1 PAB can be traded for 1,669,029.73 GEF, and B/.50 PAB can be converted to 83,451,486.73 GEF, excluding any platform or gas fees.
The exchange rate of 1 GEF to Panamanian Balboa has changed by -14.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +49.98%, reaching a high of 0.{6}5998 PAB and a low of 0.{6}3993 PAB . One month ago, the value of 1 GEF was B/. 0.{6}5280 PAB , which represents a +13.47% change from its current value. Over the last year, GemFlow has changed by , resulting in a change of -76.96% in its value.
-B/.
0.{5}2002PABGEF to PAB
Amount
12:56 today
0.5 GEF
B/.0.{6}2996
1 GEF
B/.0.{6}5992
5 GEF
B/.0.{5}2996
10 GEF
B/.0.{5}5992
50 GEF
B/.0.{4}2996
100 GEF
B/.0.{4}5992
500 GEF
B/.0.0002996
1000 GEF
B/.0.0005992
PAB to GEF
Amount12:56 today
0.5PAB834,514.87 GEF
1PAB1,669,029.73 GEF
5PAB8,345,148.67 GEF
10PAB16,690,297.35 GEF
50PAB83,451,486.73 GEF
100PAB166,902,973.46 GEF
500PAB834,514,867.3 GEF
1000PAB1,669,029,734.6 GEF
Today vs. 24 hours ago
| Amount | 12:56 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GEF | $0.{6}2996 | $0.{6}1997 | +49.98% |
| 1 GEF | $0.{6}5992 | $0.{6}3995 | +49.98% |
| 5 GEF | $0.{5}2996 | $0.{5}1997 | +49.98% |
| 10 GEF | $0.{5}5992 | $0.{5}3995 | +49.98% |
| 50 GEF | $0.{4}2996 | $0.{4}1997 | +49.98% |
| 100 GEF | $0.{4}5992 | $0.{4}3995 | +49.98% |
| 500 GEF | $0.0002996 | $0.0001997 | +49.98% |
| 1000 GEF | $0.0005992 | $0.0003995 | +49.98% |
Today vs. 1 month ago
| Amount | 12:56 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GEF | $0.{6}2996 | $0.{6}2640 | +13.47% |
| 1 GEF | $0.{6}5992 | $0.{6}5280 | +13.47% |
| 5 GEF | $0.{5}2996 | $0.{5}2640 | +13.47% |
| 10 GEF | $0.{5}5992 | $0.{5}5280 | +13.47% |
| 50 GEF | $0.{4}2996 | $0.{4}2640 | +13.47% |
| 100 GEF | $0.{4}5992 | $0.{4}5280 | +13.47% |
| 500 GEF | $0.0002996 | $0.0002640 | +13.47% |
| 1000 GEF | $0.0005992 | $0.0005280 | +13.47% |
Today vs. 1 year ago
| Amount | 12:56 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GEF | $0.{6}2996 | $0.{5}1301 | -76.96% |
| 1 GEF | $0.{6}5992 | $0.{5}2601 | -76.96% |
| 5 GEF | $0.{5}2996 | $0.{4}1301 | -76.96% |
| 10 GEF | $0.{5}5992 | $0.{4}2601 | -76.96% |
| 50 GEF | $0.{4}2996 | $0.0001301 | -76.96% |
| 100 GEF | $0.{4}5992 | $0.0002601 | -76.96% |
| 500 GEF | $0.0002996 | $0.001301 | -76.96% |
| 1000 GEF | $0.0005992 | $0.002601 | -76.96% |
GemFlow price prediction
What will the price of GEF be in 2025?
Based on GEF's historical price performance prediction model, the price of GEF is projected to reach $0.{6}9386 in 2025.
What will the price of GEF be in 2030?
In 2030, the GEF price is expected to change by -2.00%. By the end of 2030, the GEF price is projected to reach $0.{5}1666, with a cumulative ROI of +316.58%.
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Popular GemFlow conversions
Check out these popular currency conversions of GemFlow to several fiat currencies.
GemFlow to USD
1 GEF to $ 0.{6}5992 USD
GemFlow to GBP
1 GEF to £ 0.{6}4780 GBP
GemFlow to EUR
1 GEF to € 0.{6}5764 EUR
GemFlow to KRW
1 GEF to ₩ 0.0008748 KRW
GemFlow to CAD
1 GEF to $ 0.{6}8626 CAD
GemFlow to AUD
1 GEF to $ 0.{6}9606 AUD
GemFlow to JPY
1 GEF to ¥ 0.{4}9410 JPY
GemFlow to BRL
1 GEF to R$ 0.{5}3723 BRL
GemFlow to CNY
1 GEF to ¥ 0.{5}4375 CNY
GemFlow to TWD
1 GEF to NT$ 0.{4}1960 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in GemFlow.
Bitcoin to PAB
1 BTC to B/. 94,097.95 PAB
Virtuals Protocol to PAB
1 VIRTUAL to B/. 3.09 PAB
Hedera to PAB
1 HBAR to B/. 0.3069 PAB
Ethereum to PAB
1 ETH to B/. 3,399.29 PAB
Usual to PAB
1 USUAL to B/. 1.31 PAB
Chainlink to PAB
1 LINK to B/. 23.93 PAB
Aave to PAB
1 AAVE to B/. 374.79 PAB
Horizen to PAB
1 ZEN to B/. 37.82 PAB
Bitcoin Gold to PAB
1 BTG to B/. 13.2 PAB
Sui to PAB
1 SUI to B/. 4.52 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 GemFlow 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 GemFlow 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 GemFlow 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.
