GNX
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 Genaro Network(GNX) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 GNX at a value of 1 GNX 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 Genaro Network currency pair is the GNX to PAB, with for Genaro Network's currency code being GNX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
GNX to PAB conversion rate trend
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In the past 1D, Genaro Network has changed -8.76% to PAB. Based on the trend and price charts, Genaro Network(GNX) has changed -8.76% to PAB while Panamanian Balboa(PAB) has changed % to GNX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.0006783 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.0005914 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 08:00:17(UTC+0)
How to buy Genaro Network
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Genaro Network (GNX)
Use a variety of payment options to buy Genaro Network on Bitget. We'll show you how.
Buy GNX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of GNX with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy GNX 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 GNX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of GNX to PAB. However, you can first exchange GNX 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 Genaro Network to Panamanian Balboa?
Genaro Network to Panamanian Balboa is falling this week.Genaro Network's current market price is B/. 0.0005395 per GNX, with a total market cap of B/. 350,650.68 PAB based on a circulating supply of 650,000,000 GNX. The trading volume of Genaro Network has changed by -71.62% (B/. -47.62 PAB) in the last 24 hours. Last trading day, GNX's trading volume was B/. 66.5.
Market cap
$350.65K
24h volume
$18.87367568
Circulating supply
650.00M GNX
Conversion tables
The exchange rate of Genaro Network is increasing.1 GNX is currently valued at B/. 0.0005395 PAB , which means buying 5 GNX will cost B/. 0.002697 PAB . Similarly, B/.1 PAB can be traded for 1,853.7 GNX, and B/.50 PAB can be converted to 92,684.83 GNX, excluding any platform or gas fees.
The exchange rate of 1 GNX to Panamanian Balboa has changed by -16.47% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.76%, reaching a high of 0.0006808 PAB and a low of 0.0005392 PAB . One month ago, the value of 1 GNX was B/. 0.0004112 PAB , which represents a +31.20% change from its current value. Over the last year, Genaro Network has changed by , resulting in a change of -57.19% in its value.
-B/.
0.0007205PABGNX to PAB
Amount
14:17 today
0.5 GNX
B/.0.0002697
1 GNX
B/.0.0005395
5 GNX
B/.0.002697
10 GNX
B/.0.005395
50 GNX
B/.0.02697
100 GNX
B/.0.05395
500 GNX
B/.0.2697
1000 GNX
B/.0.5395
PAB to GNX
Amount14:17 today
0.5PAB926.85 GNX
1PAB1,853.7 GNX
5PAB9,268.48 GNX
10PAB18,536.97 GNX
50PAB92,684.83 GNX
100PAB185,369.66 GNX
500PAB926,848.31 GNX
1000PAB1,853,696.62 GNX
Today vs. 24 hours ago
| Amount | 14:17 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GNX | $0.0002697 | $0.0002956 | -8.76% |
| 1 GNX | $0.0005395 | $0.0005912 | -8.76% |
| 5 GNX | $0.002697 | $0.002956 | -8.76% |
| 10 GNX | $0.005395 | $0.005912 | -8.76% |
| 50 GNX | $0.02697 | $0.02956 | -8.76% |
| 100 GNX | $0.05395 | $0.05912 | -8.76% |
| 500 GNX | $0.2697 | $0.2956 | -8.76% |
| 1000 GNX | $0.5395 | $0.5912 | -8.76% |
Today vs. 1 month ago
| Amount | 14:17 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GNX | $0.0002697 | $0.0002056 | +31.20% |
| 1 GNX | $0.0005395 | $0.0004112 | +31.20% |
| 5 GNX | $0.002697 | $0.002056 | +31.20% |
| 10 GNX | $0.005395 | $0.004112 | +31.20% |
| 50 GNX | $0.02697 | $0.02056 | +31.20% |
| 100 GNX | $0.05395 | $0.04112 | +31.20% |
| 500 GNX | $0.2697 | $0.2056 | +31.20% |
| 1000 GNX | $0.5395 | $0.4112 | +31.20% |
Today vs. 1 year ago
| Amount | 14:17 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GNX | $0.0002697 | $0.0006300 | -57.19% |
| 1 GNX | $0.0005395 | $0.001260 | -57.19% |
| 5 GNX | $0.002697 | $0.006300 | -57.19% |
| 10 GNX | $0.005395 | $0.01260 | -57.19% |
| 50 GNX | $0.02697 | $0.06300 | -57.19% |
| 100 GNX | $0.05395 | $0.1260 | -57.19% |
| 500 GNX | $0.2697 | $0.6300 | -57.19% |
| 1000 GNX | $0.5395 | $1.26 | -57.19% |
Genaro Network price prediction
What will the price of GNX be in 2025?
Based on GNX's historical price performance prediction model, the price of GNX is projected to reach $0.001082 in 2025.
What will the price of GNX be in 2030?
In 2030, the GNX price is expected to change by -2.00%. By the end of 2030, the GNX price is projected to reach $0.002043, with a cumulative ROI of +284.37%.
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Popular Genaro Network conversions
Check out these popular currency conversions of Genaro Network to several fiat currencies.
Genaro Network to USD
1 GNX to $ 0.0005395 USD
Genaro Network to GBP
1 GNX to £ 0.0004306 GBP
Genaro Network to EUR
1 GNX to € 0.0005191 EUR
Genaro Network to KRW
1 GNX to ₩ 0.7840 KRW
Genaro Network to CAD
1 GNX to $ 0.0007776 CAD
Genaro Network to AUD
1 GNX to $ 0.0008653 AUD
Genaro Network to JPY
1 GNX to ¥ 0.08479 JPY
Genaro Network to BRL
1 GNX to R$ 0.003315 BRL
Genaro Network to CNY
1 GNX to ¥ 0.003940 CNY
Genaro Network to TWD
1 GNX to NT$ 0.01763 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Genaro Network.
Bitcoin to PAB
1 BTC to B/. 95,118.14 PAB
Ethereum to PAB
1 ETH to B/. 3,342.32 PAB
Aave to PAB
1 AAVE to B/. 339.96 PAB
Verge to PAB
1 XVG to B/. 0.01247 PAB
QuarkChain to PAB
1 QKC to B/. 0.01181 PAB
Frax Share to PAB
1 FXS to B/. 3.26 PAB
Steem to PAB
1 STEEM to B/. 0.2600 PAB
Algorand to PAB
1 ALGO to B/. 0.3575 PAB
Curve DAO Token to PAB
1 CRV to B/. 0.8697 PAB
XRP to PAB
1 XRP to B/. 2.2 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 Genaro Network 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 Genaro Network 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 Genaro Network 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.
