ITSB
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 ITSBLOC(ITSB) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 ITSB at a value of 1 ITSB 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 ITSBLOC currency pair is the ITSB to PAB, with for ITSBLOC's currency code being ITSB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
ITSB to PAB conversion rate trend
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In the past 1D, ITSBLOC has changed +2.40% to PAB. Based on the trend and price charts, ITSBLOC(ITSB) has changed +2.40% to PAB while Panamanian Balboa(PAB) has changed % to ITSB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{4}4397 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.{4}4400 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/25 00:00:21(UTC+0)
How to buy ITSBLOC
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Buy ITSBLOC (ITSB)
Use a variety of payment options to buy ITSBLOC on Bitget. We'll show you how.
Buy ITSB (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of ITSB with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy ITSB 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 ITSB (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of ITSB to PAB. However, you can first exchange ITSB 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 ITSBLOC to Panamanian Balboa?
ITSBLOC to Panamanian Balboa is falling this week.ITSBLOC's current market price is B/. 0.{4}4398 per ITSB, with a total market cap of B/. 0 PAB based on a circulating supply of -- ITSB. The trading volume of ITSBLOC has changed by +61.82% (B/. 278.58 PAB) in the last 24 hours. Last trading day, ITSB's trading volume was B/. 450.65.
Market cap
$0
24h volume
$729.22878601
Circulating supply
0 ITSB
Conversion tables
The exchange rate of ITSBLOC is decreasing.1 ITSB is currently valued at B/. 0.{4}4398 PAB , which means buying 5 ITSB will cost B/. 0.0002199 PAB . Similarly, B/.1 PAB can be traded for 22,737.83 ITSB, and B/.50 PAB can be converted to 1,136,891.26 ITSB, excluding any platform or gas fees.
The exchange rate of 1 ITSB to Panamanian Balboa has changed by -4.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.40%, reaching a high of 0.{4}4699 PAB and a low of 0.{4}3996 PAB . One month ago, the value of 1 ITSB was B/. 0.{4}4505 PAB , which represents a -2.39% change from its current value. Over the last year, ITSBLOC has changed by , resulting in a change of -99.48% in its value.
-B/.
0.008430PABITSB to PAB
Amount
05:48 am today
0.5 ITSB
B/.0.{4}2199
1 ITSB
B/.0.{4}4398
5 ITSB
B/.0.0002199
10 ITSB
B/.0.0004398
50 ITSB
B/.0.002199
100 ITSB
B/.0.004398
500 ITSB
B/.0.02199
1000 ITSB
B/.0.04398
PAB to ITSB
Amount05:48 am today
0.5PAB11,368.91 ITSB
1PAB22,737.83 ITSB
5PAB113,689.13 ITSB
10PAB227,378.25 ITSB
50PAB1,136,891.26 ITSB
100PAB2,273,782.51 ITSB
500PAB11,368,912.57 ITSB
1000PAB22,737,825.15 ITSB
Today vs. 24 hours ago
| Amount | 05:48 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ITSB | $0.{4}2199 | $0.{4}2147 | +2.40% |
| 1 ITSB | $0.{4}4398 | $0.{4}4295 | +2.40% |
| 5 ITSB | $0.0002199 | $0.0002147 | +2.40% |
| 10 ITSB | $0.0004398 | $0.0004295 | +2.40% |
| 50 ITSB | $0.002199 | $0.002147 | +2.40% |
| 100 ITSB | $0.004398 | $0.004295 | +2.40% |
| 500 ITSB | $0.02199 | $0.02147 | +2.40% |
| 1000 ITSB | $0.04398 | $0.04295 | +2.40% |
Today vs. 1 month ago
| Amount | 05:48 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ITSB | $0.{4}2199 | $0.{4}2253 | -2.39% |
| 1 ITSB | $0.{4}4398 | $0.{4}4505 | -2.39% |
| 5 ITSB | $0.0002199 | $0.0002253 | -2.39% |
| 10 ITSB | $0.0004398 | $0.0004505 | -2.39% |
| 50 ITSB | $0.002199 | $0.002253 | -2.39% |
| 100 ITSB | $0.004398 | $0.004505 | -2.39% |
| 500 ITSB | $0.02199 | $0.02253 | -2.39% |
| 1000 ITSB | $0.04398 | $0.04505 | -2.39% |
Today vs. 1 year ago
| Amount | 05:48 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ITSB | $0.{4}2199 | $0.004237 | -99.48% |
| 1 ITSB | $0.{4}4398 | $0.008474 | -99.48% |
| 5 ITSB | $0.0002199 | $0.04237 | -99.48% |
| 10 ITSB | $0.0004398 | $0.08474 | -99.48% |
| 50 ITSB | $0.002199 | $0.4237 | -99.48% |
| 100 ITSB | $0.004398 | $0.8474 | -99.48% |
| 500 ITSB | $0.02199 | $4.24 | -99.48% |
| 1000 ITSB | $0.04398 | $8.47 | -99.48% |
ITSBLOC price prediction
What will the price of ITSB be in 2025?
Based on ITSB's historical price performance prediction model, the price of ITSB is projected to reach $0.0008550 in 2025.
What will the price of ITSB be in 2030?
In 2030, the ITSB price is expected to change by -18.00%. By the end of 2030, the ITSB price is projected to reach $0.001227, with a cumulative ROI of +2895.70%.
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Popular ITSBLOC conversions
Check out these popular currency conversions of ITSBLOC to several fiat currencies.
ITSBLOC to USD
1 ITSB to $ 0.{4}4398 USD
ITSBLOC to GBP
1 ITSB to £ 0.{4}3506 GBP
ITSBLOC to EUR
1 ITSB to € 0.{4}4226 EUR
ITSBLOC to KRW
1 ITSB to ₩ 0.06410 KRW
ITSBLOC to CAD
1 ITSB to $ 0.{4}6314 CAD
ITSBLOC to AUD
1 ITSB to $ 0.{4}7055 AUD
ITSBLOC to JPY
1 ITSB to ¥ 0.006910 JPY
ITSBLOC to BRL
1 ITSB to R$ 0.0002740 BRL
ITSBLOC to CNY
1 ITSB to ¥ 0.0003211 CNY
ITSBLOC to TWD
1 ITSB to NT$ 0.001438 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in ITSBLOC.
Hedera to PAB
1 HBAR to B/. 0.3124 PAB
Fartcoin to PAB
1 FARTCOIN to B/. 1.2 PAB
Turbo to PAB
1 TURBO to B/. 0.01124 PAB
Stellar to PAB
1 XLM to B/. 0.3901 PAB
Shiba Inu to PAB
1 SHIB to B/. 0.{4}2327 PAB
JasmyCoin to PAB
1 JASMY to B/. 0.03881 PAB
Reserve Rights to PAB
1 RSR to B/. 0.01417 PAB
VeChain to PAB
1 VET to B/. 0.05220 PAB
Bitget Token to PAB
1 BGB to B/. 5.13 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}1901 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 ITSBLOC 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 ITSBLOC 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 ITSBLOC 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.
