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BTC dominance63.51%
New listings: Pi Network
Hot BTC ETF : IBIT
BTC/USDT$92746.26 (-0.41%)
Fear and Greed Index63(Greed)
Altcoin season index:16(Bitcoin season)
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Bitget: Ranked top 4 in global daily trading volume!
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New listings: Pi Network
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Fear and Greed Index63(Greed)
Altcoin season index:16(Bitcoin season)
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base info Phoenic

Phoenic to Panamanian Balboa Converter and calculator

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Convert 1Phoenic (PNIC) to Panamanian Balboa (PAB) equals B/. 0.001110 | Bitget
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Last updated as of 2025/04/24 04:34:50 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Phoenic(PNIC) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 PNIC at a value of 1 PNIC 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Phoenic currency pair is the PNIC to PAB, with for Phoenic's currency code being PNIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

PNIC to PAB conversion rate trend

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In the past 1D, Phoenic has changed +5.29% to PAB. Based on the trend and price charts, Phoenic(PNIC) has changed +5.29% to PAB while Panamanian Balboa(PAB) has changed -5.02% to PNIC in the last 24 hours.

PNIC to PAB market statistics

PNIC/PAB:
B/. 0.001110
PNIC 24h volume:
B/. 315,120.14
PNIC market cap:
B/. 282,460.81
PNIC circulating supply:
254.37M PNIC

Current PNIC to PAB exchange rate

Phoenic to Panamanian Balboa is rising this week.
Phoenic's current market price is B/. 0.001110 per PNIC, with a total market cap of B/. 282,460.81 PAB based on a circulating supply of 254,367,020 PNIC. The trading volume of Phoenic has changed by +200.07% (B/. 210,104.56 PAB) in the last 24 hours. Last trading day, PNIC's trading volume was B/. 105,015.58.

PNIC to PAB Conversion tables

The exchange rate of Phoenic is decreasing.
1 PNIC is currently valued at B/. 0.001110 PAB , which means buying 5 PNIC will cost B/. 0.005552 PAB . Similarly, B/.1 PAB can be traded for 900.54 PNIC, and B/.50 PAB can be converted to 45,026.96 PNIC, excluding any platform or gas fees.
The exchange rate of 1 PNIC to Panamanian Balboa has changed by +11.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.29%, reaching a high of 0.001211 PAB and a low of 0.001007 PAB . One month ago, the value of 1 PNIC was B/. 0.001268 PAB , which represents a -12.44% change from its current value. Over the last year, Phoenic has changed by
-B/.
0.05463PAB
, resulting in a change of -98.01% in its value.

PNIC to PAB

Amount
04:34 am today
0.5 PNIC
B/.0.0005552
1 PNIC
B/.0.001110
5 PNIC
B/.0.005552
10 PNIC
B/.0.01110
50 PNIC
B/.0.05552
100 PNIC
B/.0.1110
500 PNIC
B/.0.5552
1000 PNIC
B/.1.11

PAB to PNIC

Amount04:34 am today
0.5PAB450.27  PNIC
1PAB900.54  PNIC
5PAB4,502.7  PNIC
10PAB9,005.39  PNIC
50PAB45,026.96  PNIC
100PAB90,053.92  PNIC
500PAB450,269.61  PNIC
1000PAB900,539.22  PNIC
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PNIC to PAB Today vs. 24 hours ago

Amount04:34 am today24 hours ago24h change
0.5 PNICB/.0.0005552B/.0.0005273
+5.29%
1 PNICB/.0.001110B/.0.001055
+5.29%
5 PNICB/.0.005552B/.0.005273
+5.29%
10 PNICB/.0.01110B/.0.01055
+5.29%
50 PNICB/.0.05552B/.0.05273
+5.29%
100 PNICB/.0.1110B/.0.1055
+5.29%
500 PNICB/.0.5552B/.0.5273
+5.29%
1000 PNICB/.1.11B/.1.05
+5.29%

PNIC to PAB Today vs. 1 month ago

Amount04:34 am today1 month ago1M change
0.5 PNICB/.0.0005552B/.0.0006342
-12.44%
1 PNICB/.0.001110B/.0.001268
-12.44%
5 PNICB/.0.005552B/.0.006342
-12.44%
10 PNICB/.0.01110B/.0.01268
-12.44%
50 PNICB/.0.05552B/.0.06342
-12.44%
100 PNICB/.0.1110B/.0.1268
-12.44%
500 PNICB/.0.5552B/.0.6342
-12.44%
1000 PNICB/.1.11B/.1.27
-12.44%

PNIC to PAB Today vs. 1 year ago

Amount04:34 am today1 year ago1Y change
0.5 PNICB/.0.0005552B/.0.02787
-98.01%
1 PNICB/.0.001110B/.0.05574
-98.01%
5 PNICB/.0.005552B/.0.2787
-98.01%
10 PNICB/.0.01110B/.0.5574
-98.01%
50 PNICB/.0.05552B/.2.79
-98.01%
100 PNICB/.0.1110B/.5.57
-98.01%
500 PNICB/.0.5552B/.27.87
-98.01%
1000 PNICB/.1.11B/.55.74
-98.01%

How to convert PNIC to PAB

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Buy PNIC (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading does not currently support direct buying of PNIC with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy PNIC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell PNIC (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading currently does not support direct selling of PNIC to PAB. However, you can first exchange PNIC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of PNIC to PAB?

There are many factors that affect the relationship between Phoenic and Panamanian Balboa, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PNIC/PAB. When there is positive news in the market about the widespread adoption of PNIC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PNIC/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PNIC/PAB.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PNIC/PAB. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Phoenic and adjust their investment strategies accordingly in the evolving market.

Phoenic Price Prediction

What will the price of PNIC be in 2026?

Based on PNIC's historical price performance prediction model, the price of PNIC is projected to reach $0.004572 in 2026.

What will the price of PNIC be in 2031?

In 2031, the PNIC price is expected to change by +32.00%. By the end of 2031, the PNIC price is projected to reach $0.009070, with a cumulative ROI of +713.07%.

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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.