SPEED
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 Speed Star SPEED(SPEED) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 SPEED at a value of 1 SPEED 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 Speed Star SPEED currency pair is the SPEED to PAB, with for Speed Star SPEED's currency code being SPEED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
SPEED to PAB conversion rate trend
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In the past 1D, Speed Star SPEED has changed +3.85% to PAB. Based on the trend and price charts, Speed Star SPEED(SPEED) has changed +3.85% to PAB while Panamanian Balboa(PAB) has changed % to SPEED in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{5}1896 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 16:34:53(UTC+0)
How to buy Speed Star SPEED
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Speed Star SPEED (SPEED)
Use a variety of payment options to buy Speed Star SPEED on Bitget. We'll show you how.
Buy SPEED (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of SPEED with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy SPEED 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 SPEED (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of SPEED to PAB. However, you can first exchange SPEED 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 Speed Star SPEED to Panamanian Balboa?
Speed Star SPEED to Panamanian Balboa is rising this week.Speed Star SPEED's current market price is B/. 0.{5}1896 per SPEED, with a total market cap of B/. 0 PAB based on a circulating supply of -- SPEED. The trading volume of Speed Star SPEED has changed by 0.00% (B/. 0 PAB) in the last 24 hours. Last trading day, SPEED's trading volume was B/. 0.
Market cap
$0
24h volume
$0
Circulating supply
0 SPEED
Conversion tables
The exchange rate of Speed Star SPEED is increasing.1 SPEED is currently valued at B/. 0.{5}1896 PAB , which means buying 5 SPEED will cost B/. 0.{5}9481 PAB . Similarly, B/.1 PAB can be traded for 527,366.83 SPEED, and B/.50 PAB can be converted to 26,368,341.58 SPEED, excluding any platform or gas fees.
The exchange rate of 1 SPEED to Panamanian Balboa has changed by +2.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.85%, reaching a high of 0.{5}2686 PAB and a low of 0.{5}2538 PAB . One month ago, the value of 1 SPEED was B/. 0.{5}1871 PAB , which represents a +0.97% change from its current value. Over the last year, Speed Star SPEED has changed by , resulting in a change of -99.22% in its value.
-B/.
0.0003401PABSPEED to PAB
Amount
20:19 today
0.5 SPEED
B/.0.{6}9481
1 SPEED
B/.0.{5}1896
5 SPEED
B/.0.{5}9481
10 SPEED
B/.0.{4}1896
50 SPEED
B/.0.{4}9481
100 SPEED
B/.0.0001896
500 SPEED
B/.0.0009481
1000 SPEED
B/.0.001896
PAB to SPEED
Amount20:19 today
0.5PAB263,683.42 SPEED
1PAB527,366.83 SPEED
5PAB2,636,834.16 SPEED
10PAB5,273,668.32 SPEED
50PAB26,368,341.58 SPEED
100PAB52,736,683.16 SPEED
500PAB263,683,415.78 SPEED
1000PAB527,366,831.57 SPEED
Today vs. 24 hours ago
| Amount | 20:19 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SPEED | $0.{6}9481 | $0.{6}8988 | +3.85% |
| 1 SPEED | $0.{5}1896 | $0.{5}1798 | +3.85% |
| 5 SPEED | $0.{5}9481 | $0.{5}8988 | +3.85% |
| 10 SPEED | $0.{4}1896 | $0.{4}1798 | +3.85% |
| 50 SPEED | $0.{4}9481 | $0.{4}8988 | +3.85% |
| 100 SPEED | $0.0001896 | $0.0001798 | +3.85% |
| 500 SPEED | $0.0009481 | $0.0008988 | +3.85% |
| 1000 SPEED | $0.001896 | $0.001798 | +3.85% |
Today vs. 1 month ago
| Amount | 20:19 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SPEED | $0.{6}9481 | $0.{6}9353 | +0.97% |
| 1 SPEED | $0.{5}1896 | $0.{5}1871 | +0.97% |
| 5 SPEED | $0.{5}9481 | $0.{5}9353 | +0.97% |
| 10 SPEED | $0.{4}1896 | $0.{4}1871 | +0.97% |
| 50 SPEED | $0.{4}9481 | $0.{4}9353 | +0.97% |
| 100 SPEED | $0.0001896 | $0.0001871 | +0.97% |
| 500 SPEED | $0.0009481 | $0.0009353 | +0.97% |
| 1000 SPEED | $0.001896 | $0.001871 | +0.97% |
Today vs. 1 year ago
| Amount | 20:19 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SPEED | $0.{6}9481 | $0.0001710 | -99.22% |
| 1 SPEED | $0.{5}1896 | $0.0003420 | -99.22% |
| 5 SPEED | $0.{5}9481 | $0.001710 | -99.22% |
| 10 SPEED | $0.{4}1896 | $0.003420 | -99.22% |
| 50 SPEED | $0.{4}9481 | $0.01710 | -99.22% |
| 100 SPEED | $0.0001896 | $0.03420 | -99.22% |
| 500 SPEED | $0.0009481 | $0.1710 | -99.22% |
| 1000 SPEED | $0.001896 | $0.3420 | -99.22% |
Speed Star SPEED price prediction
What will the price of SPEED be in 2025?
Based on SPEED's historical price performance prediction model, the price of SPEED is projected to reach $0.{5}2894 in 2025.
What will the price of SPEED be in 2030?
In 2030, the SPEED price is expected to change by +8.00%. By the end of 2030, the SPEED price is projected to reach $0.{5}4675, with a cumulative ROI of +146.52%.
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Popular Speed Star SPEED conversions
Check out these popular currency conversions of Speed Star SPEED to several fiat currencies.
Speed Star SPEED to USD
1 SPEED to $ 0.{5}1896 USD
Speed Star SPEED to GBP
1 SPEED to £ 0.{5}1514 GBP
Speed Star SPEED to EUR
1 SPEED to € 0.{5}1823 EUR
Speed Star SPEED to KRW
1 SPEED to ₩ 0.002757 KRW
Speed Star SPEED to CAD
1 SPEED to $ 0.{5}2726 CAD
Speed Star SPEED to AUD
1 SPEED to $ 0.{5}3036 AUD
Speed Star SPEED to JPY
1 SPEED to ¥ 0.0002980 JPY
Speed Star SPEED to BRL
1 SPEED to R$ 0.{4}1173 BRL
Speed Star SPEED to CNY
1 SPEED to ¥ 0.{4}1385 CNY
Speed Star SPEED to TWD
1 SPEED to NT$ 0.{4}6202 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Speed Star SPEED.
Bitcoin to PAB
1 BTC to B/. 92,600.16 PAB
Ethereum to PAB
1 ETH to B/. 3,330.63 PAB
XRP to PAB
1 XRP to B/. 2.18 PAB
Aave to PAB
1 AAVE to B/. 357.61 PAB
BNB to PAB
1 BNB to B/. 683.98 PAB
Chainlink to PAB
1 LINK to B/. 23.13 PAB
Hedera to PAB
1 HBAR to B/. 0.2725 PAB
Solana to PAB
1 SOL to B/. 186.99 PAB
Cardano to PAB
1 ADA to B/. 0.8942 PAB
Shiba Inu to PAB
1 SHIB to B/. 0.{4}2186 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 Speed Star SPEED 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 Speed Star SPEED 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 Speed Star SPEED 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.
