UBEX
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 Ubex(UBEX) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 UBEX at a value of 1 UBEX 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 Ubex currency pair is the UBEX to PAB, with for Ubex's currency code being UBEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
UBEX to PAB conversion rate trend
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In the past 1D, Ubex has changed +4.70% to PAB. Based on the trend and price charts, Ubex(UBEX) has changed +4.70% to PAB while Panamanian Balboa(PAB) has changed % to UBEX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{4}4417 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:31:33(UTC+0)
How to buy Ubex
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Buy Ubex (UBEX)
Use a variety of payment options to buy Ubex on Bitget. We'll show you how.
Buy UBEX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of UBEX with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy UBEX with USDT via Bitget spot market.
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Sell UBEX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of UBEX to PAB. However, you can first exchange UBEX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Ubex to Panamanian Balboa?
Ubex to Panamanian Balboa is falling this week.Ubex's current market price is B/. 0.{4}4459 per UBEX, with a total market cap of B/. 147,422.71 PAB based on a circulating supply of 3,306,258,700 UBEX. The trading volume of Ubex has changed by -13.60% (B/. -17.54 PAB) in the last 24 hours. Last trading day, UBEX's trading volume was B/. 128.93.
Market cap
$147.42K
24h volume
$111.3898627
Circulating supply
3.31B UBEX
Conversion tables
The exchange rate of Ubex is decreasing.1 UBEX is currently valued at B/. 0.{4}4459 PAB , which means buying 5 UBEX will cost B/. 0.0002229 PAB . Similarly, B/.1 PAB can be traded for 22,427.07 UBEX, and B/.50 PAB can be converted to 1,121,353.25 UBEX, excluding any platform or gas fees.
The exchange rate of 1 UBEX to Panamanian Balboa has changed by -4.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.70%, reaching a high of 0.{4}4463 PAB and a low of 0.{4}4114 PAB . One month ago, the value of 1 UBEX was B/. 0.{4}5835 PAB , which represents a -23.60% change from its current value. Over the last year, Ubex has changed by , resulting in a change of -84.50% in its value.
-B/.
0.0002429PABUBEX to PAB
Amount
12:22 today
0.5 UBEX
B/.0.{4}2229
1 UBEX
B/.0.{4}4459
5 UBEX
B/.0.0002229
10 UBEX
B/.0.0004459
50 UBEX
B/.0.002229
100 UBEX
B/.0.004459
500 UBEX
B/.0.02229
1000 UBEX
B/.0.04459
PAB to UBEX
Amount12:22 today
0.5PAB11,213.53 UBEX
1PAB22,427.07 UBEX
5PAB112,135.33 UBEX
10PAB224,270.65 UBEX
50PAB1,121,353.25 UBEX
100PAB2,242,706.51 UBEX
500PAB11,213,532.53 UBEX
1000PAB22,427,065.05 UBEX
Today vs. 24 hours ago
| Amount | 12:22 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 UBEX | $0.{4}2229 | $0.{4}2129 | +4.70% |
| 1 UBEX | $0.{4}4459 | $0.{4}4259 | +4.70% |
| 5 UBEX | $0.0002229 | $0.0002129 | +4.70% |
| 10 UBEX | $0.0004459 | $0.0004259 | +4.70% |
| 50 UBEX | $0.002229 | $0.002129 | +4.70% |
| 100 UBEX | $0.004459 | $0.004259 | +4.70% |
| 500 UBEX | $0.02229 | $0.02129 | +4.70% |
| 1000 UBEX | $0.04459 | $0.04259 | +4.70% |
Today vs. 1 month ago
| Amount | 12:22 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 UBEX | $0.{4}2229 | $0.{4}2918 | -23.60% |
| 1 UBEX | $0.{4}4459 | $0.{4}5835 | -23.60% |
| 5 UBEX | $0.0002229 | $0.0002918 | -23.60% |
| 10 UBEX | $0.0004459 | $0.0005835 | -23.60% |
| 50 UBEX | $0.002229 | $0.002918 | -23.60% |
| 100 UBEX | $0.004459 | $0.005835 | -23.60% |
| 500 UBEX | $0.02229 | $0.02918 | -23.60% |
| 1000 UBEX | $0.04459 | $0.05835 | -23.60% |
Today vs. 1 year ago
| Amount | 12:22 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 UBEX | $0.{4}2229 | $0.0001438 | -84.50% |
| 1 UBEX | $0.{4}4459 | $0.0002875 | -84.50% |
| 5 UBEX | $0.0002229 | $0.001438 | -84.50% |
| 10 UBEX | $0.0004459 | $0.002875 | -84.50% |
| 50 UBEX | $0.002229 | $0.01438 | -84.50% |
| 100 UBEX | $0.004459 | $0.02875 | -84.50% |
| 500 UBEX | $0.02229 | $0.1438 | -84.50% |
| 1000 UBEX | $0.04459 | $0.2875 | -84.50% |
Ubex price prediction
What will the price of UBEX be in 2025?
Based on UBEX's historical price performance prediction model, the price of UBEX is projected to reach $0.{4}9785 in 2025.
What will the price of UBEX be in 2030?
In 2030, the UBEX price is expected to change by +2.00%. By the end of 2030, the UBEX price is projected to reach $0.0002498, with a cumulative ROI of +485.44%.
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Popular Ubex conversions
Check out these popular currency conversions of Ubex to several fiat currencies.
Ubex to USD
1 UBEX to $ 0.{4}4459 USD
Ubex to GBP
1 UBEX to £ 0.{4}3549 GBP
Ubex to EUR
1 UBEX to € 0.{4}4285 EUR
Ubex to KRW
1 UBEX to ₩ 0.06475 KRW
Ubex to CAD
1 UBEX to $ 0.{4}6415 CAD
Ubex to AUD
1 UBEX to $ 0.{4}7125 AUD
Ubex to JPY
1 UBEX to ¥ 0.006988 JPY
Ubex to BRL
1 UBEX to R$ 0.0002714 BRL
Ubex to CNY
1 UBEX to ¥ 0.0003258 CNY
Ubex to TWD
1 UBEX to NT$ 0.001458 TWD
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Explore other cryptocurrencies based on your interest in Ubex.
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1 AAVE to B/. 336.15 PAB
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Peanut the Squirrel to PAB
1 PNUT to B/. 0.6878 PAB
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1 ALGO to B/. 0.3611 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 Ubex 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 Ubex 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 Ubex 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.
