Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

BGL to PAB Converter and calculator

BGL/PAB: 1 BGL = 0.05350 PAB. The price of converting 1 Bitgesell (BGL) to Panamanian Balboa (PAB) is 0.05350 PAB today.
BGL
BGL
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides BGL to PAB real-time exchange rates, making it easy to convert Bitgesell (BGL) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 BGL is currently valued at 0.05 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BGL is currently valued at 0.05 PAB, which means buying 5 BGL would cost 0.27 PAB. Similarly, B/.1 PAB can be converted to 18.69 BGL, and B/.50 PAB can be converted to 93.46 BGL, excluding any platform or gas fees.

Convert BGL to PAB

Convert PAB to BGL

Bitgesell
Panamanian Balboa
10000 BGL
534.98  PAB
In the table above, you'll find a comprehensive BGL to PAB converter that shows the value of Bitgesell in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 BGL to PAB, all the way up to 10000 BGL, providing a clear view of their respective values.
Panamanian Balboa
Bitgesell
10000 PAB
186,923.29 BGL
50000 PAB
934,616.47 BGL
100000 PAB
1,869,232.95 BGL
In the table above, you'll find a comprehensive PAB to BGL converter that shows the value of Panamanian Balboa in Bitgesell across commonly used conversion amounts. The list covers conversions from 1 PAB to BGL, all the way up to 100000 PAB, providing a clear view of their respective values.

BGL to PAB chart

BGL/PAB: 1 BGL = 0.05350 PAB; 2025/05/23 18:50:46
In the past 1D, Bitgesell has changed -0.73% to PAB. Based on the trend and price charts, Bitgesell(BGL) has changed -0.73% to PAB while Panamanian Balboa(PAB) has changed % to BGL in the last 24 hours.
1D7D1M3M1YAll

BGL to PAB conversion data: Volatility and price changes of Bitgesell in PAB

The highest Bitgesell price in PAB over the past 7 days was 0.05570 PAB while the lowest Bitgesell price in PAB over the past 7 days was 0.05035 PAB. The relative change between the highs and lows in Bitgesell price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and BGL to PAB prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.05475 PAB
0.05570 PAB
0.06351 PAB
0.07153 PAB
Low
0.05268 PAB
0.05035 PAB
0.04841 PAB
0.03182 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-0.73%
+5.73%
-8.82%
+23.39%

Bitgesell information

BGL to PAB market statistics

BGL/PAB:
B/.0.05350
BGL 24h volume:
B/.432.1
BGL market cap:
B/.864,415.04
BGL circulating supply:
16.16M BGL

Current BGL to PAB exchange rate

Bitgesell to Panamanian Balboa is rising this week.
Bitgesell's current market price is B/.0.05350 per BGL, with a total market cap of B/.864,415.04 PAB based on a circulating supply of 16,157,930 BGL. The trading volume of Bitgesell has changed by 0.00% (B/.0 PAB) in the last 24 hours. Last trading day, BGL's trading volume was B/.432.1.

More info about Bitgesell on Bitget

Panamanian Balboa 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 Bitgesell currency pair is the BGL to PAB, with for Bitgesell's currency code being BGL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 108714.55 USD
popular info ethereum
ETH to USD
1 ETH to 2559.73 USD
popular info ripple
XRP to USD
1 XRP to 2.37 USD
popular info solana
SOL to USD
1 SOL to 179.86 USD
popular info bitcoin
BTC to EUR
1 BTC to 95657.93 EUR
popular info bitcoin
BTC to GBP
1 BTC to 80329.18 GBP
popular info bitcoin
BTC to CAD
1 BTC to 149221.59 CAD
popular info bitcoin
BTC to BRL
1 BTC to 616281.04 BRL
popular info bitcoin
BTC to INR
1 BTC to 9255152.30 INR
popular info pi-network
PI to INR
1 PI to 64.23 INR

Hot promotions

How to convert BGL to PAB

buy-coin-step-0-img
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.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert BGL to PAB
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy BGL (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of BGL with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy BGL with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular Bitgesell Converter

popular info New Taiwan dollar
BGL to TWD
1 BGL to NT$1.61 TWD
popular info Chinese Yuan
BGL to CNY
1 BGL to ¥0.3843 CNY
popular info United States Dollar
BGL to USD
1 BGL to $0.05350 USD
popular info Panamanian Balboa
BGL to PAB
1 BGL to B/.0.05350 PAB
popular info Euro
BGL to EUR
1 BGL to €0.04707 EUR
popular info Canadian Dollar
BGL to CAD
1 BGL to C$0.07343 CAD
popular info South Korean Won
BGL to KRW
1 BGL to ₩73.04 KRW
popular info Japanese Yen
BGL to JPY
1 BGL to ¥7.63 JPY
popular info Pound Sterling
BGL to GBP
1 BGL to £0.03953 GBP
popular info Brazilian Real
BGL to BRL
1 BGL to R$0.3033 BRL

Popular cryptocurrencies to PAB

other assets Solana
SOL to PAB
1 SOL to B/.179.96 PAB
other assets Pepe
PEPE to PAB
1 PEPE to B/.0.{4}1498 PAB
other assets XRP
XRP to PAB
1 XRP to B/.2.36 PAB
other assets Artificial Superintelligence Alliance
FET to PAB
1 FET to B/.0.9137 PAB
other assets dogwifhat
WIF to PAB
1 WIF to B/.1.2 PAB
other assets NEXPACE
NXPC to PAB
1 NXPC to B/.2.04 PAB
other assets Bonk
BONK to PAB
1 BONK to B/.0.{4}2321 PAB
other assets KernelDAO
KERNEL to PAB
1 KERNEL to B/.0.1719 PAB
other assets Moo Deng (moodengsol.com)
MOODENG to PAB
1 MOODENG to B/.0.2780 PAB
other assets Virtuals Protocol
VIRTUAL to PAB
1 VIRTUAL to B/.2.09 PAB

BGL to PAB Conversion tables

The exchange rate of Bitgesell is decreasing.
The exchange rate of 1 BGL to Panamanian Balboa has changed by +5.73% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.73%, reaching a high of 0.05475 PAB and a low of 0.05268 PAB . One month ago, the value of 1 BGL was B/.0.05867 PAB , which represents a -8.82% change from its current value. Over the last year, Bitgesell has changed by
-B/.
0.03553PAB
, resulting in a change of -39.91% in its value.
24 hours ago1 month ago1 year ago
Amount18:50 today24 hours ago24h change
0.5 BGL
B/.0.02675B/.0.02695
-0.73%
1 BGL
B/.0.05350B/.0.05389
-0.73%
5 BGL
B/.0.2675B/.0.2695
-0.73%
10 BGL
B/.0.5350B/.0.5389
-0.73%
50 BGL
B/.2.67B/.2.69
-0.73%
100 BGL
B/.5.35B/.5.39
-0.73%
500 BGL
B/.26.75B/.26.95
-0.73%
1000 BGL
B/.53.5B/.53.89
-0.73%

BGL to PAB FAQ

How much is 1 Bitgesell in PAB?
Right now, the price of 1 Bitgesell (BGL) in Panamanian Balboa (PAB) is B/.0.05350.
How much BGL can I buy for 1 PAB?
Based on the current exchange rate, you can get 18.69 BGL for 1 PAB.
How do I calculate or convert BGL to PAB?
You can use our BGL to PAB calculator at the top of this page to convert any amount of BGL to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 93.46 BGL, while 5 BGL will cost around 0.2675PAB.
What is the highest price of BGL/PAB in history?
The all-time high price of 1 BGL in PAB is B/.6.3. It remains to be seen if the value of 1 BGL/PAB will exceed the current all-time high.
What is the price trend of Bitgesell in PAB?
Over the past 7 days, the exchange rate of Bitgesell (BGL) has gone up by 5.73%.   Over the last month, the exchange rate of Bitgesell (BGL) has gone down by 8.82% against Panamanian Balboa (PAB).

What factors influence the conversion rate of BGL to PAB?

There are many factors that affect the relationship between Bitgesell 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 BGL/PAB. When there is positive news in the market about the widespread adoption of BGL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BGL/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BGL/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.
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 BGL/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 Bitgesell and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

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.