SFRXETH
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 Frax Staked Ether(SFRXETH) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 SFRXETH at a value of 1 SFRXETH for 2,980.95 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 Frax Staked Ether currency pair is the SFRXETH to PAB, with for Frax Staked Ether's currency code being SFRXETH. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
SFRXETH to PAB conversion rate trend
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In the past 1D, Frax Staked Ether has changed +0.22% to PAB. Based on the trend and price charts, Frax Staked Ether(SFRXETH) has changed +0.22% to PAB while Panamanian Balboa(PAB) has changed % to SFRXETH in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.2,980.95 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 08:35:47(UTC+0)
How to buy Frax Staked Ether
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Buy Frax Staked Ether (SFRXETH)
Use a variety of payment options to buy Frax Staked Ether on Bitget. We'll show you how.
Buy SFRXETH (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of SFRXETH with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy SFRXETH 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 SFRXETH (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of SFRXETH to PAB. However, you can first exchange SFRXETH 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 Frax Staked Ether to Panamanian Balboa?
Frax Staked Ether to Panamanian Balboa is rising this week.Frax Staked Ether's current market price is B/. 2,980.95 per SFRXETH, with a total market cap of B/. 434,585,647.27 PAB based on a circulating supply of 145,787.6 SFRXETH. The trading volume of Frax Staked Ether has changed by -0.78% (B/. -11,308.76 PAB) in the last 24 hours. Last trading day, SFRXETH's trading volume was B/. 1,448,356.08.
Market cap
$434.59M
24h volume
$1.44M
Circulating supply
145.79K SFRXETH
Conversion tables
The exchange rate of Frax Staked Ether is decreasing.1 SFRXETH is currently valued at B/. 2,980.95 PAB , which means buying 5 SFRXETH will cost B/. 14,904.75 PAB . Similarly, B/.1 PAB can be traded for 0.0003355 SFRXETH, and B/.50 PAB can be converted to 0.01677 SFRXETH, excluding any platform or gas fees.
The exchange rate of 1 SFRXETH to Panamanian Balboa has changed by +2.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.22%, reaching a high of 3,885.99 PAB and a low of 3,841.19 PAB . One month ago, the value of 1 SFRXETH was B/. 3,111.4 PAB , which represents a -3.27% change from its current value. Over the last year, Frax Staked Ether has changed by , resulting in a change of +99.76% in its value.
+B/.
924.38PABSFRXETH to PAB
Amount
13:04 today
0.5 SFRXETH
B/.1,490.48
1 SFRXETH
B/.2,980.95
5 SFRXETH
B/.14,904.75
10 SFRXETH
B/.29,809.51
50 SFRXETH
B/.149,047.54
100 SFRXETH
B/.298,095.07
500 SFRXETH
B/.1,490,475.35
1000 SFRXETH
B/.2,980,950.7
PAB to SFRXETH
Amount13:04 today
0.5PAB0.0001677 SFRXETH
1PAB0.0003355 SFRXETH
5PAB0.001677 SFRXETH
10PAB0.003355 SFRXETH
50PAB0.01677 SFRXETH
100PAB0.03355 SFRXETH
500PAB0.1677 SFRXETH
1000PAB0.3355 SFRXETH
Today vs. 24 hours ago
| Amount | 13:04 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SFRXETH | $1,490.48 | $1,486.24 | +0.22% |
| 1 SFRXETH | $2,980.95 | $2,972.48 | +0.22% |
| 5 SFRXETH | $14,904.75 | $14,862.39 | +0.22% |
| 10 SFRXETH | $29,809.51 | $29,724.79 | +0.22% |
| 50 SFRXETH | $149,047.54 | $148,623.94 | +0.22% |
| 100 SFRXETH | $298,095.07 | $297,247.88 | +0.22% |
| 500 SFRXETH | $1,490,475.35 | $1,486,239.4 | +0.22% |
| 1000 SFRXETH | $2,980,950.7 | $2,972,478.8 | +0.22% |
Today vs. 1 month ago
| Amount | 13:04 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SFRXETH | $1,490.48 | $1,555.7 | -3.27% |
| 1 SFRXETH | $2,980.95 | $3,111.4 | -3.27% |
| 5 SFRXETH | $14,904.75 | $15,557 | -3.27% |
| 10 SFRXETH | $29,809.51 | $31,113.99 | -3.27% |
| 50 SFRXETH | $149,047.54 | $155,569.96 | -3.27% |
| 100 SFRXETH | $298,095.07 | $311,139.92 | -3.27% |
| 500 SFRXETH | $1,490,475.35 | $1,555,699.6 | -3.27% |
| 1000 SFRXETH | $2,980,950.7 | $3,111,399.2 | -3.27% |
Today vs. 1 year ago
| Amount | 13:04 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SFRXETH | $1,490.48 | $528.28 | +99.76% |
| 1 SFRXETH | $2,980.95 | $1,056.57 | +99.76% |
| 5 SFRXETH | $14,904.75 | $5,282.83 | +99.76% |
| 10 SFRXETH | $29,809.51 | $10,565.66 | +99.76% |
| 50 SFRXETH | $149,047.54 | $52,828.3 | +99.76% |
| 100 SFRXETH | $298,095.07 | $105,656.59 | +99.76% |
| 500 SFRXETH | $1,490,475.35 | $528,282.95 | +99.76% |
| 1000 SFRXETH | $2,980,950.7 | $1,056,565.9 | +99.76% |
Frax Staked Ether price prediction
What will the price of SFRXETH be in 2025?
Based on SFRXETH's historical price performance prediction model, the price of SFRXETH is projected to reach $5,753.82 in 2025.
What will the price of SFRXETH be in 2030?
In 2030, the SFRXETH price is expected to change by -18.00%. By the end of 2030, the SFRXETH price is projected to reach $4,824.97, with a cumulative ROI of +61.86%.
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Popular Frax Staked Ether conversions
Check out these popular currency conversions of Frax Staked Ether to several fiat currencies.
Frax Staked Ether to USD
1 SFRXETH to $ 2,980.95 USD
Frax Staked Ether to GBP
1 SFRXETH to £ 2,378.8 GBP
Frax Staked Ether to EUR
1 SFRXETH to € 2,861.12 EUR
Frax Staked Ether to KRW
1 SFRXETH to ₩ 4,186,775.07 KRW
Frax Staked Ether to CAD
1 SFRXETH to $ 4,182.87 CAD
Frax Staked Ether to AUD
1 SFRXETH to $ 4,583.81 AUD
Frax Staked Ether to JPY
1 SFRXETH to ¥ 461,361.74 JPY
Frax Staked Ether to BRL
1 SFRXETH to R$ 17,292.5 BRL
Frax Staked Ether to CNY
1 SFRXETH to ¥ 21,615.77 CNY
Frax Staked Ether to TWD
1 SFRXETH to NT$ 97,129.81 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Frax Staked Ether.
Bitcoin to PAB
1 BTC to B/. 96,845.7 PAB
MAD to PAB
1 MAD to B/. 0.{4}3072 PAB
XRP to PAB
1 XRP to B/. 1.33 PAB
Stellar to PAB
1 XLM to B/. 0.5236 PAB
Kusama to PAB
1 KSM to B/. 39.4 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4088 PAB
Hedera to PAB
1 HBAR to B/. 0.1424 PAB
Cardano to PAB
1 ADA to B/. 0.9746 PAB
Polkadot to PAB
1 DOT to B/. 8.29 PAB
Solana to PAB
1 SOL to B/. 244.92 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 Frax Staked Ether 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 Frax Staked Ether 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 Frax Staked Ether 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.
