MBD
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 MBD Financials(MBD) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 MBD at a value of 1 MBD 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 MBD Financials currency pair is the MBD to PAB, with for MBD Financials's currency code being MBD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
MBD to PAB conversion rate trend
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In the past 1D, MBD Financials has changed -7.92% to PAB. Based on the trend and price charts, MBD Financials(MBD) has changed -7.92% to PAB while Panamanian Balboa(PAB) has changed % to MBD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{4}5069 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 08:31:07(UTC+0)
How to buy MBD Financials
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Buy MBD Financials (MBD)
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Buy MBD (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of MBD with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy MBD with USDT via Bitget spot market.
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Sell MBD (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of MBD to PAB. However, you can first exchange MBD 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 MBD Financials to Panamanian Balboa?
MBD Financials to Panamanian Balboa is rising this week.MBD Financials's current market price is B/. 0.{4}4983 per MBD, with a total market cap of B/. 1,306,762.5 PAB based on a circulating supply of 26,223,243,000 MBD. The trading volume of MBD Financials has changed by -4.19% (B/. -2,297.68 PAB) in the last 24 hours. Last trading day, MBD's trading volume was B/. 54,867.28.
Market cap
$1.31M
24h volume
$52.57K
Circulating supply
26.22B MBD
Conversion tables
The exchange rate of MBD Financials is decreasing.1 MBD is currently valued at B/. 0.{4}4983 PAB , which means buying 5 MBD will cost B/. 0.0002492 PAB . Similarly, B/.1 PAB can be traded for 20,067.34 MBD, and B/.50 PAB can be converted to 1,003,366.86 MBD, excluding any platform or gas fees.
The exchange rate of 1 MBD to Panamanian Balboa has changed by +2.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.92%, reaching a high of 0.{4}5688 PAB and a low of 0.{4}4996 PAB . One month ago, the value of 1 MBD was B/. 0.{4}5584 PAB , which represents a -10.75% change from its current value. Over the last year, MBD Financials has changed by , resulting in a change of +93.68% in its value.
+B/.
0.{4}2410PABMBD to PAB
Amount
13:52 today
0.5 MBD
B/.0.{4}2492
1 MBD
B/.0.{4}4983
5 MBD
B/.0.0002492
10 MBD
B/.0.0004983
50 MBD
B/.0.002492
100 MBD
B/.0.004983
500 MBD
B/.0.02492
1000 MBD
B/.0.04983
PAB to MBD
Amount13:52 today
0.5PAB10,033.67 MBD
1PAB20,067.34 MBD
5PAB100,336.69 MBD
10PAB200,673.37 MBD
50PAB1,003,366.86 MBD
100PAB2,006,733.72 MBD
500PAB10,033,668.58 MBD
1000PAB20,067,337.15 MBD
Today vs. 24 hours ago
| Amount | 13:52 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MBD | $0.{4}2492 | $0.{4}2706 | -7.92% |
| 1 MBD | $0.{4}4983 | $0.{4}5412 | -7.92% |
| 5 MBD | $0.0002492 | $0.0002706 | -7.92% |
| 10 MBD | $0.0004983 | $0.0005412 | -7.92% |
| 50 MBD | $0.002492 | $0.002706 | -7.92% |
| 100 MBD | $0.004983 | $0.005412 | -7.92% |
| 500 MBD | $0.02492 | $0.02706 | -7.92% |
| 1000 MBD | $0.04983 | $0.05412 | -7.92% |
Today vs. 1 month ago
| Amount | 13:52 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MBD | $0.{4}2492 | $0.{4}2792 | -10.75% |
| 1 MBD | $0.{4}4983 | $0.{4}5584 | -10.75% |
| 5 MBD | $0.0002492 | $0.0002792 | -10.75% |
| 10 MBD | $0.0004983 | $0.0005584 | -10.75% |
| 50 MBD | $0.002492 | $0.002792 | -10.75% |
| 100 MBD | $0.004983 | $0.005584 | -10.75% |
| 500 MBD | $0.02492 | $0.02792 | -10.75% |
| 1000 MBD | $0.04983 | $0.05584 | -10.75% |
Today vs. 1 year ago
| Amount | 13:52 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MBD | $0.{4}2492 | $0.{4}1286 | +93.68% |
| 1 MBD | $0.{4}4983 | $0.{4}2573 | +93.68% |
| 5 MBD | $0.0002492 | $0.0001286 | +93.68% |
| 10 MBD | $0.0004983 | $0.0002573 | +93.68% |
| 50 MBD | $0.002492 | $0.001286 | +93.68% |
| 100 MBD | $0.004983 | $0.002573 | +93.68% |
| 500 MBD | $0.02492 | $0.01286 | +93.68% |
| 1000 MBD | $0.04983 | $0.02573 | +93.68% |
MBD Financials price prediction
What will the price of MBD be in 2025?
Based on MBD's historical price performance prediction model, the price of MBD is projected to reach $0.{4}7498 in 2025.
What will the price of MBD be in 2030?
In 2030, the MBD price is expected to change by -12.00%. By the end of 2030, the MBD price is projected to reach $0.0001175, with a cumulative ROI of +129.16%.
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Popular MBD Financials conversions
Check out these popular currency conversions of MBD Financials to several fiat currencies.
MBD Financials to USD
1 MBD to $ 0.{4}4983 USD
MBD Financials to GBP
1 MBD to £ 0.{4}3977 GBP
MBD Financials to EUR
1 MBD to € 0.{4}4783 EUR
MBD Financials to KRW
1 MBD to ₩ 0.06999 KRW
MBD Financials to CAD
1 MBD to $ 0.{4}6992 CAD
MBD Financials to AUD
1 MBD to $ 0.{4}7663 AUD
MBD Financials to JPY
1 MBD to ¥ 0.007713 JPY
MBD Financials to BRL
1 MBD to R$ 0.0002891 BRL
MBD Financials to CNY
1 MBD to ¥ 0.0003614 CNY
MBD Financials to TWD
1 MBD to NT$ 0.001624 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in MBD Financials.
Bitcoin to PAB
1 BTC to B/. 97,314.31 PAB
MAD to PAB
1 MAD to B/. 0.{4}3565 PAB
XRP to PAB
1 XRP to B/. 1.37 PAB
Stellar to PAB
1 XLM to B/. 0.5248 PAB
Kusama to PAB
1 KSM to B/. 39.82 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4174 PAB
Hedera to PAB
1 HBAR to B/. 0.1442 PAB
Cardano to PAB
1 ADA to B/. 1 PAB
Polkadot to PAB
1 DOT to B/. 8.5 PAB
Solana to PAB
1 SOL to B/. 247.44 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 MBD Financials 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 MBD Financials 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 MBD Financials 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.
