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SNM to PAB Converter and calculator

SNM/PAB: 1 SNM = 0.0009598 PAB. The price of converting 1 SONM (BEP-20) (SNM) to Panamanian Balboa (PAB) is 0.0009598 PAB today.
SNM
SNM
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SNM to PAB real-time exchange rates, making it easy to convert SONM (BEP-20) (SNM) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 SNM is currently valued at 0.00 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SNM is currently valued at 0.00 PAB, which means buying 5 SNM would cost 0.00 PAB. Similarly, B/.1 PAB can be converted to 1,041.84 SNM, and B/.50 PAB can be converted to 5,209.18 SNM, excluding any platform or gas fees.

Convert SNM to PAB

Convert PAB to SNM

SONM (BEP-20)
Panamanian Balboa
In the table above, you'll find a comprehensive SNM to PAB converter that shows the value of SONM (BEP-20) in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 SNM to PAB, all the way up to 10000 SNM, providing a clear view of their respective values.
Panamanian Balboa
SONM (BEP-20)
1000 PAB
1,041,835.42 SNM
2000 PAB
2,083,670.84 SNM
5000 PAB
5,209,177.11 SNM
10000 PAB
10,418,354.22 SNM
50000 PAB
52,091,771.12 SNM
100000 PAB
104,183,542.23 SNM
In the table above, you'll find a comprehensive PAB to SNM converter that shows the value of Panamanian Balboa in SONM (BEP-20) across commonly used conversion amounts. The list covers conversions from 1 PAB to SNM, all the way up to 100000 PAB, providing a clear view of their respective values.

SNM to PAB chart

SNM/PAB: 1 SNM = 0.0009598 PAB; 2025/05/11 21:53:08
In the past 1D, SONM (BEP-20) has changed +4.80% to PAB. Based on the trend and price charts, SONM (BEP-20)(SNM) has changed +4.80% to PAB while Panamanian Balboa(PAB) has changed % to SNM in the last 24 hours.
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SNM to PAB conversion data: Volatility and price changes of SONM (BEP-20) in PAB

The highest SONM (BEP-20) price in PAB over the past 7 days was 0.001177 PAB while the lowest SONM (BEP-20) price in PAB over the past 7 days was 0.0007545 PAB. The relative change between the highs and lows in SONM (BEP-20) price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and SNM 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
0.0009604 PAB
0.001177 PAB
0.001177 PAB
0.001298 PAB
Low
0.0008987 PAB
0.0007545 PAB
0.0007545 PAB
0.{4}8090 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
+4.80%
-2.09%
-4.66%
-0.81%

SONM (BEP-20) information

SNM to PAB market statistics

SNM/PAB:
B/.0.0009598
SNM 24h volume:
B/.15,467.74
SNM market cap:
B/.318,968.08
SNM circulating supply:
332.31M SNM

Current SNM to PAB exchange rate

SONM (BEP-20) to Panamanian Balboa is falling this week.
SONM (BEP-20)'s current market price is B/.0.0009598 per SNM, with a total market cap of B/.318,968.08 PAB based on a circulating supply of 332,312,220 SNM. The trading volume of SONM (BEP-20) has changed by +24.18% (B/.3,012.34 PAB) in the last 24 hours. Last trading day, SNM's trading volume was B/.12,455.4.

More info about SONM (BEP-20) 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 SONM (BEP-20) currency pair is the SNM to PAB, with for SONM (BEP-20)'s currency code being SNM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert SNM to PAB

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SNM to PAB Conversion tables

The exchange rate of SONM (BEP-20) is decreasing.
The exchange rate of 1 SNM to Panamanian Balboa has changed by -2.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.80%, reaching a high of 0.0009604 PAB and a low of 0.0008987 PAB . One month ago, the value of 1 SNM was B/.0.001007 PAB , which represents a -4.66% change from its current value. Over the last year, SONM (BEP-20) has changed by
-B/.
0.001190PAB
, resulting in a change of -55.36% in its value.
24 hours ago1 month ago1 year ago
Amount21:53 today24 hours ago24h change
0.5 SNMB/.0.0004799B/.0.0004579
+4.80%
1 SNMB/.0.0009598B/.0.0009159
+4.80%
5 SNMB/.0.004799B/.0.004579
+4.80%
10 SNMB/.0.009598B/.0.009159
+4.80%
50 SNMB/.0.04799B/.0.04579
+4.80%
100 SNMB/.0.09598B/.0.09159
+4.80%
500 SNMB/.0.4799B/.0.4579
+4.80%
1000 SNMB/.0.9598B/.0.9159
+4.80%

SNM to PAB FAQ

How much is 1 SONM (BEP-20) in PAB?
Right now, the price of 1 SONM (BEP-20) (SNM) in Panamanian Balboa (PAB) is B/.0.0009598.
How much SNM can I buy for 1 PAB?
Based on the current exchange rate, you can get 1,041.84 SNM for 1 PAB.
How do I calculate or convert SNM to PAB?
You can use our SNM to PAB calculator at the top of this page to convert any amount of SNM to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 5,209.18 SNM, while 5 SNM will cost around 0.004799PAB.
What is the highest price of SNM/PAB in history?
The all-time high price of 1 SNM in PAB is B/.13.54. It remains to be seen if the value of 1 SNM/PAB will exceed the current all-time high.
What is the price trend of SONM (BEP-20) in PAB?
Over the past 7 days, the exchange rate of SONM (BEP-20) (SNM) has gone down by 2.09%.   Over the last month, the exchange rate of SONM (BEP-20) (SNM) has gone down by 4.66% against Panamanian Balboa (PAB).

What factors influence the conversion rate of SNM to PAB?

There are many factors that affect the relationship between SONM (BEP-20) 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 SNM/PAB. When there is positive news in the market about the widespread adoption of SNM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SNM/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SNM/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 SNM/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 SONM (BEP-20) and adjust their investment strategies accordingly in the evolving market.

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