1FLR to PAB Converter and calculator


Conversion rates
Convert 1FLR to PAB
Convert PAB to 1FLR
1FLR to PAB chart
1FLR to PAB conversion data: Volatility and price changes of Flare Token in PAB
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{5}3145 PAB | 0.{5}3436 PAB | 0.{5}5997 PAB | 0.{4}1436 PAB |
Low | 0.{5}3087 PAB | 0.{5}3051 PAB | 0.{5}2887 PAB | 0.{6}9830 PAB |
Average | 0 PAB | 0 PAB | 0 PAB | 0 PAB |
Volatility | % | % | % | % |
Change | -1.84% | -8.58% | -17.62% | -0.81% |
Flare Token information
1FLR to PAB market statistics
Current 1FLR to PAB exchange rate
Flare Token to Panamanian Balboa is falling this week.More info about Flare Token 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.
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How to convert 1FLR to PAB



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1FLR to PAB Conversion tables
Amount | 22:37 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 1FLR | B/.0.{5}1543 | B/.0.{5}1572 | -1.84% |
1 1FLR | B/.0.{5}3087 | B/.0.{5}3145 | -1.84% |
5 1FLR | B/.0.{4}1543 | B/.0.{4}1572 | -1.84% |
10 1FLR | B/.0.{4}3087 | B/.0.{4}3145 | -1.84% |
50 1FLR | B/.0.0001543 | B/.0.0001572 | -1.84% |
100 1FLR | B/.0.0003087 | B/.0.0003145 | -1.84% |
500 1FLR | B/.0.001543 | B/.0.001572 | -1.84% |
1000 1FLR | B/.0.003087 | B/.0.003145 | -1.84% |
1FLR to PAB FAQ
What factors influence the conversion rate of 1FLR to PAB?
Popular exchange rates — Crypto-to-Fiat converter
The price of Flare Token in the US is $0.{5}3087 USD. Additionally, Flare Token’s price is €0.{5}2678 EUR in the eurozone, £0.{5}2294 GBP in the UK, C$0.{5}4238 CAD in Canada, ₹0.0002673 INR in India, ₨0.0008764 PKR in Pakistan, R$0.{4}1702 BRL in Brazil, and more.
The most popular Flare Token currency pair is the 1FLR to Panamanian Balboa(PAB). The price of 1 Flare Token (1FLR) in Panamanian Balboa (PAB) is B/.0.{5}3087.
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