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$INR to PAB Converter and calculator

$INR/PAB: 1 $INR = 0.006748 PAB. The price of converting 1 Inery ($INR) to Panamanian Balboa (PAB) is 0.006748 PAB today.
$INR
$INR
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides $INR to PAB real-time exchange rates, making it easy to convert Inery ($INR) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 $INR is currently valued at 0.006748 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 $INR is currently valued at 0.006748 PAB, which means buying 5 $INR would cost 0.03374 PAB. Similarly, B/.1 PAB can be converted to 148.19 $INR, and B/.50 PAB can be converted to 740.93 $INR, excluding any platform or gas fees.

Convert $INR to PAB

Convert PAB to $INR

Inery
Panamanian Balboa
10000 $INR
67.48  PAB
In the table above, you'll find a comprehensive $INR to PAB converter that shows the value of Inery in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 $INR to PAB, all the way up to 10000 $INR, providing a clear view of their respective values.
Panamanian Balboa
Inery
1000 PAB
148,185.86 $INR
2000 PAB
296,371.73 $INR
5000 PAB
740,929.32 $INR
10000 PAB
1,481,858.64 $INR
50000 PAB
7,409,293.21 $INR
100000 PAB
14,818,586.42 $INR
In the table above, you'll find a comprehensive PAB to $INR converter that shows the value of Panamanian Balboa in Inery across commonly used conversion amounts. The list covers conversions from 1 PAB to $INR, all the way up to 100000 PAB, providing a clear view of their respective values.

$INR to PAB chart

$INR/PAB: 1 $INR = 0.006748 PAB; 2025/06/21 05:07:32
In the past 1D, Inery has changed -2.95% to PAB. Based on the trend and price charts, Inery($INR) has changed -2.95% to PAB while Panamanian Balboa(PAB) has changed % to $INR in the last 24 hours.
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$INR to PAB conversion data: Volatility and price changes of Inery in PAB

The highest Inery price in PAB over the past 7 days was 0.006912 PAB while the lowest Inery price in PAB over the past 7 days was 0.006593 PAB. The relative change between the highs and lows in Inery price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and $INR to PAB prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.006843 PAB
0.006912 PAB
0.007443 PAB
0.009009 PAB
Low
0.006593 PAB
0.006593 PAB
0.006593 PAB
0.006578 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-2.95%
-0.24%
-8.70%
-9.92%

Inery information

$INR to PAB market statistics

$INR/PAB:
B/.0.006748
$INR 24h volume:
--
$INR market cap:
--
$INR circulating supply:
0 $INR

Current $INR to PAB exchange rate

Inery to Panamanian Balboa is falling this week.
Inery's current market price is B/.0.006748 per $INR, with a total market cap of B/.0 PAB based on a circulating supply of -- $INR. The trading volume of Inery has changed by 0.00% (B/.0 PAB) in the last 24 hours. Last trading day, $INR's trading volume was B/.0.

More info about Inery 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 Inery currency pair is the $INR to PAB, with for Inery's currency code being $INR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert $INR to PAB

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$INR to PAB Conversion tables

The exchange rate of Inery is decreasing.
The exchange rate of 1 $INR to Panamanian Balboa has changed by -0.24% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.95%, reaching a high of 0.006843 PAB and a low of 0.006593 PAB . One month ago, the value of 1 $INR was B/.0.007381 PAB , which represents a -8.70% change from its current value. Over the last year, Inery has changed by
-B/.
0.001662PAB
, resulting in a change of -20.01% in its value.
24 hours ago1 month ago1 year ago
Amount 05:07 am today 24 hours ago 24h change
0.5 $INR
B/.0.003374B/.0.003475
-2.95%
1 $INR
B/.0.006748B/.0.006950
-2.95%
5 $INR
B/.0.03374B/.0.03475
-2.95%
10 $INR
B/.0.06748B/.0.06950
-2.95%
50 $INR
B/.0.3374B/.0.3475
-2.95%
100 $INR
B/.0.6748B/.0.6950
-2.95%
500 $INR
B/.3.37B/.3.48
-2.95%
1000 $INR
B/.6.75B/.6.95
-2.95%

$INR to PAB FAQ

How much is 1 Inery in PAB?
Right now, the price of 1 Inery ($INR) in Panamanian Balboa (PAB) is B/.0.006748.
How much $INR can I buy for 1 PAB?
Based on the current exchange rate, you can get 148.19 $INR for 1 PAB.
How do I calculate or convert $INR to PAB?
You can use our $INR to PAB calculator at the top of this page to convert any amount of $INR to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 740.93 $INR, while 5 $INR will cost around 0.03374PAB.
What is the highest price of $INR/PAB in history?
The all-time high price of 1 $INR in PAB is B/.0.6901. It remains to be seen if the value of 1 $INR/PAB will exceed the current all-time high.
What is the price trend of Inery in PAB?
Over the past 7 days, the exchange rate of Inery ($INR) has gone down by 0.24%.   Over the last month, the exchange rate of Inery ($INR) has gone down by 8.70% against Panamanian Balboa (PAB).

What factors influence the conversion rate of $INR to PAB?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Inery currency pairs: $INR to US Dollar (USD), $INR to Euro (EUR), $INR to Pound Sterling (GBP), $INR to Canadian Dollar (CAD), $INR to Indian Rupee (INR), $INR to Pakistani Rupee (PKR), $INR to Brazilian Real (BRL), $INR to…
The price of Inery in the US is $0.006748 USD. Additionally, Inery’s price is €0.005855 EUR in the eurozone, £0.005015 GBP in the UK, C$0.009267 CAD in Canada, ₹0.5844 INR in India, ₨1.92 PKR in Pakistan, R$0.03720 BRL in Brazil, and more.
The most popular Inery currency pair is the $INR to Panamanian Balboa(PAB). The price of 1 Inery ($INR) in Panamanian Balboa (PAB) is B/.0.006748.

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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.