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PGX to PAB Converter and calculator

PGX/PAB: 1 PGX = 0.001564 PAB. The price of converting 1 Pegaxy (PGX) to Panamanian Balboa (PAB) is 0.001564 PAB today.
PGX
PGX
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PGX to PAB real-time exchange rates, making it easy to convert Pegaxy (PGX) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 PGX is currently valued at 0.001564 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PGX is currently valued at 0.001564 PAB, which means buying 5 PGX would cost 0.007820 PAB. Similarly, B/.1 PAB can be converted to 639.39 PGX, and B/.50 PAB can be converted to 3,196.96 PGX, excluding any platform or gas fees.

Convert PGX to PAB

Convert PAB to PGX

Pegaxy
Panamanian Balboa
In the table above, you'll find a comprehensive PGX to PAB converter that shows the value of Pegaxy in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 PGX to PAB, all the way up to 10000 PGX, providing a clear view of their respective values.
Panamanian Balboa
Pegaxy
1000 PAB
639,391.87 PGX
2000 PAB
1,278,783.74 PGX
5000 PAB
3,196,959.36 PGX
10000 PAB
6,393,918.72 PGX
50000 PAB
31,969,593.59 PGX
100000 PAB
63,939,187.18 PGX
In the table above, you'll find a comprehensive PAB to PGX converter that shows the value of Panamanian Balboa in Pegaxy across commonly used conversion amounts. The list covers conversions from 1 PAB to PGX, all the way up to 100000 PAB, providing a clear view of their respective values.

PGX to PAB chart

PGX/PAB: 1 PGX = 0.001564 PAB; 2025/06/21 02:46:00
In the past 1D, Pegaxy has changed -3.74% to PAB. Based on the trend and price charts, Pegaxy(PGX) has changed -3.74% to PAB while Panamanian Balboa(PAB) has changed % to PGX in the last 24 hours.
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PGX to PAB conversion data: Volatility and price changes of Pegaxy in PAB

The highest Pegaxy price in PAB over the past 7 days was 0.001708 PAB while the lowest Pegaxy price in PAB over the past 7 days was 0.001550 PAB. The relative change between the highs and lows in Pegaxy price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and PGX 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
0.001625 PAB
0.001708 PAB
0.003065 PAB
0.003065 PAB
Low
0.001550 PAB
0.001550 PAB
0.001512 PAB
0.001512 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-3.74%
-1.22%
-11.73%
-18.03%

Pegaxy information

PGX to PAB market statistics

PGX/PAB:
B/.0.001564
PGX 24h volume:
--
PGX market cap:
--
PGX circulating supply:
0 PGX

Current PGX to PAB exchange rate

Pegaxy to Panamanian Balboa is falling this week.
Pegaxy's current market price is B/.0.001564 per PGX, with a total market cap of B/.0 PAB based on a circulating supply of -- PGX. The trading volume of Pegaxy has changed by 0.00% (B/.0 PAB) in the last 24 hours. Last trading day, PGX's trading volume was B/.0.

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

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How to convert PGX to PAB

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PGX to PAB Conversion tables

The exchange rate of Pegaxy is decreasing.
The exchange rate of 1 PGX to Panamanian Balboa has changed by -1.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.74%, reaching a high of 0.001625 PAB and a low of 0.001550 PAB . One month ago, the value of 1 PGX was B/.0.001772 PAB , which represents a -11.73% change from its current value. Over the last year, Pegaxy has changed by
-B/.
0.005456PAB
, resulting in a change of -77.72% in its value.
24 hours ago1 month ago1 year ago
Amount 02:46 am today 24 hours ago 24h change
0.5 PGX
B/.0.0007820B/.0.0008124
-3.74%
1 PGX
B/.0.001564B/.0.001625
-3.74%
5 PGX
B/.0.007820B/.0.008124
-3.74%
10 PGX
B/.0.01564B/.0.01625
-3.74%
50 PGX
B/.0.07820B/.0.08124
-3.74%
100 PGX
B/.0.1564B/.0.1625
-3.74%
500 PGX
B/.0.7820B/.0.8124
-3.74%
1000 PGX
B/.1.56B/.1.62
-3.74%

PGX to PAB FAQ

How much is 1 Pegaxy in PAB?
Right now, the price of 1 Pegaxy (PGX) in Panamanian Balboa (PAB) is B/.0.001564.
How much PGX can I buy for 1 PAB?
Based on the current exchange rate, you can get 639.39 PGX for 1 PAB.
How do I calculate or convert PGX to PAB?
You can use our PGX to PAB calculator at the top of this page to convert any amount of PGX to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 3,196.96 PGX, while 5 PGX will cost around 0.007820PAB.
What is the highest price of PGX/PAB in history?
The all-time high price of 1 PGX in PAB is B/.2.38. It remains to be seen if the value of 1 PGX/PAB will exceed the current all-time high.
What is the price trend of Pegaxy in PAB?
Over the past 7 days, the exchange rate of Pegaxy (PGX) has gone down by 1.22%.   Over the last month, the exchange rate of Pegaxy (PGX) has gone down by 11.73% against Panamanian Balboa (PAB).

What factors influence the conversion rate of PGX to PAB?

There are many factors that affect the relationship between Pegaxy 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 PGX/PAB. When there is positive news in the market about the widespread adoption of PGX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PGX/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PGX/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 PGX/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 Pegaxy 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 Pegaxy currency pairs: PGX to US Dollar (USD), PGX to Euro (EUR), PGX to Pound Sterling (GBP), PGX to Canadian Dollar (CAD), PGX to Indian Rupee (INR), PGX to Pakistani Rupee (PKR), PGX to Brazilian Real (BRL), PGX to…
The price of Pegaxy in the US is $0.001564 USD. Additionally, Pegaxy’s price is €0.001357 EUR in the eurozone, £0.001162 GBP in the UK, C$0.002148 CAD in Canada, ₹0.1354 INR in India, ₨0.4440 PKR in Pakistan, R$0.008622 BRL in Brazil, and more.
The most popular Pegaxy currency pair is the PGX to Panamanian Balboa(PAB). The price of 1 Pegaxy (PGX) in Panamanian Balboa (PAB) is B/.0.001564.

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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.