WATER to PAB Converter and calculator


Conversion rates
Convert WATER to PAB
Convert PAB to WATER
WATER to PAB chart
WATER to PAB conversion data: Volatility and price changes of Waterfall in PAB
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0002721 PAB | 0.0008963 PAB | 0.0008963 PAB | 0.0008963 PAB |
Low | 0.0001500 PAB | 0.0001091 PAB | 0.{4}8997 PAB | 0.{4}8997 PAB |
Average | 0 PAB | 0 PAB | 0 PAB | 0 PAB |
Volatility | % | % | % | % |
Change | -1.83% | +9.78% | -8.38% | -47.29% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Waterfall information
WATER to PAB market statistics
Current WATER to PAB exchange rate
Waterfall to Panamanian Balboa is rising this week.More info about Waterfall 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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WATER to PAB Conversion tables
Amount | 20:02 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 WATER | B/.0.{4}7531 | B/.0.{4}7672 | -1.83% |
1 WATER | B/.0.0001506 | B/.0.0001534 | -1.83% |
5 WATER | B/.0.0007531 | B/.0.0007672 | -1.83% |
10 WATER | B/.0.001506 | B/.0.001534 | -1.83% |
50 WATER | B/.0.007531 | B/.0.007672 | -1.83% |
100 WATER | B/.0.01506 | B/.0.01534 | -1.83% |
500 WATER | B/.0.07531 | B/.0.07672 | -1.83% |
1000 WATER | B/.0.1506 | B/.0.1534 | -1.83% |
WATER to PAB FAQ
What factors influence the conversion rate of WATER to PAB?
Popular exchange rates — Crypto-to-Fiat converter
The price of Waterfall in the US is $0.0001506 USD. Additionally, Waterfall’s price is €0.0001294 EUR in the eurozone, £0.0001113 GBP in the UK, C$0.0002081 CAD in Canada, ₹0.01320 INR in India, ₨0.04251 PKR in Pakistan, R$0.0008150 BRL in Brazil, and more.
The most popular Waterfall currency pair is the WATER to Panamanian Balboa(PAB). The price of 1 Waterfall (WATER) in Panamanian Balboa (PAB) is B/.0.0001506.
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