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LUCE
PAB
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of LUCE(LUCE) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 LUCE at a value of 1 LUCE for 0.16 PAB . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
PAB 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 LUCE currency pair is the LUCE to PAB, with for LUCE's currency code being LUCE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
LUCE to PAB conversion rate trend
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In the past 1D, LUCE has changed -6.09% to PAB. Based on the trend and price charts, LUCE(LUCE) has changed -6.09% to PAB while Panamanian Balboa(PAB) has changed % to LUCE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.1669 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | B/.0.1679 | 0.1000% / 0.1000% | Yes |
KuCoin | B/.0.1675 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 16:00:20(UTC+0)
How to buy LUCE
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Buy LUCE (LUCE)
Use a variety of payment options to buy LUCE on Bitget. We'll show you how.
Learn MoreBuy LUCE (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of LUCE with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy LUCE with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell LUCE (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of LUCE to PAB. However, you can first exchange LUCE for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of LUCE to Panamanian Balboa?
LUCE to Panamanian Balboa is falling this week.LUCE's current market price is B/. 0.1625 per LUCE, with a total market cap of B/. 162,534,345.91 PAB based on a circulating supply of 1,000,000,000 LUCE. The trading volume of LUCE has changed by -3.46% (B/. -3,063,334.08 PAB) in the last 24 hours. Last trading day, LUCE's trading volume was B/. 88,492,188.21.
Market cap
$162.53M
24h volume
$85.43M
Circulating supply
1.00B LUCE
Conversion tables
The exchange rate of LUCE is increasing.1 LUCE is currently valued at B/. 0.1625 PAB , which means buying 5 LUCE will cost B/. 0.8127 PAB . Similarly, B/.1 PAB can be traded for 6.15 LUCE, and B/.50 PAB can be converted to 307.63 LUCE, excluding any platform or gas fees.
The exchange rate of 1 LUCE to Panamanian Balboa has changed by -38.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.09%, reaching a high of 0.1990 PAB and a low of 0.1511 PAB . One month ago, the value of 1 LUCE was B/. 0.0009671 PAB , which represents a +248.20% change from its current value. Over the last year, LUCE has changed by , resulting in a change of +264.26% in its value.
+B/.
0.1616PABLUCE to PAB
Amount
16:41 today
0.5 LUCE
B/.0.08127
1 LUCE
B/.0.1625
5 LUCE
B/.0.8127
10 LUCE
B/.1.63
50 LUCE
B/.8.13
100 LUCE
B/.16.25
500 LUCE
B/.81.27
1000 LUCE
B/.162.53
PAB to LUCE
Amount16:41 today
0.5PAB3.08 LUCE
1PAB6.15 LUCE
5PAB30.76 LUCE
10PAB61.53 LUCE
50PAB307.63 LUCE
100PAB615.25 LUCE
500PAB3,076.27 LUCE
1000PAB6,152.55 LUCE
Today vs. 24 hours ago
| Amount | 16:41 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LUCE | $0.08127 | $0.08651 | -6.09% |
| 1 LUCE | $0.1625 | $0.1730 | -6.09% |
| 5 LUCE | $0.8127 | $0.8651 | -6.09% |
| 10 LUCE | $1.63 | $1.73 | -6.09% |
| 50 LUCE | $8.13 | $8.65 | -6.09% |
| 100 LUCE | $16.25 | $17.3 | -6.09% |
| 500 LUCE | $81.27 | $86.51 | -6.09% |
| 1000 LUCE | $162.53 | $173.01 | -6.09% |
Today vs. 1 month ago
| Amount | 16:41 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LUCE | $0.08127 | $0.0004835 | +248.20% |
| 1 LUCE | $0.1625 | $0.0009671 | +248.20% |
| 5 LUCE | $0.8127 | $0.004835 | +248.20% |
| 10 LUCE | $1.63 | $0.009671 | +248.20% |
| 50 LUCE | $8.13 | $0.04835 | +248.20% |
| 100 LUCE | $16.25 | $0.09671 | +248.20% |
| 500 LUCE | $81.27 | $0.4835 | +248.20% |
| 1000 LUCE | $162.53 | $0.9671 | +248.20% |
Today vs. 1 year ago
| Amount | 16:41 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LUCE | $0.08127 | $0.0004835 | +264.26% |
| 1 LUCE | $0.1625 | $0.0009671 | +264.26% |
| 5 LUCE | $0.8127 | $0.004835 | +264.26% |
| 10 LUCE | $1.63 | $0.009671 | +264.26% |
| 50 LUCE | $8.13 | $0.04835 | +264.26% |
| 100 LUCE | $16.25 | $0.09671 | +264.26% |
| 500 LUCE | $81.27 | $0.4835 | +264.26% |
| 1000 LUCE | $162.53 | $0.9671 | +264.26% |
LUCE price prediction
What will the price of LUCE be in 2025?
Based on LUCE's historical price performance prediction model, the price of LUCE is projected to reach $0.2390 in 2025.
What will the price of LUCE be in 2030?
In 2030, the LUCE price is expected to change by -13.00%. By the end of 2030, the LUCE price is projected to reach $0.4983, with a cumulative ROI of +84.28%.
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Popular LUCE conversions
Check out these popular currency conversions of LUCE to several fiat currencies.
LUCE to USD
1 LUCE to $ 0.1625 USD
LUCE to GBP
1 LUCE to £ 0.1288 GBP
LUCE to EUR
1 LUCE to € 0.1546 EUR
LUCE to KRW
1 LUCE to ₩ 227.42 KRW
LUCE to CAD
1 LUCE to $ 0.2268 CAD
LUCE to AUD
1 LUCE to $ 0.2495 AUD
LUCE to JPY
1 LUCE to ¥ 25.1 JPY
LUCE to BRL
1 LUCE to R$ 0.9446 BRL
LUCE to CNY
1 LUCE to ¥ 1.18 CNY
LUCE to TWD
1 LUCE to NT$ 5.29 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in LUCE.
MAD to PAB
1 MAD to B/. -- PAB
XRP to PAB
1 XRP to B/. 1.11 PAB
EGO to PAB
1 EGO to B/. 0.02311 PAB
Sharpe AI to PAB
1 SAI to B/. 0.03301 PAB
Solana to PAB
1 SOL to B/. 249.84 PAB
Bitcoin to PAB
1 BTC to B/. 97,072.93 PAB
Dogecoin to PAB
1 DOGE to B/. 0.3834 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}2094 PAB
Peanut the Squirrel to PAB
1 PNUT to B/. 1.38 PAB
Sui to PAB
1 SUI to B/. 3.56 PAB
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between LUCE and PAB.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as LUCE and PAB. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of LUCE in PAB, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
