POLA
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 Polaris Share(POLA) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 POLA at a value of 1 POLA for 0.02 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 Polaris Share currency pair is the POLA to PAB, with for Polaris Share's currency code being POLA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
POLA to PAB conversion rate trend
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In the past 1D, Polaris Share has changed -0.39% to PAB. Based on the trend and price charts, Polaris Share(POLA) has changed -0.39% to PAB while Panamanian Balboa(PAB) has changed % to POLA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.02134 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 08:30:44(UTC+0)
How to buy Polaris Share
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Polaris Share (POLA)
Use a variety of payment options to buy Polaris Share on Bitget. We'll show you how.
Buy POLA (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of POLA with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy POLA 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 POLA (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of POLA to PAB. However, you can first exchange POLA 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 Polaris Share to Panamanian Balboa?
Polaris Share to Panamanian Balboa is rising this week.Polaris Share's current market price is B/. 0.02154 per POLA, with a total market cap of B/. 10,493,593.12 PAB based on a circulating supply of 487,180,740 POLA. The trading volume of Polaris Share has changed by +178.29% (B/. 989,611.17 PAB) in the last 24 hours. Last trading day, POLA's trading volume was B/. 555,071.34.
Market cap
$10.49M
24h volume
$1.54M
Circulating supply
487.18M POLA
Conversion tables
The exchange rate of Polaris Share is decreasing.1 POLA is currently valued at B/. 0.02154 PAB , which means buying 5 POLA will cost B/. 0.1077 PAB . Similarly, B/.1 PAB can be traded for 46.43 POLA, and B/.50 PAB can be converted to 2,321.32 POLA, excluding any platform or gas fees.
The exchange rate of 1 POLA to Panamanian Balboa has changed by +5.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.39%, reaching a high of 0.02317 PAB and a low of 0.02061 PAB . One month ago, the value of 1 POLA was B/. 0.02233 PAB , which represents a -3.54% change from its current value. Over the last year, Polaris Share has changed by , resulting in a change of +57.80% in its value.
+B/.
0.007891PABPOLA to PAB
Amount
08:59 am today
0.5 POLA
B/.0.01077
1 POLA
B/.0.02154
5 POLA
B/.0.1077
10 POLA
B/.0.2154
50 POLA
B/.1.08
100 POLA
B/.2.15
500 POLA
B/.10.77
1000 POLA
B/.21.54
PAB to POLA
Amount08:59 am today
0.5PAB23.21 POLA
1PAB46.43 POLA
5PAB232.13 POLA
10PAB464.26 POLA
50PAB2,321.32 POLA
100PAB4,642.65 POLA
500PAB23,213.25 POLA
1000PAB46,426.49 POLA
Today vs. 24 hours ago
| Amount | 08:59 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 POLA | $0.01077 | $0.01081 | -0.39% |
| 1 POLA | $0.02154 | $0.02162 | -0.39% |
| 5 POLA | $0.1077 | $0.1081 | -0.39% |
| 10 POLA | $0.2154 | $0.2162 | -0.39% |
| 50 POLA | $1.08 | $1.08 | -0.39% |
| 100 POLA | $2.15 | $2.16 | -0.39% |
| 500 POLA | $10.77 | $10.81 | -0.39% |
| 1000 POLA | $21.54 | $21.62 | -0.39% |
Today vs. 1 month ago
| Amount | 08:59 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 POLA | $0.01077 | $0.01116 | -3.54% |
| 1 POLA | $0.02154 | $0.02233 | -3.54% |
| 5 POLA | $0.1077 | $0.1116 | -3.54% |
| 10 POLA | $0.2154 | $0.2233 | -3.54% |
| 50 POLA | $1.08 | $1.12 | -3.54% |
| 100 POLA | $2.15 | $2.23 | -3.54% |
| 500 POLA | $10.77 | $11.16 | -3.54% |
| 1000 POLA | $21.54 | $22.33 | -3.54% |
Today vs. 1 year ago
| Amount | 08:59 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 POLA | $0.01077 | $0.006824 | +57.80% |
| 1 POLA | $0.02154 | $0.01365 | +57.80% |
| 5 POLA | $0.1077 | $0.06824 | +57.80% |
| 10 POLA | $0.2154 | $0.1365 | +57.80% |
| 50 POLA | $1.08 | $0.6824 | +57.80% |
| 100 POLA | $2.15 | $1.36 | +57.80% |
| 500 POLA | $10.77 | $6.82 | +57.80% |
| 1000 POLA | $21.54 | $13.65 | +57.80% |
Polaris Share price prediction
What will the price of POLA be in 2025?
Based on POLA's historical price performance prediction model, the price of POLA is projected to reach $0.02433 in 2025.
What will the price of POLA be in 2030?
In 2030, the POLA price is expected to change by -6.00%. By the end of 2030, the POLA price is projected to reach $0.02759, with a cumulative ROI of +31.15%.
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Popular Polaris Share conversions
Check out these popular currency conversions of Polaris Share to several fiat currencies.
Polaris Share to USD
1 POLA to $ 0.02154 USD
Polaris Share to GBP
1 POLA to £ 0.01710 GBP
Polaris Share to EUR
1 POLA to € 0.02056 EUR
Polaris Share to KRW
1 POLA to ₩ 30.19 KRW
Polaris Share to CAD
1 POLA to $ 0.03005 CAD
Polaris Share to AUD
1 POLA to $ 0.03305 AUD
Polaris Share to JPY
1 POLA to ¥ 3.32 JPY
Polaris Share to BRL
1 POLA to R$ 0.1253 BRL
Polaris Share to CNY
1 POLA to ¥ 0.1561 CNY
Polaris Share to TWD
1 POLA to NT$ 0.6987 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Polaris Share.
Bitcoin to PAB
1 BTC to B/. 98,313.78 PAB
MAD to PAB
1 MAD to B/. 0.{4}4365 PAB
Stellar to PAB
1 XLM to B/. 0.5391 PAB
EGO to PAB
1 EGO to B/. 0.02068 PAB
Cardano to PAB
1 ADA to B/. 1.06 PAB
Puffer to PAB
1 PUFFER to B/. -- PAB
XRP to PAB
1 XRP to B/. 1.51 PAB
Just a chill guy to PAB
1 CHILLGUY to B/. 0.4537 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4318 PAB
The Sandbox to PAB
1 SAND to B/. 0.7513 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 Polaris Share 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 Polaris Share 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 Polaris Share 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.
