QRL
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 Quantum Resistant Ledger(QRL) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 QRL at a value of 1 QRL for 0.74 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 Quantum Resistant Ledger currency pair is the QRL to PAB, with for Quantum Resistant Ledger's currency code being QRL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
QRL to PAB conversion rate trend
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In the past 1D, Quantum Resistant Ledger has changed -11.13% to PAB. Based on the trend and price charts, Quantum Resistant Ledger(QRL) has changed -11.13% to PAB while Panamanian Balboa(PAB) has changed % to QRL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.8252 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/25 00:30:23(UTC+0)
How to buy Quantum Resistant Ledger
Create Your Free Bitget Account
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Buy Quantum Resistant Ledger (QRL)
Use a variety of payment options to buy Quantum Resistant Ledger on Bitget. We'll show you how.
Buy QRL (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of QRL with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy QRL with USDT via Bitget spot market.
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Sell QRL (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of QRL to PAB. However, you can first exchange QRL 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 Quantum Resistant Ledger to Panamanian Balboa?
Quantum Resistant Ledger to Panamanian Balboa is falling this week.Quantum Resistant Ledger's current market price is B/. 0.7400 per QRL, with a total market cap of B/. 50,274,626.47 PAB based on a circulating supply of 67,937,170 QRL. The trading volume of Quantum Resistant Ledger has changed by +21.79% (B/. 34,918.3 PAB) in the last 24 hours. Last trading day, QRL's trading volume was B/. 160,245.52.
Market cap
$50.27M
24h volume
$195.16K
Circulating supply
67.94M QRL
Conversion tables
The exchange rate of Quantum Resistant Ledger is increasing.1 QRL is currently valued at B/. 0.7400 PAB , which means buying 5 QRL will cost B/. 3.7 PAB . Similarly, B/.1 PAB can be traded for 1.35 QRL, and B/.50 PAB can be converted to 67.57 QRL, excluding any platform or gas fees.
The exchange rate of 1 QRL to Panamanian Balboa has changed by -9.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by -11.13%, reaching a high of 0.8747 PAB and a low of 0.7289 PAB . One month ago, the value of 1 QRL was B/. 0.3746 PAB , which represents a +96.67% change from its current value. Over the last year, Quantum Resistant Ledger has changed by , resulting in a change of +368.92% in its value.
+B/.
0.5849PABQRL to PAB
Amount
08:16 am today
0.5 QRL
B/.0.3700
1 QRL
B/.0.7400
5 QRL
B/.3.7
10 QRL
B/.7.4
50 QRL
B/.37
100 QRL
B/.74
500 QRL
B/.370.01
1000 QRL
B/.740.02
PAB to QRL
Amount08:16 am today
0.5PAB0.6757 QRL
1PAB1.35 QRL
5PAB6.76 QRL
10PAB13.51 QRL
50PAB67.57 QRL
100PAB135.13 QRL
500PAB675.66 QRL
1000PAB1,351.32 QRL
Today vs. 24 hours ago
| Amount | 08:16 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 QRL | $0.3700 | $0.4166 | -11.13% |
| 1 QRL | $0.7400 | $0.8331 | -11.13% |
| 5 QRL | $3.7 | $4.17 | -11.13% |
| 10 QRL | $7.4 | $8.33 | -11.13% |
| 50 QRL | $37 | $41.66 | -11.13% |
| 100 QRL | $74 | $83.31 | -11.13% |
| 500 QRL | $370.01 | $416.57 | -11.13% |
| 1000 QRL | $740.02 | $833.14 | -11.13% |
Today vs. 1 month ago
| Amount | 08:16 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 QRL | $0.3700 | $0.1873 | +96.67% |
| 1 QRL | $0.7400 | $0.3746 | +96.67% |
| 5 QRL | $3.7 | $1.87 | +96.67% |
| 10 QRL | $7.4 | $3.75 | +96.67% |
| 50 QRL | $37 | $18.73 | +96.67% |
| 100 QRL | $74 | $37.46 | +96.67% |
| 500 QRL | $370.01 | $187.28 | +96.67% |
| 1000 QRL | $740.02 | $374.56 | +96.67% |
Today vs. 1 year ago
| Amount | 08:16 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 QRL | $0.3700 | $0.07754 | +368.92% |
| 1 QRL | $0.7400 | $0.1551 | +368.92% |
| 5 QRL | $3.7 | $0.7754 | +368.92% |
| 10 QRL | $7.4 | $1.55 | +368.92% |
| 50 QRL | $37 | $7.75 | +368.92% |
| 100 QRL | $74 | $15.51 | +368.92% |
| 500 QRL | $370.01 | $77.54 | +368.92% |
| 1000 QRL | $740.02 | $155.07 | +368.92% |
Quantum Resistant Ledger price prediction
What will the price of QRL be in 2025?
Based on QRL's historical price performance prediction model, the price of QRL is projected to reach $0.8323 in 2025.
What will the price of QRL be in 2030?
In 2030, the QRL price is expected to change by -12.00%. By the end of 2030, the QRL price is projected to reach $0.9524, with a cumulative ROI of +9.43%.
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Popular Quantum Resistant Ledger conversions
Check out these popular currency conversions of Quantum Resistant Ledger to several fiat currencies.
Quantum Resistant Ledger to USD
1 QRL to $ 0.7400 USD
Quantum Resistant Ledger to GBP
1 QRL to £ 0.5897 GBP
Quantum Resistant Ledger to EUR
1 QRL to € 0.7112 EUR
Quantum Resistant Ledger to KRW
1 QRL to ₩ 1,078.74 KRW
Quantum Resistant Ledger to CAD
1 QRL to $ 1.06 CAD
Quantum Resistant Ledger to AUD
1 QRL to $ 1.19 AUD
Quantum Resistant Ledger to JPY
1 QRL to ¥ 116.4 JPY
Quantum Resistant Ledger to BRL
1 QRL to R$ 4.69 BRL
Quantum Resistant Ledger to CNY
1 QRL to ¥ 5.4 CNY
Quantum Resistant Ledger to TWD
1 QRL to NT$ 24.2 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Quantum Resistant Ledger.
Fartcoin to PAB
1 FARTCOIN to B/. 1.17 PAB
Turbo to PAB
1 TURBO to B/. 0.01091 PAB
Stellar to PAB
1 XLM to B/. 0.3855 PAB
Movement to PAB
1 MOVE to B/. 1.06 PAB
Hedera to PAB
1 HBAR to B/. 0.3067 PAB
CoW Protocol to PAB
1 COW to B/. 1.12 PAB
JasmyCoin to PAB
1 JASMY to B/. 0.03852 PAB
Adventure Gold to PAB
1 AGLD to B/. 2.26 PAB
Stargate Finance to PAB
1 STG to B/. 0.3693 PAB
Basic Attention Token to PAB
1 BAT to B/. 0.2800 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 Quantum Resistant Ledger 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 Quantum Resistant Ledger 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 Quantum Resistant Ledger 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.
