SOLO
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 Sologenic(SOLO) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 SOLO at a value of 1 SOLO for 0.43 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 Sologenic currency pair is the SOLO to PAB, with for Sologenic's currency code being SOLO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
SOLO to PAB conversion rate trend
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In the past 1D, Sologenic has changed -3.36% to PAB. Based on the trend and price charts, Sologenic(SOLO) has changed -3.36% to PAB while Panamanian Balboa(PAB) has changed % to SOLO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.4139 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | B/.0.4155 | 0.1000% / 0.1000% | Yes |
Gate.io | B/.0.4162 | 0.1000% / 0.1000% | Yes |
Bybit | B/.0.4149 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:18(UTC+0)
How to buy Sologenic
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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Sologenic (SOLO)
Use a variety of payment options to buy Sologenic on Bitget. We'll show you how.
Learn MoreBuy SOLO (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of SOLO with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy SOLO 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 SOLO (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of SOLO to PAB. However, you can first exchange SOLO 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 Sologenic to Panamanian Balboa?
Sologenic to Panamanian Balboa is falling this week.Sologenic's current market price is B/. 0.4252 per SOLO, with a total market cap of B/. 170,070,522.46 PAB based on a circulating supply of 399,947,700 SOLO. The trading volume of Sologenic has changed by -56.04% (B/. -2,039,571.74 PAB) in the last 24 hours. Last trading day, SOLO's trading volume was B/. 3,639,700.59.
Market cap
$170.07M
24h volume
$1.60M
Circulating supply
399.95M SOLO
Conversion tables
The exchange rate of Sologenic is decreasing.1 SOLO is currently valued at B/. 0.4252 PAB , which means buying 5 SOLO will cost B/. 2.13 PAB . Similarly, B/.1 PAB can be traded for 2.35 SOLO, and B/.50 PAB can be converted to 117.58 SOLO, excluding any platform or gas fees.
The exchange rate of 1 SOLO to Panamanian Balboa has changed by -8.74% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.36%, reaching a high of 0.4471 PAB and a low of 0.3991 PAB . One month ago, the value of 1 SOLO was B/. 0.5345 PAB , which represents a -20.44% change from its current value. Over the last year, Sologenic has changed by , resulting in a change of +152.13% in its value.
+B/.
0.2566PABSOLO to PAB
Amount
09:09 am today
0.5 SOLO
B/.0.2126
1 SOLO
B/.0.4252
5 SOLO
B/.2.13
10 SOLO
B/.4.25
50 SOLO
B/.21.26
100 SOLO
B/.42.52
500 SOLO
B/.212.62
1000 SOLO
B/.425.23
PAB to SOLO
Amount09:09 am today
0.5PAB1.18 SOLO
1PAB2.35 SOLO
5PAB11.76 SOLO
10PAB23.52 SOLO
50PAB117.58 SOLO
100PAB235.17 SOLO
500PAB1,175.83 SOLO
1000PAB2,351.66 SOLO
Today vs. 24 hours ago
| Amount | 09:09 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOLO | $0.2126 | $0.2200 | -3.36% |
| 1 SOLO | $0.4252 | $0.4400 | -3.36% |
| 5 SOLO | $2.13 | $2.2 | -3.36% |
| 10 SOLO | $4.25 | $4.4 | -3.36% |
| 50 SOLO | $21.26 | $22 | -3.36% |
| 100 SOLO | $42.52 | $44 | -3.36% |
| 500 SOLO | $212.62 | $220 | -3.36% |
| 1000 SOLO | $425.23 | $440 | -3.36% |
Today vs. 1 month ago
| Amount | 09:09 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOLO | $0.2126 | $0.2672 | -20.44% |
| 1 SOLO | $0.4252 | $0.5345 | -20.44% |
| 5 SOLO | $2.13 | $2.67 | -20.44% |
| 10 SOLO | $4.25 | $5.34 | -20.44% |
| 50 SOLO | $21.26 | $26.72 | -20.44% |
| 100 SOLO | $42.52 | $53.45 | -20.44% |
| 500 SOLO | $212.62 | $267.23 | -20.44% |
| 1000 SOLO | $425.23 | $534.47 | -20.44% |
Today vs. 1 year ago
| Amount | 09:09 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOLO | $0.2126 | $0.08433 | +152.13% |
| 1 SOLO | $0.4252 | $0.1687 | +152.13% |
| 5 SOLO | $2.13 | $0.8433 | +152.13% |
| 10 SOLO | $4.25 | $1.69 | +152.13% |
| 50 SOLO | $21.26 | $8.43 | +152.13% |
| 100 SOLO | $42.52 | $16.87 | +152.13% |
| 500 SOLO | $212.62 | $84.33 | +152.13% |
| 1000 SOLO | $425.23 | $168.65 | +152.13% |
Sologenic price prediction
What will the price of SOLO be in 2025?
Based on SOLO's historical price performance prediction model, the price of SOLO is projected to reach $0.6721 in 2025.
What will the price of SOLO be in 2030?
In 2030, the SOLO price is expected to change by +8.00%. By the end of 2030, the SOLO price is projected to reach $1.35, with a cumulative ROI of +223.59%.
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Popular Sologenic conversions
Check out these popular currency conversions of Sologenic to several fiat currencies.
Sologenic to USD
1 SOLO to $ 0.4252 USD
Sologenic to GBP
1 SOLO to £ 0.3384 GBP
Sologenic to EUR
1 SOLO to € 0.4077 EUR
Sologenic to KRW
1 SOLO to ₩ 615.06 KRW
Sologenic to CAD
1 SOLO to $ 0.6113 CAD
Sologenic to AUD
1 SOLO to $ 0.6801 AUD
Sologenic to JPY
1 SOLO to ¥ 66.53 JPY
Sologenic to BRL
1 SOLO to R$ 2.59 BRL
Sologenic to CNY
1 SOLO to ¥ 3.1 CNY
Sologenic to TWD
1 SOLO to NT$ 13.88 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Sologenic.
Adventure Gold to PAB
1 AGLD to B/. 1.76 PAB
Hive to PAB
1 HIVE to B/. 0.3471 PAB
IDEX to PAB
1 IDEX to B/. 0.06494 PAB
HEX (PulseChain) to PAB
1 HEX to B/. 0.01810 PAB
HEX to PAB
1 HEX to B/. 0.004017 PAB
Pulsechain to PAB
1 PLS to B/. 0.{4}5996 PAB
PulseX to PAB
1 PLSX to B/. 0.{4}3762 PAB
Shoggoth (shoggoth.monster) to PAB
1 SHOGGOTH to B/. 0.04976 PAB
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JUNO to PAB
1 JUNO to B/. 0.2780 PAB
Hunt Town to PAB
1 HUNT to B/. 0.3808 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 Sologenic 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 Sologenic 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 Sologenic 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.
