TAPROOT
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 Taproot Exchange(TAPROOT) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 TAPROOT at a value of 1 TAPROOT for 0.00 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 Taproot Exchange currency pair is the TAPROOT to PAB, with for Taproot Exchange's currency code being TAPROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
TAPROOT to PAB conversion rate trend
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In the past 1D, Taproot Exchange has changed +9.81% to PAB. Based on the trend and price charts, Taproot Exchange(TAPROOT) has changed +9.81% to PAB while Panamanian Balboa(PAB) has changed % to TAPROOT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.0005354 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.0005240 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/25 08:00:21(UTC+0)
How to buy Taproot Exchange
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 Taproot Exchange (TAPROOT)
Use a variety of payment options to buy Taproot Exchange on Bitget. We'll show you how.
Buy TAPROOT (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of TAPROOT with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy TAPROOT 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 TAPROOT (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of TAPROOT to PAB. However, you can first exchange TAPROOT 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 Taproot Exchange to Panamanian Balboa?
Taproot Exchange to Panamanian Balboa is falling this week.Taproot Exchange's current market price is B/. 0.0005409 per TAPROOT, with a total market cap of B/. 0 PAB based on a circulating supply of -- TAPROOT. The trading volume of Taproot Exchange has changed by -46.79% (B/. -840.06 PAB) in the last 24 hours. Last trading day, TAPROOT's trading volume was B/. 1,795.2.
Market cap
$0
24h volume
$955.13997652
Circulating supply
0 TAPROOT
Conversion tables
The exchange rate of Taproot Exchange is decreasing.1 TAPROOT is currently valued at B/. 0.0005409 PAB , which means buying 5 TAPROOT will cost B/. 0.002705 PAB . Similarly, B/.1 PAB can be traded for 1,848.6 TAPROOT, and B/.50 PAB can be converted to 92,430.24 TAPROOT, excluding any platform or gas fees.
The exchange rate of 1 TAPROOT to Panamanian Balboa has changed by -21.99% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.81%, reaching a high of 0.0005410 PAB and a low of 0.0004822 PAB . One month ago, the value of 1 TAPROOT was B/. 0.001009 PAB , which represents a -46.40% change from its current value. Over the last year, Taproot Exchange has changed by , resulting in a change of -99.14% in its value.
+B/.
0.0005410PABTAPROOT to PAB
Amount
14:13 today
0.5 TAPROOT
B/.0.0002705
1 TAPROOT
B/.0.0005409
5 TAPROOT
B/.0.002705
10 TAPROOT
B/.0.005409
50 TAPROOT
B/.0.02705
100 TAPROOT
B/.0.05409
500 TAPROOT
B/.0.2705
1000 TAPROOT
B/.0.5409
PAB to TAPROOT
Amount14:13 today
0.5PAB924.3 TAPROOT
1PAB1,848.6 TAPROOT
5PAB9,243.02 TAPROOT
10PAB18,486.05 TAPROOT
50PAB92,430.24 TAPROOT
100PAB184,860.47 TAPROOT
500PAB924,302.35 TAPROOT
1000PAB1,848,604.71 TAPROOT
Today vs. 24 hours ago
| Amount | 14:13 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 TAPROOT | $0.0002705 | $0.0002463 | +9.81% |
| 1 TAPROOT | $0.0005409 | $0.0004926 | +9.81% |
| 5 TAPROOT | $0.002705 | $0.002463 | +9.81% |
| 10 TAPROOT | $0.005409 | $0.004926 | +9.81% |
| 50 TAPROOT | $0.02705 | $0.02463 | +9.81% |
| 100 TAPROOT | $0.05409 | $0.04926 | +9.81% |
| 500 TAPROOT | $0.2705 | $0.2463 | +9.81% |
| 1000 TAPROOT | $0.5409 | $0.4926 | +9.81% |
Today vs. 1 month ago
| Amount | 14:13 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 TAPROOT | $0.0002705 | $0.0005046 | -46.40% |
| 1 TAPROOT | $0.0005409 | $0.001009 | -46.40% |
| 5 TAPROOT | $0.002705 | $0.005046 | -46.40% |
| 10 TAPROOT | $0.005409 | $0.01009 | -46.40% |
| 50 TAPROOT | $0.02705 | $0.05046 | -46.40% |
| 100 TAPROOT | $0.05409 | $0.1009 | -46.40% |
| 500 TAPROOT | $0.2705 | $0.5046 | -46.40% |
| 1000 TAPROOT | $0.5409 | $1.01 | -46.40% |
Today vs. 1 year ago
| Amount | 14:13 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 TAPROOT | $0.0002705 | $-0.{8}5297 | -99.14% |
| 1 TAPROOT | $0.0005409 | $-0.{7}1059 | -99.14% |
| 5 TAPROOT | $0.002705 | $-0.{7}5297 | -99.14% |
| 10 TAPROOT | $0.005409 | $-0.{6}1059 | -99.14% |
| 50 TAPROOT | $0.02705 | $-0.{6}5297 | -99.14% |
| 100 TAPROOT | $0.05409 | $-0.{5}1059 | -99.14% |
| 500 TAPROOT | $0.2705 | $-0.{5}5297 | -99.14% |
| 1000 TAPROOT | $0.5409 | $-0.{4}1059 | -99.14% |
Taproot Exchange price prediction
What will the price of TAPROOT be in 2025?
Based on TAPROOT's historical price performance prediction model, the price of TAPROOT is projected to reach $0.007977 in 2025.
What will the price of TAPROOT be in 2030?
In 2030, the TAPROOT price is expected to change by -15.00%. By the end of 2030, the TAPROOT price is projected to reach $0.01236, with a cumulative ROI of +2409.00%.
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Popular Taproot Exchange conversions
Check out these popular currency conversions of Taproot Exchange to several fiat currencies.
Taproot Exchange to USD
1 TAPROOT to $ 0.0005409 USD
Taproot Exchange to GBP
1 TAPROOT to £ 0.0004303 GBP
Taproot Exchange to EUR
1 TAPROOT to € 0.0005155 EUR
Taproot Exchange to KRW
1 TAPROOT to ₩ 0.7578 KRW
Taproot Exchange to CAD
1 TAPROOT to $ 0.0007550 CAD
Taproot Exchange to AUD
1 TAPROOT to $ 0.0008307 AUD
Taproot Exchange to JPY
1 TAPROOT to ¥ 0.08333 JPY
Taproot Exchange to BRL
1 TAPROOT to R$ 0.003141 BRL
Taproot Exchange to CNY
1 TAPROOT to ¥ 0.003921 CNY
Taproot Exchange to TWD
1 TAPROOT to NT$ 0.01756 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Taproot Exchange.
Bitcoin to PAB
1 BTC to B/. 97,568.95 PAB
MAD to PAB
1 MAD to B/. 0.{4}4518 PAB
Stellar to PAB
1 XLM to B/. 0.5005 PAB
EGO to PAB
1 EGO to B/. 0.02286 PAB
Cardano to PAB
1 ADA to B/. 1.01 PAB
Puffer to PAB
1 PUFFER to B/. -- PAB
XRP to PAB
1 XRP to B/. 1.44 PAB
Just a chill guy to PAB
1 CHILLGUY to B/. 0.3819 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4182 PAB
The Sandbox to PAB
1 SAND to B/. 0.7306 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 Taproot Exchange 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 Taproot Exchange 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 Taproot Exchange 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.
