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USDH to Panamanian Balboa Converter and calculator

Convert 1USDH (USDH) to Panamanian Balboa (PAB) equals B/. 0.9989 | Bitget
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Last updated 2024/12/24 13:18:23 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of USDH(USDH) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 USDH at a value of 1 USDH for 1.00 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.

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Bitget crypto-to-fiat exchange data shows that the most popular USDH currency pair is the USDH to PAB, with for USDH's currency code being USDH. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

USDH to PAB conversion rate trend

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Live USDH (USDH) price chart
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In the past 1D, USDH has changed +1.41% to PAB. Based on the trend and price charts, USDH(USDH) has changed +1.41% to PAB while Panamanian Balboa(PAB) has changed -1.39% to USDH in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
B/.0.9894
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/24 08:32:39(UTC+0)

How to buy USDH

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Buy USDH (USDH)
Use a variety of payment options to buy USDH on Bitget. We'll show you how.

Buy USDH (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading does not currently support direct buying of USDH with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy USDH with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell USDH (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading currently does not support direct selling of USDH to PAB. However, you can first exchange USDH for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of USDH to Panamanian Balboa?

USDH to Panamanian Balboa is rising this week.
USDH's current market price is B/. 0.9989 per USDH, with a total market cap of B/. 0 PAB based on a circulating supply of -- USDH. The trading volume of USDH has changed by +35.97% (B/. 14,337.37 PAB) in the last 24 hours. Last trading day, USDH's trading volume was B/. 39,860.01.
Market cap
$0
24h volume
$54.20K
Circulating supply
0 USDH

Conversion tables

The exchange rate of USDH is increasing.
1 USDH is currently valued at B/. 0.9989 PAB , which means buying 5 USDH will cost B/. 4.99 PAB . Similarly, B/.1 PAB can be traded for 1 USDH, and B/.50 PAB can be converted to 50.06 USDH, excluding any platform or gas fees.
The exchange rate of 1 USDH to Panamanian Balboa has changed by +1.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.41%, reaching a high of 1 PAB and a low of 0.9845 PAB . One month ago, the value of 1 USDH was B/. 0.9880 PAB , which represents a +1.10% change from its current value. Over the last year, USDH has changed by
+B/.
0.009763PAB
, resulting in a change of +0.99% in its value.

USDH to PAB

Amount
13:18 today
0.5 USDH
B/.0.4994
1 USDH
B/.0.9989
5 USDH
B/.4.99
10 USDH
B/.9.99
50 USDH
B/.49.94
100 USDH
B/.99.89
500 USDH
B/.499.44
1000 USDH
B/.998.87

PAB to USDH

Amount13:18 today
0.5PAB0.5006  USDH
1PAB1  USDH
5PAB5.01  USDH
10PAB10.01  USDH
50PAB50.06  USDH
100PAB100.11  USDH
500PAB500.56  USDH
1000PAB1,001.13  USDH

Today vs. 24 hours ago

Amount13:18 today24 hours ago24h change
0.5 USDH$0.4994$0.4925
+1.41%
1 USDH$0.9989$0.9850
+1.41%
5 USDH$4.99$4.92
+1.41%
10 USDH$9.99$9.85
+1.41%
50 USDH$49.94$49.25
+1.41%
100 USDH$99.89$98.5
+1.41%
500 USDH$499.44$492.5
+1.41%
1000 USDH$998.87$984.99
+1.41%

Today vs. 1 month ago

Amount13:18 today1 month ago1M change
0.5 USDH$0.4994$0.4940
+1.10%
1 USDH$0.9989$0.9880
+1.10%
5 USDH$4.99$4.94
+1.10%
10 USDH$9.99$9.88
+1.10%
50 USDH$49.94$49.4
+1.10%
100 USDH$99.89$98.8
+1.10%
500 USDH$499.44$493.98
+1.10%
1000 USDH$998.87$987.97
+1.10%

Today vs. 1 year ago

Amount13:18 today1 year ago1Y change
0.5 USDH$0.4994$0.4946
+0.99%
1 USDH$0.9989$0.9891
+0.99%
5 USDH$4.99$4.95
+0.99%
10 USDH$9.99$9.89
+0.99%
50 USDH$49.94$49.46
+0.99%
100 USDH$99.89$98.91
+0.99%
500 USDH$499.44$494.56
+0.99%
1000 USDH$998.87$989.11
+0.99%

USDH price prediction

What will the price of USDH be in 2025?

Based on USDH's historical price performance prediction model, the price of USDH is projected to reach $1.47 in 2025.

What will the price of USDH be in 2030?

In 2030, the USDH price is expected to change by -18.00%. By the end of 2030, the USDH price is projected to reach $1.69, with a cumulative ROI of +69.40%.

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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.