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AIT to PAB Converter and calculator

AIT/PAB: 1 AIT = 0.01218 PAB. The price of converting 1 AIT Protocol (AIT) to Panamanian Balboa (PAB) is 0.01218 PAB today.
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PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides AIT to PAB real-time exchange rates, making it easy to convert AIT Protocol (AIT) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 AIT is currently valued at 0.01 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 AIT is currently valued at 0.01 PAB, which means buying 5 AIT would cost 0.06 PAB. Similarly, B/.1 PAB can be converted to 82.08 AIT, and B/.50 PAB can be converted to 410.38 AIT, excluding any platform or gas fees.

Convert AIT to PAB

Convert PAB to AIT

AIT Protocol
Panamanian Balboa
10000 AIT
121.84  PAB
In the table above, you'll find a comprehensive AIT to PAB converter that shows the value of AIT Protocol in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 AIT to PAB, all the way up to 10000 AIT, providing a clear view of their respective values.
Panamanian Balboa
AIT Protocol
2000 PAB
164,151.75 AIT
5000 PAB
410,379.38 AIT
10000 PAB
820,758.76 AIT
50000 PAB
4,103,793.81 AIT
100000 PAB
8,207,587.62 AIT
In the table above, you'll find a comprehensive PAB to AIT converter that shows the value of Panamanian Balboa in AIT Protocol across commonly used conversion amounts. The list covers conversions from 1 PAB to AIT, all the way up to 100000 PAB, providing a clear view of their respective values.

AIT to PAB chart

AIT/PAB: 1 AIT = 0.01218 PAB; 2025/04/28 08:44:40
In the past 1D, AIT Protocol has changed -3.97% to PAB. Based on the trend and price charts, AIT Protocol(AIT) has changed -3.97% to PAB while Panamanian Balboa(PAB) has changed % to AIT in the last 24 hours.
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AIT to PAB conversion data: Volatility and price changes of AIT Protocol in PAB

The highest AIT Protocol price in PAB over the past 7 days was 0.01364 PAB while the lowest AIT Protocol price in PAB over the past 7 days was 0.01135 PAB. The relative change between the highs and lows in AIT Protocol price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and AIT to PAB prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.01279 PAB
0.01364 PAB
0.01459 PAB
0.04006 PAB
Low
0.01162 PAB
0.01135 PAB
0.007936 PAB
0.007936 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-3.97%
-8.41%
-5.92%
-66.57%

AIT Protocol information

AIT to PAB market statistics

AIT/PAB:
B/.0.01218
AIT 24h volume:
B/.46,289.95
AIT market cap:
B/.3,570,055.59
AIT circulating supply:
293.02M AIT

Current AIT to PAB exchange rate

AIT Protocol to Panamanian Balboa is falling this week.
AIT Protocol's current market price is B/.0.01218 per AIT, with a total market cap of B/.3,570,055.59 PAB based on a circulating supply of 293,015,460 AIT. The trading volume of AIT Protocol has changed by +27.57% (B/.10,004.45 PAB) in the last 24 hours. Last trading day, AIT's trading volume was B/.36,285.49.

More info about AIT Protocol on Bitget

Panamanian Balboa 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 AIT Protocol currency pair is the AIT to PAB, with for AIT Protocol's currency code being AIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert AIT to PAB

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Convert AIT to PAB
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Bitget P2P trading does not currently support direct buying of AIT with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy AIT with USDT via Bitget spot market.
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AIT to PAB Conversion tables

The exchange rate of AIT Protocol is decreasing.
The exchange rate of 1 AIT to Panamanian Balboa has changed by -8.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.97%, reaching a high of 0.01279 PAB and a low of 0.01162 PAB . One month ago, the value of 1 AIT was B/.0.01295 PAB , which represents a -5.92% change from its current value. Over the last year, AIT Protocol has changed by
-B/.
0.3420PAB
, resulting in a change of -96.56% in its value.
24 hours ago1 month ago1 year ago
Amount08:44 am today24 hours ago24h change
0.5 AITB/.0.006092B/.0.006344
-3.97%
1 AITB/.0.01218B/.0.01269
-3.97%
5 AITB/.0.06092B/.0.06344
-3.97%
10 AITB/.0.1218B/.0.1269
-3.97%
50 AITB/.0.6092B/.0.6344
-3.97%
100 AITB/.1.22B/.1.27
-3.97%
500 AITB/.6.09B/.6.34
-3.97%
1000 AITB/.12.18B/.12.69
-3.97%

AIT to PAB FAQ

How much is 1 AIT Protocol in PAB?
Right now, the price of 1 AIT Protocol (AIT) in Panamanian Balboa (PAB) is B/.0.01218.
How much AIT can I buy for 1 PAB?
Based on the current exchange rate, you can get 82.08 AIT for 1 PAB.
How do I calculate or convert AIT to PAB?
You can use our AIT to PAB calculator at the top of this page to convert any amount of AIT to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 410.38 AIT, while 5 AIT will cost around 0.06092PAB.
What is the highest price of AIT/PAB in history?
The all-time high price of 1 AIT in PAB is B/.1.21. It remains to be seen if the value of 1 AIT/PAB will exceed the current all-time high.
What is the price trend of AIT Protocol in PAB?
Over the past 7 days, the exchange rate of AIT Protocol (AIT) has gone down by 8.41%.   Over the last month, the exchange rate of AIT Protocol (AIT) has gone down by 5.92% against Panamanian Balboa (PAB).

What factors influence the conversion rate of AIT to PAB?

There are many factors that affect the relationship between AIT Protocol and Panamanian Balboa, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of AIT/PAB. When there is positive news in the market about the widespread adoption of AIT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of AIT/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in AIT/PAB.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of AIT/PAB. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of AIT Protocol and adjust their investment strategies accordingly in the evolving market.

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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.