ANC
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 Anchor Protocol(ANC) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 ANC at a value of 1 ANC for 0.01 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 Anchor Protocol currency pair is the ANC to PAB, with for Anchor Protocol's currency code being ANC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
ANC to PAB conversion rate trend
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In the past 1D, Anchor Protocol has changed +1.17% to PAB. Based on the trend and price charts, Anchor Protocol(ANC) has changed +1.17% to PAB while Panamanian Balboa(PAB) has changed % to ANC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.01067 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.01250 | 0.1000% / 0.1000% | Yes |
KuCoin | B/.0.003530 | 0.1000% / 0.1000% | Yes |
Last updated 2023/11/01 16:00:26(UTC+0)
How to buy Anchor Protocol
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Anchor Protocol (ANC)
Use a variety of payment options to buy Anchor Protocol on Bitget. We'll show you how.
Buy ANC (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of ANC with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy ANC 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 ANC (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of ANC to PAB. However, you can first exchange ANC 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 Anchor Protocol to Panamanian Balboa?
Anchor Protocol to Panamanian Balboa is rising this week.Anchor Protocol's current market price is B/. 0.01146 per ANC, with a total market cap of B/. 4,015,643.38 PAB based on a circulating supply of 350,381,860 ANC. The trading volume of Anchor Protocol has changed by -29.71% (B/. -36,784.27 PAB) in the last 24 hours. Last trading day, ANC's trading volume was B/. 123,796.89.
Market cap
$4.02M
24h volume
$87.01K
Circulating supply
350.38M ANC
Conversion tables
The exchange rate of Anchor Protocol is increasing.1 ANC is currently valued at B/. 0.01146 PAB , which means buying 5 ANC will cost B/. 0.05730 PAB . Similarly, B/.1 PAB can be traded for 87.25 ANC, and B/.50 PAB can be converted to 4,362.71 ANC, excluding any platform or gas fees.
The exchange rate of 1 ANC to Panamanian Balboa has changed by +38.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.17%, reaching a high of 0.01182 PAB and a low of 0.01024 PAB . One month ago, the value of 1 ANC was B/. 0.007545 PAB , which represents a +52.06% change from its current value. Over the last year, Anchor Protocol has changed by , resulting in a change of -28.67% in its value.
-B/.
0.004596PABANC to PAB
Amount
21:11 today
0.5 ANC
B/.0.005730
1 ANC
B/.0.01146
5 ANC
B/.0.05730
10 ANC
B/.0.1146
50 ANC
B/.0.5730
100 ANC
B/.1.15
500 ANC
B/.5.73
1000 ANC
B/.11.46
PAB to ANC
Amount21:11 today
0.5PAB43.63 ANC
1PAB87.25 ANC
5PAB436.27 ANC
10PAB872.54 ANC
50PAB4,362.71 ANC
100PAB8,725.42 ANC
500PAB43,627.11 ANC
1000PAB87,254.23 ANC
Today vs. 24 hours ago
| Amount | 21:11 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ANC | $0.005730 | $0.005665 | +1.17% |
| 1 ANC | $0.01146 | $0.01133 | +1.17% |
| 5 ANC | $0.05730 | $0.05665 | +1.17% |
| 10 ANC | $0.1146 | $0.1133 | +1.17% |
| 50 ANC | $0.5730 | $0.5665 | +1.17% |
| 100 ANC | $1.15 | $1.13 | +1.17% |
| 500 ANC | $5.73 | $5.66 | +1.17% |
| 1000 ANC | $11.46 | $11.33 | +1.17% |
Today vs. 1 month ago
| Amount | 21:11 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ANC | $0.005730 | $0.003773 | +52.06% |
| 1 ANC | $0.01146 | $0.007545 | +52.06% |
| 5 ANC | $0.05730 | $0.03773 | +52.06% |
| 10 ANC | $0.1146 | $0.07545 | +52.06% |
| 50 ANC | $0.5730 | $0.3773 | +52.06% |
| 100 ANC | $1.15 | $0.7545 | +52.06% |
| 500 ANC | $5.73 | $3.77 | +52.06% |
| 1000 ANC | $11.46 | $7.55 | +52.06% |
Today vs. 1 year ago
| Amount | 21:11 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ANC | $0.005730 | $0.008028 | -28.67% |
| 1 ANC | $0.01146 | $0.01606 | -28.67% |
| 5 ANC | $0.05730 | $0.08028 | -28.67% |
| 10 ANC | $0.1146 | $0.1606 | -28.67% |
| 50 ANC | $0.5730 | $0.8028 | -28.67% |
| 100 ANC | $1.15 | $1.61 | -28.67% |
| 500 ANC | $5.73 | $8.03 | -28.67% |
| 1000 ANC | $11.46 | $16.06 | -28.67% |
Anchor Protocol price prediction
What will the price of ANC be in 2025?
Based on ANC's historical price performance prediction model, the price of ANC is projected to reach $0.01103 in 2025.
What will the price of ANC be in 2030?
In 2030, the ANC price is expected to change by -14.00%. By the end of 2030, the ANC price is projected to reach $0.01608, with a cumulative ROI of +65.13%.
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Popular Anchor Protocol conversions
Check out these popular currency conversions of Anchor Protocol to several fiat currencies.
Anchor Protocol to USD
1 ANC to $ 0.01146 USD
Anchor Protocol to GBP
1 ANC to £ 0.009094 GBP
Anchor Protocol to EUR
1 ANC to € 0.01093 EUR
Anchor Protocol to KRW
1 ANC to ₩ 16.05 KRW
Anchor Protocol to CAD
1 ANC to $ 0.01600 CAD
Anchor Protocol to AUD
1 ANC to $ 0.01759 AUD
Anchor Protocol to JPY
1 ANC to ¥ 1.77 JPY
Anchor Protocol to BRL
1 ANC to R$ 0.06668 BRL
Anchor Protocol to CNY
1 ANC to ¥ 0.08308 CNY
Anchor Protocol to TWD
1 ANC to NT$ 0.3733 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Anchor Protocol.
MAD to PAB
1 MAD to B/. -- PAB
XRP to PAB
1 XRP to B/. 1.17 PAB
EGO to PAB
1 EGO to B/. 0.02054 PAB
Sharpe AI to PAB
1 SAI to B/. 0.03539 PAB
Solana to PAB
1 SOL to B/. 254.09 PAB
Bitcoin to PAB
1 BTC to B/. 97,928.13 PAB
Dogecoin to PAB
1 DOGE to B/. 0.3857 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}2064 PAB
Peanut the Squirrel to PAB
1 PNUT to B/. 1.33 PAB
Sui to PAB
1 SUI to B/. 3.59 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 Anchor Protocol 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 Anchor Protocol 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 Anchor Protocol 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.
