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Oobit to Panamanian Balboa Converter and calculator

Convert 1Oobit (OBT) to Panamanian Balboa (PAB) equals B/. 0.01963 | Bitget
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Last updated as of 2025/02/18 09:36:41 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Oobit(OBT) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 OBT at a value of 1 OBT for 0.02 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 Oobit currency pair is the OBT to PAB, with for Oobit's currency code being OBT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

OBT to PAB conversion rate trend

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Live Oobit (OBT) price chart
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In the past 1D, Oobit has changed -1.97% to PAB. Based on the trend and price charts, Oobit(OBT) has changed -1.97% to PAB while Panamanian Balboa(PAB) has changed +2.01% to OBT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
B/.0.01743
0.0200% / 0.0320%vip-iconVIP 7
Huobi
B/.0.01392
0.1000% / 0.1000%
Yes
Gate.io
B/.0.01751
0.1000% / 0.1000%
Yes
Bybit
B/.0.01396
0.1000% / 0.1000%
Yes
KuCoin
B/.0.01397
0.1000% / 0.1000%
Yes
Last updated as of 2025/01/22 05:00:18(UTC+0)

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

Bitget P2P trading does not currently support direct buying of OBT with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy OBT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
R
Russiad_BC
23 tradesCompletion rate 64.00%
1.245 USD
Amount1757.34 USDT
Limit10 - 2000 USD
WebMoney
Buy
A
AleksinGolden merchant
660 tradesCompletion rate 93.00%
1.05 USD
Amount9795.52 USDT
Limit10 - 2000 USD
Bank TransferTinkoff
Buy
R
RUSSBANK777
74 tradesCompletion rate 95.00%
1.05 USD
Amount3319.39 USDT
Limit50 - 500 USD
Bank TransferTinkoff
Buy
B
Brothers Group
0 tradesCompletion rate 0.00%
1.05 USD
Amount100000 USDT
Limit1000 - 5000 USD
Cashapp
Buy
2
24H_TRADE_CRYPTO
1 tradesCompletion rate 50.00%
1.03 USD
Amount98903.35 USDT
Limit1000 - 25000 USD
Cashapp
Buy

Sell OBT (or USDT) for PAB (Panamanian Balboa) offers

Bitget P2P trading currently does not support direct selling of OBT to PAB. However, you can first exchange OBT for USDT in the Bitget spot market, and then sell USDT to PAB in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
R
Russiad_BC
23 tradesCompletion rate 64.00%
1.245 USD
Amount1757.34 USDT
Limit10 - 2000 USD
WebMoney
Sell
A
AleksinGolden merchant
660 tradesCompletion rate 93.00%
1.05 USD
Amount9795.52 USDT
Limit10 - 2000 USD
Bank TransferTinkoff
Sell
R
RUSSBANK777
74 tradesCompletion rate 95.00%
1.05 USD
Amount3319.39 USDT
Limit50 - 500 USD
Bank TransferTinkoff
Sell
B
Brothers Group
0 tradesCompletion rate 0.00%
1.05 USD
Amount100000 USDT
Limit1000 - 5000 USD
Cashapp
Sell
2
24H_TRADE_CRYPTO
1 tradesCompletion rate 50.00%
1.03 USD
Amount98903.35 USDT
Limit1000 - 25000 USD
Cashapp
Sell

What factors influence the conversion rate of Oobit to Panamanian Balboa?

Oobit to Panamanian Balboa is falling this week.
Oobit's current market price is B/. 0.01963 per OBT, with a total market cap of B/. 19,629,698.7 PAB based on a circulating supply of 1,000,000,000 OBT. The trading volume of Oobit has changed by -2.14% (B/. -17,149.89 PAB) in the last 24 hours. Last trading day, OBT's trading volume was B/. 802,709.8.
Market cap
$19.63M
24h volume
$785.56K
Circulating supply
1.00B OBT
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Conversion tables

The exchange rate of Oobit is decreasing.
1 OBT is currently valued at B/. 0.01963 PAB , which means buying 5 OBT will cost B/. 0.09815 PAB . Similarly, B/.1 PAB can be traded for 50.94 OBT, and B/.50 PAB can be converted to 2,547.16 OBT, excluding any platform or gas fees.
The exchange rate of 1 OBT to Panamanian Balboa has changed by -0.73% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.97%, reaching a high of 0.02137 PAB and a low of 0.01705 PAB . One month ago, the value of 1 OBT was B/. 0.02147 PAB , which represents a -8.58% change from its current value. Over the last year, Oobit has changed by
-B/.
0.04591PAB
, resulting in a change of -70.05% in its value.

OBT to PAB

Amount
09:36 am today
0.5 OBT
B/.0.009815
1 OBT
B/.0.01963
5 OBT
B/.0.09815
10 OBT
B/.0.1963
50 OBT
B/.0.9815
100 OBT
B/.1.96
500 OBT
B/.9.81
1000 OBT
B/.19.63

PAB to OBT

Amount09:36 am today
0.5PAB25.47  OBT
1PAB50.94  OBT
5PAB254.72  OBT
10PAB509.43  OBT
50PAB2,547.16  OBT
100PAB5,094.32  OBT
500PAB25,471.61  OBT
1000PAB50,943.22  OBT

Today vs. 24 hours ago

Amount09:36 am today24 hours ago24h change
0.5 OBT$0.009815$0.01001
-1.97%
1 OBT$0.01963$0.02002
-1.97%
5 OBT$0.09815$0.1001
-1.97%
10 OBT$0.1963$0.2002
-1.97%
50 OBT$0.9815$1
-1.97%
100 OBT$1.96$2
-1.97%
500 OBT$9.81$10.01
-1.97%
1000 OBT$19.63$20.02
-1.97%

Today vs. 1 month ago

Amount09:36 am today1 month ago1M change
0.5 OBT$0.009815$0.01074
-8.58%
1 OBT$0.01963$0.02147
-8.58%
5 OBT$0.09815$0.1074
-8.58%
10 OBT$0.1963$0.2147
-8.58%
50 OBT$0.9815$1.07
-8.58%
100 OBT$1.96$2.15
-8.58%
500 OBT$9.81$10.74
-8.58%
1000 OBT$19.63$21.47
-8.58%

Today vs. 1 year ago

Amount09:36 am today1 year ago1Y change
0.5 OBT$0.009815$0.03277
-70.05%
1 OBT$0.01963$0.06554
-70.05%
5 OBT$0.09815$0.3277
-70.05%
10 OBT$0.1963$0.6554
-70.05%
50 OBT$0.9815$3.28
-70.05%
100 OBT$1.96$6.55
-70.05%
500 OBT$9.81$32.77
-70.05%
1000 OBT$19.63$65.54
-70.05%
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Oobit price prediction

What will the price of OBT be in 2026?

Based on OBT's historical price performance prediction model, the price of OBT is projected to reach $0.02015 in 2026.

What will the price of OBT be in 2031?

In 2031, the OBT price is expected to change by +12.00%. By the end of 2031, the OBT price is projected to reach $0.04402, with a cumulative ROI of +139.25%.
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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.