OTB
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 OTCBTC Token(OTB) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 OTB at a value of 1 OTB 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 OTCBTC Token currency pair is the OTB to PAB, with for OTCBTC Token's currency code being OTB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
OTB to PAB conversion rate trend
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In the past 1D, OTCBTC Token has changed -4.79% to PAB. Based on the trend and price charts, OTCBTC Token(OTB) has changed -4.79% to PAB while Panamanian Balboa(PAB) has changed % to OTB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.001696 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/23 00:35:26(UTC+0)
How to buy OTCBTC Token
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Buy OTCBTC Token (OTB)
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Buy OTB (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of OTB with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy OTB 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 OTB (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of OTB to PAB. However, you can first exchange OTB 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 OTCBTC Token to Panamanian Balboa?
OTCBTC Token to Panamanian Balboa is falling this week.OTCBTC Token's current market price is B/. 0.001696 per OTB, with a total market cap of B/. 0 PAB based on a circulating supply of -- OTB. The trading volume of OTCBTC Token has changed by 0.00% (B/. 0 PAB) in the last 24 hours. Last trading day, OTB's trading volume was B/. 0.
Market cap
$0
24h volume
$0
Circulating supply
0 OTB
Conversion tables
The exchange rate of OTCBTC Token is increasing.1 OTB is currently valued at B/. 0.001696 PAB , which means buying 5 OTB will cost B/. 0.008479 PAB . Similarly, B/.1 PAB can be traded for 589.69 OTB, and B/.50 PAB can be converted to 29,484.55 OTB, excluding any platform or gas fees.
The exchange rate of 1 OTB to Panamanian Balboa has changed by -6.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.79%, reaching a high of 0.002802 PAB and a low of 0.002637 PAB . One month ago, the value of 1 OTB was B/. 0.0008790 PAB , which represents a +44.63% change from its current value. Over the last year, OTCBTC Token has changed by , resulting in a change of +86.78% in its value.
+B/.
0.001230PABOTB to PAB
Amount
07:00 am today
0.5 OTB
B/.0.0008479
1 OTB
B/.0.001696
5 OTB
B/.0.008479
10 OTB
B/.0.01696
50 OTB
B/.0.08479
100 OTB
B/.0.1696
500 OTB
B/.0.8479
1000 OTB
B/.1.7
PAB to OTB
Amount07:00 am today
0.5PAB294.85 OTB
1PAB589.69 OTB
5PAB2,948.45 OTB
10PAB5,896.91 OTB
50PAB29,484.55 OTB
100PAB58,969.1 OTB
500PAB294,845.48 OTB
1000PAB589,690.96 OTB
Today vs. 24 hours ago
| Amount | 07:00 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OTB | $0.0008479 | $0.0009145 | -4.79% |
| 1 OTB | $0.001696 | $0.001829 | -4.79% |
| 5 OTB | $0.008479 | $0.009145 | -4.79% |
| 10 OTB | $0.01696 | $0.01829 | -4.79% |
| 50 OTB | $0.08479 | $0.09145 | -4.79% |
| 100 OTB | $0.1696 | $0.1829 | -4.79% |
| 500 OTB | $0.8479 | $0.9145 | -4.79% |
| 1000 OTB | $1.7 | $1.83 | -4.79% |
Today vs. 1 month ago
| Amount | 07:00 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OTB | $0.0008479 | $0.0004395 | +44.63% |
| 1 OTB | $0.001696 | $0.0008790 | +44.63% |
| 5 OTB | $0.008479 | $0.004395 | +44.63% |
| 10 OTB | $0.01696 | $0.008790 | +44.63% |
| 50 OTB | $0.08479 | $0.04395 | +44.63% |
| 100 OTB | $0.1696 | $0.08790 | +44.63% |
| 500 OTB | $0.8479 | $0.4395 | +44.63% |
| 1000 OTB | $1.7 | $0.8790 | +44.63% |
Today vs. 1 year ago
| Amount | 07:00 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OTB | $0.0008479 | $0.0002330 | +86.78% |
| 1 OTB | $0.001696 | $0.0004660 | +86.78% |
| 5 OTB | $0.008479 | $0.002330 | +86.78% |
| 10 OTB | $0.01696 | $0.004660 | +86.78% |
| 50 OTB | $0.08479 | $0.02330 | +86.78% |
| 100 OTB | $0.1696 | $0.04660 | +86.78% |
| 500 OTB | $0.8479 | $0.2330 | +86.78% |
| 1000 OTB | $1.7 | $0.4660 | +86.78% |
OTCBTC Token price prediction
What will the price of OTB be in 2025?
Based on OTB's historical price performance prediction model, the price of OTB is projected to reach $0.003185 in 2025.
What will the price of OTB be in 2030?
In 2030, the OTB price is expected to change by -5.00%. By the end of 2030, the OTB price is projected to reach $0.005759, with a cumulative ROI of +239.59%.
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Popular OTCBTC Token conversions
Check out these popular currency conversions of OTCBTC Token to several fiat currencies.
OTCBTC Token to USD
1 OTB to $ 0.001696 USD
OTCBTC Token to GBP
1 OTB to £ 0.001353 GBP
OTCBTC Token to EUR
1 OTB to € 0.001628 EUR
OTCBTC Token to KRW
1 OTB to ₩ 2.38 KRW
OTCBTC Token to CAD
1 OTB to $ 0.002380 CAD
OTCBTC Token to AUD
1 OTB to $ 0.002607 AUD
OTCBTC Token to JPY
1 OTB to ¥ 0.2625 JPY
OTCBTC Token to BRL
1 OTB to R$ 0.009837 BRL
OTCBTC Token to CNY
1 OTB to ¥ 0.01230 CNY
OTCBTC Token to TWD
1 OTB to NT$ 0.05526 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in OTCBTC Token.
Bitcoin to PAB
1 BTC to B/. 98,814.81 PAB
EGO to PAB
1 EGO to B/. 0.02265 PAB
Evan to PAB
1 EVAN to B/. 0.01987 PAB
MAD to PAB
1 MAD to B/. 0.{4}5133 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4687 PAB
Stellar to PAB
1 XLM to B/. 0.4365 PAB
Hedera to PAB
1 HBAR to B/. 0.1493 PAB
Sui to PAB
1 SUI to B/. 3.61 PAB
Algorand to PAB
1 ALGO to B/. 0.3105 PAB
VeChain to PAB
1 VET to B/. 0.04291 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 OTCBTC Token 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 OTCBTC Token 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 OTCBTC Token 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.
