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STEEM to PAB Converter and calculator

STEEM/PAB: 1 STEEM = 0.1588 PAB. The price of converting 1 Steem (STEEM) to Panamanian Balboa (PAB) is 0.1588 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 STEEM to PAB real-time exchange rates, making it easy to convert Steem (STEEM) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 STEEM is currently valued at 0.16 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 STEEM is currently valued at 0.16 PAB, which means buying 5 STEEM would cost 0.79 PAB. Similarly, B/.1 PAB can be converted to 6.3 STEEM, and B/.50 PAB can be converted to 31.48 STEEM, excluding any platform or gas fees.

Convert STEEM to PAB

Convert PAB to STEEM

Steem
Panamanian Balboa
1000 STEEM
158.84  PAB
5000 STEEM
794.19  PAB
10000 STEEM
1,588.38  PAB
In the table above, you'll find a comprehensive STEEM to PAB converter that shows the value of Steem in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 STEEM to PAB, all the way up to 10000 STEEM, providing a clear view of their respective values.
Panamanian Balboa
Steem
1000 PAB
6,295.72 STEEM
2000 PAB
12,591.44 STEEM
5000 PAB
31,478.59 STEEM
10000 PAB
62,957.18 STEEM
50000 PAB
314,785.92 STEEM
100000 PAB
629,571.83 STEEM
In the table above, you'll find a comprehensive PAB to STEEM converter that shows the value of Panamanian Balboa in Steem across commonly used conversion amounts. The list covers conversions from 1 PAB to STEEM, all the way up to 100000 PAB, providing a clear view of their respective values.

STEEM to PAB chart

STEEM/PAB: 1 STEEM = 0.1588 PAB; 2025/04/27 15:51:07
In the past 1D, Steem has changed +4.08% to PAB. Based on the trend and price charts, Steem(STEEM) has changed +4.08% to PAB while Panamanian Balboa(PAB) has changed % to STEEM in the last 24 hours.
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STEEM to PAB conversion data: Volatility and price changes of Steem in PAB

The highest Steem price in PAB over the past 7 days was 0.1750 PAB while the lowest Steem price in PAB over the past 7 days was 0.1405 PAB. The relative change between the highs and lows in Steem price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and STEEM 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
0.1750 PAB
0.1750 PAB
0.1750 PAB
0.2165 PAB
Low
0.1521 PAB
0.1405 PAB
0.1015 PAB
0.1015 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
+4.08%
+10.46%
+20.90%
-25.64%

Steem information

STEEM to PAB market statistics

STEEM/PAB:
B/.0.1588
STEEM 24h volume:
B/.113,897,563.11
STEEM market cap:
B/.81,104,531.07
STEEM circulating supply:
510.61M STEEM

Current STEEM to PAB exchange rate

Steem to Panamanian Balboa is rising this week.
Steem's current market price is B/.0.1588 per STEEM, with a total market cap of B/.81,104,531.07 PAB based on a circulating supply of 510,611,300 STEEM. The trading volume of Steem has changed by +380.48% (B/.90,192,485.74 PAB) in the last 24 hours. Last trading day, STEEM's trading volume was B/.23,705,077.37.

More info about Steem 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 Steem currency pair is the STEEM to PAB, with for Steem's currency code being STEEM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert STEEM to PAB

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STEEM to PAB Conversion tables

The exchange rate of Steem is increasing.
The exchange rate of 1 STEEM to Panamanian Balboa has changed by +10.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.08%, reaching a high of 0.1750 PAB and a low of 0.1521 PAB . One month ago, the value of 1 STEEM was B/.0.1313 PAB , which represents a +20.90% change from its current value. Over the last year, Steem has changed by
-B/.
0.1311PAB
, resulting in a change of -45.17% in its value.
24 hours ago1 month ago1 year ago
Amount15:51 today24 hours ago24h change
0.5 STEEMB/.0.07942B/.0.07630
+4.08%
1 STEEMB/.0.1588B/.0.1526
+4.08%
5 STEEMB/.0.7942B/.0.7630
+4.08%
10 STEEMB/.1.59B/.1.53
+4.08%
50 STEEMB/.7.94B/.7.63
+4.08%
100 STEEMB/.15.88B/.15.26
+4.08%
500 STEEMB/.79.42B/.76.3
+4.08%
1000 STEEMB/.158.84B/.152.6
+4.08%

STEEM to PAB FAQ

How much is 1 Steem in PAB?
Right now, the price of 1 Steem (STEEM) in Panamanian Balboa (PAB) is B/.0.1588.
How much STEEM can I buy for 1 PAB?
Based on the current exchange rate, you can get 6.3 STEEM for 1 PAB.
How do I calculate or convert STEEM to PAB?
You can use our STEEM to PAB calculator at the top of this page to convert any amount of STEEM to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 31.48 STEEM, while 5 STEEM will cost around 0.7942PAB.
What is the highest price of STEEM/PAB in history?
The all-time high price of 1 STEEM in PAB is B/.8.57. It remains to be seen if the value of 1 STEEM/PAB will exceed the current all-time high.
What is the price trend of Steem in PAB?
Over the past 7 days, the exchange rate of Steem (STEEM) has gone up by 10.46%.   Over the last month, the exchange rate of Steem (STEEM) has gone up by 20.90% against Panamanian Balboa (PAB).

What factors influence the conversion rate of STEEM to PAB?

There are many factors that affect the relationship between Steem 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 STEEM/PAB. When there is positive news in the market about the widespread adoption of STEEM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of STEEM/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in STEEM/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 STEEM/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 Steem 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.