sAVAX
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 BENQI Liquid Staked AVAX(sAVAX) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 sAVAX at a value of 1 sAVAX for 31.35 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 BENQI Liquid Staked AVAX currency pair is the sAVAX to PAB, with for BENQI Liquid Staked AVAX's currency code being sAVAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
sAVAX to PAB conversion rate trend
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In the past 1D, BENQI Liquid Staked AVAX has changed +0.99% to PAB. Based on the trend and price charts, BENQI Liquid Staked AVAX(sAVAX) has changed +0.99% to PAB while Panamanian Balboa(PAB) has changed % to sAVAX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.31.35 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/07/09 15:58:22(UTC+0)
How to buy BENQI Liquid Staked AVAX
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Buy BENQI Liquid Staked AVAX (sAVAX)
Use a variety of payment options to buy BENQI Liquid Staked AVAX on Bitget. We'll show you how.
Buy sAVAX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of sAVAX with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy sAVAX 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 sAVAX (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of sAVAX to PAB. However, you can first exchange sAVAX for USDT in the Bitget spot market, and then sell USDT to PAB 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 BENQI Liquid Staked AVAX to Panamanian Balboa?
BENQI Liquid Staked AVAX to Panamanian Balboa is falling this week.BENQI Liquid Staked AVAX's current market price is B/. 31.35 per sAVAX, with a total market cap of B/. 210,258,540.42 PAB based on a circulating supply of 6,706,928 sAVAX. The trading volume of BENQI Liquid Staked AVAX has changed by +44.15% (B/. 687,214.62 PAB) in the last 24 hours. Last trading day, sAVAX's trading volume was B/. 1,556,446.3.
Market cap
$210.26M
24h volume
$2.24M
Circulating supply
6.71M sAVAX
Conversion tables
The exchange rate of BENQI Liquid Staked AVAX is decreasing.1 sAVAX is currently valued at B/. 31.35 PAB , which means buying 5 sAVAX will cost B/. 156.75 PAB . Similarly, B/.1 PAB can be traded for 0.03190 sAVAX, and B/.50 PAB can be converted to 1.59 sAVAX, excluding any platform or gas fees.
The exchange rate of 1 sAVAX to Panamanian Balboa has changed by -13.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.99%, reaching a high of 33.1 PAB and a low of 30.75 PAB . One month ago, the value of 1 sAVAX was B/. 46.46 PAB , which represents a -32.53% change from its current value. Over the last year, BENQI Liquid Staked AVAX has changed by , resulting in a change of +131.47% in its value.
+B/.
7.8PABsAVAX to PAB
Amount
15:58 today
0.5 sAVAX
B/.15.67
1 sAVAX
B/.31.35
5 sAVAX
B/.156.75
10 sAVAX
B/.313.49
50 sAVAX
B/.1,567.47
100 sAVAX
B/.3,134.95
500 sAVAX
B/.15,674.73
1000 sAVAX
B/.31,349.45
PAB to sAVAX
Amount15:58 today
0.5PAB0.01595 sAVAX
1PAB0.03190 sAVAX
5PAB0.1595 sAVAX
10PAB0.3190 sAVAX
50PAB1.59 sAVAX
100PAB3.19 sAVAX
500PAB15.95 sAVAX
1000PAB31.9 sAVAX
Today vs. 24 hours ago
| Amount | 15:58 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 sAVAX | $15.67 | $15.52 | +0.99% |
| 1 sAVAX | $31.35 | $31.04 | +0.99% |
| 5 sAVAX | $156.75 | $155.21 | +0.99% |
| 10 sAVAX | $313.49 | $310.42 | +0.99% |
| 50 sAVAX | $1,567.47 | $1,552.09 | +0.99% |
| 100 sAVAX | $3,134.95 | $3,104.18 | +0.99% |
| 500 sAVAX | $15,674.73 | $15,520.92 | +0.99% |
| 1000 sAVAX | $31,349.45 | $31,041.84 | +0.99% |
Today vs. 1 month ago
| Amount | 15:58 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 sAVAX | $15.67 | $23.23 | -32.53% |
| 1 sAVAX | $31.35 | $46.46 | -32.53% |
| 5 sAVAX | $156.75 | $232.31 | -32.53% |
| 10 sAVAX | $313.49 | $464.62 | -32.53% |
| 50 sAVAX | $1,567.47 | $2,323.11 | -32.53% |
| 100 sAVAX | $3,134.95 | $4,646.21 | -32.53% |
| 500 sAVAX | $15,674.73 | $23,231.05 | -32.53% |
| 1000 sAVAX | $31,349.45 | $46,462.11 | -32.53% |
Today vs. 1 year ago
| Amount | 15:58 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 sAVAX | $15.67 | $6.77 | +131.47% |
| 1 sAVAX | $31.35 | $13.55 | +131.47% |
| 5 sAVAX | $156.75 | $67.74 | +131.47% |
| 10 sAVAX | $313.49 | $135.48 | +131.47% |
| 50 sAVAX | $1,567.47 | $677.39 | +131.47% |
| 100 sAVAX | $3,134.95 | $1,354.78 | +131.47% |
| 500 sAVAX | $15,674.73 | $6,773.91 | +131.47% |
| 1000 sAVAX | $31,349.45 | $13,547.81 | +131.47% |
BENQI Liquid Staked AVAX price prediction
What will the price of sAVAX be in 2025?
Based on sAVAX's historical price performance prediction model, the price of sAVAX is projected to reach $42.17 in 2025.
What will the price of sAVAX be in 2030?
In 2030, the sAVAX price is expected to change by +4.00%. By the end of 2030, the sAVAX price is projected to reach $82.71, with a cumulative ROI of +163.84%.
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Popular BENQI Liquid Staked AVAX conversions
Check out these popular currency conversions of BENQI Liquid Staked AVAX to several fiat currencies.
BENQI Liquid Staked AVAX to USD
1 sAVAX to $ 31.35 USD
BENQI Liquid Staked AVAX to GBP
1 sAVAX to £ 24.47 GBP
BENQI Liquid Staked AVAX to EUR
1 sAVAX to € 28.97 EUR
BENQI Liquid Staked AVAX to KRW
1 sAVAX to ₩ 43,348.43 KRW
BENQI Liquid Staked AVAX to CAD
1 sAVAX to $ 42.76 CAD
BENQI Liquid Staked AVAX to AUD
1 sAVAX to $ 46.53 AUD
BENQI Liquid Staked AVAX to JPY
1 sAVAX to ¥ 5,049.7 JPY
BENQI Liquid Staked AVAX to BRL
1 sAVAX to R$ 170.91 BRL
BENQI Liquid Staked AVAX to CNY
1 sAVAX to ¥ 228.32 CNY
BENQI Liquid Staked AVAX to TWD
1 sAVAX to NT$ 1,019.99 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in BENQI Liquid Staked AVAX.
Bitcoin to PAB
1 BTC to B/. 57,315.02 PAB
Notcoin to PAB
1 NOT to B/. 0.01613 PAB
Hooked Protocol to PAB
1 HOOK to B/. 0.4796 PAB
Pepe to PAB
1 PEPE to B/. 0.{5}9002 PAB
AMC to PAB
1 AMC to B/. -- PAB
Solana to PAB
1 SOL to B/. 140.03 PAB
Dogecoin to PAB
1 DOGE to B/. 0.1076 PAB
Ethereum to PAB
1 ETH to B/. 3,059.57 PAB
Aevo to PAB
1 AEVO to B/. 0.4507 PAB
Toncoin to PAB
1 TON to B/. 7.27 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 BENQI Liquid Staked AVAX 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 BENQI Liquid Staked AVAX 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 BENQI Liquid Staked AVAX 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.
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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.
