CBK
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 Cobak Token(CBK) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 CBK at a value of 1 CBK for 0.60 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 Cobak Token currency pair is the CBK to PAB, with for Cobak Token's currency code being CBK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
CBK to PAB conversion rate trend
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In the past 1D, Cobak Token has changed -7.14% to PAB. Based on the trend and price charts, Cobak Token(CBK) has changed -7.14% to PAB while Panamanian Balboa(PAB) has changed % to CBK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.6264 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | B/.0.6341 | 0.1000% / 0.1000% | Yes |
Gate.io | B/.0.6227 | 0.1000% / 0.1000% | Yes |
Bybit | B/.0.6352 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/14 00:00:23(UTC+0)
How to buy Cobak Token
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Buy Cobak Token (CBK)
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Learn MoreBuy CBK (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of CBK with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy CBK 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 CBK (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of CBK to PAB. However, you can first exchange CBK 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 Cobak Token to Panamanian Balboa?
Cobak Token to Panamanian Balboa is rising this week.Cobak Token's current market price is B/. 0.5973 per CBK, with a total market cap of B/. 52,942,690.04 PAB based on a circulating supply of 88,629,840 CBK. The trading volume of Cobak Token has changed by -95.07% (B/. -127,239,436.31 PAB) in the last 24 hours. Last trading day, CBK's trading volume was B/. 133,841,432.66.
Market cap
$52.94M
24h volume
$6.60M
Circulating supply
88.63M CBK
Conversion tables
The exchange rate of Cobak Token is increasing.1 CBK is currently valued at B/. 0.5973 PAB , which means buying 5 CBK will cost B/. 2.99 PAB . Similarly, B/.1 PAB can be traded for 1.67 CBK, and B/.50 PAB can be converted to 83.7 CBK, excluding any platform or gas fees.
The exchange rate of 1 CBK to Panamanian Balboa has changed by +10.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.14%, reaching a high of 0.6463 PAB and a low of 0.5899 PAB . One month ago, the value of 1 CBK was B/. 0.5795 PAB , which represents a +3.07% change from its current value. Over the last year, Cobak Token has changed by , resulting in a change of -32.46% in its value.
-B/.
0.2875PABCBK to PAB
Amount
03:55 am today
0.5 CBK
B/.0.2987
1 CBK
B/.0.5973
5 CBK
B/.2.99
10 CBK
B/.5.97
50 CBK
B/.29.87
100 CBK
B/.59.73
500 CBK
B/.298.67
1000 CBK
B/.597.35
PAB to CBK
Amount03:55 am today
0.5PAB0.8370 CBK
1PAB1.67 CBK
5PAB8.37 CBK
10PAB16.74 CBK
50PAB83.7 CBK
100PAB167.41 CBK
500PAB837.04 CBK
1000PAB1,674.07 CBK
Today vs. 24 hours ago
| Amount | 03:55 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CBK | $0.2987 | $0.3217 | -7.14% |
| 1 CBK | $0.5973 | $0.6434 | -7.14% |
| 5 CBK | $2.99 | $3.22 | -7.14% |
| 10 CBK | $5.97 | $6.43 | -7.14% |
| 50 CBK | $29.87 | $32.17 | -7.14% |
| 100 CBK | $59.73 | $64.34 | -7.14% |
| 500 CBK | $298.67 | $321.68 | -7.14% |
| 1000 CBK | $597.35 | $643.35 | -7.14% |
Today vs. 1 month ago
| Amount | 03:55 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CBK | $0.2987 | $0.2898 | +3.07% |
| 1 CBK | $0.5973 | $0.5795 | +3.07% |
| 5 CBK | $2.99 | $2.9 | +3.07% |
| 10 CBK | $5.97 | $5.8 | +3.07% |
| 50 CBK | $29.87 | $28.98 | +3.07% |
| 100 CBK | $59.73 | $57.95 | +3.07% |
| 500 CBK | $298.67 | $289.76 | +3.07% |
| 1000 CBK | $597.35 | $579.52 | +3.07% |
Today vs. 1 year ago
| Amount | 03:55 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CBK | $0.2987 | $0.4424 | -32.46% |
| 1 CBK | $0.5973 | $0.8848 | -32.46% |
| 5 CBK | $2.99 | $4.42 | -32.46% |
| 10 CBK | $5.97 | $8.85 | -32.46% |
| 50 CBK | $29.87 | $44.24 | -32.46% |
| 100 CBK | $59.73 | $88.48 | -32.46% |
| 500 CBK | $298.67 | $442.4 | -32.46% |
| 1000 CBK | $597.35 | $884.81 | -32.46% |
Cobak Token price prediction
What will the price of CBK be in 2025?
Based on CBK's historical price performance prediction model, the price of CBK is projected to reach $0.9365 in 2025.
What will the price of CBK be in 2030?
In 2030, the CBK price is expected to change by +7.00%. By the end of 2030, the CBK price is projected to reach $1.29, with a cumulative ROI of +81.95%.
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Popular Cobak Token conversions
Check out these popular currency conversions of Cobak Token to several fiat currencies.
Cobak Token to USD
1 CBK to $ 0.5973 USD
Cobak Token to GBP
1 CBK to £ 0.4701 GBP
Cobak Token to EUR
1 CBK to € 0.5653 EUR
Cobak Token to KRW
1 CBK to ₩ 839.32 KRW
Cobak Token to CAD
1 CBK to $ 0.8357 CAD
Cobak Token to AUD
1 CBK to $ 0.9201 AUD
Cobak Token to JPY
1 CBK to ¥ 93.02 JPY
Cobak Token to BRL
1 CBK to R$ 3.47 BRL
Cobak Token to CNY
1 CBK to ¥ 4.32 CNY
Cobak Token to TWD
1 CBK to NT$ 19.4 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Cobak Token.
EGO to PAB
1 EGO to B/. 0.02125 PAB
Super Trump Coin to PAB
1 STRUMP to B/. 0.003132 PAB
Bitcoin to PAB
1 BTC to B/. 90,058.98 PAB
SolarX to PAB
1 SXCH to B/. -- PAB
Dogecoin to PAB
1 DOGE to B/. 0.3872 PAB
Solana to PAB
1 SOL to B/. 217.41 PAB
Bonk to PAB
1 BONK to B/. 0.{4}3880 PAB
Cardano to PAB
1 ADA to B/. 0.5701 PAB
Artificial Superintelligence Alliance to PAB
1 FET to B/. 1.28 PAB
XRP to PAB
1 XRP to B/. 0.6940 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 Cobak 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 Cobak 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 Cobak 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.
