ELET
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 Elementeum(ELET) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 ELET at a value of 1 ELET 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 Elementeum currency pair is the ELET to PAB, with for Elementeum's currency code being ELET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
ELET to PAB conversion rate trend
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In the past 1D, Elementeum has changed +1.02% to PAB. Based on the trend and price charts, Elementeum(ELET) has changed +1.02% to PAB while Panamanian Balboa(PAB) has changed % to ELET in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.0005936 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/14 08:31:46(UTC+0)
How to buy Elementeum
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Elementeum (ELET)
Use a variety of payment options to buy Elementeum on Bitget. We'll show you how.
Buy ELET (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of ELET with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy ELET 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 ELET (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of ELET to PAB. However, you can first exchange ELET 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 Elementeum to Panamanian Balboa?
Elementeum to Panamanian Balboa is rising this week.Elementeum's current market price is B/. 0.0005759 per ELET, with a total market cap of B/. 3,007.93 PAB based on a circulating supply of 5,223,113.5 ELET. The trading volume of Elementeum has changed by +0.73% (B/. 0.1254 PAB) in the last 24 hours. Last trading day, ELET's trading volume was B/. 17.25.
Market cap
$3.01K
24h volume
$17.37426223
Circulating supply
5.22M ELET
Conversion tables
The exchange rate of Elementeum is decreasing.1 ELET is currently valued at B/. 0.0005759 PAB , which means buying 5 ELET will cost B/. 0.002879 PAB . Similarly, B/.1 PAB can be traded for 1,736.45 ELET, and B/.50 PAB can be converted to 86,822.48 ELET, excluding any platform or gas fees.
The exchange rate of 1 ELET to Panamanian Balboa has changed by +8.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.02%, reaching a high of 0.0006071 PAB and a low of 0.0005671 PAB . One month ago, the value of 1 ELET was B/. 0.001250 PAB , which represents a -53.93% change from its current value. Over the last year, Elementeum has changed by , resulting in a change of -45.09% in its value.
-B/.
0.0004727PABELET to PAB
Amount
13:05 today
0.5 ELET
B/.0.0002879
1 ELET
B/.0.0005759
5 ELET
B/.0.002879
10 ELET
B/.0.005759
50 ELET
B/.0.02879
100 ELET
B/.0.05759
500 ELET
B/.0.2879
1000 ELET
B/.0.5759
PAB to ELET
Amount13:05 today
0.5PAB868.22 ELET
1PAB1,736.45 ELET
5PAB8,682.25 ELET
10PAB17,364.5 ELET
50PAB86,822.48 ELET
100PAB173,644.95 ELET
500PAB868,224.77 ELET
1000PAB1,736,449.54 ELET
Today vs. 24 hours ago
| Amount | 13:05 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ELET | $0.0002879 | $0.0002850 | +1.02% |
| 1 ELET | $0.0005759 | $0.0005701 | +1.02% |
| 5 ELET | $0.002879 | $0.002850 | +1.02% |
| 10 ELET | $0.005759 | $0.005701 | +1.02% |
| 50 ELET | $0.02879 | $0.02850 | +1.02% |
| 100 ELET | $0.05759 | $0.05701 | +1.02% |
| 500 ELET | $0.2879 | $0.2850 | +1.02% |
| 1000 ELET | $0.5759 | $0.5701 | +1.02% |
Today vs. 1 month ago
| Amount | 13:05 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ELET | $0.0002879 | $0.0006249 | -53.93% |
| 1 ELET | $0.0005759 | $0.001250 | -53.93% |
| 5 ELET | $0.002879 | $0.006249 | -53.93% |
| 10 ELET | $0.005759 | $0.01250 | -53.93% |
| 50 ELET | $0.02879 | $0.06249 | -53.93% |
| 100 ELET | $0.05759 | $0.1250 | -53.93% |
| 500 ELET | $0.2879 | $0.6249 | -53.93% |
| 1000 ELET | $0.5759 | $1.25 | -53.93% |
Today vs. 1 year ago
| Amount | 13:05 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ELET | $0.0002879 | $0.0005243 | -45.09% |
| 1 ELET | $0.0005759 | $0.001049 | -45.09% |
| 5 ELET | $0.002879 | $0.005243 | -45.09% |
| 10 ELET | $0.005759 | $0.01049 | -45.09% |
| 50 ELET | $0.02879 | $0.05243 | -45.09% |
| 100 ELET | $0.05759 | $0.1049 | -45.09% |
| 500 ELET | $0.2879 | $0.5243 | -45.09% |
| 1000 ELET | $0.5759 | $1.05 | -45.09% |
Elementeum price prediction
What will the price of ELET be in 2025?
Based on ELET's historical price performance prediction model, the price of ELET is projected to reach $0.0002701 in 2025.
What will the price of ELET be in 2030?
In 2030, the ELET price is expected to change by +6.00%. By the end of 2030, the ELET price is projected to reach $0.0006121, with a cumulative ROI of +11.30%.
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Popular Elementeum conversions
Check out these popular currency conversions of Elementeum to several fiat currencies.
Elementeum to USD
1 ELET to $ 0.0005759 USD
Elementeum to GBP
1 ELET to £ 0.0004550 GBP
Elementeum to EUR
1 ELET to € 0.0005473 EUR
Elementeum to KRW
1 ELET to ₩ 0.8109 KRW
Elementeum to CAD
1 ELET to $ 0.0008064 CAD
Elementeum to AUD
1 ELET to $ 0.0008908 AUD
Elementeum to JPY
1 ELET to ¥ 0.08990 JPY
Elementeum to BRL
1 ELET to R$ 0.003358 BRL
Elementeum to CNY
1 ELET to ¥ 0.004173 CNY
Elementeum to TWD
1 ELET to NT$ 0.01878 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Elementeum.
EGO to PAB
1 EGO to B/. 0.02175 PAB
Credefi to PAB
1 CREDI to B/. 0.01708 PAB
XODEX to PAB
1 XODEX to B/. 0.0003711 PAB
Peanut the Squirrel to PAB
1 PNUT to B/. 1.9 PAB
dogwifhat to PAB
1 WIF to B/. 4.04 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}2148 PAB
Mog Coin to PAB
1 MOG to B/. 0.{5}2404 PAB
Bitcoin to PAB
1 BTC to B/. 91,305.72 PAB
Popcat (SOL) to PAB
1 POPCAT to B/. 1.81 PAB
SolarX to PAB
1 SXCH to B/. 0.02059 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 Elementeum 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 Elementeum 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 Elementeum 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.
