MINAR
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 Miner Arena(MINAR) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 MINAR at a value of 1 MINAR for 0.03 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 Miner Arena currency pair is the MINAR to PAB, with for Miner Arena's currency code being MINAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
MINAR to PAB conversion rate trend
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In the past 1D, Miner Arena has changed -1.81% to PAB. Based on the trend and price charts, Miner Arena(MINAR) has changed -1.81% to PAB while Panamanian Balboa(PAB) has changed % to MINAR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.02978 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 00:32:44(UTC+0)
How to buy Miner Arena
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Buy Miner Arena (MINAR)
Use a variety of payment options to buy Miner Arena on Bitget. We'll show you how.
Buy MINAR (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of MINAR with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy MINAR 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 MINAR (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of MINAR to PAB. However, you can first exchange MINAR 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 Miner Arena to Panamanian Balboa?
Miner Arena to Panamanian Balboa is rising this week.Miner Arena's current market price is B/. 0.03003 per MINAR, with a total market cap of B/. 0 PAB based on a circulating supply of -- MINAR. The trading volume of Miner Arena has changed by +8.36% (B/. 1,620.31 PAB) in the last 24 hours. Last trading day, MINAR's trading volume was B/. 19,386.51.
Market cap
$0
24h volume
$21.01K
Circulating supply
0 MINAR
Conversion tables
The exchange rate of Miner Arena is increasing.1 MINAR is currently valued at B/. 0.03003 PAB , which means buying 5 MINAR will cost B/. 0.1502 PAB . Similarly, B/.1 PAB can be traded for 33.3 MINAR, and B/.50 PAB can be converted to 1,664.79 MINAR, excluding any platform or gas fees.
The exchange rate of 1 MINAR to Panamanian Balboa has changed by +0.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.81%, reaching a high of 0.03061 PAB and a low of 0.02875 PAB . One month ago, the value of 1 MINAR was B/. 0.02299 PAB , which represents a +30.63% change from its current value. Over the last year, Miner Arena has changed by , resulting in a change of -84.19% in its value.
-B/.
0.1599PABMINAR to PAB
Amount
07:17 am today
0.5 MINAR
B/.0.01502
1 MINAR
B/.0.03003
5 MINAR
B/.0.1502
10 MINAR
B/.0.3003
50 MINAR
B/.1.5
100 MINAR
B/.3
500 MINAR
B/.15.02
1000 MINAR
B/.30.03
PAB to MINAR
Amount07:17 am today
0.5PAB16.65 MINAR
1PAB33.3 MINAR
5PAB166.48 MINAR
10PAB332.96 MINAR
50PAB1,664.79 MINAR
100PAB3,329.57 MINAR
500PAB16,647.86 MINAR
1000PAB33,295.72 MINAR
Today vs. 24 hours ago
| Amount | 07:17 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MINAR | $0.01502 | $0.01529 | -1.81% |
| 1 MINAR | $0.03003 | $0.03059 | -1.81% |
| 5 MINAR | $0.1502 | $0.1529 | -1.81% |
| 10 MINAR | $0.3003 | $0.3059 | -1.81% |
| 50 MINAR | $1.5 | $1.53 | -1.81% |
| 100 MINAR | $3 | $3.06 | -1.81% |
| 500 MINAR | $15.02 | $15.29 | -1.81% |
| 1000 MINAR | $30.03 | $30.59 | -1.81% |
Today vs. 1 month ago
| Amount | 07:17 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MINAR | $0.01502 | $0.01150 | +30.63% |
| 1 MINAR | $0.03003 | $0.02299 | +30.63% |
| 5 MINAR | $0.1502 | $0.1150 | +30.63% |
| 10 MINAR | $0.3003 | $0.2299 | +30.63% |
| 50 MINAR | $1.5 | $1.15 | +30.63% |
| 100 MINAR | $3 | $2.3 | +30.63% |
| 500 MINAR | $15.02 | $11.5 | +30.63% |
| 1000 MINAR | $30.03 | $22.99 | +30.63% |
Today vs. 1 year ago
| Amount | 07:17 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MINAR | $0.01502 | $0.09494 | -84.19% |
| 1 MINAR | $0.03003 | $0.1899 | -84.19% |
| 5 MINAR | $0.1502 | $0.9494 | -84.19% |
| 10 MINAR | $0.3003 | $1.9 | -84.19% |
| 50 MINAR | $1.5 | $9.49 | -84.19% |
| 100 MINAR | $3 | $18.99 | -84.19% |
| 500 MINAR | $15.02 | $94.94 | -84.19% |
| 1000 MINAR | $30.03 | $189.89 | -84.19% |
Miner Arena price prediction
What will the price of MINAR be in 2025?
Based on MINAR's historical price performance prediction model, the price of MINAR is projected to reach $0.06975 in 2025.
What will the price of MINAR be in 2030?
In 2030, the MINAR price is expected to change by -12.00%. By the end of 2030, the MINAR price is projected to reach $0.07482, with a cumulative ROI of +145.29%.
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Popular Miner Arena conversions
Check out these popular currency conversions of Miner Arena to several fiat currencies.
Miner Arena to USD
1 MINAR to $ 0.03003 USD
Miner Arena to GBP
1 MINAR to £ 0.02385 GBP
Miner Arena to EUR
1 MINAR to € 0.02867 EUR
Miner Arena to KRW
1 MINAR to ₩ 42.1 KRW
Miner Arena to CAD
1 MINAR to $ 0.04189 CAD
Miner Arena to AUD
1 MINAR to $ 0.04609 AUD
Miner Arena to JPY
1 MINAR to ¥ 4.63 JPY
Miner Arena to BRL
1 MINAR to R$ 0.1748 BRL
Miner Arena to CNY
1 MINAR to ¥ 0.2177 CNY
Miner Arena to TWD
1 MINAR to NT$ 0.9742 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Miner Arena.
Bitcoin to PAB
1 BTC to B/. 98,276.53 PAB
MAD to PAB
1 MAD to B/. 0.{4}4561 PAB
Stellar to PAB
1 XLM to B/. 0.5156 PAB
EGO to PAB
1 EGO to B/. 0.02057 PAB
Cardano to PAB
1 ADA to B/. 1.04 PAB
Puffer to PAB
1 PUFFER to B/. -- PAB
XRP to PAB
1 XRP to B/. 1.46 PAB
Just a chill guy to PAB
1 CHILLGUY to B/. 0.4367 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4251 PAB
The Sandbox to PAB
1 SAND to B/. 0.7652 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 Miner Arena 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 Miner Arena 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 Miner Arena 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.
