OLY
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 Olyverse(OLY) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 OLY at a value of 1 OLY 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 Olyverse currency pair is the OLY to PAB, with for Olyverse's currency code being OLY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
OLY to PAB conversion rate trend
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In the past 1D, Olyverse has changed -1.86% to PAB. Based on the trend and price charts, Olyverse(OLY) has changed -1.86% to PAB while Panamanian Balboa(PAB) has changed % to OLY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.0004156 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | B/.0.0002740 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/24 08:00:15(UTC+0)
How to buy Olyverse
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 Olyverse (OLY)
Use a variety of payment options to buy Olyverse on Bitget. We'll show you how.
Buy OLY (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of OLY with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy OLY 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 OLY (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of OLY to PAB. However, you can first exchange OLY 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 Olyverse to Panamanian Balboa?
Olyverse to Panamanian Balboa is falling this week.Olyverse's current market price is B/. 0.0004216 per OLY, with a total market cap of B/. 567,933.1 PAB based on a circulating supply of 1,347,029,000 OLY. The trading volume of Olyverse has changed by +7.33% (B/. 49.62 PAB) in the last 24 hours. Last trading day, OLY's trading volume was B/. 676.93.
Market cap
$567.93K
24h volume
$726.55391419
Circulating supply
1.35B OLY
Conversion tables
The exchange rate of Olyverse is increasing.1 OLY is currently valued at B/. 0.0004216 PAB , which means buying 5 OLY will cost B/. 0.002108 PAB . Similarly, B/.1 PAB can be traded for 2,371.81 OLY, and B/.50 PAB can be converted to 118,590.47 OLY, excluding any platform or gas fees.
The exchange rate of 1 OLY to Panamanian Balboa has changed by -31.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.86%, reaching a high of 0.0004769 PAB and a low of 0.0004078 PAB . One month ago, the value of 1 OLY was B/. 0.0002262 PAB , which represents a +89.71% change from its current value. Over the last year, Olyverse has changed by , resulting in a change of -32.80% in its value.
-B/.
0.0002016PABOLY to PAB
Amount
14:14 today
0.5 OLY
B/.0.0002108
1 OLY
B/.0.0004216
5 OLY
B/.0.002108
10 OLY
B/.0.004216
50 OLY
B/.0.02108
100 OLY
B/.0.04216
500 OLY
B/.0.2108
1000 OLY
B/.0.4216
PAB to OLY
Amount14:14 today
0.5PAB1,185.9 OLY
1PAB2,371.81 OLY
5PAB11,859.05 OLY
10PAB23,718.09 OLY
50PAB118,590.47 OLY
100PAB237,180.94 OLY
500PAB1,185,904.7 OLY
1000PAB2,371,809.39 OLY
Today vs. 24 hours ago
| Amount | 14:14 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OLY | $0.0002108 | $0.0002147 | -1.86% |
| 1 OLY | $0.0004216 | $0.0004294 | -1.86% |
| 5 OLY | $0.002108 | $0.002147 | -1.86% |
| 10 OLY | $0.004216 | $0.004294 | -1.86% |
| 50 OLY | $0.02108 | $0.02147 | -1.86% |
| 100 OLY | $0.04216 | $0.04294 | -1.86% |
| 500 OLY | $0.2108 | $0.2147 | -1.86% |
| 1000 OLY | $0.4216 | $0.4294 | -1.86% |
Today vs. 1 month ago
| Amount | 14:14 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OLY | $0.0002108 | $0.0001131 | +89.71% |
| 1 OLY | $0.0004216 | $0.0002262 | +89.71% |
| 5 OLY | $0.002108 | $0.001131 | +89.71% |
| 10 OLY | $0.004216 | $0.002262 | +89.71% |
| 50 OLY | $0.02108 | $0.01131 | +89.71% |
| 100 OLY | $0.04216 | $0.02262 | +89.71% |
| 500 OLY | $0.2108 | $0.1131 | +89.71% |
| 1000 OLY | $0.4216 | $0.2262 | +89.71% |
Today vs. 1 year ago
| Amount | 14:14 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OLY | $0.0002108 | $0.0003116 | -32.80% |
| 1 OLY | $0.0004216 | $0.0006233 | -32.80% |
| 5 OLY | $0.002108 | $0.003116 | -32.80% |
| 10 OLY | $0.004216 | $0.006233 | -32.80% |
| 50 OLY | $0.02108 | $0.03116 | -32.80% |
| 100 OLY | $0.04216 | $0.06233 | -32.80% |
| 500 OLY | $0.2108 | $0.3116 | -32.80% |
| 1000 OLY | $0.4216 | $0.6233 | -32.80% |
Olyverse price prediction
What will the price of OLY be in 2025?
Based on OLY's historical price performance prediction model, the price of OLY is projected to reach $0.0006363 in 2025.
What will the price of OLY be in 2030?
In 2030, the OLY price is expected to change by -20.00%. By the end of 2030, the OLY price is projected to reach $0.0009607, with a cumulative ROI of +154.75%.
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Popular Olyverse conversions
Check out these popular currency conversions of Olyverse to several fiat currencies.
Olyverse to USD
1 OLY to $ 0.0004216 USD
Olyverse to GBP
1 OLY to £ 0.0003365 GBP
Olyverse to EUR
1 OLY to € 0.0004047 EUR
Olyverse to KRW
1 OLY to ₩ 0.5922 KRW
Olyverse to CAD
1 OLY to $ 0.0005916 CAD
Olyverse to AUD
1 OLY to $ 0.0006483 AUD
Olyverse to JPY
1 OLY to ¥ 0.06525 JPY
Olyverse to BRL
1 OLY to R$ 0.002446 BRL
Olyverse to CNY
1 OLY to ¥ 0.003057 CNY
Olyverse to TWD
1 OLY to NT$ 0.01374 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Olyverse.
Bitcoin to PAB
1 BTC to B/. 97,085.72 PAB
MAD to PAB
1 MAD to B/. 0.{4}3728 PAB
XRP to PAB
1 XRP to B/. 1.36 PAB
Stellar to PAB
1 XLM to B/. 0.5130 PAB
Kusama to PAB
1 KSM to B/. 38.67 PAB
Dogecoin to PAB
1 DOGE to B/. 0.4132 PAB
Hedera to PAB
1 HBAR to B/. 0.1420 PAB
Cardano to PAB
1 ADA to B/. 0.9894 PAB
Polkadot to PAB
1 DOT to B/. 8.63 PAB
Solana to PAB
1 SOL to B/. 246.4 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 Olyverse 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 Olyverse 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 Olyverse 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.
