UIM
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 UNIVERSE ISLAND(UIM) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 UIM at a value of 1 UIM 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 UNIVERSE ISLAND currency pair is the UIM to PAB, with for UNIVERSE ISLAND's currency code being UIM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
UIM to PAB conversion rate trend
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In the past 1D, UNIVERSE ISLAND has changed -3.52% to PAB. Based on the trend and price charts, UNIVERSE ISLAND(UIM) has changed -3.52% to PAB while Panamanian Balboa(PAB) has changed % to UIM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.{5}1952 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/07/04 10:35:00(UTC+0)
How to buy UNIVERSE ISLAND
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Buy UNIVERSE ISLAND (UIM)
Use a variety of payment options to buy UNIVERSE ISLAND on Bitget. We'll show you how.
Buy UIM (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of UIM with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy UIM with USDT via Bitget spot market.
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Sell UIM (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of UIM to PAB. However, you can first exchange UIM for USDT in the Bitget spot market, and then sell USDT to PAB in Bitget P2P trading.
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What factors influence the conversion rate of UNIVERSE ISLAND to Panamanian Balboa?
UNIVERSE ISLAND to Panamanian Balboa is falling this week.UNIVERSE ISLAND's current market price is B/. 0.{5}1952 per UIM, with a total market cap of B/. 0 PAB based on a circulating supply of -- UIM. The trading volume of UNIVERSE ISLAND has changed by 0.00% (B/. 0 PAB) in the last 24 hours. Last trading day, UIM's trading volume was B/. 4.54.
Market cap
$0
24h volume
$4.53582837
Circulating supply
0 UIM
Conversion tables
The exchange rate of UNIVERSE ISLAND is increasing.1 UIM is currently valued at B/. 0.{5}1952 PAB , which means buying 5 UIM will cost B/. 0.{5}9758 PAB . Similarly, B/.1 PAB can be traded for 512,394.04 UIM, and B/.50 PAB can be converted to 25,619,702.17 UIM, excluding any platform or gas fees.
The exchange rate of 1 UIM to Panamanian Balboa has changed by -25.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.52%, reaching a high of 0.{5}2604 PAB and a low of 0.{5}2510 PAB . One month ago, the value of 1 UIM was B/. 0.{6}8920 PAB , which represents a +73.00% change from its current value. Over the last year, UNIVERSE ISLAND has changed by , resulting in a change of -51.54% in its value.
-B/.
0.{5}2670PABUIM to PAB
Amount
10:35 am today
0.5 UIM
B/.0.{6}9758
1 UIM
B/.0.{5}1952
5 UIM
B/.0.{5}9758
10 UIM
B/.0.{4}1952
50 UIM
B/.0.{4}9758
100 UIM
B/.0.0001952
500 UIM
B/.0.0009758
1000 UIM
B/.0.001952
PAB to UIM
Amount10:35 am today
0.5PAB256,197.02 UIM
1PAB512,394.04 UIM
5PAB2,561,970.22 UIM
10PAB5,123,940.43 UIM
50PAB25,619,702.17 UIM
100PAB51,239,404.33 UIM
500PAB256,197,021.66 UIM
1000PAB512,394,043.32 UIM
Today vs. 24 hours ago
| Amount | 10:35 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 UIM | $0.{6}9758 | $0.{5}1022 | -3.52% |
| 1 UIM | $0.{5}1952 | $0.{5}2043 | -3.52% |
| 5 UIM | $0.{5}9758 | $0.{4}1022 | -3.52% |
| 10 UIM | $0.{4}1952 | $0.{4}2043 | -3.52% |
| 50 UIM | $0.{4}9758 | $0.0001022 | -3.52% |
| 100 UIM | $0.0001952 | $0.0002043 | -3.52% |
| 500 UIM | $0.0009758 | $0.001022 | -3.52% |
| 1000 UIM | $0.001952 | $0.002043 | -3.52% |
Today vs. 1 month ago
| Amount | 10:35 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 UIM | $0.{6}9758 | $0.{6}4460 | +73.00% |
| 1 UIM | $0.{5}1952 | $0.{6}8920 | +73.00% |
| 5 UIM | $0.{5}9758 | $0.{5}4460 | +73.00% |
| 10 UIM | $0.{4}1952 | $0.{5}8920 | +73.00% |
| 50 UIM | $0.{4}9758 | $0.{4}4460 | +73.00% |
| 100 UIM | $0.0001952 | $0.{4}8920 | +73.00% |
| 500 UIM | $0.0009758 | $0.0004460 | +73.00% |
| 1000 UIM | $0.001952 | $0.0008920 | +73.00% |
Today vs. 1 year ago
| Amount | 10:35 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 UIM | $0.{6}9758 | $0.{5}2311 | -51.54% |
| 1 UIM | $0.{5}1952 | $0.{5}4622 | -51.54% |
| 5 UIM | $0.{5}9758 | $0.{4}2311 | -51.54% |
| 10 UIM | $0.{4}1952 | $0.{4}4622 | -51.54% |
| 50 UIM | $0.{4}9758 | $0.0002311 | -51.54% |
| 100 UIM | $0.0001952 | $0.0004622 | -51.54% |
| 500 UIM | $0.0009758 | $0.002311 | -51.54% |
| 1000 UIM | $0.001952 | $0.004622 | -51.54% |
UNIVERSE ISLAND price prediction
What will the price of UIM be in 2025?
Based on UIM's historical price performance prediction model, the price of UIM is projected to reach $0.{5}1486 in 2025.
What will the price of UIM be in 2030?
In 2030, the UIM price is expected to change by +3.00%. By the end of 2030, the UIM price is projected to reach $0.{5}1604, with a cumulative ROI of -17.82%.
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Popular UNIVERSE ISLAND conversions
Check out these popular currency conversions of UNIVERSE ISLAND to several fiat currencies.
UNIVERSE ISLAND to USD
1 UIM to $ 0.{5}1952 USD
UNIVERSE ISLAND to GBP
1 UIM to £ 0.{5}1530 GBP
UNIVERSE ISLAND to EUR
1 UIM to € 0.{5}1808 EUR
UNIVERSE ISLAND to KRW
1 UIM to ₩ 0.002695 KRW
UNIVERSE ISLAND to CAD
1 UIM to $ 0.{5}2659 CAD
UNIVERSE ISLAND to AUD
1 UIM to $ 0.{5}2901 AUD
UNIVERSE ISLAND to JPY
1 UIM to ¥ 0.0003145 JPY
UNIVERSE ISLAND to BRL
1 UIM to R$ 0.{4}1085 BRL
UNIVERSE ISLAND to CNY
1 UIM to ¥ 0.{4}1422 CNY
UNIVERSE ISLAND to TWD
1 UIM to NT$ 0.{4}6339 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in UNIVERSE ISLAND.
5ire to PAB
1 5IRE to B/. 0.03027 PAB
Bitcoin to PAB
1 BTC to B/. 57,559.25 PAB
Super Trump to PAB
1 STRUMP to B/. 0.008831 PAB
Solana to PAB
1 SOL to B/. 132.59 PAB
AMC to PAB
1 AMC to B/. -- PAB
Flare to PAB
1 FLR to B/. 0.02175 PAB
Notcoin to PAB
1 NOT to B/. 0.01195 PAB
Aave to PAB
1 AAVE to B/. 83.4 PAB
Toncoin to PAB
1 TON to B/. 7.2 PAB
Ondo to PAB
1 ONDO to B/. 1.08 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 UNIVERSE ISLAND 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 UNIVERSE ISLAND 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 UNIVERSE ISLAND 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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