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VELVET to PAB Converter and calculator

VELVET/PAB: 1 VELVET = 0.06389 PAB. The price of converting 1 Velvet (VELVET) to Panamanian Balboa (PAB) is 0.06389 PAB today.
VELVET
VELVET
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VELVET to PAB real-time exchange rates, making it easy to convert Velvet (VELVET) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 VELVET is currently valued at 0.06389 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELVET is currently valued at 0.06389 PAB, which means buying 5 VELVET would cost 0.3195 PAB. Similarly, B/.1 PAB can be converted to 15.65 VELVET, and B/.50 PAB can be converted to 78.26 VELVET, excluding any platform or gas fees.

Convert VELVET to PAB

Convert PAB to VELVET

Velvet
Panamanian Balboa
1 VELVET
0.06389  PAB
Exchange 1 VELVET for 0.06389 PAB
2 VELVET
0.1278  PAB
Exchange 2 VELVET for 0.1278 PAB
5 VELVET
0.3195  PAB
Exchange 5 VELVET for 0.3195 PAB
10 VELVET
0.6389  PAB
Exchange 10 VELVET for 0.6389 PAB
20 VELVET
1.28  PAB
Exchange 20 VELVET for 1.28 PAB
50 VELVET
3.19  PAB
Exchange 50 VELVET for 3.19 PAB
100 VELVET
6.39  PAB
Exchange 100 VELVET for 6.39 PAB
200 VELVET
12.78  PAB
Exchange 200 VELVET for 12.78 PAB
500 VELVET
31.95  PAB
Exchange 500 VELVET for 31.95 PAB
1000 VELVET
63.89  PAB
Exchange 1000 VELVET for 63.89 PAB
5000 VELVET
319.46  PAB
Exchange 5000 VELVET for 319.46 PAB
10000 VELVET
638.91  PAB
Exchange 10000 VELVET for 638.91 PAB
In the table above, you'll find a comprehensive VELVET to PAB converter that shows the value of Velvet in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 VELVET to PAB, all the way up to 10000 VELVET, providing a clear view of their respective values.
Panamanian Balboa
Velvet
1 PAB
15.65 VELVET
Exchange 1 PAB for 15.65 VELVET
10 PAB
156.52 VELVET
Exchange 10 PAB for 156.52 VELVET
50 PAB
782.58 VELVET
Exchange 50 PAB for 782.58 VELVET
100 PAB
1,565.16 VELVET
Exchange 100 PAB for 1,565.16 VELVET
200 PAB
3,130.32 VELVET
Exchange 200 PAB for 3,130.32 VELVET
500 PAB
7,825.79 VELVET
Exchange 500 PAB for 7,825.79 VELVET
1000 PAB
15,651.59 VELVET
Exchange 1000 PAB for 15,651.59 VELVET
2000 PAB
31,303.18 VELVET
Exchange 2000 PAB for 31,303.18 VELVET
5000 PAB
78,257.94 VELVET
Exchange 5000 PAB for 78,257.94 VELVET
10000 PAB
156,515.88 VELVET
Exchange 10000 PAB for 156,515.88 VELVET
50000 PAB
782,579.41 VELVET
Exchange 50000 PAB for 782,579.41 VELVET
100000 PAB
1,565,158.81 VELVET
Exchange 100000 PAB for 1,565,158.81 VELVET
In the table above, you'll find a comprehensive PAB to VELVET converter that shows the value of Panamanian Balboa in Velvet across commonly used conversion amounts. The list covers conversions from 1 PAB to VELVET, all the way up to 100000 PAB, providing a clear view of their respective values.

VELVET to PAB chart

VELVET/PAB: 1 VELVET = 0.06389 PAB; 2025/07/17 18:04:46
In the past 1D, Velvet has changed +9.16% to PAB. Based on the trend and price charts, Velvet(VELVET) has changed +9.16% to PAB while Panamanian Balboa(PAB) has changed % to VELVET in the last 24 hours.
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VELVET to PAB conversion data: Volatility and price changes of Velvet in PAB

The highest Velvet price in PAB over the past 7 days was 0.08745 PAB while the lowest Velvet price in PAB over the past 7 days was 0.04505 PAB. The relative change between the highs and lows in Velvet price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and VELVET to PAB prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.06658 PAB
0.08745 PAB
0.08745 PAB
0.08745 PAB
Low
0.05484 PAB
0.04505 PAB
0.03206 PAB
0.03206 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
+9.16%
-4.77%
+15.54%
-11.73%

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Velvet information

VELVET to PAB market statistics

VELVET/PAB:
B/.0.06389
VELVET 24h volume:
B/.37,606,374.58
VELVET market cap:
B/.15,862,074.88
VELVET circulating supply:
248.27M VELVET

Current VELVET to PAB exchange rate

Velvet to Panamanian Balboa is falling this week.
Velvet's current market price is B/.0.06389 per VELVET, with a total market cap of B/.15,862,074.88 PAB based on a circulating supply of 248,266,670 VELVET. The trading volume of Velvet has changed by +26.04% (B/.7,768,452.26 PAB) in the last 24 hours. Last trading day, VELVET's trading volume was B/.29,837,922.32.

More info about Velvet on Bitget

Panamanian Balboa 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 Velvet currency pair is the VELVET to PAB, with for Velvet's currency code being VELVET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert VELVET to PAB

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VELVET to PAB Conversion tables

The exchange rate of Velvet is increasing.
The exchange rate of 1 VELVET to Panamanian Balboa has changed by -4.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.16%, reaching a high of 0.06658 PAB and a low of 0.05484 PAB . One month ago, the value of 1 VELVET was B/.0.0001010 PAB , which represents a +15.54% change from its current value. Over the last year, Velvet has changed by
+B/.
0.06379PAB
, resulting in a change of +27.26% in its value.
24 hours ago1 month ago1 year ago
Amount 18:04 today 24 hours ago 24h change
0.5 VELVET
B/.0.03195B/.0.02927
+9.16%
1 VELVET
B/.0.06389B/.0.05854
+9.16%
5 VELVET
B/.0.3195B/.0.2927
+9.16%
10 VELVET
B/.0.6389B/.0.5854
+9.16%
50 VELVET
B/.3.19B/.2.93
+9.16%
100 VELVET
B/.6.39B/.5.85
+9.16%
500 VELVET
B/.31.95B/.29.27
+9.16%
1000 VELVET
B/.63.89B/.58.54
+9.16%

VELVET to PAB FAQ

How much is 1 Velvet in PAB?
Right now, the price of 1 Velvet (VELVET) in Panamanian Balboa (PAB) is B/.0.06389.
How much VELVET can I buy for 1 PAB?
Based on the current exchange rate, you can get 15.65 VELVET for 1 PAB.
How do I calculate or convert VELVET to PAB?
You can use our VELVET to PAB calculator at the top of this page to convert any amount of VELVET to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 78.26 VELVET, while 5 VELVET will cost around 0.3195PAB.
What is the highest price of VELVET/PAB in history?
The all-time high price of 1 VELVET in PAB is B/.0.08745. It remains to be seen if the value of 1 VELVET/PAB will exceed the current all-time high.
What is the price trend of Velvet in PAB?
Over the past 7 days, the exchange rate of Velvet (VELVET) has gone down by 4.77%.   Over the last month, the exchange rate of Velvet (VELVET) has gone up by 15.54% against Panamanian Balboa (PAB).

What factors influence the conversion rate of VELVET to PAB?

There are many factors that affect the relationship between Velvet and Panamanian Balboa, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of VELVET/PAB. When there is positive news in the market about the widespread adoption of VELVET or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VELVET/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VELVET/PAB.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of VELVET/PAB. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Velvet and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Velvet currency pairs: VELVET to US Dollar (USD), VELVET to Euro (EUR), VELVET to Pound Sterling (GBP), VELVET to Canadian Dollar (CAD), VELVET to Indian Rupee (INR), VELVET to Pakistani Rupee (PKR), VELVET to Brazilian Real (BRL), VELVET to…
The price of Velvet in the US is $0.06389 USD. Additionally, Velvet’s price is €0.05510 EUR in the eurozone, £0.04764 GBP in the UK, C$0.08783 CAD in Canada, ₹5.5 INR in India, ₨18.21 PKR in Pakistan, R$0.3557 BRL in Brazil, and more.
The most popular Velvet currency pair is the VELVET to Panamanian Balboa(PAB). The price of 1 Velvet (VELVET) in Panamanian Balboa (PAB) is B/.0.06389.

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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.