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Nimiq to Panamanian Balboa (NIM to PAB)

NIM to PAB Converter and calculator

NIM/PAB: 1 NIM = 0.0006938 PAB. The price of converting 1 Nimiq (NIM) to Panamanian Balboa (PAB) is 0.0006938 PAB today.
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PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NIM to PAB real-time exchange rates, making it easy to convert Nimiq (NIM) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 NIM is currently valued at 0.0006938 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NIM is currently valued at 0.0006938 PAB, which means buying 5 NIM would cost 0.003469 PAB. Similarly, B/.1 PAB can be converted to 1,441.4 NIM, and B/.50 PAB can be converted to 7,207 NIM, excluding any platform or gas fees.

Convert NIM to PAB

Convert PAB to NIM

Nimiq
Panamanian Balboa
1 NIM
0.0006938  PAB
Exchange 1 NIM for 0.0006938 PAB
2 NIM
0.001388  PAB
Exchange 2 NIM for 0.001388 PAB
5 NIM
0.003469  PAB
Exchange 5 NIM for 0.003469 PAB
10 NIM
0.006938  PAB
Exchange 10 NIM for 0.006938 PAB
20 NIM
0.01388  PAB
Exchange 20 NIM for 0.01388 PAB
50 NIM
0.03469  PAB
Exchange 50 NIM for 0.03469 PAB
100 NIM
0.06938  PAB
Exchange 100 NIM for 0.06938 PAB
200 NIM
0.1388  PAB
Exchange 200 NIM for 0.1388 PAB
500 NIM
0.3469  PAB
Exchange 500 NIM for 0.3469 PAB
1000 NIM
0.6938  PAB
Exchange 1000 NIM for 0.6938 PAB
5000 NIM
3.47  PAB
Exchange 5000 NIM for 3.47 PAB
10000 NIM
6.94  PAB
Exchange 10000 NIM for 6.94 PAB
In the table above, you'll find a comprehensive NIM to PAB converter that shows the value of Nimiq in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 NIM to PAB, all the way up to 10000 NIM, providing a clear view of their respective values.
Panamanian Balboa
Nimiq
1 PAB
1,441.4 NIM
Exchange 1 PAB for 1,441.4 NIM
10 PAB
14,413.99 NIM
Exchange 10 PAB for 14,413.99 NIM
50 PAB
72,069.96 NIM
Exchange 50 PAB for 72,069.96 NIM
100 PAB
144,139.91 NIM
Exchange 100 PAB for 144,139.91 NIM
200 PAB
288,279.83 NIM
Exchange 200 PAB for 288,279.83 NIM
500 PAB
720,699.57 NIM
Exchange 500 PAB for 720,699.57 NIM
1000 PAB
1,441,399.14 NIM
Exchange 1000 PAB for 1,441,399.14 NIM
2000 PAB
2,882,798.28 NIM
Exchange 2000 PAB for 2,882,798.28 NIM
5000 PAB
7,206,995.7 NIM
Exchange 5000 PAB for 7,206,995.7 NIM
10000 PAB
14,413,991.4 NIM
Exchange 10000 PAB for 14,413,991.4 NIM
50000 PAB
72,069,956.98 NIM
Exchange 50000 PAB for 72,069,956.98 NIM
100000 PAB
144,139,913.96 NIM
Exchange 100000 PAB for 144,139,913.96 NIM
In the table above, you'll find a comprehensive PAB to NIM converter that shows the value of Panamanian Balboa in Nimiq across commonly used conversion amounts. The list covers conversions from 1 PAB to NIM, all the way up to 100000 PAB, providing a clear view of their respective values.

NIM to PAB chart

NIM/PAB: 1 NIM = 0.0006938 PAB; 2025/12/28 09:03:18
In the past 1D, Nimiq has changed +0.36% to PAB. Based on the trend and price charts, Nimiq(NIM) has changed +0.36% to PAB while Panamanian Balboa(PAB) has changed % to NIM in the last 24 hours.
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NIM to PAB conversion data: Volatility and price changes of in PAB

The highest price in PAB over the past 7 days was 0.0006956 PAB while the lowest price in PAB over the past 7 days was 0.0006343 PAB. The relative change between the highs and lows in price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and NIM 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
0.0006952 PAB
0.0006956 PAB
0.0007620 PAB
0.0007620 PAB
Low
0.0006887 PAB
0.0006343 PAB
0.0005980 PAB
0.0005434 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
+0.36%
+5.79%
+3.71%
+10.10%

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Nimiq information

NIM to PAB market statistics

NIM/PAB:
B/.0.0006938
NIM 24h volume:
B/.86,478.97
NIM market cap:
B/.9,506,076.73
NIM circulating supply:
13.70B NIM

Current NIM to PAB exchange rate

Nimiq to Panamanian Balboa is rising this week.
Nimiq's current market price is B/.0.0006938 per NIM, with a total market cap of B/.9,506,076.73 PAB based on a circulating supply of 13,702,051,000 NIM. The trading volume of Nimiq has changed by -10.13% (B/.-9,747.13 PAB) in the last 24 hours. Last trading day, NIM's trading volume was B/.96,226.1.

More info about Nimiq 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 Nimiq currency pair is the NIM to PAB, with for Nimiq's currency code being NIM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert NIM to PAB

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NIM to PAB Conversion tables

The exchange rate of Nimiq is increasing.
The exchange rate of 1 NIM to Panamanian Balboa has changed by +5.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.36%, reaching a high of 0.0006952 PAB and a low of 0.0006887 PAB . One month ago, the value of 1 NIM was B/.0.0006689 PAB , which represents a +3.71% change from its current value. Over the last year, Nimiq has changed by
-B/.
0.0008056PAB
, resulting in a change of -53.70% in its value.
24 hours ago1 month ago1 year ago
Amount 09:03 am today 24 hours ago 24h change
0.5 NIM
B/.0.0003469B/.0.0003457
+0.36%
1 NIM
B/.0.0006938B/.0.0006913
+0.36%
5 NIM
B/.0.003469B/.0.003457
+0.36%
10 NIM
B/.0.006938B/.0.006913
+0.36%
50 NIM
B/.0.03469B/.0.03457
+0.36%
100 NIM
B/.0.06938B/.0.06913
+0.36%
500 NIM
B/.0.3469B/.0.3457
+0.36%
1000 NIM
B/.0.6938B/.0.6913
+0.36%

NIM to PAB FAQ

How much is 1 Nimiq in PAB?
Right now, the price of 1 Nimiq (NIM) in Panamanian Balboa (PAB) is B/.0.0006938.
How much NIM can I buy for 1 PAB?
Based on the current exchange rate, you can get 1,441.4 NIM for 1 PAB.
How do I calculate or convert NIM to PAB?
You can use our NIM to PAB calculator at the top of this page to convert any amount of NIM to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 7,207 NIM, while 5 NIM will cost around 0.003469PAB.
What is the highest price of NIM/PAB in history?
The all-time high price of 1 NIM in PAB is B/.0.03470. It remains to be seen if the value of 1 NIM/PAB will exceed the current all-time high.
What is the price trend of in PAB?
Over the past 7 days, the exchange rate of Nimiq (NIM) has gone up by 5.79%.   Over the last month, the exchange rate of Nimiq (NIM) has gone up by 3.71% against Panamanian Balboa (PAB).

What factors influence the conversion rate of NIM to PAB?

There are many factors that affect the relationship between Nimiq 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 NIM/PAB. When there is positive news in the market about the widespread adoption of NIM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NIM/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NIM/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 NIM/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 Nimiq 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 Nimiq currency pairs: NIM to US Dollar (USD), NIM to Euro (EUR), NIM to Pound Sterling (GBP), NIM to Canadian Dollar (CAD), NIM to Indian Rupee (INR), NIM to Pakistani Rupee (PKR), NIM to Brazilian Real (BRL), NIM to…
The price of Nimiq in the US is $0.0006938 USD. Additionally, Nimiq’s price is €0.0005891 EUR in the eurozone, £0.0005133 GBP in the UK, C$0.0009492 CAD in Canada, ₹0.06231 INR in India, ₨0.1944 PKR in Pakistan, R$0.003846 BRL in Brazil, and more.
The most popular Nimiq currency pair is the NIM to Panamanian Balboa(PAB). The price of 1 Nimiq (NIM) in Panamanian Balboa (PAB) is B/.0.0006938.

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