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Gelato to Panamanian Balboa (GEL to PAB)

GEL to PAB Converter and calculator

GEL/PAB: 1 GEL = 0.004914 PAB. The price of converting 1 Gelato (GEL) to Panamanian Balboa (PAB) is 0.004914 PAB today.
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GEL
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GEL to PAB real-time exchange rates, making it easy to convert Gelato (GEL) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 GEL is currently valued at 0.004914 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GEL is currently valued at 0.004914 PAB, which means buying 5 GEL would cost 0.02457 PAB. Similarly, B/.1 PAB can be converted to 203.51 GEL, and B/.50 PAB can be converted to 1,017.54 GEL, excluding any platform or gas fees.

Convert GEL to PAB

Convert PAB to GEL

Gelato
Panamanian Balboa
1 GEL
0.004914  PAB
Exchange 1 GEL for 0.004914 PAB
2 GEL
0.009828  PAB
Exchange 2 GEL for 0.009828 PAB
5 GEL
0.02457  PAB
Exchange 5 GEL for 0.02457 PAB
10 GEL
0.04914  PAB
Exchange 10 GEL for 0.04914 PAB
20 GEL
0.09828  PAB
Exchange 20 GEL for 0.09828 PAB
50 GEL
0.2457  PAB
Exchange 50 GEL for 0.2457 PAB
100 GEL
0.4914  PAB
Exchange 100 GEL for 0.4914 PAB
200 GEL
0.9828  PAB
Exchange 200 GEL for 0.9828 PAB
500 GEL
2.46  PAB
Exchange 500 GEL for 2.46 PAB
1000 GEL
4.91  PAB
Exchange 1000 GEL for 4.91 PAB
5000 GEL
24.57  PAB
Exchange 5000 GEL for 24.57 PAB
10000 GEL
49.14  PAB
Exchange 10000 GEL for 49.14 PAB
In the table above, you'll find a comprehensive GEL to PAB converter that shows the value of Gelato in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 GEL to PAB, all the way up to 10000 GEL, providing a clear view of their respective values.
Panamanian Balboa
Gelato
1 PAB
203.51 GEL
Exchange 1 PAB for 203.51 GEL
10 PAB
2,035.07 GEL
Exchange 10 PAB for 2,035.07 GEL
50 PAB
10,175.37 GEL
Exchange 50 PAB for 10,175.37 GEL
100 PAB
20,350.75 GEL
Exchange 100 PAB for 20,350.75 GEL
200 PAB
40,701.5 GEL
Exchange 200 PAB for 40,701.5 GEL
500 PAB
101,753.75 GEL
Exchange 500 PAB for 101,753.75 GEL
1000 PAB
203,507.49 GEL
Exchange 1000 PAB for 203,507.49 GEL
2000 PAB
407,014.98 GEL
Exchange 2000 PAB for 407,014.98 GEL
5000 PAB
1,017,537.46 GEL
Exchange 5000 PAB for 1,017,537.46 GEL
10000 PAB
2,035,074.92 GEL
Exchange 10000 PAB for 2,035,074.92 GEL
50000 PAB
10,175,374.62 GEL
Exchange 50000 PAB for 10,175,374.62 GEL
100000 PAB
20,350,749.23 GEL
Exchange 100000 PAB for 20,350,749.23 GEL
In the table above, you'll find a comprehensive PAB to GEL converter that shows the value of Panamanian Balboa in Gelato across commonly used conversion amounts. The list covers conversions from 1 PAB to GEL, all the way up to 100000 PAB, providing a clear view of their respective values.

GEL to PAB chart

GEL/PAB: 1 GEL = 0.004914 PAB; 2026/01/16 20:03:58
In the past 1D, Gelato has changed -2.23% to PAB. Based on the trend and price charts, Gelato(GEL) has changed -2.23% to PAB while Panamanian Balboa(PAB) has changed % to GEL in the last 24 hours.
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GEL to PAB conversion data: Volatility and price changes of in PAB

The highest price in PAB over the past 7 days was 0.007274 PAB while the lowest price in PAB over the past 7 days was 0.004891 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 GEL 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
0.005263 PAB
0.007274 PAB
0.01521 PAB
0.04736 PAB
Low
0.004891 PAB
0.004891 PAB
0.004871 PAB
0.004871 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-2.23%
-11.67%
-62.45%
-88.38%

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Buy GEL (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of GEL with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy GEL with USDT via Bitget spot market.
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Gelato information

GEL to PAB market statistics

GEL/PAB:
B/.0.004914
GEL 24h volume:
B/.114,818.76
GEL market cap:
B/.1,335,731.47
GEL circulating supply:
271.83M GEL

Current GEL to PAB exchange rate

Gelato to Panamanian Balboa is falling this week.
Gelato's current market price is B/.0.004914 per GEL, with a total market cap of B/.1,335,731.47 PAB based on a circulating supply of 271,831,330 GEL. The trading volume of Gelato has changed by -4.57% (B/.-5,497.49 PAB) in the last 24 hours. Last trading day, GEL's trading volume was B/.120,316.25.

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

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How to convert GEL to PAB

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GEL to PAB Conversion tables

The exchange rate of Gelato is decreasing.
The exchange rate of 1 GEL to Panamanian Balboa has changed by -11.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.23%, reaching a high of 0.005263 PAB and a low of 0.004891 PAB . One month ago, the value of 1 GEL was B/.0.01305 PAB , which represents a -62.45% change from its current value. Over the last year, Gelato has changed by
-B/.
0.1794PAB
, resulting in a change of -97.35% in its value.
24 hours ago1 month ago1 year ago
Amount 20:03 today 24 hours ago 24h change
0.5 GEL
B/.0.002457B/.0.002513
-2.23%
1 GEL
B/.0.004914B/.0.005026
-2.23%
5 GEL
B/.0.02457B/.0.02513
-2.23%
10 GEL
B/.0.04914B/.0.05026
-2.23%
50 GEL
B/.0.2457B/.0.2513
-2.23%
100 GEL
B/.0.4914B/.0.5026
-2.23%
500 GEL
B/.2.46B/.2.51
-2.23%
1000 GEL
B/.4.91B/.5.03
-2.23%

GEL to PAB FAQ

How much is 1 Gelato in PAB?
Right now, the price of 1 Gelato (GEL) in Panamanian Balboa (PAB) is B/.0.004914.
How much GEL can I buy for 1 PAB?
Based on the current exchange rate, you can get 203.51 GEL for 1 PAB.
How do I calculate or convert GEL to PAB?
You can use our GEL to PAB calculator at the top of this page to convert any amount of GEL to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 1,017.54 GEL, while 5 GEL will cost around 0.02457PAB.
What is the highest price of GEL/PAB in history?
The all-time high price of 1 GEL in PAB is B/.4.25. It remains to be seen if the value of 1 GEL/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 Gelato (GEL) has gone down by 11.67%.   Over the last month, the exchange rate of Gelato (GEL) has gone down by 62.45% against Panamanian Balboa (PAB).

What factors influence the conversion rate of GEL to PAB?

There are many factors that affect the relationship between Gelato 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 GEL/PAB. When there is positive news in the market about the widespread adoption of GEL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GEL/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GEL/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 GEL/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 Gelato 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 Gelato currency pairs: GEL to US Dollar (USD), GEL to Euro (EUR), GEL to Pound Sterling (GBP), GEL to Canadian Dollar (CAD), GEL to Indian Rupee (INR), GEL to Pakistani Rupee (PKR), GEL to Brazilian Real (BRL), GEL to…
The price of Gelato in the US is $0.004914 USD. Additionally, Gelato’s price is €0.004235 EUR in the eurozone, £0.003671 GBP in the UK, C$0.006841 CAD in Canada, ₹0.4459 INR in India, ₨1.38 PKR in Pakistan, R$0.02641 BRL in Brazil, and more.
The most popular Gelato currency pair is the GEL to Panamanian Balboa(PAB). The price of 1 Gelato (GEL) in Panamanian Balboa (PAB) is B/.0.004914.

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