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MGP to PAB Converter and calculator

MGP/PAB: 1 MGP = 0.04082 PAB. The price of converting 1 Magpie (MGP) to Panamanian Balboa (PAB) is 0.04082 PAB today.
MGP
MGP
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MGP to PAB real-time exchange rates, making it easy to convert Magpie (MGP) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 MGP is currently valued at 0.04082 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MGP is currently valued at 0.04082 PAB, which means buying 5 MGP would cost 0.2041 PAB. Similarly, B/.1 PAB can be converted to 24.5 MGP, and B/.50 PAB can be converted to 122.48 MGP, excluding any platform or gas fees.

Convert MGP to PAB

Convert PAB to MGP

Magpie
Panamanian Balboa
1 MGP
0.04082  PAB
Exchange 1 MGP for 0.04082 PAB
2 MGP
0.08164  PAB
Exchange 2 MGP for 0.08164 PAB
5 MGP
0.2041  PAB
Exchange 5 MGP for 0.2041 PAB
10 MGP
0.4082  PAB
Exchange 10 MGP for 0.4082 PAB
20 MGP
0.8164  PAB
Exchange 20 MGP for 0.8164 PAB
50 MGP
2.04  PAB
Exchange 50 MGP for 2.04 PAB
100 MGP
4.08  PAB
Exchange 100 MGP for 4.08 PAB
200 MGP
8.16  PAB
Exchange 200 MGP for 8.16 PAB
500 MGP
20.41  PAB
Exchange 500 MGP for 20.41 PAB
1000 MGP
40.82  PAB
Exchange 1000 MGP for 40.82 PAB
5000 MGP
204.11  PAB
Exchange 5000 MGP for 204.11 PAB
10000 MGP
408.22  PAB
Exchange 10000 MGP for 408.22 PAB
In the table above, you'll find a comprehensive MGP to PAB converter that shows the value of Magpie in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 MGP to PAB, all the way up to 10000 MGP, providing a clear view of their respective values.
Panamanian Balboa
Magpie
1 PAB
24.5 MGP
Exchange 1 PAB for 24.5 MGP
10 PAB
244.96 MGP
Exchange 10 PAB for 244.96 MGP
50 PAB
1,224.82 MGP
Exchange 50 PAB for 1,224.82 MGP
100 PAB
2,449.63 MGP
Exchange 100 PAB for 2,449.63 MGP
200 PAB
4,899.26 MGP
Exchange 200 PAB for 4,899.26 MGP
500 PAB
12,248.16 MGP
Exchange 500 PAB for 12,248.16 MGP
1000 PAB
24,496.32 MGP
Exchange 1000 PAB for 24,496.32 MGP
2000 PAB
48,992.65 MGP
Exchange 2000 PAB for 48,992.65 MGP
5000 PAB
122,481.61 MGP
Exchange 5000 PAB for 122,481.61 MGP
10000 PAB
244,963.23 MGP
Exchange 10000 PAB for 244,963.23 MGP
50000 PAB
1,224,816.13 MGP
Exchange 50000 PAB for 1,224,816.13 MGP
100000 PAB
2,449,632.25 MGP
Exchange 100000 PAB for 2,449,632.25 MGP
In the table above, you'll find a comprehensive PAB to MGP converter that shows the value of Panamanian Balboa in Magpie across commonly used conversion amounts. The list covers conversions from 1 PAB to MGP, all the way up to 100000 PAB, providing a clear view of their respective values.

MGP to PAB chart

MGP/PAB: 1 MGP = 0.04082 PAB; 2025/08/02 16:49:50
In the past 1D, Magpie has changed +2.00% to PAB. Based on the trend and price charts, Magpie(MGP) has changed +2.00% to PAB while Panamanian Balboa(PAB) has changed % to MGP in the last 24 hours.
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MGP to PAB conversion data: Volatility and price changes of Magpie in PAB

The highest Magpie price in PAB over the past 7 days was 0.05293 PAB while the lowest Magpie price in PAB over the past 7 days was 0.04174 PAB. The relative change between the highs and lows in Magpie price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and MGP 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
0.04873 PAB
0.05293 PAB
0.06320 PAB
0.07414 PAB
Low
0.04749 PAB
0.04174 PAB
0.04174 PAB
0.02078 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
+2.00%
-7.53%
-17.88%
+28.76%

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Magpie information

MGP to PAB market statistics

MGP/PAB:
B/.0.04082
MGP 24h volume:
B/.17,059.77
MGP market cap:
B/.19,582,755.81
MGP circulating supply:
479.71M MGP

Current MGP to PAB exchange rate

Magpie to Panamanian Balboa is falling this week.
Magpie's current market price is B/.0.04082 per MGP, with a total market cap of B/.19,582,755.81 PAB based on a circulating supply of 479,705,540 MGP. The trading volume of Magpie has changed by -21.52% (B/.-4,679.26 PAB) in the last 24 hours. Last trading day, MGP's trading volume was B/.21,739.03.

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

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How to convert MGP to PAB

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MGP to PAB Conversion tables

The exchange rate of Magpie is decreasing.
The exchange rate of 1 MGP to Panamanian Balboa has changed by -7.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.00%, reaching a high of 0.04873 PAB and a low of 0.04749 PAB . One month ago, the value of 1 MGP was B/.0.05139 PAB , which represents a -17.88% change from its current value. Over the last year, Magpie has changed by
-B/.
0.04585PAB
, resulting in a change of -48.59% in its value.
24 hours ago1 month ago1 year ago
Amount 16:49 today 24 hours ago 24h change
0.5 MGP
B/.0.02041B/.0.01994
+2.00%
1 MGP
B/.0.04082B/.0.03987
+2.00%
5 MGP
B/.0.2041B/.0.1994
+2.00%
10 MGP
B/.0.4082B/.0.3987
+2.00%
50 MGP
B/.2.04B/.1.99
+2.00%
100 MGP
B/.4.08B/.3.99
+2.00%
500 MGP
B/.20.41B/.19.94
+2.00%
1000 MGP
B/.40.82B/.39.87
+2.00%

MGP to PAB FAQ

How much is 1 Magpie in PAB?
Right now, the price of 1 Magpie (MGP) in Panamanian Balboa (PAB) is B/.0.04082.
How much MGP can I buy for 1 PAB?
Based on the current exchange rate, you can get 24.5 MGP for 1 PAB.
How do I calculate or convert MGP to PAB?
You can use our MGP to PAB calculator at the top of this page to convert any amount of MGP to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 122.48 MGP, while 5 MGP will cost around 0.2041PAB.
What is the highest price of MGP/PAB in history?
The all-time high price of 1 MGP in PAB is B/.0.2111. It remains to be seen if the value of 1 MGP/PAB will exceed the current all-time high.
What is the price trend of Magpie in PAB?
Over the past 7 days, the exchange rate of Magpie (MGP) has gone down by 7.53%.   Over the last month, the exchange rate of Magpie (MGP) has gone down by 17.88% against Panamanian Balboa (PAB).

What factors influence the conversion rate of MGP to PAB?

There are many factors that affect the relationship between Magpie 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 MGP/PAB. When there is positive news in the market about the widespread adoption of MGP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MGP/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MGP/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 MGP/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 Magpie 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 Magpie currency pairs: MGP to US Dollar (USD), MGP to Euro (EUR), MGP to Pound Sterling (GBP), MGP to Canadian Dollar (CAD), MGP to Indian Rupee (INR), MGP to Pakistani Rupee (PKR), MGP to Brazilian Real (BRL), MGP to…
The price of Magpie in the US is $0.04082 USD. Additionally, Magpie’s price is €0.03522 EUR in the eurozone, £0.03073 GBP in the UK, C$0.05634 CAD in Canada, ₹3.56 INR in India, ₨11.56 PKR in Pakistan, R$0.2262 BRL in Brazil, and more.
The most popular Magpie currency pair is the MGP to Panamanian Balboa(PAB). The price of 1 Magpie (MGP) in Panamanian Balboa (PAB) is B/.0.04082.

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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.