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GEL to PAB Converter and calculator

GEL/PAB: 1 GEL = 0.02479 PAB. The price of converting 1 Gelato (GEL) to Panamanian Balboa (PAB) is 0.02479 PAB today.
GEL
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 0.02479 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GEL is currently valued at 0.02479 PAB, which means buying 5 GEL would cost 0.1240 PAB. Similarly, B/.1 PAB can be converted to 40.33 GEL, and B/.50 PAB can be converted to 201.65 GEL, excluding any platform or gas fees.

Convert GEL to PAB

Convert PAB to GEL

Gelato
Panamanian Balboa
1 GEL
0.02479  PAB
Exchange 1 GEL for 0.02479 PAB
2 GEL
0.04959  PAB
Exchange 2 GEL for 0.04959 PAB
5 GEL
0.1240  PAB
Exchange 5 GEL for 0.1240 PAB
10 GEL
0.2479  PAB
Exchange 10 GEL for 0.2479 PAB
20 GEL
0.4959  PAB
Exchange 20 GEL for 0.4959 PAB
50 GEL
1.24  PAB
Exchange 50 GEL for 1.24 PAB
100 GEL
2.48  PAB
Exchange 100 GEL for 2.48 PAB
200 GEL
4.96  PAB
Exchange 200 GEL for 4.96 PAB
500 GEL
12.4  PAB
Exchange 500 GEL for 12.4 PAB
1000 GEL
24.79  PAB
Exchange 1000 GEL for 24.79 PAB
5000 GEL
123.97  PAB
Exchange 5000 GEL for 123.97 PAB
10000 GEL
247.95  PAB
Exchange 10000 GEL for 247.95 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
40.33 GEL
Exchange 1 PAB for 40.33 GEL
10 PAB
403.31 GEL
Exchange 10 PAB for 403.31 GEL
50 PAB
2,016.54 GEL
Exchange 50 PAB for 2,016.54 GEL
100 PAB
4,033.08 GEL
Exchange 100 PAB for 4,033.08 GEL
200 PAB
8,066.15 GEL
Exchange 200 PAB for 8,066.15 GEL
500 PAB
20,165.38 GEL
Exchange 500 PAB for 20,165.38 GEL
1000 PAB
40,330.75 GEL
Exchange 1000 PAB for 40,330.75 GEL
2000 PAB
80,661.51 GEL
Exchange 2000 PAB for 80,661.51 GEL
5000 PAB
201,653.76 GEL
Exchange 5000 PAB for 201,653.76 GEL
10000 PAB
403,307.53 GEL
Exchange 10000 PAB for 403,307.53 GEL
50000 PAB
2,016,537.63 GEL
Exchange 50000 PAB for 2,016,537.63 GEL
100000 PAB
4,033,075.25 GEL
Exchange 100000 PAB for 4,033,075.25 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 = 0.02479 PAB; 2025/11/27 15:31:41
In the past 1D, Gelato has changed +10.95% to PAB. Based on the trend and price charts, Gelato(GEL) has changed +10.95% 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 Gelato in PAB

The highest Gelato price in PAB over the past 7 days was 0.02695 PAB while the lowest Gelato price in PAB over the past 7 days was 0.01962 PAB. The relative change between the highs and lows in Gelato 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
0.02695 PAB
0.02695 PAB
0.04736 PAB
0.07603 PAB
Low
0.02278 PAB
0.01962 PAB
0.01962 PAB
0.01962 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
+10.95%
+10.49%
-43.44%
-51.60%

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Gelato information

GEL to PAB market statistics

GEL/PAB:
B/.0.02479
GEL 24h volume:
B/.255,248.11
GEL market cap:
B/.6,605,330.79
GEL circulating supply:
266.40M GEL

Current GEL to PAB exchange rate

Gelato to Panamanian Balboa is rising this week.
Gelato's current market price is B/.0.02479 per GEL, with a total market cap of B/.6,605,330.79 PAB based on a circulating supply of 266,397,950 GEL. The trading volume of Gelato has changed by +52.38% (B/.87,744.34 PAB) in the last 24 hours. Last trading day, GEL's trading volume was B/.167,503.77.

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 +10.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by +10.95%, reaching a high of 0.02695 PAB and a low of 0.02278 PAB . One month ago, the value of 1 GEL was B/.0.04427 PAB , which represents a -43.44% change from its current value. Over the last year, Gelato has changed by
-B/.
0.1967PAB
, resulting in a change of -88.58% in its value.
24 hours ago1 month ago1 year ago
Amount 15:31 today 24 hours ago 24h change
0.5 GEL
B/.0.01240B/.0.01115
+10.95%
1 GEL
B/.0.02479B/.0.02229
+10.95%
5 GEL
B/.0.1240B/.0.1115
+10.95%
10 GEL
B/.0.2479B/.0.2229
+10.95%
50 GEL
B/.1.24B/.1.11
+10.95%
100 GEL
B/.2.48B/.2.23
+10.95%
500 GEL
B/.12.4B/.11.15
+10.95%
1000 GEL
B/.24.79B/.22.29
+10.95%

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/.0.02479.
How much GEL can I buy for 1 PAB?
Based on the current exchange rate, you can get 40.33 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 201.65 GEL, while 5 GEL will cost around 0.1240PAB.
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 Gelato in PAB?
Over the past 7 days, the exchange rate of Gelato (GEL) has gone up by 10.49%.   Over the last month, the exchange rate of Gelato (GEL) has gone down by 43.44% 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 $0.02479 USD. Additionally, Gelato’s price is €0.02139 EUR in the eurozone, £0.01873 GBP in the UK, C$0.03482 CAD in Canada, ₹2.22 INR in India, ₨7.01 PKR in Pakistan, R$0.1326 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/.0.02479.

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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.