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RAKE to PAB Converter and calculator

RAKE/PAB: 1 RAKE = 0.{4}1684 PAB. The price of converting 1 Rake Coin (RAKE) to Panamanian Balboa (PAB) is 0.{4}1684 PAB today.
RAKE
RAKE
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RAKE to PAB real-time exchange rates, making it easy to convert Rake Coin (RAKE) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 RAKE is currently valued at 0.00 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RAKE is currently valued at 0.00 PAB, which means buying 5 RAKE would cost 0.00 PAB. Similarly, B/.1 PAB can be converted to 59,387.73 RAKE, and B/.50 PAB can be converted to 296,938.67 RAKE, excluding any platform or gas fees.

Convert RAKE to PAB

Convert PAB to RAKE

Rake Coin
Panamanian Balboa
1 RAKE
0.{4}1684  PAB
2 RAKE
0.{4}3368  PAB
5 RAKE
0.{4}8419  PAB
10 RAKE
0.0001684  PAB
20 RAKE
0.0003368  PAB
50 RAKE
0.0008419  PAB
100 RAKE
0.001684  PAB
200 RAKE
0.003368  PAB
500 RAKE
0.008419  PAB
1000 RAKE
0.01684  PAB
5000 RAKE
0.08419  PAB
10000 RAKE
0.1684  PAB
In the table above, you'll find a comprehensive RAKE to PAB converter that shows the value of Rake Coin in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 RAKE to PAB, all the way up to 10000 RAKE, providing a clear view of their respective values.
Panamanian Balboa
Rake Coin
50 PAB
2,969,386.69 RAKE
100 PAB
5,938,773.38 RAKE
200 PAB
11,877,546.77 RAKE
500 PAB
29,693,866.92 RAKE
1000 PAB
59,387,733.84 RAKE
2000 PAB
118,775,467.69 RAKE
5000 PAB
296,938,669.22 RAKE
10000 PAB
593,877,338.44 RAKE
50000 PAB
2,969,386,692.18 RAKE
100000 PAB
5,938,773,384.37 RAKE
In the table above, you'll find a comprehensive PAB to RAKE converter that shows the value of Panamanian Balboa in Rake Coin across commonly used conversion amounts. The list covers conversions from 1 PAB to RAKE, all the way up to 100000 PAB, providing a clear view of their respective values.

RAKE to PAB chart

RAKE/PAB: 1 RAKE = 0.{4}1684 PAB; 2025/04/29 16:56:06
In the past 1D, Rake Coin has changed -0.02% to PAB. Based on the trend and price charts, Rake Coin(RAKE) has changed -0.02% to PAB while Panamanian Balboa(PAB) has changed % to RAKE in the last 24 hours.
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RAKE to PAB conversion data: Volatility and price changes of Rake Coin in PAB

The highest Rake Coin price in PAB over the past 7 days was 0.{4}1684 PAB while the lowest Rake Coin price in PAB over the past 7 days was 0.{4}1298 PAB. The relative change between the highs and lows in Rake Coin price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and RAKE to PAB prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.{4}1684 PAB
0.{4}1684 PAB
0.{4}1944 PAB
0.0001752 PAB
Low
0.{4}1683 PAB
0.{4}1298 PAB
0.{5}7446 PAB
0.{5}7446 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-0.02%
+24.82%
-5.90%
-90.09%

Rake Coin information

RAKE to PAB market statistics

RAKE/PAB:
B/.0.{4}1684
RAKE 24h volume:
B/.33.68
RAKE market cap:
B/.1,180,815.15
RAKE circulating supply:
70.13B RAKE

Current RAKE to PAB exchange rate

Rake Coin to Panamanian Balboa is rising this week.
Rake Coin's current market price is B/.0.{4}1684 per RAKE, with a total market cap of B/.1,180,815.15 PAB based on a circulating supply of 70,125,940,000 RAKE. The trading volume of Rake Coin has changed by -0.01% (B/.-0.00 PAB) in the last 24 hours. Last trading day, RAKE's trading volume was B/.33.69.

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

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How to convert RAKE to PAB

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Convert RAKE to PAB
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RAKE to PAB Conversion tables

The exchange rate of Rake Coin is decreasing.
The exchange rate of 1 RAKE to Panamanian Balboa has changed by +24.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 0.{4}1684 PAB and a low of 0.{4}1683 PAB . One month ago, the value of 1 RAKE was B/.0.{4}1789 PAB , which represents a -5.90% change from its current value. Over the last year, Rake Coin has changed by
-B/.
0.{4}5794PAB
, resulting in a change of -77.48% in its value.
24 hours ago1 month ago1 year ago
Amount16:56 today24 hours ago24h change
0.5 RAKEB/.0.{5}8419B/.0.{5}8421
-0.02%
1 RAKEB/.0.{4}1684B/.0.{4}1684
-0.02%
5 RAKEB/.0.{4}8419B/.0.{4}8421
-0.02%
10 RAKEB/.0.0001684B/.0.0001684
-0.02%
50 RAKEB/.0.0008419B/.0.0008421
-0.02%
100 RAKEB/.0.001684B/.0.001684
-0.02%
500 RAKEB/.0.008419B/.0.008421
-0.02%
1000 RAKEB/.0.01684B/.0.01684
-0.02%

RAKE to PAB FAQ

How much is 1 Rake Coin in PAB?
Right now, the price of 1 Rake Coin (RAKE) in Panamanian Balboa (PAB) is B/.0.{4}1684.
How much RAKE can I buy for 1 PAB?
Based on the current exchange rate, you can get 59,387.73 RAKE for 1 PAB.
How do I calculate or convert RAKE to PAB?
You can use our RAKE to PAB calculator at the top of this page to convert any amount of RAKE to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 296,938.67 RAKE, while 5 RAKE will cost around 0.{4}8419PAB.
What is the highest price of RAKE/PAB in history?
The all-time high price of 1 RAKE in PAB is B/.0.0003718. It remains to be seen if the value of 1 RAKE/PAB will exceed the current all-time high.
What is the price trend of Rake Coin in PAB?
Over the past 7 days, the exchange rate of Rake Coin (RAKE) has gone up by 24.82%.   Over the last month, the exchange rate of Rake Coin (RAKE) has gone down by 5.90% against Panamanian Balboa (PAB).

What factors influence the conversion rate of RAKE to PAB?

There are many factors that affect the relationship between Rake Coin 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 RAKE/PAB. When there is positive news in the market about the widespread adoption of RAKE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RAKE/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RAKE/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 RAKE/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 Rake Coin and adjust their investment strategies accordingly in the evolving market.

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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.