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Ton Raffles to Panamanian Balboa (RAFF to PAB)

RAFF to PAB Converter and calculator

RAFF/PAB: 1 RAFF = 0.02720 PAB. The price of converting 1 Ton Raffles (RAFF) to Panamanian Balboa (PAB) is 0.02720 PAB today.
RAFF
RAFF
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RAFF to PAB real-time exchange rates, making it easy to convert Ton Raffles (RAFF) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 RAFF is currently valued at 0.02720 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RAFF is currently valued at 0.02720 PAB, which means buying 5 RAFF would cost 0.1360 PAB. Similarly, B/.1 PAB can be converted to 36.77 RAFF, and B/.50 PAB can be converted to 183.83 RAFF, excluding any platform or gas fees.

Convert RAFF to PAB

Convert PAB to RAFF

Ton Raffles
Panamanian Balboa
1 RAFF
0.02720  PAB
Exchange 1 RAFF for 0.02720 PAB
2 RAFF
0.05440  PAB
Exchange 2 RAFF for 0.05440 PAB
5 RAFF
0.1360  PAB
Exchange 5 RAFF for 0.1360 PAB
10 RAFF
0.2720  PAB
Exchange 10 RAFF for 0.2720 PAB
20 RAFF
0.5440  PAB
Exchange 20 RAFF for 0.5440 PAB
50 RAFF
1.36  PAB
Exchange 50 RAFF for 1.36 PAB
100 RAFF
2.72  PAB
Exchange 100 RAFF for 2.72 PAB
200 RAFF
5.44  PAB
Exchange 200 RAFF for 5.44 PAB
500 RAFF
13.6  PAB
Exchange 500 RAFF for 13.6 PAB
1000 RAFF
27.2  PAB
Exchange 1000 RAFF for 27.2 PAB
5000 RAFF
136  PAB
Exchange 5000 RAFF for 136 PAB
10000 RAFF
271.99  PAB
Exchange 10000 RAFF for 271.99 PAB
In the table above, you'll find a comprehensive RAFF to PAB converter that shows the value of Ton Raffles in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 RAFF to PAB, all the way up to 10000 RAFF, providing a clear view of their respective values.
Panamanian Balboa
Ton Raffles
1 PAB
36.77 RAFF
Exchange 1 PAB for 36.77 RAFF
10 PAB
367.66 RAFF
Exchange 10 PAB for 367.66 RAFF
50 PAB
1,838.28 RAFF
Exchange 50 PAB for 1,838.28 RAFF
100 PAB
3,676.56 RAFF
Exchange 100 PAB for 3,676.56 RAFF
200 PAB
7,353.13 RAFF
Exchange 200 PAB for 7,353.13 RAFF
500 PAB
18,382.82 RAFF
Exchange 500 PAB for 18,382.82 RAFF
1000 PAB
36,765.64 RAFF
Exchange 1000 PAB for 36,765.64 RAFF
2000 PAB
73,531.28 RAFF
Exchange 2000 PAB for 73,531.28 RAFF
5000 PAB
183,828.19 RAFF
Exchange 5000 PAB for 183,828.19 RAFF
10000 PAB
367,656.39 RAFF
Exchange 10000 PAB for 367,656.39 RAFF
50000 PAB
1,838,281.93 RAFF
Exchange 50000 PAB for 1,838,281.93 RAFF
100000 PAB
3,676,563.85 RAFF
Exchange 100000 PAB for 3,676,563.85 RAFF
In the table above, you'll find a comprehensive PAB to RAFF converter that shows the value of Panamanian Balboa in Ton Raffles across commonly used conversion amounts. The list covers conversions from 1 PAB to RAFF, all the way up to 100000 PAB, providing a clear view of their respective values.

RAFF to PAB chart

RAFF/PAB: 1 RAFF = 0.02720 PAB; 2026/02/16 21:38:41
In the past 1D, Ton Raffles has changed -1.82% to PAB. Based on the trend and price charts, Ton Raffles(RAFF) has changed -1.82% to PAB while Panamanian Balboa(PAB) has changed % to RAFF in the last 24 hours.
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RAFF to PAB conversion data: Volatility and price changes of Ton Raffles in PAB

The highest Ton Raffles price in PAB over the past 7 days was 0.02933 PAB while the lowest Ton Raffles price in PAB over the past 7 days was 0.02720 PAB. The relative change between the highs and lows in Ton Raffles price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and RAFF 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
0.02773 PAB
0.02933 PAB
0.03664 PAB
0.04472 PAB
Low
0.02720 PAB
0.02720 PAB
0.02720 PAB
0.02720 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-1.82%
-6.57%
-24.83%
-39.28%

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Bitget P2P trading does not currently support direct buying of RAFF with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy RAFF with USDT via Bitget spot market.
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Ton Raffles information

RAFF to PAB market statistics

RAFF/PAB:
B/.0.02720
RAFF 24h volume:
B/.1,755.87
RAFF market cap:
--
RAFF circulating supply:
0 RAFF

Current RAFF to PAB exchange rate

Ton Raffles to Panamanian Balboa is falling this week.
Ton Raffles's current market price is B/.0.02720 per RAFF, with a total market cap of B/.0 PAB based on a circulating supply of -- RAFF. The trading volume of Ton Raffles has changed by 0.00% (B/.0 PAB) in the last 24 hours. Last trading day, RAFF's trading volume was B/.1,755.87.

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

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How to convert RAFF to PAB

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RAFF to PAB Conversion tables

The exchange rate of Ton Raffles is decreasing.
The exchange rate of 1 RAFF to Panamanian Balboa has changed by -6.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.82%, reaching a high of 0.02773 PAB and a low of 0.02720 PAB . One month ago, the value of 1 RAFF was B/.0.03619 PAB , which represents a -24.83% change from its current value. Over the last year, Ton Raffles has changed by
-B/.
0.06385PAB
, resulting in a change of -70.13% in its value.
24 hours ago1 month ago1 year ago
Amount 21:38 today 24 hours ago 24h change
0.5 RAFF
B/.0.01360B/.0.01385
-1.82%
1 RAFF
B/.0.02720B/.0.02770
-1.82%
5 RAFF
B/.0.1360B/.0.1385
-1.82%
10 RAFF
B/.0.2720B/.0.2770
-1.82%
50 RAFF
B/.1.36B/.1.39
-1.82%
100 RAFF
B/.2.72B/.2.77
-1.82%
500 RAFF
B/.13.6B/.13.85
-1.82%
1000 RAFF
B/.27.2B/.27.7
-1.82%

RAFF to PAB FAQ

How much is 1 Ton Raffles in PAB?
Right now, the price of 1 Ton Raffles (RAFF) in Panamanian Balboa (PAB) is B/.0.02720.
How much RAFF can I buy for 1 PAB?
Based on the current exchange rate, you can get 36.77 RAFF for 1 PAB.
How do I calculate or convert RAFF to PAB?
You can use our RAFF to PAB calculator at the top of this page to convert any amount of RAFF to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 183.83 RAFF, while 5 RAFF will cost around 0.1360PAB.
What is the highest price of RAFF/PAB in history?
The all-time high price of 1 RAFF in PAB is B/.168.17. It remains to be seen if the value of 1 RAFF/PAB will exceed the current all-time high.
What is the price trend of Ton Raffles in PAB?
Over the past 7 days, the exchange rate of Ton Raffles (RAFF) has gone down by 6.57%.   Over the last month, the exchange rate of Ton Raffles (RAFF) has gone down by 24.83% against Panamanian Balboa (PAB).

What factors influence the conversion rate of RAFF to PAB?

There are many factors that affect the relationship between Ton Raffles 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 RAFF/PAB. When there is positive news in the market about the widespread adoption of RAFF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RAFF/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RAFF/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 RAFF/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 Ton Raffles 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 Ton Raffles currency pairs: RAFF to US Dollar (USD), RAFF to Euro (EUR), RAFF to Pound Sterling (GBP), RAFF to Canadian Dollar (CAD), RAFF to Indian Rupee (INR), RAFF to Pakistani Rupee (PKR), RAFF to Brazilian Real (BRL), RAFF to…
The price of Ton Raffles in the US is $0.02720 USD. Additionally, Ton Raffles’s price is €0.02294 EUR in the eurozone, £0.01995 GBP in the UK, C$0.03708 CAD in Canada, ₹2.47 INR in India, ₨7.61 PKR in Pakistan, R$0.1425 BRL in Brazil, and more.
The most popular Ton Raffles currency pair is the RAFF to Panamanian Balboa(PAB). The price of 1 Ton Raffles (RAFF) in Panamanian Balboa (PAB) is B/.0.02720.

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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.
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