RRT
PAB
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Recovery Right Token(RRT) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 RRT at a value of 1 RRT for 0.81 PAB . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
PAB 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 Recovery Right Token currency pair is the RRT to PAB, with for Recovery Right Token's currency code being RRT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
RRT to PAB conversion rate trend
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In the past 1D, Recovery Right Token has changed -8.40% to PAB. Based on the trend and price charts, Recovery Right Token(RRT) has changed -8.40% to PAB while Panamanian Balboa(PAB) has changed % to RRT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.8050 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:33:48(UTC+0)
How to buy Recovery Right Token
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Recovery Right Token (RRT)
Use a variety of payment options to buy Recovery Right Token on Bitget. We'll show you how.
Buy RRT (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of RRT with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy RRT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RRT (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of RRT to PAB. However, you can first exchange RRT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Recovery Right Token to Panamanian Balboa?
Recovery Right Token to Panamanian Balboa is rising this week.Recovery Right Token's current market price is B/. 0.8050 per RRT, with a total market cap of B/. 0 PAB based on a circulating supply of -- RRT. The trading volume of Recovery Right Token has changed by +83.02% (B/. 183.72 PAB) in the last 24 hours. Last trading day, RRT's trading volume was B/. 221.29.
Market cap
$0
24h volume
$405.01446258
Circulating supply
0 RRT
Conversion tables
The exchange rate of Recovery Right Token is increasing.1 RRT is currently valued at B/. 0.8050 PAB , which means buying 5 RRT will cost B/. 4.03 PAB . Similarly, B/.1 PAB can be traded for 1.24 RRT, and B/.50 PAB can be converted to 62.11 RRT, excluding any platform or gas fees.
The exchange rate of 1 RRT to Panamanian Balboa has changed by 0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.40%, reaching a high of 0.8788 PAB and a low of 0.8050 PAB . One month ago, the value of 1 RRT was B/. 0.8011 PAB , which represents a +0.49% change from its current value. Over the last year, Recovery Right Token has changed by , resulting in a change of +0.63% in its value.
+B/.
0.005000PABRRT to PAB
Amount
05:11 am today
0.5 RRT
B/.0.4025
1 RRT
B/.0.8050
5 RRT
B/.4.03
10 RRT
B/.8.05
50 RRT
B/.40.25
100 RRT
B/.80.5
500 RRT
B/.402.5
1000 RRT
B/.805
PAB to RRT
Amount05:11 am today
0.5PAB0.6211 RRT
1PAB1.24 RRT
5PAB6.21 RRT
10PAB12.42 RRT
50PAB62.11 RRT
100PAB124.22 RRT
500PAB621.12 RRT
1000PAB1,242.24 RRT
Today vs. 24 hours ago
| Amount | 05:11 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RRT | $0.4025 | $0.4394 | -8.40% |
| 1 RRT | $0.8050 | $0.8788 | -8.40% |
| 5 RRT | $4.03 | $4.39 | -8.40% |
| 10 RRT | $8.05 | $8.79 | -8.40% |
| 50 RRT | $40.25 | $43.94 | -8.40% |
| 100 RRT | $80.5 | $87.88 | -8.40% |
| 500 RRT | $402.5 | $439.4 | -8.40% |
| 1000 RRT | $805 | $878.8 | -8.40% |
Today vs. 1 month ago
| Amount | 05:11 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RRT | $0.4025 | $0.4006 | +0.49% |
| 1 RRT | $0.8050 | $0.8011 | +0.49% |
| 5 RRT | $4.03 | $4.01 | +0.49% |
| 10 RRT | $8.05 | $8.01 | +0.49% |
| 50 RRT | $40.25 | $40.05 | +0.49% |
| 100 RRT | $80.5 | $80.11 | +0.49% |
| 500 RRT | $402.5 | $400.55 | +0.49% |
| 1000 RRT | $805 | $801.1 | +0.49% |
Today vs. 1 year ago
| Amount | 05:11 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RRT | $0.4025 | $0.4000 | +0.63% |
| 1 RRT | $0.8050 | $0.8000 | +0.63% |
| 5 RRT | $4.03 | $4 | +0.63% |
| 10 RRT | $8.05 | $8 | +0.63% |
| 50 RRT | $40.25 | $40 | +0.63% |
| 100 RRT | $80.5 | $80 | +0.63% |
| 500 RRT | $402.5 | $400 | +0.63% |
| 1000 RRT | $805 | $800 | +0.63% |
Recovery Right Token price prediction
What will the price of RRT be in 2025?
Based on RRT's historical price performance prediction model, the price of RRT is projected to reach $1.19 in 2025.
What will the price of RRT be in 2030?
In 2030, the RRT price is expected to change by -14.00%. By the end of 2030, the RRT price is projected to reach $1.63, with a cumulative ROI of +102.40%.
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Popular Recovery Right Token conversions
Check out these popular currency conversions of Recovery Right Token to several fiat currencies.
Recovery Right Token to USD
1 RRT to $ 0.8050 USD
Recovery Right Token to GBP
1 RRT to £ 0.6400 GBP
Recovery Right Token to EUR
1 RRT to € 0.7709 EUR
Recovery Right Token to KRW
1 RRT to ₩ 1,167.95 KRW
Recovery Right Token to CAD
1 RRT to $ 1.16 CAD
Recovery Right Token to AUD
1 RRT to $ 1.29 AUD
Recovery Right Token to JPY
1 RRT to ¥ 126.03 JPY
Recovery Right Token to BRL
1 RRT to R$ 4.89 BRL
Recovery Right Token to CNY
1 RRT to ¥ 5.88 CNY
Recovery Right Token to TWD
1 RRT to NT$ 26.32 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Recovery Right Token.
Peanut the Squirrel to PAB
1 PNUT to B/. 0.6986 PAB
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1 HIVE to B/. 0.3459 PAB
Steem to PAB
1 STEEM to B/. 0.2170 PAB
Verge to PAB
1 XVG to B/. 0.01331 PAB
BitTorrent [New] to PAB
1 BTT to B/. 0.{5}1156 PAB
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Livepeer to PAB
1 LPT to B/. 15.42 PAB
FTX Token to PAB
1 FTT to B/. 3.13 PAB
Powerledger to PAB
1 POWR to B/. 0.2479 PAB
MovieBloc to PAB
1 MBL to B/. 0.003463 PAB
Horizen to PAB
1 ZEN to B/. 28.83 PAB
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Recovery Right Token and PAB.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Recovery Right Token and PAB. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Recovery Right Token in PAB, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
