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PKF to PAB Converter and calculator

PKF/PAB: 1 PKF = 0.008700 PAB. The price of converting 1 Red Kite (PKF) to Panamanian Balboa (PAB) is 0.008700 PAB today.
PKF
PKF
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PKF to PAB real-time exchange rates, making it easy to convert Red Kite (PKF) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 PKF is currently valued at 0.008700 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PKF is currently valued at 0.008700 PAB, which means buying 5 PKF would cost 0.04350 PAB. Similarly, B/.1 PAB can be converted to 114.94 PKF, and B/.50 PAB can be converted to 574.71 PKF, excluding any platform or gas fees.

Convert PKF to PAB

Convert PAB to PKF

Red Kite
Panamanian Balboa
In the table above, you'll find a comprehensive PKF to PAB converter that shows the value of Red Kite in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 PKF to PAB, all the way up to 10000 PKF, providing a clear view of their respective values.
Panamanian Balboa
Red Kite
1000 PAB
114,941.05 PKF
5000 PAB
574,705.25 PKF
10000 PAB
1,149,410.49 PKF
50000 PAB
5,747,052.45 PKF
100000 PAB
11,494,104.9 PKF
In the table above, you'll find a comprehensive PAB to PKF converter that shows the value of Panamanian Balboa in Red Kite across commonly used conversion amounts. The list covers conversions from 1 PAB to PKF, all the way up to 100000 PAB, providing a clear view of their respective values.

PKF to PAB chart

PKF/PAB: 1 PKF = 0.008700 PAB; 2025/06/15 01:19:27
In the past 1D, Red Kite has changed +0.03% to PAB. Based on the trend and price charts, Red Kite(PKF) has changed +0.03% to PAB while Panamanian Balboa(PAB) has changed % to PKF in the last 24 hours.
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PKF to PAB conversion data: Volatility and price changes of Red Kite in PAB

The highest Red Kite price in PAB over the past 7 days was 0.009493 PAB while the lowest Red Kite price in PAB over the past 7 days was 0.008595 PAB. The relative change between the highs and lows in Red Kite price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and PKF 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
0.008700 PAB
0.009493 PAB
0.01012 PAB
0.01185 PAB
Low
0.008697 PAB
0.008595 PAB
0.007881 PAB
0.004012 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
+0.03%
+1.22%
+5.65%
-18.46%

Red Kite information

PKF to PAB market statistics

PKF/PAB:
B/.0.008700
PKF 24h volume:
--
PKF market cap:
B/.997,834.48
PKF circulating supply:
114.69M PKF

Current PKF to PAB exchange rate

Red Kite to Panamanian Balboa is rising this week.
Red Kite's current market price is B/.0.008700 per PKF, with a total market cap of B/.997,834.48 PAB based on a circulating supply of 114,692,136 PKF. The trading volume of Red Kite has changed by 0.00% (B/.0 PAB) in the last 24 hours. Last trading day, PKF's trading volume was B/.0.

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

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How to convert PKF to PAB

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PKF to PAB Conversion tables

The exchange rate of Red Kite is increasing.
The exchange rate of 1 PKF to Panamanian Balboa has changed by +1.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.03%, reaching a high of 0.008700 PAB and a low of 0.008697 PAB . One month ago, the value of 1 PKF was B/.0.008234 PAB , which represents a +5.65% change from its current value. Over the last year, Red Kite has changed by
-B/.
0.04797PAB
, resulting in a change of -84.65% in its value.
24 hours ago1 month ago1 year ago
Amount 01:19 am today 24 hours ago 24h change
0.5 PKF
B/.0.004350B/.0.004349
+0.03%
1 PKF
B/.0.008700B/.0.008697
+0.03%
5 PKF
B/.0.04350B/.0.04349
+0.03%
10 PKF
B/.0.08700B/.0.08697
+0.03%
50 PKF
B/.0.4350B/.0.4349
+0.03%
100 PKF
B/.0.8700B/.0.8697
+0.03%
500 PKF
B/.4.35B/.4.35
+0.03%
1000 PKF
B/.8.7B/.8.7
+0.03%

PKF to PAB FAQ

How much is 1 Red Kite in PAB?
Right now, the price of 1 Red Kite (PKF) in Panamanian Balboa (PAB) is B/.0.008700.
How much PKF can I buy for 1 PAB?
Based on the current exchange rate, you can get 114.94 PKF for 1 PAB.
How do I calculate or convert PKF to PAB?
You can use our PKF to PAB calculator at the top of this page to convert any amount of PKF to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 574.71 PKF, while 5 PKF will cost around 0.04350PAB.
What is the highest price of PKF/PAB in history?
The all-time high price of 1 PKF in PAB is B/.2.92. It remains to be seen if the value of 1 PKF/PAB will exceed the current all-time high.
What is the price trend of Red Kite in PAB?
Over the past 7 days, the exchange rate of Red Kite (PKF) has gone up by 1.22%.   Over the last month, the exchange rate of Red Kite (PKF) has gone up by 5.65% against Panamanian Balboa (PAB).

What factors influence the conversion rate of PKF to PAB?

There are many factors that affect the relationship between Red Kite 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 PKF/PAB. When there is positive news in the market about the widespread adoption of PKF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PKF/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PKF/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 PKF/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 Red Kite 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 Red Kite currency pairs: PKF to US Dollar (USD), PKF to Euro (EUR), PKF to Pound Sterling (GBP), PKF to Canadian Dollar (CAD), PKF to Indian Rupee (INR), PKF to Pakistani Rupee (PKR), PKF to Brazilian Real (BRL), PKF to…
The price of Red Kite in the US is $0.008700 USD. Additionally, Red Kite’s price is €0.007533 EUR in the eurozone, £0.006413 GBP in the UK, C$0.01182 CAD in Canada, ₹0.7493 INR in India, ₨2.46 PKR in Pakistan, R$0.04827 BRL in Brazil, and more.
The most popular Red Kite currency pair is the PKF to Panamanian Balboa(PAB). The price of 1 Red Kite (PKF) in Panamanian Balboa (PAB) is B/.0.008700.

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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.