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CLOAK to PAB Converter and calculator

CLOAK/PAB: 1 CLOAK = 0.04165 PAB. The price of converting 1 CloakCoin (CLOAK) to Panamanian Balboa (PAB) is 0.04165 PAB today.
CLOAK
CLOAK
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides CLOAK to PAB real-time exchange rates, making it easy to convert CloakCoin (CLOAK) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 CLOAK is currently valued at 0.04165 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 CLOAK is currently valued at 0.04165 PAB, which means buying 5 CLOAK would cost 0.2082 PAB. Similarly, B/.1 PAB can be converted to 24.01 CLOAK, and B/.50 PAB can be converted to 120.05 CLOAK, excluding any platform or gas fees.

Convert CLOAK to PAB

Convert PAB to CLOAK

CloakCoin
Panamanian Balboa
1000 CLOAK
41.65  PAB
5000 CLOAK
208.24  PAB
10000 CLOAK
416.48  PAB
In the table above, you'll find a comprehensive CLOAK to PAB converter that shows the value of CloakCoin in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 CLOAK to PAB, all the way up to 10000 CLOAK, providing a clear view of their respective values.
Panamanian Balboa
CloakCoin
500 PAB
12,005.33 CLOAK
1000 PAB
24,010.67 CLOAK
2000 PAB
48,021.34 CLOAK
5000 PAB
120,053.34 CLOAK
10000 PAB
240,106.69 CLOAK
50000 PAB
1,200,533.43 CLOAK
100000 PAB
2,401,066.86 CLOAK
In the table above, you'll find a comprehensive PAB to CLOAK converter that shows the value of Panamanian Balboa in CloakCoin across commonly used conversion amounts. The list covers conversions from 1 PAB to CLOAK, all the way up to 100000 PAB, providing a clear view of their respective values.

CLOAK to PAB chart

CLOAK/PAB: 1 CLOAK = 0.04165 PAB; 2025/06/21 21:04:08
In the past 1D, CloakCoin has changed 0.00% to PAB. Based on the trend and price charts, CloakCoin(CLOAK) has changed 0.00% to PAB while Panamanian Balboa(PAB) has changed % to CLOAK in the last 24 hours.
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CLOAK to PAB conversion data: Volatility and price changes of CloakCoin in PAB

The highest CloakCoin price in PAB over the past 7 days was 0.04196 PAB while the lowest CloakCoin price in PAB over the past 7 days was 0.03833 PAB. The relative change between the highs and lows in CloakCoin price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and CLOAK 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
0.04172 PAB
0.04196 PAB
0.04702 PAB
0.08133 PAB
Low
0.04156 PAB
0.03833 PAB
0.03833 PAB
0.03233 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
--
-0.37%
-1.18%
-48.76%

CloakCoin information

CLOAK to PAB market statistics

CLOAK/PAB:
B/.0.04165
CLOAK 24h volume:
--
CLOAK market cap:
B/.252,496.39
CLOAK circulating supply:
6.06M CLOAK

Current CLOAK to PAB exchange rate

CloakCoin to Panamanian Balboa is falling this week.
CloakCoin's current market price is B/.0.04165 per CLOAK, with a total market cap of B/.252,496.39 PAB based on a circulating supply of 6,062,607 CLOAK. The trading volume of CloakCoin has changed by 0.00% (B/.0 PAB) in the last 24 hours. Last trading day, CLOAK's trading volume was B/.0.

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

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How to convert CLOAK to PAB

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CLOAK to PAB Conversion tables

The exchange rate of CloakCoin is decreasing.
The exchange rate of 1 CLOAK to Panamanian Balboa has changed by -0.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0.04172 PAB and a low of 0.04156 PAB . One month ago, the value of 1 CLOAK was B/.0.04215 PAB , which represents a -1.18% change from its current value. Over the last year, CloakCoin has changed by
-B/.
0.04260PAB
, resulting in a change of -50.56% in its value.
24 hours ago1 month ago1 year ago
Amount 21:04 today 24 hours ago 24h change
0.5 CLOAK
B/.0.02082B/.0.02082
0.00%
1 CLOAK
B/.0.04165B/.0.04165
0.00%
5 CLOAK
B/.0.2082B/.0.2082
0.00%
10 CLOAK
B/.0.4165B/.0.4165
0.00%
50 CLOAK
B/.2.08B/.2.08
0.00%
100 CLOAK
B/.4.16B/.4.16
0.00%
500 CLOAK
B/.20.82B/.20.82
0.00%
1000 CLOAK
B/.41.65B/.41.65
0.00%

CLOAK to PAB FAQ

How much is 1 CloakCoin in PAB?
Right now, the price of 1 CloakCoin (CLOAK) in Panamanian Balboa (PAB) is B/.0.04165.
How much CLOAK can I buy for 1 PAB?
Based on the current exchange rate, you can get 24.01 CLOAK for 1 PAB.
How do I calculate or convert CLOAK to PAB?
You can use our CLOAK to PAB calculator at the top of this page to convert any amount of CLOAK to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 120.05 CLOAK, while 5 CLOAK will cost around 0.2082PAB.
What is the highest price of CLOAK/PAB in history?
The all-time high price of 1 CLOAK in PAB is B/.35.99. It remains to be seen if the value of 1 CLOAK/PAB will exceed the current all-time high.
What is the price trend of CloakCoin in PAB?
Over the past 7 days, the exchange rate of CloakCoin (CLOAK) has gone down by 0.37%.   Over the last month, the exchange rate of CloakCoin (CLOAK) has gone down by 1.18% against Panamanian Balboa (PAB).

What factors influence the conversion rate of CLOAK to PAB?

There are many factors that affect the relationship between CloakCoin 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 CLOAK/PAB. When there is positive news in the market about the widespread adoption of CLOAK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of CLOAK/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in CLOAK/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 CLOAK/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 CloakCoin 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 CloakCoin currency pairs: CLOAK to US Dollar (USD), CLOAK to Euro (EUR), CLOAK to Pound Sterling (GBP), CLOAK to Canadian Dollar (CAD), CLOAK to Indian Rupee (INR), CLOAK to Pakistani Rupee (PKR), CLOAK to Brazilian Real (BRL), CLOAK to…
The price of CloakCoin in the US is $0.04165 USD. Additionally, CloakCoin’s price is €0.03614 EUR in the eurozone, £0.03095 GBP in the UK, C$0.05719 CAD in Canada, ₹3.61 INR in India, ₨11.82 PKR in Pakistan, R$0.2296 BRL in Brazil, and more.
The most popular CloakCoin currency pair is the CLOAK to Panamanian Balboa(PAB). The price of 1 CloakCoin (CLOAK) in Panamanian Balboa (PAB) is B/.0.04165.

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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.