Bitget converter provides RED to PAB real-time exchange rates, making it easy to convert RED (RED) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 RED is currently valued at 1,498.53 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RED is currently valued at 1,498.53 PAB, which means buying 5 RED would cost 7,492.63 PAB. Similarly, B/.1 PAB can be converted to 0.0006673 RED, and B/.50 PAB can be converted to 0.003337 RED, excluding any platform or gas fees.
Conversion rates
Convert RED to PAB
Convert PAB to RED
RED
Panamanian Balboa
1 RED
1,498.53 PAB
Exchange 1 RED for 1,498.53 PAB
2 RED
2,997.05 PAB
Exchange 2 RED for 2,997.05 PAB
5 RED
7,492.63 PAB
Exchange 5 RED for 7,492.63 PAB
10 RED
14,985.26 PAB
Exchange 10 RED for 14,985.26 PAB
20 RED
29,970.53 PAB
Exchange 20 RED for 29,970.53 PAB
50 RED
74,926.32 PAB
Exchange 50 RED for 74,926.32 PAB
100 RED
149,852.64 PAB
Exchange 100 RED for 149,852.64 PAB
200 RED
299,705.28 PAB
Exchange 200 RED for 299,705.28 PAB
500 RED
749,263.2 PAB
Exchange 500 RED for 749,263.2 PAB
1000 RED
1,498,526.4 PAB
Exchange 1000 RED for 1,498,526.4 PAB
5000 RED
7,492,632 PAB
Exchange 5000 RED for 7,492,632 PAB
10000 RED
14,985,264 PAB
Exchange 10000 RED for 14,985,264 PAB
In the table above, you'll find a comprehensive RED to PAB converter that shows the value of RED in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 RED to PAB, all the way up to 10000 RED, providing a clear view of their respective values.
Panamanian Balboa
RED
1 PAB
0.0006673 RED
Exchange 1 PAB for 0.0006673 RED
10 PAB
0.006673 RED
Exchange 10 PAB for 0.006673 RED
50 PAB
0.03337 RED
Exchange 50 PAB for 0.03337 RED
100 PAB
0.06673 RED
Exchange 100 PAB for 0.06673 RED
200 PAB
0.1335 RED
Exchange 200 PAB for 0.1335 RED
500 PAB
0.3337 RED
Exchange 500 PAB for 0.3337 RED
1000 PAB
0.6673 RED
Exchange 1000 PAB for 0.6673 RED
2000 PAB
1.33 RED
Exchange 2000 PAB for 1.33 RED
5000 PAB
3.34 RED
Exchange 5000 PAB for 3.34 RED
10000 PAB
6.67 RED
Exchange 10000 PAB for 6.67 RED
50000 PAB
33.37 RED
Exchange 50000 PAB for 33.37 RED
100000 PAB
66.73 RED
Exchange 100000 PAB for 66.73 RED
In the table above, you'll find a comprehensive PAB to RED converter that shows the value of Panamanian Balboa in RED across commonly used conversion amounts. The list covers conversions from 1 PAB to RED, all the way up to 100000 PAB, providing a clear view of their respective values.
RED to PAB chart
RED/PAB: 1 RED = 1,498.53 PAB; 2025/08/14 22:59:39
In the past 1D, RED has changed -1.48% to PAB. Based on the trend and price charts, RED(RED) has changed -1.48% to PAB while Panamanian Balboa(PAB) has changed % to RED in the last 24 hours.
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RED to PAB conversion data: Volatility and price changes of RED in PAB
The highest RED price in PAB over the past 7 days was 1,499.46 PAB while the lowest RED price in PAB over the past 7 days was 1,470.14 PAB. The relative change between the highs and lows in RED price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and RED 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
1,499.46 PAB
1,499.46 PAB
1,499.79 PAB
1,500.45 PAB
Low
1,470.96 PAB
1,470.14 PAB
1,469.63 PAB
1,469.63 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-1.48%
-0.91%
+0.11%
+0.07%
Buy
Sell
Buy RED (or USDT) for PAB (Panamanian Balboa) offers
RED's current market price is B/.1,498.53 per RED, with a total market cap of B/.0 PAB based on a circulating supply of -- RED. The trading volume of RED has changed by +0.55% (B/.143.97 PAB) in the last 24 hours. Last trading day, RED's trading volume was B/.25,987.88.
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 currency pair is the RED to PAB, with for RED's currency code being RED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
The exchange rate of 1 RED to Panamanian Balboa has changed by -0.91% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.48%, reaching a high of 1,499.46 PAB and a low of 1,470.96 PAB . One month ago, the value of 1 RED was B/.1,496.92 PAB , which represents a +0.11% change from its current value. Over the last year, RED has changed by
+B/.
473.05PAB
, resulting in a change of +1.36% in its value.
24 hours ago1 month ago1 year ago
Amount
22:59 today
24 hours ago
24h change
0.5 RED
B/.749.26
B/.760.34
-1.48%
1 RED
B/.1,498.53
B/.1,520.68
-1.48%
5 RED
B/.7,492.63
B/.7,603.42
-1.48%
10 RED
B/.14,985.26
B/.15,206.84
-1.48%
50 RED
B/.74,926.32
B/.76,034.21
-1.48%
100 RED
B/.149,852.64
B/.152,068.41
-1.48%
500 RED
B/.749,263.2
B/.760,342.05
-1.48%
1000 RED
B/.1,498,526.4
B/.1,520,684.1
-1.48%
RED to PAB FAQ
How much is 1 RED in PAB?
Right now, the price of 1 RED (RED) in Panamanian Balboa (PAB) is B/.1,498.53.
How much RED can I buy for 1 PAB?
Based on the current exchange rate, you can get 0.0006673 RED for 1 PAB.
How do I calculate or convert RED to PAB?
You can use our RED to PAB calculator at the top of this page to convert any amount of RED to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 0.003337 RED, while 5 RED will cost around 7,492.63PAB.
What is the highest price of RED/PAB in history?
The all-time high price of 1 RED in PAB is B/.1,500.45. It remains to be seen if the value of 1 RED/PAB will exceed the current all-time high.
What is the price trend of RED in PAB?
Over the past 7 days, the exchange rate of RED (RED) has gone down by 0.91%.
Over the last month, the exchange rate of RED (RED) has gone up by 0.11% against Panamanian Balboa (PAB).
What factors influence the conversion rate of RED to PAB?
There are many factors that affect the relationship between RED 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 RED/PAB. When there is positive news in the market about the widespread adoption of RED or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RED/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RED/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 RED/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 and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular RED currency pairs: RED to US Dollar (USD), RED to Euro (EUR), RED to Pound Sterling (GBP), RED to Canadian Dollar (CAD), RED to Indian Rupee (INR), RED to Pakistani Rupee (PKR), RED to Brazilian Real (BRL), RED to… The price of RED in the US is $1,498.53 USD. Additionally, RED’s price is €1,286.04 EUR in the eurozone, £1,107.56 GBP in the UK, C$2,070.36 CAD in Canada, ₹131,407.43 INR in India, ₨424,366.34 PKR in Pakistan, R$8,107.63 BRL in Brazil, and more. The most popular RED currency pair is the RED to Panamanian Balboa(PAB). The price of 1 RED (RED) in Panamanian Balboa (PAB) is B/.1,498.53.
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.