Currency.Wiki

1 Russian Ruble to Panamanian Balboa

Updated 1 minute ago
Convert 1 RUB:PAB
 RUB =
    PAB
 Russian Ruble =  Panamanian Balboas
Trending: RUB exchange rates for the last 24 hours
  • RUB/USD 0.010710 -0.00041000
  • RUB/EUR 0.010007 -0.00028465
  • RUB/JPY 1.685231 0.05045711
  • RUB/GBP 0.008555 -0.00021556
  • RUB/CHF 0.009790 0.00020079
  • RUB/MXN 0.182663 -0.00882773
  • RUB/INR 0.893859 -0.02969970
  • RUB/BRL 0.055451 0.00036811
  • RUB/CNY 0.077551 -0.00143425

RUB/PAB exchange rate analysis over the past 90 days

Russian Ruble to Panamanian Balboa exchange rate: Over the last 90 days, the Russian Ruble weakened by -3.83% against the Panamanian Balboa, declining from B\\/.0.0111 to B\\/.0.0107 per Russian Ruble. This trend reflects the evolving economic dynamics between the Russia and the Panama. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Russia and Panama.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Russia and Panama.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Russia or Panama.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Russia relative to the Panama.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

rub/pab Historical Chart

RUB
Russian Ruble Currency

Country: Russia

Symbol: RUB

ISO Code: RUB

Bank: Bank of Russia

Interesting fact about Russian Ruble

The Russian Ruble (RUB) is the official currency of Russia. It has a storied history, stretching back to medieval times. Today, the Ruble is an essential component of Russia's economy and represents stability and national identity. Its fluctuations are closely monitored both domestically and internationally, as they affect various sectors like imports, exports, and investments.

B\\/.
Panamanian Balboa Currency

Country: Panama

Symbol: B\\/.

ISO Code: PAB

Bank: National Bank of Panama

Interesting fact about Panamanian Balboa

The Panamanian Balboa (PAB) is the national currency of Panama, equivalent in value to the United States dollar (USD). It was introduced in 1904 when Panama gained independence from Colombia and has since played a vital role in the country's economy. The Balboa is mainly used for accounting purposes, while the USD is the dominant form of physical currency in circulation.

Quick Conversion Guide

Frequently Asked Questions

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The Russian Ruble to Panamanian Balboa exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 RUB to PAB is B\\/.0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Russian Ruble to Panamanian Balboa exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.