Convert and Swap Ravencoin RVN to Canadian Dollar CAD
RVN/CAD: 1 Ravencoin equals CA$0.0301 CAD
Ravencoin (RVN) is not tradable on Coinbase.
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Last update: 5:20 PM, December 22, 2024
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Ravencoin is falling this week.
The current price of Ravencoin is CA$0.0301 per RVN. With a circulating supply of 14,633,594,591.408 RVN, it means that Ravencoin has a total market cap of CA$439,233,991.66. The amount of Ravencoin traded has fallen by CA$4,266,786.03 in the last 24 hours, which is a 29.51% decrease. Additionally, in the last day, CA$14,459,380.03 worth of RVN has been traded.
About Ravencoin
Ravencoin (RVN) is a digital peer-to-peer network that seeks to implement a use-case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Launched on January 3rd, 2018, Ravencoin is built on a fork of the Bitcoin code, focusing on building a useful technology, with a strong and growing community. It is a truly open-source project, with no initial coin offering (ICO) or masternodes. The project is named after the ravens from the TV show Game of Thrones, which were used as messengers carrying statements of truth.
Ravencoin operates on a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another. It features four key changes from the Bitcoin code: a modified issuance schedule with a block reward of 5,000 RVN, a reduced block time to one minute, a coin supply capped at 21 billion (a thousand times more than Bitcoin), and a mining algorithm (KAWPOW, formerly X16R and X16RV2 respectively) intended to mitigate the centralization of mining caused by ASIC hardware. The KAWPOW algorithm is designed to be ASIC resistant, allowing most consumer-grade GPU hardware to mine Ravencoin.
Ravencoin aims to solve the problem of assets transfer and trading over blockchain. The RVN coins are designed as internal currency within the network and must be burnt in order to issue token assets on the Ravenchain. These assets can represent anything: real-world custodial objects like gold or physical euros, virtual goods and objects, a share of a project like stocks and securities, airline miles, or an hour of someone’s wage, etc. The planned future versions of Ravencoin protocol will support integrated messaging and voting systems, further expanding its potential use cases.
The Ravencoin whitepaper was published by Bruce Fenton, Tron Black, and Joel Weight, all seasoned businessmen and developers. Fenton is known in the crypto world for being a board member and an executive director of the Bitcoin Foundation from 2015 to 2018. Tron Black is a principal software developer with more than 30 years of experience, including leading several software companies as a CEO. Joel Weight is a chief technology officer at Overstock.com, a well-known online retailer. Ravencoin was announced on Oct. 31, 2017, and released binaries for mining on Jan. 3, 2018, with a fair launch: no premine, ICO, or masternodes.
How Ravencoin and Canadian Dollar differ
Ravencoin (RVN) and the Canadian Dollar (CAD) are both mediums of exchange, but they operate in fundamentally different ways. Ravencoin is a digital peer-to-peer network that aims to facilitate the efficient transfer of assets from one party to another. It operates on a blockchain optimized specifically for asset transfers, with a coin supply capped at 21 billion and a mining algorithm designed to mitigate the centralization of mining. On the other hand, the Canadian Dollar is a traditional fiat currency, regulated by the Bank of Canada, and used for all types of transactions within the country. Unlike Ravencoin, which is decentralized and operates globally, the Canadian Dollar is centralized and primarily used within Canada. Furthermore, while Ravencoin's value can fluctuate significantly due to market dynamics, the Canadian Dollar tends to be more stable, backed by the Canadian government's monetary policies. Lastly, while Ravencoin seeks to solve the problem of asset transfer and trading over blockchain, the Canadian Dollar serves as a standard currency for everyday transactions.
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RVN to Canadian Dollar conversion tables
The exchange rate of Ravencoin is decreasing.
The current value of 1 RVN is CA$0.03 CAD. In other words, to buy 5 Ravencoin, it would cost you CA$0.15 CAD. Inversely, CA$1.00 CAD would allow you to trade for 33.26 RVN while CA$50.00 CAD would convert to 1,663.10 RVN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 24.66%. Meanwhile, in the last 24 hours, the rate has changed by 1.13%, and that the the highest exchange rate of 1 RVN to Canadian Dollar was CA$0.0307 CAD and the lowest 24 hour value was 1 RVN for CA$0.0289 CAD. This time last month, the value of 1 RVN was CA$0.03 CAD, which is a 4.96% increase from where it is now. Looking back a year, Ravencoin has changed by CA$0.03 CAD. That means that in a single year, the value of Ravencoin has shrank by 10.04%.
RVN to CAD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
CA$0.0301 CAD | -1.13% | CA$0.0395 CAD | -24.66% | CA$0.0304 CAD | -4.96% | CA$0.0302 CAD | -10.04% |
RVN to CAD
Amount | Today at 5:20 pm |
|---|---|
0.5 RVN | CA$0.0150 |
1 RVN | CA$0.0301 |
5 RVN | CA$0.1503 |
10 RVN | CA$0.3006 |
50 RVN | CA$1.5032 |
100 RVN | CA$3.0064 |
500 RVN | CA$15.0322 |
1,000 RVN | CA$30.0644 |
CAD to RVN
Amount | Today at 5:20 pm |
|---|---|
0.5 CAD | 16.63 RVN |
1 CAD | 33.26 RVN |
5 CAD | 166.31 RVN |
10 CAD | 332.62 RVN |
50 CAD | 1,663.10 RVN |
100 CAD | 3,326.20 RVN |
500 CAD | 16,630.98 RVN |
1,000 CAD | 33,261.95 RVN |
Today vs. 24 hours ago
Amount | Today at 5:20 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 RVN | CA$0.0150 | CA$0.0151 | -0.33% |
1 RVN | CA$0.0301 | CA$0.0302 | -0.33% |
5 RVN | CA$0.15 | CA$0.15 | -0.33% |
10 RVN | CA$0.30 | CA$0.30 | -0.33% |
50 RVN | CA$1.50 | CA$1.51 | -0.33% |
100 RVN | CA$3.01 | CA$3.02 | -0.33% |
500 RVN | CA$15.03 | CA$15.08 | -0.33% |
1,000 RVN | CA$30.06 | CA$30.17 | -0.33% |
Today vs. 1 month ago
Amount | Today at 5:20 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 RVN | CA$0.0150 | CA$0.0157 | -4.07% |
1 RVN | CA$0.0301 | CA$0.0313 | -4.07% |
5 RVN | CA$0.15 | CA$0.16 | -4.07% |
10 RVN | CA$0.30 | CA$0.31 | -4.07% |
50 RVN | CA$1.50 | CA$1.57 | -4.07% |
100 RVN | CA$3.01 | CA$3.13 | -4.07% |
500 RVN | CA$15.03 | CA$15.67 | -4.07% |
1,000 RVN | CA$30.06 | CA$31.34 | -4.07% |
Today vs. 1 year ago
Amount | Today at 5:20 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 RVN | CA$0.0150 | CA$0.0164 | -8.29% |
1 RVN | CA$0.0301 | CA$0.0328 | -8.29% |
5 RVN | CA$0.15 | CA$0.16 | -8.29% |
10 RVN | CA$0.30 | CA$0.33 | -8.29% |
50 RVN | CA$1.50 | CA$1.64 | -8.29% |
100 RVN | CA$3.01 | CA$3.28 | -8.29% |
500 RVN | CA$15.03 | CA$16.39 | -8.29% |
1,000 RVN | CA$30.06 | CA$32.78 | -8.29% |
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