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base info Avalanche

Avalanche to Kenyan Shilling Converter and calculator

Convert 1Avalanche (AVAX) to Kenyan Shilling (KES) equals Sh 4,689.91 | Bitget

KES information

About Kenyan Shilling (KES)

The Kenyan Shilling (KES), introduced in 1966, replaced the East African Shilling to become the official currency of Kenya. It is commonly abbreviated as KES and represented by the symbol KSh. This change was a significant milestone in Kenya's journey towards economic independence and sovereignty. The Kenyan Shilling is more than just a medium of financial transaction; it reflects the country's rich cultural heritage, economic challenges, and aspirations.

Historical Background

The adoption of the Kenyan Shilling was a key step in post-colonial Kenya's economic development. It symbolized a break away from the East African Currency Board arrangement and was a crucial part of establishing a separate monetary identity following independence in 1963.

Design and Symbolism

The design of the Kenyan Shilling incorporates elements of Kenya's diverse culture and rich natural heritage. Banknotes and coins feature images of Kenya's founding father, Jomo Kenyatta, and later Mzee Jomo Kenyatta, and other prominent figures, along with various wildlife species, showcasing Kenya's commitment to preserving its natural and cultural heritage.

Economic Role

The Kenyan Shilling is central to Kenya's economy, which is one of the largest and most dynamic in East Africa. The currency facilitates trade in key sectors such as agriculture, tourism, manufacturing, and services. The stability and value of the Shilling are vital for economic growth and the well-being of Kenyan citizens.

Monetary Policy and Inflation

The Central Bank of Kenya manages the Shilling, implementing monetary policies aimed at maintaining currency stability and controlling inflation. These policies are essential for fostering a favorable economic environment and encouraging investment.

The Shilling in International Trade

The Kenyan Shilling's exchange rate is crucial in international trade, especially for Kenya's exports like tea, coffee, and horticultural products. A stable exchange rate is essential for maintaining competitive export prices and attracting foreign investments.

Remittances and Economic Impact

Remittances from Kenyans living abroad, particularly in North America and Europe, are a significant source of foreign income. These funds, exchanged for Shillings, support many families and contribute to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Avalanche currency pair is the AVAX to KES, with for Avalanche's currency code being AVAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

AVAX to KES conversion rate trend

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In the past 1D, Avalanche has changed +2.72% to KES. Based on the trend and price charts, Avalanche(AVAX) has changed +2.72% to KES while Kenyan Shilling(KES) has changed % to AVAX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh4,717.6
0.0001% / 0.0004%vip-iconVIP
Binance
Sh4,703.2
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh4,707.21
0.1000% / 0.1000%
Yes
Kraken
Sh4,739.25
0.1000% / 0.1000%
Yes
OKX
Sh4,705.47
0.080% / 0.100%
Yes
Huobi
Sh4,703.2
0.1000% / 0.1000%
Yes
Gate.io
Sh4,703.2
0.1000% / 0.1000%
Yes
Bybit
Sh4,717.26
0.1000% / 0.1000%
Yes
KuCoin
Sh4,703.47
0.1000% / 0.1000%
Yes
Bitfinex
Sh4,706.81
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 13:00:30(UTC+0)

What factors influence the conversion rate of Avalanche to Kenyan Shilling?

Avalanche to Kenyan Shilling is falling this week.
Avalanche's current market price is Sh 4,689.91 per AVAX, with a total market cap of Sh 1,772,739,854,398.39 KES based on a circulating supply of 377,989,820 AVAX. The trading volume of Avalanche has changed by -1.48% (Sh -1,350,644,590.12 KES) in the last 24 hours. Last trading day, AVAX's trading volume was Sh 91,420,372,960.31.
Market cap
$13.28B
24h volume
$674.68M
Circulating supply
377.99M AVAX

Conversion tables

The exchange rate of Avalanche is decreasing.
1 AVAX is currently valued at Sh 4,689.91 KES , which means buying 5 AVAX will cost Sh 23,449.57 KES . Similarly, Sh1 KES can be traded for 0.0002132 AVAX, and Sh50 KES can be converted to 0.01066 AVAX, excluding any platform or gas fees.
The exchange rate of 1 AVAX to Kenyan Shilling has changed by -21.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.72%, reaching a high of 4,804.57 KES and a low of 4,273.21 KES . One month ago, the value of 1 AVAX was Sh 7,107.64 KES , which represents a -34.02% change from its current value. Over the last year, Avalanche has changed by
+Sh
779.39KES
, resulting in a change of +82.10% in its value.

AVAX to KES

Amount
13:22 today
0.5 AVAX
Sh2,344.96
1 AVAX
Sh4,689.91
5 AVAX
Sh23,449.57
10 AVAX
Sh46,899.14
50 AVAX
Sh234,495.71
100 AVAX
Sh468,991.43
500 AVAX
Sh2,344,957.14
1000 AVAX
Sh4,689,914.27

KES to AVAX

Amount13:22 today
0.5KES0.0001066  AVAX
1KES0.0002132  AVAX
5KES0.001066  AVAX
10KES0.002132  AVAX
50KES0.01066  AVAX
100KES0.02132  AVAX
500KES0.1066  AVAX
1000KES0.2132  AVAX
share

Today vs. 24 hours ago

Amount13:22 today24 hours ago24h change
0.5 AVAX$17.57$17.1
+2.72%
1 AVAX$35.13$34.2
+2.72%
5 AVAX$175.65$171
+2.72%
10 AVAX$351.3$342
+2.72%
50 AVAX$1,756.52$1,709.98
+2.72%
100 AVAX$3,513.04$3,419.95
+2.72%
500 AVAX$17,565.22$17,099.76
+2.72%
1000 AVAX$35,130.44$34,199.51
+2.72%

Today vs. 1 month ago

Amount13:22 today1 month ago1M change
0.5 AVAX$17.57$26.62
-34.02%
1 AVAX$35.13$53.24
-34.02%
5 AVAX$175.65$266.2
-34.02%
10 AVAX$351.3$532.41
-34.02%
50 AVAX$1,756.52$2,662.04
-34.02%
100 AVAX$3,513.04$5,324.07
-34.02%
500 AVAX$17,565.22$26,620.37
-34.02%
1000 AVAX$35,130.44$53,240.74
-34.02%

Today vs. 1 year ago

Amount13:22 today1 year ago1Y change
0.5 AVAX$17.57$9.65
+82.10%
1 AVAX$35.13$19.29
+82.10%
5 AVAX$175.65$96.46
+82.10%
10 AVAX$351.3$192.92
+82.10%
50 AVAX$1,756.52$964.62
+82.10%
100 AVAX$3,513.04$1,929.23
+82.10%
500 AVAX$17,565.22$9,646.17
+82.10%
1000 AVAX$35,130.44$19,292.35
+82.10%

FAQ

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.