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base info First Digital USD

First Digital USD to Kenyan Shilling Converter and calculator

Convert 1First Digital USD (FDUSD) to Kenyan Shilling (KES) equals Sh 131.21 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of First Digital USD(FDUSD) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 FDUSD at a value of 1 FDUSD for 131.21 KES . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 First Digital USD currency pair is the FDUSD to KES, with for First Digital USD's currency code being FDUSD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

FDUSD to KES conversion rate trend

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In the past 1D, First Digital USD has changed -0.02% to KES. Based on the trend and price charts, First Digital USD(FDUSD) has changed -0.02% to KES while Kenyan Shilling(KES) has changed % to FDUSD in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh131.21
0.0001% / 0.0004%vip-iconVIP
Binance
Sh131.15
0.1000% / 0.1000%
Yes
Gate.io
Sh131.12
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 12:00:22(UTC+0)

What factors influence the conversion rate of First Digital USD to Kenyan Shilling?

First Digital USD to Kenyan Shilling is falling this week.
First Digital USD's current market price is Sh 131.21 per FDUSD, with a total market cap of Sh 470,882,442,057.09 KES based on a circulating supply of 3,588,766,500 FDUSD. The trading volume of First Digital USD has changed by -34.07% (Sh -432,440,881,332.34 KES) in the last 24 hours. Last trading day, FDUSD's trading volume was Sh 1,269,115,287,614.5.
Market cap
$3.59B
24h volume
$6.38B
Circulating supply
3.59B FDUSD

Conversion tables

The exchange rate of First Digital USD is increasing.
1 FDUSD is currently valued at Sh 131.21 KES , which means buying 5 FDUSD will cost Sh 656.05 KES . Similarly, Sh1 KES can be traded for 0.007621 FDUSD, and Sh50 KES can be converted to 0.3811 FDUSD, excluding any platform or gas fees.
The exchange rate of 1 FDUSD to Kenyan Shilling has changed by -0.24% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 131.47 KES and a low of 131.01 KES . One month ago, the value of 1 FDUSD was Sh 131.18 KES , which represents a +0.02% change from its current value. Over the last year, First Digital USD has changed by
+Sh
0.007479KES
, resulting in a change of --% in its value.

FDUSD to KES

Amount
12:30 today
0.5 FDUSD
Sh65.61
1 FDUSD
Sh131.21
5 FDUSD
Sh656.05
10 FDUSD
Sh1,312.1
50 FDUSD
Sh6,560.51
100 FDUSD
Sh13,121.01
500 FDUSD
Sh65,605.05
1000 FDUSD
Sh131,210.11

KES to FDUSD

Amount12:30 today
0.5KES0.003811  FDUSD
1KES0.007621  FDUSD
5KES0.03811  FDUSD
10KES0.07621  FDUSD
50KES0.3811  FDUSD
100KES0.7621  FDUSD
500KES3.81  FDUSD
1000KES7.62  FDUSD
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Today vs. 24 hours ago

Amount12:30 today24 hours ago24h change
0.5 FDUSD$0.5000$0.5001
-0.02%
1 FDUSD$1.0000$1
-0.02%
5 FDUSD$5$5
-0.02%
10 FDUSD$10$10
-0.02%
50 FDUSD$50$50.01
-0.02%
100 FDUSD$100$100.02
-0.02%
500 FDUSD$499.99$500.09
-0.02%
1000 FDUSD$999.98$1,000.18
-0.02%

Today vs. 1 month ago

Amount12:30 today1 month ago1M change
0.5 FDUSD$0.5000$0.4999
+0.02%
1 FDUSD$1.0000$0.9998
+0.02%
5 FDUSD$5$5
+0.02%
10 FDUSD$10$10
+0.02%
50 FDUSD$50$49.99
+0.02%
100 FDUSD$100$99.98
+0.02%
500 FDUSD$499.99$499.89
+0.02%
1000 FDUSD$999.98$999.77
+0.02%

Today vs. 1 year ago

Amount12:30 today1 year ago1Y change
0.5 FDUSD$0.5000$-0.{4}3609
--
1 FDUSD$1.0000$-0.{4}7218
--
5 FDUSD$5$-0.0003609
--
10 FDUSD$10$-0.0007218
--
50 FDUSD$50$-0.003609
--
100 FDUSD$100$-0.007218
--
500 FDUSD$499.99$-0.03609
--
1000 FDUSD$999.98$-0.07218
--

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.