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base info Hedera

Hedera to Kenyan Shilling Converter and calculator

Convert 1Hedera (HBAR) to Kenyan Shilling (KES) equals Sh 10.25 | 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 Hedera currency pair is the HBAR to KES, with for Hedera's currency code being HBAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

HBAR to KES conversion rate trend

1D7D1M3M1YAll
In the past 1D, Hedera has changed -7.16% to KES. Based on the trend and price charts, Hedera(HBAR) has changed -7.16% to KES while Kenyan Shilling(KES) has changed % to HBAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh10.25
0.0001% / 0.0004%vip-iconVIP
Binance
Sh10.18
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh10.17
0.1000% / 0.1000%
Yes
OKX
Sh10.17
0.080% / 0.100%
Yes
Huobi
Sh10.17
0.1000% / 0.1000%
Yes
Gate.io
Sh10.17
0.1000% / 0.1000%
Yes
Bybit
Sh10.18
0.1000% / 0.1000%
Yes
KuCoin
Sh10.17
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 14:00:28(UTC+0)

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

Hedera to Kenyan Shilling is falling this week.
Hedera's current market price is Sh 10.25 per HBAR, with a total market cap of Sh 366,421,446,206.84 KES based on a circulating supply of 35,733,447,000 HBAR. The trading volume of Hedera has changed by -8.61% (Sh -992,081,061.78 KES) in the last 24 hours. Last trading day, HBAR's trading volume was Sh 11,524,837,501.27.
Market cap
$2.79B
24h volume
$80.10M
Circulating supply
35.73B HBAR

Conversion tables

The exchange rate of Hedera is decreasing.
1 HBAR is currently valued at Sh 10.25 KES , which means buying 5 HBAR will cost Sh 51.27 KES . Similarly, Sh1 KES can be traded for 0.09752 HBAR, and Sh50 KES can be converted to 4.88 HBAR, excluding any platform or gas fees.
The exchange rate of 1 HBAR to Kenyan Shilling has changed by -25.91% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.16%, reaching a high of 10.93 KES and a low of 10.11 KES . One month ago, the value of 1 HBAR was Sh 15.15 KES , which represents a -32.32% change from its current value. Over the last year, Hedera has changed by
+Sh
1.51KES
, resulting in a change of +17.21% in its value.

HBAR to KES

Amount
14:42 today
0.5 HBAR
Sh5.13
1 HBAR
Sh10.25
5 HBAR
Sh51.27
10 HBAR
Sh102.54
50 HBAR
Sh512.71
100 HBAR
Sh1,025.43
500 HBAR
Sh5,127.15
1000 HBAR
Sh10,254.3

KES to HBAR

Amount14:42 today
0.5KES0.04876  HBAR
1KES0.09752  HBAR
5KES0.4876  HBAR
10KES0.9752  HBAR
50KES4.88  HBAR
100KES9.75  HBAR
500KES48.76  HBAR
1000KES97.52  HBAR
share

Today vs. 24 hours ago

Amount14:42 today24 hours ago24h change
0.5 HBAR$0.03899$0.04200
-7.16%
1 HBAR$0.07798$0.08399
-7.16%
5 HBAR$0.3899$0.4200
-7.16%
10 HBAR$0.7798$0.8399
-7.16%
50 HBAR$3.9$4.2
-7.16%
100 HBAR$7.8$8.4
-7.16%
500 HBAR$38.99$42
-7.16%
1000 HBAR$77.98$83.99
-7.16%

Today vs. 1 month ago

Amount14:42 today1 month ago1M change
0.5 HBAR$0.03899$0.05762
-32.32%
1 HBAR$0.07798$0.1152
-32.32%
5 HBAR$0.3899$0.5762
-32.32%
10 HBAR$0.7798$1.15
-32.32%
50 HBAR$3.9$5.76
-32.32%
100 HBAR$7.8$11.52
-32.32%
500 HBAR$38.99$57.62
-32.32%
1000 HBAR$77.98$115.24
-32.32%

Today vs. 1 year ago

Amount14:42 today1 year ago1Y change
0.5 HBAR$0.03899$0.03326
+17.21%
1 HBAR$0.07798$0.06652
+17.21%
5 HBAR$0.3899$0.3326
+17.21%
10 HBAR$0.7798$0.6652
+17.21%
50 HBAR$3.9$3.33
+17.21%
100 HBAR$7.8$6.65
+17.21%
500 HBAR$38.99$33.26
+17.21%
1000 HBAR$77.98$66.52
+17.21%

FAQ

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