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base info Injective

Injective to Kenyan Shilling Converter and calculator

Convert 1Injective (INJ) to Kenyan Shilling (KES) equals Sh 3,755.93 | 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 Injective(INJ) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 INJ at a value of 1 INJ for 3,755.93 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 Injective currency pair is the INJ to KES, with for Injective's currency code being INJ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

INJ to KES conversion rate trend

1D7D1M3M1YAll
In the past 1D, Injective has changed +2.58% to KES. Based on the trend and price charts, Injective(INJ) has changed +2.58% to KES while Kenyan Shilling(KES) has changed % to INJ in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh3,765.54
0.0001% / 0.0004%vip-iconVIP
Binance
Sh3,769.72
0.1000% / 0.1000%
Yes
OKX
Sh3,768.54
0.080% / 0.100%
Yes
Huobi
Sh3,765.51
0.1000% / 0.1000%
Yes
Gate.io
Sh3,765.66
0.1000% / 0.1000%
Yes
Bybit
Sh3,767.76
0.1000% / 0.1000%
Yes
KuCoin
Sh3,769.72
0.1000% / 0.1000%
Yes
Bitfinex
Sh3,712.25
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 16:00:35(UTC+0)

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

Injective to Kenyan Shilling is rising this week.
Injective's current market price is Sh 3,755.93 per INJ, with a total market cap of Sh 350,803,492,928.09 KES based on a circulating supply of 93,400,000 INJ. The trading volume of Injective has changed by -42.70% (Sh -10,139,188,173.39 KES) in the last 24 hours. Last trading day, INJ's trading volume was Sh 23,744,059,232.32.
Market cap
$2.67B
24h volume
$103.69M
Circulating supply
93.40M INJ

Conversion tables

The exchange rate of Injective is decreasing.
1 INJ is currently valued at Sh 3,755.93 KES , which means buying 5 INJ will cost Sh 18,779.63 KES . Similarly, Sh1 KES can be traded for 0.0002662 INJ, and Sh50 KES can be converted to 0.01331 INJ, excluding any platform or gas fees.
The exchange rate of 1 INJ to Kenyan Shilling has changed by +8.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.58%, reaching a high of 3,771.66 KES and a low of 3,599.34 KES . One month ago, the value of 1 INJ was Sh 5,016.26 KES , which represents a -25.13% change from its current value. Over the last year, Injective has changed by
+Sh
121.66KES
, resulting in a change of +271.86% in its value.

INJ to KES

Amount
16:35 today
0.5 INJ
Sh1,877.96
1 INJ
Sh3,755.93
5 INJ
Sh18,779.63
10 INJ
Sh37,559.26
50 INJ
Sh187,796.31
100 INJ
Sh375,592.62
500 INJ
Sh1,877,963.08
1000 INJ
Sh3,755,926.16

KES to INJ

Amount16:35 today
0.5KES0.0001331  INJ
1KES0.0002662  INJ
5KES0.001331  INJ
10KES0.002662  INJ
50KES0.01331  INJ
100KES0.02662  INJ
500KES0.1331  INJ
1000KES0.2662  INJ
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Today vs. 24 hours ago

Amount16:35 today24 hours ago24h change
0.5 INJ$14.31$13.95
+2.58%
1 INJ$28.62$27.91
+2.58%
5 INJ$143.12$139.53
+2.58%
10 INJ$286.25$279.06
+2.58%
50 INJ$1,431.24$1,395.3
+2.58%
100 INJ$2,862.48$2,790.6
+2.58%
500 INJ$14,312.42$13,953.02
+2.58%
1000 INJ$28,624.85$27,906.04
+2.58%

Today vs. 1 month ago

Amount16:35 today1 month ago1M change
0.5 INJ$14.31$19.12
-25.13%
1 INJ$28.62$38.23
-25.13%
5 INJ$143.12$191.15
-25.13%
10 INJ$286.25$382.3
-25.13%
50 INJ$1,431.24$1,911.51
-25.13%
100 INJ$2,862.48$3,823.02
-25.13%
500 INJ$14,312.42$19,115.09
-25.13%
1000 INJ$28,624.85$38,230.18
-25.13%

Today vs. 1 year ago

Amount16:35 today1 year ago1Y change
0.5 INJ$14.31$3.85
+271.86%
1 INJ$28.62$7.7
+271.86%
5 INJ$143.12$38.49
+271.86%
10 INJ$286.25$76.98
+271.86%
50 INJ$1,431.24$384.88
+271.86%
100 INJ$2,862.48$769.77
+271.86%
500 INJ$14,312.42$3,848.83
+271.86%
1000 INJ$28,624.85$7,697.66
+271.86%

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.