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IOTA to Kenyan Shilling Converter and calculator

Convert 1IOTA (IOTA) to Kenyan Shilling (KES) equals Sh 28.4 | 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 IOTA(IOTA) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 IOTA at a value of 1 IOTA for 28.40 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 IOTA currency pair is the IOTA to KES, with for IOTA's currency code being IOTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

IOTA to KES conversion rate trend

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In the past 1D, IOTA has changed +0.07% to KES. Based on the trend and price charts, IOTA(IOTA) has changed +0.07% to KES while Kenyan Shilling(KES) has changed % to IOTA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh28.4
0.0001% / 0.0004%vip-iconVIP
Binance
Sh28.52
0.1000% / 0.1000%
Yes
OKX
Sh28.52
0.080% / 0.100%
Yes
Huobi
Sh31.19
0.1000% / 0.1000%
Yes
Gate.io
Sh28.56
0.1000% / 0.1000%
Yes
KuCoin
Sh28.51
0.1000% / 0.1000%
Yes
Last updated 2024/05/18 13:00:23(UTC+0)

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

IOTA to Kenyan Shilling is rising this week.
IOTA's current market price is Sh 28.4 per IOTA, with a total market cap of Sh 92,806,765,352.9 KES based on a circulating supply of 3,267,780,900 IOTA. The trading volume of IOTA has changed by -20.19% (Sh -348,216,783.88 KES) in the last 24 hours. Last trading day, IOTA's trading volume was Sh 1,724,921,405.84.
Market cap
$708.45M
24h volume
$10.51M
Circulating supply
3.27B IOTA

Conversion tables

The exchange rate of IOTA is decreasing.
1 IOTA is currently valued at Sh 28.4 KES , which means buying 5 IOTA will cost Sh 142 KES . Similarly, Sh1 KES can be traded for 0.03521 IOTA, and Sh50 KES can be converted to 1.76 IOTA, excluding any platform or gas fees.
The exchange rate of 1 IOTA to Kenyan Shilling has changed by +1.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.07%, reaching a high of 29.13 KES and a low of 28.35 KES . One month ago, the value of 1 IOTA was Sh 28.47 KES , which represents a -0.25% change from its current value. Over the last year, IOTA has changed by
+Sh
4.46KES
, resulting in a change of +18.61% in its value.

IOTA to KES

Amount
13:39 today
0.5 IOTA
Sh14.2
1 IOTA
Sh28.4
5 IOTA
Sh142
10 IOTA
Sh284.01
50 IOTA
Sh1,420.03
100 IOTA
Sh2,840.05
500 IOTA
Sh14,200.27
1000 IOTA
Sh28,400.55

KES to IOTA

Amount13:39 today
0.5KES0.01761  IOTA
1KES0.03521  IOTA
5KES0.1761  IOTA
10KES0.3521  IOTA
50KES1.76  IOTA
100KES3.52  IOTA
500KES17.61  IOTA
1000KES35.21  IOTA
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Today vs. 24 hours ago

Amount13:39 today24 hours ago24h change
0.5 IOTA$0.1084$0.1083
+0.07%
1 IOTA$0.2168$0.2166
+0.07%
5 IOTA$1.08$1.08
+0.07%
10 IOTA$2.17$2.17
+0.07%
50 IOTA$10.84$10.83
+0.07%
100 IOTA$21.68$21.66
+0.07%
500 IOTA$108.4$108.32
+0.07%
1000 IOTA$216.8$216.65
+0.07%

Today vs. 1 month ago

Amount13:39 today1 month ago1M change
0.5 IOTA$0.1084$0.1087
-0.25%
1 IOTA$0.2168$0.2173
-0.25%
5 IOTA$1.08$1.09
-0.25%
10 IOTA$2.17$2.17
-0.25%
50 IOTA$10.84$10.87
-0.25%
100 IOTA$21.68$21.73
-0.25%
500 IOTA$108.4$108.67
-0.25%
1000 IOTA$216.8$217.34
-0.25%
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Today vs. 1 year ago

Amount13:39 today1 year ago1Y change
0.5 IOTA$0.1084$0.09137
+18.61%
1 IOTA$0.2168$0.1827
+18.61%
5 IOTA$1.08$0.9137
+18.61%
10 IOTA$2.17$1.83
+18.61%
50 IOTA$10.84$9.14
+18.61%
100 IOTA$21.68$18.27
+18.61%
500 IOTA$108.4$91.37
+18.61%
1000 IOTA$216.8$182.75
+18.61%

IOTA price prediction

What will the price of IOTA be in 2025?

Based on IOTA's historical price performance prediction model, the price of IOTA is projected to reach $0.2381 in 2025.

What will the price of IOTA be in 2030?

In 2030, the IOTA price is expected to rise by -7.00%. By the end of 2030, the IOTA price is projected to reach $0.4402, with a cumulative ROI of +103.03%.
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