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base info Lido DAO

Lido DAO to Kenyan Shilling Converter and calculator

Convert 1Lido DAO (LDO) to Kenyan Shilling (KES) equals Sh 254.41 | 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 Lido DAO currency pair is the LDO to KES, with for Lido DAO's currency code being LDO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

LDO to KES conversion rate trend

1D7D1M3M1YAll
In the past 1D, Lido DAO has changed -3.25% to KES. Based on the trend and price charts, Lido DAO(LDO) has changed -3.25% to KES while Kenyan Shilling(KES) has changed % to LDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh252.38
0.0001% / 0.0004%vip-iconVIP
Binance
Sh251.98
0.1000% / 0.1000%
Yes
OKX
Sh251.98
0.080% / 0.100%
Yes
Huobi
Sh252.23
0.1000% / 0.1000%
Yes
Gate.io
Sh250.58
0.1000% / 0.1000%
Yes
Bybit
Sh252.4
0.1000% / 0.1000%
Yes
KuCoin
Sh252.2
0.1000% / 0.1000%
Yes
Bitfinex
Sh253.46
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 10:00:51(UTC+0)

What factors influence the conversion rate of Lido DAO to Kenyan Shilling?

Lido DAO to Kenyan Shilling is falling this week.
Lido DAO's current market price is Sh 254.41 per LDO, with a total market cap of Sh 226,867,601,108.13 KES based on a circulating supply of 891,731,000 LDO. The trading volume of Lido DAO has changed by -4.99% (Sh -1,256,852,563.81 KES) in the last 24 hours. Last trading day, LDO's trading volume was Sh 25,190,455,040.82.
Market cap
$1.78B
24h volume
$188.16M
Circulating supply
891.73M LDO

Conversion tables

The exchange rate of Lido DAO is decreasing.
1 LDO is currently valued at Sh 254.41 KES , which means buying 5 LDO will cost Sh 1,272.06 KES . Similarly, Sh1 KES can be traded for 0.003931 LDO, and Sh50 KES can be converted to 0.1965 LDO, excluding any platform or gas fees.
The exchange rate of 1 LDO to Kenyan Shilling has changed by -23.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.25%, reaching a high of 265.82 KES and a low of 197.39 KES . One month ago, the value of 1 LDO was Sh 376.62 KES , which represents a -32.45% change from its current value. Over the last year, Lido DAO has changed by
-Sh
72.9KES
, resulting in a change of -22.27% in its value.

LDO to KES

Amount
10:34 am today
0.5 LDO
Sh127.21
1 LDO
Sh254.41
5 LDO
Sh1,272.06
10 LDO
Sh2,544.13
50 LDO
Sh12,720.63
100 LDO
Sh25,441.26
500 LDO
Sh127,206.3
1000 LDO
Sh254,412.61

KES to LDO

Amount10:34 am today
0.5KES0.001965  LDO
1KES0.003931  LDO
5KES0.01965  LDO
10KES0.03931  LDO
50KES0.1965  LDO
100KES0.3931  LDO
500KES1.97  LDO
1000KES3.93  LDO
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Today vs. 24 hours ago

Amount10:34 am today24 hours ago24h change
0.5 LDO$1$1.03
-3.25%
1 LDO$2$2.07
-3.25%
5 LDO$10$10.34
-3.25%
10 LDO$20$20.67
-3.25%
50 LDO$100.01$103.37
-3.25%
100 LDO$200.02$206.74
-3.25%
500 LDO$1,000.08$1,033.72
-3.25%
1000 LDO$2,000.16$2,067.44
-3.25%

Today vs. 1 month ago

Amount10:34 am today1 month ago1M change
0.5 LDO$1$1.48
-32.45%
1 LDO$2$2.96
-32.45%
5 LDO$10$14.8
-32.45%
10 LDO$20$29.61
-32.45%
50 LDO$100.01$148.05
-32.45%
100 LDO$200.02$296.1
-32.45%
500 LDO$1,000.08$1,480.48
-32.45%
1000 LDO$2,000.16$2,960.96
-32.45%

Today vs. 1 year ago

Amount10:34 am today1 year ago1Y change
0.5 LDO$1$1.29
-22.27%
1 LDO$2$2.57
-22.27%
5 LDO$10$12.87
-22.27%
10 LDO$20$25.73
-22.27%
50 LDO$100.01$128.67
-22.27%
100 LDO$200.02$257.33
-22.27%
500 LDO$1,000.08$1,286.66
-22.27%
1000 LDO$2,000.16$2,573.31
-22.27%

FAQ

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