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Maker to Kenyan Shilling Converter and calculator

Convert 1Maker (MKR) to Kenyan Shilling (KES) equals Sh 381,982.54 | 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Maker currency pair is the MKR to KES, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

MKR to KES conversion rate trend

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In the past 1D, Maker has changed +20.66% to KES. Based on the trend and price charts, Maker(MKR) has changed +20.66% to KES while Kenyan Shilling(KES) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh379,641.9
0.0001% / 0.0004%vip-iconVIP
Binance
Sh379,171.28
0.1000% / 0.1000%
Yes
OKX
Sh379,476.55
0.080% / 0.100%
Yes
Huobi
Sh379,027.54
0.1000% / 0.1000%
Yes
Gate.io
Sh379,251.41
0.1000% / 0.1000%
Yes
Bybit
Sh379,425.67
0.1000% / 0.1000%
Yes
KuCoin
Sh378,988.11
0.1000% / 0.1000%
Yes
Bitfinex
Sh378,624.33
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 20:00:33(UTC+0)

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

Maker to Kenyan Shilling is falling this week.
Maker's current market price is Sh 381,982.54 per MKR, with a total market cap of Sh 353,222,967,793.28 KES based on a circulating supply of 924,709.7 MKR. The trading volume of Maker has changed by +57.37% (Sh 9,134,557,028.77 KES) in the last 24 hours. Last trading day, MKR's trading volume was Sh 15,923,405,366.23.
Market cap
$2.78B
24h volume
$197.00M
Circulating supply
924.71K MKR

Conversion tables

The exchange rate of Maker is increasing.
1 MKR is currently valued at Sh 381,982.54 KES , which means buying 5 MKR will cost Sh 1,909,912.68 KES . Similarly, Sh1 KES can be traded for 0.{5}2618 MKR, and Sh50 KES can be converted to 0.0001309 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Kenyan Shilling has changed by -16.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +20.66%, reaching a high of 382,060.02 KES and a low of 314,278.71 KES . One month ago, the value of 1 MKR was Sh 346,036.07 KES , which represents a +10.39% change from its current value. Over the last year, Maker has changed by
+Sh
29,449.31KES
, resulting in a change of +289.22% in its value.

MKR to KES

Amount
20:14 today
0.5 MKR
Sh190,991.27
1 MKR
Sh381,982.54
5 MKR
Sh1,909,912.68
10 MKR
Sh3,819,825.37
50 MKR
Sh19,099,126.83
100 MKR
Sh38,198,253.66
500 MKR
Sh190,991,268.28
1000 MKR
Sh381,982,536.55

KES to MKR

Amount20:14 today
0.5KES0.{5}1309  MKR
1KES0.{5}2618  MKR
5KES0.{4}1309  MKR
10KES0.{4}2618  MKR
50KES0.0001309  MKR
100KES0.0002618  MKR
500KES0.001309  MKR
1000KES0.002618  MKR
share

Today vs. 24 hours ago

Amount20:14 today24 hours ago24h change
0.5 MKR$1,501.55$1,244.72
+20.66%
1 MKR$3,003.1$2,489.43
+20.66%
5 MKR$15,015.51$12,447.17
+20.66%
10 MKR$30,031.02$24,894.34
+20.66%
50 MKR$150,155.09$124,471.69
+20.66%
100 MKR$300,310.18$248,943.38
+20.66%
500 MKR$1,501,550.9$1,244,716.9
+20.66%
1000 MKR$3,003,101.8$2,489,433.8
+20.66%

Today vs. 1 month ago

Amount20:14 today1 month ago1M change
0.5 MKR$1,501.55$1,360.25
+10.39%
1 MKR$3,003.1$2,720.49
+10.39%
5 MKR$15,015.51$13,602.47
+10.39%
10 MKR$30,031.02$27,204.95
+10.39%
50 MKR$150,155.09$136,024.74
+10.39%
100 MKR$300,310.18$272,049.49
+10.39%
500 MKR$1,501,550.9$1,360,247.45
+10.39%
1000 MKR$3,003,101.8$2,720,494.9
+10.39%

Today vs. 1 year ago

Amount20:14 today1 year ago1Y change
0.5 MKR$1,501.55$385.79
+289.22%
1 MKR$3,003.1$771.57
+289.22%
5 MKR$15,015.51$3,857.87
+289.22%
10 MKR$30,031.02$7,715.75
+289.22%
50 MKR$150,155.09$38,578.74
+289.22%
100 MKR$300,310.18$77,157.47
+289.22%
500 MKR$1,501,550.9$385,787.35
+289.22%
1000 MKR$3,003,101.8$771,574.7
+289.22%

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.