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base info Mantle

Mantle to Kenyan Shilling Converter and calculator

Convert 1Mantle (MNT) to Kenyan Shilling (KES) equals Sh 145.3 | 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 Mantle currency pair is the MNT to KES, with for Mantle's currency code being MNT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

MNT to KES conversion rate trend

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In the past 1D, Mantle has changed -4.64% to KES. Based on the trend and price charts, Mantle(MNT) has changed -4.64% to KES while Kenyan Shilling(KES) has changed % to MNT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh145.3
0.0001% / 0.0004%vip-iconVIP
Huobi
Sh146.7
0.1000% / 0.1000%
Yes
Gate.io
Sh146.79
0.1000% / 0.1000%
Yes
Bybit
Sh146.71
0.1000% / 0.1000%
Yes
KuCoin
Sh146.8
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 02:00:33(UTC+0)

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

Mantle to Kenyan Shilling is falling this week.
Mantle's current market price is Sh 145.3 per MNT, with a total market cap of Sh 474,336,398,761.57 KES based on a circulating supply of 3,264,441,600 MNT. The trading volume of Mantle has changed by -4.03% (Sh -457,589,694.87 KES) in the last 24 hours. Last trading day, MNT's trading volume was Sh 11,341,918,326.31.
Market cap
$3.59B
24h volume
$82.46M
Circulating supply
3.26B MNT

Conversion tables

The exchange rate of Mantle is increasing.
1 MNT is currently valued at Sh 145.3 KES , which means buying 5 MNT will cost Sh 726.52 KES . Similarly, Sh1 KES can be traded for 0.006882 MNT, and Sh50 KES can be converted to 0.3441 MNT, excluding any platform or gas fees.
The exchange rate of 1 MNT to Kenyan Shilling has changed by -16.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.64%, reaching a high of 155.39 KES and a low of 144.31 KES . One month ago, the value of 1 MNT was Sh 107.03 KES , which represents a +36.15% change from its current value. Over the last year, Mantle has changed by
+Sh
12.17KES
, resulting in a change of --% in its value.

MNT to KES

Amount
02:30 am today
0.5 MNT
Sh72.65
1 MNT
Sh145.3
5 MNT
Sh726.52
10 MNT
Sh1,453.04
50 MNT
Sh7,265.2
100 MNT
Sh14,530.4
500 MNT
Sh72,652
1000 MNT
Sh145,303.99

KES to MNT

Amount02:30 am today
0.5KES0.003441  MNT
1KES0.006882  MNT
5KES0.03441  MNT
10KES0.06882  MNT
50KES0.3441  MNT
100KES0.6882  MNT
500KES3.44  MNT
1000KES6.88  MNT
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Today vs. 24 hours ago

Amount02:30 am today24 hours ago24h change
0.5 MNT$0.5504$0.5770
-4.64%
1 MNT$1.1$1.15
-4.64%
5 MNT$5.5$5.77
-4.64%
10 MNT$11.01$11.54
-4.64%
50 MNT$55.04$57.7
-4.64%
100 MNT$110.08$115.4
-4.64%
500 MNT$550.42$577
-4.64%
1000 MNT$1,100.84$1,154
-4.64%

Today vs. 1 month ago

Amount02:30 am today1 month ago1M change
0.5 MNT$0.5504$0.4054
+36.15%
1 MNT$1.1$0.8109
+36.15%
5 MNT$5.5$4.05
+36.15%
10 MNT$11.01$8.11
+36.15%
50 MNT$55.04$40.54
+36.15%
100 MNT$110.08$81.09
+36.15%
500 MNT$550.42$405.44
+36.15%
1000 MNT$1,100.84$810.87
+36.15%

Today vs. 1 year ago

Amount02:30 am today1 year ago1Y change
0.5 MNT$0.5504$0.004333
--
1 MNT$1.1$0.008666
--
5 MNT$5.5$0.04333
--
10 MNT$11.01$0.08666
--
50 MNT$55.04$0.4333
--
100 MNT$110.08$0.8666
--
500 MNT$550.42$4.33
--
1000 MNT$1,100.84$8.67
--

FAQ

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