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base info NEAR Protocol

NEAR Protocol to Kenyan Shilling Converter and calculator

Convert 1NEAR Protocol (NEAR) to Kenyan Shilling (KES) equals Sh 827.34 | 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 NEAR Protocol(NEAR) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 NEAR at a value of 1 NEAR for 827.34 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 NEAR Protocol currency pair is the NEAR to KES, with for NEAR Protocol's currency code being NEAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

NEAR to KES conversion rate trend

1D7D1M3M1YAll
In the past 1D, NEAR Protocol has changed +12.49% to KES. Based on the trend and price charts, NEAR Protocol(NEAR) has changed +12.49% to KES while Kenyan Shilling(KES) has changed % to NEAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh817.37
0.0001% / 0.0004%vip-iconVIP
Binance
Sh819.94
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh818.11
0.1000% / 0.1000%
Yes
OKX
Sh819.55
0.080% / 0.100%
Yes
Huobi
Sh819.68
0.1000% / 0.1000%
Yes
Gate.io
Sh819.81
0.1000% / 0.1000%
Yes
Bybit
Sh819.98
0.1000% / 0.1000%
Yes
KuCoin
Sh819.7
0.1000% / 0.1000%
Yes
Bitfinex
Sh820.05
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 01:00:34(UTC+0)

What factors influence the conversion rate of NEAR Protocol to Kenyan Shilling?

NEAR Protocol to Kenyan Shilling is rising this week.
NEAR Protocol's current market price is Sh 827.34 per NEAR, with a total market cap of Sh 880,626,335,781.34 KES based on a circulating supply of 1,064,408,260 NEAR. The trading volume of NEAR Protocol has changed by -29.40% (Sh -20,493,886,438.77 KES) in the last 24 hours. Last trading day, NEAR's trading volume was Sh 69,697,851,097.19.
Market cap
$6.71B
24h volume
$375.00M
Circulating supply
1.06B NEAR

Conversion tables

The exchange rate of NEAR Protocol is decreasing.
1 NEAR is currently valued at Sh 827.34 KES , which means buying 5 NEAR will cost Sh 4,136.69 KES . Similarly, Sh1 KES can be traded for 0.001209 NEAR, and Sh50 KES can be converted to 0.06043 NEAR, excluding any platform or gas fees.
The exchange rate of 1 NEAR to Kenyan Shilling has changed by +22.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.49%, reaching a high of 826.75 KES and a low of 730.54 KES . One month ago, the value of 1 NEAR was Sh 830.9 KES , which represents a -0.43% change from its current value. Over the last year, NEAR Protocol has changed by
+Sh
51.18KES
, resulting in a change of +229.78% in its value.

NEAR to KES

Amount
01:37 am today
0.5 NEAR
Sh413.67
1 NEAR
Sh827.34
5 NEAR
Sh4,136.69
10 NEAR
Sh8,273.39
50 NEAR
Sh41,366.94
100 NEAR
Sh82,733.89
500 NEAR
Sh413,669.44
1000 NEAR
Sh827,338.87

KES to NEAR

Amount01:37 am today
0.5KES0.0006043  NEAR
1KES0.001209  NEAR
5KES0.006043  NEAR
10KES0.01209  NEAR
50KES0.06043  NEAR
100KES0.1209  NEAR
500KES0.6043  NEAR
1000KES1.21  NEAR
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Today vs. 24 hours ago

Amount01:37 am today24 hours ago24h change
0.5 NEAR$3.15$2.8
+12.49%
1 NEAR$6.31$5.61
+12.49%
5 NEAR$31.53$28.03
+12.49%
10 NEAR$63.05$56.06
+12.49%
50 NEAR$315.27$280.29
+12.49%
100 NEAR$630.54$560.58
+12.49%
500 NEAR$3,152.68$2,802.9
+12.49%
1000 NEAR$6,305.35$5,605.8
+12.49%

Today vs. 1 month ago

Amount01:37 am today1 month ago1M change
0.5 NEAR$3.15$3.17
-0.43%
1 NEAR$6.31$6.33
-0.43%
5 NEAR$31.53$31.66
-0.43%
10 NEAR$63.05$63.33
-0.43%
50 NEAR$315.27$316.63
-0.43%
100 NEAR$630.54$633.25
-0.43%
500 NEAR$3,152.68$3,166.26
-0.43%
1000 NEAR$6,305.35$6,332.52
-0.43%

Today vs. 1 year ago

Amount01:37 am today1 year ago1Y change
0.5 NEAR$3.15$0.9576
+229.78%
1 NEAR$6.31$1.92
+229.78%
5 NEAR$31.53$9.58
+229.78%
10 NEAR$63.05$19.15
+229.78%
50 NEAR$315.27$95.76
+229.78%
100 NEAR$630.54$191.53
+229.78%
500 NEAR$3,152.68$957.64
+229.78%
1000 NEAR$6,305.35$1,915.28
+229.78%

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.