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base info OKB

OKB to Kenyan Shilling Converter and calculator

Convert 1OKB (OKB) to Kenyan Shilling (KES) equals Sh 7,688.76 | 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 OKB currency pair is the OKB to KES, with for OKB's currency code being OKB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

OKB to KES conversion rate trend

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In the past 1D, OKB has changed +7.29% to KES. Based on the trend and price charts, OKB(OKB) has changed +7.29% to KES while Kenyan Shilling(KES) has changed % to OKB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh7,688.76
0.0001% / 0.0004%vip-iconVIP
OKX
Sh7,695.38
0.080% / 0.100%
Yes
Gate.io
Sh7,682.23
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 13:00:16(UTC+0)

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

OKB to Kenyan Shilling is falling this week.
OKB's current market price is Sh 7,688.76 per OKB, with a total market cap of Sh 461,325,656,975.2 KES based on a circulating supply of 60,000,000 OKB. The trading volume of OKB has changed by +413.56% (Sh 5,848,961,875.34 KES) in the last 24 hours. Last trading day, OKB's trading volume was Sh 1,414,293,104.02.
Market cap
$3.51B
24h volume
$55.23M
Circulating supply
60.00M OKB

Conversion tables

The exchange rate of OKB is decreasing.
1 OKB is currently valued at Sh 7,688.76 KES , which means buying 5 OKB will cost Sh 38,443.81 KES . Similarly, Sh1 KES can be traded for 0.0001301 OKB, and Sh50 KES can be converted to 0.006503 OKB, excluding any platform or gas fees.
The exchange rate of 1 OKB to Kenyan Shilling has changed by -0.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.29%, reaching a high of 8,120.69 KES and a low of 7,061.64 KES . One month ago, the value of 1 OKB was Sh 8,375.34 KES , which represents a -8.20% change from its current value. Over the last year, OKB has changed by
+Sh
35.54KES
, resulting in a change of +14.21% in its value.

OKB to KES

Amount
13:41 today
0.5 OKB
Sh3,844.38
1 OKB
Sh7,688.76
5 OKB
Sh38,443.81
10 OKB
Sh76,887.61
50 OKB
Sh384,438.05
100 OKB
Sh768,876.11
500 OKB
Sh3,844,380.54
1000 OKB
Sh7,688,761.08

KES to OKB

Amount13:41 today
0.5KES0.{4}6503  OKB
1KES0.0001301  OKB
5KES0.0006503  OKB
10KES0.001301  OKB
50KES0.006503  OKB
100KES0.01301  OKB
500KES0.06503  OKB
1000KES0.1301  OKB
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Today vs. 24 hours ago

Amount13:41 today24 hours ago24h change
0.5 OKB$29.23$27.25
+7.29%
1 OKB$58.47$54.5
+7.29%
5 OKB$292.35$272.49
+7.29%
10 OKB$584.7$544.98
+7.29%
50 OKB$2,923.48$2,724.91
+7.29%
100 OKB$5,846.97$5,449.83
+7.29%
500 OKB$29,234.83$27,249.15
+7.29%
1000 OKB$58,469.67$54,498.29
+7.29%

Today vs. 1 month ago

Amount13:41 today1 month ago1M change
0.5 OKB$29.23$31.85
-8.20%
1 OKB$58.47$63.69
-8.20%
5 OKB$292.35$318.45
-8.20%
10 OKB$584.7$636.91
-8.20%
50 OKB$2,923.48$3,184.54
-8.20%
100 OKB$5,846.97$6,369.08
-8.20%
500 OKB$29,234.83$31,845.4
-8.20%
1000 OKB$58,469.67$63,690.8
-8.20%

Today vs. 1 year ago

Amount13:41 today1 year ago1Y change
0.5 OKB$29.23$25.6
+14.21%
1 OKB$58.47$51.2
+14.21%
5 OKB$292.35$256
+14.21%
10 OKB$584.7$511.99
+14.21%
50 OKB$2,923.48$2,559.97
+14.21%
100 OKB$5,846.97$5,119.94
+14.21%
500 OKB$29,234.83$25,599.7
+14.21%
1000 OKB$58,469.67$51,199.4
+14.21%

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.