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base info Optimism

Optimism to Kenyan Shilling Converter and calculator

Convert 1Optimism (OP) to Kenyan Shilling (KES) equals Sh 337.35 | 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 Optimism(OP) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 OP at a value of 1 OP for 337.35 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.

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

OP to KES conversion rate trend

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In the past 1D, Optimism has changed -0.77% to KES. Based on the trend and price charts, Optimism(OP) has changed -0.77% to KES while Kenyan Shilling(KES) has changed % to OP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh336.6
0.0001% / 0.0004%vip-iconVIP
Binance
Sh336.74
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh336.74
0.1000% / 0.1000%
Yes
OKX
Sh336.58
0.080% / 0.100%
Yes
Huobi
Sh336.57
0.1000% / 0.1000%
Yes
Gate.io
Sh336.63
0.1000% / 0.1000%
Yes
Bybit
Sh336.65
0.1000% / 0.1000%
Yes
KuCoin
Sh336.74
0.1000% / 0.1000%
Yes
Bitfinex
Sh336.15
0.1000% / 0.1000%
Yes
Last updated 2024/04/23 21:00:32(UTC+0)

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

Optimism to Kenyan Shilling is rising this week.
Optimism's current market price is Sh 337.35 per OP, with a total market cap of Sh 352,658,319,003.95 KES based on a circulating supply of 1,045,379,840 OP. The trading volume of Optimism has changed by -16.10% (Sh -5,205,614,962.13 KES) in the last 24 hours. Last trading day, OP's trading volume was Sh 32,328,193,077.62.
Market cap
$2.63B
24h volume
$202.41M
Circulating supply
1.05B OP

Conversion tables

The exchange rate of Optimism is decreasing.
1 OP is currently valued at Sh 337.35 KES , which means buying 5 OP will cost Sh 1,686.75 KES . Similarly, Sh1 KES can be traded for 0.002964 OP, and Sh50 KES can be converted to 0.1482 OP, excluding any platform or gas fees.
The exchange rate of 1 OP to Kenyan Shilling has changed by +12.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.77%, reaching a high of 346.28 KES and a low of 331 KES . One month ago, the value of 1 OP was Sh 498.79 KES , which represents a -32.37% change from its current value. Over the last year, Optimism has changed by
+Sh
39.47KES
, resulting in a change of +13.26% in its value.

OP to KES

Amount
21:05 today
0.5 OP
Sh168.67
1 OP
Sh337.35
5 OP
Sh1,686.75
10 OP
Sh3,373.49
50 OP
Sh16,867.47
100 OP
Sh33,734.94
500 OP
Sh168,674.71
1000 OP
Sh337,349.42

KES to OP

Amount21:05 today
0.5KES0.001482  OP
1KES0.002964  OP
5KES0.01482  OP
10KES0.02964  OP
50KES0.1482  OP
100KES0.2964  OP
500KES1.48  OP
1000KES2.96  OP
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Today vs. 24 hours ago

Amount21:05 today24 hours ago24h change
0.5 OP$1.26$1.27
-0.77%
1 OP$2.52$2.54
-0.77%
5 OP$12.59$12.68
-0.77%
10 OP$25.18$25.37
-0.77%
50 OP$125.88$126.85
-0.77%
100 OP$251.75$253.7
-0.77%
500 OP$1,258.77$1,268.49
-0.77%
1000 OP$2,517.53$2,536.99
-0.77%

Today vs. 1 month ago

Amount21:05 today1 month ago1M change
0.5 OP$1.26$1.86
-32.37%
1 OP$2.52$3.72
-32.37%
5 OP$12.59$18.61
-32.37%
10 OP$25.18$37.22
-32.37%
50 OP$125.88$186.12
-32.37%
100 OP$251.75$372.23
-32.37%
500 OP$1,258.77$1,861.16
-32.37%
1000 OP$2,517.53$3,722.31
-32.37%

Today vs. 1 year ago

Amount21:05 today1 year ago1Y change
0.5 OP$1.26$1.11
+13.26%
1 OP$2.52$2.22
+13.26%
5 OP$12.59$11.11
+13.26%
10 OP$25.18$22.23
+13.26%
50 OP$125.88$111.15
+13.26%
100 OP$251.75$222.3
+13.26%
500 OP$1,258.77$1,111.48
+13.26%
1000 OP$2,517.53$2,222.95
+13.26%

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.