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base info Tether USDt

Tether USDt to Kenyan Shilling Converter and calculator

Convert 1Tether USDt (USDT) to Kenyan Shilling (KES) equals Sh 134.05 | 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 Tether USDt(USDT) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 USDT at a value of 1 USDT for 134.05 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 Tether USDt currency pair is the USDT to KES, with for Tether USDt's currency code being USDT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

USDT to KES conversion rate trend

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In the past 1D, Tether USDt has changed -0.04% to KES. Based on the trend and price charts, Tether USDt(USDT) has changed -0.04% to KES while Kenyan Shilling(KES) has changed % to USDT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh134.05
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/24 06:22:29(UTC+0)

What factors influence the conversion rate of Tether USDt to Kenyan Shilling?

Tether USDt to Kenyan Shilling is rising this week.
Tether USDt's current market price is Sh 134.05 per USDT, with a total market cap of Sh 14,807,939,698,220.13 KES based on a circulating supply of 110,463,520,000 USDT. The trading volume of Tether USDt has changed by +5.84% (Sh 383,905,225,587.39 KES) in the last 24 hours. Last trading day, USDT's trading volume was Sh 6,570,681,801,006.25.
Market cap
$110.51B
24h volume
$51.90B
Circulating supply
110.46B USDT

Conversion tables

The exchange rate of Tether USDt is decreasing.
1 USDT is currently valued at Sh 134.05 KES , which means buying 5 USDT will cost Sh 670.26 KES . Similarly, Sh1 KES can be traded for 0.007460 USDT, and Sh50 KES can be converted to 0.3730 USDT, excluding any platform or gas fees.
The exchange rate of 1 USDT to Kenyan Shilling has changed by +0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.04%, reaching a high of 134.18 KES and a low of 133.96 KES . One month ago, the value of 1 USDT was Sh 134.06 KES , which represents a -0.00% change from its current value. Over the last year, Tether USDt has changed by
+Sh
0.004053KES
, resulting in a change of +0.00% in its value.

USDT to KES

Amount
06:22 am today
0.5 USDT
Sh67.03
1 USDT
Sh134.05
5 USDT
Sh670.26
10 USDT
Sh1,340.53
50 USDT
Sh6,702.64
100 USDT
Sh13,405.28
500 USDT
Sh67,026.38
1000 USDT
Sh134,052.76

KES to USDT

Amount06:22 am today
0.5KES0.003730  USDT
1KES0.007460  USDT
5KES0.03730  USDT
10KES0.07460  USDT
50KES0.3730  USDT
100KES0.7460  USDT
500KES3.73  USDT
1000KES7.46  USDT
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Today vs. 24 hours ago

Amount06:22 am today24 hours ago24h change
0.5 USDT$0.5002$0.5004
-0.04%
1 USDT$1$1
-0.04%
5 USDT$5$5
-0.04%
10 USDT$10$10.01
-0.04%
50 USDT$50.02$50.04
-0.04%
100 USDT$100.04$100.08
-0.04%
500 USDT$500.2$500.39
-0.04%
1000 USDT$1,000.39$1,000.78
-0.04%

Today vs. 1 month ago

Amount06:22 am today1 month ago1M change
0.5 USDT$0.5002$0.5002
-0.00%
1 USDT$1$1
-0.00%
5 USDT$5$5
-0.00%
10 USDT$10$10
-0.00%
50 USDT$50.02$50.02
-0.00%
100 USDT$100.04$100.04
-0.00%
500 USDT$500.2$500.22
-0.00%
1000 USDT$1,000.39$1,000.43
-0.00%

Today vs. 1 year ago

Amount06:22 am today1 year ago1Y change
0.5 USDT$0.5002$0.5002
+0.00%
1 USDT$1$1
+0.00%
5 USDT$5$5
+0.00%
10 USDT$10$10
+0.00%
50 USDT$50.02$50.02
+0.00%
100 USDT$100.04$100.04
+0.00%
500 USDT$500.2$500.18
+0.00%
1000 USDT$1,000.39$1,000.36
+0.00%

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.