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base info THORChain

THORChain to Kenyan Shilling Converter and calculator

Convert 1THORChain (RUNE) to Kenyan Shilling (KES) equals Sh 639.58 | 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 THORChain currency pair is the RUNE to KES, with for THORChain's currency code being RUNE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

RUNE to KES conversion rate trend

1D7D1M3M1YAll
In the past 1D, THORChain has changed -5.41% to KES. Based on the trend and price charts, THORChain(RUNE) has changed -5.41% to KES while Kenyan Shilling(KES) has changed % to RUNE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh636.98
0.0001% / 0.0004%vip-iconVIP
Binance
Sh637.72
0.1000% / 0.1000%
Yes
Huobi
Sh637.84
0.1000% / 0.1000%
Yes
Gate.io
Sh637.99
0.1000% / 0.1000%
Yes
Bybit
Sh636.95
0.1000% / 0.1000%
Yes
KuCoin
Sh638.5
0.1000% / 0.1000%
Yes
Last updated 2024/04/17 22:00:26(UTC+0)

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

THORChain to Kenyan Shilling is falling this week.
THORChain's current market price is Sh 639.58 per RUNE, with a total market cap of Sh 213,794,847,635.75 KES based on a circulating supply of 334,272,540 RUNE. The trading volume of THORChain has changed by -7.21% (Sh -3,526,570,432.25 KES) in the last 24 hours. Last trading day, RUNE's trading volume was Sh 48,915,603,471.14.
Market cap
$1.61B
24h volume
$342.56M
Circulating supply
334.27M RUNE

Conversion tables

The exchange rate of THORChain is decreasing.
1 RUNE is currently valued at Sh 639.58 KES , which means buying 5 RUNE will cost Sh 3,197.91 KES . Similarly, Sh1 KES can be traded for 0.001564 RUNE, and Sh50 KES can be converted to 0.07818 RUNE, excluding any platform or gas fees.
The exchange rate of 1 RUNE to Kenyan Shilling has changed by -36.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.41%, reaching a high of 688.65 KES and a low of 612.02 KES . One month ago, the value of 1 RUNE was Sh 1,087.09 KES , which represents a -41.17% change from its current value. Over the last year, THORChain has changed by
+Sh
18.3KES
, resulting in a change of +185.80% in its value.

RUNE to KES

Amount
22:54 today
0.5 RUNE
Sh319.79
1 RUNE
Sh639.58
5 RUNE
Sh3,197.91
10 RUNE
Sh6,395.82
50 RUNE
Sh31,979.12
100 RUNE
Sh63,958.24
500 RUNE
Sh319,791.2
1000 RUNE
Sh639,582.4

KES to RUNE

Amount22:54 today
0.5KES0.0007818  RUNE
1KES0.001564  RUNE
5KES0.007818  RUNE
10KES0.01564  RUNE
50KES0.07818  RUNE
100KES0.1564  RUNE
500KES0.7818  RUNE
1000KES1.56  RUNE
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Today vs. 24 hours ago

Amount22:54 today24 hours ago24h change
0.5 RUNE$2.41$2.55
-5.41%
1 RUNE$4.83$5.1
-5.41%
5 RUNE$24.14$25.51
-5.41%
10 RUNE$48.27$51.03
-5.41%
50 RUNE$241.35$255.15
-5.41%
100 RUNE$482.7$510.29
-5.41%
500 RUNE$2,413.52$2,551.45
-5.41%
1000 RUNE$4,827.04$5,102.9
-5.41%

Today vs. 1 month ago

Amount22:54 today1 month ago1M change
0.5 RUNE$2.41$4.1
-41.17%
1 RUNE$4.83$8.2
-41.17%
5 RUNE$24.14$41.02
-41.17%
10 RUNE$48.27$82.04
-41.17%
50 RUNE$241.35$410.22
-41.17%
100 RUNE$482.7$820.45
-41.17%
500 RUNE$2,413.52$4,102.23
-41.17%
1000 RUNE$4,827.04$8,204.46
-41.17%

Today vs. 1 year ago

Amount22:54 today1 year ago1Y change
0.5 RUNE$2.41$0.8445
+185.80%
1 RUNE$4.83$1.69
+185.80%
5 RUNE$24.14$8.44
+185.80%
10 RUNE$48.27$16.89
+185.80%
50 RUNE$241.35$84.45
+185.80%
100 RUNE$482.7$168.9
+185.80%
500 RUNE$2,413.52$844.48
+185.80%
1000 RUNE$4,827.04$1,688.96
+185.80%

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.