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base info Toncoin

Toncoin to Kenyan Shilling Converter and calculator

Convert 1Toncoin (TON) to Kenyan Shilling (KES) equals Sh 809.98 | 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 Toncoin currency pair is the TON to KES, with for Toncoin's currency code being TON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

TON to KES conversion rate trend

1D7D1M3M1YAll
In the past 1D, Toncoin has changed -6.49% to KES. Based on the trend and price charts, Toncoin(TON) has changed -6.49% to KES while Kenyan Shilling(KES) has changed % to TON in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh832.33
0.0001% / 0.0004%vip-iconVIP
OKX
Sh805.85
0.080% / 0.100%
Yes
Huobi
Sh809.32
0.1000% / 0.1000%
Yes
Gate.io
Sh806.78
0.1000% / 0.1000%
Yes
Bybit
Sh806.65
0.1000% / 0.1000%
Yes
KuCoin
Sh806.23
0.1000% / 0.1000%
Yes
Bitfinex
Sh814.84
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 23:00:31(UTC+0)

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

Toncoin to Kenyan Shilling is falling this week.
Toncoin's current market price is Sh 809.98 per TON, with a total market cap of Sh 2,811,555,028,507.67 KES based on a circulating supply of 3,471,134,000 TON. The trading volume of Toncoin has changed by +160.16% (Sh 93,361,150,860.67 KES) in the last 24 hours. Last trading day, TON's trading volume was Sh 58,291,516,966.
Market cap
$21.14B
24h volume
$1.14B
Circulating supply
3.47B TON

Conversion tables

The exchange rate of Toncoin is increasing.
1 TON is currently valued at Sh 809.98 KES , which means buying 5 TON will cost Sh 4,049.91 KES . Similarly, Sh1 KES can be traded for 0.001235 TON, and Sh50 KES can be converted to 0.06173 TON, excluding any platform or gas fees.
The exchange rate of 1 TON to Kenyan Shilling has changed by -8.45% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.49%, reaching a high of 961.46 KES and a low of 796.6 KES . One month ago, the value of 1 TON was Sh 562.73 KES , which represents a +43.94% change from its current value. Over the last year, Toncoin has changed by
+Sh
109.16KES
, resulting in a change of +168.36% in its value.

TON to KES

Amount
23:59 today
0.5 TON
Sh404.99
1 TON
Sh809.98
5 TON
Sh4,049.91
10 TON
Sh8,099.82
50 TON
Sh40,499.09
100 TON
Sh80,998.18
500 TON
Sh404,990.88
1000 TON
Sh809,981.76

KES to TON

Amount23:59 today
0.5KES0.0006173  TON
1KES0.001235  TON
5KES0.006173  TON
10KES0.01235  TON
50KES0.06173  TON
100KES0.1235  TON
500KES0.6173  TON
1000KES1.23  TON
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Today vs. 24 hours ago

Amount23:59 today24 hours ago24h change
0.5 TON$3.05$3.26
-6.49%
1 TON$6.09$6.51
-6.49%
5 TON$30.45$32.56
-6.49%
10 TON$60.9$65.12
-6.49%
50 TON$304.5$325.62
-6.49%
100 TON$609.01$651.24
-6.49%
500 TON$3,045.04$3,256.21
-6.49%
1000 TON$6,090.09$6,512.42
-6.49%

Today vs. 1 month ago

Amount23:59 today1 month ago1M change
0.5 TON$3.05$2.12
+43.94%
1 TON$6.09$4.23
+43.94%
5 TON$30.45$21.16
+43.94%
10 TON$60.9$42.31
+43.94%
50 TON$304.5$211.55
+43.94%
100 TON$609.01$423.11
+43.94%
500 TON$3,045.04$2,115.53
+43.94%
1000 TON$6,090.09$4,231.06
+43.94%

Today vs. 1 year ago

Amount23:59 today1 year ago1Y change
0.5 TON$3.05$1.13
+168.36%
1 TON$6.09$2.27
+168.36%
5 TON$30.45$11.35
+168.36%
10 TON$60.9$22.69
+168.36%
50 TON$304.5$113.47
+168.36%
100 TON$609.01$226.93
+168.36%
500 TON$3,045.04$1,134.67
+168.36%
1000 TON$6,090.09$2,269.34
+168.36%

FAQ

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