RAFFLES
KES
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Degen Raffles(RAFFLES) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 RAFFLES at a value of 1 RAFFLES for 0.00 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.
Bitget crypto-to-fiat exchange data shows that the most popular Degen Raffles currency pair is the RAFFLES to KES, with for Degen Raffles's currency code being RAFFLES. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
RAFFLES to KES conversion rate trend
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In the past 1D, Degen Raffles has changed +9.65% to KES. Based on the trend and price charts, Degen Raffles(RAFFLES) has changed +9.65% to KES while Kenyan Shilling(KES) has changed % to RAFFLES in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.0006324 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/16 08:35:57(UTC+0)
How to buy Degen Raffles
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Buy Degen Raffles (RAFFLES)
Use a variety of payment options to buy Degen Raffles on Bitget. We'll show you how.
Buy RAFFLES (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of RAFFLES with KES. However, you can buy USDT in Bitget P2P trading first, and then buy RAFFLES with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RAFFLES (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of RAFFLES to KES. However, you can first exchange RAFFLES for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Degen Raffles to Kenyan Shilling?
Degen Raffles to Kenyan Shilling is rising this week.Degen Raffles's current market price is Sh 0.0006324 per RAFFLES, with a total market cap of Sh 0 KES based on a circulating supply of -- RAFFLES. The trading volume of Degen Raffles has changed by -50.97% (Sh -22,420.54 KES) in the last 24 hours. Last trading day, RAFFLES's trading volume was Sh 43,989.45.
Market cap
$0
24h volume
$167.2008303
Circulating supply
0 RAFFLES
Conversion tables
The exchange rate of Degen Raffles is decreasing.1 RAFFLES is currently valued at Sh 0.0006324 KES , which means buying 5 RAFFLES will cost Sh 0.003162 KES . Similarly, Sh1 KES can be traded for 1,581.28 RAFFLES, and Sh50 KES can be converted to 79,064.1 RAFFLES, excluding any platform or gas fees.
The exchange rate of 1 RAFFLES to Kenyan Shilling has changed by +14.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.65%, reaching a high of 0.0006324 KES and a low of 0.0005767 KES . One month ago, the value of 1 RAFFLES was Sh 0.006484 KES , which represents a -90.25% change from its current value. Over the last year, Degen Raffles has changed by , resulting in a change of --% in its value.
+Sh
0.0006324KESRAFFLES to KES
Amount
15:54 today
0.5 RAFFLES
Sh0.0003162
1 RAFFLES
Sh0.0006324
5 RAFFLES
Sh0.003162
10 RAFFLES
Sh0.006324
50 RAFFLES
Sh0.03162
100 RAFFLES
Sh0.06324
500 RAFFLES
Sh0.3162
1000 RAFFLES
Sh0.6324
KES to RAFFLES
Amount15:54 today
0.5KES790.64 RAFFLES
1KES1,581.28 RAFFLES
5KES7,906.41 RAFFLES
10KES15,812.82 RAFFLES
50KES79,064.1 RAFFLES
100KES158,128.21 RAFFLES
500KES790,641.03 RAFFLES
1000KES1,581,282.05 RAFFLES
Today vs. 24 hours ago
| Amount | 15:54 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAFFLES | $0.{5}2451 | $0.{5}2235 | +9.65% |
| 1 RAFFLES | $0.{5}4902 | $0.{5}4471 | +9.65% |
| 5 RAFFLES | $0.{4}2451 | $0.{4}2235 | +9.65% |
| 10 RAFFLES | $0.{4}4902 | $0.{4}4471 | +9.65% |
| 50 RAFFLES | $0.0002451 | $0.0002235 | +9.65% |
| 100 RAFFLES | $0.0004902 | $0.0004471 | +9.65% |
| 500 RAFFLES | $0.002451 | $0.002235 | +9.65% |
| 1000 RAFFLES | $0.004902 | $0.004471 | +9.65% |
Today vs. 1 month ago
| Amount | 15:54 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAFFLES | $0.{5}2451 | $0.{4}2513 | -90.25% |
| 1 RAFFLES | $0.{5}4902 | $0.{4}5026 | -90.25% |
| 5 RAFFLES | $0.{4}2451 | $0.0002513 | -90.25% |
| 10 RAFFLES | $0.{4}4902 | $0.0005026 | -90.25% |
| 50 RAFFLES | $0.0002451 | $0.002513 | -90.25% |
| 100 RAFFLES | $0.0004902 | $0.005026 | -90.25% |
| 500 RAFFLES | $0.002451 | $0.02513 | -90.25% |
| 1000 RAFFLES | $0.004902 | $0.05026 | -90.25% |
Today vs. 1 year ago
| Amount | 15:54 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAFFLES | $0.{5}2451 | $0.00 | -- |
| 1 RAFFLES | $0.{5}4902 | $0.00 | -- |
| 5 RAFFLES | $0.{4}2451 | $0.00 | -- |
| 10 RAFFLES | $0.{4}4902 | $0.00 | -- |
| 50 RAFFLES | $0.0002451 | $0.00 | -- |
| 100 RAFFLES | $0.0004902 | $0.00 | -- |
| 500 RAFFLES | $0.002451 | $0.00 | -- |
| 1000 RAFFLES | $0.004902 | $0.00 | -- |
Degen Raffles price prediction
What will the price of RAFFLES be in 2025?
Based on RAFFLES's historical price performance prediction model, the price of RAFFLES is projected to reach $0.{4}9923 in 2025.
What will the price of RAFFLES be in 2030?
In 2030, the RAFFLES price is expected to change by -7.00%. By the end of 2030, the RAFFLES price is projected to reach $0.0001464, with a cumulative ROI of +2886.69%.
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Popular Degen Raffles conversions
Check out these popular currency conversions of Degen Raffles to several fiat currencies.
Degen Raffles to USD
1 RAFFLES to $ 0.{5}4902 USD
Degen Raffles to GBP
1 RAFFLES to £ 0.{5}3885 GBP
Degen Raffles to EUR
1 RAFFLES to € 0.{5}4649 EUR
Degen Raffles to KRW
1 RAFFLES to ₩ 0.006843 KRW
Degen Raffles to CAD
1 RAFFLES to $ 0.{5}6913 CAD
Degen Raffles to AUD
1 RAFFLES to $ 0.{5}7587 AUD
Degen Raffles to JPY
1 RAFFLES to ¥ 0.0007566 JPY
Degen Raffles to BRL
1 RAFFLES to R$ 0.{4}2842 BRL
Degen Raffles to CNY
1 RAFFLES to ¥ 0.{4}3548 CNY
Degen Raffles to TWD
1 RAFFLES to NT$ 0.0001592 TWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Degen Raffles and KES.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Degen Raffles and KES. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Degen Raffles in KES, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
