LABS
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 LABS Group(LABS) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 LABS at a value of 1 LABS for 0.01 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 LABS Group currency pair is the LABS to KES, with for LABS Group's currency code being LABS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
LABS to KES conversion rate trend
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In the past 1D, LABS Group has changed -12.87% to KES. Based on the trend and price charts, LABS Group(LABS) has changed -12.87% to KES while Kenyan Shilling(KES) has changed % to LABS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.01287 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh0.01286 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh0.01124 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/04 01:00:15(UTC+0)
How to buy LABS Group
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy LABS Group (LABS)
Use a variety of payment options to buy LABS Group on Bitget. We'll show you how.
Buy LABS (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of LABS with KES. However, you can buy USDT in Bitget P2P trading first, and then buy LABS 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 LABS (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of LABS to KES. However, you can first exchange LABS 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 LABS Group to Kenyan Shilling?
LABS Group to Kenyan Shilling is falling this week.LABS Group's current market price is Sh 0.01263 per LABS, with a total market cap of Sh 28,003,564.87 KES based on a circulating supply of 2,216,879,600 LABS. The trading volume of LABS Group has changed by -17.36% (Sh -937,641.17 KES) in the last 24 hours. Last trading day, LABS's trading volume was Sh 5,399,883.5.
Market cap
$217.78K
24h volume
$34.70K
Circulating supply
2.22B LABS
Conversion tables
The exchange rate of LABS Group is increasing.1 LABS is currently valued at Sh 0.01263 KES , which means buying 5 LABS will cost Sh 0.06316 KES . Similarly, Sh1 KES can be traded for 79.16 LABS, and Sh50 KES can be converted to 3,958.21 LABS, excluding any platform or gas fees.
The exchange rate of 1 LABS to Kenyan Shilling has changed by -30.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -12.87%, reaching a high of 0.01472 KES and a low of 0.01230 KES . One month ago, the value of 1 LABS was Sh 0.01233 KES , which represents a +2.42% change from its current value. Over the last year, LABS Group has changed by , resulting in a change of -80.45% in its value.
-Sh
0.05181KESLABS to KES
Amount
13:12 today
0.5 LABS
Sh0.006316
1 LABS
Sh0.01263
5 LABS
Sh0.06316
10 LABS
Sh0.1263
50 LABS
Sh0.6316
100 LABS
Sh1.26
500 LABS
Sh6.32
1000 LABS
Sh12.63
KES to LABS
Amount13:12 today
0.5KES39.58 LABS
1KES79.16 LABS
5KES395.82 LABS
10KES791.64 LABS
50KES3,958.21 LABS
100KES7,916.42 LABS
500KES39,582.1 LABS
1000KES79,164.2 LABS
Today vs. 24 hours ago
| Amount | 13:12 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LABS | $0.{4}4912 | $0.{4}5635 | -12.87% |
| 1 LABS | $0.{4}9824 | $0.0001127 | -12.87% |
| 5 LABS | $0.0004912 | $0.0005635 | -12.87% |
| 10 LABS | $0.0009824 | $0.001127 | -12.87% |
| 50 LABS | $0.004912 | $0.005635 | -12.87% |
| 100 LABS | $0.009824 | $0.01127 | -12.87% |
| 500 LABS | $0.04912 | $0.05635 | -12.87% |
| 1000 LABS | $0.09824 | $0.1127 | -12.87% |
Today vs. 1 month ago
| Amount | 13:12 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LABS | $0.{4}4912 | $0.{4}4796 | +2.42% |
| 1 LABS | $0.{4}9824 | $0.{4}9592 | +2.42% |
| 5 LABS | $0.0004912 | $0.0004796 | +2.42% |
| 10 LABS | $0.0009824 | $0.0009592 | +2.42% |
| 50 LABS | $0.004912 | $0.004796 | +2.42% |
| 100 LABS | $0.009824 | $0.009592 | +2.42% |
| 500 LABS | $0.04912 | $0.04796 | +2.42% |
| 1000 LABS | $0.09824 | $0.09592 | +2.42% |
Today vs. 1 year ago
| Amount | 13:12 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LABS | $0.{4}4912 | $0.0002506 | -80.45% |
| 1 LABS | $0.{4}9824 | $0.0005012 | -80.45% |
| 5 LABS | $0.0004912 | $0.002506 | -80.45% |
| 10 LABS | $0.0009824 | $0.005012 | -80.45% |
| 50 LABS | $0.004912 | $0.02506 | -80.45% |
| 100 LABS | $0.009824 | $0.05012 | -80.45% |
| 500 LABS | $0.04912 | $0.2506 | -80.45% |
| 1000 LABS | $0.09824 | $0.5012 | -80.45% |
LABS Group price prediction
What will the price of LABS be in 2025?
Based on LABS's historical price performance prediction model, the price of LABS is projected to reach $0.0001858 in 2025.
What will the price of LABS be in 2030?
In 2030, the LABS price is expected to change by +1.00%. By the end of 2030, the LABS price is projected to reach $0.0003280, with a cumulative ROI of +236.81%.
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Popular LABS Group conversions
Check out these popular currency conversions of LABS Group to several fiat currencies.
LABS Group to USD
1 LABS to $ 0.{4}9824 USD
LABS Group to GBP
1 LABS to £ 0.{4}7814 GBP
LABS Group to EUR
1 LABS to € 0.{4}9418 EUR
LABS Group to KRW
1 LABS to ₩ 0.1421 KRW
LABS Group to CAD
1 LABS to $ 0.0001410 CAD
LABS Group to AUD
1 LABS to $ 0.0001572 AUD
LABS Group to JPY
1 LABS to ¥ 0.01537 JPY
LABS Group to BRL
1 LABS to R$ 0.0005979 BRL
LABS Group to CNY
1 LABS to ¥ 0.0007169 CNY
LABS Group to TWD
1 LABS to NT$ 0.003206 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in LABS Group.
Hive to KES
1 HIVE to Sh 50.38 KES
IDEX to KES
1 IDEX to Sh 7.85 KES
Shoggoth (shoggoth.monster) to KES
1 SHOGGOTH to Sh 6.39 KES
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HEX (PulseChain) to KES
1 HEX to Sh 2.1 KES
Adventure Gold to KES
1 AGLD to Sh 229.88 KES
Livepeer to KES
1 LPT to Sh 1,909.3 KES
Hunt Town to KES
1 HUNT to Sh 50.55 KES
Chintai to KES
1 CHEX to Sh 69.2 KES
XPR Network to KES
1 XPR to Sh 0.1867 KES
BORA to KES
1 BORA to Sh 19.02 KES
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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 LABS Group 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 LABS Group 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 LABS Group 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.
