MERL
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 Merlin Chain(MERL) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MERL at a value of 1 MERL for 32.91 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 Merlin Chain currency pair is the MERL to KES, with for Merlin Chain's currency code being MERL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
MERL to KES conversion rate trend
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In the past 1D, Merlin Chain has changed -8.70% to KES. Based on the trend and price charts, Merlin Chain(MERL) has changed -8.70% to KES while Kenyan Shilling(KES) has changed % to MERL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh32.33 | 0.0200% / 0.0320%  VIP 7 | |
OKX | Sh32.58 | 0.080% / 0.100% | Yes |
Huobi | Sh32.56 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh32.45 | 0.1000% / 0.1000% | Yes |
Bybit | Sh32.55 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh32.58 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 00:00:28(UTC+0)
How to buy Merlin Chain
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Merlin Chain (MERL)
Use a variety of payment options to buy Merlin Chain on Bitget. We'll show you how.
Learn MoreBuy MERL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of MERL with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MERL 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 MERL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of MERL to KES. However, you can first exchange MERL 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 Merlin Chain to Kenyan Shilling?
Merlin Chain to Kenyan Shilling is falling this week.Merlin Chain's current market price is Sh 32.91 per MERL, with a total market cap of Sh 17,275,518,318.28 KES based on a circulating supply of 525,000,000 MERL. The trading volume of Merlin Chain has changed by -41.59% (Sh -1,061,785,247.87 KES) in the last 24 hours. Last trading day, MERL's trading volume was Sh 2,552,773,391.62.
Market cap
$133.66M
24h volume
$11.54M
Circulating supply
525.00M MERL
Conversion tables
The exchange rate of Merlin Chain is decreasing.1 MERL is currently valued at Sh 32.91 KES , which means buying 5 MERL will cost Sh 164.53 KES . Similarly, Sh1 KES can be traded for 0.03039 MERL, and Sh50 KES can be converted to 1.52 MERL, excluding any platform or gas fees.
The exchange rate of 1 MERL to Kenyan Shilling has changed by -22.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.70%, reaching a high of 36.29 KES and a low of 31.97 KES . One month ago, the value of 1 MERL was Sh 42.06 KES , which represents a -21.80% change from its current value. Over the last year, Merlin Chain has changed by , resulting in a change of -84.22% in its value.
-Sh
175.28KESMERL to KES
Amount
06:52 am today
0.5 MERL
Sh16.45
1 MERL
Sh32.91
5 MERL
Sh164.53
10 MERL
Sh329.06
50 MERL
Sh1,645.29
100 MERL
Sh3,290.58
500 MERL
Sh16,452.88
1000 MERL
Sh32,905.75
KES to MERL
Amount06:52 am today
0.5KES0.01519 MERL
1KES0.03039 MERL
5KES0.1519 MERL
10KES0.3039 MERL
50KES1.52 MERL
100KES3.04 MERL
500KES15.19 MERL
1000KES30.39 MERL
Today vs. 24 hours ago
| Amount | 06:52 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MERL | $0.1273 | $0.1394 | -8.70% |
| 1 MERL | $0.2546 | $0.2788 | -8.70% |
| 5 MERL | $1.27 | $1.39 | -8.70% |
| 10 MERL | $2.55 | $2.79 | -8.70% |
| 50 MERL | $12.73 | $13.94 | -8.70% |
| 100 MERL | $25.46 | $27.88 | -8.70% |
| 500 MERL | $127.29 | $139.4 | -8.70% |
| 1000 MERL | $254.59 | $278.8 | -8.70% |
Today vs. 1 month ago
| Amount | 06:52 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MERL | $0.1273 | $0.1627 | -21.80% |
| 1 MERL | $0.2546 | $0.3254 | -21.80% |
| 5 MERL | $1.27 | $1.63 | -21.80% |
| 10 MERL | $2.55 | $3.25 | -21.80% |
| 50 MERL | $12.73 | $16.27 | -21.80% |
| 100 MERL | $25.46 | $32.54 | -21.80% |
| 500 MERL | $127.29 | $162.71 | -21.80% |
| 1000 MERL | $254.59 | $325.43 | -21.80% |
Today vs. 1 year ago
| Amount | 06:52 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MERL | $0.1273 | $0.8054 | -84.22% |
| 1 MERL | $0.2546 | $1.61 | -84.22% |
| 5 MERL | $1.27 | $8.05 | -84.22% |
| 10 MERL | $2.55 | $16.11 | -84.22% |
| 50 MERL | $12.73 | $80.54 | -84.22% |
| 100 MERL | $25.46 | $161.07 | -84.22% |
| 500 MERL | $127.29 | $805.36 | -84.22% |
| 1000 MERL | $254.59 | $1,610.71 | -84.22% |
Merlin Chain price prediction
What will the price of MERL be in 2025?
Based on MERL's historical price performance prediction model, the price of MERL is projected to reach $0.3481 in 2025.
What will the price of MERL be in 2030?
In 2030, the MERL price is expected to change by -7.00%. By the end of 2030, the MERL price is projected to reach $0.7674, with a cumulative ROI of +175.38%.
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Popular Merlin Chain conversions
Check out these popular currency conversions of Merlin Chain to several fiat currencies.
Merlin Chain to USD
1 MERL to $ 0.2546 USD
Merlin Chain to GBP
1 MERL to £ 0.2026 GBP
Merlin Chain to EUR
1 MERL to € 0.2441 EUR
Merlin Chain to KRW
1 MERL to ₩ 368.24 KRW
Merlin Chain to CAD
1 MERL to $ 0.3660 CAD
Merlin Chain to AUD
1 MERL to $ 0.4073 AUD
Merlin Chain to JPY
1 MERL to ¥ 39.83 JPY
Merlin Chain to BRL
1 MERL to R$ 1.55 BRL
Merlin Chain to CNY
1 MERL to ¥ 1.86 CNY
Merlin Chain to TWD
1 MERL to NT$ 8.31 TWD
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1 IDEX to Sh 8.31 KES
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1 BABYPENGU to Sh 18.52 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 Merlin Chain 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 Merlin Chain 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 Merlin Chain 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.
