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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.36%
New listings on Bitget: Pi Network
BTC/USDT$82489.48 (-0.01%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$93.2M (1D); +$445.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.36%
New listings on Bitget: Pi Network
BTC/USDT$82489.48 (-0.01%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$93.2M (1D); +$445.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
MVL
KES
Last updated as of 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 MVL(MVL) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MVL at a value of 1 MVL for 0.39 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 MVL currency pair is the MVL to KES, with for MVL's currency code being MVL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
MVL to KES conversion rate trend
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In the past 1D, MVL has changed +0.65% to KES. Based on the trend and price charts, MVL(MVL) has changed +0.65% to KES while Kenyan Shilling(KES) has changed % to MVL in the last 24 hours.
MVL to KES market statistics
MVL/KES:
Sh 0.3862
MVL 24h volume:
Sh 477,837,379.26
MVL market cap:
Sh 10,217,154,920.23
MVL circulating supply:
26.45B MVL
More info about MVL on Bitget
Current MVL to KES exchange rate
MVL to Kenyan Shilling is falling this week.MVL's current market price is Sh 0.3862 per MVL, with a total market cap of Sh 10,217,154,920.23 KES based on a circulating supply of 26,452,960,000 MVL. The trading volume of MVL has changed by +544.40% (Sh 403,684,729.05 KES) in the last 24 hours. Last trading day, MVL's trading volume was Sh 74,152,650.22.
MVL to KES Conversion tables
The exchange rate of MVL is decreasing.1 MVL is currently valued at Sh 0.3862 KES , which means buying 5 MVL will cost Sh 1.93 KES . Similarly, Sh1 KES can be traded for 2.59 MVL, and Sh50 KES can be converted to 129.45 MVL, excluding any platform or gas fees.
The exchange rate of 1 MVL to Kenyan Shilling has changed by -3.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.65%, reaching a high of 0.4046 KES and a low of 0.3749 KES . One month ago, the value of 1 MVL was Sh 0.4629 KES , which represents a -16.55% change from its current value. Over the last year, MVL has changed by , resulting in a change of -60.47% in its value.
-Sh
0.5907KESMVL to KES
Amount
20:08 today
0.5 MVL
Sh0.1931
1 MVL
Sh0.3862
5 MVL
Sh1.93
10 MVL
Sh3.86
50 MVL
Sh19.31
100 MVL
Sh38.62
500 MVL
Sh193.12
1000 MVL
Sh386.24
KES to MVL
Amount20:08 today
0.5KES1.29 MVL
1KES2.59 MVL
5KES12.95 MVL
10KES25.89 MVL
50KES129.45 MVL
100KES258.91 MVL
500KES1,294.54 MVL
1000KES2,589.07 MVL
MVL to KES Today vs. 24 hours ago
| Amount | 20:08 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MVL | Sh0.1931 | Sh0.1919 | +0.65% |
| 1 MVL | Sh0.3862 | Sh0.3837 | +0.65% |
| 5 MVL | Sh1.93 | Sh1.92 | +0.65% |
| 10 MVL | Sh3.86 | Sh3.84 | +0.65% |
| 50 MVL | Sh19.31 | Sh19.19 | +0.65% |
| 100 MVL | Sh38.62 | Sh38.37 | +0.65% |
| 500 MVL | Sh193.12 | Sh191.87 | +0.65% |
| 1000 MVL | Sh386.24 | Sh383.74 | +0.65% |
MVL to KES Today vs. 1 month ago
| Amount | 20:08 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MVL | Sh0.1931 | Sh0.2314 | -16.55% |
| 1 MVL | Sh0.3862 | Sh0.4629 | -16.55% |
| 5 MVL | Sh1.93 | Sh2.31 | -16.55% |
| 10 MVL | Sh3.86 | Sh4.63 | -16.55% |
| 50 MVL | Sh19.31 | Sh23.14 | -16.55% |
| 100 MVL | Sh38.62 | Sh46.29 | -16.55% |
| 500 MVL | Sh193.12 | Sh231.43 | -16.55% |
| 1000 MVL | Sh386.24 | Sh462.85 | -16.55% |
MVL to KES Today vs. 1 year ago
| Amount | 20:08 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MVL | Sh0.1931 | Sh0.4885 | -60.47% |
| 1 MVL | Sh0.3862 | Sh0.9770 | -60.47% |
| 5 MVL | Sh1.93 | Sh4.88 | -60.47% |
| 10 MVL | Sh3.86 | Sh9.77 | -60.47% |
| 50 MVL | Sh19.31 | Sh48.85 | -60.47% |
| 100 MVL | Sh38.62 | Sh97.7 | -60.47% |
| 500 MVL | Sh193.12 | Sh488.49 | -60.47% |
| 1000 MVL | Sh386.24 | Sh976.99 | -60.47% |
How to convert MVL to KES
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert MVL to KES
Use a variety of payment options to buy MVL on Bitget. We'll show you how.
Learn MoreBuy MVL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of MVL with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MVL 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 MVL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of MVL to KES. However, you can first exchange MVL 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 MVL to KES?
There are many factors that affect the relationship between MVL and Kenyan Shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MVL/KES. When there is positive news in the market about the widespread adoption of MVL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MVL/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MVL/KES.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MVL/KES. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of MVL and adjust their investment strategies accordingly in the evolving market.
MVL price prediction
What will the price of MVL be in 2026?
Based on MVL's historical price performance prediction model, the price of MVL is projected to reach $0.003654 in 2026.
What will the price of MVL be in 2031?
In 2031, the MVL price is expected to change by +32.00%. By the end of 2031, the MVL price is projected to reach $0.006050, with a cumulative ROI of +95.09%.
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Popular MVL Converter
Check out these popular currency conversions of MVL to several fiat currencies.
MVL to TWD
1 MVL to NT$ 0.09936 TWD
MVL to KES
1 MVL to Sh 0.3862 KES
MVL to CNY
1 MVL to ¥ 0.02169 CNY
MVL to USD
1 MVL to $ 0.002987 USD
MVL to EUR
1 MVL to € 0.002763 EUR
MVL to CAD
1 MVL to $ 0.004294 CAD
MVL to KRW
1 MVL to ₩ 4.4 KRW
MVL to JPY
1 MVL to ¥ 0.4481 JPY
MVL to GBP
1 MVL to £ 0.002314 GBP
MVL to BRL
1 MVL to R$ 0.01711 BRL
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in MVL.
BTC to KES
1 BTC to Sh 10,670,615.49 KES
ETH to KES
1 ETH to Sh 236,566.03 KES
XRP to KES
1 XRP to Sh 270.75 KES
SOL to KES
1 SOL to Sh 16,233.93 KES
PI to KES
1 PI to Sh 94.14 KES
DOGE to KES
1 DOGE to Sh 21.45 KES
ADA to KES
1 ADA to Sh 84.82 KES
BNB to KES
1 BNB to Sh 78,297.34 KES
SUI to KES
1 SUI to Sh 294.21 KES
PEPE to KES
1 PEPE to Sh 0.0009216 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 MVL 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 MVL 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 MVL 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.
