NBS
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 New BitShares(NBS) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 NBS at a value of 1 NBS 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 New BitShares currency pair is the NBS to KES, with for New BitShares's currency code being NBS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
NBS to KES conversion rate trend
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In the past 1D, New BitShares has changed -0.51% to KES. Based on the trend and price charts, New BitShares(NBS) has changed -0.51% to KES while Kenyan Shilling(KES) has changed % to NBS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.008318 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | Sh0.007869 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh0.007761 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/16 08:00:16(UTC+0)
How to buy New BitShares
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy New BitShares (NBS)
Use a variety of payment options to buy New BitShares on Bitget. We'll show you how.
Buy NBS (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of NBS with KES. However, you can buy USDT in Bitget P2P trading first, and then buy NBS 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 NBS (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of NBS to KES. However, you can first exchange NBS 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 New BitShares to Kenyan Shilling?
New BitShares to Kenyan Shilling is falling this week.New BitShares's current market price is Sh 0.008318 per NBS, with a total market cap of Sh 21,691,840.3 KES based on a circulating supply of 2,607,670,500 NBS. The trading volume of New BitShares has changed by -0.70% (Sh -50,098.95 KES) in the last 24 hours. Last trading day, NBS's trading volume was Sh 7,107,241.49.
Market cap
$168.15K
24h volume
$54.71K
Circulating supply
2.61B NBS
Conversion tables
The exchange rate of New BitShares is decreasing.1 NBS is currently valued at Sh 0.008318 KES , which means buying 5 NBS will cost Sh 0.04159 KES . Similarly, Sh1 KES can be traded for 120.21 NBS, and Sh50 KES can be converted to 6,010.72 NBS, excluding any platform or gas fees.
The exchange rate of 1 NBS to Kenyan Shilling has changed by -4.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.51%, reaching a high of 0.008371 KES and a low of 0.008301 KES . One month ago, the value of 1 NBS was Sh 0.009906 KES , which represents a -16.02% change from its current value. Over the last year, New BitShares has changed by , resulting in a change of -31.79% in its value.
-Sh
0.003878KESNBS to KES
Amount
08:40 am today
0.5 NBS
Sh0.004159
1 NBS
Sh0.008318
5 NBS
Sh0.04159
10 NBS
Sh0.08318
50 NBS
Sh0.4159
100 NBS
Sh0.8318
500 NBS
Sh4.16
1000 NBS
Sh8.32
KES to NBS
Amount08:40 am today
0.5KES60.11 NBS
1KES120.21 NBS
5KES601.07 NBS
10KES1,202.14 NBS
50KES6,010.72 NBS
100KES12,021.44 NBS
500KES60,107.18 NBS
1000KES120,214.36 NBS
Today vs. 24 hours ago
| Amount | 08:40 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NBS | $0.{4}3224 | $0.{4}3241 | -0.51% |
| 1 NBS | $0.{4}6448 | $0.{4}6481 | -0.51% |
| 5 NBS | $0.0003224 | $0.0003241 | -0.51% |
| 10 NBS | $0.0006448 | $0.0006481 | -0.51% |
| 50 NBS | $0.003224 | $0.003241 | -0.51% |
| 100 NBS | $0.006448 | $0.006481 | -0.51% |
| 500 NBS | $0.03224 | $0.03241 | -0.51% |
| 1000 NBS | $0.06448 | $0.06481 | -0.51% |
Today vs. 1 month ago
| Amount | 08:40 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NBS | $0.{4}3224 | $0.{4}3840 | -16.02% |
| 1 NBS | $0.{4}6448 | $0.{4}7679 | -16.02% |
| 5 NBS | $0.0003224 | $0.0003840 | -16.02% |
| 10 NBS | $0.0006448 | $0.0007679 | -16.02% |
| 50 NBS | $0.003224 | $0.003840 | -16.02% |
| 100 NBS | $0.006448 | $0.007679 | -16.02% |
| 500 NBS | $0.03224 | $0.03840 | -16.02% |
| 1000 NBS | $0.06448 | $0.07679 | -16.02% |
Today vs. 1 year ago
| Amount | 08:40 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NBS | $0.{4}3224 | $0.{4}4727 | -31.79% |
| 1 NBS | $0.{4}6448 | $0.{4}9454 | -31.79% |
| 5 NBS | $0.0003224 | $0.0004727 | -31.79% |
| 10 NBS | $0.0006448 | $0.0009454 | -31.79% |
| 50 NBS | $0.003224 | $0.004727 | -31.79% |
| 100 NBS | $0.006448 | $0.009454 | -31.79% |
| 500 NBS | $0.03224 | $0.04727 | -31.79% |
| 1000 NBS | $0.06448 | $0.09454 | -31.79% |
New BitShares price prediction
What will the price of NBS be in 2025?
Based on NBS's historical price performance prediction model, the price of NBS is projected to reach $0.{4}9821 in 2025.
What will the price of NBS be in 2030?
In 2030, the NBS price is expected to change by -6.00%. By the end of 2030, the NBS price is projected to reach $0.0001793, with a cumulative ROI of +177.47%.
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Popular New BitShares conversions
Check out these popular currency conversions of New BitShares to several fiat currencies.
New BitShares to USD
1 NBS to $ 0.{4}6448 USD
New BitShares to GBP
1 NBS to £ 0.{4}5112 GBP
New BitShares to EUR
1 NBS to € 0.{4}6115 EUR
New BitShares to KRW
1 NBS to ₩ 0.09002 KRW
New BitShares to CAD
1 NBS to $ 0.{4}9093 CAD
New BitShares to AUD
1 NBS to $ 0.{4}9980 AUD
New BitShares to JPY
1 NBS to ¥ 0.009953 JPY
New BitShares to BRL
1 NBS to R$ 0.0003738 BRL
New BitShares to CNY
1 NBS to ¥ 0.0004666 CNY
New BitShares to TWD
1 NBS to NT$ 0.002094 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 New BitShares 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 New BitShares 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 New BitShares 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.
