NIM
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 Nimiq(NIM) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 NIM at a value of 1 NIM for 0.37 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 Nimiq currency pair is the NIM to KES, with for Nimiq's currency code being NIM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
NIM to KES conversion rate trend
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In the past 1D, Nimiq has changed +12.47% to KES. Based on the trend and price charts, Nimiq(NIM) has changed +12.47% to KES while Kenyan Shilling(KES) has changed % to NIM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.3698 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh0.3827 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh0.3788 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/16 00:00:23(UTC+0)
How to buy Nimiq
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Nimiq (NIM)
Use a variety of payment options to buy Nimiq on Bitget. We'll show you how.
Buy NIM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of NIM with KES. However, you can buy USDT in Bitget P2P trading first, and then buy NIM 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 NIM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of NIM to KES. However, you can first exchange NIM 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 Nimiq to Kenyan Shilling?
Nimiq to Kenyan Shilling is rising this week.Nimiq's current market price is Sh 0.3693 per NIM, with a total market cap of Sh 4,635,777,413.39 KES based on a circulating supply of 12,552,301,000 NIM. The trading volume of Nimiq has changed by +92.50% (Sh 48,644,105.35 KES) in the last 24 hours. Last trading day, NIM's trading volume was Sh 52,588,051.44.
Market cap
$35.94M
24h volume
$784.75K
Circulating supply
12.55B NIM
Conversion tables
The exchange rate of Nimiq is increasing.1 NIM is currently valued at Sh 0.3693 KES , which means buying 5 NIM will cost Sh 1.85 KES . Similarly, Sh1 KES can be traded for 2.71 NIM, and Sh50 KES can be converted to 135.39 NIM, excluding any platform or gas fees.
The exchange rate of 1 NIM to Kenyan Shilling has changed by +44.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.47%, reaching a high of 0.5831 KES and a low of 0.3256 KES . One month ago, the value of 1 NIM was Sh 0.1681 KES , which represents a +121.19% change from its current value. Over the last year, Nimiq has changed by , resulting in a change of +188.46% in its value.
+Sh
0.2399KESNIM to KES
Amount
03:40 am today
0.5 NIM
Sh0.1847
1 NIM
Sh0.3693
5 NIM
Sh1.85
10 NIM
Sh3.69
50 NIM
Sh18.47
100 NIM
Sh36.93
500 NIM
Sh184.66
1000 NIM
Sh369.32
KES to NIM
Amount03:40 am today
0.5KES1.35 NIM
1KES2.71 NIM
5KES13.54 NIM
10KES27.08 NIM
50KES135.39 NIM
100KES270.77 NIM
500KES1,353.85 NIM
1000KES2,707.7 NIM
Today vs. 24 hours ago
| Amount | 03:40 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NIM | $0.001431 | $0.001274 | +12.47% |
| 1 NIM | $0.002863 | $0.002547 | +12.47% |
| 5 NIM | $0.01431 | $0.01274 | +12.47% |
| 10 NIM | $0.02863 | $0.02547 | +12.47% |
| 50 NIM | $0.1431 | $0.1274 | +12.47% |
| 100 NIM | $0.2863 | $0.2547 | +12.47% |
| 500 NIM | $1.43 | $1.27 | +12.47% |
| 1000 NIM | $2.86 | $2.55 | +12.47% |
Today vs. 1 month ago
| Amount | 03:40 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NIM | $0.001431 | $0.0006517 | +121.19% |
| 1 NIM | $0.002863 | $0.001303 | +121.19% |
| 5 NIM | $0.01431 | $0.006517 | +121.19% |
| 10 NIM | $0.02863 | $0.01303 | +121.19% |
| 50 NIM | $0.1431 | $0.06517 | +121.19% |
| 100 NIM | $0.2863 | $0.1303 | +121.19% |
| 500 NIM | $1.43 | $0.6517 | +121.19% |
| 1000 NIM | $2.86 | $1.3 | +121.19% |
Today vs. 1 year ago
| Amount | 03:40 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NIM | $0.001431 | $0.0005016 | +188.46% |
| 1 NIM | $0.002863 | $0.001003 | +188.46% |
| 5 NIM | $0.01431 | $0.005016 | +188.46% |
| 10 NIM | $0.02863 | $0.01003 | +188.46% |
| 50 NIM | $0.1431 | $0.05016 | +188.46% |
| 100 NIM | $0.2863 | $0.1003 | +188.46% |
| 500 NIM | $1.43 | $0.5016 | +188.46% |
| 1000 NIM | $2.86 | $1 | +188.46% |
Nimiq price prediction
What will the price of NIM be in 2025?
Based on NIM's historical price performance prediction model, the price of NIM is projected to reach $0.005543 in 2025.
What will the price of NIM be in 2030?
In 2030, the NIM price is expected to change by -10.00%. By the end of 2030, the NIM price is projected to reach $0.005439, with a cumulative ROI of +82.30%.
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Popular Nimiq conversions
Check out these popular currency conversions of Nimiq to several fiat currencies.
Nimiq to USD
1 NIM to $ 0.002863 USD
Nimiq to GBP
1 NIM to £ 0.002269 GBP
Nimiq to EUR
1 NIM to € 0.002715 EUR
Nimiq to KRW
1 NIM to ₩ 4 KRW
Nimiq to CAD
1 NIM to $ 0.004037 CAD
Nimiq to AUD
1 NIM to $ 0.004430 AUD
Nimiq to JPY
1 NIM to ¥ 0.4418 JPY
Nimiq to BRL
1 NIM to R$ 0.01660 BRL
Nimiq to CNY
1 NIM to ¥ 0.02072 CNY
Nimiq to TWD
1 NIM to NT$ 0.09298 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 Nimiq 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 Nimiq 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 Nimiq 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.
