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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.87%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$86947.00 (-0.78%)Fear and Greed Index47(Neutral)
Total spot Bitcoin ETF netflow +$26.8M (1D); +$855.3M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome 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 share60.87%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$86947.00 (-0.78%)Fear and Greed Index47(Neutral)
Total spot Bitcoin ETF netflow +$26.8M (1D); +$855.3M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
OAX
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 OAX(OAX) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 OAX at a value of 1 OAX for 2.42 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 OAX currency pair is the OAX to KES, with for OAX's currency code being OAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
OAX to KES conversion rate trend
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In the past 1D, OAX has changed -5.48% to KES. Based on the trend and price charts, OAX(OAX) has changed -5.48% to KES while Kenyan Shilling(KES) has changed % to OAX in the last 24 hours.
OAX to KES market statistics
OAX/KES:
Sh 2.42
OAX 24h volume:
Sh 6,671,751.17
OAX market cap:
Sh 186,664,615.06
OAX circulating supply:
77.03M OAX
More info about OAX on Bitget
Current OAX to KES exchange rate
OAX to Kenyan Shilling is rising this week.OAX's current market price is Sh 2.42 per OAX, with a total market cap of Sh 186,664,615.06 KES based on a circulating supply of 77,034,450 OAX. The trading volume of OAX has changed by -7.77% (Sh -561,706.96 KES) in the last 24 hours. Last trading day, OAX's trading volume was Sh 7,233,458.12.
OAX to KES Conversion tables
The exchange rate of OAX is increasing.1 OAX is currently valued at Sh 2.42 KES , which means buying 5 OAX will cost Sh 12.12 KES . Similarly, Sh1 KES can be traded for 0.4127 OAX, and Sh50 KES can be converted to 20.63 OAX, excluding any platform or gas fees.
The exchange rate of 1 OAX to Kenyan Shilling has changed by +14.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.48%, reaching a high of 2.69 KES and a low of 2.35 KES . One month ago, the value of 1 OAX was Sh 2.03 KES , which represents a +19.42% change from its current value. Over the last year, OAX has changed by , resulting in a change of -90.60% in its value.
-Sh
23.37KESOAX to KES
Amount
22:54 today
0.5 OAX
Sh1.21
1 OAX
Sh2.42
5 OAX
Sh12.12
10 OAX
Sh24.23
50 OAX
Sh121.16
100 OAX
Sh242.31
500 OAX
Sh1,211.57
1000 OAX
Sh2,423.13
KES to OAX
Amount22:54 today
0.5KES0.2063 OAX
1KES0.4127 OAX
5KES2.06 OAX
10KES4.13 OAX
50KES20.63 OAX
100KES41.27 OAX
500KES206.34 OAX
1000KES412.69 OAX
OAX to KES Today vs. 24 hours ago
| Amount | 22:54 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OAX | Sh1.21 | Sh1.28 | -5.48% |
| 1 OAX | Sh2.42 | Sh2.56 | -5.48% |
| 5 OAX | Sh12.12 | Sh12.82 | -5.48% |
| 10 OAX | Sh24.23 | Sh25.64 | -5.48% |
| 50 OAX | Sh121.16 | Sh128.18 | -5.48% |
| 100 OAX | Sh242.31 | Sh256.35 | -5.48% |
| 500 OAX | Sh1,211.57 | Sh1,281.75 | -5.48% |
| 1000 OAX | Sh2,423.13 | Sh2,563.51 | -5.48% |
OAX to KES Today vs. 1 month ago
| Amount | 22:54 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OAX | Sh1.21 | Sh1.01 | +19.42% |
| 1 OAX | Sh2.42 | Sh2.03 | +19.42% |
| 5 OAX | Sh12.12 | Sh10.15 | +19.42% |
| 10 OAX | Sh24.23 | Sh20.29 | +19.42% |
| 50 OAX | Sh121.16 | Sh101.46 | +19.42% |
| 100 OAX | Sh242.31 | Sh202.91 | +19.42% |
| 500 OAX | Sh1,211.57 | Sh1,014.55 | +19.42% |
| 1000 OAX | Sh2,423.13 | Sh2,029.1 | +19.42% |
OAX to KES Today vs. 1 year ago
| Amount | 22:54 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OAX | Sh1.21 | Sh12.89 | -90.60% |
| 1 OAX | Sh2.42 | Sh25.79 | -90.60% |
| 5 OAX | Sh12.12 | Sh128.94 | -90.60% |
| 10 OAX | Sh24.23 | Sh257.89 | -90.60% |
| 50 OAX | Sh121.16 | Sh1,289.44 | -90.60% |
| 100 OAX | Sh242.31 | Sh2,578.88 | -90.60% |
| 500 OAX | Sh1,211.57 | Sh12,894.39 | -90.60% |
| 1000 OAX | Sh2,423.13 | Sh25,788.78 | -90.60% |
How to convert OAX to KES
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Convert OAX to KES
Use a variety of payment options to buy OAX on Bitget. We'll show you how.
Learn MoreBuy OAX (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of OAX with KES. However, you can buy USDT in Bitget P2P trading first, and then buy OAX with USDT via Bitget spot market.
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Sell OAX (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of OAX to KES. However, you can first exchange OAX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of OAX to KES?
There are many factors that affect the relationship between OAX 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 OAX/KES. When there is positive news in the market about the widespread adoption of OAX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OAX/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OAX/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 OAX/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 OAX and adjust their investment strategies accordingly in the evolving market.
OAX price prediction
What will the price of OAX be in 2026?
Based on OAX's historical price performance prediction model, the price of OAX is projected to reach $0.02141 in 2026.
What will the price of OAX be in 2031?
In 2031, the OAX price is expected to change by +19.00%. By the end of 2031, the OAX price is projected to reach $0.03074, with a cumulative ROI of +49.44%.
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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 OAX 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 OAX 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 OAX 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.
