SOFI
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 RAI Finance(SOFI) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 SOFI at a value of 1 SOFI for 1.27 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 RAI Finance currency pair is the SOFI to KES, with for RAI Finance's currency code being SOFI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
SOFI to KES conversion rate trend
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In the past 1D, RAI Finance has changed +5.93% to KES. Based on the trend and price charts, RAI Finance(SOFI) has changed +5.93% to KES while Kenyan Shilling(KES) has changed % to SOFI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1.25 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | Sh1.25 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/16 08:00:14(UTC+0)
How to buy RAI Finance
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 RAI Finance (SOFI)
Use a variety of payment options to buy RAI Finance on Bitget. We'll show you how.
Buy SOFI (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of SOFI with KES. However, you can buy USDT in Bitget P2P trading first, and then buy SOFI 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 SOFI (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of SOFI to KES. However, you can first exchange SOFI 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 RAI Finance to Kenyan Shilling?
RAI Finance to Kenyan Shilling is falling this week.RAI Finance's current market price is Sh 1.27 per SOFI, with a total market cap of Sh 667,862,085.87 KES based on a circulating supply of 526,553,100 SOFI. The trading volume of RAI Finance has changed by -58.21% (Sh -58,326,578.14 KES) in the last 24 hours. Last trading day, SOFI's trading volume was Sh 100,198,033.95.
Market cap
$5.18M
24h volume
$324.58K
Circulating supply
526.55M SOFI
Conversion tables
The exchange rate of RAI Finance is decreasing.1 SOFI is currently valued at Sh 1.27 KES , which means buying 5 SOFI will cost Sh 6.34 KES . Similarly, Sh1 KES can be traded for 0.7884 SOFI, and Sh50 KES can be converted to 39.42 SOFI, excluding any platform or gas fees.
The exchange rate of 1 SOFI to Kenyan Shilling has changed by -1.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.93%, reaching a high of 1.32 KES and a low of 1.22 KES . One month ago, the value of 1 SOFI was Sh 1.42 KES , which represents a -10.25% change from its current value. Over the last year, RAI Finance has changed by , resulting in a change of -56.71% in its value.
-Sh
1.71KESSOFI to KES
Amount
13:44 today
0.5 SOFI
Sh0.6342
1 SOFI
Sh1.27
5 SOFI
Sh6.34
10 SOFI
Sh12.68
50 SOFI
Sh63.42
100 SOFI
Sh126.84
500 SOFI
Sh634.18
1000 SOFI
Sh1,268.37
KES to SOFI
Amount13:44 today
0.5KES0.3942 SOFI
1KES0.7884 SOFI
5KES3.94 SOFI
10KES7.88 SOFI
50KES39.42 SOFI
100KES78.84 SOFI
500KES394.21 SOFI
1000KES788.42 SOFI
Today vs. 24 hours ago
| Amount | 13:44 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOFI | $0.004916 | $0.004632 | +5.93% |
| 1 SOFI | $0.009832 | $0.009265 | +5.93% |
| 5 SOFI | $0.04916 | $0.04632 | +5.93% |
| 10 SOFI | $0.09832 | $0.09265 | +5.93% |
| 50 SOFI | $0.4916 | $0.4632 | +5.93% |
| 100 SOFI | $0.9832 | $0.9265 | +5.93% |
| 500 SOFI | $4.92 | $4.63 | +5.93% |
| 1000 SOFI | $9.83 | $9.26 | +5.93% |
Today vs. 1 month ago
| Amount | 13:44 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOFI | $0.004916 | $0.005495 | -10.25% |
| 1 SOFI | $0.009832 | $0.01099 | -10.25% |
| 5 SOFI | $0.04916 | $0.05495 | -10.25% |
| 10 SOFI | $0.09832 | $0.1099 | -10.25% |
| 50 SOFI | $0.4916 | $0.5495 | -10.25% |
| 100 SOFI | $0.9832 | $1.1 | -10.25% |
| 500 SOFI | $4.92 | $5.49 | -10.25% |
| 1000 SOFI | $9.83 | $10.99 | -10.25% |
Today vs. 1 year ago
| Amount | 13:44 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOFI | $0.004916 | $0.01156 | -56.71% |
| 1 SOFI | $0.009832 | $0.02311 | -56.71% |
| 5 SOFI | $0.04916 | $0.1156 | -56.71% |
| 10 SOFI | $0.09832 | $0.2311 | -56.71% |
| 50 SOFI | $0.4916 | $1.16 | -56.71% |
| 100 SOFI | $0.9832 | $2.31 | -56.71% |
| 500 SOFI | $4.92 | $11.56 | -56.71% |
| 1000 SOFI | $9.83 | $23.11 | -56.71% |
RAI Finance price prediction
What will the price of SOFI be in 2025?
Based on SOFI's historical price performance prediction model, the price of SOFI is projected to reach $0.01316 in 2025.
What will the price of SOFI be in 2030?
In 2030, the SOFI price is expected to change by -1.00%. By the end of 2030, the SOFI price is projected to reach $0.01888, with a cumulative ROI of +97.15%.
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Popular RAI Finance conversions
Check out these popular currency conversions of RAI Finance to several fiat currencies.
RAI Finance to USD
1 SOFI to $ 0.009832 USD
RAI Finance to GBP
1 SOFI to £ 0.007792 GBP
RAI Finance to EUR
1 SOFI to € 0.009324 EUR
RAI Finance to KRW
1 SOFI to ₩ 13.73 KRW
RAI Finance to CAD
1 SOFI to $ 0.01386 CAD
RAI Finance to AUD
1 SOFI to $ 0.01522 AUD
RAI Finance to JPY
1 SOFI to ¥ 1.52 JPY
RAI Finance to BRL
1 SOFI to R$ 0.05700 BRL
RAI Finance to CNY
1 SOFI to ¥ 0.07115 CNY
RAI Finance to TWD
1 SOFI to NT$ 0.3193 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 RAI Finance 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 RAI Finance 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 RAI Finance 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.
