MAGIC
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 Treasure(MAGIC) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MAGIC at a value of 1 MAGIC for 54.31 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 Treasure currency pair is the MAGIC to KES, with for Treasure's currency code being MAGIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
MAGIC to KES conversion rate trend
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In the past 1D, Treasure has changed -2.09% to KES. Based on the trend and price charts, Treasure(MAGIC) has changed -2.09% to KES while Kenyan Shilling(KES) has changed % to MAGIC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh53.34 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh53.31 | 0.1000% / 0.1000% | Yes |
OKX | Sh53.29 | 0.080% / 0.100% | Yes |
Huobi | Sh53.31 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh53.4 | 0.1000% / 0.1000% | Yes |
Bybit | Sh53.29 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh53.54 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy Treasure
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 Treasure (MAGIC)
Use a variety of payment options to buy Treasure on Bitget. We'll show you how.
Buy MAGIC (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of MAGIC with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MAGIC 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 MAGIC (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of MAGIC to KES. However, you can first exchange MAGIC 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 Treasure to Kenyan Shilling?
Treasure to Kenyan Shilling is falling this week.Treasure's current market price is Sh 54.31 per MAGIC, with a total market cap of Sh -- KES based on a circulating supply of -- MAGIC. The trading volume of Treasure has changed by --% (Sh -- KES) in the last 24 hours. Last trading day, MAGIC's trading volume was Sh --.
Market cap
$--
24h volume
$--
Circulating supply
-- MAGIC
Conversion tables
The exchange rate of Treasure is decreasing.1 MAGIC is currently valued at Sh 54.31 KES , which means buying 5 MAGIC will cost Sh 271.57 KES . Similarly, Sh1 KES can be traded for 0.01841 MAGIC, and Sh50 KES can be converted to 0.9206 MAGIC, excluding any platform or gas fees.
The exchange rate of 1 MAGIC to Kenyan Shilling has changed by -28.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.09%, reaching a high of 55.48 KES and a low of 52.12 KES . One month ago, the value of 1 MAGIC was Sh 74.18 KES , which represents a -26.79% change from its current value. Over the last year, Treasure has changed by , resulting in a change of -61.80% in its value.
-Sh
87.92KESMAGIC to KES
Amount
12:02 today
0.5 MAGIC
Sh27.16
1 MAGIC
Sh54.31
5 MAGIC
Sh271.57
10 MAGIC
Sh543.15
50 MAGIC
Sh2,715.73
100 MAGIC
Sh5,431.46
500 MAGIC
Sh27,157.32
1000 MAGIC
Sh54,314.64
KES to MAGIC
Amount12:02 today
0.5KES0.009206 MAGIC
1KES0.01841 MAGIC
5KES0.09206 MAGIC
10KES0.1841 MAGIC
50KES0.9206 MAGIC
100KES1.84 MAGIC
500KES9.21 MAGIC
1000KES18.41 MAGIC
Today vs. 24 hours ago
| Amount | 12:02 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAGIC | $0.2112 | $0.2157 | -2.09% |
| 1 MAGIC | $0.4224 | $0.4314 | -2.09% |
| 5 MAGIC | $2.11 | $2.16 | -2.09% |
| 10 MAGIC | $4.22 | $4.31 | -2.09% |
| 50 MAGIC | $21.12 | $21.57 | -2.09% |
| 100 MAGIC | $42.24 | $43.14 | -2.09% |
| 500 MAGIC | $211.2 | $215.7 | -2.09% |
| 1000 MAGIC | $422.4 | $431.4 | -2.09% |
Today vs. 1 month ago
| Amount | 12:02 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAGIC | $0.2112 | $0.2884 | -26.79% |
| 1 MAGIC | $0.4224 | $0.5769 | -26.79% |
| 5 MAGIC | $2.11 | $2.88 | -26.79% |
| 10 MAGIC | $4.22 | $5.77 | -26.79% |
| 50 MAGIC | $21.12 | $28.84 | -26.79% |
| 100 MAGIC | $42.24 | $57.69 | -26.79% |
| 500 MAGIC | $211.2 | $288.45 | -26.79% |
| 1000 MAGIC | $422.4 | $576.9 | -26.79% |
Today vs. 1 year ago
| Amount | 12:02 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAGIC | $0.2112 | $0.5531 | -61.80% |
| 1 MAGIC | $0.4224 | $1.11 | -61.80% |
| 5 MAGIC | $2.11 | $5.53 | -61.80% |
| 10 MAGIC | $4.22 | $11.06 | -61.80% |
| 50 MAGIC | $21.12 | $55.31 | -61.80% |
| 100 MAGIC | $42.24 | $110.61 | -61.80% |
| 500 MAGIC | $211.2 | $553.05 | -61.80% |
| 1000 MAGIC | $422.4 | $1,106.11 | -61.80% |
Treasure price prediction
What will the price of MAGIC be in 2025?
Based on MAGIC's historical price performance prediction model, the price of MAGIC is projected to reach $0.7760 in 2025.
What will the price of MAGIC be in 2030?
In 2030, the MAGIC price is expected to change by -9.00%. By the end of 2030, the MAGIC price is projected to reach $1.19, with a cumulative ROI of +181.50%.
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Popular Treasure conversions
Check out these popular currency conversions of Treasure to several fiat currencies.
Treasure to USD
1 MAGIC to $ 0.4224 USD
Treasure to GBP
1 MAGIC to £ 0.3360 GBP
Treasure to EUR
1 MAGIC to € 0.4050 EUR
Treasure to KRW
1 MAGIC to ₩ 610.97 KRW
Treasure to CAD
1 MAGIC to $ 0.6065 CAD
Treasure to AUD
1 MAGIC to $ 0.6757 AUD
Treasure to JPY
1 MAGIC to ¥ 66.08 JPY
Treasure to BRL
1 MAGIC to R$ 2.57 BRL
Treasure to CNY
1 MAGIC to ¥ 3.08 CNY
Treasure to TWD
1 MAGIC to NT$ 13.78 TWD
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1 HEX to Sh 2.06 KES
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1 LPT to Sh 1,949.83 KES
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1 CHEX to Sh 72.91 KES
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1 PLSX to Sh 0.004454 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 Treasure 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 Treasure 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 Treasure 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.
