MAG
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 Magnum Trading(MAG) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MAG at a value of 1 MAG for 12.06 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 Magnum Trading currency pair is the MAG to KES, with for Magnum Trading's currency code being MAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
MAG to KES conversion rate trend
1D7D1M3M1YAll
In the past 1D, Magnum Trading has changed +17.38% to KES. Based on the trend and price charts, Magnum Trading(MAG) has changed +17.38% to KES while Kenyan Shilling(KES) has changed % to MAG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh11.21 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 16:33:12(UTC+0)
How to buy Magnum Trading
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 Magnum Trading (MAG)
Use a variety of payment options to buy Magnum Trading on Bitget. We'll show you how.
Buy MAG (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of MAG with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MAG with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell MAG (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of MAG to KES. However, you can first exchange MAG 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 |
|---|
No matching ads found.
What factors influence the conversion rate of Magnum Trading to Kenyan Shilling?
Magnum Trading to Kenyan Shilling is rising this week.Magnum Trading's current market price is Sh 12.06 per MAG, with a total market cap of Sh 0 KES based on a circulating supply of -- MAG. The trading volume of Magnum Trading has changed by +422.66% (Sh 747,947 KES) in the last 24 hours. Last trading day, MAG's trading volume was Sh 176,961.74.
Market cap
$0
24h volume
$7.14K
Circulating supply
0 MAG
Conversion tables
The exchange rate of Magnum Trading is decreasing.1 MAG is currently valued at Sh 12.06 KES , which means buying 5 MAG will cost Sh 60.29 KES . Similarly, Sh1 KES can be traded for 0.08293 MAG, and Sh50 KES can be converted to 4.15 MAG, excluding any platform or gas fees.
The exchange rate of 1 MAG to Kenyan Shilling has changed by +19.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by +17.38%, reaching a high of 12.06 KES and a low of 10.27 KES . One month ago, the value of 1 MAG was Sh 12.42 KES , which represents a -2.90% change from its current value. Over the last year, Magnum Trading has changed by , resulting in a change of -85.81% in its value.
+Sh
12.06KESMAG to KES
Amount
22:29 today
0.5 MAG
Sh6.03
1 MAG
Sh12.06
5 MAG
Sh60.29
10 MAG
Sh120.58
50 MAG
Sh602.9
100 MAG
Sh1,205.8
500 MAG
Sh6,029.01
1000 MAG
Sh12,058.02
KES to MAG
Amount22:29 today
0.5KES0.04147 MAG
1KES0.08293 MAG
5KES0.4147 MAG
10KES0.8293 MAG
50KES4.15 MAG
100KES8.29 MAG
500KES41.47 MAG
1000KES82.93 MAG
Today vs. 24 hours ago
| Amount | 22:29 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAG | $0.04657 | $0.03967 | +17.38% |
| 1 MAG | $0.09313 | $0.07934 | +17.38% |
| 5 MAG | $0.4657 | $0.3967 | +17.38% |
| 10 MAG | $0.9313 | $0.7934 | +17.38% |
| 50 MAG | $4.66 | $3.97 | +17.38% |
| 100 MAG | $9.31 | $7.93 | +17.38% |
| 500 MAG | $46.57 | $39.67 | +17.38% |
| 1000 MAG | $93.13 | $79.34 | +17.38% |
Today vs. 1 month ago
| Amount | 22:29 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAG | $0.04657 | $0.04796 | -2.90% |
| 1 MAG | $0.09313 | $0.09591 | -2.90% |
| 5 MAG | $0.4657 | $0.4796 | -2.90% |
| 10 MAG | $0.9313 | $0.9591 | -2.90% |
| 50 MAG | $4.66 | $4.8 | -2.90% |
| 100 MAG | $9.31 | $9.59 | -2.90% |
| 500 MAG | $46.57 | $47.96 | -2.90% |
| 1000 MAG | $93.13 | $95.91 | -2.90% |
Today vs. 1 year ago
| Amount | 22:29 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAG | $0.04657 | $0.00 | -85.81% |
| 1 MAG | $0.09313 | $0.00 | -85.81% |
| 5 MAG | $0.4657 | $0.00 | -85.81% |
| 10 MAG | $0.9313 | $0.00 | -85.81% |
| 50 MAG | $4.66 | $0.00 | -85.81% |
| 100 MAG | $9.31 | $0.00 | -85.81% |
| 500 MAG | $46.57 | $0.00 | -85.81% |
| 1000 MAG | $93.13 | $0.00 | -85.81% |
Magnum Trading price prediction
What will the price of MAG be in 2025?
Based on MAG's historical price performance prediction model, the price of MAG is projected to reach $0.1382 in 2025.
What will the price of MAG be in 2030?
In 2030, the MAG price is expected to change by 0.00%. By the end of 2030, the MAG price is projected to reach $0.2185, with a cumulative ROI of +175.43%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Magnum Trading conversions
Check out these popular currency conversions of Magnum Trading to several fiat currencies.
Magnum Trading to USD
1 MAG to $ 0.09313 USD
Magnum Trading to GBP
1 MAG to £ 0.07394 GBP
Magnum Trading to EUR
1 MAG to € 0.08886 EUR
Magnum Trading to KRW
1 MAG to ₩ 130.79 KRW
Magnum Trading to CAD
1 MAG to $ 0.1299 CAD
Magnum Trading to AUD
1 MAG to $ 0.1425 AUD
Magnum Trading to JPY
1 MAG to ¥ 14.36 JPY
Magnum Trading to BRL
1 MAG to R$ 0.5402 BRL
Magnum Trading to CNY
1 MAG to ¥ 0.6773 CNY
Magnum Trading to TWD
1 MAG to NT$ 3.03 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Magnum Trading.
Bitcoin to KES
1 BTC to Sh 12,656,054.36 KES
MAD to KES
1 MAD to Sh 0.004674 KES
XRP to KES
1 XRP to Sh 188.33 KES
Stellar to KES
1 XLM to Sh 72.74 KES
Kusama to KES
1 KSM to Sh 5,398.18 KES
Dogecoin to KES
1 DOGE to Sh 55.46 KES
Hedera to KES
1 HBAR to Sh 19.4 KES
Cardano to KES
1 ADA to Sh 133.44 KES
Polkadot to KES
1 DOT to Sh 1,158.76 KES
Solana to KES
1 SOL to Sh 32,708.82 KES
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 Magnum Trading 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 Magnum Trading 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 Magnum Trading 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.
