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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.
NAZAR to KES conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
Bitget | Sh25.61 | 0.0200% / 0.0320% |
How to buy NAZAR PROTOCOL
Buy NAZAR (or USDT) for KES (Kenyan Shilling) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
P Portia ![]() 361 trades|Completion rate 98.00% | 130.35 KES | Amount363.5 USDT Limit1330 - 47300 KES | ![]() ![]() ![]() | |
M Moas25 ![]() 16 trades|Completion rate 100.00% | 130.38 KES | Amount186.1 USDT Limit1400 - 32800 KES | ![]() | |
F Fastdealer_Coinfloor ![]() 38 trades|Completion rate 100.00% | 130.5 KES | Amount12 USDT Limit1330 - 1500 KES | ![]() ![]() | |
K KENYA_FX ![]() 13 trades|Completion rate 100.00% | 131 KES | Amount3159.31 USDT Limit1330 - 420199.53 KES | ![]() ![]() | |
S SKY-WOLKER ![]() 82 trades|Completion rate 96.00% | 131 KES | Amount37.31 USDT Limit1330 - 3000 KES | ![]() |
Sell NAZAR (or USDT) for KES (Kenyan Shilling) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
C Chris_377 ![]() 187 trades|Completion rate 99.00% | 129.27 KES | Amount5677.76 USDT Limit1330 - 40000 KES | ![]() | |
F Fast & Frank ![]() 45 trades|Completion rate 98.00% | 129.26 KES | Amount9645.64 USDT Limit3000 - 41346 KES | ![]() | |
S SKY-WOLKER ![]() 82 trades|Completion rate 96.00% | 129.25 KES | Amount4060.78 USDT Limit10000 - 100000 KES | ![]() | |
G Glade_ ![]() 14 trades|Completion rate 93.00% | 129.2 KES | Amount1200 USDT Limit50000 - 150000 KES | ![]() ![]() ![]() | |
C COCO FX ![]() 3 trades|Completion rate 75.00% | 129.18 KES | Amount4851.12 USDT Limit1500 - 120000 KES | ![]() ![]() ![]() |
What factors influence the conversion rate of NAZAR PROTOCOL to Kenyan Shilling?
NAZAR PROTOCOL to Kenyan Shilling is falling this week.Conversion tables
The exchange rate of NAZAR PROTOCOL is decreasing.NAZAR to KES
KES to NAZAR
Today vs. 1 year ago
Amount | 07:12 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 NAZAR | $0.1000 | $0.03632 | 0.00% |
1 NAZAR | $0.2001 | $0.07264 | 0.00% |
5 NAZAR | $1 | $0.3632 | 0.00% |
10 NAZAR | $2 | $0.7264 | 0.00% |
50 NAZAR | $10 | $3.63 | 0.00% |
100 NAZAR | $20.01 | $7.26 | 0.00% |
500 NAZAR | $100.03 | $36.32 | 0.00% |
1000 NAZAR | $200.06 | $72.64 | 0.00% |
NAZAR PROTOCOL price prediction
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Buy NAZAR PROTOCOL for 1 KES
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