RAIL
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 Railgun(RAIL) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 RAIL at a value of 1 RAIL for 96.88 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 Railgun currency pair is the RAIL to KES, with for Railgun's currency code being RAIL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
RAIL to KES conversion rate trend
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In the past 1D, Railgun has changed +0.71% to KES. Based on the trend and price charts, Railgun(RAIL) has changed +0.71% to KES while Kenyan Shilling(KES) has changed % to RAIL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh96.69 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 16:32:13(UTC+0)
How to buy Railgun
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 Railgun (RAIL)
Use a variety of payment options to buy Railgun on Bitget. We'll show you how.
Buy RAIL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of RAIL with KES. However, you can buy USDT in Bitget P2P trading first, and then buy RAIL 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 RAIL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of RAIL to KES. However, you can first exchange RAIL 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 Railgun to Kenyan Shilling?
Railgun to Kenyan Shilling is falling this week.Railgun's current market price is Sh 96.88 per RAIL, with a total market cap of Sh 0 KES based on a circulating supply of -- RAIL. The trading volume of Railgun has changed by +19.10% (Sh 4,909,939.78 KES) in the last 24 hours. Last trading day, RAIL's trading volume was Sh 25,712,818.24.
Market cap
$0
24h volume
$236.53K
Circulating supply
0 RAIL
Conversion tables
The exchange rate of Railgun is increasing.1 RAIL is currently valued at Sh 96.88 KES , which means buying 5 RAIL will cost Sh 484.4 KES . Similarly, Sh1 KES can be traded for 0.01032 RAIL, and Sh50 KES can be converted to 0.5161 RAIL, excluding any platform or gas fees.
The exchange rate of 1 RAIL to Kenyan Shilling has changed by -1.51% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.71%, reaching a high of 100.04 KES and a low of 94.65 KES . One month ago, the value of 1 RAIL was Sh 95.12 KES , which represents a +1.85% change from its current value. Over the last year, Railgun has changed by , resulting in a change of +65.31% in its value.
+Sh
38.29KESRAIL to KES
Amount
20:09 today
0.5 RAIL
Sh48.44
1 RAIL
Sh96.88
5 RAIL
Sh484.4
10 RAIL
Sh968.79
50 RAIL
Sh4,843.96
100 RAIL
Sh9,687.91
500 RAIL
Sh48,439.57
1000 RAIL
Sh96,879.15
KES to RAIL
Amount20:09 today
0.5KES0.005161 RAIL
1KES0.01032 RAIL
5KES0.05161 RAIL
10KES0.1032 RAIL
50KES0.5161 RAIL
100KES1.03 RAIL
500KES5.16 RAIL
1000KES10.32 RAIL
Today vs. 24 hours ago
| Amount | 20:09 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAIL | $0.3741 | $0.3715 | +0.71% |
| 1 RAIL | $0.7483 | $0.7430 | +0.71% |
| 5 RAIL | $3.74 | $3.71 | +0.71% |
| 10 RAIL | $7.48 | $7.43 | +0.71% |
| 50 RAIL | $37.41 | $37.15 | +0.71% |
| 100 RAIL | $74.83 | $74.3 | +0.71% |
| 500 RAIL | $374.14 | $371.49 | +0.71% |
| 1000 RAIL | $748.28 | $742.98 | +0.71% |
Today vs. 1 month ago
| Amount | 20:09 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAIL | $0.3741 | $0.3673 | +1.85% |
| 1 RAIL | $0.7483 | $0.7347 | +1.85% |
| 5 RAIL | $3.74 | $3.67 | +1.85% |
| 10 RAIL | $7.48 | $7.35 | +1.85% |
| 50 RAIL | $37.41 | $36.73 | +1.85% |
| 100 RAIL | $74.83 | $73.47 | +1.85% |
| 500 RAIL | $374.14 | $367.33 | +1.85% |
| 1000 RAIL | $748.28 | $734.66 | +1.85% |
Today vs. 1 year ago
| Amount | 20:09 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAIL | $0.3741 | $0.2263 | +65.31% |
| 1 RAIL | $0.7483 | $0.4525 | +65.31% |
| 5 RAIL | $3.74 | $2.26 | +65.31% |
| 10 RAIL | $7.48 | $4.53 | +65.31% |
| 50 RAIL | $37.41 | $22.63 | +65.31% |
| 100 RAIL | $74.83 | $45.25 | +65.31% |
| 500 RAIL | $374.14 | $226.27 | +65.31% |
| 1000 RAIL | $748.28 | $452.54 | +65.31% |
Railgun price prediction
What will the price of RAIL be in 2025?
Based on RAIL's historical price performance prediction model, the price of RAIL is projected to reach $1.06 in 2025.
What will the price of RAIL be in 2030?
In 2030, the RAIL price is expected to change by -5.00%. By the end of 2030, the RAIL price is projected to reach $1.17, with a cumulative ROI of +58.59%.
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Popular Railgun conversions
Check out these popular currency conversions of Railgun to several fiat currencies.
Railgun to USD
1 RAIL to $ 0.7483 USD
Railgun to GBP
1 RAIL to £ 0.5950 GBP
Railgun to EUR
1 RAIL to € 0.7152 EUR
Railgun to KRW
1 RAIL to ₩ 1,050.97 KRW
Railgun to CAD
1 RAIL to $ 1.05 CAD
Railgun to AUD
1 RAIL to $ 1.15 AUD
Railgun to JPY
1 RAIL to ¥ 115.39 JPY
Railgun to BRL
1 RAIL to R$ 4.34 BRL
Railgun to CNY
1 RAIL to ¥ 5.43 CNY
Railgun to TWD
1 RAIL to NT$ 24.38 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Railgun.
Bitcoin to KES
1 BTC to Sh 12,475,490.65 KES
MAD to KES
1 MAD to Sh 0.005320 KES
XRP to KES
1 XRP to Sh 178.95 KES
Stellar to KES
1 XLM to Sh 67.57 KES
Kusama to KES
1 KSM to Sh 5,158.42 KES
Dogecoin to KES
1 DOGE to Sh 54.19 KES
Hedera to KES
1 HBAR to Sh 18.53 KES
Cardano to KES
1 ADA to Sh 127.35 KES
Polkadot to KES
1 DOT to Sh 1,100.12 KES
Solana to KES
1 SOL to Sh 32,206.38 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 Railgun 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 Railgun 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 Railgun 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.
