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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.08%
New listings on Bitget: Pi Network
BTC/USDT$83729.09 (-1.48%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.08%
New listings on Bitget: Pi Network
BTC/USDT$83729.09 (-1.48%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
DCR
KES
Last updated as of 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 Decred(DCR) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 DCR at a value of 1 DCR for 1,393.35 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 Decred currency pair is the DCR to KES, with for Decred's currency code being DCR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
DCR to KES conversion rate trend
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In the past 1D, Decred has changed -4.13% to KES. Based on the trend and price charts, Decred(DCR) has changed -4.13% to KES while Kenyan Shilling(KES) has changed % to DCR in the last 24 hours.
DCR to KES market statistics
DCR/KES:
Sh 1,393.35
DCR 24h volume:
Sh 437,205,580.25
DCR market cap:
Sh 23,291,464,863.81
DCR circulating supply:
16.72M DCR
More info about Decred on Bitget
Current DCR to KES exchange rate
Decred to Kenyan Shilling is falling this week.Decred's current market price is Sh 1,393.35 per DCR, with a total market cap of Sh 23,291,464,863.81 KES based on a circulating supply of 16,716,211 DCR. The trading volume of Decred has changed by +51.46% (Sh 148,550,923.38 KES) in the last 24 hours. Last trading day, DCR's trading volume was Sh 288,654,656.87.
DCR to KES Conversion tables
The exchange rate of Decred is decreasing.1 DCR is currently valued at Sh 1,393.35 KES , which means buying 5 DCR will cost Sh 6,966.73 KES . Similarly, Sh1 KES can be traded for 0.0007177 DCR, and Sh50 KES can be converted to 0.03588 DCR, excluding any platform or gas fees.
The exchange rate of 1 DCR to Kenyan Shilling has changed by -13.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.13%, reaching a high of 1,487.11 KES and a low of 1,376.01 KES . One month ago, the value of 1 DCR was Sh 1,439.62 KES , which represents a -3.21% change from its current value. Over the last year, Decred has changed by , resulting in a change of -56.38% in its value.
-Sh
1,800.92KESDCR to KES
Amount
09:41 am today
0.5 DCR
Sh696.67
1 DCR
Sh1,393.35
5 DCR
Sh6,966.73
10 DCR
Sh13,933.46
50 DCR
Sh69,667.29
100 DCR
Sh139,334.59
500 DCR
Sh696,672.95
1000 DCR
Sh1,393,345.89
KES to DCR
Amount09:41 am today
0.5KES0.0003588 DCR
1KES0.0007177 DCR
5KES0.003588 DCR
10KES0.007177 DCR
50KES0.03588 DCR
100KES0.07177 DCR
500KES0.3588 DCR
1000KES0.7177 DCR
DCR to KES Today vs. 24 hours ago
| Amount | 09:41 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DCR | Sh696.67 | Sh726.67 | -4.13% |
| 1 DCR | Sh1,393.35 | Sh1,453.35 | -4.13% |
| 5 DCR | Sh6,966.73 | Sh7,266.73 | -4.13% |
| 10 DCR | Sh13,933.46 | Sh14,533.46 | -4.13% |
| 50 DCR | Sh69,667.29 | Sh72,667.32 | -4.13% |
| 100 DCR | Sh139,334.59 | Sh145,334.65 | -4.13% |
| 500 DCR | Sh696,672.95 | Sh726,673.23 | -4.13% |
| 1000 DCR | Sh1,393,345.89 | Sh1,453,346.46 | -4.13% |
DCR to KES Today vs. 1 month ago
| Amount | 09:41 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DCR | Sh696.67 | Sh719.81 | -3.21% |
| 1 DCR | Sh1,393.35 | Sh1,439.62 | -3.21% |
| 5 DCR | Sh6,966.73 | Sh7,198.12 | -3.21% |
| 10 DCR | Sh13,933.46 | Sh14,396.25 | -3.21% |
| 50 DCR | Sh69,667.29 | Sh71,981.24 | -3.21% |
| 100 DCR | Sh139,334.59 | Sh143,962.49 | -3.21% |
| 500 DCR | Sh696,672.95 | Sh719,812.44 | -3.21% |
| 1000 DCR | Sh1,393,345.89 | Sh1,439,624.89 | -3.21% |
DCR to KES Today vs. 1 year ago
| Amount | 09:41 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DCR | Sh696.67 | Sh1,597.13 | -56.38% |
| 1 DCR | Sh1,393.35 | Sh3,194.27 | -56.38% |
| 5 DCR | Sh6,966.73 | Sh15,971.34 | -56.38% |
| 10 DCR | Sh13,933.46 | Sh31,942.69 | -56.38% |
| 50 DCR | Sh69,667.29 | Sh159,713.44 | -56.38% |
| 100 DCR | Sh139,334.59 | Sh319,426.89 | -56.38% |
| 500 DCR | Sh696,672.95 | Sh1,597,134.43 | -56.38% |
| 1000 DCR | Sh1,393,345.89 | Sh3,194,268.86 | -56.38% |
How to convert DCR to KES
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert DCR to KES
Use a variety of payment options to buy Decred on Bitget. We'll show you how.
Buy DCR (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of DCR with KES. However, you can buy USDT in Bitget P2P trading first, and then buy DCR 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 DCR (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of DCR to KES. However, you can first exchange DCR 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 DCR to KES?
There are many factors that affect the relationship between Decred and Kenyan Shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of DCR/KES. When there is positive news in the market about the widespread adoption of DCR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DCR/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DCR/KES.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of DCR/KES. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Decred and adjust their investment strategies accordingly in the evolving market.
Decred price prediction
What will the price of DCR be in 2026?
Based on DCR's historical price performance prediction model, the price of DCR is projected to reach $12.68 in 2026.
What will the price of DCR be in 2031?
In 2031, the DCR price is expected to change by +34.00%. By the end of 2031, the DCR price is projected to reach $28.04, with a cumulative ROI of +149.27%.
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Popular Decred Converter
Check out these popular currency conversions of Decred to several fiat currencies.
DCR to TWD
1 DCR to NT$ 358.13 TWD
DCR to KES
1 DCR to Sh 1,393.35 KES
DCR to CNY
1 DCR to ¥ 78.64 CNY
DCR to USD
1 DCR to $ 10.78 USD
DCR to EUR
1 DCR to € 9.82 EUR
DCR to CAD
1 DCR to $ 15.26 CAD
DCR to KRW
1 DCR to ₩ 15,779.99 KRW
DCR to JPY
1 DCR to ¥ 1,587.53 JPY
DCR to GBP
1 DCR to £ 8.2 GBP
DCR to BRL
1 DCR to R$ 61.26 BRL
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Decred.
SOL to KES
1 SOL to Sh 15,299.64 KES
BTC to KES
1 BTC to Sh 10,808,448.53 KES
ETH to KES
1 ETH to Sh 234,874.39 KES
XRP to KES
1 XRP to Sh 264.21 KES
TRUMP to KES
1 TRUMP to Sh 1,200.79 KES
BIGTIME to KES
1 BIGTIME to Sh 7.86 KES
DOGE to KES
1 DOGE to Sh 21.18 KES
SUI to KES
1 SUI to Sh 297.55 KES
ADA to KES
1 ADA to Sh 84.11 KES
LINK to KES
1 LINK to Sh 1,675.95 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 Decred 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 Decred 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 Decred 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.
