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base info Degen Raffles

Degen Raffles to Kenyan Shilling Converter and calculator

Convert 1Degen Raffles (RAFFLES) to Kenyan Shilling (KES) equals Sh 0.0006324 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Degen Raffles(RAFFLES) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 RAFFLES at a value of 1 RAFFLES for 0.00 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Degen Raffles currency pair is the RAFFLES to KES, with for Degen Raffles's currency code being RAFFLES. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

RAFFLES to KES conversion rate trend

1D7D1M3M1YAll
In the past 1D, Degen Raffles has changed +9.65% to KES. Based on the trend and price charts, Degen Raffles(RAFFLES) has changed +9.65% to KES while Kenyan Shilling(KES) has changed % to RAFFLES in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh0.0006324
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/23 00:34:19(UTC+0)

How to buy Degen Raffles

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Buy Degen Raffles (RAFFLES)
Use a variety of payment options to buy Degen Raffles on Bitget. We'll show you how.

Buy RAFFLES (or USDT) for KES (Kenyan Shilling) offers

Bitget P2P trading does not currently support direct buying of RAFFLES with KES. However, you can buy USDT in Bitget P2P trading first, and then buy RAFFLES with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Zero fees
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Sell RAFFLES (or USDT) for KES (Kenyan Shilling) offers

Bitget P2P trading currently does not support direct selling of RAFFLES to KES. However, you can first exchange RAFFLES for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Degen Raffles to Kenyan Shilling?

Degen Raffles to Kenyan Shilling is rising this week.
Degen Raffles's current market price is Sh 0.0006324 per RAFFLES, with a total market cap of Sh 0 KES based on a circulating supply of -- RAFFLES. The trading volume of Degen Raffles has changed by -50.97% (Sh -22,420.54 KES) in the last 24 hours. Last trading day, RAFFLES's trading volume was Sh 43,989.45.
Market cap
$0
24h volume
$167.2008303
Circulating supply
0 RAFFLES

Conversion tables

The exchange rate of Degen Raffles is decreasing.
1 RAFFLES is currently valued at Sh 0.0006324 KES , which means buying 5 RAFFLES will cost Sh 0.003162 KES . Similarly, Sh1 KES can be traded for 1,581.28 RAFFLES, and Sh50 KES can be converted to 79,064.1 RAFFLES, excluding any platform or gas fees.
The exchange rate of 1 RAFFLES to Kenyan Shilling has changed by +14.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.65%, reaching a high of 0.0006324 KES and a low of 0.0005767 KES . One month ago, the value of 1 RAFFLES was Sh 0.006484 KES , which represents a -90.25% change from its current value. Over the last year, Degen Raffles has changed by
+Sh
0.0006324KES
, resulting in a change of --% in its value.

RAFFLES to KES

Amount
02:06 am today
0.5 RAFFLES
Sh0.0003162
1 RAFFLES
Sh0.0006324
5 RAFFLES
Sh0.003162
10 RAFFLES
Sh0.006324
50 RAFFLES
Sh0.03162
100 RAFFLES
Sh0.06324
500 RAFFLES
Sh0.3162
1000 RAFFLES
Sh0.6324

KES to RAFFLES

Amount02:06 am today
0.5KES790.64  RAFFLES
1KES1,581.28  RAFFLES
5KES7,906.41  RAFFLES
10KES15,812.82  RAFFLES
50KES79,064.1  RAFFLES
100KES158,128.21  RAFFLES
500KES790,641.03  RAFFLES
1000KES1,581,282.05  RAFFLES

Today vs. 24 hours ago

Amount02:06 am today24 hours ago24h change
0.5 RAFFLES$0.{5}2451$0.{5}2235
+9.65%
1 RAFFLES$0.{5}4902$0.{5}4471
+9.65%
5 RAFFLES$0.{4}2451$0.{4}2235
+9.65%
10 RAFFLES$0.{4}4902$0.{4}4471
+9.65%
50 RAFFLES$0.0002451$0.0002235
+9.65%
100 RAFFLES$0.0004902$0.0004471
+9.65%
500 RAFFLES$0.002451$0.002235
+9.65%
1000 RAFFLES$0.004902$0.004471
+9.65%

Today vs. 1 month ago

Amount02:06 am today1 month ago1M change
0.5 RAFFLES$0.{5}2451$0.{4}2513
-90.25%
1 RAFFLES$0.{5}4902$0.{4}5026
-90.25%
5 RAFFLES$0.{4}2451$0.0002513
-90.25%
10 RAFFLES$0.{4}4902$0.0005026
-90.25%
50 RAFFLES$0.0002451$0.002513
-90.25%
100 RAFFLES$0.0004902$0.005026
-90.25%
500 RAFFLES$0.002451$0.02513
-90.25%
1000 RAFFLES$0.004902$0.05026
-90.25%

Today vs. 1 year ago

Amount02:06 am today1 year ago1Y change
0.5 RAFFLES$0.{5}2451$0.00
--
1 RAFFLES$0.{5}4902$0.00
--
5 RAFFLES$0.{4}2451$0.00
--
10 RAFFLES$0.{4}4902$0.00
--
50 RAFFLES$0.0002451$0.00
--
100 RAFFLES$0.0004902$0.00
--
500 RAFFLES$0.002451$0.00
--
1000 RAFFLES$0.004902$0.00
--

Degen Raffles price prediction

What will the price of RAFFLES be in 2025?

Based on RAFFLES's historical price performance prediction model, the price of RAFFLES is projected to reach $0.0001009 in 2025.

What will the price of RAFFLES be in 2030?

In 2030, the RAFFLES price is expected to change by -2.00%. By the end of 2030, the RAFFLES price is projected to reach $0.0001522, with a cumulative ROI of +3005.23%.

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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 Degen Raffles 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 Degen Raffles 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 Degen Raffles 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.