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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.66%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$85113.18 (+1.72%)Fear and Greed Index49(Neutral)
Total spot Bitcoin ETF netflow +$11.8M (1D); -$56.6M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome 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 share60.66%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$85113.18 (+1.72%)Fear and Greed Index49(Neutral)
Total spot Bitcoin ETF netflow +$11.8M (1D); -$56.6M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
DMD
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 Diamond(DMD) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 DMD at a value of 1 DMD for 178.49 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 Diamond currency pair is the DMD to KES, with for Diamond's currency code being DMD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
DMD to KES conversion rate trend
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In the past 1D, Diamond has changed +1.81% to KES. Based on the trend and price charts, Diamond(DMD) has changed +1.81% to KES while Kenyan Shilling(KES) has changed % to DMD in the last 24 hours.
DMD to KES market statistics
DMD/KES:
Sh 178.49
DMD 24h volume:
Sh 2,432,669.22
DMD market cap:
Sh 688,208,141.86
DMD circulating supply:
3.86M DMD
More info about Diamond on Bitget
Current DMD to KES exchange rate
Diamond to Kenyan Shilling is rising this week.Diamond's current market price is Sh 178.49 per DMD, with a total market cap of Sh 688,208,141.86 KES based on a circulating supply of 3,855,673.2 DMD. The trading volume of Diamond has changed by +20.36% (Sh 411,494.92 KES) in the last 24 hours. Last trading day, DMD's trading volume was Sh 2,021,174.3.
DMD to KES Conversion tables
The exchange rate of Diamond is decreasing.1 DMD is currently valued at Sh 178.49 KES , which means buying 5 DMD will cost Sh 892.46 KES . Similarly, Sh1 KES can be traded for 0.005602 DMD, and Sh50 KES can be converted to 0.2801 DMD, excluding any platform or gas fees.
The exchange rate of 1 DMD to Kenyan Shilling has changed by +1.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.81%, reaching a high of 183.51 KES and a low of 176.25 KES . One month ago, the value of 1 DMD was Sh 204.07 KES , which represents a -12.53% change from its current value. Over the last year, Diamond has changed by , resulting in a change of -14.03% in its value.
-Sh
29.13KESDMD to KES
Amount
10:31 am today
0.5 DMD
Sh89.25
1 DMD
Sh178.49
5 DMD
Sh892.46
10 DMD
Sh1,784.92
50 DMD
Sh8,924.62
100 DMD
Sh17,849.23
500 DMD
Sh89,246.17
1000 DMD
Sh178,492.34
KES to DMD
Amount10:31 am today
0.5KES0.002801 DMD
1KES0.005602 DMD
5KES0.02801 DMD
10KES0.05602 DMD
50KES0.2801 DMD
100KES0.5602 DMD
500KES2.8 DMD
1000KES5.6 DMD
DMD to KES Today vs. 24 hours ago
| Amount | 10:31 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DMD | Sh89.25 | Sh87.66 | +1.81% |
| 1 DMD | Sh178.49 | Sh175.32 | +1.81% |
| 5 DMD | Sh892.46 | Sh876.62 | +1.81% |
| 10 DMD | Sh1,784.92 | Sh1,753.23 | +1.81% |
| 50 DMD | Sh8,924.62 | Sh8,766.15 | +1.81% |
| 100 DMD | Sh17,849.23 | Sh17,532.31 | +1.81% |
| 500 DMD | Sh89,246.17 | Sh87,661.53 | +1.81% |
| 1000 DMD | Sh178,492.34 | Sh175,323.06 | +1.81% |
DMD to KES Today vs. 1 month ago
| Amount | 10:31 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DMD | Sh89.25 | Sh102.04 | -12.53% |
| 1 DMD | Sh178.49 | Sh204.07 | -12.53% |
| 5 DMD | Sh892.46 | Sh1,020.37 | -12.53% |
| 10 DMD | Sh1,784.92 | Sh2,040.74 | -12.53% |
| 50 DMD | Sh8,924.62 | Sh10,203.7 | -12.53% |
| 100 DMD | Sh17,849.23 | Sh20,407.4 | -12.53% |
| 500 DMD | Sh89,246.17 | Sh102,037.01 | -12.53% |
| 1000 DMD | Sh178,492.34 | Sh204,074.02 | -12.53% |
DMD to KES Today vs. 1 year ago
| Amount | 10:31 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DMD | Sh89.25 | Sh103.81 | -14.03% |
| 1 DMD | Sh178.49 | Sh207.62 | -14.03% |
| 5 DMD | Sh892.46 | Sh1,038.09 | -14.03% |
| 10 DMD | Sh1,784.92 | Sh2,076.18 | -14.03% |
| 50 DMD | Sh8,924.62 | Sh10,380.89 | -14.03% |
| 100 DMD | Sh17,849.23 | Sh20,761.78 | -14.03% |
| 500 DMD | Sh89,246.17 | Sh103,808.89 | -14.03% |
| 1000 DMD | Sh178,492.34 | Sh207,617.77 | -14.03% |
How to convert DMD to KES
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert DMD to KES
Use a variety of payment options to buy Diamond on Bitget. We'll show you how.
Buy DMD (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of DMD with KES. However, you can buy USDT in Bitget P2P trading first, and then buy DMD 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 DMD (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of DMD to KES. However, you can first exchange DMD 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 DMD to KES?
There are many factors that affect the relationship between Diamond 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 DMD/KES. When there is positive news in the market about the widespread adoption of DMD or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DMD/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DMD/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 DMD/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 Diamond and adjust their investment strategies accordingly in the evolving market.
Diamond price prediction
What will the price of DMD be in 2026?
Based on DMD's historical price performance prediction model, the price of DMD is projected to reach $1.41 in 2026.
What will the price of DMD be in 2031?
In 2031, the DMD price is expected to change by +34.00%. By the end of 2031, the DMD price is projected to reach $2.05, with a cumulative ROI of +47.62%.
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Popular Diamond Converter
Check out these popular currency conversions of Diamond to several fiat currencies.
DMD to TWD
1 DMD to NT$ 45.53 TWD
DMD to KES
1 DMD to Sh 178.49 KES
DMD to CNY
1 DMD to ¥ 9.98 CNY
DMD to USD
1 DMD to $ 1.38 USD
DMD to AUD
1 DMD to $ 2.18 AUD
DMD to EUR
1 DMD to € 1.27 EUR
DMD to CAD
1 DMD to $ 1.98 CAD
DMD to KRW
1 DMD to ₩ 2,017.53 KRW
DMD to JPY
1 DMD to ¥ 204.96 JPY
DMD to GBP
1 DMD to £ 1.06 GBP
DMD to BRL
1 DMD to R$ 7.81 BRL
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Explore other cryptocurrencies based on your interest in Diamond.
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1 TUT to Sh 5.69 KES
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1 BTC to Sh 11,028,889.33 KES
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1 ATN to Sh 1,352.65 KES
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1 ETH to Sh 256,192.76 KES
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1 XRP to Sh 321.14 KES
BANANA to KES
1 BANANA to Sh 2,560.94 KES
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1 TEL to Sh 0.8304 KES
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1 PLU to Sh 119.05 KES
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1 BDT to Sh 0.002375 KES
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1 PEPE to Sh 0.0009601 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 Diamond 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 Diamond 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 Diamond 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.
