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FPIS to KES Converter and calculator

FPIS/KES: 1 FPIS = 68.35 KES. The price of converting 1 Frax Price Index Share (FPIS) to Kenyan Shilling (KES) is 68.35 KES today.
FPIS
FPIS
KES
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FPIS to KES real-time exchange rates, making it easy to convert Frax Price Index Share (FPIS) to Kenyan Shilling (KES). The conversion result is based on real-time data. The conversion result shows that 1 FPIS is currently valued at 68.35 KES. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FPIS is currently valued at 68.35 KES, which means buying 5 FPIS would cost 341.75 KES. Similarly, Sh1 KES can be converted to 0.01463 FPIS, and Sh50 KES can be converted to 0.07315 FPIS, excluding any platform or gas fees.

Convert FPIS to KES

Convert KES to FPIS

Frax Price Index Share
Kenyan Shilling
20 FPIS
1,366.99  KES
50 FPIS
3,417.48  KES
100 FPIS
6,834.97  KES
200 FPIS
13,669.94  KES
500 FPIS
34,174.85  KES
1000 FPIS
68,349.7  KES
5000 FPIS
341,748.48  KES
10000 FPIS
683,496.95  KES
In the table above, you'll find a comprehensive FPIS to KES converter that shows the value of Frax Price Index Share in Kenyan Shilling across commonly used conversion amounts. The list covers conversions from 1 FPIS to KES, all the way up to 10000 FPIS, providing a clear view of their respective values.
Kenyan Shilling
Frax Price Index Share
100000 KES
1,463.06 FPIS
In the table above, you'll find a comprehensive KES to FPIS converter that shows the value of Kenyan Shilling in Frax Price Index Share across commonly used conversion amounts. The list covers conversions from 1 KES to FPIS, all the way up to 100000 KES, providing a clear view of their respective values.

FPIS to KES chart

FPIS/KES: 1 FPIS = 68.35 KES; 2025/04/27 15:22:42
In the past 1D, Frax Price Index Share has changed +11.51% to KES. Based on the trend and price charts, Frax Price Index Share(FPIS) has changed +11.51% to KES while Kenyan Shilling(KES) has changed % to FPIS in the last 24 hours.
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FPIS to KES conversion data: Volatility and price changes of Frax Price Index Share in KES

The highest Frax Price Index Share price in KES over the past 7 days was 68.57 KES while the lowest Frax Price Index Share price in KES over the past 7 days was 50.79 KES. The relative change between the highs and lows in Frax Price Index Share price in KES over the last 7 days indicates a volatility of %. You can view additional volatility data and FPIS to KES prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
68.57 KES
68.57 KES
68.57 KES
99.85 KES
Low
61.35 KES
50.79 KES
41.46 KES
41.46 KES
Average
0 KES
0 KES
0 KES
0 KES
Volatility
%
%
%
%
Change
+11.51%
+22.93%
+13.46%
-30.15%

Frax Price Index Share information

FPIS to KES market statistics

FPIS/KES:
Sh68.35
FPIS 24h volume:
Sh1,110,014.18
FPIS market cap:
--
FPIS circulating supply:
0 FPIS

Current FPIS to KES exchange rate

Frax Price Index Share to Kenyan Shilling is rising this week.
Frax Price Index Share's current market price is Sh68.35 per FPIS, with a total market cap of Sh0 KES based on a circulating supply of -- FPIS. The trading volume of Frax Price Index Share has changed by 0.00% (Sh0 KES) in the last 24 hours. Last trading day, FPIS's trading volume was Sh1,110,014.18.

More info about Frax Price Index Share on Bitget

Kenyan Shilling 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 Frax Price Index Share currency pair is the FPIS to KES, with for Frax Price Index Share's currency code being FPIS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

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How to convert FPIS to KES

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Convert FPIS to KES
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FPIS to KES Conversion tables

The exchange rate of Frax Price Index Share is increasing.
The exchange rate of 1 FPIS to Kenyan Shilling has changed by +22.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.51%, reaching a high of 68.57 KES and a low of 61.35 KES . One month ago, the value of 1 FPIS was Sh60.24 KES , which represents a +13.46% change from its current value. Over the last year, Frax Price Index Share has changed by
-Sh
72.69KES
, resulting in a change of -51.54% in its value.
24 hours ago1 month ago1 year ago
Amount15:22 today24 hours ago24h change
0.5 FPISSh34.17Sh30.65
+11.51%
1 FPISSh68.35Sh61.3
+11.51%
5 FPISSh341.75Sh306.48
+11.51%
10 FPISSh683.5Sh612.96
+11.51%
50 FPISSh3,417.48Sh3,064.81
+11.51%
100 FPISSh6,834.97Sh6,129.61
+11.51%
500 FPISSh34,174.85Sh30,648.06
+11.51%
1000 FPISSh68,349.7Sh61,296.12
+11.51%

FPIS to KES FAQ

How much is 1 Frax Price Index Share in KES?
Right now, the price of 1 Frax Price Index Share (FPIS) in Kenyan Shilling (KES) is Sh68.35.
How much FPIS can I buy for 1 KES?
Based on the current exchange rate, you can get 0.01463 FPIS for 1 KES.
How do I calculate or convert FPIS to KES?
You can use our FPIS to KES calculator at the top of this page to convert any amount of FPIS to KES. We've also included quick-reference tables for the most popular conversions. For example, 5 KES is equivalent to 0.07315 FPIS, while 5 FPIS will cost around 341.75KES.
What is the highest price of FPIS/KES in history?
The all-time high price of 1 FPIS in KES is Sh1,832.17. It remains to be seen if the value of 1 FPIS/KES will exceed the current all-time high.
What is the price trend of Frax Price Index Share in KES?
Over the past 7 days, the exchange rate of Frax Price Index Share (FPIS) has gone up by 22.93%.   Over the last month, the exchange rate of Frax Price Index Share (FPIS) has gone up by 13.46% against Kenyan Shilling (KES).

What factors influence the conversion rate of FPIS to KES?

There are many factors that affect the relationship between Frax Price Index Share 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 FPIS/KES. When there is positive news in the market about the widespread adoption of FPIS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FPIS/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FPIS/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.
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 FPIS/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 Frax Price Index Share and adjust their investment strategies accordingly in the evolving market.

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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.