MEL
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 MELX(MEL) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MEL at a value of 1 MEL for 0.14 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 MELX currency pair is the MEL to KES, with for MELX's currency code being MEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
MEL to KES conversion rate trend
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In the past 1D, MELX has changed -0.05% to KES. Based on the trend and price charts, MELX(MEL) has changed -0.05% to KES while Kenyan Shilling(KES) has changed % to MEL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.1406 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/18 00:31:44(UTC+0)
How to buy MELX
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 MELX (MEL)
Use a variety of payment options to buy MELX on Bitget. We'll show you how.
Buy MEL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of MEL with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MEL 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 MEL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of MEL to KES. However, you can first exchange MEL 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 MELX to Kenyan Shilling?
MELX to Kenyan Shilling is falling this week.MELX's current market price is Sh 0.1406 per MEL, with a total market cap of Sh 2,854,958.9 KES based on a circulating supply of 20,300,314 MEL. The trading volume of MELX has changed by 0.00% (Sh 0 KES) in the last 24 hours. Last trading day, MEL's trading volume was Sh 0.
Market cap
$22.09K
24h volume
$0
Circulating supply
20.30M MEL
Conversion tables
The exchange rate of MELX is decreasing.1 MEL is currently valued at Sh 0.1406 KES , which means buying 5 MEL will cost Sh 0.7032 KES . Similarly, Sh1 KES can be traded for 7.11 MEL, and Sh50 KES can be converted to 355.53 MEL, excluding any platform or gas fees.
The exchange rate of 1 MEL to Kenyan Shilling has changed by -0.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.05%, reaching a high of 0.1407 KES and a low of 0.1405 KES . One month ago, the value of 1 MEL was Sh 0.1407 KES , which represents a -0.05% change from its current value. Over the last year, MELX has changed by , resulting in a change of -0.02% in its value.
-Sh
0.{4}3442KESMEL to KES
Amount
02:29 am today
0.5 MEL
Sh0.07032
1 MEL
Sh0.1406
5 MEL
Sh0.7032
10 MEL
Sh1.41
50 MEL
Sh7.03
100 MEL
Sh14.06
500 MEL
Sh70.32
1000 MEL
Sh140.64
KES to MEL
Amount02:29 am today
0.5KES3.56 MEL
1KES7.11 MEL
5KES35.55 MEL
10KES71.11 MEL
50KES355.53 MEL
100KES711.05 MEL
500KES3,555.27 MEL
1000KES7,110.55 MEL
Today vs. 24 hours ago
| Amount | 02:29 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MEL | $0.0005440 | $0.0005443 | -0.05% |
| 1 MEL | $0.001088 | $0.001089 | -0.05% |
| 5 MEL | $0.005440 | $0.005443 | -0.05% |
| 10 MEL | $0.01088 | $0.01089 | -0.05% |
| 50 MEL | $0.05440 | $0.05443 | -0.05% |
| 100 MEL | $0.1088 | $0.1089 | -0.05% |
| 500 MEL | $0.5440 | $0.5443 | -0.05% |
| 1000 MEL | $1.09 | $1.09 | -0.05% |
Today vs. 1 month ago
| Amount | 02:29 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MEL | $0.0005440 | $0.0005443 | -0.05% |
| 1 MEL | $0.001088 | $0.001089 | -0.05% |
| 5 MEL | $0.005440 | $0.005443 | -0.05% |
| 10 MEL | $0.01088 | $0.01089 | -0.05% |
| 50 MEL | $0.05440 | $0.05443 | -0.05% |
| 100 MEL | $0.1088 | $0.1089 | -0.05% |
| 500 MEL | $0.5440 | $0.5443 | -0.05% |
| 1000 MEL | $1.09 | $1.09 | -0.05% |
Today vs. 1 year ago
| Amount | 02:29 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MEL | $0.0005440 | $0.0005442 | -0.02% |
| 1 MEL | $0.001088 | $0.001088 | -0.02% |
| 5 MEL | $0.005440 | $0.005442 | -0.02% |
| 10 MEL | $0.01088 | $0.01088 | -0.02% |
| 50 MEL | $0.05440 | $0.05442 | -0.02% |
| 100 MEL | $0.1088 | $0.1088 | -0.02% |
| 500 MEL | $0.5440 | $0.5442 | -0.02% |
| 1000 MEL | $1.09 | $1.09 | -0.02% |
MELX price prediction
What will the price of MEL be in 2025?
Based on MEL's historical price performance prediction model, the price of MEL is projected to reach $0.001304 in 2025.
What will the price of MEL be in 2030?
In 2030, the MEL price is expected to change by -10.00%. By the end of 2030, the MEL price is projected to reach $0.002615, with a cumulative ROI of +140.41%.
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Popular MELX conversions
Check out these popular currency conversions of MELX to several fiat currencies.
MELX to USD
1 MEL to $ 0.001088 USD
MELX to GBP
1 MEL to £ 0.0008562 GBP
MELX to EUR
1 MEL to € 0.001037 EUR
MELX to KRW
1 MEL to ₩ 1.56 KRW
MELX to CAD
1 MEL to $ 0.001557 CAD
MELX to AUD
1 MEL to $ 0.001720 AUD
MELX to JPY
1 MEL to ¥ 0.1672 JPY
MELX to BRL
1 MEL to R$ 0.006643 BRL
MELX to CNY
1 MEL to ¥ 0.007928 CNY
MELX to TWD
1 MEL to NT$ 0.03539 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in MELX.
XRP to KES
1 XRP to Sh 332.99 KES
Solana to KES
1 SOL to Sh 28,419 KES
Stellar to KES
1 XLM to Sh 57.04 KES
Litecoin to KES
1 LTC to Sh 16,560.56 KES
Hedera to KES
1 HBAR to Sh 37.76 KES
Cardano to KES
1 ADA to Sh 136.09 KES
Cronos to KES
1 CRO to Sh 24.4 KES
Bonk to KES
1 BONK to Sh 0.004656 KES
VeChain to KES
1 VET to Sh 7.23 KES
Algorand to KES
1 ALGO to Sh 52.82 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 MELX 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 MELX 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 MELX 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.
