NAX
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 NextDAO(NAX) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 NAX at a value of 1 NAX 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.
Bitget crypto-to-fiat exchange data shows that the most popular NextDAO currency pair is the NAX to KES, with for NextDAO's currency code being NAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
NAX to KES conversion rate trend
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In the past 1D, NextDAO has changed -12.93% to KES. Based on the trend and price charts, NextDAO(NAX) has changed -12.93% to KES while Kenyan Shilling(KES) has changed % to NAX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.003963 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh0.004054 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/23 16:00:21(UTC+0)
How to buy NextDAO
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 NextDAO (NAX)
Use a variety of payment options to buy NextDAO on Bitget. We'll show you how.
Buy NAX (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of NAX with KES. However, you can buy USDT in Bitget P2P trading first, and then buy NAX 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 NAX (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of NAX to KES. However, you can first exchange NAX 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 NextDAO to Kenyan Shilling?
NextDAO to Kenyan Shilling is falling this week.NextDAO's current market price is Sh 0.004150 per NAX, with a total market cap of Sh 10,868,183.39 KES based on a circulating supply of 2,618,846,200 NAX. The trading volume of NextDAO has changed by -20.44% (Sh -13,688.22 KES) in the last 24 hours. Last trading day, NAX's trading volume was Sh 66,965.86.
Market cap
$83.94K
24h volume
$411.50979274
Circulating supply
2.62B NAX
Conversion tables
The exchange rate of NextDAO is decreasing.1 NAX is currently valued at Sh 0.004150 KES , which means buying 5 NAX will cost Sh 0.02075 KES . Similarly, Sh1 KES can be traded for 240.96 NAX, and Sh50 KES can be converted to 12,048.22 NAX, excluding any platform or gas fees.
The exchange rate of 1 NAX to Kenyan Shilling has changed by -13.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by -12.93%, reaching a high of 0.004768 KES and a low of 0.003918 KES . One month ago, the value of 1 NAX was Sh 0.005259 KES , which represents a -21.08% change from its current value. Over the last year, NextDAO has changed by , resulting in a change of -46.38% in its value.
-Sh
0.003589KESNAX to KES
Amount
00:12 am today
0.5 NAX
Sh0.002075
1 NAX
Sh0.004150
5 NAX
Sh0.02075
10 NAX
Sh0.04150
50 NAX
Sh0.2075
100 NAX
Sh0.4150
500 NAX
Sh2.07
1000 NAX
Sh4.15
KES to NAX
Amount00:12 am today
0.5KES120.48 NAX
1KES240.96 NAX
5KES1,204.82 NAX
10KES2,409.64 NAX
50KES12,048.22 NAX
100KES24,096.45 NAX
500KES120,482.25 NAX
1000KES240,964.49 NAX
Today vs. 24 hours ago
| Amount | 00:12 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NAX | $0.{4}1603 | $0.{4}1841 | -12.93% |
| 1 NAX | $0.{4}3205 | $0.{4}3681 | -12.93% |
| 5 NAX | $0.0001603 | $0.0001841 | -12.93% |
| 10 NAX | $0.0003205 | $0.0003681 | -12.93% |
| 50 NAX | $0.001603 | $0.001841 | -12.93% |
| 100 NAX | $0.003205 | $0.003681 | -12.93% |
| 500 NAX | $0.01603 | $0.01841 | -12.93% |
| 1000 NAX | $0.03205 | $0.03681 | -12.93% |
Today vs. 1 month ago
| Amount | 00:12 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NAX | $0.{4}1603 | $0.{4}2031 | -21.08% |
| 1 NAX | $0.{4}3205 | $0.{4}4062 | -21.08% |
| 5 NAX | $0.0001603 | $0.0002031 | -21.08% |
| 10 NAX | $0.0003205 | $0.0004062 | -21.08% |
| 50 NAX | $0.001603 | $0.002031 | -21.08% |
| 100 NAX | $0.003205 | $0.004062 | -21.08% |
| 500 NAX | $0.01603 | $0.02031 | -21.08% |
| 1000 NAX | $0.03205 | $0.04062 | -21.08% |
Today vs. 1 year ago
| Amount | 00:12 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NAX | $0.{4}1603 | $0.{4}2989 | -46.38% |
| 1 NAX | $0.{4}3205 | $0.{4}5977 | -46.38% |
| 5 NAX | $0.0001603 | $0.0002989 | -46.38% |
| 10 NAX | $0.0003205 | $0.0005977 | -46.38% |
| 50 NAX | $0.001603 | $0.002989 | -46.38% |
| 100 NAX | $0.003205 | $0.005977 | -46.38% |
| 500 NAX | $0.01603 | $0.02989 | -46.38% |
| 1000 NAX | $0.03205 | $0.05977 | -46.38% |
NextDAO price prediction
What will the price of NAX be in 2025?
Based on NAX's historical price performance prediction model, the price of NAX is projected to reach $0.{4}6142 in 2025.
What will the price of NAX be in 2030?
In 2030, the NAX price is expected to change by +5.00%. By the end of 2030, the NAX price is projected to reach $0.{4}8620, with a cumulative ROI of +135.78%.
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Popular NextDAO conversions
Check out these popular currency conversions of NextDAO to several fiat currencies.
NextDAO to USD
1 NAX to $ 0.{4}3205 USD
NextDAO to GBP
1 NAX to £ 0.{4}2558 GBP
NextDAO to EUR
1 NAX to € 0.{4}3077 EUR
NextDAO to KRW
1 NAX to ₩ 0.04502 KRW
NextDAO to CAD
1 NAX to $ 0.{4}4498 CAD
NextDAO to AUD
1 NAX to $ 0.{4}4929 AUD
NextDAO to JPY
1 NAX to ¥ 0.004961 JPY
NextDAO to BRL
1 NAX to R$ 0.0001859 BRL
NextDAO to CNY
1 NAX to ¥ 0.0002325 CNY
NextDAO to TWD
1 NAX to NT$ 0.001044 TWD
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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 NextDAO 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 NextDAO 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 NextDAO 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.
