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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.85%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$82666.69 (-0.48%)Fear and Greed Index27(Fear)
Total spot Bitcoin ETF netflow -$135.2M (1D); -$1.29B (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 share60.85%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$82666.69 (-0.48%)Fear and Greed Index27(Fear)
Total spot Bitcoin ETF netflow -$135.2M (1D); -$1.29B (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
SHOPX
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 SHOPX(SHOPX) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 SHOPX at a value of 1 SHOPX for 0.11 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 SHOPX currency pair is the SHOPX to KES, with for SHOPX's currency code being SHOPX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
SHOPX to KES conversion rate trend
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In the past 1D, SHOPX has changed -1.40% to KES. Based on the trend and price charts, SHOPX(SHOPX) has changed -1.40% to KES while Kenyan Shilling(KES) has changed % to SHOPX in the last 24 hours.
SHOPX to KES market statistics
SHOPX/KES:
Sh 0.1085
SHOPX 24h volume:
Sh 17,650.25
SHOPX market cap:
Sh 51,987,137.13
SHOPX circulating supply:
478.95M SHOPX
More info about SHOPX on Bitget
Current SHOPX to KES exchange rate
SHOPX to Kenyan Shilling is falling this week.SHOPX's current market price is Sh 0.1085 per SHOPX, with a total market cap of Sh 51,987,137.13 KES based on a circulating supply of 478,954,080 SHOPX. The trading volume of SHOPX has changed by 0.00% (Sh 0 KES) in the last 24 hours. Last trading day, SHOPX's trading volume was Sh 17,650.25.
SHOPX to KES Conversion tables
The exchange rate of SHOPX is decreasing.1 SHOPX is currently valued at Sh 0.1085 KES , which means buying 5 SHOPX will cost Sh 0.5427 KES . Similarly, Sh1 KES can be traded for 9.21 SHOPX, and Sh50 KES can be converted to 460.65 SHOPX, excluding any platform or gas fees.
The exchange rate of 1 SHOPX to Kenyan Shilling has changed by -20.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.40%, reaching a high of 0.1373 KES and a low of 0.1085 KES . One month ago, the value of 1 SHOPX was Sh 0.5941 KES , which represents a -81.73% change from its current value. Over the last year, SHOPX has changed by , resulting in a change of -95.23% in its value.
-Sh
2.17KESSHOPX to KES
Amount
09:04 am today
0.5 SHOPX
Sh0.05427
1 SHOPX
Sh0.1085
5 SHOPX
Sh0.5427
10 SHOPX
Sh1.09
50 SHOPX
Sh5.43
100 SHOPX
Sh10.85
500 SHOPX
Sh54.27
1000 SHOPX
Sh108.54
KES to SHOPX
Amount09:04 am today
0.5KES4.61 SHOPX
1KES9.21 SHOPX
5KES46.06 SHOPX
10KES92.13 SHOPX
50KES460.65 SHOPX
100KES921.29 SHOPX
500KES4,606.47 SHOPX
1000KES9,212.93 SHOPX
SHOPX to KES Today vs. 24 hours ago
| Amount | 09:04 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SHOPX | Sh0.05427 | Sh0.05504 | -1.40% |
| 1 SHOPX | Sh0.1085 | Sh0.1101 | -1.40% |
| 5 SHOPX | Sh0.5427 | Sh0.5504 | -1.40% |
| 10 SHOPX | Sh1.09 | Sh1.1 | -1.40% |
| 50 SHOPX | Sh5.43 | Sh5.5 | -1.40% |
| 100 SHOPX | Sh10.85 | Sh11.01 | -1.40% |
| 500 SHOPX | Sh54.27 | Sh55.04 | -1.40% |
| 1000 SHOPX | Sh108.54 | Sh110.08 | -1.40% |
SHOPX to KES Today vs. 1 month ago
| Amount | 09:04 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SHOPX | Sh0.05427 | Sh0.2971 | -81.73% |
| 1 SHOPX | Sh0.1085 | Sh0.5941 | -81.73% |
| 5 SHOPX | Sh0.5427 | Sh2.97 | -81.73% |
| 10 SHOPX | Sh1.09 | Sh5.94 | -81.73% |
| 50 SHOPX | Sh5.43 | Sh29.71 | -81.73% |
| 100 SHOPX | Sh10.85 | Sh59.41 | -81.73% |
| 500 SHOPX | Sh54.27 | Sh297.07 | -81.73% |
| 1000 SHOPX | Sh108.54 | Sh594.13 | -81.73% |
SHOPX to KES Today vs. 1 year ago
| Amount | 09:04 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SHOPX | Sh0.05427 | Sh1.14 | -95.23% |
| 1 SHOPX | Sh0.1085 | Sh2.28 | -95.23% |
| 5 SHOPX | Sh0.5427 | Sh11.38 | -95.23% |
| 10 SHOPX | Sh1.09 | Sh22.76 | -95.23% |
| 50 SHOPX | Sh5.43 | Sh113.81 | -95.23% |
| 100 SHOPX | Sh10.85 | Sh227.62 | -95.23% |
| 500 SHOPX | Sh54.27 | Sh1,138.08 | -95.23% |
| 1000 SHOPX | Sh108.54 | Sh2,276.16 | -95.23% |
How to convert SHOPX to KES
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert SHOPX to KES
Use a variety of payment options to buy SHOPX on Bitget. We'll show you how.
Buy SHOPX (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of SHOPX with KES. However, you can buy USDT in Bitget P2P trading first, and then buy SHOPX 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 SHOPX (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of SHOPX to KES. However, you can first exchange SHOPX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of SHOPX to KES?
There are many factors that affect the relationship between SHOPX 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 SHOPX/KES. When there is positive news in the market about the widespread adoption of SHOPX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHOPX/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHOPX/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 SHOPX/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 SHOPX and adjust their investment strategies accordingly in the evolving market.
SHOPX price prediction
What will the price of SHOPX be in 2026?
Based on SHOPX's historical price performance prediction model, the price of SHOPX is projected to reach $0.001225 in 2026.
What will the price of SHOPX be in 2031?
In 2031, the SHOPX price is expected to change by +28.00%. By the end of 2031, the SHOPX price is projected to reach $0.001785, with a cumulative ROI of +112.52%.
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Popular SHOPX Converter
Check out these popular currency conversions of SHOPX to several fiat currencies.
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1 SHOPX to NT$ 0.02767 TWD
SHOPX to KES
1 SHOPX to Sh 0.1085 KES
SHOPX to CNY
1 SHOPX to ¥ 0.006075 CNY
SHOPX to USD
1 SHOPX to $ 0.0008388 USD
SHOPX to AUD
1 SHOPX to $ 0.001331 AUD
SHOPX to EUR
1 SHOPX to € 0.0007738 EUR
SHOPX to CAD
1 SHOPX to $ 0.001210 CAD
SHOPX to KRW
1 SHOPX to ₩ 1.22 KRW
SHOPX to JPY
1 SHOPX to ¥ 0.1248 JPY
SHOPX to GBP
1 SHOPX to £ 0.0006489 GBP
SHOPX to BRL
1 SHOPX to R$ 0.004868 BRL
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1 LAI to Sh 0.9053 KES
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1 PNUT to Sh 22.98 KES
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1 MDT to Sh 4.02 KES
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1 SEI to Sh 25.82 KES
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1 WELL to Sh 2.84 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 SHOPX 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 SHOPX 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 SHOPX 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.
