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FAKT to KES Converter and calculator

FAKT/KES: 1 FAKT = 0.06153 KES. The price of converting 1 Medifakt (FAKT) to Kenyan Shilling (KES) is 0.06153 KES today.
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FAKT
KES
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FAKT to KES real-time exchange rates, making it easy to convert Medifakt (FAKT) to Kenyan Shilling (KES). The conversion result is based on real-time data. The conversion result shows that 1 FAKT is currently valued at 0.06 KES. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FAKT is currently valued at 0.06 KES, which means buying 5 FAKT would cost 0.31 KES. Similarly, Sh1 KES can be converted to 16.25 FAKT, and Sh50 KES can be converted to 81.26 FAKT, excluding any platform or gas fees.

Convert FAKT to KES

Convert KES to FAKT

Medifakt
Kenyan Shilling
5000 FAKT
307.65  KES
10000 FAKT
615.3  KES
In the table above, you'll find a comprehensive FAKT to KES converter that shows the value of Medifakt in Kenyan Shilling across commonly used conversion amounts. The list covers conversions from 1 FAKT to KES, all the way up to 10000 FAKT, providing a clear view of their respective values.
Kenyan Shilling
Medifakt
1000 KES
16,252.28 FAKT
2000 KES
32,504.56 FAKT
5000 KES
81,261.41 FAKT
10000 KES
162,522.82 FAKT
50000 KES
812,614.12 FAKT
100000 KES
1,625,228.24 FAKT
In the table above, you'll find a comprehensive KES to FAKT converter that shows the value of Kenyan Shilling in Medifakt across commonly used conversion amounts. The list covers conversions from 1 KES to FAKT, all the way up to 100000 KES, providing a clear view of their respective values.

FAKT to KES chart

FAKT/KES: 1 FAKT = 0.06153 KES; 2025/05/01 06:05:49
In the past 1D, Medifakt has changed -2.68% to KES. Based on the trend and price charts, Medifakt(FAKT) has changed -2.68% to KES while Kenyan Shilling(KES) has changed % to FAKT in the last 24 hours.
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FAKT to KES conversion data: Volatility and price changes of Medifakt in KES

The highest Medifakt price in KES over the past 7 days was 0.06688 KES while the lowest Medifakt price in KES over the past 7 days was 0.05568 KES. The relative change between the highs and lows in Medifakt price in KES over the last 7 days indicates a volatility of %. You can view additional volatility data and FAKT 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
0.06471 KES
0.06688 KES
0.08236 KES
0.1146 KES
Low
0.05964 KES
0.05568 KES
0.04763 KES
0.03078 KES
Average
0 KES
0 KES
0 KES
0 KES
Volatility
%
%
%
%
Change
-2.68%
+6.48%
-21.42%
-18.83%

Medifakt information

FAKT to KES market statistics

FAKT/KES:
Sh0.06153
FAKT 24h volume:
Sh16,171,152.95
FAKT market cap:
--
FAKT circulating supply:
0 FAKT

Current FAKT to KES exchange rate

Medifakt to Kenyan Shilling is rising this week.
Medifakt's current market price is Sh0.06153 per FAKT, with a total market cap of Sh0 KES based on a circulating supply of -- FAKT. The trading volume of Medifakt has changed by +32.78% (Sh3,992,099.02 KES) in the last 24 hours. Last trading day, FAKT's trading volume was Sh12,179,053.94.

More info about Medifakt 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 Medifakt currency pair is the FAKT to KES, with for Medifakt's currency code being FAKT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

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How to convert FAKT to KES

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Convert FAKT to KES
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Bitget P2P trading does not currently support direct buying of FAKT with KES. However, you can buy USDT in Bitget P2P trading first, and then buy FAKT with USDT via Bitget spot market.
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FAKT to KES Conversion tables

The exchange rate of Medifakt is decreasing.
The exchange rate of 1 FAKT to Kenyan Shilling has changed by +6.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.68%, reaching a high of 0.06471 KES and a low of 0.05964 KES . One month ago, the value of 1 FAKT was Sh0.07830 KES , which represents a -21.42% change from its current value. Over the last year, Medifakt has changed by
-Sh
0.3183KES
, resulting in a change of -83.80% in its value.
24 hours ago1 month ago1 year ago
Amount06:05 am today24 hours ago24h change
0.5 FAKTSh0.03076Sh0.03161
-2.68%
1 FAKTSh0.06153Sh0.06322
-2.68%
5 FAKTSh0.3076Sh0.3161
-2.68%
10 FAKTSh0.6153Sh0.6322
-2.68%
50 FAKTSh3.08Sh3.16
-2.68%
100 FAKTSh6.15Sh6.32
-2.68%
500 FAKTSh30.76Sh31.61
-2.68%
1000 FAKTSh61.53Sh63.22
-2.68%

FAKT to KES FAQ

How much is 1 Medifakt in KES?
Right now, the price of 1 Medifakt (FAKT) in Kenyan Shilling (KES) is Sh0.06153.
How much FAKT can I buy for 1 KES?
Based on the current exchange rate, you can get 16.25 FAKT for 1 KES.
How do I calculate or convert FAKT to KES?
You can use our FAKT to KES calculator at the top of this page to convert any amount of FAKT to KES. We've also included quick-reference tables for the most popular conversions. For example, 5 KES is equivalent to 81.26 FAKT, while 5 FAKT will cost around 0.3076KES.
What is the highest price of FAKT/KES in history?
The all-time high price of 1 FAKT in KES is Sh5.76. It remains to be seen if the value of 1 FAKT/KES will exceed the current all-time high.
What is the price trend of Medifakt in KES?
Over the past 7 days, the exchange rate of Medifakt (FAKT) has gone up by 6.48%.   Over the last month, the exchange rate of Medifakt (FAKT) has gone down by 21.42% against Kenyan Shilling (KES).

What factors influence the conversion rate of FAKT to KES?

There are many factors that affect the relationship between Medifakt 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 FAKT/KES. When there is positive news in the market about the widespread adoption of FAKT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FAKT/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FAKT/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 FAKT/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 Medifakt 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.