MKR
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 Maker(MKR) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MKR at a value of 1 MKR for 206,742.02 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 Maker currency pair is the MKR to KES, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
MKR to KES conversion rate trend
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In the past 1D, Maker has changed -2.87% to KES. Based on the trend and price charts, Maker(MKR) has changed -2.87% to KES while Kenyan Shilling(KES) has changed % to MKR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh208,437.58 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh208,309 | 0.1000% / 0.1000% | Yes |
OKX | Sh208,283.28 | 0.080% / 0.100% | Yes |
Huobi | Sh208,386.15 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh208,589.31 | 0.1000% / 0.1000% | Yes |
Bybit | Sh208,386.15 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh208,267.85 | 0.1000% / 0.1000% | Yes |
Bitfinex | Sh208,051.82 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy Maker
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Buy Maker (MKR)
Use a variety of payment options to buy Maker on Bitget. We'll show you how.
Learn MoreBuy MKR (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of MKR with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MKR with USDT via Bitget spot market.
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Sell MKR (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of MKR to KES. However, you can first exchange MKR 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 Maker to Kenyan Shilling?
Maker to Kenyan Shilling is falling this week.Maker's current market price is Sh 206,742.02 per MKR, with a total market cap of Sh 184,224,645,662.24 KES based on a circulating supply of 891,084.6 MKR. The trading volume of Maker has changed by -20.61% (Sh -3,199,942,465.32 KES) in the last 24 hours. Last trading day, MKR's trading volume was Sh 15,525,034,399.82.
Market cap
$1.43B
24h volume
$95.85M
Circulating supply
891.08K MKR
Conversion tables
The exchange rate of Maker is decreasing.1 MKR is currently valued at Sh 206,742.02 KES , which means buying 5 MKR will cost Sh 1,033,710.12 KES . Similarly, Sh1 KES can be traded for 0.{5}4837 MKR, and Sh50 KES can be converted to 0.0002418 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Kenyan Shilling has changed by -17.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.87%, reaching a high of 215,488.97 KES and a low of 205,340.26 KES . One month ago, the value of 1 MKR was Sh 206,887.13 KES , which represents a -0.07% change from its current value. Over the last year, Maker has changed by , resulting in a change of +18.34% in its value.
+Sh
6,326.2KESMKR to KES
Amount
14:29 today
0.5 MKR
Sh103,371.01
1 MKR
Sh206,742.02
5 MKR
Sh1,033,710.12
10 MKR
Sh2,067,420.24
50 MKR
Sh10,337,101.19
100 MKR
Sh20,674,202.37
500 MKR
Sh103,371,011.86
1000 MKR
Sh206,742,023.72
KES to MKR
Amount14:29 today
0.5KES0.{5}2418 MKR
1KES0.{5}4837 MKR
5KES0.{4}2418 MKR
10KES0.{4}4837 MKR
50KES0.0002418 MKR
100KES0.0004837 MKR
500KES0.002418 MKR
1000KES0.004837 MKR
Today vs. 24 hours ago
| Amount | 14:29 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MKR | $803.91 | $827.66 | -2.87% |
| 1 MKR | $1,607.81 | $1,655.32 | -2.87% |
| 5 MKR | $8,039.07 | $8,276.58 | -2.87% |
| 10 MKR | $16,078.14 | $16,553.16 | -2.87% |
| 50 MKR | $80,390.69 | $82,765.81 | -2.87% |
| 100 MKR | $160,781.38 | $165,531.62 | -2.87% |
| 500 MKR | $803,906.9 | $827,658.1 | -2.87% |
| 1000 MKR | $1,607,813.8 | $1,655,316.2 | -2.87% |
Today vs. 1 month ago
| Amount | 14:29 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MKR | $803.91 | $804.47 | -0.07% |
| 1 MKR | $1,607.81 | $1,608.94 | -0.07% |
| 5 MKR | $8,039.07 | $8,044.71 | -0.07% |
| 10 MKR | $16,078.14 | $16,089.42 | -0.07% |
| 50 MKR | $80,390.69 | $80,447.11 | -0.07% |
| 100 MKR | $160,781.38 | $160,894.23 | -0.07% |
| 500 MKR | $803,906.9 | $804,471.15 | -0.07% |
| 1000 MKR | $1,607,813.8 | $1,608,942.3 | -0.07% |
Today vs. 1 year ago
| Amount | 14:29 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MKR | $803.91 | $679.31 | +18.34% |
| 1 MKR | $1,607.81 | $1,358.62 | +18.34% |
| 5 MKR | $8,039.07 | $6,793.08 | +18.34% |
| 10 MKR | $16,078.14 | $13,586.16 | +18.34% |
| 50 MKR | $80,390.69 | $67,930.78 | +18.34% |
| 100 MKR | $160,781.38 | $135,861.55 | +18.34% |
| 500 MKR | $803,906.9 | $679,307.75 | +18.34% |
| 1000 MKR | $1,607,813.8 | $1,358,615.5 | +18.34% |
Maker price prediction
What will the price of MKR be in 2025?
Based on MKR's historical price performance prediction model, the price of MKR is projected to reach $2,349.49 in 2025.
What will the price of MKR be in 2030?
In 2030, the MKR price is expected to change by -14.00%. By the end of 2030, the MKR price is projected to reach $4,316.05, with a cumulative ROI of +162.15%.
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Popular Maker conversions
Check out these popular currency conversions of Maker to several fiat currencies.
Maker to USD
1 MKR to $ 1,607.81 USD
Maker to GBP
1 MKR to £ 1,279.34 GBP
Maker to EUR
1 MKR to € 1,541.41 EUR
Maker to KRW
1 MKR to ₩ 2,325,574.04 KRW
Maker to CAD
1 MKR to $ 2,308.5 CAD
Maker to AUD
1 MKR to $ 2,572.02 AUD
Maker to JPY
1 MKR to ¥ 251,534.43 JPY
Maker to BRL
1 MKR to R$ 9,785.15 BRL
Maker to CNY
1 MKR to ¥ 11,733.02 CNY
Maker to TWD
1 MKR to NT$ 52,464.57 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 Maker 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 Maker 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 Maker 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.
