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MATRIX to KES Converter and calculator

MATRIX/KES: 1 MATRIX = 0.06412 KES. The price of converting 1 Matrix Labs (MATRIX) to Kenyan Shilling (KES) is 0.06412 KES today.
MATRIX
MATRIX
KES
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MATRIX to KES real-time exchange rates, making it easy to convert Matrix Labs (MATRIX) to Kenyan Shilling (KES). The conversion result is based on real-time data. The conversion result shows that 1 MATRIX is currently valued at 0.06 KES. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MATRIX is currently valued at 0.06 KES, which means buying 5 MATRIX would cost 0.32 KES. Similarly, Sh1 KES can be converted to 15.6 MATRIX, and Sh50 KES can be converted to 77.98 MATRIX, excluding any platform or gas fees.

Convert MATRIX to KES

Convert KES to MATRIX

Matrix Labs
Kenyan Shilling
1 MATRIX
0.06412  KES
10 MATRIX
0.6412  KES
200 MATRIX
12.82  KES
500 MATRIX
32.06  KES
1000 MATRIX
64.12  KES
5000 MATRIX
320.58  KES
10000 MATRIX
641.16  KES
In the table above, you'll find a comprehensive MATRIX to KES converter that shows the value of Matrix Labs in Kenyan Shilling across commonly used conversion amounts. The list covers conversions from 1 MATRIX to KES, all the way up to 10000 MATRIX, providing a clear view of their respective values.
Kenyan Shilling
Matrix Labs
100 KES
1,559.68 MATRIX
200 KES
3,119.35 MATRIX
500 KES
7,798.39 MATRIX
1000 KES
15,596.77 MATRIX
2000 KES
31,193.54 MATRIX
5000 KES
77,983.86 MATRIX
10000 KES
155,967.71 MATRIX
50000 KES
779,838.57 MATRIX
100000 KES
1,559,677.15 MATRIX
In the table above, you'll find a comprehensive KES to MATRIX converter that shows the value of Kenyan Shilling in Matrix Labs across commonly used conversion amounts. The list covers conversions from 1 KES to MATRIX, all the way up to 100000 KES, providing a clear view of their respective values.

MATRIX to KES chart

MATRIX/KES: 1 MATRIX = 0.06412 KES; 2025/05/02 12:37:36
In the past 1D, Matrix Labs has changed +2.31% to KES. Based on the trend and price charts, Matrix Labs(MATRIX) has changed +2.31% to KES while Kenyan Shilling(KES) has changed % to MATRIX in the last 24 hours.
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MATRIX to KES conversion data: Volatility and price changes of Matrix Labs in KES

The highest Matrix Labs price in KES over the past 7 days was 0.06412 KES while the lowest Matrix Labs price in KES over the past 7 days was 0.06245 KES. The relative change between the highs and lows in Matrix Labs price in KES over the last 7 days indicates a volatility of %. You can view additional volatility data and MATRIX 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
0.06412 KES
0.06412 KES
0.06412 KES
0.1028 KES
Low
0.06267 KES
0.06245 KES
0.05001 KES
0.05001 KES
Average
0 KES
0 KES
0 KES
0 KES
Volatility
%
%
%
%
Change
+2.31%
+2.71%
-3.92%
-37.63%

Matrix Labs information

MATRIX to KES market statistics

MATRIX/KES:
Sh0.06412
MATRIX 24h volume:
--
MATRIX market cap:
--
MATRIX circulating supply:
0 MATRIX

Current MATRIX to KES exchange rate

Matrix Labs to Kenyan Shilling is rising this week.
Matrix Labs's current market price is Sh0.06412 per MATRIX, with a total market cap of Sh0 KES based on a circulating supply of -- MATRIX. The trading volume of Matrix Labs has changed by 0.00% (Sh0 KES) in the last 24 hours. Last trading day, MATRIX's trading volume was Sh0.

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

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How to convert MATRIX to KES

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MATRIX to KES Conversion tables

The exchange rate of Matrix Labs is decreasing.
The exchange rate of 1 MATRIX to Kenyan Shilling has changed by +2.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.31%, reaching a high of 0.06412 KES and a low of 0.06267 KES . One month ago, the value of 1 MATRIX was Sh0.06673 KES , which represents a -3.92% change from its current value. Over the last year, Matrix Labs has changed by
-Sh
0.06707KES
, resulting in a change of -51.13% in its value.
24 hours ago1 month ago1 year ago
Amount12:37 today24 hours ago24h change
0.5 MATRIXSh0.03206Sh0.03133
+2.31%
1 MATRIXSh0.06412Sh0.06267
+2.31%
5 MATRIXSh0.3206Sh0.3133
+2.31%
10 MATRIXSh0.6412Sh0.6267
+2.31%
50 MATRIXSh3.21Sh3.13
+2.31%
100 MATRIXSh6.41Sh6.27
+2.31%
500 MATRIXSh32.06Sh31.33
+2.31%
1000 MATRIXSh64.12Sh62.67
+2.31%

MATRIX to KES FAQ

How much is 1 Matrix Labs in KES?
Right now, the price of 1 Matrix Labs (MATRIX) in Kenyan Shilling (KES) is Sh0.06412.
How much MATRIX can I buy for 1 KES?
Based on the current exchange rate, you can get 15.6 MATRIX for 1 KES.
How do I calculate or convert MATRIX to KES?
You can use our MATRIX to KES calculator at the top of this page to convert any amount of MATRIX to KES. We've also included quick-reference tables for the most popular conversions. For example, 5 KES is equivalent to 77.98 MATRIX, while 5 MATRIX will cost around 0.3206KES.
What is the highest price of MATRIX/KES in history?
The all-time high price of 1 MATRIX in KES is Sh506.18. It remains to be seen if the value of 1 MATRIX/KES will exceed the current all-time high.
What is the price trend of Matrix Labs in KES?
Over the past 7 days, the exchange rate of Matrix Labs (MATRIX) has gone up by 2.71%.   Over the last month, the exchange rate of Matrix Labs (MATRIX) has gone down by 3.92% against Kenyan Shilling (KES).

What factors influence the conversion rate of MATRIX to KES?

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

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