BAKENEKO to KES Converter and calculator


Conversion rates
Convert BAKENEKO to KES
Convert KES to BAKENEKO
BAKENEKO to KES chart
BAKENEKO to KES conversion data: Volatility and price changes of BAKENEKO in KES
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{5}3326 KES | 0.{5}3673 KES | 0.{5}5594 KES | 0.{5}5594 KES |
Low | 0.{5}3052 KES | 0.{5}3052 KES | 0.{5}1391 KES | 0.{6}1107 KES |
Average | 0 KES | 0 KES | 0 KES | 0 KES |
Volatility | % | % | % | % |
Change | +8.97% | -7.70% | +147.07% | +39.44% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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BAKENEKO information
BAKENEKO to KES market statistics
Current BAKENEKO to KES exchange rate
BAKENEKO to Kenyan Shilling is falling this week.More info about BAKENEKO 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.
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BAKENEKO to KES Conversion tables
Amount | 03:02 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BAKENEKO | KSh0.{5}1663 | KSh0.{5}1526 | +8.97% |
1 BAKENEKO | KSh0.{5}3326 | KSh0.{5}3052 | +8.97% |
5 BAKENEKO | KSh0.{4}1663 | KSh0.{4}1526 | +8.97% |
10 BAKENEKO | KSh0.{4}3326 | KSh0.{4}3052 | +8.97% |
50 BAKENEKO | KSh0.0001663 | KSh0.0001526 | +8.97% |
100 BAKENEKO | KSh0.0003326 | KSh0.0003052 | +8.97% |
500 BAKENEKO | KSh0.001663 | KSh0.001526 | +8.97% |
1000 BAKENEKO | KSh0.003326 | KSh0.003052 | +8.97% |
BAKENEKO to KES FAQ
What factors influence the conversion rate of BAKENEKO to KES?
Popular exchange rates — Crypto-to-Fiat converter
The price of BAKENEKO in the US is $0.{7}2568 USD. Additionally, BAKENEKO’s price is €0.{7}2166 EUR in the eurozone, £0.{7}1882 GBP in the UK, C$0.{7}3529 CAD in Canada, ₹0.{5}2257 INR in India, ₨0.{5}7257 PKR in Pakistan, R$0.{6}1360 BRL in Brazil, and more.
The most popular BAKENEKO currency pair is the BAKENEKO to Kenyan Shilling(KES). The price of 1 BAKENEKO (BAKENEKO) in Kenyan Shilling (KES) is KSh0.{5}3326.
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