XEM
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 NEM(XEM) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 XEM at a value of 1 XEM for 2.06 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 NEM currency pair is the XEM to KES, with for NEM's currency code being XEM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
XEM to KES conversion rate trend
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In the past 1D, NEM has changed -0.39% to KES. Based on the trend and price charts, NEM(XEM) has changed -0.39% to KES while Kenyan Shilling(KES) has changed % to XEM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh2.05 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh2.06 | 0.1000% / 0.1000% | Yes |
OKX | Sh1.76 | 0.080% / 0.100% | Yes |
Huobi | Sh2.04 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh2.05 | 0.1000% / 0.1000% | Yes |
Bybit | Sh2.05 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh2.05 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/02 08:00:21(UTC+0)
How to buy NEM
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy NEM (XEM)
Use a variety of payment options to buy NEM on Bitget. We'll show you how.
Learn MoreBuy XEM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of XEM with KES. However, you can buy USDT in Bitget P2P trading first, and then buy XEM 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 XEM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of XEM to KES. However, you can first exchange XEM 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 NEM to Kenyan Shilling?
NEM to Kenyan Shilling is falling this week.NEM's current market price is Sh 2.06 per XEM, with a total market cap of Sh 18,516,817,410.18 KES based on a circulating supply of 9,000,000,000 XEM. The trading volume of NEM has changed by -24.49% (Sh -84,506,521.36 KES) in the last 24 hours. Last trading day, XEM's trading volume was Sh 345,048,512.75.
Market cap
$143.54M
24h volume
$2.02M
Circulating supply
9.00B XEM
Conversion tables
The exchange rate of NEM is decreasing.1 XEM is currently valued at Sh 2.06 KES , which means buying 5 XEM will cost Sh 10.29 KES . Similarly, Sh1 KES can be traded for 0.4860 XEM, and Sh50 KES can be converted to 24.3 XEM, excluding any platform or gas fees.
The exchange rate of 1 XEM to Kenyan Shilling has changed by -1.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.39%, reaching a high of 2.1 KES and a low of 2.02 KES . One month ago, the value of 1 XEM was Sh 2.16 KES , which represents a -4.73% change from its current value. Over the last year, NEM has changed by , resulting in a change of -48.90% in its value.
-Sh
1.97KESXEM to KES
Amount
11:34 am today
0.5 XEM
Sh1.03
1 XEM
Sh2.06
5 XEM
Sh10.29
10 XEM
Sh20.57
50 XEM
Sh102.87
100 XEM
Sh205.74
500 XEM
Sh1,028.71
1000 XEM
Sh2,057.42
KES to XEM
Amount11:34 am today
0.5KES0.2430 XEM
1KES0.4860 XEM
5KES2.43 XEM
10KES4.86 XEM
50KES24.3 XEM
100KES48.6 XEM
500KES243.02 XEM
1000KES486.04 XEM
Today vs. 24 hours ago
| Amount | 11:34 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 XEM | $0.007975 | $0.008006 | -0.39% |
| 1 XEM | $0.01595 | $0.01601 | -0.39% |
| 5 XEM | $0.07975 | $0.08006 | -0.39% |
| 10 XEM | $0.1595 | $0.1601 | -0.39% |
| 50 XEM | $0.7975 | $0.8006 | -0.39% |
| 100 XEM | $1.59 | $1.6 | -0.39% |
| 500 XEM | $7.97 | $8.01 | -0.39% |
| 1000 XEM | $15.95 | $16.01 | -0.39% |
Today vs. 1 month ago
| Amount | 11:34 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 XEM | $0.007975 | $0.008370 | -4.73% |
| 1 XEM | $0.01595 | $0.01674 | -4.73% |
| 5 XEM | $0.07975 | $0.08370 | -4.73% |
| 10 XEM | $0.1595 | $0.1674 | -4.73% |
| 50 XEM | $0.7975 | $0.8370 | -4.73% |
| 100 XEM | $1.59 | $1.67 | -4.73% |
| 500 XEM | $7.97 | $8.37 | -4.73% |
| 1000 XEM | $15.95 | $16.74 | -4.73% |
Today vs. 1 year ago
| Amount | 11:34 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 XEM | $0.007975 | $0.01561 | -48.90% |
| 1 XEM | $0.01595 | $0.03121 | -48.90% |
| 5 XEM | $0.07975 | $0.1561 | -48.90% |
| 10 XEM | $0.1595 | $0.3121 | -48.90% |
| 50 XEM | $0.7975 | $1.56 | -48.90% |
| 100 XEM | $1.59 | $3.12 | -48.90% |
| 500 XEM | $7.97 | $15.61 | -48.90% |
| 1000 XEM | $15.95 | $31.21 | -48.90% |
NEM price prediction
What will the price of XEM be in 2025?
Based on XEM's historical price performance prediction model, the price of XEM is projected to reach $0.01872 in 2025.
What will the price of XEM be in 2030?
In 2030, the XEM price is expected to change by -13.00%. By the end of 2030, the XEM price is projected to reach $0.02228, with a cumulative ROI of +40.27%.
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Popular NEM conversions
Check out these popular currency conversions of NEM to several fiat currencies.
NEM to USD
1 XEM to $ 0.01595 USD
NEM to GBP
1 XEM to £ 0.01234 GBP
NEM to EUR
1 XEM to € 0.01467 EUR
NEM to KRW
1 XEM to ₩ 22.02 KRW
NEM to CAD
1 XEM to $ 0.02228 CAD
NEM to AUD
1 XEM to $ 0.02432 AUD
NEM to JPY
1 XEM to ¥ 2.44 JPY
NEM to BRL
1 XEM to R$ 0.09362 BRL
NEM to CNY
1 XEM to ¥ 0.1137 CNY
NEM to TWD
1 XEM to NT$ 0.5094 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in NEM.
Bitcoin to KES
1 BTC to Sh 8,978,770.23 KES
Grass to KES
1 GRASS to Sh -- KES
Solana to KES
1 SOL to Sh 21,449.91 KES
Sui to KES
1 SUI to Sh 250.18 KES
Dogecoin to KES
1 DOGE to Sh 20.66 KES
Ethereum to KES
1 ETH to Sh 322,710.7 KES
Pepe to KES
1 PEPE to Sh 0.001147 KES
Virtuals Protocol to KES
1 VIRTUAL to Sh 54.41 KES
Goatseus Maximus to KES
1 GOAT to Sh 63.52 KES
BNB to KES
1 BNB to Sh 74,052.31 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 NEM 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 NEM 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 NEM 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.
