RED
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 Red The Mal(RED) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 RED at a value of 1 RED for 0.34 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 Red The Mal currency pair is the RED to KES, with for Red The Mal's currency code being RED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
RED to KES conversion rate trend
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In the past 1D, Red The Mal has changed -1.99% to KES. Based on the trend and price charts, Red The Mal(RED) has changed -1.99% to KES while Kenyan Shilling(KES) has changed % to RED in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.3454 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/22 16:33:37(UTC+0)
How to buy Red The Mal
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Red The Mal (RED)
Use a variety of payment options to buy Red The Mal on Bitget. We'll show you how.
Buy RED (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of RED with KES. However, you can buy USDT in Bitget P2P trading first, and then buy RED 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 RED (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of RED to KES. However, you can first exchange RED 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 Red The Mal to Kenyan Shilling?
Red The Mal to Kenyan Shilling is falling this week.Red The Mal's current market price is Sh 0.3411 per RED, with a total market cap of Sh 0 KES based on a circulating supply of -- RED. The trading volume of Red The Mal has changed by -26.36% (Sh -61,560.93 KES) in the last 24 hours. Last trading day, RED's trading volume was Sh 233,538.3.
Market cap
$0
24h volume
$1.33K
Circulating supply
0 RED
Conversion tables
The exchange rate of Red The Mal is increasing.1 RED is currently valued at Sh 0.3411 KES , which means buying 5 RED will cost Sh 1.71 KES . Similarly, Sh1 KES can be traded for 2.93 RED, and Sh50 KES can be converted to 146.6 RED, excluding any platform or gas fees.
The exchange rate of 1 RED to Kenyan Shilling has changed by -8.18% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.99%, reaching a high of 0.3562 KES and a low of 0.3411 KES . One month ago, the value of 1 RED was Sh 0.3276 KES , which represents a +4.12% change from its current value. Over the last year, Red The Mal has changed by , resulting in a change of -91.85% in its value.
+Sh
0.3411KESRED to KES
Amount
18:23 today
0.5 RED
Sh0.1705
1 RED
Sh0.3411
5 RED
Sh1.71
10 RED
Sh3.41
50 RED
Sh17.05
100 RED
Sh34.11
500 RED
Sh170.53
1000 RED
Sh341.06
KES to RED
Amount18:23 today
0.5KES1.47 RED
1KES2.93 RED
5KES14.66 RED
10KES29.32 RED
50KES146.6 RED
100KES293.21 RED
500KES1,466.03 RED
1000KES2,932.06 RED
Today vs. 24 hours ago
| Amount | 18:23 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RED | $0.001317 | $0.001344 | -1.99% |
| 1 RED | $0.002634 | $0.002687 | -1.99% |
| 5 RED | $0.01317 | $0.01344 | -1.99% |
| 10 RED | $0.02634 | $0.02687 | -1.99% |
| 50 RED | $0.1317 | $0.1344 | -1.99% |
| 100 RED | $0.2634 | $0.2687 | -1.99% |
| 500 RED | $1.32 | $1.34 | -1.99% |
| 1000 RED | $2.63 | $2.69 | -1.99% |
Today vs. 1 month ago
| Amount | 18:23 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RED | $0.001317 | $0.001265 | +4.12% |
| 1 RED | $0.002634 | $0.002530 | +4.12% |
| 5 RED | $0.01317 | $0.01265 | +4.12% |
| 10 RED | $0.02634 | $0.02530 | +4.12% |
| 50 RED | $0.1317 | $0.1265 | +4.12% |
| 100 RED | $0.2634 | $0.2530 | +4.12% |
| 500 RED | $1.32 | $1.26 | +4.12% |
| 1000 RED | $2.63 | $2.53 | +4.12% |
Today vs. 1 year ago
| Amount | 18:23 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RED | $0.001317 | $0.00 | -91.85% |
| 1 RED | $0.002634 | $0.00 | -91.85% |
| 5 RED | $0.01317 | $0.00 | -91.85% |
| 10 RED | $0.02634 | $0.00 | -91.85% |
| 50 RED | $0.1317 | $0.00 | -91.85% |
| 100 RED | $0.2634 | $0.00 | -91.85% |
| 500 RED | $1.32 | $0.00 | -91.85% |
| 1000 RED | $2.63 | $0.00 | -91.85% |
Red The Mal price prediction
What will the price of RED be in 2025?
Based on RED's historical price performance prediction model, the price of RED is projected to reach $0.006881 in 2025.
What will the price of RED be in 2030?
In 2030, the RED price is expected to change by +6.00%. By the end of 2030, the RED price is projected to reach $0.01377, with a cumulative ROI of +472.22%.
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Popular Red The Mal conversions
Check out these popular currency conversions of Red The Mal to several fiat currencies.
Red The Mal to USD
1 RED to $ 0.002634 USD
Red The Mal to GBP
1 RED to £ 0.002103 GBP
Red The Mal to EUR
1 RED to € 0.002530 EUR
Red The Mal to KRW
1 RED to ₩ 3.7 KRW
Red The Mal to CAD
1 RED to $ 0.003682 CAD
Red The Mal to AUD
1 RED to $ 0.004059 AUD
Red The Mal to JPY
1 RED to ¥ 0.4078 JPY
Red The Mal to BRL
1 RED to R$ 0.01529 BRL
Red The Mal to CNY
1 RED to ¥ 0.01910 CNY
Red The Mal to TWD
1 RED to NT$ 0.08582 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Red The Mal.
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1 MAD to Sh 0.007726 KES
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1 BTC to Sh 12,833,898.07 KES
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1 TAI to Sh 27.49 KES
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1 EGO to Sh 2.43 KES
Just a chill guy to KES
1 CHILLGUY to Sh 51.62 KES
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1 SAI to Sh 4.51 KES
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1 XRP to Sh 188.49 KES
Stellar to KES
1 XLM to Sh 41.74 KES
Solana to KES
1 SOL to Sh 32,996.76 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 Red The Mal 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 Red The Mal 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 Red The Mal 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.
