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Immutable to Kenyan Shilling Converter and calculator

Convert 1Immutable (IMX) to Kenyan Shilling (KES) equals Sh 238.18 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Immutable(IMX) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 IMX at a value of 1 IMX for 238.18 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Immutable currency pair is the IMX to KES, with for Immutable's currency code being IMX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

IMX to KES conversion rate trend

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In the past 1D, Immutable has changed -5.62% to KES. Based on the trend and price charts, Immutable(IMX) has changed -5.62% to KES while Kenyan Shilling(KES) has changed % to IMX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh238.18
0.0003% / 0.0004%vip-iconVIP
Binance
Sh238.03
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh237.88
0.1000% / 0.1000%
Yes
OKX
Sh238.15
0.080% / 0.100%
Yes
Huobi
Sh238.08
0.1000% / 0.1000%
Yes
Gate.io
Sh238.33
0.1000% / 0.1000%
Yes
Bybit
Sh238.03
0.1000% / 0.1000%
Yes
KuCoin
Sh238.25
0.1000% / 0.1000%
Yes
Last updated 2024/06/12 00:00:21(UTC+0)

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What factors influence the conversion rate of Immutable to Kenyan Shilling?

Immutable to Kenyan Shilling is falling this week.
Immutable's current market price is Sh 238.18 per IMX, with a total market cap of Sh 353,058,971,511.97 KES based on a circulating supply of 1,482,345,500 IMX. The trading volume of Immutable has changed by +3.98% (Sh 665,352,879.22 KES) in the last 24 hours. Last trading day, IMX's trading volume was Sh 16,716,568,996.97.
Market cap
$2.71B
24h volume
$133.61M
Circulating supply
1.48B IMX

Conversion tables

The exchange rate of Immutable is decreasing.
1 IMX is currently valued at Sh 238.18 KES , which means buying 5 IMX will cost Sh 1,190.88 KES . Similarly, Sh1 KES can be traded for 0.004199 IMX, and Sh50 KES can be converted to 0.2099 IMX, excluding any platform or gas fees.
The exchange rate of 1 IMX to Kenyan Shilling has changed by -11.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.62%, reaching a high of 377.92 KES and a low of 340.77 KES . One month ago, the value of 1 IMX was Sh 319.94 KES , which represents a -19.04% change from its current value. Over the last year, Immutable has changed by
+Sh
81.98KES
, resulting in a change of +156.46% in its value.

IMX to KES

Amount
00:38 am today
0.5 IMX
Sh119.09
1 IMX
Sh238.18
5 IMX
Sh1,190.88
10 IMX
Sh2,381.76
50 IMX
Sh11,908.8
100 IMX
Sh23,817.59
500 IMX
Sh119,087.95
1000 IMX
Sh238,175.91

KES to IMX

Amount00:38 am today
0.5KES0.002099  IMX
1KES0.004199  IMX
5KES0.02099  IMX
10KES0.04199  IMX
50KES0.2099  IMX
100KES0.4199  IMX
500KES2.1  IMX
1000KES4.2  IMX
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Today vs. 24 hours ago

Amount00:38 am today24 hours ago24h change
0.5 IMX$0.9154$0.9949
-5.62%
1 IMX$1.83$1.99
-5.62%
5 IMX$9.15$9.95
-5.62%
10 IMX$18.31$19.9
-5.62%
50 IMX$91.54$99.49
-5.62%
100 IMX$183.08$198.99
-5.62%
500 IMX$915.4$994.94
-5.62%
1000 IMX$1,830.8$1,989.88
-5.62%

Today vs. 1 month ago

Amount00:38 am today1 month ago1M change
0.5 IMX$0.9154$1.23
-19.04%
1 IMX$1.83$2.46
-19.04%
5 IMX$9.15$12.3
-19.04%
10 IMX$18.31$24.59
-19.04%
50 IMX$91.54$122.97
-19.04%
100 IMX$183.08$245.93
-19.04%
500 IMX$915.4$1,229.67
-19.04%
1000 IMX$1,830.8$2,459.33
-19.04%
Buy Immutable for 1 KES
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Today vs. 1 year ago

Amount00:38 am today1 year ago1Y change
0.5 IMX$0.9154$0.1003
+156.46%
1 IMX$1.83$0.2006
+156.46%
5 IMX$9.15$1
+156.46%
10 IMX$18.31$2.01
+156.46%
50 IMX$91.54$10.03
+156.46%
100 IMX$183.08$20.06
+156.46%
500 IMX$915.4$100.32
+156.46%
1000 IMX$1,830.8$200.65
+156.46%

Immutable price prediction

What will the price of IMX be in 2025?

Based on IMX's historical price performance prediction model, the price of IMX is projected to reach $3.06 in 2025.

What will the price of IMX be in 2030?

In 2030, the IMX price is expected to rise by -17.00%. By the end of 2030, the IMX price is projected to reach $3.73, with a cumulative ROI of +103.52%.
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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 Immutable 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 Immutable 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 Immutable 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.

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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.