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.
CELR to KES conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | Sh2.64 | 0.0003% / 0.0004%VIP | |
Binance | Sh2.64 | 0.1000% / 0.1000% | Yes |
OKX | Sh2.65 | 0.080% / 0.100% | Yes |
Gate.io | Sh2.64 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh2.64 | 0.1000% / 0.1000% | Yes |
How to buy Celer Network
Buy CELR (or USDT) for KES (Kenyan Shilling) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
C CathyOG 35 trades|Completion rate 95.00% | 130.13 KES | Amount771.55 USDT Limit1330 - 76000 KES | ||
C Chris_377 199 trades|Completion rate 96.00% | 130.14 KES | Amount42.16 USDT Limit1330 - 11400 KES | ||
A ARGUS .CO 136 trades|Completion rate 97.00% | 130.19 KES | Amount36.36 USDT Limit1330 - 7394.79 KES | ||
K KINGMWANGI 4 trades|Completion rate 100.00% | 130.5 KES | Amount13.46 USDT Limit1756.53 - 1756.53 KES | ||
K KENYA_FX 7 trades|Completion rate 100.00% | 131.4 KES | Amount1442.17 USDT Limit1330 - 189000 KES |
Sell CELR (or USDT) for KES (Kenyan Shilling) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
P PAEDY 5 trades|Completion rate 100.00% | 128.35 KES | Amount2930.72 USDT Limit5000 - 384450 KES | ||
C CathyOG 35 trades|Completion rate 95.00% | 128.32 KES | Amount39473.71 USDT Limit50000 - 100000 KES | ||
C Chris_377 199 trades|Completion rate 96.00% | 128.27 KES | Amount9707.16 USDT Limit1330 - 60000 KES | ||
B BGUSER-BL7KRNDQ 52 trades|Completion rate 96.00% | 128.21 KES | Amount19715.93 USDT Limit10000 - 1000000 KES | ||
B Brian_ray 2 trades|Completion rate 67.00% | 128.2 KES | Amount100000 USDT Limit50000 - 10000000 KES |
What factors influence the conversion rate of Celer Network to Kenyan Shilling?
Celer Network to Kenyan Shilling is falling this week.Conversion tables
The exchange rate of Celer Network is decreasing.CELR to KES
KES to CELR
Today vs. 24 hours ago
Amount | 19:17 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CELR | $0.01031 | $0.009894 | +4.22% |
1 CELR | $0.02062 | $0.01979 | +4.22% |
5 CELR | $0.1031 | $0.09894 | +4.22% |
10 CELR | $0.2062 | $0.1979 | +4.22% |
50 CELR | $1.03 | $0.9894 | +4.22% |
100 CELR | $2.06 | $1.98 | +4.22% |
500 CELR | $10.31 | $9.89 | +4.22% |
1000 CELR | $20.62 | $19.79 | +4.22% |
Today vs. 1 month ago
Amount | 19:17 today | 1 month ago | 1M change |
---|---|---|---|
0.5 CELR | $0.01031 | $0.01266 | -18.55% |
1 CELR | $0.02062 | $0.02533 | -18.55% |
5 CELR | $0.1031 | $0.1266 | -18.55% |
10 CELR | $0.2062 | $0.2533 | -18.55% |
50 CELR | $1.03 | $1.27 | -18.55% |
100 CELR | $2.06 | $2.53 | -18.55% |
500 CELR | $10.31 | $12.66 | -18.55% |
1000 CELR | $20.62 | $25.33 | -18.55% |
Today vs. 1 year ago
Amount | 19:17 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 CELR | $0.01031 | $0.007570 | +36.14% |
1 CELR | $0.02062 | $0.01514 | +36.14% |
5 CELR | $0.1031 | $0.07570 | +36.14% |
10 CELR | $0.2062 | $0.1514 | +36.14% |
50 CELR | $1.03 | $0.7570 | +36.14% |
100 CELR | $2.06 | $1.51 | +36.14% |
500 CELR | $10.31 | $7.57 | +36.14% |
1000 CELR | $20.62 | $15.14 | +36.14% |
Celer Network price prediction
What will the price of CELR be in 2025?
What will the price of CELR be in 2030?
Other crypto price predictions
Convert popular cryptocurrencies
Bitget Earn
APR
Purchase other cryptocurrencies with similar market cap
Popular Celer Network conversions
Popular cryptocurrencies to KES
Discover more cryptocurrencies
Latest coin listings on Bitget
FAQ
Buy Celer Network for 1 KES
A welcome pack worth 1000 USDT for new Bitgetters!