AXEL
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 AXEL(AXEL) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 AXEL at a value of 1 AXEL for 15.12 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 AXEL currency pair is the AXEL to KES, with for AXEL's currency code being AXEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
AXEL to KES conversion rate trend
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In the past 1D, AXEL has changed +7.69% to KES. Based on the trend and price charts, AXEL(AXEL) has changed +7.69% to KES while Kenyan Shilling(KES) has changed % to AXEL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh14.52 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/28 00:30:28(UTC+0)
How to buy AXEL
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy AXEL (AXEL)
Use a variety of payment options to buy AXEL on Bitget. We'll show you how.
Buy AXEL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of AXEL with KES. However, you can buy USDT in Bitget P2P trading first, and then buy AXEL with USDT via Bitget spot market.
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Sell AXEL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of AXEL to KES. However, you can first exchange AXEL 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 AXEL to Kenyan Shilling?
AXEL to Kenyan Shilling is rising this week.AXEL's current market price is Sh 15.12 per AXEL, with a total market cap of Sh 4,279,479,933.23 KES based on a circulating supply of 283,102,720 AXEL. The trading volume of AXEL has changed by +33.76% (Sh 316,571.19 KES) in the last 24 hours. Last trading day, AXEL's trading volume was Sh 937,702.54.
Market cap
$33.05M
24h volume
$9.69K
Circulating supply
283.10M AXEL
Conversion tables
The exchange rate of AXEL is increasing.1 AXEL is currently valued at Sh 15.12 KES , which means buying 5 AXEL will cost Sh 75.58 KES . Similarly, Sh1 KES can be traded for 0.06615 AXEL, and Sh50 KES can be converted to 3.31 AXEL, excluding any platform or gas fees.
The exchange rate of 1 AXEL to Kenyan Shilling has changed by +12.35% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.69%, reaching a high of 15.33 KES and a low of 13.92 KES . One month ago, the value of 1 AXEL was Sh 9.55 KES , which represents a +58.34% change from its current value. Over the last year, AXEL has changed by , resulting in a change of -21.62% in its value.
-Sh
4.17KESAXEL to KES
Amount
04:01 am today
0.5 AXEL
Sh7.56
1 AXEL
Sh15.12
5 AXEL
Sh75.58
10 AXEL
Sh151.16
50 AXEL
Sh755.82
100 AXEL
Sh1,511.64
500 AXEL
Sh7,558.18
1000 AXEL
Sh15,116.35
KES to AXEL
Amount04:01 am today
0.5KES0.03308 AXEL
1KES0.06615 AXEL
5KES0.3308 AXEL
10KES0.6615 AXEL
50KES3.31 AXEL
100KES6.62 AXEL
500KES33.08 AXEL
1000KES66.15 AXEL
Today vs. 24 hours ago
| Amount | 04:01 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 AXEL | $0.05836 | $0.05420 | +7.69% |
| 1 AXEL | $0.1167 | $0.1084 | +7.69% |
| 5 AXEL | $0.5836 | $0.5420 | +7.69% |
| 10 AXEL | $1.17 | $1.08 | +7.69% |
| 50 AXEL | $5.84 | $5.42 | +7.69% |
| 100 AXEL | $11.67 | $10.84 | +7.69% |
| 500 AXEL | $58.36 | $54.2 | +7.69% |
| 1000 AXEL | $116.73 | $108.39 | +7.69% |
Today vs. 1 month ago
| Amount | 04:01 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 AXEL | $0.05836 | $0.03686 | +58.34% |
| 1 AXEL | $0.1167 | $0.07372 | +58.34% |
| 5 AXEL | $0.5836 | $0.3686 | +58.34% |
| 10 AXEL | $1.17 | $0.7372 | +58.34% |
| 50 AXEL | $5.84 | $3.69 | +58.34% |
| 100 AXEL | $11.67 | $7.37 | +58.34% |
| 500 AXEL | $58.36 | $36.86 | +58.34% |
| 1000 AXEL | $116.73 | $73.72 | +58.34% |
Today vs. 1 year ago
| Amount | 04:01 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 AXEL | $0.05836 | $0.07446 | -21.62% |
| 1 AXEL | $0.1167 | $0.1489 | -21.62% |
| 5 AXEL | $0.5836 | $0.7446 | -21.62% |
| 10 AXEL | $1.17 | $1.49 | -21.62% |
| 50 AXEL | $5.84 | $7.45 | -21.62% |
| 100 AXEL | $11.67 | $14.89 | -21.62% |
| 500 AXEL | $58.36 | $74.46 | -21.62% |
| 1000 AXEL | $116.73 | $148.92 | -21.62% |
AXEL price prediction
What will the price of AXEL be in 2025?
Based on AXEL's historical price performance prediction model, the price of AXEL is projected to reach $0.1564 in 2025.
What will the price of AXEL be in 2030?
In 2030, the AXEL price is expected to change by -9.00%. By the end of 2030, the AXEL price is projected to reach $0.4140, with a cumulative ROI of +272.54%.
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Popular AXEL conversions
Check out these popular currency conversions of AXEL to several fiat currencies.
AXEL to USD
1 AXEL to $ 0.1167 USD
AXEL to GBP
1 AXEL to £ 0.09216 GBP
AXEL to EUR
1 AXEL to € 0.1106 EUR
AXEL to KRW
1 AXEL to ₩ 162.89 KRW
AXEL to CAD
1 AXEL to $ 0.1637 CAD
AXEL to AUD
1 AXEL to $ 0.1797 AUD
AXEL to JPY
1 AXEL to ¥ 17.7 JPY
AXEL to BRL
1 AXEL to R$ 0.6931 BRL
AXEL to CNY
1 AXEL to ¥ 0.8465 CNY
AXEL to TWD
1 AXEL to NT$ 3.79 TWD
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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 AXEL 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 AXEL 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 AXEL 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.
