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MAG to KES Converter and calculator

MAG/KES: 1 MAG = 0.00 KES. The price of converting 1 Magnate Finance (MAG) to Kenyan Shilling (KES) is 0.00 KES today.
MAG
MAG
KES
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAG to KES real-time exchange rates, making it easy to convert Magnate Finance (MAG) to Kenyan Shilling (KES). The conversion result is based on real-time data. The conversion result shows that 1 MAG is currently valued at 0 KES. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAG is currently valued at 0 KES, which means buying 5 MAG would cost 0 KES. Similarly, Sh1 KES can be converted to Infinity MAG, and Sh50 KES can be converted to Infinity MAG, excluding any platform or gas fees.

Convert MAG to KES

Convert KES to MAG

Magnate Finance
Kenyan Shilling
In the table above, you'll find a comprehensive MAG to KES converter that shows the value of Magnate Finance in Kenyan Shilling across commonly used conversion amounts. The list covers conversions from 1 MAG to KES, all the way up to 10000 MAG, providing a clear view of their respective values.
Kenyan Shilling
Magnate Finance
100000 KES
Infinity MAG
In the table above, you'll find a comprehensive KES to MAG converter that shows the value of Kenyan Shilling in Magnate Finance across commonly used conversion amounts. The list covers conversions from 1 KES to MAG, all the way up to 100000 KES, providing a clear view of their respective values.

MAG to KES chart

MAG/KES: 1 MAG = 0 KES; 2025/04/27 00:16:55
In the past 1D, Magnate Finance has changed +4.31% to KES. Based on the trend and price charts, Magnate Finance(MAG) has changed +4.31% to KES while Kenyan Shilling(KES) has changed % to MAG in the last 24 hours.
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MAG to KES conversion data: Volatility and price changes of Magnate Finance in KES

The highest Magnate Finance price in KES over the past 7 days was 0.005968 KES while the lowest Magnate Finance price in KES over the past 7 days was 0.005722 KES. The relative change between the highs and lows in Magnate Finance price in KES over the last 7 days indicates a volatility of %. You can view additional volatility data and MAG to KES prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.005968 KES
0.005968 KES
0.007972 KES
0.01084 KES
Low
0.005968 KES
0.005722 KES
0.005378 KES
0.005378 KES
Average
0 KES
0 KES
0 KES
0 KES
Volatility
%
%
%
%
Change
+4.31%
+9.26%
-25.14%
-39.84%

Magnate Finance information

MAG to KES market statistics

MAG/KES:
--
MAG 24h volume:
--
MAG market cap:
--
MAG circulating supply:
0 MAG

Current MAG to KES exchange rate

Magnate Finance to Kenyan Shilling is rising this week.
Magnate Finance's current market price is Sh0 per MAG, with a total market cap of Sh0 KES based on a circulating supply of -- MAG. The trading volume of Magnate Finance has changed by 0.00% (Sh0 KES) in the last 24 hours. Last trading day, MAG's trading volume was Sh0.

More info about Magnate Finance on Bitget

Kenyan Shilling 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 Magnate Finance currency pair is the MAG to KES, with for Magnate Finance's currency code being MAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

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How to convert MAG to KES

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Convert MAG to KES
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Bitget P2P trading does not currently support direct buying of MAG with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MAG with USDT via Bitget spot market.
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MAG to KES Conversion tables

The exchange rate of Magnate Finance is decreasing.
The exchange rate of 1 MAG to Kenyan Shilling has changed by +9.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.31%, reaching a high of 0.005968 KES and a low of 0.005968 KES . One month ago, the value of 1 MAG was Sh0.002004 KES , which represents a -25.14% change from its current value. Over the last year, Magnate Finance has changed by
-Sh
0.005582KES
, resulting in a change of -48.33% in its value.
24 hours ago1 month ago1 year ago
Amount00:16 am today24 hours ago24h change
0.5 MAGSh0Sh-0.0001232
+4.31%
1 MAGSh0Sh-0.0002464
+4.31%
5 MAGSh0Sh-0.001232
+4.31%
10 MAGSh0Sh-0.002464
+4.31%
50 MAGSh0Sh-0.01232
+4.31%
100 MAGSh0Sh-0.02464
+4.31%
500 MAGSh0Sh-0.1232
+4.31%
1000 MAGSh0Sh-0.2464
+4.31%

MAG to KES FAQ

How much is 1 Magnate Finance in KES?
Right now, the price of 1 Magnate Finance (MAG) in Kenyan Shilling (KES) is Sh0.
How much MAG can I buy for 1 KES?
Based on the current exchange rate, you can get Infinity MAG for 1 KES.
How do I calculate or convert MAG to KES?
You can use our MAG to KES calculator at the top of this page to convert any amount of MAG to KES. We've also included quick-reference tables for the most popular conversions. For example, 5 KES is equivalent to Infinity MAG, while 5 MAG will cost around 0.00KES.
What is the highest price of MAG/KES in history?
The all-time high price of 1 MAG in KES is Sh10,327.25. It remains to be seen if the value of 1 MAG/KES will exceed the current all-time high.
What is the price trend of Magnate Finance in KES?
Over the past 7 days, the exchange rate of Magnate Finance (MAG) has gone up by 9.26%.   Over the last month, the exchange rate of Magnate Finance (MAG) has gone down by 25.14% against Kenyan Shilling (KES).

What factors influence the conversion rate of MAG to KES?

There are many factors that affect the relationship between Magnate Finance and Kenyan Shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MAG/KES. When there is positive news in the market about the widespread adoption of MAG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAG/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAG/KES.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MAG/KES. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Magnate Finance and adjust their investment strategies accordingly in the evolving market.

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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.