MTC
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 Matrix Chain(MTC) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MTC at a value of 1 MTC for 0.06 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 Matrix Chain currency pair is the MTC to KES, with for Matrix Chain's currency code being MTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
MTC to KES conversion rate trend
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In the past 1D, Matrix Chain has changed -1.45% to KES. Based on the trend and price charts, Matrix Chain(MTC) has changed -1.45% to KES while Kenyan Shilling(KES) has changed % to MTC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.05981 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 00:33:45(UTC+0)
How to buy Matrix Chain
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Buy Matrix Chain (MTC)
Use a variety of payment options to buy Matrix Chain on Bitget. We'll show you how.
Buy MTC (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of MTC with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MTC 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 MTC (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of MTC to KES. However, you can first exchange MTC 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 Matrix Chain to Kenyan Shilling?
Matrix Chain to Kenyan Shilling is falling this week.Matrix Chain's current market price is Sh 0.05973 per MTC, with a total market cap of Sh 0 KES based on a circulating supply of -- MTC. The trading volume of Matrix Chain has changed by +89.91% (Sh 47,467.66 KES) in the last 24 hours. Last trading day, MTC's trading volume was Sh 52,792.59.
Market cap
$0
24h volume
$774.38984058
Circulating supply
0 MTC
Conversion tables
The exchange rate of Matrix Chain is decreasing.1 MTC is currently valued at Sh 0.05973 KES , which means buying 5 MTC will cost Sh 0.2987 KES . Similarly, Sh1 KES can be traded for 16.74 MTC, and Sh50 KES can be converted to 837.03 MTC, excluding any platform or gas fees.
The exchange rate of 1 MTC to Kenyan Shilling has changed by -6.18% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.45%, reaching a high of 0.06064 KES and a low of 0.05973 KES . One month ago, the value of 1 MTC was Sh 0.1396 KES , which represents a -57.20% change from its current value. Over the last year, Matrix Chain has changed by , resulting in a change of -98.94% in its value.
+Sh
0.05973KESMTC to KES
Amount
02:42 am today
0.5 MTC
Sh0.02987
1 MTC
Sh0.05973
5 MTC
Sh0.2987
10 MTC
Sh0.5973
50 MTC
Sh2.99
100 MTC
Sh5.97
500 MTC
Sh29.87
1000 MTC
Sh59.73
KES to MTC
Amount02:42 am today
0.5KES8.37 MTC
1KES16.74 MTC
5KES83.7 MTC
10KES167.41 MTC
50KES837.03 MTC
100KES1,674.06 MTC
500KES8,370.31 MTC
1000KES16,740.63 MTC
Today vs. 24 hours ago
| Amount | 02:42 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MTC | $0.0002307 | $0.0002341 | -1.45% |
| 1 MTC | $0.0004614 | $0.0004681 | -1.45% |
| 5 MTC | $0.002307 | $0.002341 | -1.45% |
| 10 MTC | $0.004614 | $0.004681 | -1.45% |
| 50 MTC | $0.02307 | $0.02341 | -1.45% |
| 100 MTC | $0.04614 | $0.04681 | -1.45% |
| 500 MTC | $0.2307 | $0.2341 | -1.45% |
| 1000 MTC | $0.4614 | $0.4681 | -1.45% |
Today vs. 1 month ago
| Amount | 02:42 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MTC | $0.0002307 | $0.0005390 | -57.20% |
| 1 MTC | $0.0004614 | $0.001078 | -57.20% |
| 5 MTC | $0.002307 | $0.005390 | -57.20% |
| 10 MTC | $0.004614 | $0.01078 | -57.20% |
| 50 MTC | $0.02307 | $0.05390 | -57.20% |
| 100 MTC | $0.04614 | $0.1078 | -57.20% |
| 500 MTC | $0.2307 | $0.5390 | -57.20% |
| 1000 MTC | $0.4614 | $1.08 | -57.20% |
Today vs. 1 year ago
| Amount | 02:42 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MTC | $0.0002307 | $0.00 | -98.94% |
| 1 MTC | $0.0004614 | $0.00 | -98.94% |
| 5 MTC | $0.002307 | $0.00 | -98.94% |
| 10 MTC | $0.004614 | $0.00 | -98.94% |
| 50 MTC | $0.02307 | $0.00 | -98.94% |
| 100 MTC | $0.04614 | $0.00 | -98.94% |
| 500 MTC | $0.2307 | $0.00 | -98.94% |
| 1000 MTC | $0.4614 | $0.00 | -98.94% |
Matrix Chain price prediction
What will the price of MTC be in 2025?
Based on MTC's historical price performance prediction model, the price of MTC is projected to reach $0.004832 in 2025.
What will the price of MTC be in 2030?
In 2030, the MTC price is expected to change by -10.00%. By the end of 2030, the MTC price is projected to reach $0.008209, with a cumulative ROI of +1661.60%.
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Popular Matrix Chain conversions
Check out these popular currency conversions of Matrix Chain to several fiat currencies.
Matrix Chain to USD
1 MTC to $ 0.0004614 USD
Matrix Chain to GBP
1 MTC to £ 0.0003663 GBP
Matrix Chain to EUR
1 MTC to € 0.0004402 EUR
Matrix Chain to KRW
1 MTC to ₩ 0.6480 KRW
Matrix Chain to CAD
1 MTC to $ 0.0006429 CAD
Matrix Chain to AUD
1 MTC to $ 0.0007049 AUD
Matrix Chain to JPY
1 MTC to ¥ 0.07115 JPY
Matrix Chain to BRL
1 MTC to R$ 0.002679 BRL
Matrix Chain to CNY
1 MTC to ¥ 0.003345 CNY
Matrix Chain to TWD
1 MTC to NT$ 0.01503 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Matrix Chain.
Bitcoin to KES
1 BTC to Sh 12,629,885.24 KES
MAD to KES
1 MAD to Sh 0.004963 KES
XRP to KES
1 XRP to Sh 180.09 KES
Stellar to KES
1 XLM to Sh 67.29 KES
Kusama to KES
1 KSM to Sh 5,001.93 KES
Dogecoin to KES
1 DOGE to Sh 54.49 KES
Hedera to KES
1 HBAR to Sh 18.38 KES
Cardano to KES
1 ADA to Sh 128.73 KES
Polkadot to KES
1 DOT to Sh 1,108.24 KES
Solana to KES
1 SOL to Sh 32,503.77 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 Matrix Chain 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 Matrix Chain 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 Matrix Chain 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.
