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Nelore Coin to Kenyan Shilling Converter and calculator

Convert 1Nelore Coin (NLC) to Kenyan Shilling (KES) equals Sh 0.04211 | 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 Nelore Coin(NLC) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 NLC at a value of 1 NLC for 0.04 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 Nelore Coin currency pair is the NLC to KES, with for Nelore Coin's currency code being NLC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

NLC to KES conversion rate trend

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In the past 1D, Nelore Coin has changed -5.57% to KES. Based on the trend and price charts, Nelore Coin(NLC) has changed -5.57% to KES while Kenyan Shilling(KES) has changed % to NLC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh0.04279
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
Sh0.04199
0.1000% / 0.1000%
Yes
Last updated 2024/11/24 16:00:14(UTC+0)

How to buy Nelore Coin

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Nelore Coin (NLC)
Use a variety of payment options to buy Nelore Coin on Bitget. We'll show you how.

Buy NLC (or USDT) for KES (Kenyan Shilling) offers

Bitget P2P trading does not currently support direct buying of NLC with KES. However, you can buy USDT in Bitget P2P trading first, and then buy NLC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell NLC (or USDT) for KES (Kenyan Shilling) offers

Bitget P2P trading currently does not support direct selling of NLC to KES. However, you can first exchange NLC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Nelore Coin to Kenyan Shilling?

Nelore Coin to Kenyan Shilling is falling this week.
Nelore Coin's current market price is Sh 0.04211 per NLC, with a total market cap of Sh 0 KES based on a circulating supply of -- NLC. The trading volume of Nelore Coin has changed by -4.09% (Sh -1,486,140.23 KES) in the last 24 hours. Last trading day, NLC's trading volume was Sh 36,302,218.6.
Market cap
$0
24h volume
$268.90K
Circulating supply
0 NLC

Conversion tables

The exchange rate of Nelore Coin is decreasing.
1 NLC is currently valued at Sh 0.04211 KES , which means buying 5 NLC will cost Sh 0.2105 KES . Similarly, Sh1 KES can be traded for 23.75 NLC, and Sh50 KES can be converted to 1,187.41 NLC, excluding any platform or gas fees.
The exchange rate of 1 NLC to Kenyan Shilling has changed by -14.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.57%, reaching a high of 0.04459 KES and a low of 0.04211 KES . One month ago, the value of 1 NLC was Sh 0.07023 KES , which represents a -40.04% change from its current value. Over the last year, Nelore Coin has changed by
-Sh
1.29KES
, resulting in a change of -96.85% in its value.

NLC to KES

Amount
22:52 today
0.5 NLC
Sh0.02105
1 NLC
Sh0.04211
5 NLC
Sh0.2105
10 NLC
Sh0.4211
50 NLC
Sh2.11
100 NLC
Sh4.21
500 NLC
Sh21.05
1000 NLC
Sh42.11

KES to NLC

Amount22:52 today
0.5KES11.87  NLC
1KES23.75  NLC
5KES118.74  NLC
10KES237.48  NLC
50KES1,187.41  NLC
100KES2,374.82  NLC
500KES11,874.12  NLC
1000KES23,748.24  NLC

Today vs. 24 hours ago

Amount22:52 today24 hours ago24h change
0.5 NLC$0.0001626$0.0001722
-5.57%
1 NLC$0.0003252$0.0003444
-5.57%
5 NLC$0.001626$0.001722
-5.57%
10 NLC$0.003252$0.003444
-5.57%
50 NLC$0.01626$0.01722
-5.57%
100 NLC$0.03252$0.03444
-5.57%
500 NLC$0.1626$0.1722
-5.57%
1000 NLC$0.3252$0.3444
-5.57%

Today vs. 1 month ago

Amount22:52 today1 month ago1M change
0.5 NLC$0.0001626$0.0002712
-40.04%
1 NLC$0.0003252$0.0005424
-40.04%
5 NLC$0.001626$0.002712
-40.04%
10 NLC$0.003252$0.005424
-40.04%
50 NLC$0.01626$0.02712
-40.04%
100 NLC$0.03252$0.05424
-40.04%
500 NLC$0.1626$0.2712
-40.04%
1000 NLC$0.3252$0.5424
-40.04%

Today vs. 1 year ago

Amount22:52 today1 year ago1Y change
0.5 NLC$0.0001626$0.005156
-96.85%
1 NLC$0.0003252$0.01031
-96.85%
5 NLC$0.001626$0.05156
-96.85%
10 NLC$0.003252$0.1031
-96.85%
50 NLC$0.01626$0.5156
-96.85%
100 NLC$0.03252$1.03
-96.85%
500 NLC$0.1626$5.16
-96.85%
1000 NLC$0.3252$10.31
-96.85%

Nelore Coin price prediction

What will the price of NLC be in 2025?

Based on NLC's historical price performance prediction model, the price of NLC is projected to reach $0.0009751 in 2025.

What will the price of NLC be in 2030?

In 2030, the NLC price is expected to change by -11.00%. By the end of 2030, the NLC price is projected to reach $0.001032, with a cumulative ROI of +199.77%.

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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 Nelore Coin 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 Nelore Coin 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 Nelore Coin 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.