VELO
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 Velodrome Finance(VELO) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 VELO at a value of 1 VELO for 15.86 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 Velodrome Finance currency pair is the VELO to KES, with for Velodrome Finance's currency code being VELO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
VELO to KES conversion rate trend
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In the past 1D, Velodrome Finance has changed +4.61% to KES. Based on the trend and price charts, Velodrome Finance(VELO) has changed +4.61% to KES while Kenyan Shilling(KES) has changed % to VELO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh16.41 | 0.0200% / 0.0320%  VIP 7 | |
OKX | Sh16.5 | 0.080% / 0.100% | Yes |
Gate.io | Sh16.39 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/28 00:00:22(UTC+0)
How to buy Velodrome Finance
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Velodrome Finance (VELO)
Use a variety of payment options to buy Velodrome Finance on Bitget. We'll show you how.
Learn MoreBuy VELO (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of VELO with KES. However, you can buy USDT in Bitget P2P trading first, and then buy VELO 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 VELO (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of VELO to KES. However, you can first exchange VELO 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 Velodrome Finance to Kenyan Shilling?
Velodrome Finance to Kenyan Shilling is rising this week.Velodrome Finance's current market price is Sh 15.86 per VELO, with a total market cap of Sh 13,533,604,696.65 KES based on a circulating supply of 853,435,260 VELO. The trading volume of Velodrome Finance has changed by -61.88% (Sh -1,333,870,390.49 KES) in the last 24 hours. Last trading day, VELO's trading volume was Sh 2,155,481,888.3.
Market cap
$104.81M
24h volume
$6.36M
Circulating supply
853.44M VELO
Conversion tables
The exchange rate of Velodrome Finance is increasing.1 VELO is currently valued at Sh 15.86 KES , which means buying 5 VELO will cost Sh 79.29 KES . Similarly, Sh1 KES can be traded for 0.06306 VELO, and Sh50 KES can be converted to 3.15 VELO, excluding any platform or gas fees.
The exchange rate of 1 VELO to Kenyan Shilling has changed by +47.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.61%, reaching a high of 16.57 KES and a low of 15.01 KES . One month ago, the value of 1 VELO was Sh 11.24 KES , which represents a +41.58% change from its current value. Over the last year, Velodrome Finance has changed by , resulting in a change of +163.35% in its value.
+Sh
9.75KESVELO to KES
Amount
04:17 am today
0.5 VELO
Sh7.93
1 VELO
Sh15.86
5 VELO
Sh79.29
10 VELO
Sh158.58
50 VELO
Sh792.89
100 VELO
Sh1,585.78
500 VELO
Sh7,928.9
1000 VELO
Sh15,857.8
KES to VELO
Amount04:17 am today
0.5KES0.03153 VELO
1KES0.06306 VELO
5KES0.3153 VELO
10KES0.6306 VELO
50KES3.15 VELO
100KES6.31 VELO
500KES31.53 VELO
1000KES63.06 VELO
Today vs. 24 hours ago
| Amount | 04:17 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VELO | $0.06141 | $0.05873 | +4.61% |
| 1 VELO | $0.1228 | $0.1175 | +4.61% |
| 5 VELO | $0.6141 | $0.5873 | +4.61% |
| 10 VELO | $1.23 | $1.17 | +4.61% |
| 50 VELO | $6.14 | $5.87 | +4.61% |
| 100 VELO | $12.28 | $11.75 | +4.61% |
| 500 VELO | $61.41 | $58.73 | +4.61% |
| 1000 VELO | $122.81 | $117.45 | +4.61% |
Today vs. 1 month ago
| Amount | 04:17 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VELO | $0.06141 | $0.04353 | +41.58% |
| 1 VELO | $0.1228 | $0.08706 | +41.58% |
| 5 VELO | $0.6141 | $0.4353 | +41.58% |
| 10 VELO | $1.23 | $0.8706 | +41.58% |
| 50 VELO | $6.14 | $4.35 | +41.58% |
| 100 VELO | $12.28 | $8.71 | +41.58% |
| 500 VELO | $61.41 | $43.53 | +41.58% |
| 1000 VELO | $122.81 | $87.06 | +41.58% |
Today vs. 1 year ago
| Amount | 04:17 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VELO | $0.06141 | $0.02365 | +163.35% |
| 1 VELO | $0.1228 | $0.04729 | +163.35% |
| 5 VELO | $0.6141 | $0.2365 | +163.35% |
| 10 VELO | $1.23 | $0.4729 | +163.35% |
| 50 VELO | $6.14 | $2.36 | +163.35% |
| 100 VELO | $12.28 | $4.73 | +163.35% |
| 500 VELO | $61.41 | $23.65 | +163.35% |
| 1000 VELO | $122.81 | $47.29 | +163.35% |
Velodrome Finance price prediction
What will the price of VELO be in 2025?
Based on VELO's historical price performance prediction model, the price of VELO is projected to reach $0.1258 in 2025.
What will the price of VELO be in 2030?
In 2030, the VELO price is expected to change by -10.00%. By the end of 2030, the VELO price is projected to reach $0.1467, with a cumulative ROI of +20.92%.
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Popular Velodrome Finance conversions
Check out these popular currency conversions of Velodrome Finance to several fiat currencies.
Velodrome Finance to USD
1 VELO to $ 0.1228 USD
Velodrome Finance to GBP
1 VELO to £ 0.09700 GBP
Velodrome Finance to EUR
1 VELO to € 0.1164 EUR
Velodrome Finance to KRW
1 VELO to ₩ 171.47 KRW
Velodrome Finance to CAD
1 VELO to $ 0.1723 CAD
Velodrome Finance to AUD
1 VELO to $ 0.1894 AUD
Velodrome Finance to JPY
1 VELO to ¥ 18.62 JPY
Velodrome Finance to BRL
1 VELO to R$ 0.7293 BRL
Velodrome Finance to CNY
1 VELO to ¥ 0.8908 CNY
Velodrome Finance to TWD
1 VELO to NT$ 4 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 Velodrome Finance 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 Velodrome Finance 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 Velodrome Finance 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.
