UTK
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 xMoney(UTK) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 UTK at a value of 1 UTK for 6.26 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 xMoney currency pair is the UTK to KES, with for xMoney's currency code being UTK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
UTK to KES conversion rate trend
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In the past 1D, xMoney has changed +9.03% to KES. Based on the trend and price charts, xMoney(UTK) has changed +9.03% to KES while Kenyan Shilling(KES) has changed % to UTK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh6.15 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh6.09 | 0.1000% / 0.1000% | Yes |
OKX | Sh4.72 | 0.080% / 0.100% | Yes |
Huobi | Sh6.07 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh6.05 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh6.09 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/24 00:00:21(UTC+0)
How to buy xMoney
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 xMoney (UTK)
Use a variety of payment options to buy xMoney on Bitget. We'll show you how.
Buy UTK (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of UTK with KES. However, you can buy USDT in Bitget P2P trading first, and then buy UTK 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 UTK (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of UTK to KES. However, you can first exchange UTK 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 xMoney to Kenyan Shilling?
xMoney to Kenyan Shilling is rising this week.xMoney's current market price is Sh 6.26 per UTK, with a total market cap of Sh 4,404,937,455.93 KES based on a circulating supply of 704,112,100 UTK. The trading volume of xMoney has changed by -47.30% (Sh -760,782,097.15 KES) in the last 24 hours. Last trading day, UTK's trading volume was Sh 1,608,537,835.04.
Market cap
$34.02M
24h volume
$6.55M
Circulating supply
704.11M UTK
Conversion tables
The exchange rate of xMoney is increasing.1 UTK is currently valued at Sh 6.26 KES , which means buying 5 UTK will cost Sh 31.28 KES . Similarly, Sh1 KES can be traded for 0.1598 UTK, and Sh50 KES can be converted to 7.99 UTK, excluding any platform or gas fees.
The exchange rate of 1 UTK to Kenyan Shilling has changed by +33.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.03%, reaching a high of 6.34 KES and a low of 5.73 KES . One month ago, the value of 1 UTK was Sh 4.58 KES , which represents a +36.55% change from its current value. Over the last year, xMoney has changed by , resulting in a change of -34.05% in its value.
-Sh
3.24KESUTK to KES
Amount
08:19 am today
0.5 UTK
Sh3.13
1 UTK
Sh6.26
5 UTK
Sh31.28
10 UTK
Sh62.56
50 UTK
Sh312.8
100 UTK
Sh625.6
500 UTK
Sh3,128.01
1000 UTK
Sh6,256.02
KES to UTK
Amount08:19 am today
0.5KES0.07992 UTK
1KES0.1598 UTK
5KES0.7992 UTK
10KES1.6 UTK
50KES7.99 UTK
100KES15.98 UTK
500KES79.92 UTK
1000KES159.85 UTK
Today vs. 24 hours ago
| Amount | 08:19 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 UTK | $0.02416 | $0.02215 | +9.03% |
| 1 UTK | $0.04832 | $0.04431 | +9.03% |
| 5 UTK | $0.2416 | $0.2215 | +9.03% |
| 10 UTK | $0.4832 | $0.4431 | +9.03% |
| 50 UTK | $2.42 | $2.22 | +9.03% |
| 100 UTK | $4.83 | $4.43 | +9.03% |
| 500 UTK | $24.16 | $22.15 | +9.03% |
| 1000 UTK | $48.32 | $44.31 | +9.03% |
Today vs. 1 month ago
| Amount | 08:19 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 UTK | $0.02416 | $0.01768 | +36.55% |
| 1 UTK | $0.04832 | $0.03535 | +36.55% |
| 5 UTK | $0.2416 | $0.1768 | +36.55% |
| 10 UTK | $0.4832 | $0.3535 | +36.55% |
| 50 UTK | $2.42 | $1.77 | +36.55% |
| 100 UTK | $4.83 | $3.54 | +36.55% |
| 500 UTK | $24.16 | $17.68 | +36.55% |
| 1000 UTK | $48.32 | $35.35 | +36.55% |
Today vs. 1 year ago
| Amount | 08:19 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 UTK | $0.02416 | $0.03667 | -34.05% |
| 1 UTK | $0.04832 | $0.07334 | -34.05% |
| 5 UTK | $0.2416 | $0.3667 | -34.05% |
| 10 UTK | $0.4832 | $0.7334 | -34.05% |
| 50 UTK | $2.42 | $3.67 | -34.05% |
| 100 UTK | $4.83 | $7.33 | -34.05% |
| 500 UTK | $24.16 | $36.67 | -34.05% |
| 1000 UTK | $48.32 | $73.34 | -34.05% |
xMoney price prediction
What will the price of UTK be in 2025?
Based on UTK's historical price performance prediction model, the price of UTK is projected to reach $0.04911 in 2025.
What will the price of UTK be in 2030?
In 2030, the UTK price is expected to change by +3.00%. By the end of 2030, the UTK price is projected to reach $0.08537, with a cumulative ROI of +86.47%.
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Popular xMoney conversions
Check out these popular currency conversions of xMoney to several fiat currencies.
xMoney to USD
1 UTK to $ 0.04832 USD
xMoney to GBP
1 UTK to £ 0.03856 GBP
xMoney to EUR
1 UTK to € 0.04638 EUR
xMoney to KRW
1 UTK to ₩ 67.87 KRW
xMoney to CAD
1 UTK to $ 0.06780 CAD
xMoney to AUD
1 UTK to $ 0.07430 AUD
xMoney to JPY
1 UTK to ¥ 7.48 JPY
xMoney to BRL
1 UTK to R$ 0.2803 BRL
xMoney to CNY
1 UTK to ¥ 0.3504 CNY
xMoney to TWD
1 UTK to NT$ 1.57 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in xMoney.
Bitcoin to KES
1 BTC to Sh 12,745,051.6 KES
MAD to KES
1 MAD to Sh 0.003314 KES
XRP to KES
1 XRP to Sh 189.84 KES
Stellar to KES
1 XLM to Sh 75.16 KES
Kusama to KES
1 KSM to Sh 5,812.11 KES
Dogecoin to KES
1 DOGE to Sh 56.74 KES
Hedera to KES
1 HBAR to Sh 19.6 KES
Cardano to KES
1 ADA to Sh 138.98 KES
Polkadot to KES
1 DOT to Sh 1,176.57 KES
Solana to KES
1 SOL to Sh 33,244.23 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 xMoney 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 xMoney 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 xMoney 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.
