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MFET to KES Converter and calculator

MFET/KES: 1 MFET = 0.005585 KES. The price of converting 1 MultiFunctional Environmental Token (MFET) to Kenyan Shilling (KES) is 0.005585 KES today.
MFET
MFET
KES
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MFET to KES real-time exchange rates, making it easy to convert MultiFunctional Environmental Token (MFET) to Kenyan Shilling (KES). The conversion result is based on real-time data. The conversion result shows that 1 MFET is currently valued at 0.01 KES. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MFET is currently valued at 0.01 KES, which means buying 5 MFET would cost 0.03 KES. Similarly, Sh1 KES can be converted to 179.06 MFET, and Sh50 KES can be converted to 895.32 MFET, excluding any platform or gas fees.

Convert MFET to KES

Convert KES to MFET

MultiFunctional Environmental Token
Kenyan Shilling
10000 MFET
55.85  KES
In the table above, you'll find a comprehensive MFET to KES converter that shows the value of MultiFunctional Environmental Token in Kenyan Shilling across commonly used conversion amounts. The list covers conversions from 1 MFET to KES, all the way up to 10000 MFET, providing a clear view of their respective values.
Kenyan Shilling
MultiFunctional Environmental Token
1000 KES
179,064.45 MFET
2000 KES
358,128.89 MFET
5000 KES
895,322.23 MFET
10000 KES
1,790,644.45 MFET
50000 KES
8,953,222.26 MFET
100000 KES
17,906,444.51 MFET
In the table above, you'll find a comprehensive KES to MFET converter that shows the value of Kenyan Shilling in MultiFunctional Environmental Token across commonly used conversion amounts. The list covers conversions from 1 KES to MFET, all the way up to 100000 KES, providing a clear view of their respective values.

MFET to KES chart

MFET/KES: 1 MFET = 0.005585 KES; 2025/05/02 08:14:36
In the past 1D, MultiFunctional Environmental Token has changed -25.80% to KES. Based on the trend and price charts, MultiFunctional Environmental Token(MFET) has changed -25.80% to KES while Kenyan Shilling(KES) has changed % to MFET in the last 24 hours.
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MFET to KES conversion data: Volatility and price changes of MultiFunctional Environmental Token in KES

The highest MultiFunctional Environmental Token price in KES over the past 7 days was 0.01003 KES while the lowest MultiFunctional Environmental Token price in KES over the past 7 days was 0.004197 KES. The relative change between the highs and lows in MultiFunctional Environmental Token price in KES over the last 7 days indicates a volatility of %. You can view additional volatility data and MFET 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
0.006411 KES
0.01003 KES
0.01003 KES
0.02111 KES
Low
0.004757 KES
0.004197 KES
0.004197 KES
0.004197 KES
Average
0 KES
0 KES
0 KES
0 KES
Volatility
%
%
%
%
Change
-25.80%
-4.70%
-38.25%
-64.34%

MultiFunctional Environmental Token information

MFET to KES market statistics

MFET/KES:
Sh0.005585
MFET 24h volume:
--
MFET market cap:
--
MFET circulating supply:
0 MFET

Current MFET to KES exchange rate

MultiFunctional Environmental Token to Kenyan Shilling is falling this week.
MultiFunctional Environmental Token's current market price is Sh0.005585 per MFET, with a total market cap of Sh0 KES based on a circulating supply of -- MFET. The trading volume of MultiFunctional Environmental Token has changed by 0.00% (Sh0 KES) in the last 24 hours. Last trading day, MFET's trading volume was Sh0.

More info about MultiFunctional Environmental Token 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 MultiFunctional Environmental Token currency pair is the MFET to KES, with for MultiFunctional Environmental Token's currency code being MFET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

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How to convert MFET to KES

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MFET to KES Conversion tables

The exchange rate of MultiFunctional Environmental Token is decreasing.
The exchange rate of 1 MFET to Kenyan Shilling has changed by -4.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by -25.80%, reaching a high of 0.006411 KES and a low of 0.004757 KES . One month ago, the value of 1 MFET was Sh0.008531 KES , which represents a -38.25% change from its current value. Over the last year, MultiFunctional Environmental Token has changed by
-Sh
0.1810KES
, resulting in a change of -97.44% in its value.
24 hours ago1 month ago1 year ago
Amount08:14 am today24 hours ago24h change
0.5 MFETSh0.002792Sh0.003619
-25.80%
1 MFETSh0.005585Sh0.007239
-25.80%
5 MFETSh0.02792Sh0.03619
-25.80%
10 MFETSh0.05585Sh0.07239
-25.80%
50 MFETSh0.2792Sh0.3619
-25.80%
100 MFETSh0.5585Sh0.7239
-25.80%
500 MFETSh2.79Sh3.62
-25.80%
1000 MFETSh5.58Sh7.24
-25.80%

MFET to KES FAQ

How much is 1 MultiFunctional Environmental Token in KES?
Right now, the price of 1 MultiFunctional Environmental Token (MFET) in Kenyan Shilling (KES) is Sh0.005585.
How much MFET can I buy for 1 KES?
Based on the current exchange rate, you can get 179.06 MFET for 1 KES.
How do I calculate or convert MFET to KES?
You can use our MFET to KES calculator at the top of this page to convert any amount of MFET to KES. We've also included quick-reference tables for the most popular conversions. For example, 5 KES is equivalent to 895.32 MFET, while 5 MFET will cost around 0.02792KES.
What is the highest price of MFET/KES in history?
The all-time high price of 1 MFET in KES is Sh11.12. It remains to be seen if the value of 1 MFET/KES will exceed the current all-time high.
What is the price trend of MultiFunctional Environmental Token in KES?
Over the past 7 days, the exchange rate of MultiFunctional Environmental Token (MFET) has gone down by 4.70%.   Over the last month, the exchange rate of MultiFunctional Environmental Token (MFET) has gone down by 38.25% against Kenyan Shilling (KES).

What factors influence the conversion rate of MFET to KES?

There are many factors that affect the relationship between MultiFunctional Environmental Token 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 MFET/KES. When there is positive news in the market about the widespread adoption of MFET or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MFET/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MFET/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 MFET/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 MultiFunctional Environmental Token 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.