BAL
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 Balancer(BAL) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 BAL at a value of 1 BAL for 535.72 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 Balancer currency pair is the BAL to KES, with for Balancer's currency code being BAL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
BAL to KES conversion rate trend
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In the past 1D, Balancer has changed -0.79% to KES. Based on the trend and price charts, Balancer(BAL) has changed -0.79% to KES while Kenyan Shilling(KES) has changed % to BAL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh535.64 | 0.0001% / 0.0004%  VIP | |
Binance | Sh536.4 | 0.1000% / 0.1000% | Yes |
OKX | Sh536.13 | 0.080% / 0.100% | Yes |
Huobi | Sh536.6 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh536.27 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh535.34 | 0.1000% / 0.1000% | Yes |
Bitfinex | Sh536.01 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 15:00:31(UTC+0)
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Learn MoreWhat factors influence the conversion rate of Balancer to Kenyan Shilling?
Balancer to Kenyan Shilling is falling this week.Balancer's current market price is Sh 535.72 per BAL, with a total market cap of Sh 30,601,453,574.23 KES based on a circulating supply of 57,122,292 BAL. The trading volume of Balancer has changed by -24.72% (Sh -279,294,797.03 KES) in the last 24 hours. Last trading day, BAL's trading volume was Sh 1,129,691,652.87.
Market cap
$230.25M
24h volume
$6.40M
Circulating supply
57.12M BAL
Conversion tables
The exchange rate of Balancer is increasing.1 BAL is currently valued at Sh 535.72 KES , which means buying 5 BAL will cost Sh 2,678.59 KES . Similarly, Sh1 KES can be traded for 0.001867 BAL, and Sh50 KES can be converted to 0.09333 BAL, excluding any platform or gas fees.
The exchange rate of 1 BAL to Kenyan Shilling has changed by -1.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.79%, reaching a high of 540.3 KES and a low of 529.85 KES . One month ago, the value of 1 BAL was Sh 484.88 KES , which represents a +10.48% change from its current value. Over the last year, Balancer has changed by , resulting in a change of -23.81% in its value.
-Sh
167.46KESBAL to KES
Amount
15:11 today
0.5 BAL
Sh267.86
1 BAL
Sh535.72
5 BAL
Sh2,678.59
10 BAL
Sh5,357.18
50 BAL
Sh26,785.91
100 BAL
Sh53,571.82
500 BAL
Sh267,859.12
1000 BAL
Sh535,718.25
KES to BAL
Amount15:11 today
0.5KES0.0009333 BAL
1KES0.001867 BAL
5KES0.009333 BAL
10KES0.01867 BAL
50KES0.09333 BAL
100KES0.1867 BAL
500KES0.9333 BAL
1000KES1.87 BAL
Today vs. 24 hours ago
| Amount | 15:11 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BAL | $2.02 | $2.03 | -0.79% |
| 1 BAL | $4.03 | $4.06 | -0.79% |
| 5 BAL | $20.15 | $20.31 | -0.79% |
| 10 BAL | $40.31 | $40.63 | -0.79% |
| 50 BAL | $201.54 | $203.14 | -0.79% |
| 100 BAL | $403.09 | $406.28 | -0.79% |
| 500 BAL | $2,015.44 | $2,031.4 | -0.79% |
| 1000 BAL | $4,030.88 | $4,062.79 | -0.79% |
Today vs. 1 month ago
| Amount | 15:11 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BAL | $2.02 | $1.82 | +10.48% |
| 1 BAL | $4.03 | $3.65 | +10.48% |
| 5 BAL | $20.15 | $18.24 | +10.48% |
| 10 BAL | $40.31 | $36.48 | +10.48% |
| 50 BAL | $201.54 | $182.42 | +10.48% |
| 100 BAL | $403.09 | $364.83 | +10.48% |
| 500 BAL | $2,015.44 | $1,824.17 | +10.48% |
| 1000 BAL | $4,030.88 | $3,648.35 | +10.48% |
Today vs. 1 year ago
| Amount | 15:11 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BAL | $2.02 | $2.65 | -23.81% |
| 1 BAL | $4.03 | $5.29 | -23.81% |
| 5 BAL | $20.15 | $26.45 | -23.81% |
| 10 BAL | $40.31 | $52.91 | -23.81% |
| 50 BAL | $201.54 | $264.54 | -23.81% |
| 100 BAL | $403.09 | $529.09 | -23.81% |
| 500 BAL | $2,015.44 | $2,645.44 | -23.81% |
| 1000 BAL | $4,030.88 | $5,290.88 | -23.81% |
Balancer price prediction
What will the price of BAL be in 2025?
Based on BAL's historical price performance prediction model, the price of BAL is projected to reach $5.69 in 2025.
What will the price of BAL be in 2030?
In 2030, the BAL price is expected to rise by +9.00%. By the end of 2030, the BAL price is projected to reach $11.65, with a cumulative ROI of +188.90%.
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Popular Balancer conversions
Check out these popular currency conversions of Balancer to several fiat currencies.
Balancer to USD
1 BAL to $ 4.03 USD
Balancer to GBP
1 BAL to £ 3.16 GBP
Balancer to EUR
1 BAL to € 3.71 EUR
Balancer to KRW
1 BAL to ₩ 5,575.07 KRW
Balancer to CAD
1 BAL to $ 5.5 CAD
Balancer to AUD
1 BAL to $ 6.05 AUD
Balancer to JPY
1 BAL to ¥ 633.86 JPY
Balancer to BRL
1 BAL to R$ 21.15 BRL
Balancer to CNY
1 BAL to ¥ 29.24 CNY
Balancer to TWD
1 BAL to NT$ 130.92 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Balancer.
Notcoin to KES
1 NOT to Sh 2.78 KES
DOG•GO•TO•THE•MOON to KES
1 DOG to Sh 1.02 KES
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1 GSTOP to Sh -- KES
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1 MEW to Sh 0.6246 KES
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1 BRETT to Sh -- KES
Pepe to KES
1 PEPE to Sh 0.001984 KES
Ondo to KES
1 ONDO to Sh 180.43 KES
JasmyCoin to KES
1 JASMY to Sh 4.64 KES
Bitcoin to KES
1 BTC to Sh 9,057,564.91 KES
Toncoin to KES
1 TON to Sh 860.99 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 Balancer 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 Balancer 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 Balancer 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.
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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.
