DCR
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 Decred(DCR) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 DCR at a value of 1 DCR for 2,601.95 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 Decred currency pair is the DCR to KES, with for Decred's currency code being DCR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
DCR to KES conversion rate trend
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In the past 1D, Decred has changed -2.80% to KES. Based on the trend and price charts, Decred(DCR) has changed -2.80% to KES while Kenyan Shilling(KES) has changed % to DCR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh2,601.95 | 0.0001% / 0.0004%  VIP | |
Binance | Sh2,611.55 | 0.1000% / 0.1000% | Yes |
OKX | Sh2,610.22 | 0.080% / 0.100% | Yes |
Huobi | Sh2,618.09 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh2,610.62 | 0.1000% / 0.1000% | Yes |
Bybit | Sh2,607.74 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh2,594.28 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 20:00:20(UTC+0)
How to buy Decred
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Buy Decred (DCR)
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What factors influence the conversion rate of Decred to Kenyan Shilling?
Decred to Kenyan Shilling is falling this week.Decred's current market price is Sh 2,601.95 per DCR, with a total market cap of Sh 41,888,070,147.78 KES based on a circulating supply of 16,098,720 DCR. The trading volume of Decred has changed by +43.01% (Sh 111,258,484.38 KES) in the last 24 hours. Last trading day, DCR's trading volume was Sh 258,681,104.54.
Market cap
$315.18M
24h volume
$2.78M
Circulating supply
16.10M DCR
Conversion tables
The exchange rate of Decred is decreasing.1 DCR is currently valued at Sh 2,601.95 KES , which means buying 5 DCR will cost Sh 13,009.75 KES . Similarly, Sh1 KES can be traded for 0.0003843 DCR, and Sh50 KES can be converted to 0.01922 DCR, excluding any platform or gas fees.
The exchange rate of 1 DCR to Kenyan Shilling has changed by -7.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.80%, reaching a high of 2,693.03 KES and a low of 2,596.03 KES . One month ago, the value of 1 DCR was Sh 2,840.6 KES , which represents a -8.40% change from its current value. Over the last year, Decred has changed by , resulting in a change of +26.17% in its value.
+Sh
8.03KESDCR to KES
Amount
20:27 today
0.5 DCR
Sh1,300.98
1 DCR
Sh2,601.95
5 DCR
Sh13,009.75
10 DCR
Sh26,019.5
50 DCR
Sh130,097.52
100 DCR
Sh260,195.04
500 DCR
Sh1,300,975.22
1000 DCR
Sh2,601,950.43
KES to DCR
Amount20:27 today
0.5KES0.0001922 DCR
1KES0.0003843 DCR
5KES0.001922 DCR
10KES0.003843 DCR
50KES0.01922 DCR
100KES0.03843 DCR
500KES0.1922 DCR
1000KES0.3843 DCR
Today vs. 24 hours ago
| Amount | 20:27 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DCR | $9.79 | $10.07 | -2.80% |
| 1 DCR | $19.58 | $20.14 | -2.80% |
| 5 DCR | $97.89 | $100.71 | -2.80% |
| 10 DCR | $195.78 | $201.41 | -2.80% |
| 50 DCR | $978.89 | $1,007.07 | -2.80% |
| 100 DCR | $1,957.77 | $2,014.14 | -2.80% |
| 500 DCR | $9,788.87 | $10,070.73 | -2.80% |
| 1000 DCR | $19,577.74 | $20,141.45 | -2.80% |
Today vs. 1 month ago
| Amount | 20:27 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DCR | $9.79 | $10.69 | -8.40% |
| 1 DCR | $19.58 | $21.37 | -8.40% |
| 5 DCR | $97.89 | $106.87 | -8.40% |
| 10 DCR | $195.78 | $213.73 | -8.40% |
| 50 DCR | $978.89 | $1,068.67 | -8.40% |
| 100 DCR | $1,957.77 | $2,137.34 | -8.40% |
| 500 DCR | $9,788.87 | $10,686.71 | -8.40% |
| 1000 DCR | $19,577.74 | $21,373.42 | -8.40% |
Today vs. 1 year ago
| Amount | 20:27 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DCR | $9.79 | $7.76 | +26.17% |
| 1 DCR | $19.58 | $15.52 | +26.17% |
| 5 DCR | $97.89 | $77.59 | +26.17% |
| 10 DCR | $195.78 | $155.17 | +26.17% |
| 50 DCR | $978.89 | $775.86 | +26.17% |
| 100 DCR | $1,957.77 | $1,551.73 | +26.17% |
| 500 DCR | $9,788.87 | $7,758.65 | +26.17% |
| 1000 DCR | $19,577.74 | $15,517.29 | +26.17% |
Decred price prediction
What will the price of DCR be in 2025?
Based on DCR's historical price performance prediction model, the price of DCR is projected to reach $23.83 in 2025.
What will the price of DCR be in 2030?
In 2030, the DCR price is expected to rise by -18.00%. By the end of 2030, the DCR price is projected to reach $57.46, with a cumulative ROI of +193.48%.
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Popular Decred conversions
Check out these popular currency conversions of Decred to several fiat currencies.
Decred to USD
1 DCR to $ 19.58 USD
Decred to GBP
1 DCR to £ 15.37 GBP
Decred to EUR
1 DCR to € 18.03 EUR
Decred to KRW
1 DCR to ₩ 27,077.78 KRW
Decred to CAD
1 DCR to $ 26.73 CAD
Decred to AUD
1 DCR to $ 29.39 AUD
Decred to JPY
1 DCR to ¥ 3,078.6 JPY
Decred to BRL
1 DCR to R$ 102.71 BRL
Decred to CNY
1 DCR to ¥ 142.05 CNY
Decred to TWD
1 DCR to NT$ 635.88 TWD
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Explore other cryptocurrencies based on your interest in Decred.
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1 NOT to Sh 2.94 KES
DOG•GO•TO•THE•MOON to KES
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cat in a dogs world to KES
1 MEW to Sh 0.5664 KES
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1 BRETT to Sh -- KES
Pepe to KES
1 PEPE to Sh 0.001864 KES
Ondo to KES
1 ONDO to Sh 178.56 KES
JasmyCoin to KES
1 JASMY to Sh 5.01 KES
Bitcoin to KES
1 BTC to Sh 8,978,722.56 KES
Toncoin to KES
1 TON to Sh 875.62 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 Decred 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 Decred 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 Decred 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.
