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Polygon to Kenyan Shilling Converter and calculator

Convert 1Polygon (MATIC) to Kenyan Shilling (KES) equals Sh 88.84 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Polygon(MATIC) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MATIC at a value of 1 MATIC for 88.84 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Polygon currency pair is the MATIC to KES, with for Polygon's currency code being MATIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

MATIC to KES conversion rate trend

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In the past 1D, Polygon has changed -4.00% to KES. Based on the trend and price charts, Polygon(MATIC) has changed -4.00% to KES while Kenyan Shilling(KES) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh88.86
0.0001% / 0.0004%vip-iconVIP
Binance
Sh88.91
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh88.79
0.1000% / 0.1000%
Yes
Kraken
Sh89.22
0.1000% / 0.1000%
Yes
OKX
Sh88.9
0.080% / 0.100%
Yes
Huobi
Sh88.93
0.1000% / 0.1000%
Yes
Gate.io
Sh88.9
0.1000% / 0.1000%
Yes
Bybit
Sh88.9
0.1000% / 0.1000%
Yes
KuCoin
Sh88.91
0.1000% / 0.1000%
Yes
Bitfinex
Sh88.93
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 19:00:19(UTC+0)

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What factors influence the conversion rate of Polygon to Kenyan Shilling?

Polygon to Kenyan Shilling is rising this week.
Polygon's current market price is Sh 88.84 per MATIC, with a total market cap of Sh 880,145,639,056.4 KES based on a circulating supply of 9,906,956,000 MATIC. The trading volume of Polygon has changed by +3.78% (Sh 894,109,042.33 KES) in the last 24 hours. Last trading day, MATIC's trading volume was Sh 23,644,295,711.38.
Market cap
$6.78B
24h volume
$189.03M
Circulating supply
9.91B MATIC

Conversion tables

The exchange rate of Polygon is increasing.
1 MATIC is currently valued at Sh 88.84 KES , which means buying 5 MATIC will cost Sh 444.21 KES . Similarly, Sh1 KES can be traded for 0.01126 MATIC, and Sh50 KES can be converted to 0.5628 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Kenyan Shilling has changed by +1.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.00%, reaching a high of 92.62 KES and a low of 88.84 KES . One month ago, the value of 1 MATIC was Sh 87.62 KES , which represents a +1.39% change from its current value. Over the last year, Polygon has changed by
-Sh
24.6KES
, resulting in a change of -21.68% in its value.

MATIC to KES

Amount
19:10 today
0.5 MATIC
Sh44.42
1 MATIC
Sh88.84
5 MATIC
Sh444.21
10 MATIC
Sh888.41
50 MATIC
Sh4,442.06
100 MATIC
Sh8,884.12
500 MATIC
Sh44,420.59
1000 MATIC
Sh88,841.17

KES to MATIC

Amount19:10 today
0.5KES0.005628  MATIC
1KES0.01126  MATIC
5KES0.05628  MATIC
10KES0.1126  MATIC
50KES0.5628  MATIC
100KES1.13  MATIC
500KES5.63  MATIC
1000KES11.26  MATIC
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Today vs. 24 hours ago

Amount19:10 today24 hours ago24h change
0.5 MATIC$0.3422$0.3564
-4.00%
1 MATIC$0.6844$0.7129
-4.00%
5 MATIC$3.42$3.56
-4.00%
10 MATIC$6.84$7.13
-4.00%
50 MATIC$34.22$35.64
-4.00%
100 MATIC$68.44$71.29
-4.00%
500 MATIC$342.18$356.45
-4.00%
1000 MATIC$684.37$712.89
-4.00%

Today vs. 1 month ago

Amount19:10 today1 month ago1M change
0.5 MATIC$0.3422$0.3375
+1.39%
1 MATIC$0.6844$0.6750
+1.39%
5 MATIC$3.42$3.37
+1.39%
10 MATIC$6.84$6.75
+1.39%
50 MATIC$34.22$33.75
+1.39%
100 MATIC$68.44$67.5
+1.39%
500 MATIC$342.18$337.48
+1.39%
1000 MATIC$684.37$674.96
+1.39%
Buy Polygon for 1 KES
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Today vs. 1 year ago

Amount19:10 today1 year ago1Y change
0.5 MATIC$0.3422$0.4369
-21.68%
1 MATIC$0.6844$0.8738
-21.68%
5 MATIC$3.42$4.37
-21.68%
10 MATIC$6.84$8.74
-21.68%
50 MATIC$34.22$43.69
-21.68%
100 MATIC$68.44$87.38
-21.68%
500 MATIC$342.18$436.92
-21.68%
1000 MATIC$684.37$873.84
-21.68%

Polygon price prediction

What will the price of MATIC be in 2025?

Based on MATIC's historical price performance prediction model, the price of MATIC is projected to reach $0.9679 in 2025.

What will the price of MATIC be in 2030?

In 2030, the MATIC price is expected to rise by +4.00%. By the end of 2030, the MATIC price is projected to reach $2, with a cumulative ROI of +191.94%.
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