RSR
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 Reserve Rights(RSR) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 RSR at a value of 1 RSR for 1.09 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 Reserve Rights currency pair is the RSR to KES, with for Reserve Rights's currency code being RSR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
RSR to KES conversion rate trend
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In the past 1D, Reserve Rights has changed -4.30% to KES. Based on the trend and price charts, Reserve Rights(RSR) has changed -4.30% to KES while Kenyan Shilling(KES) has changed % to RSR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1.08 | 0.0001% / 0.0004%  VIP | |
Binance | Sh1.08 | 0.1000% / 0.1000% | Yes |
OKX | Sh1.08 | 0.080% / 0.100% | Yes |
Huobi | Sh1.09 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh1.08 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh1.08 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 18:00:16(UTC+0)
How to buy Reserve Rights
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Buy Reserve Rights (RSR)
Use a variety of payment options to buy Reserve Rights on Bitget. We'll show you how.
Learn MoreWhat factors influence the conversion rate of Reserve Rights to Kenyan Shilling?
Reserve Rights to Kenyan Shilling is falling this week.Reserve Rights's current market price is Sh 1.09 per RSR, with a total market cap of Sh 54,904,679,843.89 KES based on a circulating supply of 50,600,000,000 RSR. The trading volume of Reserve Rights has changed by +12.10% (Sh 622,158,592.76 KES) in the last 24 hours. Last trading day, RSR's trading volume was Sh 5,142,486,549.97.
Market cap
$413.12M
24h volume
$43.37M
Circulating supply
50.60B RSR
Conversion tables
The exchange rate of Reserve Rights is increasing.1 RSR is currently valued at Sh 1.09 KES , which means buying 5 RSR will cost Sh 5.43 KES . Similarly, Sh1 KES can be traded for 0.9216 RSR, and Sh50 KES can be converted to 46.08 RSR, excluding any platform or gas fees.
The exchange rate of 1 RSR to Kenyan Shilling has changed by -0.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.30%, reaching a high of 1.17 KES and a low of 1.07 KES . One month ago, the value of 1 RSR was Sh 0.8189 KES , which represents a +32.50% change from its current value. Over the last year, Reserve Rights has changed by , resulting in a change of +193.89% in its value.
+Sh
0.7159KESRSR to KES
Amount
18:30 today
0.5 RSR
Sh0.5425
1 RSR
Sh1.09
5 RSR
Sh5.43
10 RSR
Sh10.85
50 RSR
Sh54.25
100 RSR
Sh108.51
500 RSR
Sh542.54
1000 RSR
Sh1,085.07
KES to RSR
Amount18:30 today
0.5KES0.4608 RSR
1KES0.9216 RSR
5KES4.61 RSR
10KES9.22 RSR
50KES46.08 RSR
100KES92.16 RSR
500KES460.8 RSR
1000KES921.6 RSR
Today vs. 24 hours ago
| Amount | 18:30 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RSR | $0.004082 | $0.004266 | -4.30% |
| 1 RSR | $0.008164 | $0.008531 | -4.30% |
| 5 RSR | $0.04082 | $0.04266 | -4.30% |
| 10 RSR | $0.08164 | $0.08531 | -4.30% |
| 50 RSR | $0.4082 | $0.4266 | -4.30% |
| 100 RSR | $0.8164 | $0.8531 | -4.30% |
| 500 RSR | $4.08 | $4.27 | -4.30% |
| 1000 RSR | $8.16 | $8.53 | -4.30% |
Today vs. 1 month ago
| Amount | 18:30 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RSR | $0.004082 | $0.003081 | +32.50% |
| 1 RSR | $0.008164 | $0.006162 | +32.50% |
| 5 RSR | $0.04082 | $0.03081 | +32.50% |
| 10 RSR | $0.08164 | $0.06162 | +32.50% |
| 50 RSR | $0.4082 | $0.3081 | +32.50% |
| 100 RSR | $0.8164 | $0.6162 | +32.50% |
| 500 RSR | $4.08 | $3.08 | +32.50% |
| 1000 RSR | $8.16 | $6.16 | +32.50% |
Today vs. 1 year ago
| Amount | 18:30 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RSR | $0.004082 | $0.001389 | +193.89% |
| 1 RSR | $0.008164 | $0.002778 | +193.89% |
| 5 RSR | $0.04082 | $0.01389 | +193.89% |
| 10 RSR | $0.08164 | $0.02778 | +193.89% |
| 50 RSR | $0.4082 | $0.1389 | +193.89% |
| 100 RSR | $0.8164 | $0.2778 | +193.89% |
| 500 RSR | $4.08 | $1.39 | +193.89% |
| 1000 RSR | $8.16 | $2.78 | +193.89% |
Reserve Rights price prediction
What will the price of RSR be in 2025?
Based on RSR's historical price performance prediction model, the price of RSR is projected to reach $0.01064 in 2025.
What will the price of RSR be in 2030?
In 2030, the RSR price is expected to rise by +7.00%. By the end of 2030, the RSR price is projected to reach $0.01832, with a cumulative ROI of +124.41%.
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Popular Reserve Rights conversions
Check out these popular currency conversions of Reserve Rights to several fiat currencies.
Reserve Rights to USD
1 RSR to $ 0.008164 USD
Reserve Rights to GBP
1 RSR to £ 0.006410 GBP
Reserve Rights to EUR
1 RSR to € 0.007520 EUR
Reserve Rights to KRW
1 RSR to ₩ 11.29 KRW
Reserve Rights to CAD
1 RSR to $ 0.01115 CAD
Reserve Rights to AUD
1 RSR to $ 0.01225 AUD
Reserve Rights to JPY
1 RSR to ¥ 1.28 JPY
Reserve Rights to BRL
1 RSR to R$ 0.04283 BRL
Reserve Rights to CNY
1 RSR to ¥ 0.05923 CNY
Reserve Rights to TWD
1 RSR to NT$ 0.2652 TWD
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1 MEW to Sh 0.5802 KES
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1 BRETT to Sh -- KES
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1 PEPE to Sh 0.001882 KES
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1 ONDO to Sh 179.69 KES
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1 JASMY to Sh 5.05 KES
Bitcoin to KES
1 BTC to Sh 8,968,429.98 KES
Toncoin to KES
1 TON to Sh 870.61 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 Reserve Rights 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 Reserve Rights 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 Reserve Rights 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.
