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AGIX
AGIX
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KES
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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.

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Bitgethot-iconcalculator.compare.best
Sh79.41
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Binance
Sh79.13
0.1000% / 0.1000%
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OKX
Sh80.9
0.080% / 0.100%
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Huobi
Sh79.29
0.1000% / 0.1000%
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Gate.io
Sh75.38
0.1000% / 0.1000%
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Bybit
Sh63.94
0.1000% / 0.1000%
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KuCoin
Sh78.6
0.1000% / 0.1000%
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$0
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$203.62K
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0 AGIX

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0.5 AGIX
Sh35.11
1 AGIX
Sh70.22
5 AGIX
Sh351.1
10 AGIX
Sh702.2
50 AGIX
Sh3,511
100 AGIX
Sh7,022
500 AGIX
Sh35,110.01
1000 AGIX
Sh70,220.03

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0.5KES0.007120  AGIX
1KES0.01424  AGIX
5KES0.07120  AGIX
10KES0.1424  AGIX
50KES0.7120  AGIX
100KES1.42  AGIX
500KES7.12  AGIX
1000KES14.24  AGIX

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0.5 AGIX$0.2725$0.2776
-1.86%
1 AGIX$0.5449$0.5553
-1.86%
5 AGIX$2.72$2.78
-1.86%
10 AGIX$5.45$5.55
-1.86%
50 AGIX$27.25$27.76
-1.86%
100 AGIX$54.49$55.53
-1.86%
500 AGIX$272.47$277.64
-1.86%
1000 AGIX$544.93$555.29
-1.86%

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0.5 AGIX$0.2725$0.3365
-19.03%
1 AGIX$0.5449$0.6730
-19.03%
5 AGIX$2.72$3.37
-19.03%
10 AGIX$5.45$6.73
-19.03%
50 AGIX$27.25$33.65
-19.03%
100 AGIX$54.49$67.3
-19.03%
500 AGIX$272.47$336.51
-19.03%
1000 AGIX$544.93$673.01
-19.03%

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0.5 AGIX$0.2725$0.1173
+132.27%
1 AGIX$0.5449$0.2346
+132.27%
5 AGIX$2.72$1.17
+132.27%
10 AGIX$5.45$2.35
+132.27%
50 AGIX$27.25$11.73
+132.27%
100 AGIX$54.49$23.46
+132.27%
500 AGIX$272.47$117.31
+132.27%
1000 AGIX$544.93$234.61
+132.27%

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