GMFI
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 Golden Magfi(GMFI) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 GMFI at a value of 1 GMFI for 1.12 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 Golden Magfi currency pair is the GMFI to KES, with for Golden Magfi's currency code being GMFI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
GMFI to KES conversion rate trend
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In the past 1D, Golden Magfi has changed +0.07% to KES. Based on the trend and price charts, Golden Magfi(GMFI) has changed +0.07% to KES while Kenyan Shilling(KES) has changed % to GMFI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1.15 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/26 08:33:37(UTC+0)
How to buy Golden Magfi
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Golden Magfi (GMFI)
Use a variety of payment options to buy Golden Magfi on Bitget. We'll show you how.
Buy GMFI (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of GMFI with KES. However, you can buy USDT in Bitget P2P trading first, and then buy GMFI with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell GMFI (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of GMFI to KES. However, you can first exchange GMFI for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Golden Magfi to Kenyan Shilling?
Golden Magfi to Kenyan Shilling is rising this week.Golden Magfi's current market price is Sh 1.12 per GMFI, with a total market cap of Sh 0 KES based on a circulating supply of -- GMFI. The trading volume of Golden Magfi has changed by +8.32% (Sh 9,399.13 KES) in the last 24 hours. Last trading day, GMFI's trading volume was Sh 112,937.74.
Market cap
$0
24h volume
$948.05384756
Circulating supply
0 GMFI
Conversion tables
The exchange rate of Golden Magfi is decreasing.1 GMFI is currently valued at Sh 1.12 KES , which means buying 5 GMFI will cost Sh 5.61 KES . Similarly, Sh1 KES can be traded for 0.8920 GMFI, and Sh50 KES can be converted to 44.6 GMFI, excluding any platform or gas fees.
The exchange rate of 1 GMFI to Kenyan Shilling has changed by +0.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.07%, reaching a high of 1.16 KES and a low of 1.12 KES . One month ago, the value of 1 GMFI was Sh 1.44 KES , which represents a -22.23% change from its current value. Over the last year, Golden Magfi has changed by , resulting in a change of -94.13% in its value.
-Sh
17.99KESGMFI to KES
Amount
09:29 am today
0.5 GMFI
Sh0.5605
1 GMFI
Sh1.12
5 GMFI
Sh5.61
10 GMFI
Sh11.21
50 GMFI
Sh56.05
100 GMFI
Sh112.1
500 GMFI
Sh560.51
1000 GMFI
Sh1,121.02
KES to GMFI
Amount09:29 am today
0.5KES0.4460 GMFI
1KES0.8920 GMFI
5KES4.46 GMFI
10KES8.92 GMFI
50KES44.6 GMFI
100KES89.2 GMFI
500KES446.02 GMFI
1000KES892.05 GMFI
Today vs. 24 hours ago
| Amount | 09:29 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GMFI | $0.004344 | $0.004341 | +0.07% |
| 1 GMFI | $0.008687 | $0.008681 | +0.07% |
| 5 GMFI | $0.04344 | $0.04341 | +0.07% |
| 10 GMFI | $0.08687 | $0.08681 | +0.07% |
| 50 GMFI | $0.4344 | $0.4341 | +0.07% |
| 100 GMFI | $0.8687 | $0.8681 | +0.07% |
| 500 GMFI | $4.34 | $4.34 | +0.07% |
| 1000 GMFI | $8.69 | $8.68 | +0.07% |
Today vs. 1 month ago
| Amount | 09:29 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GMFI | $0.004344 | $0.005586 | -22.23% |
| 1 GMFI | $0.008687 | $0.01117 | -22.23% |
| 5 GMFI | $0.04344 | $0.05586 | -22.23% |
| 10 GMFI | $0.08687 | $0.1117 | -22.23% |
| 50 GMFI | $0.4344 | $0.5586 | -22.23% |
| 100 GMFI | $0.8687 | $1.12 | -22.23% |
| 500 GMFI | $4.34 | $5.59 | -22.23% |
| 1000 GMFI | $8.69 | $11.17 | -22.23% |
Today vs. 1 year ago
| Amount | 09:29 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GMFI | $0.004344 | $0.07404 | -94.13% |
| 1 GMFI | $0.008687 | $0.1481 | -94.13% |
| 5 GMFI | $0.04344 | $0.7404 | -94.13% |
| 10 GMFI | $0.08687 | $1.48 | -94.13% |
| 50 GMFI | $0.4344 | $7.4 | -94.13% |
| 100 GMFI | $0.8687 | $14.81 | -94.13% |
| 500 GMFI | $4.34 | $74.04 | -94.13% |
| 1000 GMFI | $8.69 | $148.08 | -94.13% |
Golden Magfi price prediction
What will the price of GMFI be in 2025?
Based on GMFI's historical price performance prediction model, the price of GMFI is projected to reach $0.02951 in 2025.
What will the price of GMFI be in 2030?
In 2030, the GMFI price is expected to change by -4.00%. By the end of 2030, the GMFI price is projected to reach $0.04163, with a cumulative ROI of +375.19%.
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Popular Golden Magfi conversions
Check out these popular currency conversions of Golden Magfi to several fiat currencies.
Golden Magfi to USD
1 GMFI to $ 0.008687 USD
Golden Magfi to GBP
1 GMFI to £ 0.006934 GBP
Golden Magfi to EUR
1 GMFI to € 0.008358 EUR
Golden Magfi to KRW
1 GMFI to ₩ 12.74 KRW
Golden Magfi to CAD
1 GMFI to $ 0.01249 CAD
Golden Magfi to AUD
1 GMFI to $ 0.01394 AUD
Golden Magfi to JPY
1 GMFI to ¥ 1.37 JPY
Golden Magfi to BRL
1 GMFI to R$ 0.05853 BRL
Golden Magfi to CNY
1 GMFI to ¥ 0.06345 CNY
Golden Magfi to TWD
1 GMFI to NT$ 0.2844 TWD
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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 Golden Magfi 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 Golden Magfi 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 Golden Magfi 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.
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.
