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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.05%
BTC/USDT$82837.00 (-1.06%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.05%
BTC/USDT$82837.00 (-1.06%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
IDV
KES
Last updated as of 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 Idavoll DAO(IDV) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 IDV at a value of 1 IDV for 0.01 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 Idavoll DAO currency pair is the IDV to KES, with for Idavoll DAO's currency code being IDV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
IDV to KES conversion rate trend
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In the past 1D, Idavoll DAO has changed -2.25% to KES. Based on the trend and price charts, Idavoll DAO(IDV) has changed -2.25% to KES while Kenyan Shilling(KES) has changed % to IDV in the last 24 hours.
IDV to KES market statistics
IDV/KES:
Sh 0.008630
IDV 24h volume:
Sh 266,915.31
IDV market cap:
Sh 7,976,483.49
IDV circulating supply:
924.28M IDV
More info about Idavoll DAO on Bitget
Current IDV to KES exchange rate
Idavoll DAO to Kenyan Shilling is falling this week.Idavoll DAO's current market price is Sh 0.008630 per IDV, with a total market cap of Sh 7,976,483.49 KES based on a circulating supply of 924,278,340 IDV. The trading volume of Idavoll DAO has changed by -16.09% (Sh -51,167.05 KES) in the last 24 hours. Last trading day, IDV's trading volume was Sh 318,082.35.
IDV to KES Conversion tables
The exchange rate of Idavoll DAO is decreasing.1 IDV is currently valued at Sh 0.008630 KES , which means buying 5 IDV will cost Sh 0.04315 KES . Similarly, Sh1 KES can be traded for 115.88 IDV, and Sh50 KES can be converted to 5,793.77 IDV, excluding any platform or gas fees.
The exchange rate of 1 IDV to Kenyan Shilling has changed by -7.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.25%, reaching a high of 0.008805 KES and a low of 0.008255 KES . One month ago, the value of 1 IDV was Sh 0.01120 KES , which represents a -22.94% change from its current value. Over the last year, Idavoll DAO has changed by , resulting in a change of -96.85% in its value.
-Sh
0.2649KESIDV to KES
Amount
10:35 am today
0.5 IDV
Sh0.004315
1 IDV
Sh0.008630
5 IDV
Sh0.04315
10 IDV
Sh0.08630
50 IDV
Sh0.4315
100 IDV
Sh0.8630
500 IDV
Sh4.31
1000 IDV
Sh8.63
KES to IDV
Amount10:35 am today
0.5KES57.94 IDV
1KES115.88 IDV
5KES579.38 IDV
10KES1,158.75 IDV
50KES5,793.77 IDV
100KES11,587.54 IDV
500KES57,937.71 IDV
1000KES115,875.41 IDV
IDV to KES Today vs. 24 hours ago
| Amount | 10:35 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 IDV | Sh0.004315 | Sh0.004414 | -2.25% |
| 1 IDV | Sh0.008630 | Sh0.008828 | -2.25% |
| 5 IDV | Sh0.04315 | Sh0.04414 | -2.25% |
| 10 IDV | Sh0.08630 | Sh0.08828 | -2.25% |
| 50 IDV | Sh0.4315 | Sh0.4414 | -2.25% |
| 100 IDV | Sh0.8630 | Sh0.8828 | -2.25% |
| 500 IDV | Sh4.31 | Sh4.41 | -2.25% |
| 1000 IDV | Sh8.63 | Sh8.83 | -2.25% |
IDV to KES Today vs. 1 month ago
| Amount | 10:35 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 IDV | Sh0.004315 | Sh0.005600 | -22.94% |
| 1 IDV | Sh0.008630 | Sh0.01120 | -22.94% |
| 5 IDV | Sh0.04315 | Sh0.05600 | -22.94% |
| 10 IDV | Sh0.08630 | Sh0.1120 | -22.94% |
| 50 IDV | Sh0.4315 | Sh0.5600 | -22.94% |
| 100 IDV | Sh0.8630 | Sh1.12 | -22.94% |
| 500 IDV | Sh4.31 | Sh5.6 | -22.94% |
| 1000 IDV | Sh8.63 | Sh11.2 | -22.94% |
IDV to KES Today vs. 1 year ago
| Amount | 10:35 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 IDV | Sh0.004315 | Sh0.1368 | -96.85% |
| 1 IDV | Sh0.008630 | Sh0.2735 | -96.85% |
| 5 IDV | Sh0.04315 | Sh1.37 | -96.85% |
| 10 IDV | Sh0.08630 | Sh2.74 | -96.85% |
| 50 IDV | Sh0.4315 | Sh13.68 | -96.85% |
| 100 IDV | Sh0.8630 | Sh27.35 | -96.85% |
| 500 IDV | Sh4.31 | Sh136.77 | -96.85% |
| 1000 IDV | Sh8.63 | Sh273.54 | -96.85% |
How to convert IDV to KES
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert IDV to KES
Use a variety of payment options to buy Idavoll DAO on Bitget. We'll show you how.
Buy IDV (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of IDV with KES. However, you can buy USDT in Bitget P2P trading first, and then buy IDV 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 IDV (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of IDV to KES. However, you can first exchange IDV 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 IDV to KES?
There are many factors that affect the relationship between Idavoll DAO and Kenyan Shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of IDV/KES. When there is positive news in the market about the widespread adoption of IDV or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IDV/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IDV/KES.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of IDV/KES. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Idavoll DAO and adjust their investment strategies accordingly in the evolving market.
Idavoll DAO price prediction
What will the price of IDV be in 2026?
Based on IDV's historical price performance prediction model, the price of IDV is projected to reach $0.{4}7757 in 2026.
What will the price of IDV be in 2031?
In 2031, the IDV price is expected to change by +33.00%. By the end of 2031, the IDV price is projected to reach $0.0001504, with a cumulative ROI of +126.91%.
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Popular Idavoll DAO Converter
Check out these popular currency conversions of Idavoll DAO to several fiat currencies.
IDV to TWD
1 IDV to NT$ 0.002202 TWD
IDV to KES
1 IDV to Sh 0.008630 KES
IDV to CNY
1 IDV to ¥ 0.0004833 CNY
IDV to USD
1 IDV to $ 0.{4}6636 USD
IDV to EUR
1 IDV to € 0.{4}6054 EUR
IDV to CAD
1 IDV to $ 0.{4}9441 CAD
IDV to KRW
1 IDV to ₩ 0.09685 KRW
IDV to JPY
1 IDV to ¥ 0.009758 JPY
IDV to GBP
1 IDV to £ 0.{4}5152 GBP
IDV to BRL
1 IDV to R$ 0.0003877 BRL
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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 Idavoll DAO 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 Idavoll DAO 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 Idavoll DAO 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.
