ISLM
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 Islamic Coin(ISLM) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 ISLM at a value of 1 ISLM for 6.79 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 Islamic Coin currency pair is the ISLM to KES, with for Islamic Coin's currency code being ISLM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
ISLM to KES conversion rate trend
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In the past 1D, Islamic Coin has changed +0.07% to KES. Based on the trend and price charts, Islamic Coin(ISLM) has changed +0.07% to KES while Kenyan Shilling(KES) has changed % to ISLM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh7.62 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh6.84 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh6.81 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/26 00:00:24(UTC+0)
How to buy Islamic Coin
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Islamic Coin (ISLM)
Use a variety of payment options to buy Islamic Coin on Bitget. We'll show you how.
Learn MoreBuy ISLM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of ISLM with KES. However, you can buy USDT in Bitget P2P trading first, and then buy ISLM 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 ISLM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of ISLM to KES. However, you can first exchange ISLM 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 Islamic Coin to Kenyan Shilling?
Islamic Coin to Kenyan Shilling is falling this week.Islamic Coin's current market price is Sh 6.79 per ISLM, with a total market cap of Sh 10,133,062,686.23 KES based on a circulating supply of 1,491,959,600 ISLM. The trading volume of Islamic Coin has changed by -13.75% (Sh -29,647,359.70 KES) in the last 24 hours. Last trading day, ISLM's trading volume was Sh 215,668,921.97.
Market cap
$78.53M
24h volume
$1.44M
Circulating supply
1.49B ISLM
Conversion tables
The exchange rate of Islamic Coin is decreasing.1 ISLM is currently valued at Sh 6.79 KES , which means buying 5 ISLM will cost Sh 33.96 KES . Similarly, Sh1 KES can be traded for 0.1472 ISLM, and Sh50 KES can be converted to 7.36 ISLM, excluding any platform or gas fees.
The exchange rate of 1 ISLM to Kenyan Shilling has changed by -11.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.07%, reaching a high of 6.86 KES and a low of 6.68 KES . One month ago, the value of 1 ISLM was Sh 9.07 KES , which represents a -25.14% change from its current value. Over the last year, Islamic Coin has changed by , resulting in a change of -56.03% in its value.
-Sh
8.66KESISLM to KES
Amount
04:09 am today
0.5 ISLM
Sh3.4
1 ISLM
Sh6.79
5 ISLM
Sh33.96
10 ISLM
Sh67.92
50 ISLM
Sh339.59
100 ISLM
Sh679.18
500 ISLM
Sh3,395.89
1000 ISLM
Sh6,791.78
KES to ISLM
Amount04:09 am today
0.5KES0.07362 ISLM
1KES0.1472 ISLM
5KES0.7362 ISLM
10KES1.47 ISLM
50KES7.36 ISLM
100KES14.72 ISLM
500KES73.62 ISLM
1000KES147.24 ISLM
Today vs. 24 hours ago
| Amount | 04:09 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ISLM | $0.02632 | $0.02630 | +0.07% |
| 1 ISLM | $0.05263 | $0.05260 | +0.07% |
| 5 ISLM | $0.2632 | $0.2630 | +0.07% |
| 10 ISLM | $0.5263 | $0.5260 | +0.07% |
| 50 ISLM | $2.63 | $2.63 | +0.07% |
| 100 ISLM | $5.26 | $5.26 | +0.07% |
| 500 ISLM | $26.32 | $26.3 | +0.07% |
| 1000 ISLM | $52.63 | $52.6 | +0.07% |
Today vs. 1 month ago
| Amount | 04:09 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ISLM | $0.02632 | $0.03515 | -25.14% |
| 1 ISLM | $0.05263 | $0.07031 | -25.14% |
| 5 ISLM | $0.2632 | $0.3515 | -25.14% |
| 10 ISLM | $0.5263 | $0.7031 | -25.14% |
| 50 ISLM | $2.63 | $3.52 | -25.14% |
| 100 ISLM | $5.26 | $7.03 | -25.14% |
| 500 ISLM | $26.32 | $35.15 | -25.14% |
| 1000 ISLM | $52.63 | $70.31 | -25.14% |
Today vs. 1 year ago
| Amount | 04:09 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ISLM | $0.02632 | $0.05985 | -56.03% |
| 1 ISLM | $0.05263 | $0.1197 | -56.03% |
| 5 ISLM | $0.2632 | $0.5985 | -56.03% |
| 10 ISLM | $0.5263 | $1.2 | -56.03% |
| 50 ISLM | $2.63 | $5.99 | -56.03% |
| 100 ISLM | $5.26 | $11.97 | -56.03% |
| 500 ISLM | $26.32 | $59.85 | -56.03% |
| 1000 ISLM | $52.63 | $119.71 | -56.03% |
Islamic Coin price prediction
What will the price of ISLM be in 2025?
Based on ISLM's historical price performance prediction model, the price of ISLM is projected to reach $0.07484 in 2025.
What will the price of ISLM be in 2030?
In 2030, the ISLM price is expected to change by -19.00%. By the end of 2030, the ISLM price is projected to reach $0.1260, with a cumulative ROI of +131.23%.
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Popular Islamic Coin conversions
Check out these popular currency conversions of Islamic Coin to several fiat currencies.
Islamic Coin to USD
1 ISLM to $ 0.05263 USD
Islamic Coin to GBP
1 ISLM to £ 0.04195 GBP
Islamic Coin to EUR
1 ISLM to € 0.05062 EUR
Islamic Coin to KRW
1 ISLM to ₩ 77.12 KRW
Islamic Coin to CAD
1 ISLM to $ 0.07557 CAD
Islamic Coin to AUD
1 ISLM to $ 0.08437 AUD
Islamic Coin to JPY
1 ISLM to ¥ 8.28 JPY
Islamic Coin to BRL
1 ISLM to R$ 0.3545 BRL
Islamic Coin to CNY
1 ISLM to ¥ 0.3842 CNY
Islamic Coin to TWD
1 ISLM to NT$ 1.72 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 Islamic Coin 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 Islamic Coin 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 Islamic Coin 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.
