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LoungeM to Kenyan Shilling Converter and calculator

Convert 1LoungeM (LZM) to Kenyan Shilling (KES) equals Sh 4.51 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of LoungeM(LZM) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 LZM at a value of 1 LZM for 4.51 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.

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Bitget crypto-to-fiat exchange data shows that the most popular LoungeM currency pair is the LZM to KES, with for LoungeM's currency code being LZM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

LZM to KES conversion rate trend

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In the past 1D, LoungeM has changed +16.06% to KES. Based on the trend and price charts, LoungeM(LZM) has changed +16.06% to KES while Kenyan Shilling(KES) has changed % to LZM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh4.51
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/06 10:30:49(UTC+0)

How to buy LoungeM

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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.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy LoungeM (LZM)
Use a variety of payment options to buy LoungeM on Bitget. We'll show you how.

Buy LZM (or USDT) for KES (Kenyan Shilling) offers

Bitget P2P trading does not currently support direct buying of LZM with KES. However, you can buy USDT in Bitget P2P trading first, and then buy LZM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
T
TradehutVerified Merchant
36 tradesCompletion rate 100.00%
129.95 KES
Amount135 USDT
Limit1330 - 20500 KES
Bank TransferM-PESA Kenya (Safaricom)M-pesa Paybill
Buy
F
Fast & FrankVerified Merchant
46 tradesCompletion rate 98.00%
129.99 KES
Amount17.27 USDT
Limit1330 - 2244 KES
M-PESA Kenya (Safaricom)
Buy
P
PortiaVerified Merchant
362 tradesCompletion rate 98.00%
130 KES
Amount351.99 USDT
Limit1330 - 45750 KES
Bank TransferM-PESA Kenya (Safaricom)M-pesa Paybill
Buy
C
Chris_377Verified Merchant
188 tradesCompletion rate 99.00%
130.19 KES
Amount115.5 USDT
Limit1330 - 12000 KES
M-PESA Kenya (Safaricom)
Buy
M
Moas25Verified Merchant
16 tradesCompletion rate 100.00%
130.38 KES
Amount186.1 USDT
Limit1400 - 32800 KES
M-PESA Kenya (Safaricom)
Buy

Sell LZM (or USDT) for KES (Kenyan Shilling) offers

Bitget P2P trading currently does not support direct selling of LZM to KES. However, you can first exchange LZM for USDT in the Bitget spot market, and then sell USDT to KES in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
G
Glade_Verified Merchant
14 tradesCompletion rate 93.00%
129.3 KES
Amount1200 USDT
Limit50000 - 150000 KES
Bank TransferM-PESA Kenya (Safaricom)M-pesa Paybill
Sell
C
COCO FXVerified Merchant
3 tradesCompletion rate 75.00%
129.18 KES
Amount4851.12 USDT
Limit1500 - 120000 KES
Bank TransferM-PESA Kenya (Safaricom)M-pesa Paybill
Sell
B
Brian_rayVerified Merchant
5 tradesCompletion rate 83.00%
129.13 KES
Amount97576.13 USDT
Limit50000 - 10000000 KES
Bank TransferCash Deposit to BankM-PESA Kenya (Safaricom)M-pesa Paybill
Sell
A
ARGUS .COVerified Merchant
166 tradesCompletion rate 97.00%
128.9 KES
Amount770.63 USDT
Limit1330 - 90000 KES
Bank TransferM-PESA Kenya (Safaricom)
Sell
P
PortiaVerified Merchant
362 tradesCompletion rate 98.00%
128.7 KES
Amount10413.81 USDT
Limit1330 - 50000 KES
M-PESA Kenya (Safaricom)
Sell

What factors influence the conversion rate of LoungeM to Kenyan Shilling?

LoungeM to Kenyan Shilling is falling this week.
LoungeM's current market price is Sh 4.51 per LZM, with a total market cap of Sh 0 KES based on a circulating supply of -- LZM. The trading volume of LoungeM has changed by -51.62% (Sh -844,943.08 KES) in the last 24 hours. Last trading day, LZM's trading volume was Sh 1,636,858.49.
Market cap
$0
24h volume
$6.19K
Circulating supply
0 LZM

Conversion tables

The exchange rate of LoungeM is decreasing.
1 LZM is currently valued at Sh 4.51 KES , which means buying 5 LZM will cost Sh 22.54 KES . Similarly, Sh1 KES can be traded for 0.2218 LZM, and Sh50 KES can be converted to 11.09 LZM, excluding any platform or gas fees.
The exchange rate of 1 LZM to Kenyan Shilling has changed by -24.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by +16.06%, reaching a high of 4.77 KES and a low of 3.77 KES . One month ago, the value of 1 LZM was Sh 6.14 KES , which represents a -26.57% change from its current value. Over the last year, LoungeM has changed by
-Sh
3.4KES
, resulting in a change of -42.96% in its value.

LZM to KES

Amount
10:30 am today
0.5 LZM
Sh2.25
1 LZM
Sh4.51
5 LZM
Sh22.54
10 LZM
Sh45.09
50 LZM
Sh225.44
100 LZM
Sh450.88
500 LZM
Sh2,254.41
1000 LZM
Sh4,508.82

KES to LZM

Amount10:30 am today
0.5KES0.1109  LZM
1KES0.2218  LZM
5KES1.11  LZM
10KES2.22  LZM
50KES11.09  LZM
100KES22.18  LZM
500KES110.89  LZM
1000KES221.79  LZM
Buy LoungeM for 1 KES
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Today vs. 24 hours ago

Amount10:30 am today24 hours ago24h change
0.5 LZM$0.01761$0.01518
+16.06%
1 LZM$0.03523$0.03035
+16.06%
5 LZM$0.1761$0.1518
+16.06%
10 LZM$0.3523$0.3035
+16.06%
50 LZM$1.76$1.52
+16.06%
100 LZM$3.52$3.04
+16.06%
500 LZM$17.61$15.18
+16.06%
1000 LZM$35.23$30.35
+16.06%

Today vs. 1 month ago

Amount10:30 am today1 month ago1M change
0.5 LZM$0.01761$0.02398
-26.57%
1 LZM$0.03523$0.04797
-26.57%
5 LZM$0.1761$0.2398
-26.57%
10 LZM$0.3523$0.4797
-26.57%
50 LZM$1.76$2.4
-26.57%
100 LZM$3.52$4.8
-26.57%
500 LZM$17.61$23.98
-26.57%
1000 LZM$35.23$47.97
-26.57%
Buy LoungeM for 1 KES
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount10:30 am today1 year ago1Y change
0.5 LZM$0.01761$0.03088
-42.96%
1 LZM$0.03523$0.06176
-42.96%
5 LZM$0.1761$0.3088
-42.96%
10 LZM$0.3523$0.6176
-42.96%
50 LZM$1.76$3.09
-42.96%
100 LZM$3.52$6.18
-42.96%
500 LZM$17.61$30.88
-42.96%
1000 LZM$35.23$61.76
-42.96%

LoungeM price prediction

What will the price of LZM be in 2025?

Based on LZM's historical price performance prediction model, the price of LZM is projected to reach $0.05081 in 2025.

What will the price of LZM be in 2030?

In 2030, the LZM price is expected to change by -20.00%. By the end of 2030, the LZM price is projected to reach $0.06621, with a cumulative ROI of +87.95%.
Buy LoungeM for 1 KES
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy LoungeM for 1 KES
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Buy LoungeM for 1 KES
A welcome pack worth 1000 USDT for new Bitgetters!
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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 LoungeM 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 LoungeM 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 LoungeM 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.

Buy LoungeM for 1 KES

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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.