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MIC to KES Converter and calculator

MIC/KES: 1 MIC = 0.01516 KES. The price of converting 1 Magic Internet Cash (MIC) to Kenyan Shilling (KES) is 0.01516 KES today.
MIC
MIC
KES
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MIC to KES real-time exchange rates, making it easy to convert Magic Internet Cash (MIC) to Kenyan Shilling (KES). The conversion result is based on real-time data. The conversion result shows that 1 MIC is currently valued at 0.02 KES. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MIC is currently valued at 0.02 KES, which means buying 5 MIC would cost 0.08 KES. Similarly, Sh1 KES can be converted to 65.95 MIC, and Sh50 KES can be converted to 329.77 MIC, excluding any platform or gas fees.

Convert MIC to KES

Convert KES to MIC

Magic Internet Cash
Kenyan Shilling
10000 MIC
151.62  KES
In the table above, you'll find a comprehensive MIC to KES converter that shows the value of Magic Internet Cash in Kenyan Shilling across commonly used conversion amounts. The list covers conversions from 1 MIC to KES, all the way up to 10000 MIC, providing a clear view of their respective values.
Kenyan Shilling
Magic Internet Cash
2000 KES
131,906.59 MIC
5000 KES
329,766.47 MIC
10000 KES
659,532.93 MIC
50000 KES
3,297,664.67 MIC
100000 KES
6,595,329.33 MIC
In the table above, you'll find a comprehensive KES to MIC converter that shows the value of Kenyan Shilling in Magic Internet Cash across commonly used conversion amounts. The list covers conversions from 1 KES to MIC, all the way up to 100000 KES, providing a clear view of their respective values.

MIC to KES chart

MIC/KES: 1 MIC = 0.01516 KES; 2025/04/28 21:48:43
In the past 1D, Magic Internet Cash has changed +30.92% to KES. Based on the trend and price charts, Magic Internet Cash(MIC) has changed +30.92% to KES while Kenyan Shilling(KES) has changed % to MIC in the last 24 hours.
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MIC to KES conversion data: Volatility and price changes of Magic Internet Cash in KES

The highest Magic Internet Cash price in KES over the past 7 days was 0.02046 KES while the lowest Magic Internet Cash price in KES over the past 7 days was 0.01023 KES. The relative change between the highs and lows in Magic Internet Cash price in KES over the last 7 days indicates a volatility of %. You can view additional volatility data and MIC to KES prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.02046 KES
0.02046 KES
0.02046 KES
0.03251 KES
Low
0.01196 KES
0.01023 KES
0.008583 KES
0.008583 KES
Average
0 KES
0 KES
0 KES
0 KES
Volatility
%
%
%
%
Change
+30.92%
+15.63%
+20.46%
-37.73%

Magic Internet Cash information

MIC to KES market statistics

MIC/KES:
Sh0.01516
MIC 24h volume:
--
MIC market cap:
--
MIC circulating supply:
0 MIC

Current MIC to KES exchange rate

Magic Internet Cash to Kenyan Shilling is rising this week.
Magic Internet Cash's current market price is Sh0.01516 per MIC, with a total market cap of Sh0 KES based on a circulating supply of -- MIC. The trading volume of Magic Internet Cash has changed by 0.00% (Sh0 KES) in the last 24 hours. Last trading day, MIC's trading volume was Sh0.

More info about Magic Internet Cash on Bitget

Kenyan Shilling 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 Magic Internet Cash currency pair is the MIC to KES, with for Magic Internet Cash's currency code being MIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

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How to convert MIC to KES

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Convert MIC to KES
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Bitget P2P trading does not currently support direct buying of MIC with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MIC with USDT via Bitget spot market.
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MIC to KES Conversion tables

The exchange rate of Magic Internet Cash is increasing.
The exchange rate of 1 MIC to Kenyan Shilling has changed by +15.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by +30.92%, reaching a high of 0.02046 KES and a low of 0.01196 KES . One month ago, the value of 1 MIC was Sh0.01250 KES , which represents a +20.46% change from its current value. Over the last year, Magic Internet Cash has changed by
-Sh
0.02838KES
, resulting in a change of -64.45% in its value.
24 hours ago1 month ago1 year ago
Amount21:48 today24 hours ago24h change
0.5 MICSh0.007581Sh0.005732
+30.92%
1 MICSh0.01516Sh0.01146
+30.92%
5 MICSh0.07581Sh0.05732
+30.92%
10 MICSh0.1516Sh0.1146
+30.92%
50 MICSh0.7581Sh0.5732
+30.92%
100 MICSh1.52Sh1.15
+30.92%
500 MICSh7.58Sh5.73
+30.92%
1000 MICSh15.16Sh11.46
+30.92%

MIC to KES FAQ

How much is 1 Magic Internet Cash in KES?
Right now, the price of 1 Magic Internet Cash (MIC) in Kenyan Shilling (KES) is Sh0.01516.
How much MIC can I buy for 1 KES?
Based on the current exchange rate, you can get 65.95 MIC for 1 KES.
How do I calculate or convert MIC to KES?
You can use our MIC to KES calculator at the top of this page to convert any amount of MIC to KES. We've also included quick-reference tables for the most popular conversions. For example, 5 KES is equivalent to 329.77 MIC, while 5 MIC will cost around 0.07581KES.
What is the highest price of MIC/KES in history?
The all-time high price of 1 MIC in KES is Sh4.58. It remains to be seen if the value of 1 MIC/KES will exceed the current all-time high.
What is the price trend of Magic Internet Cash in KES?
Over the past 7 days, the exchange rate of Magic Internet Cash (MIC) has gone up by 15.63%.   Over the last month, the exchange rate of Magic Internet Cash (MIC) has gone up by 20.46% against Kenyan Shilling (KES).

What factors influence the conversion rate of MIC to KES?

There are many factors that affect the relationship between Magic Internet Cash 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 MIC/KES. When there is positive news in the market about the widespread adoption of MIC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MIC/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MIC/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.
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 MIC/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 Magic Internet Cash and adjust their investment strategies accordingly in the evolving market.

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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.