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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.49%
New listings on Bitget: Pi Network
BTC/USDT$78539.99 (+0.07%)Fear and Greed Index24(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$103.9M (1D); -$362.1M (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 share62.49%
New listings on Bitget: Pi Network
BTC/USDT$78539.99 (+0.07%)Fear and Greed Index24(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$103.9M (1D); -$362.1M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
MIC
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 Magic Internet Cash(MIC) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MIC at a value of 1 MIC 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 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.
MIC to KES conversion rate trend
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In the past 1D, Magic Internet Cash has changed -13.28% to KES. Based on the trend and price charts, Magic Internet Cash(MIC) has changed -13.28% to KES while Kenyan Shilling(KES) has changed % to MIC in the last 24 hours.
MIC to KES market statistics
MIC/KES:
Sh 0.009266
MIC 24h volume:
--
MIC market cap:
--
MIC circulating supply:
0 MIC
More info about Magic Internet Cash on Bitget
Current MIC to KES exchange rate
Magic Internet Cash to Kenyan Shilling is falling this week.Magic Internet Cash's current market price is Sh 0.009266 per MIC, with a total market cap of Sh 0 KES based on a circulating supply of -- MIC. The trading volume of Magic Internet Cash has changed by 0.00% (Sh 0 KES) in the last 24 hours. Last trading day, MIC's trading volume was Sh 0.
MIC to KES Conversion tables
The exchange rate of Magic Internet Cash is decreasing.1 MIC is currently valued at Sh 0.009266 KES , which means buying 5 MIC will cost Sh 0.04633 KES . Similarly, Sh1 KES can be traded for 107.93 MIC, and Sh50 KES can be converted to 5,396.34 MIC, excluding any platform or gas fees.
The exchange rate of 1 MIC to Kenyan Shilling has changed by -12.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by -13.28%, reaching a high of 0.01514 KES and a low of 0.01313 KES . One month ago, the value of 1 MIC was Sh 0.02318 KES , which represents a -51.44% change from its current value. Over the last year, Magic Internet Cash has changed by , resulting in a change of -86.61% in its value.
-Sh
0.08495KESMIC to KES
Amount
15:07 today
0.5 MIC
Sh0.004633
1 MIC
Sh0.009266
5 MIC
Sh0.04633
10 MIC
Sh0.09266
50 MIC
Sh0.4633
100 MIC
Sh0.9266
500 MIC
Sh4.63
1000 MIC
Sh9.27
KES to MIC
Amount15:07 today
0.5KES53.96 MIC
1KES107.93 MIC
5KES539.63 MIC
10KES1,079.27 MIC
50KES5,396.34 MIC
100KES10,792.68 MIC
500KES53,963.4 MIC
1000KES107,926.8 MIC
MIC to KES Today vs. 24 hours ago
| Amount | 15:07 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MIC | Sh0.004633 | Sh0.005638 | -13.28% |
| 1 MIC | Sh0.009266 | Sh0.01128 | -13.28% |
| 5 MIC | Sh0.04633 | Sh0.05638 | -13.28% |
| 10 MIC | Sh0.09266 | Sh0.1128 | -13.28% |
| 50 MIC | Sh0.4633 | Sh0.5638 | -13.28% |
| 100 MIC | Sh0.9266 | Sh1.13 | -13.28% |
| 500 MIC | Sh4.63 | Sh5.64 | -13.28% |
| 1000 MIC | Sh9.27 | Sh11.28 | -13.28% |
MIC to KES Today vs. 1 month ago
| Amount | 15:07 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MIC | Sh0.004633 | Sh0.01159 | -51.44% |
| 1 MIC | Sh0.009266 | Sh0.02318 | -51.44% |
| 5 MIC | Sh0.04633 | Sh0.1159 | -51.44% |
| 10 MIC | Sh0.09266 | Sh0.2318 | -51.44% |
| 50 MIC | Sh0.4633 | Sh1.16 | -51.44% |
| 100 MIC | Sh0.9266 | Sh2.32 | -51.44% |
| 500 MIC | Sh4.63 | Sh11.59 | -51.44% |
| 1000 MIC | Sh9.27 | Sh23.18 | -51.44% |
MIC to KES Today vs. 1 year ago
| Amount | 15:07 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MIC | Sh0.004633 | Sh0.04711 | -86.61% |
| 1 MIC | Sh0.009266 | Sh0.09422 | -86.61% |
| 5 MIC | Sh0.04633 | Sh0.4711 | -86.61% |
| 10 MIC | Sh0.09266 | Sh0.9422 | -86.61% |
| 50 MIC | Sh0.4633 | Sh4.71 | -86.61% |
| 100 MIC | Sh0.9266 | Sh9.42 | -86.61% |
| 500 MIC | Sh4.63 | Sh47.11 | -86.61% |
| 1000 MIC | Sh9.27 | Sh94.22 | -86.61% |
How to convert MIC to KES
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert MIC to KES
Use a variety of payment options to buy Magic Internet Cash on Bitget. We'll show you how.
Buy MIC (or USDT) for KES (Kenyan Shilling) offers
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.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell MIC (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of MIC to KES. However, you can first exchange MIC 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 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.
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.
Magic Internet Cash price prediction
What will the price of MIC be in 2026?
Based on MIC's historical price performance prediction model, the price of MIC is projected to reach $0.{4}9757 in 2026.
What will the price of MIC be in 2031?
In 2031, the MIC price is expected to change by +46.00%. By the end of 2031, the MIC price is projected to reach $0.0001842, with a cumulative ROI of +157.41%.
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Popular Magic Internet Cash Converter
Check out these popular currency conversions of Magic Internet Cash to several fiat currencies.
MIC to TWD
1 MIC to NT$ 0.002356 TWD
MIC to KES
1 MIC to Sh 0.009266 KES
MIC to CNY
1 MIC to ¥ 0.0005251 CNY
MIC to USD
1 MIC to $ 0.{4}7155 USD
MIC to EUR
1 MIC to € 0.{4}6551 EUR
MIC to CAD
1 MIC to $ 0.0001012 CAD
MIC to KRW
1 MIC to ₩ 0.1054 KRW
MIC to JPY
1 MIC to ¥ 0.01055 JPY
MIC to GBP
1 MIC to £ 0.{4}5595 GBP
MIC to BRL
1 MIC to R$ 0.0004215 BRL
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Magic Internet Cash.
MLK to KES
1 MLK to Sh 21.67 KES
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1 BETA to Sh 0.9742 KES
CREAM to KES
1 CREAM to Sh 220.58 KES
TROY to KES
1 TROY to Sh 0.05357 KES
PROS to KES
1 PROS to Sh 13.97 KES
NULS to KES
1 NULS to Sh 6.3 KES
VIDT to KES
1 VIDT to Sh 1.66 KES
FIRO to KES
1 FIRO to Sh 45.95 KES
BAL to KES
1 BAL to Sh 102.07 KES
CORE to KES
1 CORE to Sh 61.6 KES
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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 Magic Internet Cash 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 Magic Internet Cash 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 Magic Internet Cash 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.
