ML
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 Mintlayer(ML) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 ML at a value of 1 ML for 16.05 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 Mintlayer currency pair is the ML to KES, with for Mintlayer's currency code being ML. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
ML to KES conversion rate trend
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In the past 1D, Mintlayer has changed -4.02% to KES. Based on the trend and price charts, Mintlayer(ML) has changed -4.02% to KES while Kenyan Shilling(KES) has changed % to ML in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh16.41 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh16.13 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/18 00:00:21(UTC+0)
How to buy Mintlayer
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Mintlayer (ML)
Use a variety of payment options to buy Mintlayer on Bitget. We'll show you how.
Learn MoreBuy ML (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of ML with KES. However, you can buy USDT in Bitget P2P trading first, and then buy ML 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 ML (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of ML to KES. However, you can first exchange ML 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 Mintlayer to Kenyan Shilling?
Mintlayer to Kenyan Shilling is falling this week.Mintlayer's current market price is Sh 16.05 per ML, with a total market cap of Sh 1,030,489,445.35 KES based on a circulating supply of 64,198,610 ML. The trading volume of Mintlayer has changed by -10.44% (Sh -15,255,890.97 KES) in the last 24 hours. Last trading day, ML's trading volume was Sh 146,133,423.08.
Market cap
$7.98M
24h volume
$1.01M
Circulating supply
64.20M ML
Conversion tables
The exchange rate of Mintlayer is increasing.1 ML is currently valued at Sh 16.05 KES , which means buying 5 ML will cost Sh 80.26 KES . Similarly, Sh1 KES can be traded for 0.06230 ML, and Sh50 KES can be converted to 3.11 ML, excluding any platform or gas fees.
The exchange rate of 1 ML to Kenyan Shilling has changed by -29.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.02%, reaching a high of 17.23 KES and a low of 15.95 KES . One month ago, the value of 1 ML was Sh 12.73 KES , which represents a +26.10% change from its current value. Over the last year, Mintlayer has changed by , resulting in a change of -69.90% in its value.
-Sh
37.28KESML to KES
Amount
04:51 am today
0.5 ML
Sh8.03
1 ML
Sh16.05
5 ML
Sh80.26
10 ML
Sh160.52
50 ML
Sh802.58
100 ML
Sh1,605.16
500 ML
Sh8,025.79
1000 ML
Sh16,051.59
KES to ML
Amount04:51 am today
0.5KES0.03115 ML
1KES0.06230 ML
5KES0.3115 ML
10KES0.6230 ML
50KES3.11 ML
100KES6.23 ML
500KES31.15 ML
1000KES62.3 ML
Today vs. 24 hours ago
| Amount | 04:51 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ML | $0.06216 | $0.06476 | -4.02% |
| 1 ML | $0.1243 | $0.1295 | -4.02% |
| 5 ML | $0.6216 | $0.6476 | -4.02% |
| 10 ML | $1.24 | $1.3 | -4.02% |
| 50 ML | $6.22 | $6.48 | -4.02% |
| 100 ML | $12.43 | $12.95 | -4.02% |
| 500 ML | $62.16 | $64.76 | -4.02% |
| 1000 ML | $124.32 | $129.53 | -4.02% |
Today vs. 1 month ago
| Amount | 04:51 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ML | $0.06216 | $0.04930 | +26.10% |
| 1 ML | $0.1243 | $0.09859 | +26.10% |
| 5 ML | $0.6216 | $0.4930 | +26.10% |
| 10 ML | $1.24 | $0.9859 | +26.10% |
| 50 ML | $6.22 | $4.93 | +26.10% |
| 100 ML | $12.43 | $9.86 | +26.10% |
| 500 ML | $62.16 | $49.3 | +26.10% |
| 1000 ML | $124.32 | $98.59 | +26.10% |
Today vs. 1 year ago
| Amount | 04:51 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ML | $0.06216 | $0.2065 | -69.90% |
| 1 ML | $0.1243 | $0.4130 | -69.90% |
| 5 ML | $0.6216 | $2.07 | -69.90% |
| 10 ML | $1.24 | $4.13 | -69.90% |
| 50 ML | $6.22 | $20.65 | -69.90% |
| 100 ML | $12.43 | $41.3 | -69.90% |
| 500 ML | $62.16 | $206.52 | -69.90% |
| 1000 ML | $124.32 | $413.04 | -69.90% |
Mintlayer price prediction
What will the price of ML be in 2025?
Based on ML's historical price performance prediction model, the price of ML is projected to reach $0.2016 in 2025.
What will the price of ML be in 2030?
In 2030, the ML price is expected to change by +1.00%. By the end of 2030, the ML price is projected to reach $0.2890, with a cumulative ROI of +95.83%.
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Popular Mintlayer conversions
Check out these popular currency conversions of Mintlayer to several fiat currencies.
Mintlayer to USD
1 ML to $ 0.1243 USD
Mintlayer to GBP
1 ML to £ 0.09791 GBP
Mintlayer to EUR
1 ML to € 0.1184 EUR
Mintlayer to KRW
1 ML to ₩ 178.6 KRW
Mintlayer to CAD
1 ML to $ 0.1781 CAD
Mintlayer to AUD
1 ML to $ 0.1968 AUD
Mintlayer to JPY
1 ML to ¥ 19.1 JPY
Mintlayer to BRL
1 ML to R$ 0.7590 BRL
Mintlayer to CNY
1 ML to ¥ 0.9056 CNY
Mintlayer to TWD
1 ML to NT$ 4.04 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Mintlayer.
XRP to KES
1 XRP to Sh 321.38 KES
Solana to KES
1 SOL to Sh 27,929.23 KES
Litecoin to KES
1 LTC to Sh 15,767.88 KES
Stellar to KES
1 XLM to Sh 54.52 KES
Hedera to KES
1 HBAR to Sh 37.39 KES
Cronos to KES
1 CRO to Sh 23.62 KES
Bonk to KES
1 BONK to Sh 0.004525 KES
VeChain to KES
1 VET to Sh 6.97 KES
Algorand to KES
1 ALGO to Sh 51.23 KES
NEAR Protocol to KES
1 NEAR to Sh 798.95 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 Mintlayer 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 Mintlayer 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 Mintlayer 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.
