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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.02%
BTC/USDT$82915.85 (-0.81%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (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 share62.02%
BTC/USDT$82915.85 (-0.81%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
NIM
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 Nim Network(NIM) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 NIM at a value of 1 NIM for 0.55 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 Nim Network currency pair is the NIM to KES, with for Nim Network's currency code being NIM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
NIM to KES conversion rate trend
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In the past 1D, Nim Network has changed +0.15% to KES. Based on the trend and price charts, Nim Network(NIM) has changed +0.15% to KES while Kenyan Shilling(KES) has changed % to NIM in the last 24 hours.
NIM to KES market statistics
NIM/KES:
Sh 0.5488
NIM 24h volume:
Sh 307,343.94
NIM market cap:
--
NIM circulating supply:
0 NIM
More info about Nim Network on Bitget
Current NIM to KES exchange rate
Nim Network to Kenyan Shilling is rising this week.Nim Network's current market price is Sh 0.5488 per NIM, with a total market cap of Sh 0 KES based on a circulating supply of -- NIM. The trading volume of Nim Network has changed by -0.25% (Sh -768.43 KES) in the last 24 hours. Last trading day, NIM's trading volume was Sh 308,112.37.
NIM to KES Conversion tables
The exchange rate of Nim Network is decreasing.1 NIM is currently valued at Sh 0.5488 KES , which means buying 5 NIM will cost Sh 2.74 KES . Similarly, Sh1 KES can be traded for 1.82 NIM, and Sh50 KES can be converted to 91.1 NIM, excluding any platform or gas fees.
The exchange rate of 1 NIM to Kenyan Shilling has changed by +0.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.15%, reaching a high of 0.5488 KES and a low of 0.5480 KES . One month ago, the value of 1 NIM was Sh 0.7051 KES , which represents a -22.16% change from its current value. Over the last year, Nim Network has changed by , resulting in a change of -95.02% in its value.
-Sh
10.46KESNIM to KES
Amount
08:20 am today
0.5 NIM
Sh0.2744
1 NIM
Sh0.5488
5 NIM
Sh2.74
10 NIM
Sh5.49
50 NIM
Sh27.44
100 NIM
Sh54.88
500 NIM
Sh274.42
1000 NIM
Sh548.84
KES to NIM
Amount08:20 am today
0.5KES0.9110 NIM
1KES1.82 NIM
5KES9.11 NIM
10KES18.22 NIM
50KES91.1 NIM
100KES182.2 NIM
500KES911.01 NIM
1000KES1,822.03 NIM
NIM to KES Today vs. 24 hours ago
| Amount | 08:20 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NIM | Sh0.2744 | Sh0.2740 | +0.15% |
| 1 NIM | Sh0.5488 | Sh0.5480 | +0.15% |
| 5 NIM | Sh2.74 | Sh2.74 | +0.15% |
| 10 NIM | Sh5.49 | Sh5.48 | +0.15% |
| 50 NIM | Sh27.44 | Sh27.4 | +0.15% |
| 100 NIM | Sh54.88 | Sh54.8 | +0.15% |
| 500 NIM | Sh274.42 | Sh274 | +0.15% |
| 1000 NIM | Sh548.84 | Sh547.99 | +0.15% |
NIM to KES Today vs. 1 month ago
| Amount | 08:20 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NIM | Sh0.2744 | Sh0.3525 | -22.16% |
| 1 NIM | Sh0.5488 | Sh0.7051 | -22.16% |
| 5 NIM | Sh2.74 | Sh3.53 | -22.16% |
| 10 NIM | Sh5.49 | Sh7.05 | -22.16% |
| 50 NIM | Sh27.44 | Sh35.25 | -22.16% |
| 100 NIM | Sh54.88 | Sh70.51 | -22.16% |
| 500 NIM | Sh274.42 | Sh352.53 | -22.16% |
| 1000 NIM | Sh548.84 | Sh705.06 | -22.16% |
NIM to KES Today vs. 1 year ago
| Amount | 08:20 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NIM | Sh0.2744 | Sh5.51 | -95.02% |
| 1 NIM | Sh0.5488 | Sh11.01 | -95.02% |
| 5 NIM | Sh2.74 | Sh55.06 | -95.02% |
| 10 NIM | Sh5.49 | Sh110.12 | -95.02% |
| 50 NIM | Sh27.44 | Sh550.62 | -95.02% |
| 100 NIM | Sh54.88 | Sh1,101.24 | -95.02% |
| 500 NIM | Sh274.42 | Sh5,506.21 | -95.02% |
| 1000 NIM | Sh548.84 | Sh11,012.42 | -95.02% |
How to convert NIM to KES
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert NIM to KES
Use a variety of payment options to buy Nim Network on Bitget. We'll show you how.
Buy NIM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of NIM with KES. However, you can buy USDT in Bitget P2P trading first, and then buy NIM 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 NIM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of NIM to KES. However, you can first exchange NIM 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 NIM to KES?
There are many factors that affect the relationship between Nim Network 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 NIM/KES. When there is positive news in the market about the widespread adoption of NIM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NIM/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NIM/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 NIM/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 Nim Network and adjust their investment strategies accordingly in the evolving market.
Nim Network price prediction
What will the price of NIM be in 2026?
Based on NIM's historical price performance prediction model, the price of NIM is projected to reach $0.005621 in 2026.
What will the price of NIM be in 2031?
In 2031, the NIM price is expected to change by +44.00%. By the end of 2031, the NIM price is projected to reach $0.02031, with a cumulative ROI of +381.19%.
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Popular Nim Network Converter
Check out these popular currency conversions of Nim Network to several fiat currencies.
NIM to TWD
1 NIM to NT$ 0.1401 TWD
NIM to KES
1 NIM to Sh 0.5452 KES
NIM to CNY
1 NIM to ¥ 0.03074 CNY
NIM to USD
1 NIM to $ 0.004220 USD
NIM to EUR
1 NIM to € 0.003850 EUR
NIM to CAD
1 NIM to $ 0.006004 CAD
NIM to KRW
1 NIM to ₩ 6.16 KRW
NIM to JPY
1 NIM to ¥ 0.6206 JPY
NIM to GBP
1 NIM to £ 0.003277 GBP
NIM to BRL
1 NIM to R$ 0.02466 BRL
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1 PI to Sh 85.19 KES
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1 FIL to Sh 343.81 KES
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1 ATOM to Sh 611.61 KES
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1 USUAL to Sh 15.4 KES
BTC to KES
1 BTC to Sh 10,777,447.59 KES
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1 CRTS to Sh 0.04491 KES
ZRO to KES
1 ZRO to Sh 372.15 KES
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1 VIDT to Sh 3.01 KES
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1 AMP to Sh 0.4657 KES
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1 BERA to Sh 741.9 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 Nim Network 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 Nim Network 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 Nim Network 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.
