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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.90%
New listings on Bitget: Pi Network
BTC/USDT$82027.96 (-5.06%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (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 share61.90%
New listings on Bitget: Pi Network
BTC/USDT$82027.96 (-5.06%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
RAI
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 Rai Reflex Index(RAI) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 RAI at a value of 1 RAI for 389.38 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 Rai Reflex Index currency pair is the RAI to KES, with for Rai Reflex Index's currency code being RAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
RAI to KES conversion rate trend
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In the past 1D, Rai Reflex Index has changed +2.88% to KES. Based on the trend and price charts, Rai Reflex Index(RAI) has changed +2.88% to KES while Kenyan Shilling(KES) has changed % to RAI in the last 24 hours.
RAI to KES market statistics
RAI/KES:
Sh 389.38
RAI 24h volume:
Sh 198,736.29
RAI market cap:
Sh 323,468,830.87
RAI circulating supply:
830.72K RAI
More info about Rai Reflex Index on Bitget
Current RAI to KES exchange rate
Rai Reflex Index to Kenyan Shilling is falling this week.Rai Reflex Index's current market price is Sh 389.38 per RAI, with a total market cap of Sh 323,468,830.87 KES based on a circulating supply of 830,724.44 RAI. The trading volume of Rai Reflex Index has changed by -90.72% (Sh -1,942,357.10 KES) in the last 24 hours. Last trading day, RAI's trading volume was Sh 2,141,093.39.
RAI to KES Conversion tables
The exchange rate of Rai Reflex Index is decreasing.1 RAI is currently valued at Sh 389.38 KES , which means buying 5 RAI will cost Sh 1,946.91 KES . Similarly, Sh1 KES can be traded for 0.002568 RAI, and Sh50 KES can be converted to 0.1284 RAI, excluding any platform or gas fees.
The exchange rate of 1 RAI to Kenyan Shilling has changed by -0.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.88%, reaching a high of 390.66 KES and a low of 379.12 KES . One month ago, the value of 1 RAI was Sh 391.81 KES , which represents a -0.62% change from its current value. Over the last year, Rai Reflex Index has changed by , resulting in a change of +7.42% in its value.
+Sh
26.9KESRAI to KES
Amount
18:56 today
0.5 RAI
Sh194.69
1 RAI
Sh389.38
5 RAI
Sh1,946.91
10 RAI
Sh3,893.82
50 RAI
Sh19,469.08
100 RAI
Sh38,938.16
500 RAI
Sh194,690.82
1000 RAI
Sh389,381.65
KES to RAI
Amount18:56 today
0.5KES0.001284 RAI
1KES0.002568 RAI
5KES0.01284 RAI
10KES0.02568 RAI
50KES0.1284 RAI
100KES0.2568 RAI
500KES1.28 RAI
1000KES2.57 RAI
RAI to KES Today vs. 24 hours ago
| Amount | 18:56 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAI | Sh194.69 | Sh189.23 | +2.88% |
| 1 RAI | Sh389.38 | Sh378.47 | +2.88% |
| 5 RAI | Sh1,946.91 | Sh1,892.34 | +2.88% |
| 10 RAI | Sh3,893.82 | Sh3,784.69 | +2.88% |
| 50 RAI | Sh19,469.08 | Sh18,923.44 | +2.88% |
| 100 RAI | Sh38,938.16 | Sh37,846.88 | +2.88% |
| 500 RAI | Sh194,690.82 | Sh189,234.39 | +2.88% |
| 1000 RAI | Sh389,381.65 | Sh378,468.78 | +2.88% |
RAI to KES Today vs. 1 month ago
| Amount | 18:56 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAI | Sh194.69 | Sh195.91 | -0.62% |
| 1 RAI | Sh389.38 | Sh391.81 | -0.62% |
| 5 RAI | Sh1,946.91 | Sh1,959.06 | -0.62% |
| 10 RAI | Sh3,893.82 | Sh3,918.12 | -0.62% |
| 50 RAI | Sh19,469.08 | Sh19,590.58 | -0.62% |
| 100 RAI | Sh38,938.16 | Sh39,181.16 | -0.62% |
| 500 RAI | Sh194,690.82 | Sh195,905.81 | -0.62% |
| 1000 RAI | Sh389,381.65 | Sh391,811.62 | -0.62% |
RAI to KES Today vs. 1 year ago
| Amount | 18:56 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAI | Sh194.69 | Sh181.24 | +7.42% |
| 1 RAI | Sh389.38 | Sh362.49 | +7.42% |
| 5 RAI | Sh1,946.91 | Sh1,812.43 | +7.42% |
| 10 RAI | Sh3,893.82 | Sh3,624.87 | +7.42% |
| 50 RAI | Sh19,469.08 | Sh18,124.33 | +7.42% |
| 100 RAI | Sh38,938.16 | Sh36,248.65 | +7.42% |
| 500 RAI | Sh194,690.82 | Sh181,243.25 | +7.42% |
| 1000 RAI | Sh389,381.65 | Sh362,486.51 | +7.42% |
How to convert RAI to KES
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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 identity by entering your personal information and uploading a valid photo ID.
Convert RAI to KES
Use a variety of payment options to buy Rai Reflex Index on Bitget. We'll show you how.
Buy RAI (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of RAI with KES. However, you can buy USDT in Bitget P2P trading first, and then buy RAI 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 RAI (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of RAI to KES. However, you can first exchange RAI 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 RAI to KES?
There are many factors that affect the relationship between Rai Reflex Index 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 RAI/KES. When there is positive news in the market about the widespread adoption of RAI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RAI/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RAI/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 RAI/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 Rai Reflex Index and adjust their investment strategies accordingly in the evolving market.
Rai Reflex Index price prediction
What will the price of RAI be in 2026?
Based on RAI's historical price performance prediction model, the price of RAI is projected to reach $3.46 in 2026.
What will the price of RAI be in 2031?
In 2031, the RAI price is expected to change by 0.00%. By the end of 2031, the RAI price is projected to reach $2.96, with a cumulative ROI of -1.89%.
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Popular Rai Reflex Index Converter
Check out these popular currency conversions of Rai Reflex Index to several fiat currencies.
RAI to TWD
1 RAI to NT$ 99.59 TWD
RAI to KES
1 RAI to Sh 389.38 KES
RAI to CNY
1 RAI to ¥ 21.95 CNY
RAI to USD
1 RAI to $ 3.01 USD
RAI to EUR
1 RAI to € 2.73 EUR
RAI to CAD
1 RAI to $ 4.24 CAD
RAI to KRW
1 RAI to ₩ 4,373.28 KRW
RAI to JPY
1 RAI to ¥ 440.31 JPY
RAI to GBP
1 RAI to £ 2.3 GBP
RAI to BRL
1 RAI to R$ 16.9 BRL
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Explore other cryptocurrencies based on your interest in Rai Reflex Index.
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1 ETH to Sh 230,809.6 KES
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1 SOL to Sh 14,894.94 KES
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1 XRP to Sh 263.14 KES
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1 BTC to Sh 10,596,637.85 KES
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1 PI to Sh 74.13 KES
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1 BNB to Sh 75,960.69 KES
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1 TRUMP to Sh 1,170.82 KES
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1 ADA to Sh 82.03 KES
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1 DOGE to Sh 20.48 KES
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1 SUI to Sh 289.26 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 Rai Reflex Index 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 Rai Reflex Index 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 Rai Reflex Index 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.
