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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.06%
BTC/USDT$82921.01 (-1.06%)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 share62.06%
BTC/USDT$82921.01 (-1.06%)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
REF
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 Ref Finance(REF) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 REF at a value of 1 REF for 10.01 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 Ref Finance currency pair is the REF to KES, with for Ref Finance's currency code being REF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
REF to KES conversion rate trend
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In the past 1D, Ref Finance has changed -0.04% to KES. Based on the trend and price charts, Ref Finance(REF) has changed -0.04% to KES while Kenyan Shilling(KES) has changed % to REF in the last 24 hours.
REF to KES market statistics
REF/KES:
Sh 10.01
REF 24h volume:
Sh 8,146,140.43
REF market cap:
Sh 375,351,203.46
REF circulating supply:
37.50M REF
More info about Ref Finance on Bitget
Current REF to KES exchange rate
Ref Finance to Kenyan Shilling is falling this week.Ref Finance's current market price is Sh 10.01 per REF, with a total market cap of Sh 375,351,203.46 KES based on a circulating supply of 37,499,150 REF. The trading volume of Ref Finance has changed by -9.61% (Sh -866,223.34 KES) in the last 24 hours. Last trading day, REF's trading volume was Sh 9,012,363.78.
REF to KES Conversion tables
The exchange rate of Ref Finance is decreasing.1 REF is currently valued at Sh 10.01 KES , which means buying 5 REF will cost Sh 50.05 KES . Similarly, Sh1 KES can be traded for 0.09990 REF, and Sh50 KES can be converted to 5 REF, excluding any platform or gas fees.
The exchange rate of 1 REF to Kenyan Shilling has changed by -14.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.04%, reaching a high of 10.17 KES and a low of 9.9 KES . One month ago, the value of 1 REF was Sh 14.78 KES , which represents a -32.22% change from its current value. Over the last year, Ref Finance has changed by , resulting in a change of -82.29% in its value.
-Sh
46.66KESREF to KES
Amount
10:14 am today
0.5 REF
Sh5
1 REF
Sh10.01
5 REF
Sh50.05
10 REF
Sh100.1
50 REF
Sh500.48
100 REF
Sh1,000.96
500 REF
Sh5,004.8
1000 REF
Sh10,009.59
KES to REF
Amount10:14 am today
0.5KES0.04995 REF
1KES0.09990 REF
5KES0.4995 REF
10KES0.9990 REF
50KES5 REF
100KES9.99 REF
500KES49.95 REF
1000KES99.9 REF
REF to KES Today vs. 24 hours ago
| Amount | 10:14 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 REF | Sh5 | Sh5.01 | -0.04% |
| 1 REF | Sh10.01 | Sh10.01 | -0.04% |
| 5 REF | Sh50.05 | Sh50.07 | -0.04% |
| 10 REF | Sh100.1 | Sh100.14 | -0.04% |
| 50 REF | Sh500.48 | Sh500.7 | -0.04% |
| 100 REF | Sh1,000.96 | Sh1,001.4 | -0.04% |
| 500 REF | Sh5,004.8 | Sh5,007.02 | -0.04% |
| 1000 REF | Sh10,009.59 | Sh10,014.05 | -0.04% |
REF to KES Today vs. 1 month ago
| Amount | 10:14 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 REF | Sh5 | Sh7.39 | -32.22% |
| 1 REF | Sh10.01 | Sh14.78 | -32.22% |
| 5 REF | Sh50.05 | Sh73.92 | -32.22% |
| 10 REF | Sh100.1 | Sh147.83 | -32.22% |
| 50 REF | Sh500.48 | Sh739.16 | -32.22% |
| 100 REF | Sh1,000.96 | Sh1,478.33 | -32.22% |
| 500 REF | Sh5,004.8 | Sh7,391.64 | -32.22% |
| 1000 REF | Sh10,009.59 | Sh14,783.29 | -32.22% |
REF to KES Today vs. 1 year ago
| Amount | 10:14 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 REF | Sh5 | Sh28.33 | -82.29% |
| 1 REF | Sh10.01 | Sh56.66 | -82.29% |
| 5 REF | Sh50.05 | Sh283.32 | -82.29% |
| 10 REF | Sh100.1 | Sh566.65 | -82.29% |
| 50 REF | Sh500.48 | Sh2,833.23 | -82.29% |
| 100 REF | Sh1,000.96 | Sh5,666.47 | -82.29% |
| 500 REF | Sh5,004.8 | Sh28,332.33 | -82.29% |
| 1000 REF | Sh10,009.59 | Sh56,664.66 | -82.29% |
How to convert REF to KES
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Convert REF to KES
Use a variety of payment options to buy Ref Finance on Bitget. We'll show you how.
Buy REF (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of REF with KES. However, you can buy USDT in Bitget P2P trading first, and then buy REF 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 REF (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of REF to KES. However, you can first exchange REF 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 REF to KES?
There are many factors that affect the relationship between Ref Finance 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 REF/KES. When there is positive news in the market about the widespread adoption of REF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of REF/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in REF/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 REF/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 Ref Finance and adjust their investment strategies accordingly in the evolving market.
Ref Finance price prediction
What will the price of REF be in 2026?
Based on REF's historical price performance prediction model, the price of REF is projected to reach $0.09408 in 2026.
What will the price of REF be in 2031?
In 2031, the REF price is expected to change by +45.00%. By the end of 2031, the REF price is projected to reach $0.2176, with a cumulative ROI of +182.60%.
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Popular Ref Finance Converter
Check out these popular currency conversions of Ref Finance to several fiat currencies.
REF to TWD
1 REF to NT$ 2.55 TWD
REF to KES
1 REF to Sh 10.01 KES
REF to CNY
1 REF to ¥ 0.5606 CNY
REF to USD
1 REF to $ 0.07697 USD
REF to EUR
1 REF to € 0.07022 EUR
REF to CAD
1 REF to $ 0.1095 CAD
REF to KRW
1 REF to ₩ 112.33 KRW
REF to JPY
1 REF to ¥ 11.32 JPY
REF to GBP
1 REF to £ 0.05976 GBP
REF to BRL
1 REF to R$ 0.4497 BRL
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Ref Finance.
PI to KES
1 PI to Sh 81.23 KES
FIL to KES
1 FIL to Sh 344.67 KES
ATOM to KES
1 ATOM to Sh 615.56 KES
USUAL to KES
1 USUAL to Sh 15.35 KES
BTC to KES
1 BTC to Sh 10,796,037.8 KES
CRTS to KES
1 CRTS to Sh 0.04532 KES
ZRO to KES
1 ZRO to Sh 368.4 KES
VIDT to KES
1 VIDT to Sh 3.04 KES
AMP to KES
1 AMP to Sh 0.4682 KES
BERA to KES
1 BERA to Sh 743.14 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 Ref Finance 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 Ref Finance 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 Ref Finance 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.
