SILO
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 Silo Finance(SILO) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 SILO at a value of 1 SILO for 4.78 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 Silo Finance currency pair is the SILO to KES, with for Silo Finance's currency code being SILO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
SILO to KES conversion rate trend
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In the past 1D, Silo Finance has changed -1.12% to KES. Based on the trend and price charts, Silo Finance(SILO) has changed -1.12% to KES while Kenyan Shilling(KES) has changed % to SILO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh4.76 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/29 08:32:25(UTC+0)
How to buy Silo Finance
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.
Buy Silo Finance (SILO)
Use a variety of payment options to buy Silo Finance on Bitget. We'll show you how.
Buy SILO (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of SILO with KES. However, you can buy USDT in Bitget P2P trading first, and then buy SILO 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 SILO (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of SILO to KES. However, you can first exchange SILO 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 Silo Finance to Kenyan Shilling?
Silo Finance to Kenyan Shilling is rising this week.Silo Finance's current market price is Sh 4.78 per SILO, with a total market cap of Sh 0 KES based on a circulating supply of -- SILO. The trading volume of Silo Finance has changed by -38.54% (Sh -5,032,509.03 KES) in the last 24 hours. Last trading day, SILO's trading volume was Sh 13,059,410.22.
Market cap
$0
24h volume
$61.89K
Circulating supply
0 SILO
Conversion tables
The exchange rate of Silo Finance is decreasing.1 SILO is currently valued at Sh 4.78 KES , which means buying 5 SILO will cost Sh 23.91 KES . Similarly, Sh1 KES can be traded for 0.2091 SILO, and Sh50 KES can be converted to 10.46 SILO, excluding any platform or gas fees.
The exchange rate of 1 SILO to Kenyan Shilling has changed by +4.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.12%, reaching a high of 4.96 KES and a low of 4.73 KES . One month ago, the value of 1 SILO was Sh 5.19 KES , which represents a -7.78% change from its current value. Over the last year, Silo Finance has changed by , resulting in a change of -50.15% in its value.
-Sh
4.82KESSILO to KES
Amount
11:51 am today
0.5 SILO
Sh2.39
1 SILO
Sh4.78
5 SILO
Sh23.91
10 SILO
Sh47.82
50 SILO
Sh239.09
100 SILO
Sh478.19
500 SILO
Sh2,390.94
1000 SILO
Sh4,781.88
KES to SILO
Amount11:51 am today
0.5KES0.1046 SILO
1KES0.2091 SILO
5KES1.05 SILO
10KES2.09 SILO
50KES10.46 SILO
100KES20.91 SILO
500KES104.56 SILO
1000KES209.12 SILO
Today vs. 24 hours ago
| Amount | 11:51 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SILO | $0.01843 | $0.01864 | -1.12% |
| 1 SILO | $0.03687 | $0.03729 | -1.12% |
| 5 SILO | $0.1843 | $0.1864 | -1.12% |
| 10 SILO | $0.3687 | $0.3729 | -1.12% |
| 50 SILO | $1.84 | $1.86 | -1.12% |
| 100 SILO | $3.69 | $3.73 | -1.12% |
| 500 SILO | $18.43 | $18.64 | -1.12% |
| 1000 SILO | $36.87 | $37.29 | -1.12% |
Today vs. 1 month ago
| Amount | 11:51 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SILO | $0.01843 | $0.01999 | -7.78% |
| 1 SILO | $0.03687 | $0.03998 | -7.78% |
| 5 SILO | $0.1843 | $0.1999 | -7.78% |
| 10 SILO | $0.3687 | $0.3998 | -7.78% |
| 50 SILO | $1.84 | $2 | -7.78% |
| 100 SILO | $3.69 | $4 | -7.78% |
| 500 SILO | $18.43 | $19.99 | -7.78% |
| 1000 SILO | $36.87 | $39.98 | -7.78% |
Today vs. 1 year ago
| Amount | 11:51 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SILO | $0.01843 | $0.03700 | -50.15% |
| 1 SILO | $0.03687 | $0.07400 | -50.15% |
| 5 SILO | $0.1843 | $0.3700 | -50.15% |
| 10 SILO | $0.3687 | $0.7400 | -50.15% |
| 50 SILO | $1.84 | $3.7 | -50.15% |
| 100 SILO | $3.69 | $7.4 | -50.15% |
| 500 SILO | $18.43 | $37 | -50.15% |
| 1000 SILO | $36.87 | $74 | -50.15% |
Silo Finance price prediction
What will the price of SILO be in 2025?
Based on SILO's historical price performance prediction model, the price of SILO is projected to reach $0.05122 in 2025.
What will the price of SILO be in 2030?
In 2030, the SILO price is expected to change by -18.00%. By the end of 2030, the SILO price is projected to reach $0.04832, with a cumulative ROI of +29.64%.
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Popular Silo Finance conversions
Check out these popular currency conversions of Silo Finance to several fiat currencies.
Silo Finance to USD
1 SILO to $ 0.03687 USD
Silo Finance to GBP
1 SILO to £ 0.02905 GBP
Silo Finance to EUR
1 SILO to € 0.03490 EUR
Silo Finance to KRW
1 SILO to ₩ 51.49 KRW
Silo Finance to CAD
1 SILO to $ 0.05161 CAD
Silo Finance to AUD
1 SILO to $ 0.05666 AUD
Silo Finance to JPY
1 SILO to ¥ 5.54 JPY
Silo Finance to BRL
1 SILO to R$ 0.2228 BRL
Silo Finance to CNY
1 SILO to ¥ 0.2670 CNY
Silo Finance to TWD
1 SILO to NT$ 1.2 TWD
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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 Silo 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 Silo 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 Silo 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.
