ROOT
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 The Root Network(ROOT) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 ROOT at a value of 1 ROOT for 3.55 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 The Root Network currency pair is the ROOT to KES, with for The Root Network's currency code being ROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
ROOT to KES conversion rate trend
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In the past 1D, The Root Network has changed +13.53% to KES. Based on the trend and price charts, The Root Network(ROOT) has changed +13.53% to KES while Kenyan Shilling(KES) has changed % to ROOT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh3.29 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | Sh3.32 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh3.34 | 0.1000% / 0.1000% | Yes |
Bybit | Sh3.33 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh3.32 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/22 00:00:23(UTC+0)
How to buy The Root Network
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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy The Root Network (ROOT)
Use a variety of payment options to buy The Root Network on Bitget. We'll show you how.
Learn MoreBuy ROOT (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of ROOT with KES. However, you can buy USDT in Bitget P2P trading first, and then buy ROOT 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 ROOT (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of ROOT to KES. However, you can first exchange ROOT 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 The Root Network to Kenyan Shilling?
The Root Network to Kenyan Shilling is rising this week.The Root Network's current market price is Sh 3.55 per ROOT, with a total market cap of Sh 5,135,773,816.69 KES based on a circulating supply of 1,446,820,500 ROOT. The trading volume of The Root Network has changed by -21.24% (Sh -189,099,696.11 KES) in the last 24 hours. Last trading day, ROOT's trading volume was Sh 890,232,826.66.
Market cap
$39.66M
24h volume
$5.41M
Circulating supply
1.45B ROOT
Conversion tables
The exchange rate of The Root Network is increasing.1 ROOT is currently valued at Sh 3.55 KES , which means buying 5 ROOT will cost Sh 17.75 KES . Similarly, Sh1 KES can be traded for 0.2817 ROOT, and Sh50 KES can be converted to 14.09 ROOT, excluding any platform or gas fees.
The exchange rate of 1 ROOT to Kenyan Shilling has changed by +32.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by +13.53%, reaching a high of 3.59 KES and a low of 2.98 KES . One month ago, the value of 1 ROOT was Sh 2.57 KES , which represents a +38.14% change from its current value. Over the last year, The Root Network has changed by , resulting in a change of -11.64% in its value.
-Sh
0.4677KESROOT to KES
Amount
07:33 am today
0.5 ROOT
Sh1.77
1 ROOT
Sh3.55
5 ROOT
Sh17.75
10 ROOT
Sh35.5
50 ROOT
Sh177.48
100 ROOT
Sh354.97
500 ROOT
Sh1,774.85
1000 ROOT
Sh3,549.7
KES to ROOT
Amount07:33 am today
0.5KES0.1409 ROOT
1KES0.2817 ROOT
5KES1.41 ROOT
10KES2.82 ROOT
50KES14.09 ROOT
100KES28.17 ROOT
500KES140.86 ROOT
1000KES281.71 ROOT
Today vs. 24 hours ago
| Amount | 07:33 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ROOT | $0.01371 | $0.01207 | +13.53% |
| 1 ROOT | $0.02741 | $0.02414 | +13.53% |
| 5 ROOT | $0.1371 | $0.1207 | +13.53% |
| 10 ROOT | $0.2741 | $0.2414 | +13.53% |
| 50 ROOT | $1.37 | $1.21 | +13.53% |
| 100 ROOT | $2.74 | $2.41 | +13.53% |
| 500 ROOT | $13.71 | $12.07 | +13.53% |
| 1000 ROOT | $27.41 | $24.14 | +13.53% |
Today vs. 1 month ago
| Amount | 07:33 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ROOT | $0.01371 | $0.009920 | +38.14% |
| 1 ROOT | $0.02741 | $0.01984 | +38.14% |
| 5 ROOT | $0.1371 | $0.09920 | +38.14% |
| 10 ROOT | $0.2741 | $0.1984 | +38.14% |
| 50 ROOT | $1.37 | $0.9920 | +38.14% |
| 100 ROOT | $2.74 | $1.98 | +38.14% |
| 500 ROOT | $13.71 | $9.92 | +38.14% |
| 1000 ROOT | $27.41 | $19.84 | +38.14% |
Today vs. 1 year ago
| Amount | 07:33 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ROOT | $0.01371 | $0.01551 | -11.64% |
| 1 ROOT | $0.02741 | $0.03102 | -11.64% |
| 5 ROOT | $0.1371 | $0.1551 | -11.64% |
| 10 ROOT | $0.2741 | $0.3102 | -11.64% |
| 50 ROOT | $1.37 | $1.55 | -11.64% |
| 100 ROOT | $2.74 | $3.1 | -11.64% |
| 500 ROOT | $13.71 | $15.51 | -11.64% |
| 1000 ROOT | $27.41 | $31.02 | -11.64% |
The Root Network price prediction
What will the price of ROOT be in 2025?
Based on ROOT's historical price performance prediction model, the price of ROOT is projected to reach $0.03343 in 2025.
What will the price of ROOT be in 2030?
In 2030, the ROOT price is expected to change by -9.00%. By the end of 2030, the ROOT price is projected to reach $0.05662, with a cumulative ROI of +131.48%.
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Popular The Root Network conversions
Check out these popular currency conversions of The Root Network to several fiat currencies.
The Root Network to USD
1 ROOT to $ 0.02741 USD
The Root Network to GBP
1 ROOT to £ 0.02183 GBP
The Root Network to EUR
1 ROOT to € 0.02619 EUR
The Root Network to KRW
1 ROOT to ₩ 38.47 KRW
The Root Network to CAD
1 ROOT to $ 0.03833 CAD
The Root Network to AUD
1 ROOT to $ 0.04223 AUD
The Root Network to JPY
1 ROOT to ¥ 4.24 JPY
The Root Network to BRL
1 ROOT to R$ 0.1594 BRL
The Root Network to CNY
1 ROOT to ¥ 0.1987 CNY
The Root Network to TWD
1 ROOT to NT$ 0.8931 TWD
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1 SOL to Sh 33,718.73 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 The Root 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 The Root 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 The Root 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.
