FRM
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 Ferrum Network(FRM) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 FRM at a value of 1 FRM for 1.36 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 Ferrum Network currency pair is the FRM to KES, with for Ferrum Network's currency code being FRM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
FRM to KES conversion rate trend
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In the past 1D, Ferrum Network has changed -6.88% to KES. Based on the trend and price charts, Ferrum Network(FRM) has changed -6.88% to KES while Kenyan Shilling(KES) has changed % to FRM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1.37 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh1.33 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh1.32 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy Ferrum 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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Ferrum Network (FRM)
Use a variety of payment options to buy Ferrum Network on Bitget. We'll show you how.
Buy FRM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of FRM with KES. However, you can buy USDT in Bitget P2P trading first, and then buy FRM 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 FRM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of FRM to KES. However, you can first exchange FRM 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 Ferrum Network to Kenyan Shilling?
Ferrum Network to Kenyan Shilling is falling this week.Ferrum Network's current market price is Sh 1.36 per FRM, with a total market cap of Sh 390,230,739.9 KES based on a circulating supply of 287,009,860 FRM. The trading volume of Ferrum Network has changed by +18.05% (Sh 9,483,233.82 KES) in the last 24 hours. Last trading day, FRM's trading volume was Sh 52,536,363.06.
Market cap
$3.03M
24h volume
$482.32K
Circulating supply
287.01M FRM
Conversion tables
The exchange rate of Ferrum Network is decreasing.1 FRM is currently valued at Sh 1.36 KES , which means buying 5 FRM will cost Sh 6.8 KES . Similarly, Sh1 KES can be traded for 0.7355 FRM, and Sh50 KES can be converted to 36.77 FRM, excluding any platform or gas fees.
The exchange rate of 1 FRM to Kenyan Shilling has changed by -8.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.88%, reaching a high of 1.49 KES and a low of 1.33 KES . One month ago, the value of 1 FRM was Sh 1.54 KES , which represents a -11.63% change from its current value. Over the last year, Ferrum Network has changed by , resulting in a change of -84.19% in its value.
-Sh
7.23KESFRM to KES
Amount
12:31 today
0.5 FRM
Sh0.6798
1 FRM
Sh1.36
5 FRM
Sh6.8
10 FRM
Sh13.6
50 FRM
Sh67.98
100 FRM
Sh135.96
500 FRM
Sh679.82
1000 FRM
Sh1,359.64
KES to FRM
Amount12:31 today
0.5KES0.3677 FRM
1KES0.7355 FRM
5KES3.68 FRM
10KES7.35 FRM
50KES36.77 FRM
100KES73.55 FRM
500KES367.74 FRM
1000KES735.49 FRM
Today vs. 24 hours ago
| Amount | 12:31 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRM | $0.005287 | $0.005677 | -6.88% |
| 1 FRM | $0.01057 | $0.01135 | -6.88% |
| 5 FRM | $0.05287 | $0.05677 | -6.88% |
| 10 FRM | $0.1057 | $0.1135 | -6.88% |
| 50 FRM | $0.5287 | $0.5677 | -6.88% |
| 100 FRM | $1.06 | $1.14 | -6.88% |
| 500 FRM | $5.29 | $5.68 | -6.88% |
| 1000 FRM | $10.57 | $11.35 | -6.88% |
Today vs. 1 month ago
| Amount | 12:31 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRM | $0.005287 | $0.005981 | -11.63% |
| 1 FRM | $0.01057 | $0.01196 | -11.63% |
| 5 FRM | $0.05287 | $0.05981 | -11.63% |
| 10 FRM | $0.1057 | $0.1196 | -11.63% |
| 50 FRM | $0.5287 | $0.5981 | -11.63% |
| 100 FRM | $1.06 | $1.2 | -11.63% |
| 500 FRM | $5.29 | $5.98 | -11.63% |
| 1000 FRM | $10.57 | $11.96 | -11.63% |
Today vs. 1 year ago
| Amount | 12:31 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRM | $0.005287 | $0.03339 | -84.19% |
| 1 FRM | $0.01057 | $0.06678 | -84.19% |
| 5 FRM | $0.05287 | $0.3339 | -84.19% |
| 10 FRM | $0.1057 | $0.6678 | -84.19% |
| 50 FRM | $0.5287 | $3.34 | -84.19% |
| 100 FRM | $1.06 | $6.68 | -84.19% |
| 500 FRM | $5.29 | $33.39 | -84.19% |
| 1000 FRM | $10.57 | $66.78 | -84.19% |
Ferrum Network price prediction
What will the price of FRM be in 2025?
Based on FRM's historical price performance prediction model, the price of FRM is projected to reach $0.02239 in 2025.
What will the price of FRM be in 2030?
In 2030, the FRM price is expected to change by +5.00%. By the end of 2030, the FRM price is projected to reach $0.04006, with a cumulative ROI of +267.54%.
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Popular Ferrum Network conversions
Check out these popular currency conversions of Ferrum Network to several fiat currencies.
Ferrum Network to USD
1 FRM to $ 0.01057 USD
Ferrum Network to GBP
1 FRM to £ 0.008410 GBP
Ferrum Network to EUR
1 FRM to € 0.01014 EUR
Ferrum Network to KRW
1 FRM to ₩ 15.29 KRW
Ferrum Network to CAD
1 FRM to $ 0.01518 CAD
Ferrum Network to AUD
1 FRM to $ 0.01691 AUD
Ferrum Network to JPY
1 FRM to ¥ 1.65 JPY
Ferrum Network to BRL
1 FRM to R$ 0.06435 BRL
Ferrum Network to CNY
1 FRM to ¥ 0.07716 CNY
Ferrum Network to TWD
1 FRM to NT$ 0.3450 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 Ferrum 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 Ferrum 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 Ferrum 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.
