MEF
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 MEFLEX(MEF) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MEF at a value of 1 MEF for 6.18 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 MEFLEX currency pair is the MEF to KES, with for MEFLEX's currency code being MEF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
MEF to KES conversion rate trend
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In the past 1D, MEFLEX has changed -0.38% to KES. Based on the trend and price charts, MEFLEX(MEF) has changed -0.38% to KES while Kenyan Shilling(KES) has changed % to MEF in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh6.21 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/22 00:33:03(UTC+0)
How to buy MEFLEX
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 MEFLEX (MEF)
Use a variety of payment options to buy MEFLEX on Bitget. We'll show you how.
Buy MEF (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of MEF with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MEF 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 MEF (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of MEF to KES. However, you can first exchange MEF 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 MEFLEX to Kenyan Shilling?
MEFLEX to Kenyan Shilling is falling this week.MEFLEX's current market price is Sh 6.18 per MEF, with a total market cap of Sh 0 KES based on a circulating supply of -- MEF. The trading volume of MEFLEX has changed by +1.38% (Sh 20,782.99 KES) in the last 24 hours. Last trading day, MEF's trading volume was Sh 1,505,359.37.
Market cap
$0
24h volume
$11.78K
Circulating supply
0 MEF
Conversion tables
The exchange rate of MEFLEX is decreasing.1 MEF is currently valued at Sh 6.18 KES , which means buying 5 MEF will cost Sh 30.91 KES . Similarly, Sh1 KES can be traded for 0.1618 MEF, and Sh50 KES can be converted to 8.09 MEF, excluding any platform or gas fees.
The exchange rate of 1 MEF to Kenyan Shilling has changed by -4.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.38%, reaching a high of 6.25 KES and a low of 6.17 KES . One month ago, the value of 1 MEF was Sh 20.08 KES , which represents a -69.21% change from its current value. Over the last year, MEFLEX has changed by , resulting in a change of -96.18% in its value.
-Sh
155.77KESMEF to KES
Amount
04:36 am today
0.5 MEF
Sh3.09
1 MEF
Sh6.18
5 MEF
Sh30.91
10 MEF
Sh61.81
50 MEF
Sh309.07
100 MEF
Sh618.15
500 MEF
Sh3,090.74
1000 MEF
Sh6,181.48
KES to MEF
Amount04:36 am today
0.5KES0.08089 MEF
1KES0.1618 MEF
5KES0.8089 MEF
10KES1.62 MEF
50KES8.09 MEF
100KES16.18 MEF
500KES80.89 MEF
1000KES161.77 MEF
Today vs. 24 hours ago
| Amount | 04:36 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MEF | $0.02387 | $0.02396 | -0.38% |
| 1 MEF | $0.04773 | $0.04792 | -0.38% |
| 5 MEF | $0.2387 | $0.2396 | -0.38% |
| 10 MEF | $0.4773 | $0.4792 | -0.38% |
| 50 MEF | $2.39 | $2.4 | -0.38% |
| 100 MEF | $4.77 | $4.79 | -0.38% |
| 500 MEF | $23.87 | $23.96 | -0.38% |
| 1000 MEF | $47.73 | $47.92 | -0.38% |
Today vs. 1 month ago
| Amount | 04:36 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MEF | $0.02387 | $0.07754 | -69.21% |
| 1 MEF | $0.04773 | $0.1551 | -69.21% |
| 5 MEF | $0.2387 | $0.7754 | -69.21% |
| 10 MEF | $0.4773 | $1.55 | -69.21% |
| 50 MEF | $2.39 | $7.75 | -69.21% |
| 100 MEF | $4.77 | $15.51 | -69.21% |
| 500 MEF | $23.87 | $77.54 | -69.21% |
| 1000 MEF | $47.73 | $155.08 | -69.21% |
Today vs. 1 year ago
| Amount | 04:36 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MEF | $0.02387 | $0.6253 | -96.18% |
| 1 MEF | $0.04773 | $1.25 | -96.18% |
| 5 MEF | $0.2387 | $6.25 | -96.18% |
| 10 MEF | $0.4773 | $12.51 | -96.18% |
| 50 MEF | $2.39 | $62.53 | -96.18% |
| 100 MEF | $4.77 | $125.06 | -96.18% |
| 500 MEF | $23.87 | $625.3 | -96.18% |
| 1000 MEF | $47.73 | $1,250.6 | -96.18% |
MEFLEX price prediction
What will the price of MEF be in 2025?
Based on MEF's historical price performance prediction model, the price of MEF is projected to reach $0.1578 in 2025.
What will the price of MEF be in 2030?
In 2030, the MEF price is expected to change by -3.00%. By the end of 2030, the MEF price is projected to reach $0.1826, with a cumulative ROI of +281.58%.
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Popular MEFLEX conversions
Check out these popular currency conversions of MEFLEX to several fiat currencies.
MEFLEX to USD
1 MEF to $ 0.04773 USD
MEFLEX to GBP
1 MEF to £ 0.03792 GBP
MEFLEX to EUR
1 MEF to € 0.04557 EUR
MEFLEX to KRW
1 MEF to ₩ 66.82 KRW
MEFLEX to CAD
1 MEF to $ 0.06668 CAD
MEFLEX to AUD
1 MEF to $ 0.07332 AUD
MEFLEX to JPY
1 MEF to ¥ 7.37 JPY
MEFLEX to BRL
1 MEF to R$ 0.2776 BRL
MEFLEX to CNY
1 MEF to ¥ 0.3459 CNY
MEFLEX to TWD
1 MEF to NT$ 1.55 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in MEFLEX.
MAD to KES
1 MAD to Sh -- KES
XRP to KES
1 XRP to Sh 181.07 KES
EGO to KES
1 EGO to Sh 2.6 KES
Sharpe AI to KES
1 SAI to Sh 4.85 KES
Solana to KES
1 SOL to Sh 33,951.58 KES
Bitcoin to KES
1 BTC to Sh 12,815,410.65 KES
Dogecoin to KES
1 DOGE to Sh 51.2 KES
Pepe to KES
1 PEPE to Sh 0.002820 KES
Peanut the Squirrel to KES
1 PNUT to Sh 169.62 KES
Sui to KES
1 SUI to Sh 469.88 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 MEFLEX 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 MEFLEX 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 MEFLEX 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.
