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base info Merlin Chain

Merlin Chain to Kenyan Shilling Converter and calculator

Convert 1Merlin Chain (MERL) to Kenyan Shilling (KES) equals Sh 37.01 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Merlin Chain(MERL) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MERL at a value of 1 MERL for 37.01 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Merlin Chain currency pair is the MERL to KES, with for Merlin Chain's currency code being MERL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

MERL to KES conversion rate trend

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In the past 1D, Merlin Chain has changed +4.64% to KES. Based on the trend and price charts, Merlin Chain(MERL) has changed +4.64% to KES while Kenyan Shilling(KES) has changed % to MERL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh36.49
0.0200% / 0.0320%vip-iconVIP 7
OKX
Sh36.27
0.080% / 0.100%
Yes
Huobi
Sh36.26
0.1000% / 0.1000%
Yes
Gate.io
Sh36.29
0.1000% / 0.1000%
Yes
Bybit
Sh36.44
0.1000% / 0.1000%
Yes
KuCoin
Sh36.39
0.1000% / 0.1000%
Yes
Last updated 2024/11/16 00:00:23(UTC+0)

How to buy Merlin Chain

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Buy Merlin Chain (MERL)
Use a variety of payment options to buy Merlin Chain on Bitget. We'll show you how.

Buy MERL (or USDT) for KES (Kenyan Shilling) offers

Bitget P2P trading does not currently support direct buying of MERL with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MERL with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell MERL (or USDT) for KES (Kenyan Shilling) offers

Bitget P2P trading currently does not support direct selling of MERL to KES. However, you can first exchange MERL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Merlin Chain to Kenyan Shilling?

Merlin Chain to Kenyan Shilling is rising this week.
Merlin Chain's current market price is Sh 37.01 per MERL, with a total market cap of Sh 19,430,374,730.14 KES based on a circulating supply of 525,000,000 MERL. The trading volume of Merlin Chain has changed by -24.58% (Sh -1,237,015,574.11 KES) in the last 24 hours. Last trading day, MERL's trading volume was Sh 5,032,794,423.34.
Market cap
$150.62M
24h volume
$29.42M
Circulating supply
525.00M MERL

Conversion tables

The exchange rate of Merlin Chain is increasing.
1 MERL is currently valued at Sh 37.01 KES , which means buying 5 MERL will cost Sh 185.05 KES . Similarly, Sh1 KES can be traded for 0.02702 MERL, and Sh50 KES can be converted to 1.35 MERL, excluding any platform or gas fees.
The exchange rate of 1 MERL to Kenyan Shilling has changed by +0.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.64%, reaching a high of 37.37 KES and a low of 34.52 KES . One month ago, the value of 1 MERL was Sh 36.14 KES , which represents a +2.41% change from its current value. Over the last year, Merlin Chain has changed by
+Sh
37.01KES
, resulting in a change of -26.77% in its value.

MERL to KES

Amount
05:09 am today
0.5 MERL
Sh18.51
1 MERL
Sh37.01
5 MERL
Sh185.05
10 MERL
Sh370.1
50 MERL
Sh1,850.51
100 MERL
Sh3,701.02
500 MERL
Sh18,505.12
1000 MERL
Sh37,010.24

KES to MERL

Amount05:09 am today
0.5KES0.01351  MERL
1KES0.02702  MERL
5KES0.1351  MERL
10KES0.2702  MERL
50KES1.35  MERL
100KES2.7  MERL
500KES13.51  MERL
1000KES27.02  MERL

Today vs. 24 hours ago

Amount05:09 am today24 hours ago24h change
0.5 MERL$0.1435$0.1371
+4.64%
1 MERL$0.2869$0.2742
+4.64%
5 MERL$1.43$1.37
+4.64%
10 MERL$2.87$2.74
+4.64%
50 MERL$14.35$13.71
+4.64%
100 MERL$28.69$27.42
+4.64%
500 MERL$143.45$137.08
+4.64%
1000 MERL$286.9$274.17
+4.64%

Today vs. 1 month ago

Amount05:09 am today1 month ago1M change
0.5 MERL$0.1435$0.1401
+2.41%
1 MERL$0.2869$0.2801
+2.41%
5 MERL$1.43$1.4
+2.41%
10 MERL$2.87$2.8
+2.41%
50 MERL$14.35$14.01
+2.41%
100 MERL$28.69$28.01
+2.41%
500 MERL$143.45$140.07
+2.41%
1000 MERL$286.9$280.15
+2.41%

Today vs. 1 year ago

Amount05:09 am today1 year ago1Y change
0.5 MERL$0.1435$0.00
-26.77%
1 MERL$0.2869$0.00
-26.77%
5 MERL$1.43$0.00
-26.77%
10 MERL$2.87$0.00
-26.77%
50 MERL$14.35$0.00
-26.77%
100 MERL$28.69$0.00
-26.77%
500 MERL$143.45$0.00
-26.77%
1000 MERL$286.9$0.00
-26.77%

Merlin Chain price prediction

What will the price of MERL be in 2025?

Based on MERL's historical price performance prediction model, the price of MERL is projected to reach $0.4813 in 2025.

What will the price of MERL be in 2030?

In 2030, the MERL price is expected to change by -12.00%. By the end of 2030, the MERL price is projected to reach $0.7967, with a cumulative ROI of +175.71%.

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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 Merlin Chain 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 Merlin Chain 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 Merlin Chain 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.