NMD
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 Nexusmind(NMD) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 NMD at a value of 1 NMD for 254.12 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 Nexusmind currency pair is the NMD to KES, with for Nexusmind's currency code being NMD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
NMD to KES conversion rate trend
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In the past 1D, Nexusmind has changed +0.39% to KES. Based on the trend and price charts, Nexusmind(NMD) has changed +0.39% to KES while Kenyan Shilling(KES) has changed % to NMD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh249.9 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 16:32:36(UTC+0)
How to buy Nexusmind
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Buy Nexusmind (NMD)
Use a variety of payment options to buy Nexusmind on Bitget. We'll show you how.
Buy NMD (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of NMD with KES. However, you can buy USDT in Bitget P2P trading first, and then buy NMD with USDT via Bitget spot market.
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Sell NMD (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of NMD to KES. However, you can first exchange NMD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Nexusmind to Kenyan Shilling?
Nexusmind to Kenyan Shilling is rising this week.Nexusmind's current market price is Sh 254.12 per NMD, with a total market cap of Sh 0 KES based on a circulating supply of -- NMD. The trading volume of Nexusmind has changed by -0.78% (Sh -58,573.06 KES) in the last 24 hours. Last trading day, NMD's trading volume was Sh 7,465,339.77.
Market cap
$0
24h volume
$57.21K
Circulating supply
0 NMD
Conversion tables
The exchange rate of Nexusmind is increasing.1 NMD is currently valued at Sh 254.12 KES , which means buying 5 NMD will cost Sh 1,270.6 KES . Similarly, Sh1 KES can be traded for 0.003935 NMD, and Sh50 KES can be converted to 0.1968 NMD, excluding any platform or gas fees.
The exchange rate of 1 NMD to Kenyan Shilling has changed by +9.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.39%, reaching a high of 255.29 KES and a low of 248.15 KES . One month ago, the value of 1 NMD was Sh 170.1 KES , which represents a +49.34% change from its current value. Over the last year, Nexusmind has changed by , resulting in a change of +61.33% in its value.
+Sh
124.83KESNMD to KES
Amount
23:47 today
0.5 NMD
Sh127.06
1 NMD
Sh254.12
5 NMD
Sh1,270.6
10 NMD
Sh2,541.2
50 NMD
Sh12,705.98
100 NMD
Sh25,411.96
500 NMD
Sh127,059.81
1000 NMD
Sh254,119.61
KES to NMD
Amount23:47 today
0.5KES0.001968 NMD
1KES0.003935 NMD
5KES0.01968 NMD
10KES0.03935 NMD
50KES0.1968 NMD
100KES0.3935 NMD
500KES1.97 NMD
1000KES3.94 NMD
Today vs. 24 hours ago
| Amount | 23:47 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NMD | $0.9813 | $0.9775 | +0.39% |
| 1 NMD | $1.96 | $1.95 | +0.39% |
| 5 NMD | $9.81 | $9.77 | +0.39% |
| 10 NMD | $19.63 | $19.55 | +0.39% |
| 50 NMD | $98.13 | $97.75 | +0.39% |
| 100 NMD | $196.27 | $195.5 | +0.39% |
| 500 NMD | $981.35 | $977.49 | +0.39% |
| 1000 NMD | $1,962.69 | $1,954.97 | +0.39% |
Today vs. 1 month ago
| Amount | 23:47 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NMD | $0.9813 | $0.6569 | +49.34% |
| 1 NMD | $1.96 | $1.31 | +49.34% |
| 5 NMD | $9.81 | $6.57 | +49.34% |
| 10 NMD | $19.63 | $13.14 | +49.34% |
| 50 NMD | $98.13 | $65.69 | +49.34% |
| 100 NMD | $196.27 | $131.37 | +49.34% |
| 500 NMD | $981.35 | $656.87 | +49.34% |
| 1000 NMD | $1,962.69 | $1,313.75 | +49.34% |
Today vs. 1 year ago
| Amount | 23:47 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NMD | $0.9813 | $-0.0007089 | +61.33% |
| 1 NMD | $1.96 | $-0.001418 | +61.33% |
| 5 NMD | $9.81 | $-0.007089 | +61.33% |
| 10 NMD | $19.63 | $-0.01418 | +61.33% |
| 50 NMD | $98.13 | $-0.07089 | +61.33% |
| 100 NMD | $196.27 | $-0.1418 | +61.33% |
| 500 NMD | $981.35 | $-0.7089 | +61.33% |
| 1000 NMD | $1,962.69 | $-1.4179 | +61.33% |
Nexusmind price prediction
What will the price of NMD be in 2025?
Based on NMD's historical price performance prediction model, the price of NMD is projected to reach $2.47 in 2025.
What will the price of NMD be in 2030?
In 2030, the NMD price is expected to change by +1.00%. By the end of 2030, the NMD price is projected to reach $2.3, with a cumulative ROI of +18.96%.
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Popular Nexusmind conversions
Check out these popular currency conversions of Nexusmind to several fiat currencies.
Nexusmind to USD
1 NMD to $ 1.96 USD
Nexusmind to GBP
1 NMD to £ 1.56 GBP
Nexusmind to EUR
1 NMD to € 1.87 EUR
Nexusmind to KRW
1 NMD to ₩ 2,756.41 KRW
Nexusmind to CAD
1 NMD to $ 2.74 CAD
Nexusmind to AUD
1 NMD to $ 3 AUD
Nexusmind to JPY
1 NMD to ¥ 302.73 JPY
Nexusmind to BRL
1 NMD to R$ 11.38 BRL
Nexusmind to CNY
1 NMD to ¥ 14.27 CNY
Nexusmind to TWD
1 NMD to NT$ 63.95 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Nexusmind.
Bitcoin to KES
1 BTC to Sh 12,652,748.87 KES
MAD to KES
1 MAD to Sh 0.004919 KES
XRP to KES
1 XRP to Sh 185.8 KES
Stellar to KES
1 XLM to Sh 70 KES
Kusama to KES
1 KSM to Sh 5,319.67 KES
Dogecoin to KES
1 DOGE to Sh 55.63 KES
Hedera to KES
1 HBAR to Sh 19.1 KES
Cardano to KES
1 ADA to Sh 132.9 KES
Polkadot to KES
1 DOT to Sh 1,144.18 KES
Solana to KES
1 SOL to Sh 32,813.69 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 Nexusmind 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 Nexusmind 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 Nexusmind 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.
