RBN
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 Ribbon Finance(RBN) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 RBN at a value of 1 RBN for 47.68 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 Ribbon Finance currency pair is the RBN to KES, with for Ribbon Finance's currency code being RBN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
RBN to KES conversion rate trend
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In the past 1D, Ribbon Finance has changed +2.27% to KES. Based on the trend and price charts, Ribbon Finance(RBN) has changed +2.27% to KES while Kenyan Shilling(KES) has changed % to RBN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh48.23 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh57.89 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/15 01:00:15(UTC+0)
How to buy Ribbon Finance
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Buy Ribbon Finance (RBN)
Use a variety of payment options to buy Ribbon Finance on Bitget. We'll show you how.
Learn MoreBuy RBN (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of RBN with KES. However, you can buy USDT in Bitget P2P trading first, and then buy RBN 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 RBN (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of RBN to KES. However, you can first exchange RBN 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 Ribbon Finance to Kenyan Shilling?
Ribbon Finance to Kenyan Shilling is rising this week.Ribbon Finance's current market price is Sh 47.68 per RBN, with a total market cap of Sh -- KES based on a circulating supply of -- RBN. The trading volume of Ribbon Finance has changed by --% (Sh -- KES) in the last 24 hours. Last trading day, RBN's trading volume was Sh --.
Market cap
$--
24h volume
$--
Circulating supply
-- RBN
Conversion tables
The exchange rate of Ribbon Finance is increasing.1 RBN is currently valued at Sh 47.68 KES , which means buying 5 RBN will cost Sh 238.41 KES . Similarly, Sh1 KES can be traded for 0.02097 RBN, and Sh50 KES can be converted to 1.05 RBN, excluding any platform or gas fees.
The exchange rate of 1 RBN to Kenyan Shilling has changed by +2.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.27%, reaching a high of 48.56 KES and a low of 45.13 KES . One month ago, the value of 1 RBN was Sh 41.76 KES , which represents a +14.08% change from its current value. Over the last year, Ribbon Finance has changed by , resulting in a change of +17.29% in its value.
+Sh
7.07KESRBN to KES
Amount
10:25 am today
0.5 RBN
Sh23.84
1 RBN
Sh47.68
5 RBN
Sh238.41
10 RBN
Sh476.82
50 RBN
Sh2,384.1
100 RBN
Sh4,768.19
500 RBN
Sh23,840.95
1000 RBN
Sh47,681.9
KES to RBN
Amount10:25 am today
0.5KES0.01049 RBN
1KES0.02097 RBN
5KES0.1049 RBN
10KES0.2097 RBN
50KES1.05 RBN
100KES2.1 RBN
500KES10.49 RBN
1000KES20.97 RBN
Today vs. 24 hours ago
| Amount | 10:25 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RBN | $0.1841 | $0.1800 | +2.27% |
| 1 RBN | $0.3682 | $0.3600 | +2.27% |
| 5 RBN | $1.84 | $1.8 | +2.27% |
| 10 RBN | $3.68 | $3.6 | +2.27% |
| 50 RBN | $18.41 | $18 | +2.27% |
| 100 RBN | $36.82 | $36 | +2.27% |
| 500 RBN | $184.1 | $180 | +2.27% |
| 1000 RBN | $368.2 | $360 | +2.27% |
Today vs. 1 month ago
| Amount | 10:25 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RBN | $0.1841 | $0.1613 | +14.08% |
| 1 RBN | $0.3682 | $0.3225 | +14.08% |
| 5 RBN | $1.84 | $1.61 | +14.08% |
| 10 RBN | $3.68 | $3.23 | +14.08% |
| 50 RBN | $18.41 | $16.13 | +14.08% |
| 100 RBN | $36.82 | $32.25 | +14.08% |
| 500 RBN | $184.1 | $161.25 | +14.08% |
| 1000 RBN | $368.2 | $322.5 | +14.08% |
Today vs. 1 year ago
| Amount | 10:25 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RBN | $0.1841 | $0.1568 | +17.29% |
| 1 RBN | $0.3682 | $0.3136 | +17.29% |
| 5 RBN | $1.84 | $1.57 | +17.29% |
| 10 RBN | $3.68 | $3.14 | +17.29% |
| 50 RBN | $18.41 | $15.68 | +17.29% |
| 100 RBN | $36.82 | $31.36 | +17.29% |
| 500 RBN | $184.1 | $156.8 | +17.29% |
| 1000 RBN | $368.2 | $313.6 | +17.29% |
Ribbon Finance price prediction
What will the price of RBN be in 2025?
Based on RBN's historical price performance prediction model, the price of RBN is projected to reach $0.4898 in 2025.
What will the price of RBN be in 2030?
In 2030, the RBN price is expected to change by -7.00%. By the end of 2030, the RBN price is projected to reach $0.9644, with a cumulative ROI of +183.56%.
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Popular Ribbon Finance conversions
Check out these popular currency conversions of Ribbon Finance to several fiat currencies.
Ribbon Finance to USD
1 RBN to $ 0.3682 USD
Ribbon Finance to GBP
1 RBN to £ 0.2915 GBP
Ribbon Finance to EUR
1 RBN to € 0.3485 EUR
Ribbon Finance to KRW
1 RBN to ₩ 514.43 KRW
Ribbon Finance to CAD
1 RBN to $ 0.5187 CAD
Ribbon Finance to AUD
1 RBN to $ 0.5700 AUD
Ribbon Finance to JPY
1 RBN to ¥ 56.99 JPY
Ribbon Finance to BRL
1 RBN to R$ 2.14 BRL
Ribbon Finance to CNY
1 RBN to ¥ 2.67 CNY
Ribbon Finance to TWD
1 RBN to NT$ 11.98 TWD
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1 SOL to Sh 31,601.36 KES
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1 DOGE to Sh 48.16 KES
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1 AEVO to Sh 48.07 KES
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1 PEPE to Sh 0.002781 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 Ribbon Finance 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 Ribbon Finance 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 Ribbon Finance 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.
