DAI
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 Dai(DAI) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 DAI at a value of 1 DAI for 128.51 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 Dai currency pair is the DAI to KES, with for Dai's currency code being DAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
DAI to KES conversion rate trend
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In the past 1D, Dai has changed -0.03% to KES. Based on the trend and price charts, Dai(DAI) has changed -0.03% to KES while Kenyan Shilling(KES) has changed % to DAI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh128.7 | 0.0200% / 0.0320%  VIP 7 | |
Kraken | Sh128.69 | 0.1000% / 0.1000% | Yes |
OKX | Sh128.63 | 0.080% / 0.100% | Yes |
Huobi | Sh128.7 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh128.49 | 0.1000% / 0.1000% | Yes |
Bybit | Sh128.66 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 00:00:22(UTC+0)
How to buy Dai
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Buy Dai (DAI)
Use a variety of payment options to buy Dai on Bitget. We'll show you how.
Buy DAI (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of DAI with KES. However, you can buy USDT in Bitget P2P trading first, and then buy DAI with USDT via Bitget spot market.
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Sell DAI (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of DAI to KES. However, you can first exchange DAI 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 Dai to Kenyan Shilling?
Dai to Kenyan Shilling is falling this week.Dai's current market price is Sh 128.51 per DAI, with a total market cap of Sh 689,515,919,339.2 KES based on a circulating supply of 5,365,382,700 DAI. The trading volume of Dai has changed by 0.00% (Sh 752,508.19 KES) in the last 24 hours. Last trading day, DAI's trading volume was Sh 21,500,234,021.12.
Market cap
$5.36B
24h volume
$167.25M
Circulating supply
5.37B DAI
Conversion tables
The exchange rate of Dai is decreasing.1 DAI is currently valued at Sh 128.51 KES , which means buying 5 DAI will cost Sh 642.56 KES . Similarly, Sh1 KES can be traded for 0.007781 DAI, and Sh50 KES can be converted to 0.3891 DAI, excluding any platform or gas fees.
The exchange rate of 1 DAI to Kenyan Shilling has changed by -0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.03%, reaching a high of 128.64 KES and a low of 128.48 KES . One month ago, the value of 1 DAI was Sh 128.53 KES , which represents a -0.01% change from its current value. Over the last year, Dai has changed by , resulting in a change of +0.00% in its value.
+Sh
0.0002174KESDAI to KES
Amount
04:33 am today
0.5 DAI
Sh64.26
1 DAI
Sh128.51
5 DAI
Sh642.56
10 DAI
Sh1,285.12
50 DAI
Sh6,425.6
100 DAI
Sh12,851.2
500 DAI
Sh64,255.99
1000 DAI
Sh128,511.97
KES to DAI
Amount04:33 am today
0.5KES0.003891 DAI
1KES0.007781 DAI
5KES0.03891 DAI
10KES0.07781 DAI
50KES0.3891 DAI
100KES0.7781 DAI
500KES3.89 DAI
1000KES7.78 DAI
Today vs. 24 hours ago
| Amount | 04:33 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DAI | $0.4998 | $0.5000 | -0.03% |
| 1 DAI | $0.9997 | $1.0000 | -0.03% |
| 5 DAI | $5 | $5 | -0.03% |
| 10 DAI | $10 | $10 | -0.03% |
| 50 DAI | $49.98 | $50 | -0.03% |
| 100 DAI | $99.97 | $100 | -0.03% |
| 500 DAI | $499.84 | $500 | -0.03% |
| 1000 DAI | $999.68 | $1,000 | -0.03% |
Today vs. 1 month ago
| Amount | 04:33 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DAI | $0.4998 | $0.4999 | -0.01% |
| 1 DAI | $0.9997 | $0.9998 | -0.01% |
| 5 DAI | $5 | $5 | -0.01% |
| 10 DAI | $10 | $10 | -0.01% |
| 50 DAI | $49.98 | $49.99 | -0.01% |
| 100 DAI | $99.97 | $99.98 | -0.01% |
| 500 DAI | $499.84 | $499.9 | -0.01% |
| 1000 DAI | $999.68 | $999.81 | -0.01% |
Today vs. 1 year ago
| Amount | 04:33 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DAI | $0.4998 | $0.4998 | +0.00% |
| 1 DAI | $0.9997 | $0.9997 | +0.00% |
| 5 DAI | $5 | $5 | +0.00% |
| 10 DAI | $10 | $10 | +0.00% |
| 50 DAI | $49.98 | $49.98 | +0.00% |
| 100 DAI | $99.97 | $99.97 | +0.00% |
| 500 DAI | $499.84 | $499.84 | +0.00% |
| 1000 DAI | $999.68 | $999.67 | +0.00% |
Dai price prediction
What will the price of DAI be in 2025?
Based on DAI's historical price performance prediction model, the price of DAI is projected to reach $1.04 in 2025.
What will the price of DAI be in 2030?
In 2030, the DAI price is expected to change by -17.00%. By the end of 2030, the DAI price is projected to reach $1.45, with a cumulative ROI of +44.54%.
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Popular Dai conversions
Check out these popular currency conversions of Dai to several fiat currencies.
Dai to USD
1 DAI to $ 0.9997 USD
Dai to GBP
1 DAI to £ 0.7947 GBP
Dai to EUR
1 DAI to € 0.9573 EUR
Dai to KRW
1 DAI to ₩ 1,450.4 KRW
Dai to CAD
1 DAI to $ 1.44 CAD
Dai to AUD
1 DAI to $ 1.6 AUD
Dai to JPY
1 DAI to ¥ 156.51 JPY
Dai to BRL
1 DAI to R$ 6.08 BRL
Dai to CNY
1 DAI to ¥ 7.3 CNY
Dai to TWD
1 DAI to NT$ 32.69 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 Dai 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 Dai 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 Dai 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.
