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base info Liquid KSM

Liquid KSM to Kenyan Shilling Converter and calculator

Convert 1Liquid KSM (LKSM) to Kenyan Shilling (KES) equals Sh 741.61 | 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 Liquid KSM(LKSM) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 LKSM at a value of 1 LKSM for 741.61 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 Liquid KSM currency pair is the LKSM to KES, with for Liquid KSM's currency code being LKSM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

LKSM to KES conversion rate trend

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In the past 1D, Liquid KSM has changed +9.15% to KES. Based on the trend and price charts, Liquid KSM(LKSM) has changed +9.15% to KES while Kenyan Shilling(KES) has changed % to LKSM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh664.02
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 16:33:25(UTC+0)

How to buy Liquid KSM

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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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Liquid KSM (LKSM)
Use a variety of payment options to buy Liquid KSM on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of LKSM to KES. However, you can first exchange LKSM 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
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What factors influence the conversion rate of Liquid KSM to Kenyan Shilling?

Liquid KSM to Kenyan Shilling is falling this week.
Liquid KSM's current market price is Sh 741.61 per LKSM, with a total market cap of Sh 0 KES based on a circulating supply of -- LKSM. The trading volume of Liquid KSM has changed by +12.62% (Sh 26,847.33 KES) in the last 24 hours. Last trading day, LKSM's trading volume was Sh 212,808.9.
Market cap
$0
24h volume
$1.85K
Circulating supply
0 LKSM

Conversion tables

The exchange rate of Liquid KSM is decreasing.
1 LKSM is currently valued at Sh 741.61 KES , which means buying 5 LKSM will cost Sh 3,708.04 KES . Similarly, Sh1 KES can be traded for 0.001348 LKSM, and Sh50 KES can be converted to 0.06742 LKSM, excluding any platform or gas fees.
The exchange rate of 1 LKSM to Kenyan Shilling has changed by -11.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.15%, reaching a high of 744.82 KES and a low of 659.07 KES . One month ago, the value of 1 LKSM was Sh 968.94 KES , which represents a -23.46% change from its current value. Over the last year, Liquid KSM has changed by
-Sh
217.38KES
, resulting in a change of -22.67% in its value.

LKSM to KES

Amount
23:39 today
0.5 LKSM
Sh370.8
1 LKSM
Sh741.61
5 LKSM
Sh3,708.04
10 LKSM
Sh7,416.08
50 LKSM
Sh37,080.39
100 LKSM
Sh74,160.77
500 LKSM
Sh370,803.87
1000 LKSM
Sh741,607.74

KES to LKSM

Amount23:39 today
0.5KES0.0006742  LKSM
1KES0.001348  LKSM
5KES0.006742  LKSM
10KES0.01348  LKSM
50KES0.06742  LKSM
100KES0.1348  LKSM
500KES0.6742  LKSM
1000KES1.35  LKSM

Today vs. 24 hours ago

Amount23:39 today24 hours ago24h change
0.5 LKSM$2.87$2.63
+9.15%
1 LKSM$5.73$5.25
+9.15%
5 LKSM$28.65$26.25
+9.15%
10 LKSM$57.31$52.51
+9.15%
50 LKSM$286.54$262.53
+9.15%
100 LKSM$573.08$525.06
+9.15%
500 LKSM$2,865.39$2,625.3
+9.15%
1000 LKSM$5,730.79$5,250.59
+9.15%

Today vs. 1 month ago

Amount23:39 today1 month ago1M change
0.5 LKSM$2.87$3.74
-23.46%
1 LKSM$5.73$7.49
-23.46%
5 LKSM$28.65$37.44
-23.46%
10 LKSM$57.31$74.88
-23.46%
50 LKSM$286.54$374.38
-23.46%
100 LKSM$573.08$748.75
-23.46%
500 LKSM$2,865.39$3,743.75
-23.46%
1000 LKSM$5,730.79$7,487.5
-23.46%

Today vs. 1 year ago

Amount23:39 today1 year ago1Y change
0.5 LKSM$2.87$3.71
-22.67%
1 LKSM$5.73$7.41
-22.67%
5 LKSM$28.65$37.05
-22.67%
10 LKSM$57.31$74.11
-22.67%
50 LKSM$286.54$370.53
-22.67%
100 LKSM$573.08$741.06
-22.67%
500 LKSM$2,865.39$3,705.3
-22.67%
1000 LKSM$5,730.79$7,410.6
-22.67%

Liquid KSM price prediction

What will the price of LKSM be in 2025?

Based on LKSM's historical price performance prediction model, the price of LKSM is projected to reach $5.8 in 2025.

What will the price of LKSM be in 2030?

In 2030, the LKSM price is expected to change by -12.00%. By the end of 2030, the LKSM price is projected to reach $13.09, with a cumulative ROI of +150.78%.

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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 Liquid KSM 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 Liquid KSM 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 Liquid KSM 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.