SBD
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 Steem Dollars(SBD) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 SBD at a value of 1 SBD for 412.40 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 Steem Dollars currency pair is the SBD to KES, with for Steem Dollars's currency code being SBD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
SBD to KES conversion rate trend
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In the past 1D, Steem Dollars has changed -1.70% to KES. Based on the trend and price charts, Steem Dollars(SBD) has changed -1.70% to KES while Kenyan Shilling(KES) has changed % to SBD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh409.44 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | Sh393.65 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 08:00:14(UTC+0)
How to buy Steem Dollars
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.
Buy Steem Dollars (SBD)
Use a variety of payment options to buy Steem Dollars on Bitget. We'll show you how.
Buy SBD (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of SBD with KES. However, you can buy USDT in Bitget P2P trading first, and then buy SBD 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 SBD (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of SBD to KES. However, you can first exchange SBD 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 Steem Dollars to Kenyan Shilling?
Steem Dollars to Kenyan Shilling is falling this week.Steem Dollars's current market price is Sh 412.4 per SBD, with a total market cap of Sh 5,736,767,013.57 KES based on a circulating supply of 13,910,604 SBD. The trading volume of Steem Dollars has changed by +970.92% (Sh 3,256,790,677.79 KES) in the last 24 hours. Last trading day, SBD's trading volume was Sh 335,433,196.8.
Market cap
$44.35M
24h volume
$27.77M
Circulating supply
13.91M SBD
Conversion tables
The exchange rate of Steem Dollars is increasing.1 SBD is currently valued at Sh 412.4 KES , which means buying 5 SBD will cost Sh 2,062.01 KES . Similarly, Sh1 KES can be traded for 0.002425 SBD, and Sh50 KES can be converted to 0.1212 SBD, excluding any platform or gas fees.
The exchange rate of 1 SBD to Kenyan Shilling has changed by -10.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.70%, reaching a high of 476.93 KES and a low of 401.2 KES . One month ago, the value of 1 SBD was Sh 408.24 KES , which represents a +1.02% change from its current value. Over the last year, Steem Dollars has changed by , resulting in a change of -31.74% in its value.
-Sh
191.75KESSBD to KES
Amount
10:13 am today
0.5 SBD
Sh206.2
1 SBD
Sh412.4
5 SBD
Sh2,062.01
10 SBD
Sh4,124.02
50 SBD
Sh20,620.12
100 SBD
Sh41,240.25
500 SBD
Sh206,201.23
1000 SBD
Sh412,402.47
KES to SBD
Amount10:13 am today
0.5KES0.001212 SBD
1KES0.002425 SBD
5KES0.01212 SBD
10KES0.02425 SBD
50KES0.1212 SBD
100KES0.2425 SBD
500KES1.21 SBD
1000KES2.42 SBD
Today vs. 24 hours ago
| Amount | 10:13 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SBD | $1.59 | $1.62 | -1.70% |
| 1 SBD | $3.19 | $3.24 | -1.70% |
| 5 SBD | $15.94 | $16.22 | -1.70% |
| 10 SBD | $31.88 | $32.43 | -1.70% |
| 50 SBD | $159.41 | $162.17 | -1.70% |
| 100 SBD | $318.83 | $324.33 | -1.70% |
| 500 SBD | $1,594.13 | $1,621.66 | -1.70% |
| 1000 SBD | $3,188.27 | $3,243.32 | -1.70% |
Today vs. 1 month ago
| Amount | 10:13 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SBD | $1.59 | $1.58 | +1.02% |
| 1 SBD | $3.19 | $3.16 | +1.02% |
| 5 SBD | $15.94 | $15.78 | +1.02% |
| 10 SBD | $31.88 | $31.56 | +1.02% |
| 50 SBD | $159.41 | $157.8 | +1.02% |
| 100 SBD | $318.83 | $315.61 | +1.02% |
| 500 SBD | $1,594.13 | $1,578.05 | +1.02% |
| 1000 SBD | $3,188.27 | $3,156.09 | +1.02% |
Today vs. 1 year ago
| Amount | 10:13 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SBD | $1.59 | $2.34 | -31.74% |
| 1 SBD | $3.19 | $4.67 | -31.74% |
| 5 SBD | $15.94 | $23.35 | -31.74% |
| 10 SBD | $31.88 | $46.71 | -31.74% |
| 50 SBD | $159.41 | $233.53 | -31.74% |
| 100 SBD | $318.83 | $467.07 | -31.74% |
| 500 SBD | $1,594.13 | $2,335.33 | -31.74% |
| 1000 SBD | $3,188.27 | $4,670.66 | -31.74% |
Steem Dollars price prediction
What will the price of SBD be in 2025?
Based on SBD's historical price performance prediction model, the price of SBD is projected to reach $4.64 in 2025.
What will the price of SBD be in 2030?
In 2030, the SBD price is expected to change by +7.00%. By the end of 2030, the SBD price is projected to reach $6.36, with a cumulative ROI of +103.69%.
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Popular Steem Dollars conversions
Check out these popular currency conversions of Steem Dollars to several fiat currencies.
Steem Dollars to USD
1 SBD to $ 3.19 USD
Steem Dollars to GBP
1 SBD to £ 2.54 GBP
Steem Dollars to EUR
1 SBD to € 3.06 EUR
Steem Dollars to KRW
1 SBD to ₩ 4,630.74 KRW
Steem Dollars to CAD
1 SBD to $ 4.58 CAD
Steem Dollars to AUD
1 SBD to $ 5.1 AUD
Steem Dollars to JPY
1 SBD to ¥ 499.83 JPY
Steem Dollars to BRL
1 SBD to R$ 19.39 BRL
Steem Dollars to CNY
1 SBD to ¥ 23.28 CNY
Steem Dollars to TWD
1 SBD to NT$ 104.3 TWD
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1 STEEM to Sh 28.91 KES
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1 ALGO to Sh 47.73 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 Steem Dollars 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 Steem Dollars 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 Steem Dollars 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.
