LUM
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 Lum Network(LUM) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 LUM at a value of 1 LUM for 0.01 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 Lum Network currency pair is the LUM to KES, with for Lum Network's currency code being LUM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
LUM to KES conversion rate trend
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In the past 1D, Lum Network has changed -23.72% to KES. Based on the trend and price charts, Lum Network(LUM) has changed -23.72% to KES while Kenyan Shilling(KES) has changed % to LUM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.008569 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/22 16:33:37(UTC+0)
How to buy Lum Network
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Lum Network (LUM)
Use a variety of payment options to buy Lum Network on Bitget. We'll show you how.
Buy LUM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of LUM with KES. However, you can buy USDT in Bitget P2P trading first, and then buy LUM 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 LUM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of LUM to KES. However, you can first exchange LUM 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 Lum Network to Kenyan Shilling?
Lum Network to Kenyan Shilling is falling this week.Lum Network's current market price is Sh 0.008390 per LUM, with a total market cap of Sh 0 KES based on a circulating supply of -- LUM. The trading volume of Lum Network has changed by +511.91% (Sh 207,429.48 KES) in the last 24 hours. Last trading day, LUM's trading volume was Sh 40,520.86.
Market cap
$0
24h volume
$1.91K
Circulating supply
0 LUM
Conversion tables
The exchange rate of Lum Network is decreasing.1 LUM is currently valued at Sh 0.008390 KES , which means buying 5 LUM will cost Sh 0.04195 KES . Similarly, Sh1 KES can be traded for 119.19 LUM, and Sh50 KES can be converted to 5,959.62 LUM, excluding any platform or gas fees.
The exchange rate of 1 LUM to Kenyan Shilling has changed by -39.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by -23.72%, reaching a high of 0.01097 KES and a low of 0.007908 KES . One month ago, the value of 1 LUM was Sh 0.01427 KES , which represents a -41.22% change from its current value. Over the last year, Lum Network has changed by , resulting in a change of -80.60% in its value.
-Sh
0.03482KESLUM to KES
Amount
18:08 today
0.5 LUM
Sh0.004195
1 LUM
Sh0.008390
5 LUM
Sh0.04195
10 LUM
Sh0.08390
50 LUM
Sh0.4195
100 LUM
Sh0.8390
500 LUM
Sh4.19
1000 LUM
Sh8.39
KES to LUM
Amount18:08 today
0.5KES59.6 LUM
1KES119.19 LUM
5KES595.96 LUM
10KES1,191.92 LUM
50KES5,959.62 LUM
100KES11,919.24 LUM
500KES59,596.22 LUM
1000KES119,192.45 LUM
Today vs. 24 hours ago
| Amount | 18:08 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LUM | $0.{4}3239 | $0.{4}4246 | -23.72% |
| 1 LUM | $0.{4}6479 | $0.{4}8491 | -23.72% |
| 5 LUM | $0.0003239 | $0.0004246 | -23.72% |
| 10 LUM | $0.0006479 | $0.0008491 | -23.72% |
| 50 LUM | $0.003239 | $0.004246 | -23.72% |
| 100 LUM | $0.006479 | $0.008491 | -23.72% |
| 500 LUM | $0.03239 | $0.04246 | -23.72% |
| 1000 LUM | $0.06479 | $0.08491 | -23.72% |
Today vs. 1 month ago
| Amount | 18:08 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LUM | $0.{4}3239 | $0.{4}5509 | -41.22% |
| 1 LUM | $0.{4}6479 | $0.0001102 | -41.22% |
| 5 LUM | $0.0003239 | $0.0005509 | -41.22% |
| 10 LUM | $0.0006479 | $0.001102 | -41.22% |
| 50 LUM | $0.003239 | $0.005509 | -41.22% |
| 100 LUM | $0.006479 | $0.01102 | -41.22% |
| 500 LUM | $0.03239 | $0.05509 | -41.22% |
| 1000 LUM | $0.06479 | $0.1102 | -41.22% |
Today vs. 1 year ago
| Amount | 18:08 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LUM | $0.{4}3239 | $0.0001668 | -80.60% |
| 1 LUM | $0.{4}6479 | $0.0003337 | -80.60% |
| 5 LUM | $0.0003239 | $0.001668 | -80.60% |
| 10 LUM | $0.0006479 | $0.003337 | -80.60% |
| 50 LUM | $0.003239 | $0.01668 | -80.60% |
| 100 LUM | $0.006479 | $0.03337 | -80.60% |
| 500 LUM | $0.03239 | $0.1668 | -80.60% |
| 1000 LUM | $0.06479 | $0.3337 | -80.60% |
Lum Network price prediction
What will the price of LUM be in 2025?
Based on LUM's historical price performance prediction model, the price of LUM is projected to reach $0.0002026 in 2025.
What will the price of LUM be in 2030?
In 2030, the LUM price is expected to change by +9.00%. By the end of 2030, the LUM price is projected to reach $0.0004026, with a cumulative ROI of +374.74%.
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Popular Lum Network conversions
Check out these popular currency conversions of Lum Network to several fiat currencies.
Lum Network to USD
1 LUM to $ 0.{4}6479 USD
Lum Network to GBP
1 LUM to £ 0.{4}5174 GBP
Lum Network to EUR
1 LUM to € 0.{4}6225 EUR
Lum Network to KRW
1 LUM to ₩ 0.09108 KRW
Lum Network to CAD
1 LUM to $ 0.{4}9058 CAD
Lum Network to AUD
1 LUM to $ 0.{4}9984 AUD
Lum Network to JPY
1 LUM to ¥ 0.01003 JPY
Lum Network to BRL
1 LUM to R$ 0.0003761 BRL
Lum Network to CNY
1 LUM to ¥ 0.0004698 CNY
Lum Network to TWD
1 LUM to NT$ 0.002111 TWD
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1 SOL to Sh 32,969.89 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 Lum Network 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 Lum Network 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 Lum Network 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.
