MIM
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 Magic Internet Money(MIM) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 MIM at a value of 1 MIM for 129.06 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 Magic Internet Money currency pair is the MIM to KES, with for Magic Internet Money's currency code being MIM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
MIM to KES conversion rate trend
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In the past 1D, Magic Internet Money has changed +0.34% to KES. Based on the trend and price charts, Magic Internet Money(MIM) has changed +0.34% to KES while Kenyan Shilling(KES) has changed % to MIM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh129.13 | 0.0200% / 0.0320%  VIP 7 | |
Bitfinex | Sh128.82 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 16:00:21(UTC+0)
How to buy Magic Internet Money
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 Magic Internet Money (MIM)
Use a variety of payment options to buy Magic Internet Money on Bitget. We'll show you how.
Buy MIM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of MIM with KES. However, you can buy USDT in Bitget P2P trading first, and then buy MIM 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 MIM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of MIM to KES. However, you can first exchange MIM 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 Magic Internet Money to Kenyan Shilling?
Magic Internet Money to Kenyan Shilling is rising this week.Magic Internet Money's current market price is Sh 129.06 per MIM, with a total market cap of Sh 0 KES based on a circulating supply of -- MIM. The trading volume of Magic Internet Money has changed by +6.79% (Sh 2,195,888.49 KES) in the last 24 hours. Last trading day, MIM's trading volume was Sh 32,326,706.1.
Market cap
$0
24h volume
$267.62K
Circulating supply
0 MIM
Conversion tables
The exchange rate of Magic Internet Money is decreasing.1 MIM is currently valued at Sh 129.06 KES , which means buying 5 MIM will cost Sh 645.29 KES . Similarly, Sh1 KES can be traded for 0.007748 MIM, and Sh50 KES can be converted to 0.3874 MIM, excluding any platform or gas fees.
The exchange rate of 1 MIM to Kenyan Shilling has changed by +0.18% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.34%, reaching a high of 129.37 KES and a low of 128.27 KES . One month ago, the value of 1 MIM was Sh 129.21 KES , which represents a -0.12% change from its current value. Over the last year, Magic Internet Money has changed by , resulting in a change of +0.25% in its value.
+Sh
0.3246KESMIM to KES
Amount
18:30 today
0.5 MIM
Sh64.53
1 MIM
Sh129.06
5 MIM
Sh645.29
10 MIM
Sh1,290.59
50 MIM
Sh6,452.95
100 MIM
Sh12,905.89
500 MIM
Sh64,529.46
1000 MIM
Sh129,058.91
KES to MIM
Amount18:30 today
0.5KES0.003874 MIM
1KES0.007748 MIM
5KES0.03874 MIM
10KES0.07748 MIM
50KES0.3874 MIM
100KES0.7748 MIM
500KES3.87 MIM
1000KES7.75 MIM
Today vs. 24 hours ago
| Amount | 18:30 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MIM | $0.5002 | $0.4985 | +0.34% |
| 1 MIM | $1 | $0.9970 | +0.34% |
| 5 MIM | $5 | $4.99 | +0.34% |
| 10 MIM | $10 | $9.97 | +0.34% |
| 50 MIM | $50.02 | $49.85 | +0.34% |
| 100 MIM | $100.05 | $99.7 | +0.34% |
| 500 MIM | $500.23 | $498.51 | +0.34% |
| 1000 MIM | $1,000.46 | $997.02 | +0.34% |
Today vs. 1 month ago
| Amount | 18:30 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MIM | $0.5002 | $0.5008 | -0.12% |
| 1 MIM | $1 | $1 | -0.12% |
| 5 MIM | $5 | $5.01 | -0.12% |
| 10 MIM | $10 | $10.02 | -0.12% |
| 50 MIM | $50.02 | $50.08 | -0.12% |
| 100 MIM | $100.05 | $100.16 | -0.12% |
| 500 MIM | $500.23 | $500.81 | -0.12% |
| 1000 MIM | $1,000.46 | $1,001.62 | -0.12% |
Today vs. 1 year ago
| Amount | 18:30 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MIM | $0.5002 | $0.4990 | +0.25% |
| 1 MIM | $1 | $0.9979 | +0.25% |
| 5 MIM | $5 | $4.99 | +0.25% |
| 10 MIM | $10 | $9.98 | +0.25% |
| 50 MIM | $50.02 | $49.9 | +0.25% |
| 100 MIM | $100.05 | $99.79 | +0.25% |
| 500 MIM | $500.23 | $498.97 | +0.25% |
| 1000 MIM | $1,000.46 | $997.94 | +0.25% |
Magic Internet Money price prediction
What will the price of MIM be in 2025?
Based on MIM's historical price performance prediction model, the price of MIM is projected to reach $1.32 in 2025.
What will the price of MIM be in 2030?
In 2030, the MIM price is expected to change by -13.00%. By the end of 2030, the MIM price is projected to reach $1.7, with a cumulative ROI of +69.79%.
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Popular Magic Internet Money conversions
Check out these popular currency conversions of Magic Internet Money to several fiat currencies.
Magic Internet Money to USD
1 MIM to $ 1 USD
Magic Internet Money to GBP
1 MIM to £ 0.7928 GBP
Magic Internet Money to EUR
1 MIM to € 0.9517 EUR
Magic Internet Money to KRW
1 MIM to ₩ 1,399.88 KRW
Magic Internet Money to CAD
1 MIM to $ 1.4 CAD
Magic Internet Money to AUD
1 MIM to $ 1.54 AUD
Magic Internet Money to JPY
1 MIM to ¥ 154.49 JPY
Magic Internet Money to BRL
1 MIM to R$ 5.81 BRL
Magic Internet Money to CNY
1 MIM to ¥ 7.25 CNY
Magic Internet Money to TWD
1 MIM to NT$ 32.58 TWD
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Explore other cryptocurrencies based on your interest in Magic Internet Money.
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1 SAI to Sh 4.27 KES
Solana to KES
1 SOL to Sh 33,318.85 KES
Bitcoin to KES
1 BTC to Sh 12,676,361.73 KES
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1 DOGE to Sh 49.7 KES
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1 PEPE to Sh 0.002647 KES
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1 PNUT to Sh 172.52 KES
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1 SUI to Sh 468.71 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 Magic Internet Money 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 Magic Internet Money 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 Magic Internet Money 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.
