NMC
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 Namecoin(NMC) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 NMC at a value of 1 NMC for 79.77 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 Namecoin currency pair is the NMC to KES, with for Namecoin's currency code being NMC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
NMC to KES conversion rate trend
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In the past 1D, Namecoin has changed -4.25% to KES. Based on the trend and price charts, Namecoin(NMC) has changed -4.25% to KES while Kenyan Shilling(KES) has changed % to NMC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh80.91 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/01 00:30:41(UTC+0)
How to buy Namecoin
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Namecoin (NMC)
Use a variety of payment options to buy Namecoin on Bitget. We'll show you how.
Buy NMC (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of NMC with KES. However, you can buy USDT in Bitget P2P trading first, and then buy NMC with USDT via Bitget spot market.
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Sell NMC (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of NMC to KES. However, you can first exchange NMC 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 Namecoin to Kenyan Shilling?
Namecoin to Kenyan Shilling is rising this week.Namecoin's current market price is Sh 79.77 per NMC, with a total market cap of Sh 1,175,474,621.93 KES based on a circulating supply of 14,736,400 NMC. The trading volume of Namecoin has changed by +25.06% (Sh 400,995.13 KES) in the last 24 hours. Last trading day, NMC's trading volume was Sh 1,600,389.25.
Market cap
$9.12M
24h volume
$15.53K
Circulating supply
14.74M NMC
Conversion tables
The exchange rate of Namecoin is increasing.1 NMC is currently valued at Sh 79.77 KES , which means buying 5 NMC will cost Sh 398.83 KES . Similarly, Sh1 KES can be traded for 0.01254 NMC, and Sh50 KES can be converted to 0.6268 NMC, excluding any platform or gas fees.
The exchange rate of 1 NMC to Kenyan Shilling has changed by +0.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.25%, reaching a high of 85.07 KES and a low of 73.96 KES . One month ago, the value of 1 NMC was Sh 70.66 KES , which represents a +12.89% change from its current value. Over the last year, Namecoin has changed by , resulting in a change of -43.61% in its value.
-Sh
61.67KESNMC to KES
Amount
04:43 am today
0.5 NMC
Sh39.88
1 NMC
Sh79.77
5 NMC
Sh398.83
10 NMC
Sh797.67
50 NMC
Sh3,988.34
100 NMC
Sh7,976.67
500 NMC
Sh39,883.37
1000 NMC
Sh79,766.74
KES to NMC
Amount04:43 am today
0.5KES0.006268 NMC
1KES0.01254 NMC
5KES0.06268 NMC
10KES0.1254 NMC
50KES0.6268 NMC
100KES1.25 NMC
500KES6.27 NMC
1000KES12.54 NMC
Today vs. 24 hours ago
| Amount | 04:43 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NMC | $0.3095 | $0.3232 | -4.25% |
| 1 NMC | $0.6190 | $0.6465 | -4.25% |
| 5 NMC | $3.1 | $3.23 | -4.25% |
| 10 NMC | $6.19 | $6.46 | -4.25% |
| 50 NMC | $30.95 | $32.32 | -4.25% |
| 100 NMC | $61.9 | $64.65 | -4.25% |
| 500 NMC | $309.51 | $323.25 | -4.25% |
| 1000 NMC | $619.02 | $646.49 | -4.25% |
Today vs. 1 month ago
| Amount | 04:43 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NMC | $0.3095 | $0.2742 | +12.89% |
| 1 NMC | $0.6190 | $0.5484 | +12.89% |
| 5 NMC | $3.1 | $2.74 | +12.89% |
| 10 NMC | $6.19 | $5.48 | +12.89% |
| 50 NMC | $30.95 | $27.42 | +12.89% |
| 100 NMC | $61.9 | $54.84 | +12.89% |
| 500 NMC | $309.51 | $274.18 | +12.89% |
| 1000 NMC | $619.02 | $548.35 | +12.89% |
Today vs. 1 year ago
| Amount | 04:43 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NMC | $0.3095 | $0.5488 | -43.61% |
| 1 NMC | $0.6190 | $1.1 | -43.61% |
| 5 NMC | $3.1 | $5.49 | -43.61% |
| 10 NMC | $6.19 | $10.98 | -43.61% |
| 50 NMC | $30.95 | $54.88 | -43.61% |
| 100 NMC | $61.9 | $109.76 | -43.61% |
| 500 NMC | $309.51 | $548.81 | -43.61% |
| 1000 NMC | $619.02 | $1,097.63 | -43.61% |
Namecoin price prediction
What will the price of NMC be in 2025?
Based on NMC's historical price performance prediction model, the price of NMC is projected to reach $0.9876 in 2025.
What will the price of NMC be in 2030?
In 2030, the NMC price is expected to change by -14.00%. By the end of 2030, the NMC price is projected to reach $1.66, with a cumulative ROI of +173.33%.
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Popular Namecoin conversions
Check out these popular currency conversions of Namecoin to several fiat currencies.
Namecoin to USD
1 NMC to $ 0.6190 USD
Namecoin to GBP
1 NMC to £ 0.4798 GBP
Namecoin to EUR
1 NMC to € 0.5689 EUR
Namecoin to KRW
1 NMC to ₩ 853.96 KRW
Namecoin to CAD
1 NMC to $ 0.8620 CAD
Namecoin to AUD
1 NMC to $ 0.9408 AUD
Namecoin to JPY
1 NMC to ¥ 94.33 JPY
Namecoin to BRL
1 NMC to R$ 3.58 BRL
Namecoin to CNY
1 NMC to ¥ 4.41 CNY
Namecoin to TWD
1 NMC to NT$ 19.78 TWD
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1 BTC to Sh 8,948,799.96 KES
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1 SOL to Sh 21,478.82 KES
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1 SUI to Sh 255.75 KES
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1 TIA to Sh 626.66 KES
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1 ETH to Sh 322,909.17 KES
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1 DOGE to Sh 20.5 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 Namecoin 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 Namecoin 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 Namecoin 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.
