PARAS
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 Paras(PARAS) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 PARAS at a value of 1 PARAS for 0.63 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 Paras currency pair is the PARAS to KES, with for Paras's currency code being PARAS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
PARAS to KES conversion rate trend
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In the past 1D, Paras has changed -2.01% to KES. Based on the trend and price charts, Paras(PARAS) has changed -2.01% to KES while Kenyan Shilling(KES) has changed % to PARAS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.6303 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/02 16:34:35(UTC+0)
How to buy Paras
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 Paras (PARAS)
Use a variety of payment options to buy Paras on Bitget. We'll show you how.
Buy PARAS (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of PARAS with KES. However, you can buy USDT in Bitget P2P trading first, and then buy PARAS 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 PARAS (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of PARAS to KES. However, you can first exchange PARAS 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 Paras to Kenyan Shilling?
Paras to Kenyan Shilling is falling this week.Paras's current market price is Sh 0.6303 per PARAS, with a total market cap of Sh 0 KES based on a circulating supply of -- PARAS. The trading volume of Paras has changed by -96.18% (Sh -61,070.98 KES) in the last 24 hours. Last trading day, PARAS's trading volume was Sh 63,497.61.
Market cap
$0
24h volume
$18.83403784
Circulating supply
0 PARAS
Conversion tables
The exchange rate of Paras is decreasing.1 PARAS is currently valued at Sh 0.6303 KES , which means buying 5 PARAS will cost Sh 3.15 KES . Similarly, Sh1 KES can be traded for 1.59 PARAS, and Sh50 KES can be converted to 79.33 PARAS, excluding any platform or gas fees.
The exchange rate of 1 PARAS to Kenyan Shilling has changed by -3.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.01%, reaching a high of 0.6449 KES and a low of 0.6299 KES . One month ago, the value of 1 PARAS was Sh 1.35 KES , which represents a -53.26% change from its current value. Over the last year, Paras has changed by , resulting in a change of -28.71% in its value.
-Sh
0.2538KESPARAS to KES
Amount
19:30 today
0.5 PARAS
Sh0.3151
1 PARAS
Sh0.6303
5 PARAS
Sh3.15
10 PARAS
Sh6.3
50 PARAS
Sh31.51
100 PARAS
Sh63.03
500 PARAS
Sh315.13
1000 PARAS
Sh630.26
KES to PARAS
Amount19:30 today
0.5KES0.7933 PARAS
1KES1.59 PARAS
5KES7.93 PARAS
10KES15.87 PARAS
50KES79.33 PARAS
100KES158.66 PARAS
500KES793.32 PARAS
1000KES1,586.64 PARAS
Today vs. 24 hours ago
| Amount | 19:30 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PARAS | $0.002446 | $0.002496 | -2.01% |
| 1 PARAS | $0.004892 | $0.004992 | -2.01% |
| 5 PARAS | $0.02446 | $0.02496 | -2.01% |
| 10 PARAS | $0.04892 | $0.04992 | -2.01% |
| 50 PARAS | $0.2446 | $0.2496 | -2.01% |
| 100 PARAS | $0.4892 | $0.4992 | -2.01% |
| 500 PARAS | $2.45 | $2.5 | -2.01% |
| 1000 PARAS | $4.89 | $4.99 | -2.01% |
Today vs. 1 month ago
| Amount | 19:30 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PARAS | $0.002446 | $0.005233 | -53.26% |
| 1 PARAS | $0.004892 | $0.01047 | -53.26% |
| 5 PARAS | $0.02446 | $0.05233 | -53.26% |
| 10 PARAS | $0.04892 | $0.1047 | -53.26% |
| 50 PARAS | $0.2446 | $0.5233 | -53.26% |
| 100 PARAS | $0.4892 | $1.05 | -53.26% |
| 500 PARAS | $2.45 | $5.23 | -53.26% |
| 1000 PARAS | $4.89 | $10.47 | -53.26% |
Today vs. 1 year ago
| Amount | 19:30 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PARAS | $0.002446 | $0.003431 | -28.71% |
| 1 PARAS | $0.004892 | $0.006861 | -28.71% |
| 5 PARAS | $0.02446 | $0.03431 | -28.71% |
| 10 PARAS | $0.04892 | $0.06861 | -28.71% |
| 50 PARAS | $0.2446 | $0.3431 | -28.71% |
| 100 PARAS | $0.4892 | $0.6861 | -28.71% |
| 500 PARAS | $2.45 | $3.43 | -28.71% |
| 1000 PARAS | $4.89 | $6.86 | -28.71% |
Paras price prediction
What will the price of PARAS be in 2025?
Based on PARAS's historical price performance prediction model, the price of PARAS is projected to reach $0.008868 in 2025.
What will the price of PARAS be in 2030?
In 2030, the PARAS price is expected to change by -10.00%. By the end of 2030, the PARAS price is projected to reach $0.01955, with a cumulative ROI of +243.78%.
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Popular Paras conversions
Check out these popular currency conversions of Paras to several fiat currencies.
Paras to USD
1 PARAS to $ 0.004892 USD
Paras to GBP
1 PARAS to £ 0.003784 GBP
Paras to EUR
1 PARAS to € 0.004498 EUR
Paras to KRW
1 PARAS to ₩ 6.75 KRW
Paras to CAD
1 PARAS to $ 0.006832 CAD
Paras to AUD
1 PARAS to $ 0.007456 AUD
Paras to JPY
1 PARAS to ¥ 0.7486 JPY
Paras to BRL
1 PARAS to R$ 0.02871 BRL
Paras to CNY
1 PARAS to ¥ 0.03487 CNY
Paras to TWD
1 PARAS to NT$ 0.1562 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Paras.
Bitcoin to KES
1 BTC to Sh 8,946,886.33 KES
Grass to KES
1 GRASS to Sh -- KES
Solana to KES
1 SOL to Sh 21,144.69 KES
Sui to KES
1 SUI to Sh 243.27 KES
Dogecoin to KES
1 DOGE to Sh 20.49 KES
Ethereum to KES
1 ETH to Sh 320,503.84 KES
Pepe to KES
1 PEPE to Sh 0.001116 KES
Virtuals Protocol to KES
1 VIRTUAL to Sh 56.63 KES
Goatseus Maximus to KES
1 GOAT to Sh 56.33 KES
BNB to KES
1 BNB to Sh 73,260.11 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 Paras 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 Paras 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 Paras 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.
