BAL
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 Balancer(BAL) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 BAL at a value of 1 BAL for 328.66 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 Balancer currency pair is the BAL to KES, with for Balancer's currency code being BAL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
BAL to KES conversion rate trend
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In the past 1D, Balancer has changed +6.86% to KES. Based on the trend and price charts, Balancer(BAL) has changed +6.86% to KES while Kenyan Shilling(KES) has changed % to BAL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh329.89 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh329.5 | 0.1000% / 0.1000% | Yes |
OKX | Sh329.24 | 0.080% / 0.100% | Yes |
Huobi | Sh329.5 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh329.11 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh330.27 | 0.1000% / 0.1000% | Yes |
Bitfinex | Sh269.99 | 0.1000% / 0.1000% | Yes |
Last updated 2024/08/30 01:00:18(UTC+0)
How to buy Balancer
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Buy Balancer (BAL)
Use a variety of payment options to buy Balancer on Bitget. We'll show you how.
Learn MoreBuy BAL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of BAL with KES. However, you can buy USDT in Bitget P2P trading first, and then buy BAL 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 BAL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of BAL to KES. However, you can first exchange BAL 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 Balancer to Kenyan Shilling?
Balancer to Kenyan Shilling is rising this week.Balancer's current market price is Sh 328.66 per BAL, with a total market cap of Sh 20,031,036,208.09 KES based on a circulating supply of 60,948,376 BAL. The trading volume of Balancer has changed by +19.27% (Sh 316,314,490.76 KES) in the last 24 hours. Last trading day, BAL's trading volume was Sh 1,641,333,403.03.
Market cap
$154.72M
24h volume
$15.12M
Circulating supply
60.95M BAL
Conversion tables
The exchange rate of Balancer is increasing.1 BAL is currently valued at Sh 328.66 KES , which means buying 5 BAL will cost Sh 1,643.28 KES . Similarly, Sh1 KES can be traded for 0.003043 BAL, and Sh50 KES can be converted to 0.1521 BAL, excluding any platform or gas fees.
The exchange rate of 1 BAL to Kenyan Shilling has changed by +11.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.86%, reaching a high of 332.29 KES and a low of 306.89 KES . One month ago, the value of 1 BAL was Sh 255.02 KES , which represents a +28.87% change from its current value. Over the last year, Balancer has changed by , resulting in a change of -33.51% in its value.
-Sh
165.61KESBAL to KES
Amount
22:13 today
0.5 BAL
Sh164.33
1 BAL
Sh328.66
5 BAL
Sh1,643.28
10 BAL
Sh3,286.56
50 BAL
Sh16,432.79
100 BAL
Sh32,865.58
500 BAL
Sh164,327.89
1000 BAL
Sh328,655.78
KES to BAL
Amount22:13 today
0.5KES0.001521 BAL
1KES0.003043 BAL
5KES0.01521 BAL
10KES0.03043 BAL
50KES0.1521 BAL
100KES0.3043 BAL
500KES1.52 BAL
1000KES3.04 BAL
Today vs. 24 hours ago
| Amount | 22:13 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BAL | $1.27 | $1.19 | +6.86% |
| 1 BAL | $2.54 | $2.38 | +6.86% |
| 5 BAL | $12.69 | $11.88 | +6.86% |
| 10 BAL | $25.38 | $23.75 | +6.86% |
| 50 BAL | $126.92 | $118.77 | +6.86% |
| 100 BAL | $253.85 | $237.54 | +6.86% |
| 500 BAL | $1,269.25 | $1,187.71 | +6.86% |
| 1000 BAL | $2,538.5 | $2,375.42 | +6.86% |
Today vs. 1 month ago
| Amount | 22:13 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BAL | $1.27 | $0.9849 | +28.87% |
| 1 BAL | $2.54 | $1.97 | +28.87% |
| 5 BAL | $12.69 | $9.85 | +28.87% |
| 10 BAL | $25.38 | $19.7 | +28.87% |
| 50 BAL | $126.92 | $98.49 | +28.87% |
| 100 BAL | $253.85 | $196.97 | +28.87% |
| 500 BAL | $1,269.25 | $984.87 | +28.87% |
| 1000 BAL | $2,538.5 | $1,969.74 | +28.87% |
Today vs. 1 year ago
| Amount | 22:13 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BAL | $1.27 | $1.91 | -33.51% |
| 1 BAL | $2.54 | $3.82 | -33.51% |
| 5 BAL | $12.69 | $19.09 | -33.51% |
| 10 BAL | $25.38 | $38.18 | -33.51% |
| 50 BAL | $126.92 | $190.88 | -33.51% |
| 100 BAL | $253.85 | $381.76 | -33.51% |
| 500 BAL | $1,269.25 | $1,908.81 | -33.51% |
| 1000 BAL | $2,538.5 | $3,817.63 | -33.51% |
Balancer price prediction
What will the price of BAL be in 2025?
Based on BAL's historical price performance prediction model, the price of BAL is projected to reach $2.52 in 2025.
What will the price of BAL be in 2030?
In 2030, the BAL price is expected to change by -20.00%. By the end of 2030, the BAL price is projected to reach $4.01, with a cumulative ROI of +65.34%.
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Popular Balancer conversions
Check out these popular currency conversions of Balancer to several fiat currencies.
Balancer to USD
1 BAL to $ 2.54 USD
Balancer to GBP
1 BAL to £ 2.03 GBP
Balancer to EUR
1 BAL to € 2.44 EUR
Balancer to KRW
1 BAL to ₩ 3,565.34 KRW
Balancer to CAD
1 BAL to $ 3.56 CAD
Balancer to AUD
1 BAL to $ 3.9 AUD
Balancer to JPY
1 BAL to ¥ 392.88 JPY
Balancer to BRL
1 BAL to R$ 14.73 BRL
Balancer to CNY
1 BAL to ¥ 18.41 CNY
Balancer to TWD
1 BAL to NT$ 82.71 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Balancer.
Bitcoin to KES
1 BTC to Sh 12,698,608.59 KES
EGO to KES
1 EGO to Sh 2.73 KES
Evan to KES
1 EVAN to Sh 3.65 KES
MAD to KES
1 MAD to Sh 0.004867 KES
Dogecoin to KES
1 DOGE to Sh 57.08 KES
Stellar to KES
1 XLM to Sh 64.2 KES
Hedera to KES
1 HBAR to Sh 19.71 KES
Sui to KES
1 SUI to Sh 450.76 KES
Algorand to KES
1 ALGO to Sh 37.8 KES
VeChain to KES
1 VET to Sh 5.44 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 Balancer 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 Balancer 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 Balancer 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.
