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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance63.44%
New listings: Pi Network
Hot BTC ETF : IBIT
BTC/USDT$93925.57 (+0.31%)Fear and Greed Index63(Greed)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow +$917M (1D); +$2.22B (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance63.44%
New listings: Pi Network
Hot BTC ETF : IBIT
BTC/USDT$93925.57 (+0.31%)Fear and Greed Index63(Greed)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow +$917M (1D); +$2.22B (7D).Welcome gift package for new users worth 6200 USDT.Claim now
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DEEP
KES
Last updated as of 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 DeepBook Protocol(DEEP) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 DEEP at a value of 1 DEEP for 21.86 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 DeepBook Protocol currency pair is the DEEP to KES, with for DeepBook Protocol's currency code being DEEP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
DEEP to KES conversion rate trend
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In the past 1D, DeepBook Protocol has changed -5.94% to KES. Based on the trend and price charts, DeepBook Protocol(DEEP) has changed -5.94% to KES while Kenyan Shilling(KES) has changed % to DEEP in the last 24 hours.
DEEP to KES market statistics
DEEP/KES:
Sh 21.86
DEEP 24h volume:
Sh 30,354,830,749.35
DEEP market cap:
Sh 66,861,383,274.68
DEEP circulating supply:
3.06B DEEP
More info about DeepBook Protocol on Bitget
Current DEEP to KES exchange rate
DeepBook Protocol to Kenyan Shilling is rising this week.DeepBook Protocol's current market price is Sh 21.86 per DEEP, with a total market cap of Sh 66,861,383,274.68 KES based on a circulating supply of 3,058,000,000 DEEP. The trading volume of DeepBook Protocol has changed by -74.97% (Sh -90,900,070,601.82 KES) in the last 24 hours. Last trading day, DEEP's trading volume was Sh 121,254,901,351.17.
DEEP to KES Conversion tables
The exchange rate of DeepBook Protocol is increasing.1 DEEP is currently valued at Sh 21.86 KES , which means buying 5 DEEP will cost Sh 109.32 KES . Similarly, Sh1 KES can be traded for 0.04574 DEEP, and Sh50 KES can be converted to 2.29 DEEP, excluding any platform or gas fees.
The exchange rate of 1 DEEP to Kenyan Shilling has changed by +100.33% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.94%, reaching a high of 23.95 KES and a low of 20.31 KES . One month ago, the value of 1 DEEP was Sh 11.7 KES , which represents a +86.83% change from its current value. Over the last year, DeepBook Protocol has changed by , resulting in a change of +1153.42% in its value.
+Sh
20.12KESDEEP to KES
Amount
23:37 today
0.5 DEEP
Sh10.93
1 DEEP
Sh21.86
5 DEEP
Sh109.32
10 DEEP
Sh218.64
50 DEEP
Sh1,093.22
100 DEEP
Sh2,186.44
500 DEEP
Sh10,932.21
1000 DEEP
Sh21,864.42
KES to DEEP
Amount23:37 today
0.5KES0.02287 DEEP
1KES0.04574 DEEP
5KES0.2287 DEEP
10KES0.4574 DEEP
50KES2.29 DEEP
100KES4.57 DEEP
500KES22.87 DEEP
1000KES45.74 DEEP
DEEP to KES Today vs. 24 hours ago
| Amount | 23:37 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DEEP | Sh10.93 | Sh11.62 | -5.94% |
| 1 DEEP | Sh21.86 | Sh23.25 | -5.94% |
| 5 DEEP | Sh109.32 | Sh116.23 | -5.94% |
| 10 DEEP | Sh218.64 | Sh232.45 | -5.94% |
| 50 DEEP | Sh1,093.22 | Sh1,162.27 | -5.94% |
| 100 DEEP | Sh2,186.44 | Sh2,324.53 | -5.94% |
| 500 DEEP | Sh10,932.21 | Sh11,622.66 | -5.94% |
| 1000 DEEP | Sh21,864.42 | Sh23,245.32 | -5.94% |
DEEP to KES Today vs. 1 month ago
| Amount | 23:37 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DEEP | Sh10.93 | Sh5.85 | +86.83% |
| 1 DEEP | Sh21.86 | Sh11.7 | +86.83% |
| 5 DEEP | Sh109.32 | Sh58.51 | +86.83% |
| 10 DEEP | Sh218.64 | Sh117.03 | +86.83% |
| 50 DEEP | Sh1,093.22 | Sh585.13 | +86.83% |
| 100 DEEP | Sh2,186.44 | Sh1,170.26 | +86.83% |
| 500 DEEP | Sh10,932.21 | Sh5,851.29 | +86.83% |
| 1000 DEEP | Sh21,864.42 | Sh11,702.57 | +86.83% |
DEEP to KES Today vs. 1 year ago
| Amount | 23:37 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DEEP | Sh10.93 | Sh0.8722 | +1153.42% |
| 1 DEEP | Sh21.86 | Sh1.74 | +1153.42% |
| 5 DEEP | Sh109.32 | Sh8.72 | +1153.42% |
| 10 DEEP | Sh218.64 | Sh17.44 | +1153.42% |
| 50 DEEP | Sh1,093.22 | Sh87.22 | +1153.42% |
| 100 DEEP | Sh2,186.44 | Sh174.44 | +1153.42% |
| 500 DEEP | Sh10,932.21 | Sh872.19 | +1153.42% |
| 1000 DEEP | Sh21,864.42 | Sh1,744.38 | +1153.42% |
How to convert DEEP to KES
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Learn moreBuy DEEP (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of DEEP with KES. However, you can buy USDT in Bitget P2P trading first, and then buy DEEP with USDT via Bitget spot market.
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Sell DEEP (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of DEEP to KES. However, you can first exchange DEEP for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of DEEP to KES?
There are many factors that affect the relationship between DeepBook Protocol and Kenyan Shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of DEEP/KES. When there is positive news in the market about the widespread adoption of DEEP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DEEP/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DEEP/KES.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of DEEP/KES. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of DeepBook Protocol and adjust their investment strategies accordingly in the evolving market.
DeepBook Protocol Price Prediction
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Popular DeepBook Protocol Converter
Check out these popular currency conversions of DeepBook Protocol to several fiat currencies.
DEEP to TWD
1 DEEP to NT$ 5.48 TWD
DEEP to KES
1 DEEP to Sh 21.86 KES
DEEP to CNY
1 DEEP to ¥ 1.23 CNY
DEEP to USD
1 DEEP to $ 0.1690 USD
DEEP to EUR
1 DEEP to € 0.1484 EUR
DEEP to CAD
1 DEEP to C$ 0.2341 CAD
DEEP to KRW
1 DEEP to ₩ 241.9 KRW
DEEP to JPY
1 DEEP to ¥ 24.11 JPY
DEEP to GBP
1 DEEP to £ 0.1267 GBP
DEEP to BRL
1 DEEP to R$ 0.9607 BRL
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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 DeepBook Protocol 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 DeepBook Protocol 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 DeepBook Protocol 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.
