DRC
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 Digital Reserve Currency(DRC) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 DRC at a value of 1 DRC for 0.03 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 Digital Reserve Currency currency pair is the DRC to KES, with for Digital Reserve Currency's currency code being DRC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
DRC to KES conversion rate trend
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In the past 1D, Digital Reserve Currency has changed -2.83% to KES. Based on the trend and price charts, Digital Reserve Currency(DRC) has changed -2.83% to KES while Kenyan Shilling(KES) has changed % to DRC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.02684 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 16:31:33(UTC+0)
How to buy Digital Reserve Currency
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 Digital Reserve Currency (DRC)
Use a variety of payment options to buy Digital Reserve Currency on Bitget. We'll show you how.
Buy DRC (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of DRC with KES. However, you can buy USDT in Bitget P2P trading first, and then buy DRC 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 DRC (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of DRC to KES. However, you can first exchange DRC 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 Digital Reserve Currency to Kenyan Shilling?
Digital Reserve Currency to Kenyan Shilling is rising this week.Digital Reserve Currency's current market price is Sh 0.02696 per DRC, with a total market cap of Sh 26,960,557.83 KES based on a circulating supply of 1,000,000,000 DRC. The trading volume of Digital Reserve Currency has changed by -1.96% (Sh -587.78 KES) in the last 24 hours. Last trading day, DRC's trading volume was Sh 29,971.9.
Market cap
$208.24K
24h volume
$226.95926738
Circulating supply
1.00B DRC
Conversion tables
The exchange rate of Digital Reserve Currency is increasing.1 DRC is currently valued at Sh 0.02696 KES , which means buying 5 DRC will cost Sh 0.1348 KES . Similarly, Sh1 KES can be traded for 37.09 DRC, and Sh50 KES can be converted to 1,854.56 DRC, excluding any platform or gas fees.
The exchange rate of 1 DRC to Kenyan Shilling has changed by +10.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.83%, reaching a high of 0.02788 KES and a low of 0.02661 KES . One month ago, the value of 1 DRC was Sh 0.01926 KES , which represents a +40.07% change from its current value. Over the last year, Digital Reserve Currency has changed by , resulting in a change of -17.77% in its value.
-Sh
0.005818KESDRC to KES
Amount
19:12 today
0.5 DRC
Sh0.01348
1 DRC
Sh0.02696
5 DRC
Sh0.1348
10 DRC
Sh0.2696
50 DRC
Sh1.35
100 DRC
Sh2.7
500 DRC
Sh13.48
1000 DRC
Sh26.96
KES to DRC
Amount19:12 today
0.5KES18.55 DRC
1KES37.09 DRC
5KES185.46 DRC
10KES370.91 DRC
50KES1,854.56 DRC
100KES3,709.12 DRC
500KES18,545.61 DRC
1000KES37,091.22 DRC
Today vs. 24 hours ago
| Amount | 19:12 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DRC | $0.0001041 | $0.0001071 | -2.83% |
| 1 DRC | $0.0002082 | $0.0002143 | -2.83% |
| 5 DRC | $0.001041 | $0.001071 | -2.83% |
| 10 DRC | $0.002082 | $0.002143 | -2.83% |
| 50 DRC | $0.01041 | $0.01071 | -2.83% |
| 100 DRC | $0.02082 | $0.02143 | -2.83% |
| 500 DRC | $0.1041 | $0.1071 | -2.83% |
| 1000 DRC | $0.2082 | $0.2143 | -2.83% |
Today vs. 1 month ago
| Amount | 19:12 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DRC | $0.0001041 | $0.{4}7438 | +40.07% |
| 1 DRC | $0.0002082 | $0.0001488 | +40.07% |
| 5 DRC | $0.001041 | $0.0007438 | +40.07% |
| 10 DRC | $0.002082 | $0.001488 | +40.07% |
| 50 DRC | $0.01041 | $0.007438 | +40.07% |
| 100 DRC | $0.02082 | $0.01488 | +40.07% |
| 500 DRC | $0.1041 | $0.07438 | +40.07% |
| 1000 DRC | $0.2082 | $0.1488 | +40.07% |
Today vs. 1 year ago
| Amount | 19:12 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DRC | $0.0001041 | $0.0001266 | -17.77% |
| 1 DRC | $0.0002082 | $0.0002532 | -17.77% |
| 5 DRC | $0.001041 | $0.001266 | -17.77% |
| 10 DRC | $0.002082 | $0.002532 | -17.77% |
| 50 DRC | $0.01041 | $0.01266 | -17.77% |
| 100 DRC | $0.02082 | $0.02532 | -17.77% |
| 500 DRC | $0.1041 | $0.1266 | -17.77% |
| 1000 DRC | $0.2082 | $0.2532 | -17.77% |
Digital Reserve Currency price prediction
What will the price of DRC be in 2025?
Based on DRC's historical price performance prediction model, the price of DRC is projected to reach $0.0003209 in 2025.
What will the price of DRC be in 2030?
In 2030, the DRC price is expected to change by -5.00%. By the end of 2030, the DRC price is projected to reach $0.0005841, with a cumulative ROI of +184.61%.
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Popular Digital Reserve Currency conversions
Check out these popular currency conversions of Digital Reserve Currency to several fiat currencies.
Digital Reserve Currency to USD
1 DRC to $ 0.0002082 USD
Digital Reserve Currency to GBP
1 DRC to £ 0.0001662 GBP
Digital Reserve Currency to EUR
1 DRC to € 0.0001999 EUR
Digital Reserve Currency to KRW
1 DRC to ₩ 0.2925 KRW
Digital Reserve Currency to CAD
1 DRC to $ 0.0002922 CAD
Digital Reserve Currency to AUD
1 DRC to $ 0.0003202 AUD
Digital Reserve Currency to JPY
1 DRC to ¥ 0.03223 JPY
Digital Reserve Currency to BRL
1 DRC to R$ 0.001208 BRL
Digital Reserve Currency to CNY
1 DRC to ¥ 0.001510 CNY
Digital Reserve Currency to TWD
1 DRC to NT$ 0.006785 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Digital Reserve Currency.
Bitcoin to KES
1 BTC to Sh 12,475,773.54 KES
MAD to KES
1 MAD to Sh 0.005493 KES
XRP to KES
1 XRP to Sh 180.94 KES
Stellar to KES
1 XLM to Sh 70 KES
Kusama to KES
1 KSM to Sh 5,268.99 KES
Dogecoin to KES
1 DOGE to Sh 54.33 KES
Hedera to KES
1 HBAR to Sh 18.47 KES
Cardano to KES
1 ADA to Sh 128.55 KES
Polkadot to KES
1 DOT to Sh 1,100.12 KES
Solana to KES
1 SOL to Sh 32,299.17 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 Digital Reserve Currency 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 Digital Reserve Currency 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 Digital Reserve Currency 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.
