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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.97%
BTC/USDT$83111.22 (-1.09%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (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 market share61.97%
BTC/USDT$83111.22 (-1.09%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
FRM
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 Ferrum Network(FRM) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 FRM at a value of 1 FRM for 0.19 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 Ferrum Network currency pair is the FRM to KES, with for Ferrum Network's currency code being FRM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
FRM to KES conversion rate trend
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In the past 1D, Ferrum Network has changed +24.37% to KES. Based on the trend and price charts, Ferrum Network(FRM) has changed +24.37% to KES while Kenyan Shilling(KES) has changed % to FRM in the last 24 hours.
FRM to KES market statistics
FRM/KES:
Sh 0.1935
FRM 24h volume:
Sh 44,939,186.31
FRM market cap:
Sh 55,527,855.82
FRM circulating supply:
287.01M FRM
More info about Ferrum Network on Bitget
Current FRM to KES exchange rate
Ferrum Network to Kenyan Shilling is falling this week.Ferrum Network's current market price is Sh 0.1935 per FRM, with a total market cap of Sh 55,527,855.82 KES based on a circulating supply of 287,009,860 FRM. The trading volume of Ferrum Network has changed by +37.76% (Sh 12,316,996.93 KES) in the last 24 hours. Last trading day, FRM's trading volume was Sh 32,622,189.38.
FRM to KES Conversion tables
The exchange rate of Ferrum Network is increasing.1 FRM is currently valued at Sh 0.1935 KES , which means buying 5 FRM will cost Sh 0.9674 KES . Similarly, Sh1 KES can be traded for 5.17 FRM, and Sh50 KES can be converted to 258.44 FRM, excluding any platform or gas fees.
The exchange rate of 1 FRM to Kenyan Shilling has changed by -15.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by +24.37%, reaching a high of 0.2646 KES and a low of 0.1519 KES . One month ago, the value of 1 FRM was Sh 0.1763 KES , which represents a +9.76% change from its current value. Over the last year, Ferrum Network has changed by , resulting in a change of -98.36% in its value.
-Sh
11.6KESFRM to KES
Amount
22:50 today
0.5 FRM
Sh0.09674
1 FRM
Sh0.1935
5 FRM
Sh0.9674
10 FRM
Sh1.93
50 FRM
Sh9.67
100 FRM
Sh19.35
500 FRM
Sh96.74
1000 FRM
Sh193.47
KES to FRM
Amount22:50 today
0.5KES2.58 FRM
1KES5.17 FRM
5KES25.84 FRM
10KES51.69 FRM
50KES258.44 FRM
100KES516.88 FRM
500KES2,584.38 FRM
1000KES5,168.75 FRM
FRM to KES Today vs. 24 hours ago
| Amount | 22:50 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRM | Sh0.09674 | Sh0.07778 | +24.37% |
| 1 FRM | Sh0.1935 | Sh0.1556 | +24.37% |
| 5 FRM | Sh0.9674 | Sh0.7778 | +24.37% |
| 10 FRM | Sh1.93 | Sh1.56 | +24.37% |
| 50 FRM | Sh9.67 | Sh7.78 | +24.37% |
| 100 FRM | Sh19.35 | Sh15.56 | +24.37% |
| 500 FRM | Sh96.74 | Sh77.78 | +24.37% |
| 1000 FRM | Sh193.47 | Sh155.56 | +24.37% |
FRM to KES Today vs. 1 month ago
| Amount | 22:50 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRM | Sh0.09674 | Sh0.08813 | +9.76% |
| 1 FRM | Sh0.1935 | Sh0.1763 | +9.76% |
| 5 FRM | Sh0.9674 | Sh0.8813 | +9.76% |
| 10 FRM | Sh1.93 | Sh1.76 | +9.76% |
| 50 FRM | Sh9.67 | Sh8.81 | +9.76% |
| 100 FRM | Sh19.35 | Sh17.63 | +9.76% |
| 500 FRM | Sh96.74 | Sh88.13 | +9.76% |
| 1000 FRM | Sh193.47 | Sh176.27 | +9.76% |
FRM to KES Today vs. 1 year ago
| Amount | 22:50 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRM | Sh0.09674 | Sh5.9 | -98.36% |
| 1 FRM | Sh0.1935 | Sh11.79 | -98.36% |
| 5 FRM | Sh0.9674 | Sh58.96 | -98.36% |
| 10 FRM | Sh1.93 | Sh117.92 | -98.36% |
| 50 FRM | Sh9.67 | Sh589.61 | -98.36% |
| 100 FRM | Sh19.35 | Sh1,179.23 | -98.36% |
| 500 FRM | Sh96.74 | Sh5,896.14 | -98.36% |
| 1000 FRM | Sh193.47 | Sh11,792.28 | -98.36% |
How to convert FRM to KES
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert FRM to KES
Use a variety of payment options to buy Ferrum Network on Bitget. We'll show you how.
Buy FRM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of FRM with KES. However, you can buy USDT in Bitget P2P trading first, and then buy FRM 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 FRM (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of FRM to KES. However, you can first exchange FRM 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 FRM to KES?
There are many factors that affect the relationship between Ferrum Network 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 FRM/KES. When there is positive news in the market about the widespread adoption of FRM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FRM/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FRM/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 FRM/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 Ferrum Network and adjust their investment strategies accordingly in the evolving market.
Ferrum Network price prediction
What will the price of FRM be in 2026?
Based on FRM's historical price performance prediction model, the price of FRM is projected to reach $0.001772 in 2026.
What will the price of FRM be in 2031?
In 2031, the FRM price is expected to change by +3.00%. By the end of 2031, the FRM price is projected to reach $0.003098, with a cumulative ROI of +101.92%.
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Popular Ferrum Network Converter
Check out these popular currency conversions of Ferrum Network to several fiat currencies.
FRM to TWD
1 FRM to NT$ 0.04970 TWD
FRM to KES
1 FRM to Sh 0.1935 KES
FRM to CNY
1 FRM to ¥ 0.01091 CNY
FRM to USD
1 FRM to $ 0.001497 USD
FRM to EUR
1 FRM to € 0.001366 EUR
FRM to CAD
1 FRM to $ 0.002131 CAD
FRM to KRW
1 FRM to ₩ 2.19 KRW
FRM to JPY
1 FRM to ¥ 0.2202 JPY
FRM to GBP
1 FRM to £ 0.001163 GBP
FRM to BRL
1 FRM to R$ 0.008750 BRL
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in Ferrum Network.
PI to KES
1 PI to Sh 75.47 KES
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1 FIL to Sh 346.54 KES
ATOM to KES
1 ATOM to Sh 618.43 KES
USUAL to KES
1 USUAL to Sh 15.27 KES
BTC to KES
1 BTC to Sh 10,724,068.35 KES
CRTS to KES
1 CRTS to Sh 0.05211 KES
ZRO to KES
1 ZRO to Sh 386.96 KES
VIDT to KES
1 VIDT to Sh 3 KES
AMP to KES
1 AMP to Sh 0.4726 KES
BERA to KES
1 BERA to Sh 723.15 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 Ferrum Network 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 Ferrum Network 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 Ferrum Network 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.
