RNT
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 Rencom Network(RNT) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 RNT at a value of 1 RNT for 2.85 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 Rencom Network currency pair is the RNT to KES, with for Rencom Network's currency code being RNT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
RNT to KES conversion rate trend
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In the past 1D, Rencom Network has changed +9.04% to KES. Based on the trend and price charts, Rencom Network(RNT) has changed +9.04% to KES while Kenyan Shilling(KES) has changed % to RNT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh2.85 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/17 08:38:59(UTC+0)
How to buy Rencom Network
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Rencom Network (RNT)
Use a variety of payment options to buy Rencom Network on Bitget. We'll show you how.
Buy RNT (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of RNT with KES. However, you can buy USDT in Bitget P2P trading first, and then buy RNT 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 RNT (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of RNT to KES. However, you can first exchange RNT 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 Rencom Network to Kenyan Shilling?
Rencom Network to Kenyan Shilling is rising this week.Rencom Network's current market price is Sh 2.85 per RNT, with a total market cap of Sh 0 KES based on a circulating supply of -- RNT. The trading volume of Rencom Network has changed by +39.33% (Sh 1,936.36 KES) in the last 24 hours. Last trading day, RNT's trading volume was Sh 4,923.32.
Market cap
$0
24h volume
$52.80978755
Circulating supply
0 RNT
Conversion tables
The exchange rate of Rencom Network is decreasing.1 RNT is currently valued at Sh 2.85 KES , which means buying 5 RNT will cost Sh 14.25 KES . Similarly, Sh1 KES can be traded for 0.3510 RNT, and Sh50 KES can be converted to 17.55 RNT, excluding any platform or gas fees.
The exchange rate of 1 RNT to Kenyan Shilling has changed by +40.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.04%, reaching a high of 12.99 KES and a low of 5.66 KES . One month ago, the value of 1 RNT was Sh 39.64 KES , which represents a -84.28% change from its current value. Over the last year, Rencom Network has changed by , resulting in a change of 0.00% in its value.
+Sh
6.86KESRNT to KES
Amount
20:46 today
0.5 RNT
Sh1.42
1 RNT
Sh2.85
5 RNT
Sh14.25
10 RNT
Sh28.49
50 RNT
Sh142.45
100 RNT
Sh284.91
500 RNT
Sh1,424.54
1000 RNT
Sh2,849.07
KES to RNT
Amount20:46 today
0.5KES0.1755 RNT
1KES0.3510 RNT
5KES1.75 RNT
10KES3.51 RNT
50KES17.55 RNT
100KES35.1 RNT
500KES175.5 RNT
1000KES350.99 RNT
Today vs. 24 hours ago
| Amount | 20:46 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RNT | $0.01097 | $0.008777 | +9.04% |
| 1 RNT | $0.02193 | $0.01755 | +9.04% |
| 5 RNT | $0.1097 | $0.08777 | +9.04% |
| 10 RNT | $0.2193 | $0.1755 | +9.04% |
| 50 RNT | $1.1 | $0.8777 | +9.04% |
| 100 RNT | $2.19 | $1.76 | +9.04% |
| 500 RNT | $10.97 | $8.78 | +9.04% |
| 1000 RNT | $21.93 | $17.55 | +9.04% |
Today vs. 1 month ago
| Amount | 20:46 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RNT | $0.01097 | $0.1526 | -84.28% |
| 1 RNT | $0.02193 | $0.3052 | -84.28% |
| 5 RNT | $0.1097 | $1.53 | -84.28% |
| 10 RNT | $0.2193 | $3.05 | -84.28% |
| 50 RNT | $1.1 | $15.26 | -84.28% |
| 100 RNT | $2.19 | $30.52 | -84.28% |
| 500 RNT | $10.97 | $152.6 | -84.28% |
| 1000 RNT | $21.93 | $305.2 | -84.28% |
Today vs. 1 year ago
| Amount | 20:46 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RNT | $0.01097 | $-0.01545 | 0.00% |
| 1 RNT | $0.02193 | $-0.03091 | 0.00% |
| 5 RNT | $0.1097 | $-0.1545 | 0.00% |
| 10 RNT | $0.2193 | $-0.3091 | 0.00% |
| 50 RNT | $1.1 | $-1.5454 | 0.00% |
| 100 RNT | $2.19 | $-3.09085 | 0.00% |
| 500 RNT | $10.97 | $-15.4543 | 0.00% |
| 1000 RNT | $21.93 | $-30.9085 | 0.00% |
Rencom Network price prediction
What will the price of RNT be in 2025?
Based on RNT's historical price performance prediction model, the price of RNT is projected to reach $0.01892 in 2025.
What will the price of RNT be in 2030?
In 2030, the RNT price is expected to change by -18.00%. By the end of 2030, the RNT price is projected to reach $0.02397, with a cumulative ROI of +9.29%.
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Popular Rencom Network conversions
Check out these popular currency conversions of Rencom Network to several fiat currencies.
Rencom Network to USD
1 RNT to $ 0.02193 USD
Rencom Network to GBP
1 RNT to £ 0.01738 GBP
Rencom Network to EUR
1 RNT to € 0.02080 EUR
Rencom Network to KRW
1 RNT to ₩ 30.62 KRW
Rencom Network to CAD
1 RNT to $ 0.03089 CAD
Rencom Network to AUD
1 RNT to $ 0.03391 AUD
Rencom Network to JPY
1 RNT to ¥ 3.39 JPY
Rencom Network to BRL
1 RNT to R$ 0.1271 BRL
Rencom Network to CNY
1 RNT to ¥ 0.1587 CNY
Rencom Network to TWD
1 RNT to NT$ 0.7123 TWD
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Explore other cryptocurrencies based on your interest in Rencom Network.
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1 FLOKI to Sh 0.03462 KES
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1 PEPE to Sh 0.002761 KES
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1 DOGE to Sh 46.95 KES
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1 XLM to Sh 25.08 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 Rencom 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 Rencom 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 Rencom 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.
