PRL
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 The Parallel(PRL) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 PRL at a value of 1 PRL for 0.08 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 The Parallel currency pair is the PRL to KES, with for The Parallel's currency code being PRL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
PRL to KES conversion rate trend
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In the past 1D, The Parallel has changed +0.05% to KES. Based on the trend and price charts, The Parallel(PRL) has changed +0.05% to KES while Kenyan Shilling(KES) has changed % to PRL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.07523 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 00:35:25(UTC+0)
How to buy The Parallel
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy The Parallel (PRL)
Use a variety of payment options to buy The Parallel on Bitget. We'll show you how.
Buy PRL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading does not currently support direct buying of PRL with KES. However, you can buy USDT in Bitget P2P trading first, and then buy PRL 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 PRL (or USDT) for KES (Kenyan Shilling) offers
Bitget P2P trading currently does not support direct selling of PRL to KES. However, you can first exchange PRL 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 The Parallel to Kenyan Shilling?
The Parallel to Kenyan Shilling is falling this week.The Parallel's current market price is Sh 0.07523 per PRL, with a total market cap of Sh 0 KES based on a circulating supply of -- PRL. The trading volume of The Parallel has changed by -99.97% (Sh -85,540.34 KES) in the last 24 hours. Last trading day, PRL's trading volume was Sh 85,567.98.
Market cap
$0
24h volume
$0.21346558
Circulating supply
0 PRL
Conversion tables
The exchange rate of The Parallel is decreasing.1 PRL is currently valued at Sh 0.07523 KES , which means buying 5 PRL will cost Sh 0.3762 KES . Similarly, Sh1 KES can be traded for 13.29 PRL, and Sh50 KES can be converted to 664.6 PRL, excluding any platform or gas fees.
The exchange rate of 1 PRL to Kenyan Shilling has changed by -3.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.05%, reaching a high of 0.07523 KES and a low of 0.07520 KES . One month ago, the value of 1 PRL was Sh 0.08546 KES , which represents a -11.97% change from its current value. Over the last year, The Parallel has changed by , resulting in a change of -42.98% in its value.
-Sh
0.05671KESPRL to KES
Amount
01:03 am today
0.5 PRL
Sh0.03762
1 PRL
Sh0.07523
5 PRL
Sh0.3762
10 PRL
Sh0.7523
50 PRL
Sh3.76
100 PRL
Sh7.52
500 PRL
Sh37.62
1000 PRL
Sh75.23
KES to PRL
Amount01:03 am today
0.5KES6.65 PRL
1KES13.29 PRL
5KES66.46 PRL
10KES132.92 PRL
50KES664.6 PRL
100KES1,329.19 PRL
500KES6,645.97 PRL
1000KES13,291.94 PRL
Today vs. 24 hours ago
| Amount | 01:03 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PRL | $0.0002905 | $0.0002904 | +0.05% |
| 1 PRL | $0.0005811 | $0.0005808 | +0.05% |
| 5 PRL | $0.002905 | $0.002904 | +0.05% |
| 10 PRL | $0.005811 | $0.005808 | +0.05% |
| 50 PRL | $0.02905 | $0.02904 | +0.05% |
| 100 PRL | $0.05811 | $0.05808 | +0.05% |
| 500 PRL | $0.2905 | $0.2904 | +0.05% |
| 1000 PRL | $0.5811 | $0.5808 | +0.05% |
Today vs. 1 month ago
| Amount | 01:03 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PRL | $0.0002905 | $0.0003300 | -11.97% |
| 1 PRL | $0.0005811 | $0.0006601 | -11.97% |
| 5 PRL | $0.002905 | $0.003300 | -11.97% |
| 10 PRL | $0.005811 | $0.006601 | -11.97% |
| 50 PRL | $0.02905 | $0.03300 | -11.97% |
| 100 PRL | $0.05811 | $0.06601 | -11.97% |
| 500 PRL | $0.2905 | $0.3300 | -11.97% |
| 1000 PRL | $0.5811 | $0.6601 | -11.97% |
Today vs. 1 year ago
| Amount | 01:03 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PRL | $0.0002905 | $0.0005095 | -42.98% |
| 1 PRL | $0.0005811 | $0.001019 | -42.98% |
| 5 PRL | $0.002905 | $0.005095 | -42.98% |
| 10 PRL | $0.005811 | $0.01019 | -42.98% |
| 50 PRL | $0.02905 | $0.05095 | -42.98% |
| 100 PRL | $0.05811 | $0.1019 | -42.98% |
| 500 PRL | $0.2905 | $0.5095 | -42.98% |
| 1000 PRL | $0.5811 | $1.02 | -42.98% |
The Parallel price prediction
What will the price of PRL be in 2025?
Based on PRL's historical price performance prediction model, the price of PRL is projected to reach $0.0007679 in 2025.
What will the price of PRL be in 2030?
In 2030, the PRL price is expected to change by -12.00%. By the end of 2030, the PRL price is projected to reach $0.001154, with a cumulative ROI of +98.66%.
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Popular The Parallel conversions
Check out these popular currency conversions of The Parallel to several fiat currencies.
The Parallel to USD
1 PRL to $ 0.0005811 USD
The Parallel to GBP
1 PRL to £ 0.0004613 GBP
The Parallel to EUR
1 PRL to € 0.0005545 EUR
The Parallel to KRW
1 PRL to ₩ 0.8161 KRW
The Parallel to CAD
1 PRL to $ 0.0008107 CAD
The Parallel to AUD
1 PRL to $ 0.0008889 AUD
The Parallel to JPY
1 PRL to ¥ 0.08962 JPY
The Parallel to BRL
1 PRL to R$ 0.003370 BRL
The Parallel to CNY
1 PRL to ¥ 0.004226 CNY
The Parallel to TWD
1 PRL to NT$ 0.01893 TWD
Popular cryptocurrencies to KES
Explore other cryptocurrencies based on your interest in The Parallel.
Bitcoin to KES
1 BTC to Sh 12,694,228.77 KES
MAD to KES
1 MAD to Sh 0.005268 KES
XRP to KES
1 XRP to Sh 182.66 KES
Stellar to KES
1 XLM to Sh 68.53 KES
Kusama to KES
1 KSM to Sh 5,169.37 KES
Dogecoin to KES
1 DOGE to Sh 55.04 KES
Hedera to KES
1 HBAR to Sh 18.46 KES
Cardano to KES
1 ADA to Sh 130.78 KES
Polkadot to KES
1 DOT to Sh 1,122.32 KES
Solana to KES
1 SOL to Sh 32,618.24 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 The Parallel 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 The Parallel 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 The Parallel 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.
