AFRO to KES Converter and calculator


Conversion rates
Convert AFRO to KES
Convert KES to AFRO
AFRO to KES chart
AFRO to KES conversion data: Volatility and price changes of Afrostar in KES
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{6}5502 KES | 0.{6}5587 KES | 0.{6}5886 KES | 0.{6}5886 KES |
Low | 0.{6}5475 KES | 0.{6}5464 KES | 0.{6}5464 KES | 0.{6}4756 KES |
Average | 0 KES | 0 KES | 0 KES | 0 KES |
Volatility | % | % | % | % |
Change | -0.42% | -2.02% | -6.45% | +0.68% |
Afrostar information
AFRO to KES market statistics
Current AFRO to KES exchange rate
Afrostar to Kenyan Shilling is falling this week.More info about Afrostar on Bitget
Kenyan Shilling 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.
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AFRO to KES Conversion tables
Amount | 05:20 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 AFRO | Sh0.{6}2740 | Sh0.{6}2751 | -0.42% |
1 AFRO | Sh0.{6}5479 | Sh0.{6}5502 | -0.42% |
5 AFRO | Sh0.{5}2740 | Sh0.{5}2751 | -0.42% |
10 AFRO | Sh0.{5}5479 | Sh0.{5}5502 | -0.42% |
50 AFRO | Sh0.{4}2740 | Sh0.{4}2751 | -0.42% |
100 AFRO | Sh0.{4}5479 | Sh0.{4}5502 | -0.42% |
500 AFRO | Sh0.0002740 | Sh0.0002751 | -0.42% |
1000 AFRO | Sh0.0005479 | Sh0.0005502 | -0.42% |
AFRO to KES FAQ
What factors influence the conversion rate of AFRO to KES?
Popular exchange rates — Crypto-to-Fiat converter
The price of Afrostar in the US is $0.{8}4241 USD. Additionally, Afrostar’s price is €0.{8}3680 EUR in the eurozone, £0.{8}3152 GBP in the UK, C$0.{8}5824 CAD in Canada, ₹0.{6}3673 INR in India, ₨0.{5}1204 PKR in Pakistan, R$0.{7}2338 BRL in Brazil, and more.
The most popular Afrostar currency pair is the AFRO to Kenyan Shilling(KES). The price of 1 Afrostar (AFRO) in Kenyan Shilling (KES) is Sh0.{6}5479.
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