MEAN to KES Converter and calculator


Conversion rates
Convert MEAN to KES
Convert KES to MEAN
MEAN to KES chart
MEAN to KES conversion data: Volatility and price changes of Mean DAO in KES
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.01992 KES | 0.02049 KES | 0.02913 KES | 2.92 KES |
Low | 0.01927 KES | 0.01854 KES | 0.01854 KES | 0.01854 KES |
Average | 0 KES | 0 KES | 0 KES | 0 KES |
Volatility | % | % | % | % |
Change | -1.69% | -2.12% | -32.38% | -46.10% |
Mean DAO information
MEAN to KES market statistics
Current MEAN to KES exchange rate
Mean DAO to Kenyan Shilling is falling this week.More info about Mean DAO 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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MEAN to KES Conversion tables
Amount | 09:15 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MEAN | Sh0.009793 | Sh0.009961 | -1.69% |
1 MEAN | Sh0.01959 | Sh0.01992 | -1.69% |
5 MEAN | Sh0.09793 | Sh0.09961 | -1.69% |
10 MEAN | Sh0.1959 | Sh0.1992 | -1.69% |
50 MEAN | Sh0.9793 | Sh0.9961 | -1.69% |
100 MEAN | Sh1.96 | Sh1.99 | -1.69% |
500 MEAN | Sh9.79 | Sh9.96 | -1.69% |
1000 MEAN | Sh19.59 | Sh19.92 | -1.69% |
MEAN to KES FAQ
What factors influence the conversion rate of MEAN to KES?
Popular exchange rates — Crypto-to-Fiat converter
The price of Mean DAO in the US is $0.0001516 USD. Additionally, Mean DAO’s price is €0.0001315 EUR in the eurozone, £0.0001126 GBP in the UK, C$0.0002082 CAD in Canada, ₹0.01313 INR in India, ₨0.04304 PKR in Pakistan, R$0.0008357 BRL in Brazil, and more.
The most popular Mean DAO currency pair is the MEAN to Kenyan Shilling(KES). The price of 1 Mean DAO (MEAN) in Kenyan Shilling (KES) is Sh0.01959.
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