BALA to KES Converter and calculator


Conversion rates
Convert BALA to KES
Convert KES to BALA
BALA to KES chart
BALA to KES conversion data: Volatility and price changes of Shambala in KES
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{8}8930 KES | 0.{8}8930 KES | 0.{8}8930 KES | 0.{7}1652 KES |
Low | 0.{8}8641 KES | 0.{8}8641 KES | 0.{8}8612 KES | 0.{8}8593 KES |
Average | 0 KES | 0 KES | 0 KES | 0 KES |
Volatility | % | % | % | % |
Change | +2.86% | +1.84% | +2.30% | -45.87% |
Shambala information
BALA to KES market statistics
Current BALA to KES exchange rate
Shambala to Kenyan Shilling is rising this week.More info about Shambala 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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BALA to KES Conversion tables
Amount | 13:41 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BALA | Sh0.{8}4439 | Sh0.{8}4316 | +2.86% |
1 BALA | Sh0.{8}8879 | Sh0.{8}8631 | +2.86% |
5 BALA | Sh0.{7}4439 | Sh0.{7}4316 | +2.86% |
10 BALA | Sh0.{7}8879 | Sh0.{7}8631 | +2.86% |
50 BALA | Sh0.{6}4439 | Sh0.{6}4316 | +2.86% |
100 BALA | Sh0.{6}8879 | Sh0.{6}8631 | +2.86% |
500 BALA | Sh0.{5}4439 | Sh0.{5}4316 | +2.86% |
1000 BALA | Sh0.{5}8879 | Sh0.{5}8631 | +2.86% |
BALA to KES FAQ
What factors influence the conversion rate of BALA to KES?
Popular exchange rates — Crypto-to-Fiat converter
The price of Shambala in the US is $0.{10}6872 USD. Additionally, Shambala’s price is €0.{10}5963 EUR in the eurozone, £0.{10}5107 GBP in the UK, C$0.{10}9437 CAD in Canada, ₹0.{8}5951 INR in India, ₨0.{7}1951 PKR in Pakistan, R$0.{9}3788 BRL in Brazil, and more.
The most popular Shambala currency pair is the BALA to Kenyan Shilling(KES). The price of 1 Shambala (BALA) in Kenyan Shilling (KES) is Sh0.{8}8879.
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