Group7 to KES Converter and calculator


Conversion rates
Convert Group7 to KES
Convert KES to Group7
Group7 to KES chart
Group7 to KES conversion data: Volatility and price changes of Group7 in KES
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.007147 KES | -- KES | -- KES | -- KES |
Low | 0.003269 KES | -- KES | -- KES | -- KES |
Average | 0 KES | 0 KES | 0 KES | 0 KES |
Volatility | % | % | % | % |
Change | -0.44% | -- | -- | -- |
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Group7 information
Group7 to KES market statistics
Current Group7 to KES exchange rate
Group7 to Kenyan Shilling is falling this week.More info about Group7 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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Group7 to KES Conversion tables
| Amount | 11:20 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 Group7 | KSh0.001807 | KSh-- | -0.44% |
1 Group7 | KSh0.003615 | KSh-- | -0.44% |
5 Group7 | KSh0.01807 | KSh-- | -0.44% |
10 Group7 | KSh0.03615 | KSh-- | -0.44% |
50 Group7 | KSh0.1807 | KSh-- | -0.44% |
100 Group7 | KSh0.3615 | KSh-- | -0.44% |
500 Group7 | KSh1.81 | KSh-- | -0.44% |
1000 Group7 | KSh3.61 | KSh-- | -0.44% |
Group7 to KES FAQ
What factors influence the conversion rate of Group7 to KES?
Popular exchange rates — Crypto-to-Fiat converter
The price of Group7 in the US is $0.{4}2798 USD. Additionally, Group7’s price is €0.{4}2399 EUR in the eurozone, £0.{4}2100 GBP in the UK, C$0.{4}3916 CAD in Canada, ₹0.002470 INR in India, ₨0.007899 PKR in Pakistan, R$0.0001504 BRL in Brazil, and more.
The most popular Group7 currency pair is the Group7 to Kenyan Shilling(KES). The price of 1 Group7 (Group7) in Kenyan Shilling (KES) is KSh0.003615.
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