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base info STABLE ASSET

STABLE ASSET to Kenyan Shilling Converter and calculator

Convert 1STABLE ASSET (STA) to Kenyan Shilling (KES) equals Sh 34.27 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of STABLE ASSET(STA) to Kenyan Shilling(KES). This is the real-time data. The current conversion shows 1 STA at a value of 1 STA for 34.27 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.

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Bitget crypto-to-fiat exchange data shows that the most popular STABLE ASSET currency pair is the STA to KES, with for STABLE ASSET's currency code being STA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.

STA to KES conversion rate trend

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In the past 1D, STABLE ASSET has changed +1.03% to KES. Based on the trend and price charts, STABLE ASSET(STA) has changed +1.03% to KES while Kenyan Shilling(KES) has changed % to STA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh34.27
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/06/03 06:59:31(UTC+0)

How to buy STABLE ASSET

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy STABLE ASSET (STA)
Use a variety of payment options to buy STABLE ASSET on Bitget. We'll show you how.

What factors influence the conversion rate of STABLE ASSET to Kenyan Shilling?

STABLE ASSET to Kenyan Shilling is rising this week.
STABLE ASSET's current market price is Sh 34.27 per STA, with a total market cap of Sh 0 KES based on a circulating supply of -- STA. The trading volume of STABLE ASSET has changed by 0.00% (Sh 0 KES) in the last 24 hours. Last trading day, STA's trading volume was Sh 0.
Market cap
$0
24h volume
$0
Circulating supply
0 STA

Conversion tables

The exchange rate of STABLE ASSET is increasing.
1 STA is currently valued at Sh 34.27 KES , which means buying 5 STA will cost Sh 171.34 KES . Similarly, Sh1 KES can be traded for 0.02918 STA, and Sh50 KES can be converted to 1.46 STA, excluding any platform or gas fees.
The exchange rate of 1 STA to Kenyan Shilling has changed by +4.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.03%, reaching a high of 64.84 KES and a low of 63.67 KES . One month ago, the value of 1 STA was Sh 29.83 KES , which represents a +7.35% change from its current value. Over the last year, STABLE ASSET has changed by
-Sh
55.95KES
, resulting in a change of -46.35% in its value.

STA to KES

Amount
06:59 am today
0.5 STA
Sh17.13
1 STA
Sh34.27
5 STA
Sh171.34
10 STA
Sh342.68
50 STA
Sh1,713.41
100 STA
Sh3,426.81
500 STA
Sh17,134.07
1000 STA
Sh34,268.14

KES to STA

Amount06:59 am today
0.5KES0.01459  STA
1KES0.02918  STA
5KES0.1459  STA
10KES0.2918  STA
50KES1.46  STA
100KES2.92  STA
500KES14.59  STA
1000KES29.18  STA
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Today vs. 24 hours ago

Amount06:59 am today24 hours ago24h change
0.5 STA$0.1313$0.1288
+1.03%
1 STA$0.2626$0.2575
+1.03%
5 STA$1.31$1.29
+1.03%
10 STA$2.63$2.58
+1.03%
50 STA$13.13$12.88
+1.03%
100 STA$26.26$25.75
+1.03%
500 STA$131.3$128.77
+1.03%
1000 STA$262.59$257.55
+1.03%

Today vs. 1 month ago

Amount06:59 am today1 month ago1M change
0.5 STA$0.1313$0.1143
+7.35%
1 STA$0.2626$0.2286
+7.35%
5 STA$1.31$1.14
+7.35%
10 STA$2.63$2.29
+7.35%
50 STA$13.13$11.43
+7.35%
100 STA$26.26$22.86
+7.35%
500 STA$131.3$114.3
+7.35%
1000 STA$262.59$228.6
+7.35%
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Today vs. 1 year ago

Amount06:59 am today1 year ago1Y change
0.5 STA$0.1313$0.3457
-46.35%
1 STA$0.2626$0.6913
-46.35%
5 STA$1.31$3.46
-46.35%
10 STA$2.63$6.91
-46.35%
50 STA$13.13$34.57
-46.35%
100 STA$26.26$69.13
-46.35%
500 STA$131.3$345.66
-46.35%
1000 STA$262.59$691.33
-46.35%

STABLE ASSET price prediction

What will the price of STA be in 2025?

Based on STA's historical price performance prediction model, the price of STA is projected to reach $0.2841 in 2025.

What will the price of STA be in 2030?

In 2030, the STA price is expected to rise by +8.00%. By the end of 2030, the STA price is projected to reach $0.5103, with a cumulative ROI of +94.34%.
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Buy STABLE ASSET for 1 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 STABLE ASSET 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 STABLE ASSET 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 STABLE ASSET 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.

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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.