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SHIB/KES: Convert SHIBA INU (SHIB) to Kenyan Shilling (KES)

1 SHIBA INU equals KES 0.0023 Kenyan Shilling

Last update: 6:29 PM, June 18, 2024

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Overview

About SHIBA INU (SHIB)

Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a total supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.

SHIBA INU (SHIB) is a decentralized, community-driven cryptocurrency that has captured the attention of millions worldwide. Launched in late 2020, this Ethereum-based token has rapidly grown into a global phenomenon. SHIB is unique in its approach to decentralization, aiming to operate without central leadership. The token was created under the pseudonym "Ryoshi" who, much like Bitcoin's elusive creator, remains largely unknown. Ryoshi's vision for SHIBA INU was to test if a decentralized organization could function effectively without a central figurehead, a concept that has resonated with a vast community of holders.

SHIBA INU operates as an ERC-20 token based on the Ethereum blockchain, a proof-of-work system transitioning to proof-of-stake. The token's supply was initially divided, with 50% locked on Uniswap and the remaining 50% sent to Ethereum co-founder Vitalik Buterin. In a surprising move, Buterin donated a significant portion of his SHIB tokens to a Covid relief fund and burned the rest, effectively removing them from circulation. This act of burning tokens is a common practice in the crypto world, aiming to reduce the total supply of tokens and potentially increase their value. SHIBA INU also has its own decentralized exchange, ShibaSwap, where users can trade between tokens.

SHIBA INU seeks to establish itself as more than just a token. It aims to create an entire ecosystem, with plans to develop SHI, an algorithmic stablecoin pegged to one cent. This could potentially serve as a global exchange of value, providing a store of value and method of payment for users worldwide. SHIBA INU also has its own decentralized exchange, ShibaSwap, and plans to develop a financial ecosystem where SHI would be added as a weighted pool pair. Furthermore, SHIBA INU is increasingly being adopted as a form of payment by retailers, demonstrating its growing acceptance and utility in the real world.

SHIBA INU was created anonymously in August 2020 under the pseudonym "Ryoshi." The token quickly gained traction, attracting a community of investors drawn to its unique approach to decentralization and its charming dog-themed branding. In mid-2021, Ryoshi stepped away from the project, leaving the token entirely in the hands of the community. This move was in line with Ryoshi's original vision for SHIBA INU, which was to test if a decentralized organization could function without central leadership. Despite initial skepticism, the experiment proved successful, and SHIBA INU has since grown into a global phenomenon, with a community of millions of holders worldwide.

How SHIBA INU (SHIB) and Kenyan Shilling (KES) differ

The SHIBA INU (SHIB) and the Kenyan Shilling (KES) are two distinct forms of currency, each with its own unique characteristics. SHIBA INU is a decentralized, community-driven cryptocurrency that operates on the Ethereum blockchain, aiming to function without central leadership. It was created under the pseudonym "Ryoshi" and has rapidly grown into a global phenomenon since its launch in 2020. SHIBA INU seeks to establish an entire ecosystem, with plans to develop an algorithmic stablecoin and its own decentralized exchange, ShibaSwap. On the other hand, the Kenyan Shilling is the official currency of Kenya, regulated by the Central Bank of Kenya. Unlike SHIB, the KES is a physical currency, used for everyday transactions within the country. It is subject to government regulations and its value is determined by the market forces of supply and demand. While SHIBA INU aims to provide a global exchange of value and a method of payment for users worldwide, the Kenyan Shilling primarily serves the Kenyan economy.

SHIBA INU Markets

SHIBA INU is falling this week.

The current price of SHIBA INU is KES 0.0023 per SHIB. With a circulating supply of 589,271,349,532,158 SHIB, it means that SHIBA INU has a total market cap of KES 1,343,054,490,098.29. The amount of SHIBA INU traded has risen by KES 37,765,376,898.42 in the last 24 hours, which is a 49.76% increase. Additionally, in the last day, KES 75,889,001,411.35 worth of SHIB has been traded.

Market cap

$1.3T

Volume (24h)

$75.9B

Circulating supply

589.3T SHIB

FAQ

How much is 1 SHIBA INU in KES?

Right now, 1 SHIBA INU is worth about KES 0.0023.

How much SHIB could I buy for 1 KES?

Based on the current rate, you could get 437.91 SHIB for 1 KES.

How much has the price of SHIBA INU changed?

SHIBA INU price has been declining. Since yesterday, the exchange rate of SHIBA INU has decreased. Since last month, the exchange rate of SHIBA INU has decreased. Since this time last year, the price of SHIBA INU has increased.

How do I calculate or convert SHIB to KES?

You can use our SHIB to KES calculator at the top of this page to convert any amount of SHIB to KES. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 KES is equivalent to 2,189.56 SHIB. Inversely, 5 SHIB will cost about 0.01 KES.

How can I buy 1 SHIBA INU on Coinbase?

SHIBA INU is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy SHIBA INU.

What are assets similar to SHIBA INU that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to SHIBA INU, including TRON, Chainlink, and Polkadot. For a more robust list of assets to explore, jump to the asset page dedicated to SHIBA INU.

Conversion tables

The exchange rate of SHIBA INU is decreasing.

The current value of 1 SHIB is KES 0.00 KES. In other words, to buy 5 SHIBA INU, it would cost you KES 0.01 KES. Inversely, KES 1.00 KES would allow you to trade for 437.91 SHIB while KES 50.00 KES would convert to 21,895.61 SHIB, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 16.54%. Meanwhile, in the last 24 hours, the rate has changed by 9.41%, which means that the the highest exchange rate of 1 SHIB to Kenyan Shilling was 0.000019895 KES and the lowest 24 hour value was 1 SHIB for 0.000017 KES. This time last month, the value of 1 SHIB was KES 0.00 KES, which is a 28.13% increase from where it is now. Looking back a year, SHIBA INU has changed by -KES 0.00 KES.

SHIB to KES

Amount
Today at 6:29 pm
0.5 SHIB
KES 0.0011
1 SHIB
KES 0.0023
5 SHIB
KES 0.0114
10 SHIB
KES 0.0228
50 SHIB
KES 0.1142
100 SHIB
KES 0.2284
500 SHIB
KES 1.1418
1,000 SHIB
KES 2.2836

KES to SHIB

Amount
Today at 6:29 pm
0.5 KES
218.96 SHIB
1 KES
437.91 SHIB
5 KES
2,189.56 SHIB
10 KES
4,379.12 SHIB
50 KES
21,895.61 SHIB
100 KES
43,791.21 SHIB
500 KES
218,956.06 SHIB
1,000 KES
437,912.12 SHIB

Today vs. 24 hours ago

Amount
Today at 6:29 pm
24 hours ago
24H Change
0.5 SHIB
KES 0.0011
KES 0.0013
-9.41%
1 SHIB
KES 0.0023
KES 0.0025
-9.41%
5 SHIB
KES 0.0114
KES 0.0126
-9.41%
10 SHIB
KES 0.0228
KES 0.0252
-9.41%
50 SHIB
KES 0.11
KES 0.13
-9.41%
100 SHIB
KES 0.23
KES 0.25
-9.41%
500 SHIB
KES 1.14
KES 1.26
-9.41%
1,000 SHIB
KES 2.28
KES 2.52
-9.41%

Today vs. 1 month ago

Amount
Today at 6:29 pm
1 months ago
1M Change
0.5 SHIB
KES 0.0011
KES 0.0016
-28.13%
1 SHIB
KES 0.0023
KES 0.0032
-28.13%
5 SHIB
KES 0.0114
KES 0.0159
-28.13%
10 SHIB
KES 0.0228
KES 0.0318
-28.13%
50 SHIB
KES 0.11
KES 0.16
-28.13%
100 SHIB
KES 0.23
KES 0.32
-28.13%
500 SHIB
KES 1.14
KES 1.59
-28.13%
1,000 SHIB
KES 2.28
KES 3.18
-28.13%

Today vs. 1 year ago

Amount
Today at 6:29 pm
1 year ago
1Y Change
0.5 SHIB
KES 0.0011
KES 0.000465
+145.56%
1 SHIB
KES 0.0023
KES 0.000930
+145.56%
5 SHIB
KES 0.0114
KES 0.0046
+145.56%
10 SHIB
KES 0.0228
KES 0.0093
+145.56%
50 SHIB
KES 0.11
KES 0.0465
+145.56%
100 SHIB
KES 0.23
KES 0.0930
+145.56%
500 SHIB
KES 1.14
KES 0.46
+145.56%
1,000 SHIB
KES 2.28
KES 0.93
+145.56%

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