Currency Rate Kenyan Shilling to USD
Our Currency Rate KES latest updates allow you to track real-time exchange rates effortlessly. By accessing and analyzing accurate and current data, you'll stay informed on the KES. We provide comprehensive information to meet all your financial needs effectively.
Buying rate
KES 0.006896
Selling rate
KES0.008527
Kenyan Shilling (KES)
Currency Details
Symbol: KSh
ISO Code: KES
Subunits: 1 Shilling = 100 cents
Banknotes and Coins
The Kenyan Shilling is available in both coins and banknotes:
Coins:
Coins are available in denominations of 1
5 shillings
10 shillings
20 shillings
Banknotes:
Current banknotes in circulation:
50 shillings
100 shillings
200 shillings
500 shillings
1000 shillings
The banknotes and coins of the Kenyan Shilling feature various aspects of Kenyan culture, wildlife, and historical figures.
History and Background
The Kenyan Shilling has been the official currency of Kenya since independence in 1966. It is managed and issued by the Central Bank of Kenya.
Economic Significance
The KES is crucial to Kenya's economy, facilitating trade, investment, and daily transactions. Kenya's economy is primarily driven by agriculture, services, manufacturing, and tourism.
Usage and Exchange
The Kenyan Shilling is widely accepted across Kenya for all transactions. For international visitors and expatriates, exchanging foreign currency for Kenyan Shillings can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
Conclusion
The Kenyan Shilling is not just a currency; it is a symbol of Kenya's economic development, cultural heritage, and natural beauty. Understanding the KES is essential for anyone engaging with Kenya's economy, whether as a resident or a visitor. The stability and accessibility of the Kenyan Shilling play a significant role in the country's economic growth and development.
Currency Details
Symbol: KSh
ISO Code: KES
Subunits: 1 Shilling = 100 cents
Banknotes and Coins
The Kenyan Shilling is available in both coins and banknotes:
Coins:
Coins are available in denominations of 1
5 shillings
10 shillings
20 shillings
Banknotes:
Current banknotes in circulation:
50 shillings
100 shillings
200 shillings
500 shillings
1000 shillings
The banknotes and coins of the Kenyan Shilling feature various aspects of Kenyan culture, wildlife, and historical figures.
History and Background
The Kenyan Shilling has been the official currency of Kenya since independence in 1966. It is managed and issued by the Central Bank of Kenya.
Economic Significance
The KES is crucial to Kenya's economy, facilitating trade, investment, and daily transactions. Kenya's economy is primarily driven by agriculture, services, manufacturing, and tourism.
Usage and Exchange
The Kenyan Shilling is widely accepted across Kenya for all transactions. For international visitors and expatriates, exchanging foreign currency for Kenyan Shillings can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
Conclusion
The Kenyan Shilling is not just a currency; it is a symbol of Kenya's economic development, cultural heritage, and natural beauty. Understanding the KES is essential for anyone engaging with Kenya's economy, whether as a resident or a visitor. The stability and accessibility of the Kenyan Shilling play a significant role in the country's economic growth and development.