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The shilling (Swahili: shilingi; abbreviation: KSh; ISO code: KES) is the currency of Kenya. It is divided into 100 cents. The Central Bank of Kenya Act cap 491, mandated the printing and minting of the Kenyan shilling currency. [1]
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2]; Exchange rate arrangement (Number of countries) Exchange rate anchor
The most recent redesign of Kenya's currency was in 2019. [66] The exchange rate of the Kenyan Shilling between 2003 and 2010 averaged about KSh74-78 per US Dollar. [67] The average inflation between 2005 and July 2015 was 8.5%. [68] In July 2015 Kenya's inflation rate was estimated to be 6.62%. [69]
International dollar – hypothetical currency pegged 1:1 to the ... East African florin – Kenya ... List of countries by exchange rate regime; List of central ...
African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange. This started to change from the 17th century onwards, as European colonial powers introduced their own monetary system into the countries they invaded.
The Central Bank of Kenya (CBK) (Swahili: Banki Kuu ya Kenya) is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB). Dr. Kamau Thugge, CBS is the current Governor and Dr. Susan Koech is the Deputy Governor.
Pages in category "Currencies of Kenya" The following 4 pages are in this category, out of 4 total. This list may not reflect recent changes. E. East African florin;
Currency: Kenyan shilling : Time zone: UTC+3 (East Africa Time) Date format: ... The total fertility rate in Kenya was estimated to be 4.49 children per woman in 2012 ...