The Kenyan Shilling (KES)
The shilling is the currency of Kenya. It is divided into 100 cents.The exchange rate of the Kenyan shilling slumped dramatically in mid-2011, from about 83 shillings per US dollar to about 100 shillings per US dollar at late 2011 and to 105 shillings in September 2015.
The Central Bank of Kenya shifted its target to tighten liquidity, including increasing interest rate and money market operations.
But expected inflows due to tea export drove up the exchange rate to about 84 shillings per US dollar on 31 January 2012.
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
Please read our terms of service before entering this site.