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Kenyan Shilling
The Kenyan Shilling (KES) is the official currency of Kenya. It is abbreviated as KES and represented by the symbol KSh.
History
The Kenyan Shilling was introduced in 1966, replacing the East African Shilling at par. The currency has undergone several changes to its design and material since its introduction.
Current Usage
Today, the Kenyan Shilling is used widely across Kenya in daily transactions. It is subdivided into 100 cents.
Exchange Rates
The exchange rate against major currencies fluctuates.:
| Currency | Exchange Rate |
|---|---|
| USD | 1 KES = 0.0091 USD |
| EUR | 1 KES = 0.0077 EUR |
| GBP | 1 KES = 0.0065 GBP |
Conclusion
Understanding the Kenyan Shilling is essential for conducting business and trade in Kenya.