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BSWAP
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KES
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About Kenyan Shilling (KES)

The Kenyan Shilling (KES), introduced in 1966, replaced the East African Shilling to become the official currency of Kenya. It is commonly abbreviated as KES and represented by the symbol KSh. This change was a significant milestone in Kenya's journey towards economic independence and sovereignty. The Kenyan Shilling is more than just a medium of financial transaction; it reflects the country's rich cultural heritage, economic challenges, and aspirations.

Historical Background

The adoption of the Kenyan Shilling was a key step in post-colonial Kenya's economic development. It symbolized a break away from the East African Currency Board arrangement and was a crucial part of establishing a separate monetary identity following independence in 1963.

Design and Symbolism

The design of the Kenyan Shilling incorporates elements of Kenya's diverse culture and rich natural heritage. Banknotes and coins feature images of Kenya's founding father, Jomo Kenyatta, and later Mzee Jomo Kenyatta, and other prominent figures, along with various wildlife species, showcasing Kenya's commitment to preserving its natural and cultural heritage.

Economic Role

The Kenyan Shilling is central to Kenya's economy, which is one of the largest and most dynamic in East Africa. The currency facilitates trade in key sectors such as agriculture, tourism, manufacturing, and services. The stability and value of the Shilling are vital for economic growth and the well-being of Kenyan citizens.

Monetary Policy and Inflation

The Central Bank of Kenya manages the Shilling, implementing monetary policies aimed at maintaining currency stability and controlling inflation. These policies are essential for fostering a favorable economic environment and encouraging investment.

The Shilling in International Trade

The Kenyan Shilling's exchange rate is crucial in international trade, especially for Kenya's exports like tea, coffee, and horticultural products. A stable exchange rate is essential for maintaining competitive export prices and attracting foreign investments.

Remittances and Economic Impact

Remittances from Kenyans living abroad, particularly in North America and Europe, are a significant source of foreign income. These funds, exchanged for Shillings, support many families and contribute to the national economy.

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Bitgethot-iconcalculator.compare.best
Sh79.25
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$648.56K
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0 BSWAP

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0.5 BSWAP
Sh41.32
1 BSWAP
Sh82.64
5 BSWAP
Sh413.19
10 BSWAP
Sh826.38
50 BSWAP
Sh4,131.92
100 BSWAP
Sh8,263.84
500 BSWAP
Sh41,319.18
1000 BSWAP
Sh82,638.37

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0.5KES0.006050  BSWAP
1KES0.01210  BSWAP
5KES0.06050  BSWAP
10KES0.1210  BSWAP
50KES0.6050  BSWAP
100KES1.21  BSWAP
500KES6.05  BSWAP
1000KES12.1  BSWAP

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0.5 BSWAP$0.3207$0.1499
+115.43%
1 BSWAP$0.6413$0.2999
+115.43%
5 BSWAP$3.21$1.5
+115.43%
10 BSWAP$6.41$3
+115.43%
50 BSWAP$32.07$14.99
+115.43%
100 BSWAP$64.13$29.99
+115.43%
500 BSWAP$320.65$149.94
+115.43%
1000 BSWAP$641.3$299.88
+115.43%

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0.5 BSWAP$0.3207$0.1129
+187.47%
1 BSWAP$0.6413$0.2258
+187.47%
5 BSWAP$3.21$1.13
+187.47%
10 BSWAP$6.41$2.26
+187.47%
50 BSWAP$32.07$11.29
+187.47%
100 BSWAP$64.13$22.58
+187.47%
500 BSWAP$320.65$112.88
+187.47%
1000 BSWAP$641.3$225.76
+187.47%

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0.5 BSWAP$0.3207$0.2668
+20.34%
1 BSWAP$0.6413$0.5336
+20.34%
5 BSWAP$3.21$2.67
+20.34%
10 BSWAP$6.41$5.34
+20.34%
50 BSWAP$32.07$26.68
+20.34%
100 BSWAP$64.13$53.36
+20.34%
500 BSWAP$320.65$266.8
+20.34%
1000 BSWAP$641.3$533.59
+20.34%

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