Kenyan shilling
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| ISO 4217 Code | KES |
| User(s) | Kenya |
| Inflation | 10.3% |
| Source | The World Factbook, 2005 est. |
| Subunit | |
| 1/100 | cent |
| Symbol | KSh |
| Coins | |
| Freq. used | 50 cents, 1, 5, 10, 20 shillings |
| Rarely used | 5, 10, 25 cents |
| Banknotes | |
| Freq. used | 50, 100, 200, 500 and 1000 shillings |
| Rarely used | 10, 20 shillings |
| Central bank | Central Bank of Kenya |
| Website | www.centralbank.go.ke |
The shilling is the currency of Kenya. Its ISO 4217 code is KES. The symbol KSh is also often used. The Kenyan shilling replaced the East African shilling in 1966 at par.
Contents |
[edit] Coins
Earlier coins consist of 5, 10, 25, 50 cents. As the Kenyan shilling is the most stable and strongest currency in east Africa, it is used outside the country mostly in unstable places like Somalia and southern Sudan and is favoured over the local currency.
Coins as of 2005 are 50 cents and 1 shilling in brass and bimetallic 5, 10 and 20 shillings.
[edit] Banknotes
5 shilling till 1982, 10 shilling till 1995 and 20 shilling till 1998 with the 200 shilling introduced in 1986, 500 shilling in 1992 and 1000 in 1994. Current banknotes issued in 1998 but based on the 1996 design and denominated as 50, 100, 200, 500 and 1000 shilling. The issue of 12 December 2003 commemorates the 40 years of Independence 1963-2003 The banknotes are printed in Nairobi by Thomas de la Rue.
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[edit] References
- Global Financial Data currency histories table
- Tables of modern monetary history: Kenya
- Old currency and new generation currency
[edit] External links
| Preceded by: East African shilling Reason: currency independence Ratio: at par |
Currency of Kenya 1966 – |
Succeeded by: Current |
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