Dive into historical exchange rates for KES to USD with Wise's currency converter. Analyse past currency performance, track trends, and discover how currencies have fluctuated over time.
Currency:Kenyan shilling Official languages:English and Swahili Demonym:Kenyan LegislatureParlimentUpper houseSenateLower houseNational Assembly Religions:84.8% Christianity, Others: Islam, Atheists, etc Time Zone:UTC+03:00 Drives on theRight Dialing / Calling Code:+254 ...
By issuing debt in foreign currency such as U.S. dollars and euros locally, Muthaura said, Kenya will solidify its position as an international financial center. According to the Central Bank of Kenya, the country's foreign exchange reserves currently stand at 816.4 billion shillings (8.13 bill...
Based on the average exchange rate for 2023, the Kenyan shilling depreciated by -37.1% against the US dollar since 2019 and fell by -18.6% from 2022 to 2023. Kenya’s weaker local currency makes its exports paid for in stronger US dollars relatively less expensive for international buyers. ...
Market definition In-Scope/Out-of-scope Market structure Reports Methodology Download Share Revenue by Market (2025) US$376.26m Revenue Change by Market (2025) 12.5% MarketGames RegionKenya Compare toCompare to other regions CurrencyUSD (US$) Revenue Revenue by Market ...
Traders in the financial institutions said the currency was advancing against the dollar due to declining dollar demand from importers amid tight liquidity in the market. The shilling has maintained a positive growth this week even as it awaits the start of the hearing of two presidential petitions...
Even if your account contains funds in a different currency, PayPal will auto-convert those funds into U.S. Dollars during the withdrawal process. So next time you are making a withdrawal of funds from your PayPal account, kindly remember to specify the U.S. Dollar amount you want to ...
What to Pack for Safari. What Currency is Used in Kenya? The local currency in Kenya is the Kenya Shilling (KES; symbol KSh) which is divided into 100 cents. US dollars (USD) are often accepted for drinks, curios, extras at the lodges, and recommended for tipping....
For example, let’s take the currency pair of Kenyan Shilling (KES) and US Dollars (USD). 1 USD is equal to 100 KES. KES is a not a strong currency like USD. Hence if we buy 5000 USD then we have to pay 500,000 KES. Now suppose the value of KES increases in the market. In...
The Kenyan currency has declined 7 percent against the dollar year-to-date.Despite the decline, the Central Bank, however, said that "the usable foreign exchange reserves remain adequate" to cushion the shilling and cover importers' demands.The 7.321 billion dollars reserves, which are at 4.13...