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The Kenyan shilling, also known as the KES, is the official currency of Kenya.
As of the latest exchange rates, the Kenyan shilling is valued at approximately 107 KES to 1 USD.
Travelers to Kenya can exchange their currency at banks, currency exchange offices, or use ATMs to withdraw local cash.
The exchange rate can fluctuate depending on various economic factors, such as inflation and interest rates.
Conversion Methods
You can convert Kenyan Shillings to US Dollars using various methods, but the most straightforward one is to use an exchange rate table. For instance, if you want to know how much 1,000 KES is worth in USD, you can check the conversion rate, which is approximately 7.74 USD.
To convert a specific amount of KES to USD, you can refer to the conversion rate table. Let's say you want to convert 5,000 KES to USD - according to the table, the conversion rate is 38.71 USD.
Alternatively, you can use a conversion rate calculator or a currency exchange website to get the latest exchange rates and convert your KES to USD. The most recent exchange rate is always displayed, so you can be sure you're getting the most up-to-date information.
If you're looking to convert a large amount of KES to USD, it's a good idea to check the conversion rate for that specific amount. For example, if you want to convert 25,000,000 KES to USD, the conversion rate is approximately 193,547 USD.
Here's a table summarizing the conversion rates for KES to USD for various amounts:
By using these conversion methods, you can easily convert your Kenyan Shillings to US Dollars and get the most accurate exchange rate possible.
Understanding the Currency
The Kenyan shilling is the official currency of Kenya, and it's denoted by the symbol KES.
You might be wondering how to convert KES to USD, but before we dive into that, let's take a look at the exchange rate history. According to the data, the exchange rate has fluctuated over the years, with a high of 103.5 KES per USD in 2015 and a low of 101.5 KES per USD in 2017.
The Kenyan shilling is divided into 100 cents, and it's widely accepted in Kenya, but USD is also widely accepted in tourist areas and major cities.
In 2018, the Central Bank of Kenya introduced a new series of banknotes, which included a 1,000 KES note, to replace the old series.
Tips and Advice
When traveling to Kenya, it's essential to be aware of the local currency and how to exchange it safely. Use only authorized Forex bureaus to avoid losing your money or getting fake currencies.
Don't change too much cash at once, as most hotels accept debit and credit cards. This will save you from carrying large amounts of cash and reduce your risk of loss.
To get the best exchange rate, explore the central business district in Nairobi, particularly around Kenyatta Avenue and the city market. Here, you'll find over 15 Forex exchangers within short distances, many of which don't charge a commission.
Before leaving the country, remember to exchange your remaining local cash, unless you want to keep it as a souvenir. Coins are a nice keepsake, but you may not want to carry large bills.
Here are some additional tips to keep in mind:
- Be cautious of unauthorized money changers, especially at border points like Namanga towards Tanzania or Busia and Malaba towards Uganda.
- Shop around for the best exchange rate to get the most value for your money.
Currency Comparison
The Kenyan Shilling (KES) has seen a significant increase in value compared to the US Dollar (USD) in the last year, with a rate up by +24.61%.
The US Dollar is currently stronger than the Kenyan Shilling, with 1 USD equal to 129.17 KES.
Here's a quick rundown of the exchange rates for popular destinations:
You can also convert KES to USD using the following conversions:
- 1 KES to USD = 0.008 USD
- 5 KES to USD = 0.04 USD
- 10 KES to USD = 0.08 USD
- 20 KES to USD = 0.16 USD
- 50 KES to USD = 0.4 USD
- 100 KES to USD = 0.8 USD
- 200 KES to USD = 1.6 USD
- 1000 KES to USD = 8 USD
- 2000 KES to USD = 16 USD
- 5000 KES to USD = 40 USD
- 10000 KES to USD = 80 USD
- 25000 KES to USD = 200 USD
- 50000 KES to USD = 400 USD
Which Is Stronger?
The US Dollar is currently stronger than the Kenyan Shilling, as 1 USD is equal to 129.17 KES.
If you're planning a trip to Kenya, keep in mind that you'll get a lot more Kenyan Shillings for your US Dollars than you would get Kenyan Shillings for your own currency.
Conversely, 1 KES is worth 0.007742 USD, which is a relatively small amount of money in US Dollars.
So, if you're exchanging currency, it's essential to know the current exchange rate to get the best deal.
Popular Conversions
The Kenyan Shilling is a relatively weak currency compared to the US Dollar. In fact, 1 USD is currently equal to 129.17 KES.
If you're planning to send money from Kenya to the UK, you'll want to know that 1 Kenyan Shilling is equivalent to 0.006 British Pounds. This is according to the exchange rates listed in the article.
The Kenyan Shilling is also weaker against other currencies like the Australian Dollar, where 1 Kenyan Shilling is equal to 0.012 Australian Dollars. And if you're sending money to Italy, 1 Kenyan Shilling is worth 0.008 Euros.
Here are some popular conversions to keep in mind:
It's worth noting that these exchange rates can fluctuate, so it's always a good idea to check the current rates before making any transactions.
Frequently Asked Questions
How strong is Kenya currency?
The Kenyan Shilling is expected to trade at 129.73 by the end of this quarter, indicating a relatively stable currency. However, its value is projected to slightly decrease to 131.18 in 12 months time, suggesting a moderate level of currency strength.
What does KES stand for in currency?
KES is the currency code for the Kenyan Shilling, the official currency of Kenya.
Is $100 USD a lot in Kenya?
In Kenya, $100 USD is a decent amount of money, allowing for a comfortable stay in a 3-star hotel and some shopping for souvenirs. However, it may not last long for a safari or other expensive activities.
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