KES

Kenyan Shilling

KES is the official currency of Kenya. It is issued by the Central Bank of Kenya and is subdivided into 100 cents.

The shilling replaced the East African shilling in 1966. In 2019, the Central Bank issued new banknotes without portraits of individuals, as mandated by Kenya's 2010 constitution. The notes feature the Big Five animals of Africa. Kenya has a well-developed forex market with competitive spreads.

Related Terms

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United States Dollar

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TZS

Tanzanian Shilling

TZS is the official currency of Tanzania. It is issued by the Bank of Tanzania and is subdivided int...

UGX

Ugandan Shilling

UGX is the official currency of Uganda. It is issued by the Bank of Uganda.

ETB

Ethiopian Birr

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Central Bank of Kenya

Central Bank of Kenya is Kenya's central bank. It sets monetary policy, issues the KES, and supports...

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