Kenyan Shilling – what you need to know today

The Kenyan shilling (KES) is the official money of Kenya. Whether you are a traveller, a trader, or just curious, knowing the basics helps you avoid surprises.

First off, the shilling is broken into 100 cents, but you’ll hardly ever see coins below 10 cents in daily use. Most prices are quoted in whole shillings, and the most common banknotes are 50, 100, 200, 500 and 1,000 KES.

Recent exchange rate movements

In the past month the KES has nudged between 135 and 150 against the US dollar. A strong dollar usually pushes the shilling lower, while a weaker dollar can give the KES a boost.

Local factors matter too. When Kenya’s tea and coffee exports rise, foreign buyers need more shillings, which can support the rate. Conversely, if the Central Bank lowers interest rates, investors may move money elsewhere and the shilling can dip.

For a quick check, most mobile apps and local banks update the rate every few minutes. If you’re planning a big purchase, look at the trend over a week rather than a single day’s number.

Tips for using Kenyan Shilling

Carry a mix of cash and card. In big cities like Nairobi and Mombasa, cards work in malls, hotels and many restaurants. In smaller towns or market stalls, cash is still king.

When you get cash from an ATM, the bank usually adds a small fee and a markup on the exchange rate. Shop around – some banks offer better terms for tourists.

Always count your money before leaving a shop. Small mistakes happen fast in busy markets, and it’s easier to sort it out on the spot.

If you’re sending money to Kenya, use a service that offers a transparent KES rate. Some platforms hide fees in the exchange rate, so compare the final amount you’ll receive.

Lastly, keep an eye on inflation. Kenya’s inflation rate can affect how far each shilling stretches. When prices rise, you’ll need more KES for the same goods.

Understanding these basics makes the Kenyan shilling less intimidating. Check the rate before you travel, use a reliable card, and keep some cash handy, and you’ll handle KES like a local.