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Kenya

Kenyan Shilling

KES

Official currency of Kenya

KSh Symbol
CBK

About the Kenyan Shilling

The Kenyan Shilling was introduced in 1966, replacing the East African shilling at par, three years after Kenya gained independence.

The name 'Shilling' is a continuation of the name of the currency used in the former British East Africa.

Interesting Facts

The M-Pesa Revolution

Kenya is a global leader in mobile money. The M-Pesa service, launched in 2007, allows millions of Kenyans to transfer money and pay for goods using their mobile phones, profoundly impacting the economy.

Wildlife on Currency

The latest series of banknotes features Kenya's 'Big Five' game animals (lion, elephant, rhino, leopard, and buffalo), celebrating the nation's rich natural heritage.

First President Portrait

Previous series of the shilling featured the portrait of Kenya's first president, Jomo Kenyatta, a common practice for many newly independent African nations.

Historical Timeline

1963

Kenya gains independence.

1966

The Central Bank of Kenya is established and the Kenyan Shilling is introduced.

2019

A new series of banknotes is issued, removing portraits of individuals and featuring Kenyan wildlife instead.

Denominations

Banknotes

KSh50 Brown
KSh100 Purple
KSh200 Blue
KSh500 Green
KSh1000 Brown

Coins

1 shilling
5 shillings
10 shillings
20 shillings

Security Features

Watermark of a lion's head See-through feature Security thread that changes color Tactile features for the visually impaired Intaglio printing

Quick Facts

ISO Code
KES
Symbol
KSh
Numeric Code
404
Subunit
Cent (1/100)
Introduced
1966-09-14

Central Bank

Name
Central Bank of Kenya
Headquarters
Nairobi, Kenya
Founded
1966
Current Governor
Kamau Thugge (since 2023)
Visit Website

Economic Data

Reserve Currency Share
0.0%
Forex Volume Share
0.0%
Inflation Rate
5.1%
Interest Rate
13.00%

What Affects the KES Exchange Rate?

Tourism revenue
Agricultural exports (tea, coffee, flowers)
Foreign investment and development aid
Inflation and interest rate policy
Political stability

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