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KENYA (KES) KENYAN SHILLING
The Kenyan Shilling is the currency of Kenya and has the international code KES
or more often referred to as KSh. It is made up of 100 cents. It is also the
strongest currency in east Africa and hence used in many of the weaker regions
in the area. It replaced the African shilling in 1966.
Currently in circulation
Coins presently in circulation are 50 cents, 1, 5, 10, 20 and 40 shillings while
the 5 and 10 cent coins are hardly used. Banknotes in circulation are in the
denominations of 50, 100, 200, 500 and 1000 shillings. 10 and 20 shilling notes
are also legal tender but are rarely seen.
Exchange facilities and traveller’s cheques
Foreign currencies can be converted in banks, bureaux de change and hotels. It
is easiest to change Pounds Sterling, US Dollars or Euros. Banks charge a
commission fee while the others do not. Banks and bureaux de change at the
international airport are open around the clock. US Dollars have commonly become
a mode of payment in major hotels and safari lodges. Taking traveller’s cheques
in Sterling or US Dollars are the best option.
Using credit/debit cards
Credit cards are accepted in the bigger hotels and shops and in some of the
camps and lodges. ATM’s are easily available in Nairobi and in some of the chief
towns but their utility is limited for tourists as the machines do not accept
international cards. Barclays Bank can be helpful as their ATM’s accept Visa,
Mastercard, Cirrus and Plus bank cards. The ATM’s of the Kenya Commercial Bank
accept only Visa cards. Some ATM’s at the airport dispense Sterling, US Dollars
and Euros.
Restrictions
Inhabitants of Kenya are allowed to carry local currency in and out of the
country provided it is not above KES200. Tourists are free to import or export
local currency but if the amount exceeds $5000, they have to provide the
required documents. There is no restriction as to taking foreign currency into
Kenya but it must be exchanged only at authorised offices. As for the export of
foreign currency, if travelling to Tanzania or Uganda, the amount can be an
equivalent of KES5000 or what is endorsed on the passport. If travelling to
other parts of Kenya, the amount cannot exceed KES10,000.
Kenya: An overview
Kenya is a land of natural reserves and extensive animal sanctuaries. Nairobi
has the largest nature reserve in the world. Every experience here is a new
discovery in itself. You will find the most exotic species of animals and birds
in the sanctuaries, a haven for nature lovers. Apart from its natural wealth,
Kenya is a country of diverse culture and traditions.
Kenya is very reasonable as far as the standard of living is concerned. A big
beach cottage with a view of the Indian Ocean can be rented for
KES3985/$50/£35/Є40 a night during peak season. A main course at a mid-range
restaurant will cost between 478/$6/£4/Є4.77 to KES637/$8/£5.59/Є6.35. You can
hire a driver with his car for a full day at KES2391/$30/£21/Є24.
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