- Kenyan shilling
image_1 = Kenyan_20_Shilling_Note.jpg
image_title_1 = 20 shilling (1994), portrait of
Daniel arap Moi
image_2 = KSh10b.jpg
image_title_2 = 10 shilling coin
iso_code = KES
inflation_rate = 9.3%
inflation_source_date = " [https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html The World Factbook] ", 2007 est.
subunit_ratio_1 = 1/100
subunit_name_1 = cent
symbol = KSh
frequently_used_coins = 50 cents, 1, 5, 10, 20, 40 shillings
rarely_used_coins = 5, 10 cents
frequently_used_banknotes = 50, 100, 200, 500 and 1000 shillings
rarely_used_banknotes = 10, 20 shillings
Central Bank of Kenya
issuing_authority_website = www.centralbank.go.ke
The shilling (
ISO 4217code: "KES", also often used "KSh") is the currencyof Kenya. It is divisible into 100 cents. As the Kenyan shilling is the most stable and strongest currency in east Africa, it is used outside the country mostly in unstable places like Somaliaand southern Sudanand is favoured over the local currency.
The Kenyan shilling replaced the
East African shillingin 1966 at par.
The first coins were issued in 1966 in denominations of 5, 10, 25 and 50 cents, 1 and 2 shillings. 25 cents coins were not minted after 1969, with 2 shillings coins last minted in 1971. In 1985, 5 shillings coins were introduced, followed by 10 shillings in 1994 and 20 shillings in 1998.
Between 1966 and 1978, the portrait of the first president of Kenya, Mzee Jomo Kenyatta, appeared on the obverse of all Kenya's coins. In 1980, this was replaced by a portrait of
Daniel arap Moiuntil 2005, when a new coin series was introduced with the portrait of Kenyatta restored. The coins are 50 cents and 1 shilling in stainless steel and bi-metallic coinsof 5, 10 and 20 shillings. A bi-metallic 40 shilling coin with the portrait of President Kibaki was issued in 2003 to commemorate the fortieth anniversary of independence (1963-2003).
In 1966, the
Central Bank of Kenyaissued notes in denominations of 5, 10, 20, 50 and 100 shillings. 5 shillings notes were replaced by coins in 1985, with the same happening to 10 and 20 shillings in 1994 and 1998. In 1986, 200 shillings notes were introduced, followed by 500 shillings in 1988 and 1000 shillings in 1994.
As with the coins, Mzee Jomo Kenyatta appeared on the banknotes issued until 1978, with Daniel arap Moi's portrait replacing him in 1980. In 2003, after
Mwai Kibakireplaced Moi as president, 5, 10, and 20 shilling notes from the 1978 series with Kenyatta's picture that had been in storage were issued, and circulated for a time. A new series of notes was then introduced on which Kenyatta reappeared with denominations of 50, 100, 200, 500 and 1000 shilling. The issue of 12 December 2003commemorates the "40 years of Independence 1963-2003". The banknotes are printed in Nairobi by De La Rue.
Economy of Kenya
Standard numismatics external links
world_coin_gallery_1_url = Kenya
world_coin_gallery_1_name = Kenya
banknote_world_1_url = kenya
banknote_world_1_name = Kenya
dollarization_1_url = ke
dollarization_1_name = Kenya
gfd_1_url = Kenya
gfd_1_name = Kenya
show_gfd_excel = Y
* [http://www.centralbank.go.ke/currency/index.html Old currency and new generation currency]
* [http://www.coinsv.narod.ru/c_pages/kenya.htm Kenyan coins]
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Look at other dictionaries:
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