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Forex

The exchange rate published by the Central Bank of Kenya is meant to help those exchanging currencies gauge the value of the shilling on any given day.

The exchange rate is calculated as the weighted average rate of the registered spot trades in the interbank foreign exchange market during the trading session within the trading platforms.

The Central Bank does not set the exchange rate; it is market determined based on supply and demand of foreign exchange. Individual forex bureaus and commercial banks set their own rates, which are held to reasonable levels of variance and margins due to competition in the market.

Typically, consumers looking to exchange smaller amounts will find more favourable rates at forex bureaus, while those looking to exchange larger amounts through foreign accounts will find better rates at commercial banks.



Foreign Exchange Bureau Rates



CBK Indicative Rates







CBK Indicative Rates Currency Converter
Input Amount Select From Currency Select To Currency Date Calculated Amount
1.00
Key New CBK Indicative Exchange Rates
US DOLLAR 144.0597
STG POUND 181.7457
EURO 155.7285
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Posted On: 23-02-2024
Key Rates
Central Bank Rate 13.00% 06/02/2024
Inter-Bank Rate 14.09% 22/02/2024
CBK Discount Window 17.00% 06/02/2024
91-Day T-Bill 16.590% 26/02/2024
REPO 8.94% 11/08/2023
Inflation Rate 6.85% January,2024
Lending Rate 14.63% December,2023
Savings Rate 4.24% December,2023
Deposit Rate 10.1% December,2023
KBRR 8.9% 27/07/2016