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Forex

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

The Central Bank does not set the exchange rate; it is determined by the market, or supply and demand. 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.

Find information about historical exchange rates HERE.

Key CBK Indicative Exchange Rates (Date : 23-01-2017)



CBK Indicative Rates Currency Converter

Input Amount Select From Currency Select To Currency Date Calculated Amount
1.00
Key CBK Indicative Exchange Rates
US DOLLAR 103.8028
STG POUND 128.8486
EURO 111.4469
More...
Posted On: 23-01-2017
Key Rates
Central Bank Rate 10.00% 28/11/2016
Inter-Bank Rate 9.22% 19/01/2017
CBK Discount Window 16.00% 28/11/2016
91-Day T-Bill 8.661% 23/01/2017
REPO 6.23% 14/12/2016
Inflation Rate 6.35% December,2016
Lending Rate 13.65% October,2016
Savings Rate 6.08% October,2016
Deposit Rate 7.82% October,2016
KBRR 8.9% 25/07/2016