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Prices in the Kenyan shilling are written in the form of x/y, where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "-/50" and 100 shillings as "100/=" or "100/‑". Sometimes the abbreviation KSh is prefixed for distinction. If the amount is ...
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
USD Cent: 100 British Virgin Islands: United States dollar $ USD Cent: 100 Brunei: Brunei dollar $ BND Sen: 100 Singapore dollar $ SGD Cent: 100 Bulgaria: Bulgarian lev: lv. BGN Stotinka: 100 Burkina Faso: West African CFA franc: F.CFA XOF Centime: 100 Burundi: Burundian franc: FBu BIF Centime: 100 Cambodia: Cambodian riel ៛ KHR Sen: 100 ...
For example, the purchasing power of the US dollar relative to that of the euro is the dollar price of a euro (dollars per euro) times the euro price of one unit of the market basket (euros/goods unit) divided by the dollar price of the market basket (dollars per goods unit), and hence is dimensionless. This is the exchange rate (expressed as ...
The Central Bank of Kenya (CBK) (Swahili: Banki Kuu ya Kenya) is the monetary authority of Kenya.Its head office is located in Nairobi.CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB).
In many rural areas there is still a strong bartering culture, the exchanged items being of more immediate value than official currency (following the principle that one can eat a chicken, but not a coin). Even where currency is used, haggling over prices is very common.
Having sold a 26% stake to KLM, the Government of Kenya proceeded to offer 235,423,896 shares (51% of the fully paid and issued shares of KSh.5/= each) to the public at KSh.11/25 per share. More than 110,000 shareholders acquired a stake in the airline and the Government of Kenya reduced its stake from 74% to 23%.