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  2. Kenyan shilling - Wikipedia

    en.wikipedia.org/wiki/Kenyan_shilling

    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 ...

  3. List of currencies in Africa - Wikipedia

    en.wikipedia.org/wiki/List_of_currencies_in_Africa

    Also, in many African currencies there have been episodes of rampant inflation, resulting in the need for currency revaluation (e.g. the Zimbabwe dollar). In some places there is a thriving street trade by unlicensed street traders in US dollars or other stable currencies, which are seen as a hedge against local inflation. The exchange rate is ...

  4. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    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 ...

  5. Effective exchange rate - Wikipedia

    en.wikipedia.org/wiki/Effective_exchange_rate

    It can be computed using the USD as a numeraire. This means the constituent exchange rates are all first defined vis-a-vis the USD. As an index, the home currency's value index against the USD since the base year (e.g., 1.98 means since the base year the currency has risen 98% against the USD) is divided by the geometric average of the trade ...

  6. International dollar - Wikipedia

    en.wikipedia.org/wiki/International_dollar

    The international dollar (int'l dollar or intl dollar, symbols Int'l$. , Intl$. , Int$ ), also known as Geary–Khamis dollar (symbols G–K$ or GK$ ), is a hypothetical unit of currency that has the same purchasing power parity that the U.S. dollar had in the United States at a given point in time.

  7. Ugandan shilling - Wikipedia

    en.wikipedia.org/wiki/Ugandan_shilling

    Prices in the Ugandan 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.

  8. Central Bank of Kenya - Wikipedia

    en.wikipedia.org/wiki/Central_Bank_of_Kenya

    In October 2023, while responding to questions from a parliamentary committee on finance and national planning, CBK Governor Dr. Thugge said the decline in international reserves was caused by an overvaluation of the shilling against the dollar. [17] This was against the backdrop of a gradual reduction in import cover from 5.5 months to 3.7 months.

  9. East African shilling - Wikipedia

    en.wikipedia.org/wiki/East_African_shilling

    Unlike elsewhere in the possessions of the British Empire that used the sterling, in British East Africa the shilling instead of the pound was the primary unit of account, with the pound being a superunit mainly used for recording government and business transactions whose totals would be needlessly large if quoted solely in shillings.