Kenyan Shilling

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Kenyan Shilling

The currency of Kenya. It was introduced in 1966, replacing the first East African shilling.
References in periodicals archive ?
The shilling reinforced to the US Dollar, the Euro, the Pound Sterling and the Japanese Yen, while in EAC region, the Kenya Shilling strengthened to the Uganda shilling and the Tanzania shilling, but weakened against the Burundi Franc.
The steep depreciation of the Kenya shilling after the IMF's annulment of Enhanced Structural Adjustment Facility (ESAF) at the end of July serves as a lesson that emerging market currencies are vulnerable to both downside economic and political pressures.
As part of its local currency initiative, the AfDB has since 2005 issued a series of bonds denominated in or linked to the Botswana Pula, Ghana Cedi, Kenya Shilling, Tanzania Shilling, Uganda Shilling, Zambian Kwacha and the Nigerian Naira in offshore markets.
Kenya Airways Regular travelers on regional and international flights are used to paying for their tickets in US dollars, or at least the equivalent in local currency, according to the bank rates on the day of the transaction, but following the wild fluctuations of the Kenya shilling in recent weeks, the currency risk of fixed shilling fares for at least some airlines has become a gamble.
On 6 August the Kenya shilling slumped to its lowest value against the US dollar since early 1994.
As part of its Local Currency Initiative, the AfDB has issued, since 2005, a series of bonds denominated in or linked to the Botswana Pula, Ghana Cedi, Kenya Shilling, Tanzania Shilling, Uganda Shilling, Zambian Kwacha and the Nigerian Naira.
Over the past year, the Kenya shilling has appreciated against the dollar, making exports expensive and the interest rate has also been, according to some investors, "unacceptably high".
The total project cost is estimated at US$125 million equivalent in Kenyan Shillings and IFC will make an equity investment of up to US$15 million equivalent in Kenya Shillings
The Note will be issued in several tranches with the first tranche issued in Kenya shillings.
Musoni currently serves more than 15,000 entrepreneurs with loans ranging from 5,000 to 500,000 KES (USD 60 to USD 5,800) totalling to an outstanding portfolio of 357 Million Kenya Shillings (USD 4.
Table 1: Farm characteristics, yield and farm-gate producer prices Farm plot size Average crop characteristics (acres) yield seasons (kg/acre) Medium size 1/8 to 1/4 50-100 1 Low size <1/8 25-50 1 Farm proportion Unit price input characteristics sold (Kshs/kg) use Medium size 50% 60 None Low size 50% 60 None Kg: Kilogram; Kshs: Kenya shillings Table 2: Constraints to navy bean production Constraint Percentage of respondents Low prices 19.

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