Convert 1 Kenyan Shilling (KES) to US Dollar (USD)
Exchange rates used for currency conversion updated on 31st July 2014 ( 31/07/2014 )
Below you will find the latest exchange rate for exchanging Kenyan Shilling (KES) to US Dollar (USD) , a table containing most common conversions and a chart with the pair's evolution.
The Kenyan Shilling (KES) to US Dollar (USD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The Kenyan shilling is a relatively stable floating currency that is the sole official currency in Kenya and used in tandem with other stable currencies in African countries such as Sudan and Somalia. The Kenyan shilling is symbolized with the international currency code KES and in accounting transactions with "KSh".
The Central Bank of Kenya currently mints coins in 50 cent and 1, 5, 10 , 20 and 40 shillings as well as banknotes denominated in 10, 20, 50, 100, 200, 500 and 1000 shillings.
About US Dollar (USD)
The privately owned and government sanctioned United States Federal Reserve Bank manages the monetary policy for the United States dollar (USD). The USD is the the worlds most widely held reserve currency and the most traded currency in world currency trading markets. The USD is official currency in 14 countries and the unofficial or de facto currency in 37 others. The US dollar is the second largest currency in circulation having been surpassed by the euro. The USD is a floating fiat currency.