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Economy, Currency and Banking

Nairobi Stock Exchange, Central Bank of Kenya, cents, average, country

Kenya’s basic unit of currency is the Kenyan shilling, consisting of 100 cents (76.2 Kenyan shillings equal US$1; 2000 average). Currency is issued by the Central Bank of Kenya, established in Nairobi in 1966. An extensive network of commercial banks, the largest of which is the partly government-owned Kenya Commercial Bank, serves most of Kenya’s urban areas. The Nairobi Stock Exchange serves the whole country.



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Nairobi Stock Exchange, Central Bank of Kenya, cents, average, country

 
 

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