You should know if you are going to travel to Kenya, that the local currency is the Kenyan shilling and that it has been in circulation in the country since 1995. The approximate conversion, since the exact value can vary depending on the day, is 1 euro is 114 Kenyan shillings. For several years now it has longer been necessary to submit a currency declaration and it is permitted to enter or leave the country with a maximum of 500,000 Kenyan shillings. If leaving the country and you have extra shillings you can exchange them for dollars or sterling at the airport bank.
Currency in Kenya, everything you need to know
Let’s review the most interesting facts
Where are the exchange offices with the best service? In the capital of the African country, Nairobi, where you will have banks, exchange offices and hotels where you can obtain local currency. However, it is recommended to do it in an exchange office or in the bank, since the hotels will charge you higher commission for the transaction. The bank hours are from 9:00 a.m. to 3:00 p.m.
The main banks in Kenya where you can exchange money are the Kenya Commercial Bank (KCB), Barclays Bank Kenya and the Standard Chartered Bank Kenya. In addition, in some places they will also allow you to pay with dollars, so it does not hurt to take them on your trip, such as in the Natural Parks and Reserves. Of course, you have to check that the year of issuance of the notes is after 2000, otherwise they will not be accepted. And do not forget to keep a receipt of the currency exchanges you make, because upon your departure or if you continue your trip through the neighbouring countries, they can request it from you to check it.
ATMs and card payment
As for the withdrawal of cash in Kenyan shillings you will have no problem, as there are several ATMs both at the airport and in the different cities. It is recommended that you always carry some cash in case the ATM is damaged or you cannot find one for several kilometres. As for card payment, many shops and practically all hotels accept VISA. Although there are still shops that do not have a card reader, so do not forget to always carry some loose change. It is important that you review the transactions of your card and the various charges in case there is an error.
As for the prices in the country, to give you an idea, a 1.5-litre water bottle costs about $1, rice $1.60 and fruit costs $1.5 per kilo (depending on the type). In a restaurant, coffee and beer will cost approximately $2 and the cheap day menu about $4.25. Petrol is around 1 dollar per litre and 3 dollars per 1 hour taxi ride (the minimum fare is 2,96 dollars). In addition, a ticket on public transport will be about 86 cents.
If you travel to Kenya take dollars, use the exchange offices and really enjoy the trip.