Kenyan shilling (KES)
1 articleKenya's official money is the Kenyan shilling; ISO 4217 assigns it the alphabetic code KES. The Central Bank of Kenya is the institution connected with issuance and circulation of the Kenyan shilling. The cent is the formal subdivision used to define fractional denominations of the Kenyan shilling. These features define the monetary unit itself, separate from the broader economic profile of Kenya.
Uganda Shilling Nears Record Low as Dollar Demand Rises
Uganda's shilling is under renewed strain as commercial banks quote weaker rates and businesses rush to secure dollars, putting the currency at risk of hitting its lowest level ever against the US dollar amid ongoing uncertainty in Iran.