However, in rural areas and smaller kiosks, cash is still the preferred method. When converting money, it is wise to compare rates between banks, Bureau de Change outlets, and ATMs, as fees and margins can vary significantly.
Official Currency in Kenya: Kenyan Shilling Nairobi
Historical Context and Monetary Policy Before the shilling was introduced, Kenya used the East African shilling, which was shared among several East African nations. When you arrive in Nairobi or travel between towns, the official medium of exchange you will use is the Kenyan Shilling.
Digital Economy and the Future of Money. The coins, which remain in active use, are issued in denominations of 1, 5, 10, and 20 shillings, making them perfect for smaller purchases or bus fares.
Official Currency in Nairobi Kenyan Shilling
Always keep small denominations handy for tips, public transport, and market stalls that do not accept card payments. It is important to keep your passport handy, as regulations often require identification for currency exchange transactions.
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