kenyan monetary unit Sentence Examples
- The official Kenyan monetary unit is the Kenyan shilling, symbolized as KES.
- The Kenyan shilling is divided into 100 cents.
- The value of the Kenyan shilling fluctuates against other currencies, such as the US dollar and the British pound.
- The Central Bank of Kenya (CBK) is responsible for regulating the Kenyan shilling and ensuring its stability.
- The Kenyan shilling is used for all transactions within Kenya, including buying goods and services, paying taxes, and investing in businesses.
- The Kenyan shilling is also used for international trade, as it is accepted by businesses and individuals in other countries.
- The exchange rate between the Kenyan shilling and other currencies is determined by supply and demand, as well as economic factors such as inflation and interest rates.
- The Kenyan shilling has been in circulation since 1966, when it replaced the East African shilling.
- The Kenyan shilling is available in coins and banknotes, with denominations ranging from one shilling to one thousand shillings.
- The Kenyan shilling is a stable and widely accepted currency, making it an important part of the Kenyan economy.
kenyan monetary unit Meaning
Wordnet
kenyan monetary unit (n)
monetary unit in Kenya
Synonyms & Antonyms of kenyan monetary unit
No Synonyms and anytonyms found
FAQs About the word kenyan monetary unit
monetary unit in Kenya
No synonyms found.
No antonyms found.
The official Kenyan monetary unit is the Kenyan shilling, symbolized as KES.
The Kenyan shilling is divided into 100 cents.
The value of the Kenyan shilling fluctuates against other currencies, such as the US dollar and the British pound.
The Central Bank of Kenya (CBK) is responsible for regulating the Kenyan shilling and ensuring its stability.
