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Kenyan shillingexchange ratecurrency KenyaCBK monetary policyforex market Kenyashilling depreciationcurrency controlsinflation Kenya

The Kenyan Shilling: Exchange Rate History, Currency Controls, and What Drives the Value of Kenya's Currency

The Kenyan shilling has depreciated from seven per US dollar at independence to over 130, a journey reflecting the country's economic development, external pressures, and monetary policy choices. This...

Feb 20, 2026 7 min read
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