Every business day the Central Bank of Kenya publishes an indicative exchange rate for the Kenyan shilling against major currencies. The number is not a fixed price but a market average, and understanding how it is built helps diaspora senders avoid bad fills, hidden margins and avoidable losses on transfers home.
The National Treasury wants to apply 16% Value Added Tax to fees charged by M-Pesa, Airtel Money, Pesapal, Kenswitch and dozens of other payment platforms. Although the levy targets platform operators, industry watchers expect higher costs to filter down to consumers, including diaspora Kenyans who send money home.
Kenya's May 2026 pump prices hit record highs, triggered a nationwide matatu strike, and forced an unusual mid-cycle EPRA recalculation. For diaspora Kenyans funding households back home, the changes filter directly into rent, food, school fees, and remittance pressure.
Remittance inflows to Kenya dropped from US$421.1 million in March 2026 to US$397.8 million in April 2026, an 11.7% month-on-month decline. This guide explores what drove the decline, the longer-term trajectory of diaspora remittances, and the practical steps diaspora Kenyans can take.
With diaspora remittances exceeding 400 billion shillings annually, choosing the right money transfer service can save Kenyans abroad thousands of shillings per year. This practical guide compares the...
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