JEP to KES

JEP - Jersey pound (£)
KES - Kenyan Shilling (Ksh)
1 JEP1 KES

Currency conversion rates from JEP to KES

JEPKES
1 JEP1 KES
5 JEP5 KES
10 JEP10 KES
20 JEP20 KES
50 JEP50 KES
100 JEP100 KES
250 JEP250 KES
500 JEP500 KES
1000 JEP1000 KES
2000 JEP2000 KES
5000 JEP5000 KES
10000 JEP10000 KES
KESJEP
1 KES1 JEP
5 KES5 JEP
10 KES10 JEP
20 KES20 JEP
50 KES50 JEP
100 KES100 JEP
250 KES250 JEP
500 KES500 JEP
1000 KES1000 JEP
2000 KES2000 JEP
5000 KES5000 JEP
10000 KES10000 JEP

JEP - JEP (£)

JEP

The Jersey Pound is the currency in Channel Islands (Aldernay, Guernsey, Jersey, Sark). The Jersey Pound is divided into 100 pence. The exchange rate for the Jersey Pound was last updated on Today from The International Monetary Fund. The JEP conversion factor has 6 significant digits.

More information about JEP - JEP (£)


KES - Kenyan Shilling (Ksh)

Kenyan Shilling

The Kenyan Shilling is the official currency of Kenya, an East African nation that lies on the equator, with the Indian Ocean to its south-east. It is bordered by Tanzania to the south, Uganda to the west, South Sudan to the north-west, Ethiopia to the north, and Somalia to the north-east.

The Kenyan Shilling is the currency in Kenya (KE, KEN). The symbol for KES can be written K Sh. The Kenyan Shilling is divided into 100 cents. The exchange rate for the Kenyan Shilling was last updated on May 24, 2019 from Yahoo Finance. The KES conversion factor has 5 significant digits.

Economy

  • Kenya has traditionally been a liberal market with minimal government involvement (such as price controls) in the oil industry. However, recent legislation allows the government to establish price controls for staples such as maize flour, kerosene, and cooking oil.
  • Since May 2010, the economic outlook has been positive, with 4-5% GDP growth expected due to the expansion of tourism, telecommunications, transportation, and construction, as well as a recovery in the agriculture sector.
  • The World Bank predicts 4% growth in 2010 and potential growth of 4.9% in 2011.
  • In March, 1996 the presidents of Kenya, Tanzania, and Uganda re-established the East African Community (EAC). The objectives of the EAC include harmonizing tariffs and customs regulations, free movement of people, and improvement of regional infrastructures.
  • In March 2004, the three East African countries signed a customs union.

History

  • In 1966, the Kenyan Shilling replaced the East African Shilling at par. The first coins were issued that year in denominations of 5, 10, 25, and 50 cents and 1 and 2 shillings.
  • Twenty-five cents coins were minted after 1969, and 2-shilling coins in 1971.
  • In 1985, 5-shilling coins were introduced, followed by 10-shilling coins in 1994 and 20-shilling coins in 1998.
  • Between 1967 and 1978, the portrait of Jomo Kenyatta, Kenya's first president, appeared on the front of the currency.
  • From 1980 to 2005, a portrait of Daniel arap Moi replaced Kenyatta.
  • In 2005 the central bank introduced a number of new coins that restored the portrait of Kenyatta. The stainless steel coins are valued at 50 cents and 1 shilling and the bimetallic coins at 5, 10, and 20 shillings.
  • In 2003, a bi-metallic 40-shilling coin was issued with the portrait of President Kibaki to commemorate the fortieth anniversary of independence (1963-2003).
  • New coins with the image of Kenyatta were minted in 2005.

More information about KES - Kenyan Shilling (Ksh)