Kenya, a vibrant and diverse country in East Africa, is known for its stunning landscapes, rich wildlife, and vibrant culture. If you are planning a trip to Kenya, it’s essential to familiarize yourself with the local currency and understand how to handle your finances during your stay.
The official currency of Kenya is the Kenyan Shilling (KES). It is advisable to have some local currency on hand for small purchases, tips, and transactions with local vendors and taxi drivers. While foreign currencies, such as US Dollars, are widely accepted in tourist areas, it is always best to have some local currency for day-to-day expenses.
To exchange your money into Kenyan Shillings, you can visit banks, authorized foreign exchange bureaus, or use ATMs. Banks typically offer competitive exchange rates, but it’s important to note that they often have limited operating hours, especially on weekends. Foreign exchange bureaus can be found in major cities and tourist areas and provide convenient options for currency exchange. ATMs are widely available and accept major international cards, allowing you to withdraw cash in the local currency.
When using ATMs, it is advisable to use those located inside reputable banks or in well-lit and secure areas. Be cautious of potential card skimming or fraud attempts, and always keep an eye on your surroundings when withdrawing cash.
US Dollars are widely accepted in Kenya, especially in tourist areas and for larger purchases such as hotel accommodations, safari bookings, and international flights. However, it is important to note that US Dollars must be in good condition, without any tears or damage, and should not be older than ten years. Smaller denominations are preferred, as it can be challenging to get change for large bills.
It’s worth mentioning that while US Dollars are accepted in many places, you may receive change in Kenyan Shillings. Additionally, the exchange rate offered for US Dollars may not be as favorable as at banks or exchange bureaus, so it’s recommended to use local currency for smaller transactions whenever possible.
Credit and debit cards are widely accepted in major hotels, restaurants, and upscale establishments, particularly in urban areas like Nairobi and Mombasa. However, it’s always a good idea to carry some cash as backup, as not all businesses accept cards, especially in smaller towns and rural areas.
When using your cards, notify your bank in advance about your travel plans to avoid any potential issues with card suspensions due to foreign transactions. Also, be mindful of any transaction fees or currency conversion charges that may apply when using your cards abroad.
When traveling to Kenya, it is advisable to have a mix of local currency (Kenyan Shillings) and US Dollars. While US Dollars are widely accepted, having some local currency on hand will make your transactions smoother, especially for smaller purchases and dealing with local vendors. Remember to exchange your money at authorized institutions, be cautious when using ATMs, and inform your bank about your travel plans to ensure a hassle-free experience with your finances in Kenya.
What Is The Best Currency To Use In Kenya?
The best currency to use in Kenya is the Kenyan Shilling (KES). While foreign currencies like US Dollars are widely accepted, it is recommended to use the local currency for most transactions. Using the local currency will help you avoid any confusion or potential exchange rate discrepancies.
Here are a few reasons why using the Kenyan Shilling is the best option:
1. Widely accepted: The Kenyan Shilling is universally accepted in Kenya for all transactions, including payments for goods, services, and activities.
2. Avoid exchange rate discrepancies: Paying in local currency helps you avoid any potential exchange rate discrepancies that may occur when using foreign currencies. It ensures that you pay the correct amount without any additional fees or charges.
3. Local market accessibility: When using the local currency, you have better access to local markets, street vendors, and smaller establishments that may not accept foreign currency. This allows you to explore and experience the local culture more extensively.
4. Better bargaining power: When using the Kenyan Shilling, you have better bargaining power when negotiating prices, especially in local markets. Vendors may be more willing to negotiate and offer better deals when you pay in the local currency.
While it is advisable to use the local currency, it is important to carry some US Dollars as well, especially for activities like hot-air balloon safaris or other tourist attractions. These activities often require payment in US Dollars, and having some on hand will ensure you can participate without any issues.
Using the Kenyan Shilling is the best currency choice for most transactions in Kenya. It ensures smooth transactions, avoids any exchange rate discrepancies, and allows for a more authentic local experience.
Can I Use US Currency In Kenya?
US currency can be used in Kenya. However, it is important to note that the official currency of Kenya is the Kenyan Shilling (KES). US Dollars are widely accepted and can be easily exchanged into Kenyan Shillings at banks, exchange bureaus, or hotels.
It is worth mentioning that US Dollars must be in good condition and not torn. Additionally, they should not be more than 10 years old. This means that if the US Dollar bills are torn or worn out, they may not be accepted for exchange or use in Kenya. It is advisable to bring newer, crisp US Dollar bills to ensure their acceptance.
Furthermore, it is important to note that smaller denominations of US Dollars may be difficult to use or exchange in Kenya. It is recommended to bring larger denominations, such as $50 or $100 bills, as they are more commonly accepted and easier to exchange.
While US currency is accepted in Kenya, it is advisable to have Kenyan Shillings for day-to-day transactions. US Dollars can be used for larger purchases or exchanged into Kenyan Shillings when needed.
Can You Use Euros In Kenya?
You can use euros in Kenya, although it is not as widely accepted as the US dollar or the British pound. While local safari guides, souvenir sellers, and high-end malls and businesses do accept euros for services rendered, it may not be as widely accepted as the other two currencies.
However, at airports and park entry points throughout Kenya, you will be able to use euros, along with US dollars and British pounds, for various transactions. This includes paying for entry fees, visa fees, and other services provided at these locations.
It is important to note that the exchange rate for euros to Kenyan shillings may not be as favorable compared to using US dollars or British pounds. Therefore, it is recommended to have some local currency on hand for smaller transactions or when traveling to more remote areas where euros may not be accepted.
While euros are accepted in Kenya, it is advisable to primarily carry US dollars or British pounds for convenience and wider acceptance.
Conclusion
The currency in Kenya is the Kenyan Shilling (KES). While foreign currencies such as the US Dollar are widely accepted, it is recommended to use the local currency for most transactions. The Kenyan Shilling is the official currency and is readily available for exchange at banks and currency exchange offices.
It is important to note that US Dollars are accepted in Kenya, but they should not be torn and should not be more than 10 years old. Smaller denominations of US Dollars may be difficult to use or exchange, so it is advisable to have larger bills when using this currency.
However, it is worth mentioning that local safari guides, souvenir sellers, and high-end malls and businesses readily accept major international currencies such as the US Dollar, Pound, and Euro. These currencies can also be used at airports and park entry points throughout the country.
While it is possible to use foreign currencies in Kenya, it is recommended to have some Kenyan Shillings for day-to-day expenses such as meals, souvenirs, and bar bills. Having the local currency will ensure a smooth and hassle-free experience during your visit to Kenya.
