Friday, September 21, 2007

Exchange Rates and Money Info


Our Kenyan Shilling is worth about:

67ksh per USD

56ksh per Canadian dollar

88ksh per Euro

I know it says different rates on the internet and at your bank - but here it is pretty much constant. Also - bring large bills with you - like $100's. "Smaller Bills" (less than $50's) get a crappier exchange rate. Not joking!
The easiest way to convert it in your head (if you are Canadian), is to double the shilling amount (so if it is 200ksh - make it 400), and then move the decimal place over two places (so 200ksh would be $4.00).
The largest note we have here is 1000ksh - which is about $20.00 Canadian.
Also good to know: bank machines work well here for withdrawing cash from overseas accounts, and the fee is about... $3.00!! There is a maximum daily limit of whatever it is - $500, or something. Bank machines are available in all normal shopping complexes - easy as pie.
You will require $50USD cash at the airport to pay for your visitors visa. And bringing some cash with you is always a good idea - until you get yourself sorted out and know where bank machines are, etc.
;-D

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