What is the CBK rate?

What is the CBK rate?


Key Rates
Central Bank Rate 7.00%
Inter-Bank Rate 5.51%
CBK Discount Window 13.00%
91-Day T-Bill 7.232%

How much is the dollar trading today in Kenya?

Daily Exchange Rates

USD 110.21 116.60
GBP 146.48 155.04
EUR 124.48 131.76

What is today’s forex rate?

Forex Card Rates

Currency TTSell TCBuy
USD 75.35 73.80
GBP 100.23 98.05
EUR 85.55 83.15
JPY 66.79 65.25

Which bank has best exchange rate?

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, offer the added benefit of having ATMs overseas. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

Which bank has the lowest interest rates in Kenya?

Small banks have a lower APR, with that of Baroda currently at 12.82 per cent compared to Family Bank’s 33.3 per cent, Absa (22.1 per cent), Equity (20.08 per cent) and KCB (19.91 per cent).

What is the current interest rate in Kenya?

Kenya Holds Key Interest Rate Steady at 7% The central bank of Kenya left its benchmark interest rate unchanged at 7% during its September 2021 meeting, as widely expected, to continue supporting the ongoing economic recovery and firm up private sector credit growth.

How much is 10dollars in Kenyan shillings?

Are you overpaying your bank?

Conversion rates US Dollar / Kenyan Shilling
1 USD 112.70000 KES
5 USD 563.50000 KES
10 USD 1127.00000 KES
20 USD 2254.00000 KES

What is the dollar rate yesterday?

Table of 1 US Dollar to Indian Rupee Exchange Rate

Date US Dollar to Indian Rupee
Wednesday 1 December 2021 1 USD = 75.023 INR
Tuesday 30 November 2021 1 USD = 74.997 INR
Monday 29 November 2021 1 USD = 75.068 INR
Sunday 28 November 2021 1 USD = 75.044 INR

What is TT in forex?

A telegraphic transfer (TT) is an electronic method of transferring funds utilized primarily for overseas wire transactions. Generally, the telegraphic transfer is complete within two to four business days, depending on the origin and destination of the transfer, as well as any currency exchange requirements.

What is the strongest world currency?

Kuwaiti dinar
Kuwaiti dinar Known as the strongest currency in the world, the Kuwaiti dinar or KWD was introduced in 1960 and was initially equivalent to one pound sterling. Kuwait is a small country that is nestled between Iraq and Saudi Arabia whose wealth has been driven largely by its large global exports of oil.

What is the best time of day to exchange currency?

The time of day often affects the exchange rate that can be achieved. The best time can be in the morning or late afternoon. For American dollars the best time to transfer was 3am.

What banks will exchange foreign currency?

Currency Exchange at Banks

Banks Details
Citigroup no fee offers online ordering $5 fee (except for CitiGold and Citi Priority Account Package) free delivery to branch
PNC no fee must exchange at branch
TD Bank no fee must exchange at branch
U.S. Bank redirects to Travelex, a foreign-exchange provider