This article provides a detailed overview of the historical exchange rates between the Kenyan Shilling (KES) and the Euro (EUR). Understanding the fluctuations in this exchange rate can be valuable for businesses, travelers, and anyone involved in international transactions between Kenya and the Eurozone.
Currency Information:
- KES - Kenyan Shilling: The currency code for Kenyan Shillings is KES, and the currency symbol is KSh.
- EUR - Euro: The currency code for Euros is EUR, and the currency symbol is €.
Why Different Currencies Have Different Values?
Current Exchange Rate
As of 04:00 AM UTC today, one Kenyan Shilling equals €0.0067. This conversion uses the mid-market rate for KES to EUR.
Historical Exchange Rate Analysis
Analyzing the historical exchange rates provides insights into the best times to convert Kenyan Shillings to Euros. Factors such as market volatility and currency performance play a crucial role in determining favorable exchange rates.
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A year ago, Sh1.00 would have been exchanged for €0.0072, which is €0.00051 higher than today’s rate. Over the past seven days, the most favorable exchange rate was €0.0067.
Key Factors Influencing the Exchange Rate
The best time to convert Kenyan Shilling to Euro is determined by several factors: performing strongly (see historical chart), preferably good volatility. All of these indicators are on this page.
Note: The exchange rate Kenyan Shilling v Euro is updated hourly.
Tools and Resources
Several tools and resources are available to track and analyze the KES to EUR exchange rate:
- Xe Currency Charts: Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable.
- Xe Rate Alerts: Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs.
- Xe App: Check live rates, send money securely, set rate alerts, receive notifications and more with over 113 million downloads worldwide.
- InforEuro: Provides rates for current and old currencies for countries both inside and outside the European Union. For each currency, the converter provides the historic rates of conversion against the euro (or, until December 1998, against the ecu).
Importance of Accurate Exchange Rates
Accurate exchange rates are crucial for various purposes:
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- Reimbursement of Expenses: These rates are used to calculate amounts for the reimbursement of expenses, travel, or subsistence costs for external people participating in meetings, interviews, etc.
- EU Budget Implementation: The information on this page is strictly informative in nature and intended only for the purpose of the implementation of the EU budget.
Disclaimer: No warranty of accuracy can be given, and the European Commission shall not assume any responsibility in connection with the rates published.
Additional Information
KESEUR is the short title by ISO 4217. Usually, this term use foreign exchange market, to indicate currency Kenyan Shilling against Euro pair.
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