- Kenya has unveiled new-look currency that features new images that depict the country’s unique resources.
- The new coins bear the images of animals and available in units of Sh1, Sh5, Sh10 and Sh20.
- So, how does the new look Kenyan currency compare with the strongest currencies in Africa?
How the Kenyan new look currency compares with the top seven strongest currencies in Africa
So, how does the new look Kenyan currency compare with the strongest currencies in Africa?
President Uhuru Kenyatta displays a set of the new currency Kenyan coins during their launch in December 2018 (PSCU)
Kenya has unveiled new-look currency that features new images that depict the country’s unique resources.
On Tuesday, President Uhuru Kenyatta launched the new-look coins that are in compliance with the 2010 Constitution at the Central Bank of Kenya offices in Nairobi.
"I am extremely pleased that today we can achieve yet another milestone, launching the family of new generation coins," President Kenyatta said.
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The 2010 constitution prohibits the use of portraits or images of individuals on the Kenyan currency instead it should only bear images that depict or symbolise an aspect of Kenya.
The new coins bear the images of animals and available in units of Sh1, Sh5, Sh10 and Sh20. The features are accessible even to visually impaired people.
Here are the top seven strongest currencies in Africa.
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Libyan Dinar
Libya may have sunk to its knees due to years of conflict since the fall of Muammar Gaddafi but the country still possesses the strongest currency in Africa.
One (1) Libyan Dinar is equal to 73.29 Kenyan Shilling.
One US dollar is equal to 1.39 Libyan Dinar.
Tunisia Dinar
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The Tunisian Dinar is the second most valuable currency in Africa.
One Tunisian Dinar is equal to Ksh35 and compared to the US dollar one dollar is equal to 2.93 Tunisian Dinar.
Ghanaian Cedis
Thanks to a growing and well managed economy, Ghanaian Cedis is the third strongest currency in Africa.
One Ghanaian Cedis exchanges for 21.22 Kenyan Shilling.
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Moroccan Dirham
One Moroccan Dirham is equal to about ten Kenyan shilling, currently one Moroccan Dirhan exchanges for Ksh10.83.
1USD is equal to 16.2Mad.
Botswana Pula
One needs to have at least Ksh8.32 to exchange for just one Botswana Pula.
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On the other hand 10.8 Botswana Pula is exchanged for one dollar.
Zambian kwacha
considered one of the valuable currencies in southern Africa, one Zambian Kwacha is equal to 8.60 Kenyan shilling.
One dollar is equal to 11.92 Kwacha.
South African Rand
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Currently, one South African Rand exchanges for 7.16 Kenyan Shilling.
Against the dollar, 14.32 South African Rand equals one dollar.
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