kenyan shilling
Definition
Noun: - The basic unit of money in Kenya: The Kenyan shilling is the official currency of the Republic of Kenya. It is subdivided into 100 cents.
Usage
The term "Kenyan shilling" is used to refer to the currency itself, its value, or physical banknotes and coins. It is often abbreviated as KSh in writing. - The price is 500 Kenyan shillings. - Do you accept Kenyan shillings or only US dollars? - I need to exchange my euros for Kenyan shillings.
Advanced Usage
- "The shilling is holding steady.": Used in economic or financial contexts to indicate the currency's exchange rate is stable.
- "Costs are rising in shilling terms.": Refers to prices increasing when measured in the local Kenyan currency.
Variants and Related Words
- Shilling (n): The general term for a monetary unit used historically in Great Britain and currently in several East African countries. The Kenyan shilling is a specific instance.
- Cent (n): A subdivision of the Kenyan shilling; 100 cents equal 1 Kenyan shilling.
- KES: The three-letter ISO 4217 currency code for the Kenyan shilling, used in international finance and banking.
Synonyms
- KSh: The common written abbreviation.
- KES: The official international currency code.
Related Phrases
- Kenyan currency: A broader term that encompasses the Kenyan shilling and its cent subdivisions.
- Hard currency: In some contexts within Kenya, stronger foreign currencies might be contrasted with the Kenyan shilling, which is a or currency.
Noun
-
the basic unit of money in Kenya; equal to 100 cents
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