Convert New Zealand Dollar to Kenyan Shilling
Please provide values below to convert New Zealand Dollar [NZD] to Kenyan Shilling [KES], or Convert Kenyan Shilling to New Zealand Dollar.
How to Convert New Zealand Dollar to Kenyan Shilling
1 NZD = 0.0129218171992561 KES
Example: convert 15 NZD to KES:
15 NZD = 15 × 0.0129218171992561 KES = 0.193827257988842 KES
New Zealand Dollar to Kenyan Shilling Conversion Table
New Zealand Dollar | Kenyan Shilling |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
Kenyan Shilling
The Kenyan Shilling (KES) is the official currency of Kenya, used as the country's legal tender for all transactions.
History/Origin
Introduced in 1966, replacing the East African shilling, the Kenyan Shilling has undergone various denominations and reforms to stabilize and modernize Kenya's currency system.
Current Use
The KES is widely used in Kenya for everyday transactions, banking, and trade, and is also accepted in some neighboring regions for cross-border commerce.