Kenyan Shilling in Azerbaijan Manat

KES Kenyan Shilling

Country of application:
Kenya

Coin denominations in circulation:
1, 5, 10, 20 shillings.

Denominations of banknotes in circulation:
50, 100, 200, 500 and 1000 shillings.

History reference:
The national currency of Kenya is the Kenyan shilling. Import and export of foreign currency to Kenya is not limited. You can exchange it without any problems for local Kenyan francs, starting from t...he international airport, at branches of Kenyan banks, Kenyan exchange offices at large hotels. Accepted in the country and the main international travelers checks, and payment cards. The Kenyan shilling is one of the most stable currencies in East Africa. In fact, they often circulate in neighboring countries with less stable currencies, such as Sudan and Somalia. Although the exchange rate of the Kenyan shilling is less volatile compared to other regional currencies, it has generally weakened against the US dollar over the past decade.

AZN Azerbaijan Manat

Country of application:
Azerbaijan

Coin denominations in circulation:
50, 20, 10, 5, 3 and 1 qepik.

Denominations of banknotes in circulation:
100, 50, 20, 10, 5, 2 and 1 manat.

History reference:
The countries of circulation are the Republic of Azerbaijan. The Azerbaijani manat became the national currency of the Republic in 1992. In November 1993, all tickets were withdrawn from circulation,... and in January 1994 the Azerbaijani manat received the status of a single means of payment. Putting into circulation in 1992, initially on a par with Soviet and then Russian rubles, largely influenced the status and purchasing value. Concomitant negative factors, which were first general political instability, and then the military conflict with neighboring Armenia, caused hyperinflation. As a result, by the beginning of 2006, the Central Bank of the country made a decision on the denomination, which turned out to be very successful in terms of further strengthening and stabilizing the exchange rate.