Kenyan Shilling in Venezuelan Bolívar

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.

VEF Venezuelan Bolívar

Country of application:
Venezuela

Coin denominations in circulation:
500, 100, 50, 25, 5, 2 and 1 bolivar, 50, 25, 10, 5 centimos.

Denominations of banknotes in circulation:
50,000, 20,000, 10,000, 5000, 2000, 1000, 500, 100, 50, 20, 10 and 5 bolivars.

History reference:
Bolivar is first a minor (in 1871-1879), and then the main (from 1879 to 2018) monetary unit of Venezuela. Bolívar is named after Latin American independence hero Simón Bolívar. The bolívar was p...assed under the Monetary Law of 1879, replacing the short-lived Venezolano at a rate of five bolívares to one Venezolano. The bolivar was originally defined by a silver standard, equal to 4.5 grams of pure silver, following the principles of the Latin Monetary Union. The monetary law of 1887 made the gold bolivar unrestricted legal tender, and the gold standard came into full force in 1910. Venezuela abandoned gold in 1930, and in 1934 the exchange rate of the bolivar was fixed in US dollars at a rate of 3.914 bolivars = US$1, valued at 3.18 bolivars = US$1 in 1937, a rate that lasted until 1941 Until February 18, 1983 (now called Black Friday (Viernes Negro) by many Venezuelans), the Bolívar was the most stable and internationally recognized currency in the region. It then fell victim to a massive devaluation.