Monday 6 April 2009

Foreign Exchange - £ to KSh

K-minus 50 and counting...............

A parent has today contacted me with regards to exchanging Pounds Sterling for Kenyan Shillings before we leave. This can be achieved by ordering the KSh at the Post Office in advance and collecting the foreign currency some days later, with there being a minimum exchange of £25 with no fee. This it was suggested would prevent the delay in Nairobi at the airport.

The reason for suggesting that all exchanges take place in Nairobi was to ensure that we obtain the best exchange rate.................. experience tells me that Kenya offers the better deal which I can only think is down to them being able to obtain foreign currency.

Will update as soon as I have figures from Kenya....................... waiting on reply as I type this!

The exchange rate showing on the currency converter website is £1 = KSh 118.84

This figure is much improved over recent months when it has dropped as low as KSh110 against a high of 137 in Sept/Oct last year.

Still awaiting feedback from Kenya and will check with PO as to what they are currently offering.

PO offering £1 = KSh 110.91 with no commission with immediate effect. But, as they say, it can go up as well as down. 

Forex in Nairobi offering KSh 114 to the Pound!

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