News
BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·
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Kenya

Kenyan Shilling (KES)

38
Moderate
Risk
#72
of 171
Riskier
than 58% of currencies
37
global avg score
$803
$1,000 in 5 years
Impact on Citizens

Citizens need to earn at least 6.0% per year on savings to stay ahead. Money sitting in a regular account is slowly losing value.See savings calculator ↓

Economic Indicators

Inflation Rate
4.5%
Debt to GDP
Not available
GDP Growth
4.7%
Broad Money / GDP
37.6%

Banking & Stability

NPL Ratio
12.3%
Reserve Months
4.0
Current Account
-1.3%
FX Volatility
1.6

Governance & Markets

Rule of Law
-0.4
Black Market Premium
Not available
Capital Controls
14.0
Peg Fragility
Not available

Currency Structure

Global Currency Role
70.0
FX Regime
free float
Data Coverage
75.0%

Savings Impact Calculator

KES
Holding cash in KES4.5% inflation
KES 803−KES 197 (20% purchasing power lost)
Your KES 1,000 buys 20% less in 5 years
What if you invested KES 1,000 instead? (5yr, in KES terms)
USD-denominated assets gain an additional ~1.5%/yr from expected KES depreciation vs USD
Hold USD Cash
KES 927
KES 73
-1.5%/yr net in KES
S&P 500
KES 1723
+KES 723
range: KES 794KES 3368
10% USD return + 1.5% FX · ±16% vol
Gold
KES 1574
+KES 574
range: KES 457KES 4239
8% USD return + 1.5% FX · ±24% vol
Bitcoin
KES 3238
+KES 2238
range: KES 200KES 19.2k
25% USD return + 1.5% FX · ±54% vol

All values in KES. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~1.5%/yr based on the inflation differential between Kenya (4.5%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Data last updated: 2026-05-19