answersLogoWhite

0

What was the value of a Kenya Pound in 1966?

Updated: 8/18/2019
User Avatar

Wiki User

12y ago

Best Answer

One Sterling Pound was equal to 17 Kenya Schillings,which means that the Sterling was weaker than the Kenya Pound.

At independence, the Kenya pound (Sh20) was at par with the Sterling pound except in 1966 when the Sterling pound devalued to Sh17, making it weaker than the Kenya currency. The dollar was buying at Sh7 for most of the 1960s and 1970s.

http://www.businessdailyafrica.com/Opinion+++Analysis/Limited+options+for+the+troubled+shilling/-/539548/1223932/-/10t51ws/-/index.html

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What was the value of a Kenya Pound in 1966?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Who were the Kenya premier league winners in 1966?

The Kenya premier league winners in 1966 were Abaluhya FC.


When was Central Bank of Kenya created?

Central Bank of Kenya was created in 1966.


When was Kenya People's Union created?

Kenya People's Union was created in 1966.


Who were the Kenya premier league winners in1966?

The Kenya premier league champions in 1966 were Abaluhya FC.


How much debt is Kenya in?

£650,000,000 or 650 million pound


When did Australian pound end?

Australian pound ended in 1966.


When did Bahamian pound end?

Bahamian pound ended in 1966.


What is the face value of a pound?

The face value of anything is whatever is written on it. The face value of a Pound, is a Pound.


When did the Australian dollar replace the Australian pound?

14 February 1966 - with an introductory rate of two dollars to the pound.


When did New Guinean pound end?

New Guinean pound ended in 1966.


When did Solomon Islands pound end?

Solomon Islands pound ended in 1966.


What are the Characteristics of money markets in Kenya?

value