Kenyan Monetary Unit (Noun)
Meaning
Monetary unit in Kenya.
Classification
Nouns denoting quantities and units of measure.
Examples
- The Kenyan monetary unit is the shilling which was divided into one hundred cents.
- The exchange rate fluctuates greatly against other foreign monetary units in terms of the Kenyan monetary unit.
- One of the largest challenges to a successful implementation is education regarding the use of a digital Kenyan monetary unit.
- After 1966, Kenya began using the new Kenyan monetary unit that is used today, which was established after they became independent from British rule.
- Their project allows unbanked populations in Africa access to financial transactions and payments through a new mobile digital Kenyan monetary unit.