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==Currency, exchange rate, and inflation== Kenya's currency is printed by mandate of the [[Central Bank of Kenya]].<ref name="The National Treasury">{{cite web|url=http://www.treasury.go.ke/media-centre/news-updates/274-central-bank-of-kenya-set-to-release-details-of-new-look-currency-this-week.html|title=Central Bank of Kenya Set To Release Details of New Look Currency This Week|work=The National Treasury|access-date=8 August 2019|date=2019-08-08|archive-date=4 August 2020|archive-url=https://web.archive.org/web/20200804180920/https://www.treasury.go.ke/media-centre/news-updates/274-central-bank-of-kenya-set-to-release-details-of-new-look-currency-this-week.html|url-status=dead}}</ref> The bank began printing banknotes in 1996. Several versions of Kenya's banknotes and coinage have been circulated since then. The most recent redesign of Kenya's currency was in 2019.<ref name="The National Treasury"/> The [[exchange rate]] of the Kenyan Shilling between 2003 and 2010 averaged about KSh74-78 per US Dollar.<ref>{{cite book| author = Daniel Branch| title = Kenya: Between Hope and Despair, 1963β2011| date = 15 November 2011| publisher = Yale University Press| isbn = 978-0-300-14876-3 }}</ref> The average inflation between 2005 and July 2015 was 8.5%.<ref>{{Cite web|title = Inflation Rates|url = https://www.centralbank.go.ke/index.php/balance-of-payment-statistics/inflationrates|website = www.centralbank.go.ke|access-date = 2015-09-14|first = Nyamu|last = S.|url-status = dead|archive-url = https://web.archive.org/web/20151016002246/https://www.centralbank.go.ke/index.php/balance-of-payment-statistics/inflationrates|archive-date = 16 October 2015}}</ref> In July 2015 Kenya's inflation rate was estimated to be 6.62%.<ref>Kenya Inflation Rate {{cite web |url=http://www.knbs.or.ke/cpi/cpi062012.pdf |title=Archived copy |access-date=2012-11-28 |url-status=dead |archive-url=https://web.archive.org/web/20121113152356/http://www.knbs.or.ke/cpi/cpi062012.pdf |archive-date=13 November 2012}}{{cite web |url=https://www.centralbank.go.ke/index.php/balance-of-payment-statistics/inflationrates |title=Inflation Rates |access-date=2015-09-14 |url-status=dead |archive-url=https://web.archive.org/web/20151016002246/https://www.centralbank.go.ke/index.php/balance-of-payment-statistics/inflationrates |archive-date=16 October 2015}}</ref>
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