Key information about Kenya Policy Rate

• Kenya cash rate (Policy Rate: Month End: Central Bank Rediscount Rate) was set at 10.75 % pa in Feb 2025, compared with 11.25 % pa in the previous Jan 2025.
• Kenya Policy Rate averaged 9.00 % pa and is updated monthly, available from Jul 2003 to Feb 2025.
• The data reached an all-time high of 18.00 % pa in Jun 2012 and a record low of 3.84 % pa in Aug 2003.

• In the latest reports, Kenya Short Term Interest Rate: Monthly Average: Treasury Bills Rate: 91 Days was reported at 13.06 % pa in Nov 2024.
• Its Long Term Interest Rate (Treasury Bonds Rate: 10 Years) was reported at 14.37 % pa in Apr 2023.
• Kenya Exchange Rate against USD averaged 139.70 (USD/KES) in Jun 2023.

Key information about Kenya Short Term Interest Rate

• Kenya Short Term Interest Rate: Monthly Average: Treasury Bills Rate: 91 Days was reported at 13.06 % pa in Nov 2024, compared with 14.97 % pa in the previous month.
• Kenya Short Term Interest Rate data is updated monthly, available from Jul 1991 to Nov 2024.
• The data reached an all-time high of 84.67 % pa in Jul 1993 and a record low of 0.83 % pa in Sep 2003.
• Short Term Interest Rate is reported by reported by Central Bank of Kenya.

• In the latest reports, Kenya Treasury Bonds Rate: 10 Years was reported at 14.37 % pa in Apr 2023.
• The cash rate (Policy Rate: Month End: Central Bank Rediscount Rate) was set at 11.25 % pa in Dec 2024.
• Kenya Exchange Rate against USD averaged 139.70 (USD/KES) in Jun 2023.

The benchmark interest rate in Kenya was last recorded at 9.75 percent. This dataset provides the latest reported value for - Kenya Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The deposit interest rate in Kenya was 9.17 percent in 2023. Between 1967 and 2023, the deposit interest rate rose by 5.67 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Abstract

Currency exchange rate is an important metric to inform economic policy but traditional sources are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual rate trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes currency exchange rate estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

Geographic coverage notes

The data cover the following sub-national areas: Coast, North Eastern, Nairobi, Rift Valley, , Eastern, Central, Nyanza, Market Average

Graph and download economic data for Real Effective Exchange Rate as Based on Consumer Price Index for Kenya (KENEREERIX) from 2000 to 2024 about Kenya, consumer prices, REO, exchange rate, consumer, real, rate, and indexes.

Bank Lending Rate in Kenya decreased to 15.28 percent in June from 15.44 percent in May of 2025. This dataset provides - Kenya Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Kenya increased to 9.17 percent in 2023 from 7.15 percent in 2022. This dataset includes a chart with historical data for Deposit Interest Rate in Kenya.

Kenya KE: Real Interest Rate data was reported at 10.678 % pa in 2017. This records an increase from the previous number of 7.792 % pa for 2016. Kenya KE: Real Interest Rate data is updated yearly, averaging 5.627 % pa from Dec 1972 (Median) to 2017, with 46 observations. The data reached an all-time high of 21.096 % pa in 1998 and a record low of -8.010 % pa in 2006. Kenya KE: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kenya – Table KE.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

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