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Exchange rates

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preston, lancs
posts: 20
Exchange rates

What is the exchange rate currently for Gbp and where is the best place to get money changed close to sentido Neptune paradise in Diani beach area, thanks

Naivasha, Kenya
posts: 792
reviews: 4
1. Re: Exchange rates

Please check the link below for the daily Central Bank of Kenya rate. Forex and banks will change within a few shillings of this (to their advantage!)

centralbank.go.ke/index.php/…exchange-rates-2

Nairobi, Kenya
posts: 193
reviews: 1
2. Re: Exchange rates

As per Kileleshwa above, the centtral bank website would have the latest rates. In Diani, there is the Diani Shopping Centre where you will find Commercial Bank of Africa (CBA), they will be able to assist you in changing money. There contacts are:

Diani Branch

Diani Shopping Centre,

P.O Box 90681-80100 GPO, Mombasa

Tel: +254 040 3203316, 3202264, 3203297

Fax: +254 040 3202204

Cell: 0728 999 292 (Safaricom), 0734 690 270 (Airtel)

Business Hours:

MON – FRI: 8.30 am- 4.00pm

SAT 9.00 am - 12.00 pm

Retail Manager: Ibrahim Mkonyi

Mtwapa, Kenya
Destination Expert
for Barcelona, Newcastle upon Tyne, Bamburi, Mtwapa
posts: 13,835
reviews: 52
3. Re: Exchange rates

Hi,

You will get the best rates at a good local forex, preferably away from the airport. A good forex will have rates around 1 to 2 shillings less than the CBK rate above, an average forex will have rates 5 or more shillings less (especially if there is little local competition).

The easiest and most convenient thing is to use your debit card in ATMs to withdraw money as and when you need it. Even with the charges using a debit card is better than buying currency in your home country and is usually better than changing money in a local bank. This is because you get the interbank exchange rate which is so much better than the tourist rate that it counteracts the fees. It is only beaten by a really good local forex.

Local bank's rates are generally similar to an average forex but they also charge fees, and there are nearly always queues in Kenyan banks.

Others will no doubt advise where forexs and ATMs are in relation to the Paradise, if not try putting 'ATM', 'forex' or exchange' into the search box immediately above this forum to find previous threadson the subject

Truro, United...
posts: 12
4. Re: Exchange rates

So , im confused now ! Is it better to bring Kenyan shillings with you or english & change it there?

Mtwapa, Kenya
Destination Expert
for Barcelona, Newcastle upon Tyne, Bamburi, Mtwapa
posts: 13,835
reviews: 52
5. Re: Exchange rates

it is always better to change money in the country you are visiting, you will get better rates than you would at home. and as my previous post says

the best deal will be a good local foprex

second best using an ATM

third using a Kenyan Bank

and to extend it

fourth buying in the UK

fifth (usually) changing money in your hotel

but if you are going AI and not spending much money you might only be talking about a few pounds difference

Truro, United...
posts: 12
6. Re: Exchange rates

Thanks, so are there a few 'forex' places around. We are stayong Diani beach resort next Msrch !

Killenaule...
posts: 116
reviews: 1
7. Re: Exchange rates

Hi even when forex is closed you can go to casino and they usually will exchange for you,.

Somerset
Destination Expert
for Mombasa, Diani Beach, Kenya
posts: 6,822
reviews: 15
8. Re: Exchange rates

131/- at Mombasa airport. You can change your dosh while you wait for your bags if its easier than going to a forex or bank.

Somerset
Destination Expert
for Mombasa, Diani Beach, Kenya
posts: 6,822
reviews: 15
9. Re: Exchange rates

139.8 at the bank near Naivas.

Nairobi, Kenya
posts: 3
reviews: 1
10. Re: Exchange rates

at Wanati Forex bureu have good exchange rates in diani beach. it is located at the petro station next to Tropicana night club.You can take a taxi from your hotel sentido neptune to the place just 5 t0 7 minute drive.

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