Kenyan Economy TBT. When Ksh 100 Was Biggest Denomination Note

[Ndindu]

When Ksh100 was handled with great care and respect

[majizee]

where yo born in 1982?
The first coup attempt by that guy took place in 1st August 1982.

[Ndindu]

@majizee

where yo born in 1982?
The first coup attempt by that guy took place in 1st August 1982.

1980 March

[Homo_erectus]

So in 1982, 100 bob could buy you 14.92 tuskers @sh 6.7. Today a tusker is 220 bob and 14.92 tuskers are worth Sh 3282 which means Sh 3,282 today is the equivalent of 100 bob in 1982.

[Electronics4u]

@Homo erectus

So in 1982, 100 bob could buy you 14.92 tuskers @sh 6.7. Today a tusker is 220 bob and 14.92 tuskers are worth Sh 3282 which means Sh 3,282 today is the equivalent of 100 bob in 1982.

So that shilling has lost value in 40 years by what percentage?

[Ndindu]

Inflation can be estimated by looking at the years bigger bank notes get introduced into the country. Ksh 500 came in around 1991.
Ksh 1000 around 1995

[Pseudo]

@Homo erectus

So in 1982, 100 bob could buy you 14.92 tuskers @sh 6.7. Today a tusker is 220 bob and 14.92 tuskers are worth Sh 3282 which means Sh 3,282 today is the equivalent of 100 bob in 1982.

Not exactly how it works

[Mshutaji_Hodari]

@Homo erectus

So in 1982, 100 bob could buy you 14.92 tuskers @sh 6.7. Today a tusker is 220 bob and 14.92 tuskers are worth Sh 3282 which means Sh 3,282 today is the equivalent of 100 bob in 1982.

Hesabu zimekushinda asskisser

[Homo_erectus]

@Mshutaji Hodari

Hesabu zimekushinda asskisser

If in 1982, 14.92grams of gold cost 100 bob, and now 14.92g cost 3,282, so we can conclude that 100 bob in 1982 is equal to 3,282 today.

[Pseudo]

@Homo erectus

If in 1982, 14.92grams of gold cost 100 bob, and now 14.92g cost 3,282, so we can conclude that 100 bob in 1982 is equal to 3,282 today.

Other factors? Prod costs? Supply?