Kenya’s diaspora remittances reached $412.7 million in February 2026 — a $30.5 million jump year-on-year, or 7.98% above the $382.2 million recorded in February 2025, according to data from the Central Bank of Kenya.
The figure marks a significant turning point. For three consecutive months, year-on-year inflows had contracted: November 2025 fell 8.2%, December 2025 dropped 2.2%, and January 2026 edged down 0.3%. February’s rebound breaks that sequence and keeps the monthly total above the psychologically important $400 million threshold.
Month-on-month, however, the picture is more cautious. Inflows slipped $14.7 million — a 3.4% dip from January 2026’s $427.4 million. That pullback signals normal seasonal variation rather than structural weakness, given the broader upward trend visible since late 2021.
What This Means for You
If you receive money from family abroad, February’s data offers reassurance: the flow of diaspora support into Kenya remains strong and growing.
For businesses that depend on consumer spending in urban areas — retail, housing, education — sustained remittance volumes above $400 million translate directly into purchasing power on the ground.
For policymakers, the recovery from three months of year-on-year declines suggests the diaspora’s confidence in sending money home has not eroded, even as global economic pressures persist.The darker blue bars highlight months where inflows crossed the $400M mark.
