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Below is the performance of the Kenyan Shilling against major world and regional currencies as compared to the day before:
| Currency | US Dollars | Sterling Pounds | Euro | SA Rand | KES/USHS | KES/TSHS | KES/RWF | |
| Date | 09/05/2012 | 83.2831 | 134.7159 | 108.5593 | 10.6367 | 29.7781 | 18.9835 | 7.2345 |
| 10/05/2012 | 83.3972 | 134.6141 | 108.0031 | 10.4418 | 29.8572 | 18.8856 | 7.2247 | |
As we can see the Kenya Shilling weakened marginally against the US Dollar and the Ugandan Shilling. It strengthened against the Sterling Pound, the Euro, the South African Rand, the Tanzanian Shilling and the Rwandan Franc.
The Kenya Shilling lost ground against the US Dollar due to increased demand for dollars, this has put downward pressure on the Kenya Shilling causing it to depreciate as observed.
Abacus is the result of over 10 years market experience and is licensed as a data vendor by the Nairobi Securities Exchange
| Email: | hello@abacus.co.ke |
|---|---|
| Tel: | +254 792 753 774 |