Below is a table comparing the exchange rate movements between the Kenyan shilling and the major international currencies and the currencies of neighbouring countries in yesterday’s trading against the trading in the previous session.
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CURRENCY |
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| DATE | US Dollar | Sterling Pound | Euro | SA Rand | KESUSHS | KESTSHS | KESRWF |
| Tuesday 8th May |
83.2831 |
134.7159 |
108.5593 |
10.6367 |
29.7781 |
18.9835 |
7.2345 |
| Wednesday 9th May |
83.2958 |
134.4613 |
108.0969 |
10.4668 |
29.7975 |
18.9806 |
7.2333 |
From the above, it is evident that the Kenya shilling had a good day, strengthening against most major currencies. Despite this, the Kenya shilling weakened against the US Dollar, down 0.015% with Kenyans having to pay slightly more for the greenback. The Kenya shilling however strengthened against the Sterling Pound, Euro and South African Rand, up 0.189%, 0.090% and 1.597% respectively. Regionally, the Kenya Shilling gained against our Ugandan neighbours with each Kenya Shilling giving a mean of 29.795 Uganda shillings, a 0.1824% gain. The Kenya Shilling slipped slightly against the Tanzania one, down 0.0125% and continued the negative trend with the Rwanda Franc, losing 0.017% with each Kenya shilling trading for 7.2333 Rwanda Francs.