Below is a table of the movements between the Kenya shilling and other major international and regional currencies over the last two trading sessions (Friday 11th May 2012 and Monday 14th May 2012 based on the indicative rates published on the Central Bank of Kenya’s Website):
|
Currency |
US Dollars |
Sterling Pounds |
Euro |
SA Rand |
KES/USHS |
KES/TSHS |
KES/RWF |
|
|
Date |
11/05/2012 |
83.3972 |
134.6141 |
108.0031 |
10.4418 |
29.8572 |
18.8856 |
7.2247 |
|
14/05/2012 |
83.6764 |
134.4478 |
107.8984 |
10.277 |
29.5425 |
18.8226 |
7.2004 |
|
The Kenya shilling weakened against the US Dollar for the fifth day in a row to trade at KES 83.6764, 0.33% lower than it did on Friday. However, the Kenya Shilling strengthened against the Sterling Pound, the Euro, the South African Rand, the Ugandan Shilling, the Tanzanian Shilling and the Rwandan Franc.
In tomorrow’s trading we will be keen to notice how the Kenya Shilling performs against the US Dollar as this is the only currency that is going against the strengthening trend.