Forex Trail – 22 May 2012

Below is a table showing the currency movements between the Kenya Shilling and the major international currencies as well as the major regional units in the last two trading sessions, Friday 18th May and Monday 21st May 2012.

Currency

Date US Dollar Sterling Pound Euro SA Rand KESUSHS KESTSHS KESRWF
Friday 18th May 2012

84.3472

133.0353

106.9623

10.0195

29.3301

18.7562

7.1995

Monday 21st May 2012

84.4639

133.8243

108.1141

10.2041

29.2679

18.7433

7.125

 The Kenya Shilling weakened against all the currencies under our observation over the two days. The US Dollar continued to gain against the local currency, the Kenya Shilling losing 0.1384% of its value versus the greenback. The Kenya Shilling also lost ground against the Sterling Pound, the Euro and the SA Rand, down 0.5931%, 1.077% and 1.842% respectively making imports generally pricier.

The Kenya Shilling also lost value against the currencies of our neighbouring, down 0.2121% and 0.069% against the Uganda Shilling and the Tanzania Shilling. The Rwanda Franc also gained ground against the Kenya Shilling, our local currency shaving off 1.035% of its value.

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