Forex Trail – 3 May 2012

Below is a comparison of the movements of the Kenya shilling against the major world currencies and the currencies of our neighbouring countries over the last trading sessions, Monday 30th April and Tuesday 2nd May 2012:

CURRENCY

DATE US Dollar Sterling Pound Euro SA Rand KESUSHS KESTSHS KESRWf
Monday 30th April 2012

83.2164

135.5117

110.4261

10.7447

30.1384

19.0768

7.2643

Wednesday 2nd May 2012

83.2903

135.1614

110.2378

10.7494

30.0156

19.0599

7.2819

The Kenya shilling weakened against the US dollar, down by 0.09% trading with a mean of KES 83.2903 per US dollar. The Kenya shilling however strengthened against the Sterling pound and the Euro, up 0.2% and 0.17% respectively, trading at a mean of KES 135.16 and KES 110.24. The rand gained ground against the Kenya shilling, up 0.04% meaning Kenyans had to fork out a little more for the Rainbow Nation’s currency. The Kenya shilling also slipped against the Tanzania shilling and the Uganda shilling, down 0.09% and 0.41% respectively. The shilling however gained versus the Rwanda Franc, up 0.24% with each Kenya shilling being traded for a mean of 7.2819 Rwanda Francs.

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