Forex Trail

Below is a table showing how the Kenya shilling fared against other major foreign currencies yesterday compared to last Friday:

CURRENCY

DATE US Dollar Sterling Pound Euro SA Rand KESUSHS KESTSHS KESRWF
Friday 20th  April 2012

83.1969

133.6227

109.3992

10.5841

30.1695

19.0513

7.242

Monday 23rd April 2012

83.2178

134.1262

109.7653

10.63

30.1619

19.0465

7.2402

From the above we can see that the Kenya shilling weakened against the US dollar by 0.025%. The Kenya shilling also weakened against the Sterling pound and the Euro with Kenyans having to fork out more of the local currency for the foreign denominations, 0.3768% and 0.3346% respectively. The Kenya shilling also weakened against the South African rand with Kenyans having to pay an extra 5 cents per rand. The shilling also weakened against the Uganda and Tanzania shillings as well as the Rwandan Franc, with the former French colony’s currency going 0.18 cents cheaper. Hopefully the Kenya shilling will shore up the loss as the week goes along.

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