Below is a table showing the performance of the Kenya Shilling against major international currencies as well as the currencies of our neighbouring countries in the last two sessions, Tuesday 5 and Wednesday 6 May 2012.
Currency | US Dollars | Euro | Sterling Pounds | SA Rand | KES/USHS | KES/TSHS | KES/RWF | |
Date | 05/06/2012 | 86.1167 | 106.8906 | 132.3502 | 10.0089 | 29.1235 | 18.4519 | 6.9964 |
06/06/2012 | 85.6486 | 107.1031 | 132.1706 | 10.2296 | 29.0724 | 18.5527 | 7.0347 |
As it is evident, the Kenya shilling remarkably improved against the US Dollar gaining 0.5465% to trade on average at KES 85.6486 per US Dollar. The shilling however slipped against the Euro to trade at KES 107.1031. Against the Sterling Pound the Kenya Shilling gained 0.13588% to trade at KES 132.106. The shilling depreciated against the SA Rand, the Tanzanian Shilling and the Rwandan Franc.
In today’s trading we will observe the Kenya Shilling’s performance against the US Dollar to see whether it stabilises around the KES 85.5 per dollar mark.