Abacus Wealth Management

Forex Trail

Below is a table comparing the movements of the Kenya shilling against the major world currencies and the currencies of our neighbouring countries over the last two days:

Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF
Date 25/04/2012    83.2531            134.3929   109.8259    10.6812     30.1371     19.0684      7.2371
26/04/2012 83.265 134.5974 110.094 10.7217 30.0848 19.0657 7.2361

The Kenya shilling gained marginally against the US Dollar, the Sterling Pound and the Euro, up by 0.013%, 0.152% and 0.244% respectively. The local currency also gained against the South African Rand, up by 0.379%. The Kenya shilling weakened against the Uganda and Tanzania shilling and the Rwanda Franc as well, down by 0.173%, 0.0141% and 0.0138% respectively. Kenyans had to pay more and they received less, on average, for all the currencies above, compared to the previous day.

 

 

 

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