Kenyan Shilling

The Kenyan Shilling increased to 86.80 in April from 86.30 in March of 2014. Kenyan Shilling averaged 76.61 from 1993 until 2014, reaching an all time high of 105.75 in October of 2011 and a record low of 36.23 in January of 1993. The USDKES spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the KES. While the USDKES spot exchange rate is quoted and exchanged in the same day, the USDKES forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Kenyan Shilling - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
86.80 86.30 105.75 36.23 85.26 | 2014/05 1993 - 2014 Daily

TO

Kenyan Shilling
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Government Bond 10y 11.44 2014-04-18 11.44 17.35 5.64 11.88 2014-05-31 Percent [+]
Stock Market 4921.13 2014-04-18 4945.78 6161.46 799.53 4942.11 2014-05-31 Index points [+]
Currency 86.80 2014-04-19 86.30 105.75 36.23 85.26 2014-05-31 [+]
[+]


Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Kenyan Trade Deficit Widens to Second Highest in Nearly 2-1/2 Years  
Trade deficit in Kenya increased in January of 2014 to KES 87.1 billion from KES 83.7 billion a year earlier and KES 78.7 billion in December of 2013.
Kenya Inflation Rate Edges Down to 6.27% in March  
Kenyan annual inflation rate decelerated for the second consecutive month to 6.27 percent, from 6.86 percent recorded in February of 2014, as food, electricity and gas prices slowed.
Kenya Monetary Policy Unchanged in March  
Kenyan Monetary Policy Committee decided to hold the central bank rate at 8.50 percent on March 4th, as overall inflation continued to decline in February and remained within the target range, while exchange rate stability was maintained.
Kenya Inflation Rate Falls to 6.86% in February  
Kenyan annual inflation rate decreased to 6.86 percent in February, slowing from 7.21 percent in the previous month, as Food and Transport prices rose at a slower pace.
Kenya Trade Deficit Widens in December  
In the last month of 2013, Kenya’s trade deficit increased to KES 78.67 billion, from KES 71.7 billion in the previous month and KES 76.9 billion a year earlier.
Kenya Trade Deficit Narrows in November  
In November of 2013, Kenyan trade deficit decreased to KES 71.73 billion, down from KES 92.9 billion in the previous month and KES 83.8 billion in the same month last year, boosted by higher tea sales.
Kenya Inflation Rate Rises to 7.2% in January  
In January of 2014, Kenyan annual inflation rate increased to 7.2 percent, slightly up from 7.15 percent registered in December of 2013.
Kenya Leaves Rate on Hold at 8.5%  
At is January 14th meeting, Central Bank of Kenya decided to leave the benchmark interest rate on hold at 8.5 percent, as the current monetary policy stance is considered to deliver the desired objective of price stability. The Committee also said there was room for commercial banks to reduce the lending rates.
Kenya GDP Expands 4.4% YoY in Q3  
In the third quarter of 2013, Kenyan economy advanced 4.4 percent over the previous year, slightly up from 4.3 percent in the June quarter, but down from 4.5 percent a year ago, mainly due to a slowdown in the agriculture and forestry sector.
Kenyan Trade Deficit Rises in September Over a Year Earlier  
In September of 2013, Kenyan trade deficit widened 8.2 percent over a year earlier to 71 billion KES, as lower prices of tea and coffee heat exports. On a monthly basis, the trade deficit decreased 9.9 percent, due to a fall in imports.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News