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Average Exchange Rates As Of 29th August 2022 – Soko Directory Team

The Sterling pound was being bought at 140.7153 shillings and sold at 140.993 shillings. The Euro which has been on a downward trend was bought and sold at 119.774 ad 120.012 shillings.
On Monday 29th August 2022, Commercial Banks in Kenya were buying the US Dollar at an average of 119.879 shillings and selling it at 120.079 shillings with a mean across all commercial banks standing at 119.9079 shillings to the dollar.
Meanwhile, the Sterling pound was being bought at 140.7153 shillings and sold at 140.993 shillings. The Euro which has been on a downward trend was bought and sold at 119.774 ad 120.012 shillings.
The shilling was being bought at 31.8539 Ugandan shillings and sold at 31.990 Ugandan shillings. Meanwhile, the Kenyan shillings continue to depreciate against the US Dollar due to high global crude oil prices on the back of persistent supply chain bottlenecks coupled with high demand.
The shilling shed to close the week at 119.9 shillings, a 0.3 percent depreciation from 119.6 shillings recorded the previous week.
See the table below for other exchange rates as of 29th August 2022.

Related Content: Average Exchange Rates for Major Currencies As Of 25th August 2022

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Joseph Muongi

Financial.co.ke was founded by Mr. Joseph Muongi Kamau. He holds a Master of Science in Finance, Bachelors of Science in Actuarial Science and a Certificate of proficiencty in insurance. He's also the lead financial consultant.