Dollar Rate

[Kdawg254]

Just from a forex bureau in town and the rate for Selling dollar has shot up to 103.5 while Buying is 101.5!
Normally the difference between buying and selling is usually a shilling or less lakini since govt announced the new currency things have changed.
The bureau attendant anasema its due to high demand lakini we can’t rule out greed and hoarding to create artificial shortage and hence increase price!
Going to be very hard for importers for the next few months.
CBK rate ya Leo iko hapa chini

 

[ChifuMbitika]

True. Hard times are ahead of us. Let's buckle up for the rough ride guys!

 

[kasaman]

True. Hard times are ahead of us. Let's buckle up for the rough ride guys!

We pay for the corrupt few !

 

[ChifuMbitika]

We pay for the corrupt few !

Vita vya fahali wawili nyasi ndio huumia.

 

[mikel]

good news for some of us

 

[Nyamgondho]

good news for some of us

Huyu lasma akuwe academic writer pare kahawa

 

[Kdawg254]

good news for some of us

Won’t the increase in prices of goods negate any small gains you get with a higher dollar?

 

[mikel]

Huyu lasma akuwe academic writer pare kahawa

kawangware

 

[mikel]

Won’t the increase in prices of goods negate any small gains you get with a higher dollar?

which goods? Mimi husiaga unga yangu nakuru and I grow my own vegetables.

 

[Kdawg254]

which goods? Mimi husiaga unga yangu nakuru and I grow my own vegetables.

Iroli nayo and unajua increase inakuja pamoja na elec increase!
Hata hiyo kusiaga itabidi mwenyewe ameongeza bei!

 

[Kanugu]

Ngai na wave bado tunatuma pesa na 98 bob

 

[Kennedy Maina]

Just from a forex bureau in town and the rate for Selling dollar has shot up to 103.5 while Buying is 101.5!
Normally the difference between buying and selling is usually a shilling or less lakini since govt announced the new currency things have changed.
The bureau attendant anasema its due to high demand lakini we can’t rule out greed and hoarding to create artificial shortage and hence increase price!
Going to be very hard for importers for the next few months.
CBK rate ya Leo iko hapa chini
View attachment 242282

Which bureaus do you usually go to?
I never experience rates that are 'a shilling or less' between buying and selling.

Ama unaongea ile rate ya gazeti?
Banks and bureaus give much worse rates than what CBK states.

 

[Kdawg254]

Which bureaus do you usually go to?
I never experience rates that are 'a shilling or less' between buying and selling.

Ama unaongea ile rate ya gazeti?
Banks and bureaus give much worse rates than what CBK states.

Mimi huenda Continental forex bureau pale kimathi street best rates in town.

 

[Swansea]

Ngai na wave bado tunatuma pesa na 98 bob

There's always the Kshs 3 difference. Only good thing is that it is convenient. Funds go directly to Mpesa unlike Western Union and Money gram with their horrendous exchange rates.