there are alot of factors to consider here which annot be explained in a paragraph let me compile a document then get back to you.
We’re surviving by the grace of Amadioha.
The govt should act very fast.
No matter the value of the shilling or level of inflation, there will always be rich people and poor people.
Ndio hio PPP.Assume you’ve been sending someone in the US,1000ksh annually .a litre of fuel in 2017 was around 103SH/per litre in KE and 0.64USD/per litre respectively . The 1K would get you 9.7 litres in KE. In USA the same 1k or $9.7 would be 15 litres at the the pump.
2022: Petrol price is 160SH/per litre and 1.25USD/per liter. 1K will get you 6.25 litres in Kenya. Same 1K (at 120/=)i.e $8.33 will get you 5 litres.
In dollars: Assume you’ve been recieving $10 annually .in 2017= 1030KSH would get 10 litres of petrol in Kenya and 15 litres in USA. In 2022 1200KSH will get you 7.5 litres in KE / 8 litres in USA.
You can deduce that the USD Is tanking faster than the shilling…in relation to petrol prices. Lakini, pia kuna subsidies in Kenya and America as well.
It’s the most stable rate in the world. No fluctuation
Im sure imepanda from 2017 or else quality has gone down substantially for 150
So,100K ni 45 sausand? :D:D:D:D ok
:D:D:D
Cherera & Co. Group of schools.
ndio nashangaa huyu mtu anasema alfu moja sahii ni mia nne hamsini, huyo ni cherera ya mtu.
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:D:D:D:D:D very sharp cats in the kijiji
Afadhali Ke.Out here chickens have come home to roost
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This platform gave a lot of hooligans a chance to spew their nonsense unchecked.
We are not fckd up accept changes, pale USA
In 2017 Brent crude was $ 54.55per barrel.
In 2022 Brent crude be $100.45 per barrel.