Want this question answered?
1 US Dollar=80.7500 Kenyan Shillings.
Am in nairobi where i can exchange oman money in to kenyan money
exchange rates from kenyan shilling to us dollar check out here http://kes.exchangerates24.com/
The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.
The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
The Exchange Rate is 6594.232$.
unfavourable exchange rate movement
Floating Exchange Rate
7.70
An exchange rate, which is also called the foreign-foreign exchange rate, is the rate that currency will be exchanged for another currency and may have a forward contract. The spot exchange rate is the current exchange rate today with immediate delivery and it is also called benchmark rates and outright rates.
The Somali Shilling (SOS) replaced the East African Shilling in 1962. Since 1962, there are 100 Senti in the Somali Shilling (SOS). See link to Universal Currency Converter. Using the Universal Currency Converter, you can convert any denomination from any current currency, into the equivalent value of any other current currency. It is updated regularly, so whatever you see will be relatively current.
what are the causes of fluctuations in the exchange rate