Central Bank Currency Rate. Dollar is calculated as weighted average exchange rate based on interbank and bank-customer trades conducted by authorized dealer banks. These rates reflect the average buying and selling rates of the major participants in the foreign exchange market at the open of trade every day, thus providing a good indicator for any interested party on the value of the shilling on any particular day.
However, these rates may differ due to changing market conditions and the amount of transaction.
All rates are obtained, with permission, from Refinitiv and disseminated to the public for information and could differ from those quoted by foreign exchange dealers.
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