Between 15 and 22 October 2026 the Kenyan shilling recorded its biggest weekly gain against the Ugandan shilling, moving from 30.46 to 32.26 Ugandan shillings per KSh1, a shift of 1.80 units.

In the same week the shilling edged higher against the Tanzanian shilling, moving from 20.26 to 20.35, while its rates against the Rwandan franc and Burundian franc changed only marginally, slipping by 0.01 and 0.02 units respectively.

Against major global currencies the shilling weakened, with the British pound rising from 171.30 to 173.92 per KSh1 and the euro climbing from 144.43 to 145.83, while the Japanese yen moved from 81.70 to 82.18 per 100 yen.

The shilling held largely steady against the US dollar, drifting only from 129.81 to 129.91 per KSh1 over the week.

These exchange‑rate trends come as Kenya’s economy expanded by 5.1% in the second quarter of 2026, up from 4.9% a year earlier, reflecting solid domestic performance.

Growth was led by the services sector, which grew 5.8% in the April‑June period, supported by finance, insurance, ICT, transport, storage and hospitality activities.

Manufacturing and electricity and water supply also posted positive contributions, while agriculture and industry slowed to 3.5% and 4.4% growth respectively, down from 4% and 4.6% a year earlier.