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March 5, 2026
3h ago

Kenyan Shilling Ranked Top 5 Most Stable Currencies Globally

Kenyan Shilling Ranked Top 5 Most Stable Currencies Globally

The latest ranking places the Kenyan shilling as one of the most stable currencies globally, reinforcing confidence in Ruto's economic management efforts...

✨ Key Highlights

The Kenyan shilling has been recognized as one of the world's most stable currencies, ranking among the top five globally by Bloomberg data.

  • The Kenyan shilling recorded a low volatility rate of just 1.5 per cent over the past year.
  • This stability is attributed by Central Bank of Kenya Governor Kamau Thugge to improvements in the country’s external financial position.
  • The currency has maintained a narrow range against the United States dollar, hovering between Ksh128 and Ksh130 since August 2024.

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