Wednesday 21 January 2009

Exchange Rate

With the UK pound in free-fall against most currencies, it is getting increasingly expensive to send money from the UK to Kenya.

I read that the Kenyan shilling is taking a bettering, but I see that it is more or less holding its own against the US$, although it is losing against the Euro.

I also see in the daily Nation that I can get a much better rate in kenya than I can in the UK. I really don't understand currency exchange.

All I want to do is pay the rent on my house, without it going up £3 every month through no fault of my own.

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