Today's PKR to KES Price Update

Summary

This report provides the real-time exchange rate between the Pakistani Rupee (PKR) and the Kenyan Shilling (KES), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Pakistani Rupee (PKR) is the official currency of Pakistan, while the Kenyan Shilling (KES) is the primary currency of Kenya. The exchange rate between them reflects market sentiment regarding the relative value and stability of both currencies in emerging market contexts.

Today’s Price

• 1 PKR = 0.46 KES
• 24h High: 0.46159 KES
• 24h Low: 0.45856 KES

Market Analysis

The PKR/KES exchange rate has shown relative stability in the short term, with minimal daily volatility. Market forecasts indicate a slight downward pressure, with expectations for a -0.07% decline over the next month.

• Technical levels: Support and resistance identification can be enhanced through technical analysis tools such as trend lines, moving averages, and Fibonacci retracements
• Historical context: Over the past 52 weeks, PKR/KES has traded within a range of 0.4512 to 0.4659, representing a -0.73% annual change
• Trading opportunities: Monitor the current price levels relative to the established 52-week range for potential mean reversion strategies

Conclusion

Continue to monitor the PKR/KES pair closely, utilizing technical analysis tools to identify key support and resistance levels. Traders should remain aware of the forecasted downward pressure while considering the broader 52-week trading range as a reference for strategic positioning.