KES black market rate on Jul 31, 2026: 128.49 per USD
On Friday, July 31, 2026, the US dollar traded at about 128.49 KES on Kenya's parallel (black) market at the close of observations. The day opened at 128.78 KES, reached a high of 129.72 and a low of 128.21, a trading range of 1.5 KES (1.17%).
Across 288 observations, the average price to buy dollars was 129.28 KES and the average price received when selling dollars was 129.5 KES. Over the session the Kenyan Shilling strengthened against the dollar (-0.23% from open to close).
Official rate vs black market rate on Jul 31, 2026
The official exchange rate published for Kenya on this date was 129.39 KES per USD. The parallel-market close of 128.49 KES therefore implied a premium of -0.70% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Jul 31, 2026 compares
Compared with the previous observed day (Jul 30, 2026, close 128.78 KES), the rate moved -0.23%.
One week earlier (Jul 24, 2026) the close was 129.1 KES, so the weekly change was -0.47%.
Thirty days earlier (Jul 1, 2026) the close was 128.85 KES, a -0.28% move over the month.
How this daily figure is produced
ETCurrency samples Kenya's USD/KES parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jul 31, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Kenyan Shilling black market rate on Jul 31, 2026?
- The USD to KES parallel market rate closed at approximately 128.49 KES per US dollar on Friday, July 31, 2026, after trading between 128.21 and 129.72 KES.
- How much did the KES move against the dollar that day?
- From an open of 128.78 to a close of 128.49 KES, the parallel rate moved -0.23% on Jul 31, 2026.
- What was the gap between the official and black market KES rate on that date?
- The official rate was 129.39 KES per USD versus a parallel close of 128.49 KES, a premium of -0.70%.
- Was the KES black market rate higher or lower than the day before?
- Lower: the previous observed close was 128.78 KES on Jul 30, 2026, a change of -0.23%.
Figures are aggregated parallel-market observations for Kenya in UTC and are indicative only; they are not a quote to trade. See the full USD → Kenyan Shilling history or today's live rate.