This book explores the Relationship that exists between Exchange rates Movement and Market returns Volatility of firms listed at the Nairobi Stock Exchange. It introduces the topic with a solid emphasis on the actual relationship. Further, literature review takes an in-depth look at various theories that exist in support of the buildup of the study. Both traditional and modern theories are examined, bridging the gaps between the different perspectives of thought. The Methodology looks at the design, the population in question (the 56 Companies) listed at the Nairobi Stock Exchange at the time...