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UGX to USD - Ugandan Shilling to US Dollar Converter

Convert Ugandan Shilling to US Dollar with daily ECB exchange rates

1 UGX = ~0.000281 USD (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

UGX to USD quick math is tricky. Check live rates for accuracy and use rate alerts for large transfers.

Estimate with a small buffer and verify against multiple sources before committing

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common UGX - USD Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Key drivers include monetary policy, inflation trends, trade balances, commodity prices, and global risk sentiment. Central bank actions and market expectations can shift demand for the Ugandan shilling and the dollar.

Economic Context

Trading Relationship

Uganda trades with multiple partners, including the United States. USD payments underpin imports of machinery and consumer goods, while Uganda exports primarily agriculture; exchange movements affect pricing and timing for both sides.

Key Rate Factors

  • •Domestic inflation trends and Bank of Uganda policy
  • •US Federal Reserve policy and dollar liquidity
  • •Uganda-US trade balance and tariff considerations
  • •Commodity price swings affecting export earnings
  • •Global risk appetite and safe-haven demand for USD

Central Banks

Bank of Uganda
Kampala, Uganda
Oversees monetary policy, liquidity, and financial stability in Uganda; regulates banks and payment systems.
Federal Reserve System
Washington, D.C., USA
Sets U.S. monetary policy, manages inflation, and ensures stability of financial markets and payment systems.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates