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AUD to UGX - Compare Exchange Rates

Australian Dollar to Ugandan Shilling - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD to UGX interbank exchange rate = 2624.7455

Right now the AUD/UGX interbank exchange rate is 2624.7455. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Ugandan Shilling to Australian Dollar.

This AUD/UGX Converter calculates equivalent Australian Dollar to Ugandan Shilling amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

AUD / UGX converter & margin calculator


$AUD
UShUGX
Mid-rates:
 
Sending AUD->UGX we recommend:

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1 Week AUD to UGX
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Australian Dollar

Ugandan Shilling

1 AUD 2,624.75 UGX
5 AUD 13,123.73 UGX
10 AUD 26,247.46 UGX
20 AUD 52,494.91 UGX
50 AUD 131,237.28 UGX
100 AUD 262,474.55 UGX
250 AUD 656,186.38 UGX
500 AUD 1,312,372.75 UGX
1,000 AUD 2,624,745.50 UGX
2,000 AUD 5,249,491.00 UGX
5,000 AUD 13,123,727.50 UGX
10,000 AUD 26,247,455.00 UGX
50,000 AUD 131,237,275.00 UGX
100,000 AUD 262,474,550.00 UGX
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Australian Dollar

Ugandan Shilling

0.0004 AUD 1 UGX
0.0019 AUD 5 UGX
0.0038 AUD 10 UGX
0.0076 AUD 20 UGX
0.0191 AUD 50 UGX
0.0381 AUD 100 UGX
0.0953 AUD 250 UGX
0.1905 AUD 500 UGX
0.3810 AUD 1,000 UGX
0.7620 AUD 2,000 UGX
1.9050 AUD 5,000 UGX
3.8100 AUD 10,000 UGX
19.05 AUD 50,000 UGX
38.10 AUD 100,000 UGX
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Australian Dollar to Ugandan Shilling (AUD-UGX) - 10 Year History

The below table shows the historic variation in the AUD/UGX exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
21 Mar 20192629.5761Latest
14 Mar 20192626.21941 Week+0.13%
19 Feb 20192631.35751 Month-0.07%
22 Sep 20182787.15256 Months-5.65%
21 Mar 20182837.27531 Year-7.32%
21 Mar 20172777.24682 Years-5.32%
22 Mar 20142317.99315 Years+13.44%
23 Mar 20091458.299410 Years+80.32%

Why can't I just get the AUD/UGX market rate I see on Google or in the Media?

The AUD/UGX mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / UGX was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/UGX midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to UGX exchange rate

  1. Know the latest AUD/UGX market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Ugandan Shilling

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs UGX, you should pay attention to both Australian Dollar and Ugandan Shilling news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Ugandan Shilling (UGX) - Market news and forecasts

No recent Ugandan Shilling market updates.