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USD to UGX - Compare Exchange Rates

United States 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.

 

USD to UGX interbank exchange rate = 3741.8959

Right now the USD/UGX interbank exchange rate is 3741.8959. 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 United States Dollar.

This USD/UGX Converter calculates equivalent United States 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.

USD / UGX converter & margin calculator


$USD
UShUGX
Mid-rates:
 

Foreign Transfers Travel Money

Sending USD->UGX we recommend:

WorldRemit WorldRemit

1 Week USD to UGX
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United States Dollar

Ugandan Shilling

1 USD 3,741.90 UGX
5 USD 18,709.48 UGX
10 USD 37,418.96 UGX
20 USD 74,837.92 UGX
50 USD 187,094.80 UGX
100 USD 374,189.59 UGX
250 USD 935,473.98 UGX
500 USD 1,870,947.95 UGX
1,000 USD 3,741,895.90 UGX
2,000 USD 7,483,791.80 UGX
5,000 USD 18,709,479.50 UGX
10,000 USD 37,418,959.00 UGX
50,000 USD 187,094,795.00 UGX
100,000 USD 374,189,590.00 UGX
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United States Dollar

Ugandan Shilling

0.0003 USD 1 UGX
0.0013 USD 5 UGX
0.0027 USD 10 UGX
0.0053 USD 20 UGX
0.0134 USD 50 UGX
0.0267 USD 100 UGX
0.0668 USD 250 UGX
0.1335 USD 500 UGX
0.2670 USD 1,000 UGX
0.5340 USD 2,000 UGX
1.3350 USD 5,000 UGX
2.6700 USD 10,000 UGX
13.35 USD 50,000 UGX
26.70 USD 100,000 UGX
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United States Dollar to Ugandan Shilling (USD-UGX) - 10 Year History

The below table shows the historic variation in the USD/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 USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
20 Apr 20193741.8959Latest
13 Apr 20193752.11811 Week-0.27%
21 Mar 20193700.66541 Month+1.11%
22 Oct 20183757.28166 Months-0.41%
20 Apr 20183697.35001 Year+1.2%
20 Apr 20173630.20812 Years+3.08%
21 Apr 20142513.46675 Years+48.87%
22 Apr 20092183.050810 Years+71.41%

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

The USD/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 USD / 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 USD/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 USD to UGX exchange rate

  1. Know the latest USD/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 United States 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 USD vs UGX, you should pay attention to both United States Dollar and Ugandan Shilling news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Ugandan Shilling (UGX) - Market news and forecasts

No recent Ugandan Shilling market updates.