As of 18:00 PM UTC today, one hundred thousand Ugandan Shillings (UGX) is equivalent to $28.64 (twenty-eight US dollars and 64 cents). This conversion is based on the mid-market rate for UGX to USD, with the current exchange rate standing at 0.00029. For those interested in the reverse conversion, it's also possible to convert US Dollars to Ugandan Shillings.
To provide the most accurate result, the international exchange rate is utilized. For example, 100,000 UGX converts to $28.60 USD at an exchange rate of 0.0003 for today.
The Ugandan Shilling (UGX) is more than just legal tender in Uganda-it reflects the country's economic evolution, resilience, and fiscal policy direction. While it may not often make international headlines, the UGX plays a crucial role in East Africa’s economic ecosystem. Introduced in 1966, the UGX replaced the East African shilling. Since then, it has undergone multiple reforms to adapt to inflationary pressures and macroeconomic changes.
The United States Dollar (USD) is the official currency of the United States and plays a pivotal role in the global economy. The USD serves as a crucial global reserve currency, comprising 58.36% of official foreign exchange reserves by late 2022. Its dominance is further highlighted by its involvement in nearly 48% of all SWIFT payments by mid-2024.
Historical Exchange Rate Trends
A year ago, on the same day, Sh100,000.00 would have been exchanged for $27.17, which is $1.47 lower than today’s rate. Over the past seven days, the most favorable exchange rate was $28.79. This chart shows data from 2024-11-6 to 2025-11-5. The UGX/USD rate is up +5.40%. In the past 30 days, the UGX to USD exchange rate reached a high of 0.0002926 and a low of 0.0002860, with an average rate of 0.0002883. Over the last 90 days, the UGX to USD exchange rate peaked at 0.0002926 and dipped to a low of 0.0002798, averaging 0.0002852.
Read also: 75 USD in UGX
UGX to USD Chart
The UGX to USD exchange rate history chart provides a visual representation of currency fluctuations over a specified period. You can choose the period from 7 days up to 1 year to analyze trends.
1 UGX to USD Exchange-Rate Statistics
Here's a summary of the high, low, average, and volatility of the UGX to USD exchange rate over the last 7, 30, and 90 days:
How Exchange Rates Are Determined
| Statistic | Last 7 Days | Last 30 Days | Last 90 Days |
|---|---|---|---|
| High | 0.00028842 | 0.00029236 | 0.00029236 |
| Low | 0.00028705 | 0.00028639 | 0.00028026 |
| Average | 0.00028745 | 0.00028857 | 0.00028528 |
| Volatility | 0.22% | 0.27% | 0.19% |
Factors Influencing Currency Exchange Rates
Currency exchange rates fluctuate mainly due to a combination of factors, including global economic activity, market sentiment, interest rate changes, inflation, trade imbalances, and central bank monetary policies. For example, when a country has a strong economy and rising interest rates, it may attract more foreign capital, pushing up the value of its currency. Conversely, political instability or economic slowdown may lead to currency depreciation. Changes in market expectations and speculative activities can also intensify short-term exchange rate fluctuations.
Making Informed Decisions with AI and Historical Data
With a convenient tool, you can not only quickly check today’s latest exchange rate for 1 Ugandan shilling to US dollar, but also easily view detailed historical trends along with AI analysis and forecasts. By keeping track of both real-time and past exchange rate information, you can plan the timing of your international payments, lock in favorable conversion opportunities, and secure the best 1 Ugandan shilling to US dollar rate. This helps you reduce cross-border remittance costs, optimize cash flow and usage efficiency, and make every international transaction more secure, transparent, and efficient.
The AI’s prediction of the Ugandan shilling to US dollar exchange rate is not 100% accurate, but it is based on multiple dimensions of analysis, including historical data, real-time market trends, economic indicators, and geopolitical factors, making it more comprehensive than relying solely on human judgment. However, since the foreign exchange market can be affected by unexpected events and policy changes, it is recommended to use AI predictions as a supplementary reference in combination with your financial planning and real-time market information to improve the scientific basis and success rate of your exchange decisions.
Read also: Current Exchange Rate: UGX to USD
Making Cross-Border Payments
You can make convenient cross-border payments via international wire transfer. Currently, you can also make cross-border payments through services that offer more convenient and secure international cross-border payment services, especially when transferring funds to companies in China.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, accuracy or timeliness cannot be guaranteed. The mid-market rate is used for informational purposes only.
Read also: UGX to USD Conversion
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