This article provides a detailed overview of the historical exchange rates between the Ugandan Shilling (UGX) and the Nigerian Naira (NGN). It includes data, statistics, and factors influencing the currency values, offering insights for businesses, travelers, and anyone interested in understanding the dynamics of these two currencies.
We publish the mid-market level derived from aggregated pricing across major venues - the UGX/NGN exchange rate. It’s the midpoint between buy and sell quotes, excluding retail spreads and fees. In UGX/NGN, UGX is the base (always 1 unit) and NGN is the quote. A level of 0.4120 means 1 UGX buys 0.4120 NGN.
It is important to note that we use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money.
Current Exchange Rate
As of November 6, 2025, at 6:23 PM GMT, UGX/NGN is quoted at 0.4120 - the UGX/NGN exchange rate.
- Range so far: Min: 0.4116 - Max: 0.4135; opening print: 0.4132.
- Yesterday’s close was 0.4132; the live UGX/NGN level is now 0.4120.
- Seven days ago the pair printed 0.4155, and thirty days ago it was 0.4269.
- Ninety days back we saw UGX/NGN near 0.4297.
- From the start of the year (YTD), the reference level is 0.4210.
- Six months ago: 0.4380.
- Twelve months ago: 0.4547.
- Month-to-date trading has spanned a high of 0.4162 and a low of 0.4132 (mid-market daily).
Historical Exchange Rate Trends
This page contains detailed daily historical exchange rates between UGX and NGN from 2025-3-8 to 2025-11-05, making it easy to look up and reference.
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Here’s a look at the 12-month range:
- High: 0.4588 on November 22, 2024
- Low: 0.4062 on February 8, 2025
By examining the recent fluctuations in the exchange rate between UGX and NGN, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.
Look at the charts of UGX to NGN over the past few months. If the trend is upward, it means UGX is appreciating and exchanging to NGN is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
Data Statistics
This section organizes the historical exchange rate data of 1 UGX to NGN, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.
| Period | Past 1 Day | Past 15 Days | Past 30 Days | Past 90 Days |
|---|---|---|---|---|
| High | 0.418983 | 0.427268 | 0.436119 | 0.436119 |
| Low | 0.416040 | 0.415175 | 0.415175 | 0.415175 |
| Average | 0.417512 | 0.423196 | 0.426585 | 0.429023 |
Past 7 Days Historical Exchange Rates
Below are the daily average exchange rates of UGX to NGN for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of NGN to UGX, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.
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Currency Information
UGX - Ugandan Shilling
Our currency rankings show that the most popular Ugandan Shilling exchange rate is the UGX to USD rate. The currency code for Ugandan Shillings is UGX. The currency symbol is USh.
- The Ugandan Shilling has been issued since 1966, replacing the East African Monetary Unit.
- The UGX is the core of Uganda's economy, supporting the development of agriculture, manufacturing, and services.
- The currency has undergone several inflation adjustments and is currently committed to maintaining a stable exchange rate, promoting national economic growth and regional trade cooperation.
- Supporting unit: No auxiliary currency unit; auxiliary currency has been abolished.
- Denomination of banknotes: 1000, 2000, 5000, 10000, 20000 shillings
- Reserve currency: No, the US dollar is the primary reserve currency.
- Banknote material: Paper-based, with anti-counterfeiting technology.
- Metal composition: Non-circulating coins
- Currency symbol: USh
- Paper currency size: Approximately 150mm × 70mm for 10,000 shillings.
- Main unit: 1 shilling
- ISO code: UGX
- Currency name: Ugandan Shilling
- Exchange Rate System: Floating exchange rate system
- Central Bank: Bank of Uganda
- Safe-haven currency: No, regional currency.
- Coin denomination: Non-circulating coins
- Countries of Use: Uganda
- Cross-border payment: The shilling supports SWIFT cross-border payments, but most international transactions are conducted in US dollars and euros.
NGN - Nigerian Naira
Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nigerian Nairas is NGN. The currency symbol is ₦.
- The naira was introduced in 1973 as a replacement for the Nigerian pound.
- The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.
- Supporting unit: 1 Naira = 100 Kobo
- Denomination of banknotes: 5, 10, 20, 50, 100, 200, 500, 1000 Naira
- Reserve currency: No, the primary reserves consist of foreign currencies such as USD, EUR, and RMB.
- Banknote material: Most are paper-based, while some small denominations are made of polymer.
- Metal composition: Nickel-plated steel core, copper alloy, aluminum alloy, etc.
- Currency symbol: ₦
- Paper currency size: For example, 1000 Naira is approximately 151mm × 78mm.
- Main unit: Naira
- ISO code: NGN
- Currency name: Nigerian Naira
- Exchange Rate System: Regulated floating exchange rate system
- Central Bank: Central Bank of Nigeria
- Safe-haven currency: No, there are significant fluctuations in exchange rates and strong capital controls.
- Coin denomination: 50 Cobos, 1, 2 Naira (seldom used).
- Countries of Use: Nigeria is the only country where it is used officially.
- Cross-border payment: Naira is not freely convertible in the international market and is primarily settled through the SWIFT network and banking intermediaries. Cross-border payments often use the US dollar or euro as intermediary currencies, which limits efficiency.
US Dollar To Ugandan Shilling Exchange Rate Today | USD To UGX | Dollar To Shilling
Factors to Consider in Cross-Border Transactions
When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the UGX to NGN exchange rate can result in substantial changes in actual amounts.
Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times. The actual amount received during remittance is directly affected by the UGX to NGN exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.
Such differences can be significant for large transactions. For example, causes you to see UGX to NGN on Platform A as 7.10, while Platform B shows 7.02.be necessary.
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Xe Currency Tools
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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.
