UGX to INR Exchange Rate - Convert Ugandan Shilling to Indian Rupee

Converting from Ugandan Shilling (UGX) to Indian Rupee (INR)

What is Ugandan Shilling (UGX)

The Ugandan Shilling, abbreviated as UGX, is the official currency of Uganda, a country located in East Africa. It was introduced in 1987, replacing the East African Shilling, which was used before the country gained independence. The symbol for the Ugandan Shilling is "USh," and it is subdivided into 100 cents.

This currency plays a crucial role in Uganda’s economy, which relies heavily on agriculture, tourism, and services. The Bank of Uganda is responsible for issuing and regulating the currency. The value of UGX can fluctuate based on various factors, including inflation rates, economic performance, and global market trends.

Like many other currencies, the Ugandan Shilling is affected by exchange rates, which are determined by supply and demand dynamics in the foreign exchange market. When converting UGX to another currency, like the Indian Rupee, it is essential to check the most current rates as they can change frequently.

What is Indian Rupee (INR)

The Indian Rupee, represented by the symbol "₹" and the code INR, is the official currency of India. It has a long history, with foreign influences shaping its evolution. The modern Indian Rupee is managed and issued by the Reserve Bank of India (RBI), which was established in 1935.

The Rupee is subdivided into 100 paise, although coins of paise are now rare in circulation. The Indian economy is one of the largest in the world, characterized by diversified sectors such as information technology, agriculture, and manufacturing.

India's currency value is subject to changes based on a range of economic indicators, including inflation rates, growth figures, and international trade. The exchange rate between INR and other currencies, including the Ugandan Shilling, is determined by these economic conditions along with geopolitical factors.

Converting UGX to INR

To convert Ugandan Shillings (UGX) to Indian Rupees (INR), a suitable exchange rate must be used. The formula for converting currencies is:

Amount in INR = Amount in UGX × Exchange Rate (UGX to INR)

For example, if the exchange rate is 1 UGX = 0.025 INR, then to convert 100,000 UGX to INR, the calculation would be:

Amount in INR = 100,000 × 0.025 = 2,500 INR

It is important to note that exchange rates can vary between banks, currency exchange services, and online platforms. Therefore, when converting Ugandan Shillings to Indian Rupees, it is advisable to compare rates to get the best value.

Understanding the dynamics of both UGX and INR can benefit individuals and businesses engaged in trade or travel between Uganda and India. Keeping track of the latest exchange rates ensures informed financial decisions in currency conversion.

Ugandan Shilling to Indian Rupee conversion table

UGX to INR conversion table

Ugandan Shilling (UGX)Indian Rupee (INR)
1 UGX0.02307380549 INR
2 UGX0.04614761098 INR
3 UGX0.06922141646 INR
4 UGX0.09229522195 INR
5 UGX0.11536902744 INR
6 UGX0.13844283293 INR
7 UGX0.16151663842 INR
8 UGX0.1845904439 INR
9 UGX0.20766424939 INR
10 UGX0.23073805488 INR
100 UGX2.3073805488 INR
200 UGX4.6147610976 INR
300 UGX6.9221416464 INR
400 UGX9.22952219521 INR
500 UGX11.53690274401 INR
600 UGX13.84428329281 INR
700 UGX16.15166384161 INR
800 UGX18.45904439041 INR
900 UGX20.76642493921 INR
1 000 UGX23.07380548801 INR
2 000 UGX46.14761097603 INR
5 000 UGX115.36902744006 INR
10 000 UGX230.73805488013 INR
20 000 UGX461.47610976026 INR
50 000 UGX1 153.69027440065 INR
100 000 UGX2 307.38054880129 INR
Last updated May 1, 2025 at 09:55 PM