USD to UGX Exchange Rate - Convert US Dollar to Ugandan Shilling

Converting from US Dollar (USD) to Ugandan Shilling (UGX)

What is US Dollar (USD)

The US Dollar (USD) is the official currency of the United States and its territories. It is one of the most widely used currencies in the world for international trade and finance. The dollar is symbolized by the "$" sign and is subdivided into 100 cents. As a fiat currency, the value of the US Dollar is not backed by a physical commodity, such as gold or silver. Instead, its value is derived from the trust and confidence that people and governments place in it.

The US Dollar has a significant impact on global markets and is often seen as a benchmark for measuring the strength of other currencies. It is the primary reserve currency in the world, used in more than 60% of global foreign exchange reserves. Many countries hold US Dollars in their central banks as a safeguard against economic instability and for trade purposes.

Exchange rates for the USD can fluctuate depending on various factors, including economic data, geopolitical events, and changes in interest rates. For those converting money from USD to other currencies, understanding these fluctuations is crucial for maximizing the value of the exchange.

What is Ugandan Shilling (UGX)

The Ugandan Shilling (UGX) is the official currency of Uganda, a landlocked country in East Africa. Its symbol is "USh," and it is divided into 100 cents. The Shilling is issued and managed by the Bank of Uganda, which is responsible for maintaining monetary stability and promoting economic growth in the country.

The value of the Ugandan Shilling can be influenced by a variety of factors, including inflation rates, trade balances, and foreign direct investments. Uganda's economy is primarily based on agriculture, with coffee being one of its major exports. As a result, fluctuations in agricultural production can have a significant impact on the value of the UGX.

When converting from the US Dollar to the Ugandan Shilling, you may encounter various exchange rates. These rates can vary between banks, currency exchange services, and online platforms. It is essential to compare rates and fees to secure the best deal.

To convert USD to UGX, you can use the formula:

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

For instance, if you are converting $100 USD to UGX, and the exchange rate is 3,700 UGX per USD, the calculation would be:

Amount in UGX = 100 × 3700 = 370,000 UGX

In summary, understanding the US Dollar and Ugandan Shilling is essential for anyone looking to engage in currency conversion between these two currencies. By keeping an eye on exchange rates and market trends, you can make informed financial decisions.

US Dollar to Ugandan Shilling conversion table

USD to UGX conversion table

US Dollar (USD)Ugandan Shilling (UGX)
1 USD3 665.1580523025 UGX
2 USD7 330.316104605 UGX
3 USD10 995.4741569075 UGX
4 USD14 660.63220921 UGX
5 USD18 325.7902615125 UGX
6 USD21 990.948313815 UGX
7 USD25 656.1063661175 UGX
8 USD29 321.26441842 UGX
9 USD32 986.4224707225 UGX
10 USD36 651.580523025 UGX
100 USD366 515.80523025 UGX
200 USD733 031.6104605 UGX
300 USD1 099 547.41569075 UGX
400 USD1 466 063.220921 UGX
500 USD1 832 579.02615125 UGX
600 USD2 199 094.8313815 UGX
700 USD2 565 610.63661175 UGX
800 USD2 932 126.441842 UGX
900 USD3 298 642.24707225 UGX
1 000 USD3 665 158.0523025 UGX
2 000 USD7 330 316.104605 UGX
5 000 USD18 325 790.2615125 UGX
10 000 USD36 651 580.523025 UGX
20 000 USD73 303 161.04605 UGX
50 000 USD183 257 902.615125 UGX
100 000 USD366 515 805.23025 UGX
Last updated April 25, 2025 at 11:55 PM