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UGX · UGX

Ugandan Shilling (UGX)

The Ugandan shilling (UGX) is the official currency of Uganda, issued by the Bank of Uganda. This page provides an overview of its history, denominations, and role in the economy.

1 USD3720.300049 UGX

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Converted amount

0.0003 USD

Exchange rate
1 UGX = 0.000269 USD

Updated
8/9/2026 12:00 AM

Source
ApiForex Managed Source 3

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UGX · Ugandan Shilling

Ugandan Shilling (UGX): Overview and History

The Ugandan shilling (UGX) is the official currency of the Republic of Uganda, a landlocked country in East Africa. It is issued and regulated by the Bank of Uganda, the country's central bank. The currency code is UGX, and its symbol is USh. The shilling is subdivided into 100 cents, although coins of cents are rarely used in daily transactions due to their low value.

The shilling was introduced in 1966, replacing the East African shilling, which had been used during the colonial period and after independence. Over the years, the currency has undergone several changes, including redenominations and the introduction of new banknote and coin series. The current series features notable Ugandans, wildlife, and cultural symbols, reflecting the nation's heritage and natural beauty.

The value of the Ugandan shilling is determined by market forces in the foreign exchange market. The Bank of Uganda intervenes occasionally to stabilize excessive fluctuations. The currency is widely used in all economic activities within Uganda, including trade, investment, and savings. However, like many emerging market currencies, it is subject to inflationary pressures and exchange rate volatility. For the latest exchange rates and economic indicators, refer to official sources such as the Bank of Uganda.

Code
UGX
Symbol
UGX
Current rate
USD / UGX

Currency information

Last updated · 8/7/2026

Introduced in 1987, replacing the East African Shilling at a rate of 1 Ugandan Shilling = 100 East African Shillings.

Official name
Ugandan Shilling
Legal tender status
Legal tender in Uganda
Decimal places
0
Countries
Uganda
Issuing authority
Bank of Uganda
Central bank
Bank of Uganda · Official website
Exchange-rate regime
Floating exchange rate

Common banknotes

USh 1,000 · USh 2,000 · USh 5,000 · USh 10,000 · USh 20,000 · USh 50,000

Common coins

USh 100 · USh 200 · USh 500 · USh 1,000

Also known as

Shilling · Ugandan Shilling · UGX · USh

Practical notes

  • The shilling is subdivided into 100 cents, but coins below 100 shillings are rarely used.
  • The symbol 'USh' is commonly used to distinguish from other shilling currencies.

Priority currency pairs

The most useful conversions for this currency.

Ugandan Shilling questions

What is the UGX exchange rate?

The displayed rate is the latest available reference rate for USD/UGX. It can change throughout the day.

How can I convert UGX online?

Use the converter above to calculate indicative amounts between UGX and the other supported currencies.