GBP/UGX
Market Open
12 Jun, 11:19
USh
5,082. 17
+99.834117
+2.0038%
USh
2 Volume
USh 4,982.338294
Previous Close Want to track GBPUGX and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
GBPUGX Overview
GBPUGX is the foreign exchange quotation showing the value of the British Pound Sterling expressed in Ugandan shillings. It indicates how many UGX are required to purchase one GBP and is quoted in over-the-counter and interbank FX markets where the pair is traded.
The British Pound Sterling (GBP) is the official currency of the United Kingdom and several of its territories. It is one of the world’s major currencies and is issued and regulated by the Bank of England, which sets monetary policy and issues banknotes and coinage.
The Ugandan shilling (UGX) is the national currency of Uganda and is used across the country for domestic transactions. The Bank of Uganda is the issuing authority and is responsible for monetary policy, currency issuance, and financial stability within the Ugandan economy.
The GBPUGX exchange rate is driven by market supply and demand and is influenced by interest rate differentials, inflation trends, central bank actions, economic indicators, and geopolitical developments. Capital flows, trade balances, commodity prices, and remittance patterns also affect liquidity and price dynamics.
For market participants, GBPUGX is relevant for cross-border trade, corporate hedging, remittances, and speculative trading, enabling businesses and investors to manage currency risk and access opportunities between the UK and Uganda.
The British Pound Sterling (GBP) is the official currency of the United Kingdom and several of its territories. It is one of the world’s major currencies and is issued and regulated by the Bank of England, which sets monetary policy and issues banknotes and coinage.
The Ugandan shilling (UGX) is the national currency of Uganda and is used across the country for domestic transactions. The Bank of Uganda is the issuing authority and is responsible for monetary policy, currency issuance, and financial stability within the Ugandan economy.
The GBPUGX exchange rate is driven by market supply and demand and is influenced by interest rate differentials, inflation trends, central bank actions, economic indicators, and geopolitical developments. Capital flows, trade balances, commodity prices, and remittance patterns also affect liquidity and price dynamics.
For market participants, GBPUGX is relevant for cross-border trade, corporate hedging, remittances, and speculative trading, enabling businesses and investors to manage currency risk and access opportunities between the UK and Uganda.
GBPUGX Chart
GBPUGX FAQ
What is the current GBP/UGX price?
The current rate is USh5,082.172411, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the GBP/UGX rate changed today?
The rate has changed by +99.834117 (+2.0038%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was USh4,982.338294, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is GBP/UGX moving up or down?
Movements in GBP/UGX are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+2.0038%) is based on the difference between the current rate and the previous closing rate.
Is GBP/UGX trending up or down right now?
If the current rate (USh5,082.172411) is above the previous close (USh4,982.338294), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for GBP/UGX directly on this page.
