USD/UGX
Market Open
15 Jun, 11:19
USh
3,753. 90
+43.480262
+1.1718%
USh
1 Volume
USh 3,710.422876
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USDUGX Overview
USDUGX denotes the exchange rate between the US Dollar and the Ugandan Shilling, indicating how many Ugandan shillings are required to buy one US dollar. It tracks the relative value of the two currencies in foreign exchange markets and is quoted by banks and currency platforms.
The US Dollar (USD) is the official currency of the United States and serves as the primary global reserve and settlement currency. Issued and regulated by the Federal Reserve, the dollar underpins international trade and commodity pricing and is a key benchmark in global finance.
The Ugandan Shilling (UGX) is the legal tender of the Republic of Uganda and is issued by the Bank of Uganda. As the domestic currency for the East African nation, the shilling reflects local economic conditions, including trade flows, fiscal policy, and remittances.
Movements in the USDUGX rate are driven by supply and demand dynamics, interest rate differentials, inflation trends, central bank policy and interventions, as well as geopolitical developments and cross-border capital flows. Short-term swings often respond to market sentiment and commodity prices.
This currency pair is important for importers, exporters, investors and traders who use USDUGX for pricing, hedging foreign exchange risk, managing cash flows and seeking opportunities from macroeconomic or speculative moves.
The US Dollar (USD) is the official currency of the United States and serves as the primary global reserve and settlement currency. Issued and regulated by the Federal Reserve, the dollar underpins international trade and commodity pricing and is a key benchmark in global finance.
The Ugandan Shilling (UGX) is the legal tender of the Republic of Uganda and is issued by the Bank of Uganda. As the domestic currency for the East African nation, the shilling reflects local economic conditions, including trade flows, fiscal policy, and remittances.
Movements in the USDUGX rate are driven by supply and demand dynamics, interest rate differentials, inflation trends, central bank policy and interventions, as well as geopolitical developments and cross-border capital flows. Short-term swings often respond to market sentiment and commodity prices.
This currency pair is important for importers, exporters, investors and traders who use USDUGX for pricing, hedging foreign exchange risk, managing cash flows and seeking opportunities from macroeconomic or speculative moves.
USDUGX Chart
USDUGX FAQ
What is the current USD/UGX price?
The current rate is USh3,753.903138, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the USD/UGX rate changed today?
The rate has changed by +43.480262 (+1.1718%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was USh3,710.422876, 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 USD/UGX moving up or down?
Movements in USD/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 (+1.1718%) is based on the difference between the current rate and the previous closing rate.
Is USD/UGX trending up or down right now?
If the current rate (USh3,753.903138) is above the previous close (USh3,710.422876), 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 USD/UGX directly on this page.
