Currency Pair USD/UGX: An Overview

The currency pair USD/UGX represents the exchange rate between the US Dollar (USD) and the Ugandan Shilling (UGX). To better understand this currency pair, it is important to know some basic facts about both currencies.

US Dollar (USD)

The US Dollar is the world's most widely used currency and serves as a global reserve currency. Issued by the Federal Reserve, it is not only used in the United States but also in several other countries. The Dollar is known for its stability and is commonly used in international transactions.

Ugandan Shilling (UGX)

The Ugandan Shilling is the official currency of Uganda and is issued by the Bank of Uganda. The currency has undergone several changes since it was first introduced in 1966 and is an important part of the country's economy. The Shilling is primarily used within Uganda and is less stable compared to major global currencies like the USD.

Convert Between USD and UGX

On our website, you can easily convert between different currencies, including USD and UGX. Follow these simple steps to make a conversion:

1. Enter the amount you want to convert.
2. Select the base currency (e.g. USD).
3. Choose the target currency (e.g. UGX).
4. The conversion will happen automatically, and you will see the result instantly.

Historical Exchange Rates

To provide you with a better understanding of the dynamics of the currency pair, we also present a chart showing historical exchange rates for USD/UGX. This can be very helpful in analyzing trends and making informed decisions.

Visit our currency converter today to convert between USD and UGX, or to explore other currency pairs!