What Currency Is Used in Uganda
What Currency Is Used in Uganda
What Currency Is Used in Uganda?
Uganda, a landlocked country in East Africa known for its stunning landscapes and diverse wildlife, uses the Ugandan Shilling as its official currency.
💱 Official Currency: Ugandan Shilling (UGX)
The Ugandan Shilling, abbreviated as UGX, is the legal tender in Uganda. It was introduced in 1987, replacing the old shilling at a rate of 1 new shilling = 100 old shillings. The currency is regulated by the Bank of Uganda, which is the country’s central bank.
💵 Currency Denominations
The Ugandan Shilling comes in both coins and banknotes:
🪙 Coins:
- 50 UGX
- 100 UGX
- 200 UGX
- 500 UGX
- 1,000 UGX
💶 Banknotes:
- 1,000 UGX
- 2,000 UGX
- 5,000 UGX
- 10,000 UGX
- 20,000 UGX
- 50,000 UGX
Each note features significant national symbols, including cultural heritage, wildlife, and historical figures.
🌍 Currency Use and Exchange
The Ugandan Shilling is used for all local transactions. However, in some tourist areas and for large transactions, US Dollars may be accepted. It’s advisable to carry local currency for day-to-day purchases.
You can exchange foreign currency at:
- Banks
- Forex bureaus
- Hotels (less favorable rates)
Always check the exchange rate before converting money.
✅ Quick Facts:
- Currency Code: UGX
- Symbol: USh or Shs
- Central Bank: Bank of Uganda
- Subunit: None (no smaller units currently in circulation)
FAQ: Currency in Uganda
1. Can I use US dollars in Uganda?
Yes, especially in tourist areas and for large purchases. However, the Ugandan Shilling is preferred for everyday transactions.
2. Where can I exchange money in Uganda?
You can exchange money at banks, forex bureaus, and some hotels. Forex bureaus often offer better rates.
3. Are credit cards widely accepted in Uganda?
Credit cards are accepted in major cities, hotels, and upscale establishments. Always carry cash when traveling to rural areas.
4. Is it better to bring cash or use ATMs in Uganda?
Both are viable. ATMs are available in cities, but carrying some cash is advisable for remote areas.
5. What is the best currency to bring to Uganda?
US Dollars are the most widely accepted foreign currency. Make sure the notes are clean and printed after 2006.