The Bank of Uganda has released the latest exchange rates for the Uganda Shilling against major international currencies for Thursday, July 4, 2024. The exchange rates for buying and selling various currencies are as follows:
The exchange rate for the US Dollar (USD) stands at UGX 3,630.00 for buying and UGX 3,920.00 for selling. This indicates that individuals or businesses looking to purchase US Dollars will pay UGX 3,920.00 per dollar, while those selling US Dollars will receive UGX 3,630.00 per dollar.
The British Pound (GBP) is being bought at UGX 4,549.00 and sold at UGX 4,706.00. For the Euro (EUR), the buying rate is UGX 3,920.00, while the selling rate is UGX 4,051.00.
For regional currencies, the Tanzanian Shilling (TZS) has a buying rate of UGX 1.46 and a selling rate of UGX 1.55. The Indian Rupee (INR) can be bought at UGX 44.31 and sold at UGX 45.07. Lastly, the Kenyan Shilling (KES) is being bought at UGX 24.95 and sold at UGX 26.79.
Exchange Rates for July 4, 2024
| Currency | Buying Rate (UGX) | Selling Rate (UGX) |
|---|---|---|
| USD | 3,630.00 | 3,920.00 |
| GBP | 4,549.00 | 4,706.00 |
| EUR | 3,920.00 | 4,051.00 |
| TZS | 1.46 | 1.55 |
| INR | 44.31 | 45.07 |
| KES | 24.95 | 26.79 |
These exchange rates are crucial for individuals and businesses involved in international trade, travel, or currency conversion. The rates can fluctuate due to various economic factors, including inflation rates, interest rates, and market demand for foreign currencies.
For those planning to exchange large amounts of money, it is advisable to monitor these rates closely and consult with financial experts to ensure the best possible conversion rates. The Bank of Uganda updates these rates regularly, reflecting the latest market conditions.
