The Ugandan Shilling (UGX) continues to hold relatively stable against the US Dollar (USD), with the exchange rate standing at UGX 3,519.67 per USD as of today, 9th September 2025, according to data from PoundSterlingLive.
This figure reflects the official mid-market rate, commonly used as a benchmark by financial institutions and forex platforms across the country.
Exchange Rate Summary:
Official mid-market rate: UGX 3,519.67 per 1 USD
Lowest rate this week (5th Sept): UGX 3,519.70
Recent high (July 2025): UGX 3,579.15
These figures highlight a period of moderate stability for the shilling, following fluctuations seen earlier in the year.
Black Market & Commercial Bank Variations
While the official exchange rate remains a key indicator, actual trading rates in Uganda can vary depending on the source:
Forex bureaus and street dealers (black market) often offer slightly different rates based on demand, availability, and location.
Commercial banks may include transaction fees or offer slightly adjusted rates for international transfers and currency exchanges.
As of today, unofficial black-market rates are reported to range between UGX 3,510 and UGX 3,540, depending on region and volume of trade.
Caution on Parallel Market Rates
The Bank of Uganda (BoU) strongly encourages the public to conduct foreign exchange transactions through licensed banks and forex bureaus. Parallel (black) market rates are not officially recognized, and trading on such platforms can expose individuals to fraud and lack of regulatory protection.
Disclaimer:
Exchange rates fluctuate throughout the day depending on global and regional market conditions. The rate you receive from a bank, forex bureau, or online platform may differ slightly from the rates published in this report.
