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What Is the Forex Rate in Uganda Today?
The forex rate between the US dollar and the Uganda shilling (UGX) is set by the interbank foreign exchange market and published daily by the Bank of Uganda. The rate shown above is the mid-market rate — the midpoint between the buy and sell prices used by currency traders globally. This is the most accurate publicly available rate for reference purposes.
When you deposit into Exness via MTN Mobile Money, the conversion from UGX to USD happens at the rate your mobile money provider applies at that moment. This rate is typically 1–2% away from the mid-market rate, which means the amounts in the converter above are a close but not exact guide to what you'll receive in your Exness account.
Common Exness Deposit Amounts in Uganda Shillings
The most common question from Ugandan traders is: "How much is $10 in shillings?" Here are the key reference amounts for Exness traders:
- $10 (Exness minimum deposit): approximately UGX 37,000
- $50: approximately UGX 185,000
- $100: approximately UGX 370,000
- $200 (Pro/Zero account minimum): approximately UGX 740,000
- $500: approximately UGX 1,850,000
These figures update when the converter above fetches the latest rate. The exact UGX amount you send via MTN will depend on the rate at the moment of the transaction.
USD to UGX — Understanding the Rate
The Uganda shilling has historically depreciated against the US dollar over time. In 2015, the rate was approximately UGX 3,300 per dollar. It has moved to the UGX 3,600–3,900 range more recently. This long-term trend is one reason why holding savings in USDT (a dollar-pegged stablecoin) on platforms like Binance Earn appeals to Ugandan savers — the dollar value is preserved while the shilling equivalent grows over time as the rate changes.
For active forex traders on Exness, profits are made and held in USD. When you withdraw to MTN Mobile Money, Exness converts at the prevailing rate, which means a $100 profit might deliver between UGX 360,000 and UGX 385,000 depending on the day.
Trade Forex in USD, Withdraw to MTN in UGX
Exness converts your profits to shillings instantly. Deposit from $10 via MTN Mobile Money.
Open Exness Account →The live USD to UGX rate is shown at the top of this page and updated daily from the international forex market. The Bank of Uganda publishes the official interbank rate at bou.or.ug — this is the rate used for large institutional transactions. The rate you receive at a bureau de change or via MTN Mobile Money will be slightly different, as providers add a small margin.
The current USD to UGX rate is shown in the converter above and updates daily. At recent rates, $1 is approximately UGX 3,600–3,750. Type any amount into the converter to see the exact shilling equivalent at today's rate.
The Exness Standard account minimum deposit is $10, which is approximately UGX 37,000 at current rates. You can deposit via MTN Mobile Money directly from your Exness Personal Area. The converter above shows the exact shilling amount for any deposit size you're considering.
The rate shown here is the mid-market rate — the theoretical midpoint between buy and sell prices in the international forex market. Bureaux de change, banks, and mobile money providers all add a margin on top of this rate, typically 1–3%. This is how they make money on currency exchange. The mid-market rate is the fairest reference for comparison purposes, but you'll always pay a small premium when actually converting money.