Uganda's currency is called Shilling and banknotes are in denominations of 1000, 2000, 5000, 10000, 20000 and 50000 Shillings. Coins come in denominations of 50, 100, 200 and 500 Shillings whilst the 10 Shillings coin is rarely used nowadays.
Ugandan Shilling Currency Code: UGX
"Ugx" - This is the symbol you'll see alongside (some) prices / rates
Yes, the US Dollar (USD) is widely accepted by many local businesses and Accommodation Lodges in Uganda however it's also wise to carry a sufficient amount of local Shillings for those smaller businesses who prefer or deal only with their local currency.
You will notice that most Accommodation Lodges in Uganda quote their rates in the US Dollar currency (USD)
Travellers to Uganda can quite easily convert the South African Rand, US dollar, British Pound and Euro currencies into Shilling at bureaux de change and banks in main towns & cities. Some hotels are authorised to offer currency conversion services but be sure to confirm this service with the hotel prior.
Visa credit cards are accepted by most hotels, restaurants, retail outlets & tour operators, and can be used to draw money out of ATMs found in Uganda's larger towns & cities. If you are travelling to a rural or remote location in Uganda then keep in mind that some shops and fuel stations can only accept cash, and may not have any ATMS to draw money out of - therefore cash in hand is very important. Note: MasterCard, Diners or American Express credit cards aren't widely accepted by most businesses in Uganda.
There are 24 commercial banks in Uganda:
This may vary depending on the bank but operating hours are generally from:
08:30am → 2:00pm from Monday - Friday
09:00am → 12:00pm on Saturdays.
Most hotels, lodges and tour operators in Uganda quote in US dollars but also keep an eye out for related services quoting in Shilling because you might find yourself saving a lot of money paying in Uganda's local currency as opposed to the monetary exchange rate loss from UGX-USD conversions.
When travelling to Uganda via vehicle, make sure you carry a sufficient amount of cash in Uganda's local currency for border fees because not all border posts accept credit cards nor have the facilities to do an electronic transaction as such. Most border posts accept currencies from the country you're entering from however kindly contact the border authorities directly to confirm.
http://www.ugandaaccommodation.africa cannot be held liable for any change in exchange rates and information above.
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