Uganda - Money
Currency & Money
The local currency is the Uganda Shilling (UGX). Notes are in denominations of UGX50,000, 20,000, 10,000, 5,000, 2,000 and 1,000. Coins are in denominations of UGX500, 200, 100, 50 and 10 (rarely used). However, UGX1,000 notes are soon to be replaced by coins. Try not to accept very old or damaged notes where possible and any series of UGX from 1987, as most places will refuse to take them.
The US dollar, euro and pound sterling are all recognised currencies in Uganda, and both euros and dollars are now widely accepted for cash payments. Other international currencies may also be accepted in some places in the major cities, although visitors may struggle with other currencies in smaller towns.
American Express, Discover Cards and MasterCard are rarely accepted, except in a few spots. Visa cards are readily accepted. Some large hotels, restaurants, travel agencies and shops in urban areas accept credit cards.
Traveller's cheques are not widely accepted outside Kampala. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Pounds Sterling. It is advised that travellers bring sufficient US dollars in cash in case of emergencies. Higher denomination bills usually give a better exchange rate than smaller notes. If you have to use a traveller’s cheque it is best to use American Express ones only.
Generally Mon-Fri 0830-1400, Sat 0900-1200. Forex bureaux are open until 1700 and able to do electronic transfers to and from overseas.
The import and export of local currency is prohibited. Import of foreign currency is unlimited if declared upon arrival. Export of foreign currency must not exceed the amount declared upon arrival.
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