ForexBeginner

Ugandan Shilling

a.k.a. UGX

Uganda's currency, a floating but thinly traded East African exotic.
In plain English

Uganda's currency, a floating but thinly traded East African exotic.

The Ugandan shilling (UGX) is Uganda's money. It floats freely, and coffee and gold exports, along with aid and investment flows, drive demand for it. Amounts are quoted in thousands because one shilling is worth very little. It is rarely available on retail platforms.

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