Uganda Money Information and Tips for Tourists and Travelers
FAQ’s-The Frequently Asked Questions about Money Visitors and Tourists Ask.
Helpful Uganda Money Information – Tips – Advice for Travelers and Tourist: Comprehensive Money Tips for Your Upcoming Trip to Uganda!
If you’re planning a trip to Uganda, understanding the intricacies of the country’s currency and financial practices is essential for a rewarding travel experience. This comprehensive guide aims to equip you with detailed information, valuable insights, and practical tips to effectively navigate the financial landscape during your journey.
In Uganda, the economy is predominantly cash-based, so readily available cash is crucial. The official currency is the Uganda Shilling (UGX). Still, the US Dollar (USD) is widely accepted, particularly in tourist areas and for transactions in larger establishments. Carrying both currencies is advisable, as many local vendors may only accept cash.
To maximize your experience and avoid common pitfalls, here on this page are some essential tips regarding money management in Uganda:
– **Currency Exchange:** Always exchange money at authorized locations such as banks, licensed exchange bureaus, or within
reputable hotels. Avoid street vendors or unauthorized exchanges, which may offer unfavorable rates or counterfeit currency.
– **Using ATMs:** ATMs are available in major cities and some rural areas, allowing you to withdraw local currency directly. However, ensure that you notify your bank before your trip to avoid any issues with international transactions.
– **Bargaining:** In local markets, bargaining is a common practice and can be an enjoyable part of your experience. Start your negotiation at about half the initial asking price and engage with sellers respectfully to reach a mutually agreeable price.
– **Safety Precautions:** Keep your money secure using a money belt or a secure travel pouch. Avoid displaying large amounts of cash in public. Be cautious when withdrawing money from ATMs, especially in less crowded areas.
Lastly, it is highly recommended to consult with your local embassy or consulate before your trip to obtain the most current financial information, safety advisories, and travel guidelines.
With the proper knowledge and preparation, you’ll be well-equipped to manage your finances while enjoying Uganda’s rich culture and natural beauty. Below, you’ll find answers to some frequently asked questions that can further assist you in money management during your travels.
Helpful Uganda Money Information – Tips – Advice for Visitors & Safari-Goers
What is the Currency of Choice for Visitors to Uganda?
The Ugandan Shilling is Uganda’s official currency. However, like many African nations, the US Dollar is commonly used for trade, commerce, and tourism in Uganda. As a tourist, you will need US Dollars and some local Ugandan Shillings.
Many prices, especially those aimed at tourists, will be quoted in US Dollars, Euros, or British Pounds, which can be exchanged for Ugandan currency.
It is essential to obtain US Dollar bills that are newer than 2008 and free from tears or blemishes. This will help you secure a better exchange rate and ensure that the bills are accepted. Avoid using bills printed before 2008, as older bills have been associated with past forgeries, including some by an American in Uganda.
For the best exchange rate, using $50 or $100 bills is advisable. Using smaller or older bills may result in fewer Ugandan Shillings in return.
Do not use US dollars when dining in restaurants or bars. The same applies to purchasing souvenirs, as you will likely lose money due to unfavorable exchange rates.
Tipping should be in Ugandan Shillings rather than US Dollars, as the recipient can immediately use the local currency. Tipping plays an essential role in supporting Ugandans’ livelihoods.
What Currency do I use in Uganda? The Official and Unofficial CurrencyThe Ugandan Shilling is the Official Currency, and the US Dollar is the Unofficial Currency.
Are there Forex Bureaus for the exchange of Money?
The Grand Imperial Hotel is an excellent option for the best exchange rates in town. If you visit Kampala Casino late at night, they may offer you a reasonable rate, assuming you are gambling.
To find today’s exchange rate, check the daily newspapers. It’s best to avoid the Forex Bureau in Kabalagala, as they consistently provide some of the lowest rates based on personal experience. They can also be tricky when accepting bills with even the slightest imperfections, so it’s wise to compare rates elsewhere.
You can also find the latest exchange rate by searching “USD to UGX” on Google. Remember that the amount you get will likely be less than the rates displayed online.
Avoid exchanging money at your hotel’s front desk, as they typically offer the worst rates. Be cautious of money changers who may approach you; they can be deceptive, like a magician performing card tricks — except they’re working with your money.
If you’re out on foot, it’s best to refrain from using a Forex Bureau at night. If you’re on a safari with us, your Driver’s Guide will accompany you when it’s time to exchange money.
How much Money should I bring on my Safari?
We recommend that you carry only a small amount of cash while traveling, ideally no more than $500. This amount should be sufficient to cover essential expenses, such as Visa fees. If you find that you need additional funds, you can conveniently withdraw local currency, Ugandan Shillings, from ATMs that are readily available in various cities and towns throughout the region.
It’s important to be mindful of how much cash you carry, as large sums can attract unnecessary attention, which is something you want to avoid during your travels. To facilitate transactions, your driver will have a mobile money service available on his phone, enabling you to send money to that number from anywhere in the world if needed.
For your safari, please note that all meals, accommodations, and planned activities are included in your package. This means you won’t need a significant amount of cash for these expenses. However, you should budget for some additional costs, primarily for drinks, souvenirs, and tips for guides and service staff. By being strategic about your cash needs, you can enjoy your experience without the burden of carrying excessive cash.
It is safer not to carry a lot of Cash on you. You can use an ATM, but there are local and HOme Bank charges. Read more about how much money to bring on a Safari.
Can I use the Banks in Uganda?
Exchanging money in Uganda can be done through various methods, with banks being a reliable option. While bank exchanges may take longer, they generally offer reasonable rates.
Using credit cards to withdraw cash from bank ATMs is convenient, but be aware of potential fees and occasional delays. Banks will cash traveler’s cheques, but you’ll need proof of purchase and a passport to verify ownership, often resulting in a less favorable exchange rate.
For optimal service, consider using international banks, as many visitors rely on ATMs instead of visiting bank branches. If you go to a bank, be prepared for long lines and slow service, particularly at main branches; smaller branches may be more efficient.
Visiting a bank can also provide a glimpse into local culture. However, you might find the service bureaucratic compared to Western standards. Some international banks are improving customer experiences, making them a better choice for travelers.
Do they have ATMs in Uganda that a visitor can use?
If you have a Visa debit card, getting the best conversion rate from your currency to Ugandan Shillings is straightforward. Your home bank determines the withdrawal limit, but you can typically use your card multiple times a day to withdraw more money as long as you remain within your bank’s limit. (Master Cards are accepted at some ATMs,)
While many ATMs accept Visa, you may encounter difficulties at banks that do not support Visa cards. MasterCard is generally not the preferred debit or credit card option in Uganda.
For safety and security, always choose an ATM that offers privacy when entering your PIN. Be cautious of individuals who provide assistance—these so-called good Samaritans are often local con artists. They may memorize your PIN and switch your card with another one. At the same time, you may be distracted and then use your card immediately at another ATM or for purchases online or locally.
Can I use my Credit Card in Uganda?
The UK government advises against using credit cards in Uganda due to the risk of card information theft. Incidents of employees stealing credit card information have occurred, even in high-end hotels, and this issue is not limited to Uganda but affects other countries in Africa as well. If you must use a credit card, Visa is the preferred choice, followed by MasterCard.
Companies like Kabiza Wilderness Safaris utilize the PesaPal system, which makes credit card transactions more convenient. PesaPal incurs lower charges than traditional bank merchant services available in Uganda. You can use Visa, MasterCard, and American Express with this system.
You may be surprised to learn that if a hotel rate is 100 USD per night, a minimum service charge of 5% will typically be added to your bill, increasing it to 105 USD. This practice is common in Uganda, and even if there are no indications of a service charge, it is often included in the final price.
To protect your credit cards, keep them safe, secure, and out of sight, except when you are using them. If a staff member needs to handle your card, stay with them and observe the process to ensure your information remains secure. Read more here.
Can I use Travellers Cheques in Uganda?
When traveling in Uganda, using only American Express traveler’s cheques is best. Other types of traveler’s cheques can make it much more challenging to obtain cash, and you may end up with no money at all.
Be aware that there is a fee for exchanging these cheques for cash. Additionally, although American Express recommends not sharing certain information, you must provide proof of purchase and a passport to verify your ownership of the cheques you want to cash. Furthermore, expect to receive a lower exchange rate compared to using cash.
Using traveler’s cheques in Uganda can be a hassle and often requires significant time and some frustrating moments. The best advice is to avoid bringing traveler’s cheques together and to use an ATM card instead.
Overall, traveler’s cheques are not the most effective way to access money in Uganda, and cashing them can be time-consuming and burdensome.
How do I secure my Money while visiting Uganda?
To keep your cash safe while traveling, consider discreetly storing it in a money belt around your waist. Use the hotel safe to store important items such as your airline ticket and passport. Make copies of your passport, airline tickets, and any other important documents. Place all these copies in a sealed envelope and store them in the hotel safe.
If you don’t have a money belt, keep your cash in a front pocket instead of a back pocket, as others can easily access the latter while walking around downtown Kampala.
It’s also important not to flaunt your money in public areas like restaurants or markets, as this can attract unwanted attention. Avoid using large amounts of cash in these places, as it can make you a potential target for theft.
Furthermore, refrain from using an ATM in a bar where others may observe you. Withdrawing money in such situations can make you vulnerable to cons, thieves, and other dangers. Always prioritize your safety and discretion when handling cash.
Is it safe to use Money Changers? 
Avoid money changers at border crossings. You may be deceived by con artists who can make you believe you are receiving a certain amount, but you will get much less. Even if you try to count the money, their hands are quicker than your eyes, and it’s almost guaranteed that you will be cheated. Be cautious, as fake Ugandan currency is sometimes used as well.
It is best to exchange currency at a Forex Bureau or a bank instead of using a money changer. Money changers are primarily found at entry points into Uganda. They are rarely seen in Kigali for those going on safaris in Uganda. Be aware that money changers are more common at these borders.
Remember that unlicensed money changing is illegal, and tourists and money changers could face arrest. No matter how appealing the exchange rate might seem, it’s best to decline the offer. This is particularly important at border crossings, such as those between Rwanda and Uganda, for travelers flying into Rwanda and trekking gorillas in Uganda.
How do I buy local items in Uganda?
Avoid using money changers at border crossings. You could easily fall victim to con artists who may deceive you into believing you are receiving a certain amount. Still, in reality, you will end up with much less. Even if you attempt to count the money, their hands are often quicker than your eyes, making it highly likely that you will be cheated. Be cautious, as counterfeit Ugandan currency may also be in circulation.
It is safer to exchange currency at a Forex Bureau or a bank rather than using a money changer. While money changers are commonly found at entry points into Uganda, they are rarely seen in Kigali, especially for those going on safaris in Uganda. Keep in mind that money changers are more prevalent at these borders.
Remember that unlicensed money changing is illegal, and tourists and money changers could face arrest. No matter how appealing the exchange rate might seem, it’s best to decline the offer. This is particularly important at border crossings, such as those between Rwanda and Uganda, for travelers flying into Rwanda and trekking gorillas in Uganda.
Are Money Transfers to Uganda Safe?
Using Western Union or MoneyGram to transfer money is best, as you will receive it quickly. Bank-to-bank transfers usually take longer and can be more challenging to access. Money sent through services like Western Union will be paid out in Ugandan Shillings. If you need US dollars, you can purchase them at a Forex Bureau.
You can send money via Western Union to someone using an MTN phone in Uganda, where they can collect the payment from a local agent.
Another effective option for sending money to someone in Uganda is WorldRemit. Additionally, PesaPal offers a competitive pricing structure. Money transferred through these services typically arrives within two hours to the recipient’s MTN Mobile Money account, and the fees are pretty low.
Most Ugandans have a Mobile Money account, which allows them to receive funds directly on their phones. Western Union and WorldRemit are compatible with MTN Mobile Money, a convenient phone-based program.
What is the US Dollar Exchange Rate in Uganda?
The current exchange rate in Uganda for the US Dollar offers excellent bargains for tourists, from approximately 3,600 UGX to 1 USD. This presents an opportunity for visitors to save money if they follow specific guidelines:
Stay in Hotels that Charge in Shillings: This can help avoid unfavorable exchange rates.
Avoid Exchanging US Dollars at Hotels: Hotels typically offer low exchange rates, so exchanging elsewhere is better.
Choose Wisely Where to Exchange Your Money: Use a bank or a Forex Bureau for currency exchanges to maximize your savings. Even ATM withdrawals can save you money.
Tip in Ugandan Shillings: When giving gratuity, always use Shillings, as the recipient can use the money immediately.
Overall, the exchange rate remains above 3,500 Shillings for every US Dollar, and the Ugandan Shilling has shown stability in recent years, maintaining its value.
Do I Save Money on a “Do-It-Yourself-Safari?
Making daily arrangements is relatively straightforward when planning travel in North America, Europe, Australia, and New Zealand. However, some African travelers believe they can do the same and create a safari experience on their own.
Often, these travelers expect a holiday reminiscent of a National Lampoon movie, filled with one disaster after another. They face challenges such as obtaining gorilla permits, booking lodges near activities, and navigating difficult road conditions and local driving habits.
For the inexperienced, many unknown factors exist. As a result, they may find themselves taken advantage of, paying too much, or not receiving what they expected for their money.
In contrast, Ugandan tour operators’ profit margin on a safari is minimal compared to the potential losses when attempting a do-it-yourself safari. Read more here.
How do I pay for my Safari?
Payment for your safari can be made via credit card or wire transfer. Typically, there are two payments involved. The first is the Safari Down Payment, which covers the lodge and permit costs. The final payment is due 30 days before the start date of your safari.
Our merchant service provider charges a fee of 3.5%, lower than the typical credit card service charges in East Africa. Generally, the most cost-effective option is a bank-to-bank transfer. We use ABSA (formerly Barclays Africa) since it’s an international bank that facilitates smoother money transfers.
Please note that the Bank of Uganda monitors large money transfers for anti-money laundering purposes, which may take one day. Standard transfers generally take about five business days, and we have never experienced a payment failure. Read more here.
Tipping and Gratuities in Uganda:
Uganda, like many African countries, has a non-tipping culture. Tipping originated in the USA after the emancipation of enslaved people and has become a societal norm there. However, this practice is not common in Uganda. In the tourism sector, tipping is expected, especially for services like gorilla tracking. Still, we do not believe these tips are obligatory.
While many safari tour operators provide their clients with a tipping table, we choose not to do so. Tipping should be an acknowledgment of excellent service rather than an obligation. We recognize that tips can significantly impact the lives of Ugandans, and we encourage this practice. Additionally, as a traveler on safari, you represent your country, and your generosity can positively enhance its image.
Consider the input from your driver-guide and reward excellent service as you see fit. Read more here.
Does my Money stretch further in Uganda?
Going on a safari is an investment in yourself, and gorilla trekking is one of Africa’s most expensive tourism activities. Let us show you how to stretch your dollar further in Uganda.
Uganda is the most biodiverse country in Africa, offering something for everyone. Gorilla trekking is the top attraction in Uganda, and the number of visitors wanting to track gorillas has dramatically increased since Rwanda raised its gorilla permit price to $1,500.
In Uganda, the permit price is 750 USD, representing a 900 USD saving for you—just the beginning of your adventure. We are one of the leading gorilla habituation safari tour operators and know all the ins and outs of gorilla trekking. Let us know if this is on your bucket list, and we will help make it a reality.
Your Money stretches further in Uganda.
Uganda Money Information – Tips – Advice for Travelers – be wise – use common sense
Helpful Uganda Money Information – Tips – Advice for Travelers and Tourists: Hopefully, the above information was helpful for you. If you have any questions: feel free to contact us.
