Is it safe to use money changer in Uganda?

Using authorized money changers in Uganda is generally safe if you choose reputable, licensed exchange bureaus located in well-known areas, such as Kampala or Entebbe. These exchange bureaus often offer competitive rates and are commonly found near banks, malls, and tourist hubs. However, avoid street vendors offering currency exchange, as this increases the risk of fraud or counterfeit bills. To ensure a secure transaction, always count your cash carefully before leaving the counter and verify the exchange rate ahead of time. Keep an eye on your surroundings, especially in crowded areas and avoid exchanging large sums of money in public spaces. Many travelers also use ATMs, as they typically offer better rates with less handling. Stick to ATMs located inside banks or secure areas and be aware of transaction fees that may apply for foreign cards. As a general rule, use only official and licensed money changers or banks to guarantee your money's safety.

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