Where is the best place to exchange currency in Uganda?

The best places to exchange currency in Uganda are authorized currency exchange bureaus and banks in major cities. In Kampala, the capital, you will find several reliable forex bureaus with competitive rates, especially in areas like Kampala Road or around Acacia Mall. Hotels and airports also offer exchange services, but rates there may not be as favorable as in the city center. Most exchange bureaus in Kampala and Entebbe handle popular currencies like USD, Euro, and GBP with ease. Uganda’s official currency is the Ugandan Shilling (UGX), and it’s beneficial to carry smaller denominations for local transactions since many small businesses may not accept larger bills. When exchanging currency, ask for lower denomination notes, as they are more convenient for daily expenses like transportation and food. Additionally, verify the exchange rate before completing the transaction, as rates fluctuate. In rural areas, currency exchange options are limited, so consider exchanging enough money in the city before venturing out. For safety, avoid street vendors who may offer currency exchange as there’s a risk of receiving counterfeit bills. Stick to reputable bureaus to ensure a secure transaction.

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