UGX black market rate on Jun 16, 2026: 3,623 per USD
On Tuesday, June 16, 2026, the US dollar traded at about 3,623 UGX on Uganda's parallel (black) market at the close of observations. The day opened at 3,566 UGX, reached a high of 3,671 and a low of 3,566, a trading range of 105.3 UGX (2.95%).
Across 288 observations, the average price to buy dollars was 3,644 UGX and the average price received when selling dollars was 3,710 UGX. Over the session the Ugandan Shilling weakened against the dollar (+1.59% from open to close).
Official rate vs black market rate on Jun 16, 2026
The official exchange rate published for Uganda on this date was 3,702 UGX per USD. The parallel-market close of 3,623 UGX therefore implied a premium of -2.15% over the official rate — a discount to the official rate, which is unusual and often reflects thin or one-sided quotes.
How Jun 16, 2026 compares
Compared with the previous observed day (Jun 15, 2026, close 3,566 UGX), the rate moved +1.59%.
How this daily figure is produced
ETCurrency samples Uganda's USD/UGX parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jun 16, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Ugandan Shilling black market rate on Jun 16, 2026?
- The USD to UGX parallel market rate closed at approximately 3,623 UGX per US dollar on Tuesday, June 16, 2026, after trading between 3,566 and 3,671 UGX.
- How much did the UGX move against the dollar that day?
- From an open of 3,566 to a close of 3,623 UGX, the parallel rate moved +1.59% on Jun 16, 2026.
- What was the gap between the official and black market UGX rate on that date?
- The official rate was 3,702 UGX per USD versus a parallel close of 3,623 UGX, a premium of -2.15%.
- Was the UGX black market rate higher or lower than the day before?
- Higher: the previous observed close was 3,566 UGX on Jun 15, 2026, a change of +1.59%.
Figures are aggregated parallel-market observations for Uganda in UTC and are indicative only; they are not a quote to trade. See the full USD → Ugandan Shilling history or today's live rate.