UGX black market rate on Jul 8, 2026: 3,580 per USD
On Wednesday, July 8, 2026, the US dollar traded at about 3,580 UGX on Uganda's parallel (black) market at the close of observations. The day opened at 3,580 UGX, reached a high of 3,632 and a low of 3,580, a trading range of 51.66 UGX (1.44%).
Across 288 observations, the average price to buy dollars was 3,613 UGX and the average price received when selling dollars was 3,687 UGX. Over the session the Ugandan Shilling was broadly flat against the dollar (0.00% from open to close).
Official rate vs black market rate on Jul 8, 2026
The official exchange rate published for Uganda on this date was 3,634 UGX per USD. The parallel-market close of 3,580 UGX therefore implied a premium of -1.50% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Jul 8, 2026 compares
Compared with the previous observed day (Jul 7, 2026, close 3,580 UGX), the rate moved 0.00%.
One week earlier (Jul 1, 2026) the close was 3,588 UGX, so the weekly change was -0.22%.
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 Jul 8, 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 Jul 8, 2026?
- The USD to UGX parallel market rate closed at approximately 3,580 UGX per US dollar on Wednesday, July 8, 2026, after trading between 3,580 and 3,632 UGX.
- How much did the UGX move against the dollar that day?
- From an open of 3,580 to a close of 3,580 UGX, the parallel rate moved 0.00% on Jul 8, 2026.
- What was the gap between the official and black market UGX rate on that date?
- The official rate was 3,634 UGX per USD versus a parallel close of 3,580 UGX, a premium of -1.50%.
- Was the UGX black market rate higher or lower than the day before?
- Higher: the previous observed close was 3,580 UGX on Jul 7, 2026, a change of 0.00%.
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.