The Rising Dollar Rate in Uganda: What a Weaker Shilling Means for Businesses and Salaries
Kevin Nowe
• Kampala, Uganda
• On-site
• Full-time
Source: Gigs In Uganda - Find Your Next Great Gig, Fast
• Posted: 10/8/2026
Job Description
In early October 2026, the Uganda shilling slipped past the Shs4,000-per-dollar mark, trading at around Shs4,017–Shs4,027 at commercial banks. In March it was about Shs3,604, so the shilling has lost roughly 11–12 percent of its value against the US dollar in seven months. For ordinary Ugandans, the real question is not whether the dollar has […]
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