🇺🇬 UGX to 🇳🇬 NGN — Ugandan Shilling to Nigerian Naira Rate Today
Indicative interbank rate. Last refreshed 23 May 2026 19:00:08 UTC — may be out of date, verify with your bank.
Convert Ugandan Shilling to Nigerian Naira using the live indicative interbank rate and the converter below. Covers the cost of sending to Nigeria via the major mobile money apps.
Currency converter
UGX → NGN conversion table
| UGX | NGN |
|---|---|
| 500 | 181.16 |
| 1,000 | 362.32 |
| 2,000 | 724.64 |
| 5,000 | 1,811.59 |
| 10,000 | 3,623.19 |
| 25,000 | 9,057.97 |
| 50,000 | 18,115.94 |
| 100,000 | 36,231.88 |
| 250,000 | 90,579.71 |
| 500,000 | 181,159.42 |
| 1,000,000 | 362,318.84 |
Table computed at the indicative rate of 1 UGX = 0.3623 NGN. Real operator-side values include a 1%-4% spread.
Ugandan Shilling to Nigerian Naira exchange rate history
Official vs Parallel Market Rate
Tracks live P2P (via Bybit)Parallel signal: Binance P2P USDT median, updated 25 Jun 2026, 01:00 (less than 1h ago). The quote tracks the live official rate between refreshes.
The parallel rate shown is an indicative, community-aggregated figure sourced from MomoCalc parallel-rate tracker. MomoCalc does not buy, sell, or set currency rates. Parallel rates vary by location, dealer, and time of day, and trading outside licensed channels may carry legal and security risks. Always confirm current rates with a licensed dealer before transacting. Educational only — not financial advice.
What moves the Ugandan Shilling rate
The Ugandan shilling is on a managed float by the Bank of Uganda, historically one of East Africa's more stable currencies. Coffee (the top export), remittances and commodity-price shocks are the drivers.
About the Ugandan Shilling
The Ugandan Shilling (UGX, USh) is the official currency of Uganda, issued by the Bank of Uganda. The Shilling does not have a subunit in active use; everyday transactions are quoted in whole Shillings. Uganda runs a managed-float regime and has historically had one of the more stable currencies in East Africa, even through commodity-price shocks. MTN MoMo Uganda and Airtel Money dominate the in-country mobile-money landscape, and Uganda has been a pioneer of cross-border MTN MoMo interoperability with Rwanda and Tanzania. The country applies a 0.5% government levy on mobile-money withdrawals only — reduced from 1% after public protests in 2018 — which lifts the all-in cost of cash-out but does not affect wallet-to-wallet sends. For diaspora flows from the UK, Gulf and US to MTN MoMo Uganda, formal-channel UGX rates typically sit within 1%-3% of interbank.
About the Nigerian Naira
The Nigerian Naira (NGN, ₦) is the official currency of Nigeria, issued by the Central Bank of Nigeria (CBN) since 1973 when it replaced the Nigerian pound. Subdivided into 100 kobo, the Naira is one of Africa's most-traded currencies and the principal medium of exchange for the continent's largest economy. Since the CBN's 2023 unification of the parallel and official exchange rate windows through what it calls the NAFEM mechanism, the Naira has traded under market-driven pricing rather than the previous administered peg. Nigeria receives an estimated 20 billion USD a year in formal remittances, and for inbound flows to MTN MoMo PSB, OPay, PalmPay and Moniepoint the published Naira rate is now typically within 1%-3% of the parallel market — a sharp narrowing compared to the 30%-60% gaps that prevailed before unification.
How to send Ugandan Shilling to Nigeria
For transfers from Uganda to Nigeria, the competitive options in 2026 are mobile-first remitters (Sendwave, LemFi, TapTap Send, Lemonade Finance), aggregators (Wise, WorldRemit, Remitly) and direct operator rails (MTN MoMo, Orange Money, M-Pesa Global). All-in cost depends on amount, receiving wallet and day. Compare options side by side on our Nigeria inbound transfer page.
Related pairs
FAQ
What is the UGX/NGN exchange rate today?
How much is 100 UGX in NGN?
What's the best way to send Ugandan Shilling to Nigeria?
Is the Nigerian Naira a stable currency?
Why is the rate I see on my mobile money operator different?
Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Nigeria, see the inbound transfer comparison.