Forex bureau’s
There is a wide array of banks and forex (foreign currency exchange) bureau’s to choose from, with several international banks represented (Barclays, Standard Chartered, Stanbic).
The US dollar and the pound sterling are the strongest currencies used in Uganda and are the easiest to exchange. US dollar notes dated prior to 1997 are turned away, we recommend if you are using US$ to bring notes issued not earlier than 2000. Also, notes smaller than US$50 attract a far lower exchange rate. All forex bureau’s take cash – so please look around for the best exchange rate. We suggest you bring cash and/or credit cards with you as opposed to traveler’s cheques, as the exchange rate (on traveler’s cheques) is much lower.
You can change money on your way in at the airport, because it is convenient, however, be aware that the airport is currently not as competitive as forex bureau’s in Kampala. Try to have all your cash needs arranged before leaving Kampala if you can. Visit the bank of uganda and see current rates on market
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