1 UGX to THB - Convert Ugandan Shilling to Thai Baht

Looking at the 30-day window, the UGX/THB pair traded in a range of 0.008400 to 0.008900. The monthly average was 0.008617 with 1.77% volatility. The relatively low volatility indicates stable trading conditions for the UGX/THB currency pair.

The current mid-market exchange rate is 1 UGX = 0.009073 THB, updated as of July 3, 2026, 7:46 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Ugandan Shilling to Thai Baht Exchange Rate

The UGX/THB exchange rate tells you how many Thai Baht (THB) you receive for every Ugandan Shilling (UGX). At the current mid-market rate of 1 UGX = 0.009073 THB, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Understanding the UGX/THB Conversion

Converting Ugandan Shilling to Thai Baht involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

What Affects the UGX to THB Rate

Exchange rates between Ugandan Shilling and Thai Baht are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the UGX/THB rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best UGX to THB Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Ugandan Shilling Overview

The Ugandan Shilling (UGX) is the official currency of Uganda. Coffee exports and remittances from the diaspora are important foreign exchange sources. Understanding the fundamentals behind UGX helps contextualize its exchange rate movements against THB and other currencies.