1 UGX to ZMW - Convert Ugandan Shilling to Zambian Kwacha

Looking at the 30-day window, the UGX/ZMW pair traded in a range of 0.004900 to 0.005200. The monthly average was 0.005037 with 1.63% volatility. The relatively low volatility indicates stable trading conditions for the UGX/ZMW currency pair.

The current mid-market exchange rate is 1 UGX = 0.004972 ZMW, updated as of July 3, 2026, 6:32 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 Zambian Kwacha Exchange Rate

The UGX/ZMW exchange rate tells you how many Zambian Kwacha (ZMW) you receive for every Ugandan Shilling (UGX). At the current mid-market rate of 1 UGX = 0.004972 ZMW, 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.

What Affects the UGX to ZMW Rate

Exchange rates between Ugandan Shilling and Zambian Kwacha 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/ZMW rate fluctuates throughout trading sessions and over longer time periods.

Historical UGX/ZMW Trends

The UGX/ZMW exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Zambian Kwacha Overview

The Zambian Kwacha (ZMW) is the official currency of Zambia. Copper mining is the dominant industry and primary driver of the kwacha's value. The ZMW exchange rate against UGX reflects relative economic conditions between the two currency areas.

Reverse Rate: ZMW to UGX

The reverse exchange rate is 1 ZMW = 201.13 UGX. This is useful if you are starting with Zambian Kwacha and want to know how much Ugandan Shilling you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated ZMW to UGX converter for the reverse direction.