Today's USD to UGX Price Update

DeFi_Dad_Jokes · 2026-02-03T07:00:39+00:00

This report analyzes the USD/UGX exchange rate, providing real-time data and market insights. It highlights recent price movements, technical levels, and trading opportunities, urging close monitoring of economic factors.

DeFi_Dad_Jokes

2026-02-03 07:00:39

Abstract generation in progress

Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and the Ugandan Shilling (UGX), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Ugandan Shilling (UGX) is the official currency of Uganda. The exchange rate between them reflects market sentiment regarding currency strength and macroeconomic conditions affecting the East African region.

Today’s Price

1 USD = 3,561.28 UGX (as of February 3, 2026)
24h High: 3,582.63 UGX
24h Low: 3,569.35 UGX

Market Analysis

Recent USD/UGX price movement has been influenced by interest rate announcements in Uganda, showing relatively balanced trading conditions with low volatility of 0.71%.

Technical levels: Key support identified at 3,662.80 UGX, with potential upside targeting 3,700.00 UGX
Technical indicators: RSI at 45.12 suggests balanced trading conditions
Trading range: Current horizontal trend indicates USD/UGX likely to trade between 3,502.10 and 3,719.56 UGX
Risk note: Volatility remains contained; monitor for potential breakouts beyond established support and resistance levels

Conclusion

Continue to monitor the USD/UGX pair closely, integrating technical analysis with macroeconomic developments affecting Uganda’s currency. Watch for breakout opportunities above key resistance levels or support confirmations for potential trading entries.

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