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SCMPInside Taylor Swift and Travis Kelce’s big bash: a garden in the Garden·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·BBCDiesel sees biggest monthly fall in 26 years. What's happening to fuel prices?·NYTFed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago·CNBCInflation peaked in May as energy prices fell in June, Kalshi traders think·SCMPInside Taylor Swift and Travis Kelce’s big bash: a garden in the Garden·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·BBCDiesel sees biggest monthly fall in 26 years. What's happening to fuel prices?·NYTFed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago·CNBCInflation peaked in May as energy prices fell in June, Kalshi traders think·
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UGX

Ugandan Shilling

UGX · Uganda

37
Moderate
Risk
Historical Scores
344045Jul 2021Jul 2025Jul 2026
What does this mean for you?

The Ugandan Shilling is in decent shape overall, scoring 37 out of 100. There are some areas to watch, but no immediate danger. Your money is holding its value reasonably well compared to most currencies.

You only need about 5.1%/yr to stay ahead. A basic savings account is enough. Calculator ↓

Inflation
3.6%
Debt / GDP
54.4%
GDP Growth
6.3%
FX Volatility
14.0
Governance
Not available
Reserves
2.4 mo
Analysis
What's working well
Prices are stable — your money holds its value well
Economy is growing healthily
What to watch out for
No major concerns
Full Uganda analysis →

Savings Impact Calculator

UGX
Holding cash in UGX3.6% inflation
UGX 839−UGX 161 (16% purchasing power lost)
Your UGX 1,000 buys 16% less in 5 years
What if you invested UGX 1,000 instead? (5yr, in UGX terms)
USD-denominated assets gain an additional ~0.6%/yr from expected UGX depreciation vs USD
Hold USD Cash
UGX 885
−UGX 115
-2.4%/yr net in UGX
S&P 500
UGX 1653
+UGX 653
range: UGX 757–UGX 3250
10% USD return + 0.6% FX · ±16% vol
Gold
UGX 1509
+UGX 509
range: UGX 433–UGX 4096
8% USD return + 0.6% FX · ±24% vol
Bitcoin
UGX 3123
+UGX 2123
range: UGX 188–UGX 18.7k
25% USD return + 0.6% FX · ±54% vol

All values in UGX. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~0.6%/yr based on the inflation differential between Uganda (3.6%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how UGX ranks differently.
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