Convert Ugandan Shilling to Qatari Riyal
Convert Ugandan Shilling (UGX) to Qatari Riyal (QAR) using daily updated exchange rates.
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Exchange Rate
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About Ugandan Shilling
The Ugandan Shilling (UGX) has been the official currency of Uganda since 1987 - a reissued version replacing the old shilling following monetary reform. The Bank of Uganda manages monetary policy with a floating exchange rate and inflation-targeting framework. Uganda is an East African nation with a growing economy based on coffee (one of the world's top producers of the robusta variety), fisheries, tourism (mountain gorillas in Bwindi Impenetrable Forest), minerals, and oil reserves discovered in the Albertine Rift.
About Qatari Riyal
The Qatari Riyal (QAR) is the official currency of Qatar, one of the world's wealthiest countries by per capita income. The riyal has been pegged to the US Dollar at 3.64 QAR per USD since 2001, a peg maintained with ease due to Qatar's enormous oil and liquefied natural gas (LNG) revenues. Qatar holds the world's third largest proven natural gas reserves and is the world's largest exporter of LNG. The Qatar Central Bank manages the peg. The country hosted the FIFA World Cup in 2022, showcasing massive infrastructure development.
Quick Reference Table
| Ugandan Shilling (UGX) | Qatari Riyal (QAR) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).