Convert Ugandan Shilling to Russian Ruble
Convert Ugandan Shilling (UGX) to Russian Ruble (RUB) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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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 Russian Ruble
The Russian Ruble (RUB) is one of the world's oldest currencies, with roots dating to the 13th century as a silver ingot used in medieval Kievan Rus. The Bank of Russia manages monetary policy with a floating exchange rate, adopted in 2014. Following Russia's invasion of Ukraine in February 2022, the ruble experienced a sharp depreciation due to unprecedented international sanctions but subsequently recovered due to capital controls, mandatory export revenue conversion, and high energy prices.
Quick Reference Table
| Ugandan Shilling (UGX) | Russian Ruble (RUB) |
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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).