Compare Korea South Won to Uganda Shilling For Sending Money to Uganda from USA

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.

More Available Options

You can check rates of some more providers that may support your country
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

About Uganda and USA

As per data from the US Department of Commerce, US exports to Uganda supports approximately 400 jobs in Uganda. Remittances from the US to Uganda exceeds over 970 Million every year. Therefore it is evident that there is dire need for money transfer between these two countries. Even more pressing is the fact that the rate of remittance keeps on growing daily due to the increasing number of people who want to send money to Uganda from the US to their families, friends and even remote employees.

Here at Exchange Rate IQ, we will provide all the information for the best way to send money from US to Uganda. Find detailed comparison between some of the most popular money transfer services between the US and Uganda.

Top picks for sending money to Uganda from US

The best money transfer companies that you can use to send money from US to Uganda with respect to the consumers preferences include:

Money Transfer Companies:

XE Money: Great exchange rates, internationally trusted, 24/7 Online access, No exchange fees, currency specialist.

World Remit: No minimum transfer limit, Competitive exchange rates, Flexible payment options including bank deposits, cash pick-up, mobile money or airtime top-up and simple to use platform. 

In-Store transfer companies:

Travelex: Availability of stores at airports and home delivery if you choose the option, can allow for multiple transfers, and provides different currency options.

Western Union: One of the most trusted service providers, a vast network of ATMs and agents, no limit on the maximum amount of transfer, low minimum transfer limit of 1USD.

Banks:

You can choose to send money through banks directly from US to Uganda.

The service providers mentioned above are highly secured. You can easily send funds worry-free as they will make sure that they convey your cash.

What you should have in mind when sending money from US to Uganda

  1. Charges: As much as most international companies claim to offer fee-free rates, they all have their ways of getting their fair share. They obtain these either by adding some fees directly from the sender’s fee, receiver’s fee or setting their conversion rates. As this is one of the major factors that differentiate international money transfer companies, it is important to look for which one offers charges and US to UGS rates that fits your budget.

  2. Accessibility: The ease of accessibility and convenience by these various methods offered matters. It is usually determined by factors such as the area of coverage as well as participation barriers i.e. what does the receiver in Uganda need to access the service.

  3. Wait times: How long does the receiver have to wait before getting the money after the sender has finished making the transaction on their end? 

FAQ's

What is the most convenient way of sending money from the US to Uganda?

Online money transfer services offer you the fastest way to send money from US to Uganda. This is because you can easily send money from your phone via the easy to use apps that these companies provide. Nevertheless, you have other options like sending money directly from your mobile device into a bank account.
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How can I make Emergency cash transfers to Uganda?

Emergency transfers mean that you need your money to get to Uganda fast and at any given time that you want. With 24/7 operation hours and fast transfer speeds that companies like XE Money have, you can send money at any time you want in any place you are at. Other than platforms which allow you to send money through prompt services like Western Union can also allow you to send money immediately. 

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How many times can I send money to Uganda from US in a day?

You can send money as many times as you want provided you get the right service provider. All you need to do is follow protocol and make sure that the channel you are using is legal without compromising its ability to meet your demands. You will also want to make sure that you are not exploited by money transfer companies who want to make an extra dollar for themselves.

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Historical Mid Market Exchange Rate From Korea South Won (KRW) to Uganda Shilling (UGX) (Weekly)

Current Exchange Rate(Mid Market) :- 3.09 UGX/KRW

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion KRW To UGX

Send Korea South Won To UGANDA Receive Uganda Shilling
1 KRW TO UGX 3.09
50 KRW TO UGX 154.5
100 KRW TO UGX 309
250 KRW TO UGX 772.5
500 KRW TO UGX 1545
1000 KRW TO UGX 3090
5000 KRW TO UGX 15450
10000 KRW TO UGX 30900
Send Uganda Shilling Receive Korea South Won From UGANDA
1 UGX FROM KRW --
50 UGX FROM KRW --
100 UGX FROM KRW --
250 UGX FROM KRW --
500 UGX FROM KRW --
1000 UGX FROM KRW --
5000 UGX FROM KRW --
10000 UGX FROM KRW --

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