Over the past six months the DFID Uganda office has made four transactions above the value of £25,000 where money, received in Uganda in US dollars from the Department’s headquarters in the UK, was converted to Uganda shillings in-country.
US dollars ($) transformed to shillings Equivalent in £ Exchange rate ($ to shs.) Commission1 August 200,000 98,080.01 1,650 0 September 200,000 99,642.31 1,755 0 October 200,000 97,148 1,727 0 November 300,000 143,929.2 1,675 0 1 DFID Uganda has negotiated with its bankers not to charge commission on any of its transactions as we do not receive interest from the money in its accounts.