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Compare today's UGX to KRW (Ugandan Shilling to South Korean Won) exchange rates

Uganda
South Korea
UGX

Interbank Exchange Rate: 1 UGX = 0.4083 KRW
Updated about an hour ago

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All you need to know about Ugandan Shilling to South Korean Won money transfers

Easily compare money transfer providers in one place to send money from Uganda to South Korea. Send money overseas to your loved ones by comparing Ugandan Shilling (UGX) to South Korean Won (KRW) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Uganda.

Were you looking to send money from South Korea to Uganda instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest UGX to KRW Conversion Rates

Here are some latest UGX to KRW (Ugandan Shilling to South Korean Won) exchange rates for popular conversion amounts*.

1 UGX0.41 KRW
5 UGX2.04 KRW
10 UGX4.08 KRW
25 UGX10.21 KRW
50 UGX20.42 KRW
100 UGX40.83 KRW
150 UGX61.25 KRW
200 UGX81.66 KRW
250 UGX102.08 KRW
300 UGX122.49 KRW
400 UGX163.32 KRW
500 UGX204.15 KRW
600 UGX244.98 KRW
700 UGX285.81 KRW
800 UGX326.64 KRW
1,000 UGX408.30 KRW
1,500 UGX612.45 KRW
2,000 UGX816.60 KRW
2,500 UGX1,020.75 KRW
3,000 UGX1,224.90 KRW
4,000 UGX1,633.20 KRW
5,000 UGX2,041.50 KRW
10,000 UGX4,083.00 KRW
15,000 UGX6,124.50 KRW
20,000 UGX8,166.00 KRW
30,000 UGX12,249.00 KRW
40,000 UGX16,332.00 KRW
50,000 UGX20,415.00 KRW
100,000 UGX40,830.00 KRW

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Uganda to South Korea?

Sending money internationally to South Korea from Uganda can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Ugandan Shilling to KRW remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to South Korea. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in South Korean Won.


How to get the best remit rate for transferring money from Uganda to South Korea?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to South Korea.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Uganda to South Korea transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your UGX to South Korean Won money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to South Korea from Uganda?

The final amount your recipient gets when you send UGX to KRW is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Uganda to South Korea used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send South Korean Won is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Ugandan Shilling to South Korea exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money from Uganda to South Korea through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low UGX to KRW exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Uganda to South Korea money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to South Korea from Uganda. They do this by letting you fund your transaction through your local bank account in Uganda, and by allowing you to choose the payout to be your recipient's bank account in South Korea. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Uganda to South Korea fast?

It could be a stressful experience if you need to rush money quickly from Uganda to South Korea. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert UGX to KRW. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in South Korean Won. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Uganda to South Korea money transfers.


Which are the best money transfer companies to send money to South Korea from Uganda?

Comparing money transfer companies for sending money to South Korea from Uganda can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to South Korea. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Ugandan Shilling to South Korean Won transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the South Korean Won yield on every Ugandan Shilling that you send.


Step by step guide to send money to South Korea from Uganda

The first step to send money to South Korea from Uganda is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your UGX to KRW overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in South Korea if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Uganda bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to South Korea!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Uganda to South Korea.