Uganda Foreign Exchange Reserves
Uganda · Monthly series · EC-UG-FER
Latest, September 2026
8.71B USD
+33.6% from August 2026
Forecast
Forecast for September 2027: 8.46B USD, with an 80% interval of 4.06B USD to 14.99B USD.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| October 2026 | 8.57B USD | 7.61B USD | 9.74B USD |
| November 2026 | 8.51B USD | 7.59B USD | 9.66B USD |
| December 2026 | 8.51B USD | 7.65B USD | 9.67B USD |
| January 2027 | 8.52B USD | 7.44B USD | 10.02B USD |
| February 2027 | 8.52B USD | 7.19B USD | 10.35B USD |
| March 2027 | 8.51B USD | 6.37B USD | 11.61B USD |
| April 2027 | 8.53B USD | 6.18B USD | 11.86B USD |
| May 2027 | 8.49B USD | 6.20B USD | 11.78B USD |
| June 2027 | 8.50B USD | 5.31B USD | 13.01B USD |
| July 2027 | 8.49B USD | 5.26B USD | 13.28B USD |
| August 2027 | 8.47B USD | 4.82B USD | 13.97B USD |
| September 2027 | 8.46B USD | 4.06B USD | 14.99B USD |
AI confidence
Supported evidenceThe point forecast beat the no-change baseline overall and in a majority of the evaluated tests.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- +12%Beats the no-change baseline over 12 tests (12 tests, 9 won)
- Direction
- 67%No clear edge over a coin flip (96 of 144 calls right in 12 tests)
- Turning points
- 21 of 61Anticipated some turns (61 turns in 12 tests, 0 without a turn)
- Error vs baseline
- 12% lowerError ratio 0.88; 1.00 is a tie.
- Tests won
- 9 / 12Complete rolling backtests; ties count as no win.
- Test period
- 2014-10-01 to 2026-09-0112 observations ahead per test.
- 80% band coverage
- 79%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-15 against the cached history through 2026-09-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
That is the highest of the 120 readings since October 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| September 2026 | 8.71B USD |
| August 2026 | 6.52B USD |
| July 2026 | 6.62B USD |
| June 2026 | 6.69B USD |
| May 2026 | 6.12B USD |
| April 2026 | 6.14B USD |
| March 2026 | 6.01B USD |
| February 2026 | 5.64B USD |
| January 2026 | 5.62B USD |
| December 2025 | 5.99B USD |
| November 2025 | 6.01B USD |
| October 2025 | 5.75B USD |
| September 2025 | 4.98B USD |
| August 2025 | 4.71B USD |
| July 2025 | 4.58B USD |
| June 2025 | 4.30B USD |
| May 2025 | 4.07B USD |
| April 2025 | 3.79B USD |
| March 2025 | 3.59B USD |
| February 2025 | 3.45B USD |
| January 2025 | 3.38B USD |
| December 2024 | 3.30B USD |
| November 2024 | 3.40B USD |
| October 2024 | 3.38B USD |
Source
Data: public market data feeds.
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Also stored for Uganda
- Uganda Balance Of Trade
- Uganda Business Confidence Index
- Uganda CPI Housing Utilities
- Uganda CPI Transportation
- Uganda Capital Flows
- Uganda Changes In Inventories
- Uganda Consumer Credit
- Uganda Consumer Price Index
- Uganda Consumer Spending
- Uganda Core Consumer Prices
- Uganda Core Inflation Rate YoY
- Uganda Corporate Tax Rate