BAAS
UGX
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of BaaSid(BAAS) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 BAAS at a value of 1 BAAS for 1.61 UGX . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
UGX information
About Ugandan Shilling (UGX)
The Ugandan Shilling (UGX), introduced in 1966, is the official currency of Uganda and a significant symbol of the country's economic resilience and aspirations for growth. It is commonly abbreviated as UGX and represented by the symbol USh. Replacing the East African Shilling, the Ugandan Shilling was established in the wake of Uganda’s independence, marking a new era in the nation's economic journey.
Historical Background
The introduction of the Ugandan Shilling was a pivotal step in post-independence Uganda. It symbolized the country's break from its colonial past and its commitment to forging an independent economic path. The Ugandan Shilling's establishment coincided with Uganda's broader efforts to build a self-sustaining and diversified economy.
Design and Symbolism
The design of the Ugandan Shilling reflects the country's rich cultural heritage, natural resources, and wildlife. Banknotes and coins feature images of notable Ugandan figures, local flora and fauna, and key economic activities. These designs are not just utilitarian; they narrate Uganda's history, celebrate its cultural diversity, and showcase its natural beauty, thereby instilling a sense of national identity and pride.
Economic Role
The Ugandan Shilling plays a crucial role in Uganda’s economy, which includes significant sectors like agriculture, tourism, and manufacturing. As the primary medium of exchange, it supports these sectors, enabling trade, facilitating investment, and aiding the daily financial transactions of Ugandans.
Monetary Policy and Stability
Managed by the Bank of Uganda, the Shilling has faced various economic challenges, including inflation and currency volatility. The central bank's monetary policies focus on stabilizing the Shilling, controlling inflation, and fostering a conducive environment for economic growth and stability.
International Trade and the Ugandan Shilling
In international trade, the value of the Shilling is crucial, particularly for Uganda’s exports, such as coffee, tea, and gold. A stable Shilling is essential for maintaining competitive export prices and for managing the import of essential goods.
Remittances and Economic Impact
Remittances from Ugandans working abroad, especially in the Middle East, Europe, and North America, are a significant source of foreign income. These remittances, converted into Shillings, support many families and contribute to the national economy, providing a vital buffer against economic challenges.
Bitget crypto-to-fiat exchange data shows that the most popular BaaSid currency pair is the BAAS to UGX, with for BaaSid's currency code being BAAS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
BAAS to UGX conversion rate trend
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In the past 1D, BaaSid has changed -3.47% to UGX. Based on the trend and price charts, BaaSid(BAAS) has changed -3.47% to UGX while Ugandan Shilling(UGX) has changed % to BAAS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1.61 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 08:30:57(UTC+0)
How to buy BaaSid
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Buy BaaSid (BAAS)
Use a variety of payment options to buy BaaSid on Bitget. We'll show you how.
Buy BAAS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of BAAS with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy BAAS with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell BAAS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of BAAS to UGX. However, you can first exchange BAAS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of BaaSid to Ugandan Shilling?
BaaSid to Ugandan Shilling is rising this week.BaaSid's current market price is Sh 1.61 per BAAS, with a total market cap of Sh 11,902,562,392.14 UGX based on a circulating supply of 7,400,000,000 BAAS. The trading volume of BaaSid has changed by -14.59% (Sh -6,714,571.76 UGX) in the last 24 hours. Last trading day, BAAS's trading volume was Sh 46,025,209.34.
Market cap
$3.22M
24h volume
$10.64K
Circulating supply
7.40B BAAS
Conversion tables
The exchange rate of BaaSid is increasing.1 BAAS is currently valued at Sh 1.61 UGX , which means buying 5 BAAS will cost Sh 8.04 UGX . Similarly, Sh1 UGX can be traded for 0.6217 BAAS, and Sh50 UGX can be converted to 31.09 BAAS, excluding any platform or gas fees.
The exchange rate of 1 BAAS to Ugandan Shilling has changed by +27.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.47%, reaching a high of 1.77 UGX and a low of 1.51 UGX . One month ago, the value of 1 BAAS was Sh 1.18 UGX , which represents a +35.95% change from its current value. Over the last year, BaaSid has changed by , resulting in a change of -5.94% in its value.
-Sh
0.1015UGXBAAS to UGX
Amount
15:19 today
0.5 BAAS
Sh0.8042
1 BAAS
Sh1.61
5 BAAS
Sh8.04
10 BAAS
Sh16.08
50 BAAS
Sh80.42
100 BAAS
Sh160.85
500 BAAS
Sh804.23
1000 BAAS
Sh1,608.45
UGX to BAAS
Amount15:19 today
0.5UGX0.3109 BAAS
1UGX0.6217 BAAS
5UGX3.11 BAAS
10UGX6.22 BAAS
50UGX31.09 BAAS
100UGX62.17 BAAS
500UGX310.86 BAAS
1000UGX621.71 BAAS
Today vs. 24 hours ago
| Amount | 15:19 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BAAS | $0.0002177 | $0.0002255 | -3.47% |
| 1 BAAS | $0.0004354 | $0.0004510 | -3.47% |
| 5 BAAS | $0.002177 | $0.002255 | -3.47% |
| 10 BAAS | $0.004354 | $0.004510 | -3.47% |
| 50 BAAS | $0.02177 | $0.02255 | -3.47% |
| 100 BAAS | $0.04354 | $0.04510 | -3.47% |
| 500 BAAS | $0.2177 | $0.2255 | -3.47% |
| 1000 BAAS | $0.4354 | $0.4510 | -3.47% |
Today vs. 1 month ago
| Amount | 15:19 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BAAS | $0.0002177 | $0.0001601 | +35.95% |
| 1 BAAS | $0.0004354 | $0.0003203 | +35.95% |
| 5 BAAS | $0.002177 | $0.001601 | +35.95% |
| 10 BAAS | $0.004354 | $0.003203 | +35.95% |
| 50 BAAS | $0.02177 | $0.01601 | +35.95% |
| 100 BAAS | $0.04354 | $0.03203 | +35.95% |
| 500 BAAS | $0.2177 | $0.1601 | +35.95% |
| 1000 BAAS | $0.4354 | $0.3203 | +35.95% |
Today vs. 1 year ago
| Amount | 15:19 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BAAS | $0.0002177 | $0.0002314 | -5.94% |
| 1 BAAS | $0.0004354 | $0.0004628 | -5.94% |
| 5 BAAS | $0.002177 | $0.002314 | -5.94% |
| 10 BAAS | $0.004354 | $0.004628 | -5.94% |
| 50 BAAS | $0.02177 | $0.02314 | -5.94% |
| 100 BAAS | $0.04354 | $0.04628 | -5.94% |
| 500 BAAS | $0.2177 | $0.2314 | -5.94% |
| 1000 BAAS | $0.4354 | $0.4628 | -5.94% |
BaaSid price prediction
What will the price of BAAS be in 2025?
Based on BAAS's historical price performance prediction model, the price of BAAS is projected to reach $0.0005155 in 2025.
What will the price of BAAS be in 2030?
In 2030, the BAAS price is expected to change by -15.00%. By the end of 2030, the BAAS price is projected to reach $0.0008364, with a cumulative ROI of +102.95%.
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Popular BaaSid conversions
Check out these popular currency conversions of BaaSid to several fiat currencies.
BaaSid to USD
1 BAAS to $ 0.0004354 USD
BaaSid to GBP
1 BAAS to £ 0.0003444 GBP
BaaSid to EUR
1 BAAS to € 0.0004135 EUR
BaaSid to KRW
1 BAAS to ₩ 0.6087 KRW
BaaSid to CAD
1 BAAS to $ 0.0006079 CAD
BaaSid to AUD
1 BAAS to $ 0.0006678 AUD
BaaSid to JPY
1 BAAS to ¥ 0.06728 JPY
BaaSid to BRL
1 BAAS to R$ 0.002537 BRL
BaaSid to CNY
1 BAAS to ¥ 0.003154 CNY
BaaSid to TWD
1 BAAS to NT$ 0.01417 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in BaaSid.
MAD to UGX
1 MAD to Sh -- UGX
XRP to UGX
1 XRP to Sh 4,136.64 UGX
EGO to UGX
1 EGO to Sh 94.15 UGX
Sharpe AI to UGX
1 SAI to Sh 121.67 UGX
Solana to UGX
1 SOL to Sh 919,743.78 UGX
Bitcoin to UGX
1 BTC to Sh 356,609,013.38 UGX
Dogecoin to UGX
1 DOGE to Sh 1,422.96 UGX
Pepe to UGX
1 PEPE to Sh 0.07654 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 5,362.66 UGX
Sui to UGX
1 SUI to Sh 13,238.29 UGX
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between BaaSid and UGX.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as BaaSid and UGX. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of BaaSid in UGX, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
