BANK
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 Bankcoin(BANK) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 BANK at a value of 1 BANK for 0.11 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 Bankcoin currency pair is the BANK to UGX, with for Bankcoin's currency code being BANK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
BANK to UGX conversion rate trend
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In the past 1D, Bankcoin has changed +1.71% to UGX. Based on the trend and price charts, Bankcoin(BANK) has changed +1.71% to UGX while Ugandan Shilling(UGX) has changed % to BANK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.1131 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/30 16:33:23(UTC+0)
How to buy Bankcoin
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Bankcoin (BANK)
Use a variety of payment options to buy Bankcoin on Bitget. We'll show you how.
Buy BANK (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of BANK with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy BANK 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 BANK (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of BANK to UGX. However, you can first exchange BANK 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 Bankcoin to Ugandan Shilling?
Bankcoin to Ugandan Shilling is rising this week.Bankcoin's current market price is Sh 0.1143 per BANK, with a total market cap of Sh 0 UGX based on a circulating supply of -- BANK. The trading volume of Bankcoin has changed by -1.09% (Sh -68,076.15 UGX) in the last 24 hours. Last trading day, BANK's trading volume was Sh 6,267,368.19.
Market cap
$0
24h volume
$1.69K
Circulating supply
0 BANK
Conversion tables
The exchange rate of Bankcoin is decreasing.1 BANK is currently valued at Sh 0.1143 UGX , which means buying 5 BANK will cost Sh 0.5716 UGX . Similarly, Sh1 UGX can be traded for 8.75 BANK, and Sh50 UGX can be converted to 437.37 BANK, excluding any platform or gas fees.
The exchange rate of 1 BANK to Ugandan Shilling has changed by +1.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.71%, reaching a high of 0.1175 UGX and a low of 0.1103 UGX . One month ago, the value of 1 BANK was Sh 0.1619 UGX , which represents a -29.38% change from its current value. Over the last year, Bankcoin has changed by , resulting in a change of -84.97% in its value.
-Sh
0.6461UGXBANK to UGX
Amount
20:26 today
0.5 BANK
Sh0.05716
1 BANK
Sh0.1143
5 BANK
Sh0.5716
10 BANK
Sh1.14
50 BANK
Sh5.72
100 BANK
Sh11.43
500 BANK
Sh57.16
1000 BANK
Sh114.32
UGX to BANK
Amount20:26 today
0.5UGX4.37 BANK
1UGX8.75 BANK
5UGX43.74 BANK
10UGX87.47 BANK
50UGX437.37 BANK
100UGX874.73 BANK
500UGX4,373.66 BANK
1000UGX8,747.32 BANK
Today vs. 24 hours ago
| Amount | 20:26 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BANK | $0.{4}1557 | $0.{4}1531 | +1.71% |
| 1 BANK | $0.{4}3114 | $0.{4}3062 | +1.71% |
| 5 BANK | $0.0001557 | $0.0001531 | +1.71% |
| 10 BANK | $0.0003114 | $0.0003062 | +1.71% |
| 50 BANK | $0.001557 | $0.001531 | +1.71% |
| 100 BANK | $0.003114 | $0.003062 | +1.71% |
| 500 BANK | $0.01557 | $0.01531 | +1.71% |
| 1000 BANK | $0.03114 | $0.03062 | +1.71% |
Today vs. 1 month ago
| Amount | 20:26 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BANK | $0.{4}1557 | $0.{4}2205 | -29.38% |
| 1 BANK | $0.{4}3114 | $0.{4}4410 | -29.38% |
| 5 BANK | $0.0001557 | $0.0002205 | -29.38% |
| 10 BANK | $0.0003114 | $0.0004410 | -29.38% |
| 50 BANK | $0.001557 | $0.002205 | -29.38% |
| 100 BANK | $0.003114 | $0.004410 | -29.38% |
| 500 BANK | $0.01557 | $0.02205 | -29.38% |
| 1000 BANK | $0.03114 | $0.04410 | -29.38% |
Today vs. 1 year ago
| Amount | 20:26 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BANK | $0.{4}1557 | $0.0001036 | -84.97% |
| 1 BANK | $0.{4}3114 | $0.0002071 | -84.97% |
| 5 BANK | $0.0001557 | $0.001036 | -84.97% |
| 10 BANK | $0.0003114 | $0.002071 | -84.97% |
| 50 BANK | $0.001557 | $0.01036 | -84.97% |
| 100 BANK | $0.003114 | $0.02071 | -84.97% |
| 500 BANK | $0.01557 | $0.1036 | -84.97% |
| 1000 BANK | $0.03114 | $0.2071 | -84.97% |
Bankcoin price prediction
What will the price of BANK be in 2025?
Based on BANK's historical price performance prediction model, the price of BANK is projected to reach $0.00 in 2025.
What will the price of BANK be in 2030?
In 2030, the BANK price is expected to change by +7.00%. By the end of 2030, the BANK price is projected to reach $0.00, with a cumulative ROI of -100.00%.
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Popular Bankcoin conversions
Check out these popular currency conversions of Bankcoin to several fiat currencies.
Bankcoin to USD
1 BANK to $ 0.{4}3114 USD
Bankcoin to GBP
1 BANK to £ 0.{4}2481 GBP
Bankcoin to EUR
1 BANK to € 0.{4}2994 EUR
Bankcoin to KRW
1 BANK to ₩ 0.04582 KRW
Bankcoin to CAD
1 BANK to $ 0.{4}4471 CAD
Bankcoin to AUD
1 BANK to $ 0.{4}5001 AUD
Bankcoin to JPY
1 BANK to ¥ 0.004889 JPY
Bankcoin to BRL
1 BANK to R$ 0.0001924 BRL
Bankcoin to CNY
1 BANK to ¥ 0.0002275 CNY
Bankcoin to TWD
1 BANK to NT$ 0.001020 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Bankcoin.
Bitcoin to UGX
1 BTC to Sh 347,861,028.52 UGX
HUND to UGX
1 HUND to Sh 57.03 UGX
Ethereum to UGX
1 ETH to Sh 12,527,185.58 UGX
XRP to UGX
1 XRP to Sh 7,786.5 UGX
Dogecoin to UGX
1 DOGE to Sh 1,179.89 UGX
Solana to UGX
1 SOL to Sh 718,682.51 UGX
Bitget Token to UGX
1 BGB to Sh 23,574 UGX
Pepe to UGX
1 PEPE to Sh 0.06807 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 2,526.34 UGX
Solar to UGX
1 SXP to Sh 1,326.12 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 Bankcoin 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 Bankcoin 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 Bankcoin 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.
