XBN
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 Bantu(XBN) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 XBN at a value of 1 XBN for 4.01 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 Bantu currency pair is the XBN to UGX, with for Bantu's currency code being XBN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
XBN to UGX conversion rate trend
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In the past 1D, Bantu has changed -16.50% to UGX. Based on the trend and price charts, Bantu(XBN) has changed -16.50% to UGX while Ugandan Shilling(UGX) has changed % to XBN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh4.02 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/27 08:34:50(UTC+0)
How to buy Bantu
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Bantu (XBN)
Use a variety of payment options to buy Bantu on Bitget. We'll show you how.
Buy XBN (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of XBN with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy XBN 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 XBN (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of XBN to UGX. However, you can first exchange XBN 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 Bantu to Ugandan Shilling?
Bantu to Ugandan Shilling is rising this week.Bantu's current market price is Sh 4.01 per XBN, with a total market cap of Sh 0 UGX based on a circulating supply of -- XBN. The trading volume of Bantu has changed by -0.03% (Sh -0.10 UGX) in the last 24 hours. Last trading day, XBN's trading volume was Sh 401.6.
Market cap
$0
24h volume
$0.10986128
Circulating supply
0 XBN
Conversion tables
The exchange rate of Bantu is increasing.1 XBN is currently valued at Sh 4.01 UGX , which means buying 5 XBN will cost Sh 20.07 UGX . Similarly, Sh1 UGX can be traded for 0.2491 XBN, and Sh50 UGX can be converted to 12.45 XBN, excluding any platform or gas fees.
The exchange rate of 1 XBN to Ugandan Shilling has changed by +3.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by -16.50%, reaching a high of 2.74 UGX and a low of 1.83 UGX . One month ago, the value of 1 XBN was Sh 3.71 UGX , which represents a +19.87% change from its current value. Over the last year, Bantu has changed by , resulting in a change of +96.49% in its value.
+Sh
0.8993UGXXBN to UGX
Amount
11:54 am today
0.5 XBN
Sh2.01
1 XBN
Sh4.01
5 XBN
Sh20.07
10 XBN
Sh40.15
50 XBN
Sh200.75
100 XBN
Sh401.49
500 XBN
Sh2,007.46
1000 XBN
Sh4,014.91
UGX to XBN
Amount11:54 am today
0.5UGX0.1245 XBN
1UGX0.2491 XBN
5UGX1.25 XBN
10UGX2.49 XBN
50UGX12.45 XBN
100UGX24.91 XBN
500UGX124.54 XBN
1000UGX249.07 XBN
Today vs. 24 hours ago
| Amount | 11:54 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 XBN | $0.0005493 | $0.0005988 | -16.50% |
| 1 XBN | $0.001099 | $0.001198 | -16.50% |
| 5 XBN | $0.005493 | $0.005988 | -16.50% |
| 10 XBN | $0.01099 | $0.01198 | -16.50% |
| 50 XBN | $0.05493 | $0.05988 | -16.50% |
| 100 XBN | $0.1099 | $0.1198 | -16.50% |
| 500 XBN | $0.5493 | $0.5988 | -16.50% |
| 1000 XBN | $1.1 | $1.2 | -16.50% |
Today vs. 1 month ago
| Amount | 11:54 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 XBN | $0.0005493 | $0.0005078 | +19.87% |
| 1 XBN | $0.001099 | $0.001016 | +19.87% |
| 5 XBN | $0.005493 | $0.005078 | +19.87% |
| 10 XBN | $0.01099 | $0.01016 | +19.87% |
| 50 XBN | $0.05493 | $0.05078 | +19.87% |
| 100 XBN | $0.1099 | $0.1016 | +19.87% |
| 500 XBN | $0.5493 | $0.5078 | +19.87% |
| 1000 XBN | $1.1 | $1.02 | +19.87% |
Today vs. 1 year ago
| Amount | 11:54 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 XBN | $0.0005493 | $0.0004263 | +96.49% |
| 1 XBN | $0.001099 | $0.0008525 | +96.49% |
| 5 XBN | $0.005493 | $0.004263 | +96.49% |
| 10 XBN | $0.01099 | $0.008525 | +96.49% |
| 50 XBN | $0.05493 | $0.04263 | +96.49% |
| 100 XBN | $0.1099 | $0.08525 | +96.49% |
| 500 XBN | $0.5493 | $0.4263 | +96.49% |
| 1000 XBN | $1.1 | $0.8525 | +96.49% |
Bantu price prediction
What will the price of XBN be in 2025?
Based on XBN's historical price performance prediction model, the price of XBN is projected to reach $0.001627 in 2025.
What will the price of XBN be in 2030?
In 2030, the XBN price is expected to change by +10.00%. By the end of 2030, the XBN price is projected to reach $0.002487, with a cumulative ROI of +126.30%.
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Popular Bantu conversions
Check out these popular currency conversions of Bantu to several fiat currencies.
Bantu to USD
1 XBN to $ 0.001099 USD
Bantu to GBP
1 XBN to £ 0.0008779 GBP
Bantu to EUR
1 XBN to € 0.001055 EUR
Bantu to KRW
1 XBN to ₩ 1.62 KRW
Bantu to CAD
1 XBN to $ 0.001583 CAD
Bantu to AUD
1 XBN to $ 0.001770 AUD
Bantu to JPY
1 XBN to ¥ 0.1733 JPY
Bantu to BRL
1 XBN to R$ 0.006795 BRL
Bantu to CNY
1 XBN to ¥ 0.008023 CNY
Bantu to TWD
1 XBN to NT$ 0.03610 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Bantu.
Bitcoin to UGX
1 BTC to Sh 352,922,322.8 UGX
Ethereum to UGX
1 ETH to Sh 12,449,665.77 UGX
GMT to UGX
1 GMT to Sh 716.67 UGX
XRP to UGX
1 XRP to Sh 8,024.88 UGX
THENA to UGX
1 THE to Sh 5,547.25 UGX
TRON to UGX
1 TRX to Sh 959.58 UGX
BNB to UGX
1 BNB to Sh 2,570,528.85 UGX
Uniswap to UGX
1 UNI to Sh 51,134.75 UGX
Ethereum Name Service to UGX
1 ENS to Sh 127,436.36 UGX
FLOKI to UGX
1 FLOKI to Sh 0.6539 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 Bantu 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 Bantu 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 Bantu 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.
