BAC
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 Basis Cash(BAC) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 BAC at a value of 1 BAC for 6.34 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 Basis Cash currency pair is the BAC to UGX, with for Basis Cash's currency code being BAC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
BAC to UGX conversion rate trend
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In the past 1D, Basis Cash has changed -7.66% to UGX. Based on the trend and price charts, Basis Cash(BAC) has changed -7.66% to UGX while Ugandan Shilling(UGX) has changed % to BAC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh6.34 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh6.34 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/03 16:00:16(UTC+0)
How to buy Basis Cash
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 Basis Cash (BAC)
Use a variety of payment options to buy Basis Cash on Bitget. We'll show you how.
Buy BAC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of BAC with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy BAC 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 BAC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of BAC to UGX. However, you can first exchange BAC 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 Basis Cash to Ugandan Shilling?
Basis Cash to Ugandan Shilling is rising this week.Basis Cash's current market price is Sh 6.34 per BAC, with a total market cap of Sh 345,952,522.59 UGX based on a circulating supply of 54,575,144 BAC. The trading volume of Basis Cash has changed by +53.42% (Sh 1,916,152.46 UGX) in the last 24 hours. Last trading day, BAC's trading volume was Sh 3,587,145.07.
Market cap
$93.96K
24h volume
$1.49K
Circulating supply
54.58M BAC
Conversion tables
The exchange rate of Basis Cash is increasing.1 BAC is currently valued at Sh 6.34 UGX , which means buying 5 BAC will cost Sh 31.7 UGX . Similarly, Sh1 UGX can be traded for 0.1578 BAC, and Sh50 UGX can be converted to 7.89 BAC, excluding any platform or gas fees.
The exchange rate of 1 BAC to Ugandan Shilling has changed by +11.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.66%, reaching a high of 7.33 UGX and a low of 6.31 UGX . One month ago, the value of 1 BAC was Sh 5.82 UGX , which represents a +8.98% change from its current value. Over the last year, Basis Cash has changed by , resulting in a change of -43.33% in its value.
-Sh
4.85UGXBAC to UGX
Amount
18:47 today
0.5 BAC
Sh3.17
1 BAC
Sh6.34
5 BAC
Sh31.7
10 BAC
Sh63.39
50 BAC
Sh316.95
100 BAC
Sh633.9
500 BAC
Sh3,169.51
1000 BAC
Sh6,339.01
UGX to BAC
Amount18:47 today
0.5UGX0.07888 BAC
1UGX0.1578 BAC
5UGX0.7888 BAC
10UGX1.58 BAC
50UGX7.89 BAC
100UGX15.78 BAC
500UGX78.88 BAC
1000UGX157.75 BAC
Today vs. 24 hours ago
| Amount | 18:47 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BAC | $0.0008608 | $0.0009322 | -7.66% |
| 1 BAC | $0.001722 | $0.001864 | -7.66% |
| 5 BAC | $0.008608 | $0.009322 | -7.66% |
| 10 BAC | $0.01722 | $0.01864 | -7.66% |
| 50 BAC | $0.08608 | $0.09322 | -7.66% |
| 100 BAC | $0.1722 | $0.1864 | -7.66% |
| 500 BAC | $0.8608 | $0.9322 | -7.66% |
| 1000 BAC | $1.72 | $1.86 | -7.66% |
Today vs. 1 month ago
| Amount | 18:47 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BAC | $0.0008608 | $0.0007898 | +8.98% |
| 1 BAC | $0.001722 | $0.001580 | +8.98% |
| 5 BAC | $0.008608 | $0.007898 | +8.98% |
| 10 BAC | $0.01722 | $0.01580 | +8.98% |
| 50 BAC | $0.08608 | $0.07898 | +8.98% |
| 100 BAC | $0.1722 | $0.1580 | +8.98% |
| 500 BAC | $0.8608 | $0.7898 | +8.98% |
| 1000 BAC | $1.72 | $1.58 | +8.98% |
Today vs. 1 year ago
| Amount | 18:47 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BAC | $0.0008608 | $0.001519 | -43.33% |
| 1 BAC | $0.001722 | $0.003038 | -43.33% |
| 5 BAC | $0.008608 | $0.01519 | -43.33% |
| 10 BAC | $0.01722 | $0.03038 | -43.33% |
| 50 BAC | $0.08608 | $0.1519 | -43.33% |
| 100 BAC | $0.1722 | $0.3038 | -43.33% |
| 500 BAC | $0.8608 | $1.52 | -43.33% |
| 1000 BAC | $1.72 | $3.04 | -43.33% |
Basis Cash price prediction
What will the price of BAC be in 2025?
Based on BAC's historical price performance prediction model, the price of BAC is projected to reach $0.002872 in 2025.
What will the price of BAC be in 2030?
In 2030, the BAC price is expected to change by -7.00%. By the end of 2030, the BAC price is projected to reach $0.004543, with a cumulative ROI of +145.39%.
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Popular Basis Cash conversions
Check out these popular currency conversions of Basis Cash to several fiat currencies.
Basis Cash to USD
1 BAC to $ 0.001722 USD
Basis Cash to GBP
1 BAC to £ 0.001361 GBP
Basis Cash to EUR
1 BAC to € 0.001639 EUR
Basis Cash to KRW
1 BAC to ₩ 2.45 KRW
Basis Cash to CAD
1 BAC to $ 0.002423 CAD
Basis Cash to AUD
1 BAC to $ 0.002660 AUD
Basis Cash to JPY
1 BAC to ¥ 0.2572 JPY
Basis Cash to BRL
1 BAC to R$ 0.01043 BRL
Basis Cash to CNY
1 BAC to ¥ 0.01255 CNY
Basis Cash to TWD
1 BAC to NT$ 0.05611 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Basis Cash.
XRP to UGX
1 XRP to Sh 9,411.04 UGX
Baby Shiro Neko to UGX
1 BABYSHIRO to Sh -- UGX
SolarX to UGX
1 SXCH to Sh 124.1 UGX
Bitcoin to UGX
1 BTC to Sh 351,573,464.6 UGX
EGO to UGX
1 EGO to Sh 90.36 UGX
Solana to UGX
1 SOL to Sh 831,409.15 UGX
Moo Deng (moodengsol.com) to UGX
1 MOODENG to Sh 2,032.5 UGX
Stellar to UGX
1 XLM to Sh 1,885.29 UGX
Orderly Network to UGX
1 ORDER to Sh -- UGX
Cardano to UGX
1 ADA to Sh 4,442.48 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 Basis Cash 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 Basis Cash 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 Basis Cash 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.
