DDX
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 DerivaDAO(DDX) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 DDX at a value of 1 DDX for 155.83 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 DerivaDAO currency pair is the DDX to UGX, with for DerivaDAO's currency code being DDX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
DDX to UGX conversion rate trend
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In the past 1D, DerivaDAO has changed +4.57% to UGX. Based on the trend and price charts, DerivaDAO(DDX) has changed +4.57% to UGX while Ugandan Shilling(UGX) has changed % to DDX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh154.56 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/09/19 16:31:11(UTC+0)
How to buy DerivaDAO
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Buy DerivaDAO (DDX)
Use a variety of payment options to buy DerivaDAO on Bitget. We'll show you how.
Buy DDX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of DDX with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy DDX 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 DDX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of DDX to UGX. However, you can first exchange DDX 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 DerivaDAO to Ugandan Shilling?
DerivaDAO to Ugandan Shilling is rising this week.DerivaDAO's current market price is Sh 155.83 per DDX, with a total market cap of Sh 4,066,435,502.65 UGX based on a circulating supply of 26,094,664 DDX. The trading volume of DerivaDAO has changed by +6.52% (Sh 3,598.34 UGX) in the last 24 hours. Last trading day, DDX's trading volume was Sh 55,184.99.
Market cap
$1.09M
24h volume
$15.80706345
Circulating supply
26.09M DDX
Conversion tables
The exchange rate of DerivaDAO is increasing.1 DDX is currently valued at Sh 155.83 UGX , which means buying 5 DDX will cost Sh 779.17 UGX . Similarly, Sh1 UGX can be traded for 0.006417 DDX, and Sh50 UGX can be converted to 0.3209 DDX, excluding any platform or gas fees.
The exchange rate of 1 DDX to Ugandan Shilling has changed by +5.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.57%, reaching a high of 157.07 UGX and a low of 147.65 UGX . One month ago, the value of 1 DDX was Sh 133.24 UGX , which represents a +16.97% change from its current value. Over the last year, DerivaDAO has changed by , resulting in a change of -32.79% in its value.
-Sh
76UGXDDX to UGX
Amount
21:30 today
0.5 DDX
Sh77.92
1 DDX
Sh155.83
5 DDX
Sh779.17
10 DDX
Sh1,558.34
50 DDX
Sh7,791.7
100 DDX
Sh15,583.4
500 DDX
Sh77,916.99
1000 DDX
Sh155,833.99
UGX to DDX
Amount21:30 today
0.5UGX0.003209 DDX
1UGX0.006417 DDX
5UGX0.03209 DDX
10UGX0.06417 DDX
50UGX0.3209 DDX
100UGX0.6417 DDX
500UGX3.21 DDX
1000UGX6.42 DDX
Today vs. 24 hours ago
| Amount | 21:30 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DDX | $0.02095 | $0.02004 | +4.57% |
| 1 DDX | $0.04190 | $0.04007 | +4.57% |
| 5 DDX | $0.2095 | $0.2004 | +4.57% |
| 10 DDX | $0.4190 | $0.4007 | +4.57% |
| 50 DDX | $2.1 | $2 | +4.57% |
| 100 DDX | $4.19 | $4.01 | +4.57% |
| 500 DDX | $20.95 | $20.04 | +4.57% |
| 1000 DDX | $41.9 | $40.07 | +4.57% |
Today vs. 1 month ago
| Amount | 21:30 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DDX | $0.02095 | $0.01791 | +16.97% |
| 1 DDX | $0.04190 | $0.03583 | +16.97% |
| 5 DDX | $0.2095 | $0.1791 | +16.97% |
| 10 DDX | $0.4190 | $0.3583 | +16.97% |
| 50 DDX | $2.1 | $1.79 | +16.97% |
| 100 DDX | $4.19 | $3.58 | +16.97% |
| 500 DDX | $20.95 | $17.91 | +16.97% |
| 1000 DDX | $41.9 | $35.83 | +16.97% |
Today vs. 1 year ago
| Amount | 21:30 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DDX | $0.02095 | $0.03117 | -32.79% |
| 1 DDX | $0.04190 | $0.06234 | -32.79% |
| 5 DDX | $0.2095 | $0.3117 | -32.79% |
| 10 DDX | $0.4190 | $0.6234 | -32.79% |
| 50 DDX | $2.1 | $3.12 | -32.79% |
| 100 DDX | $4.19 | $6.23 | -32.79% |
| 500 DDX | $20.95 | $31.17 | -32.79% |
| 1000 DDX | $41.9 | $62.34 | -32.79% |
DerivaDAO price prediction
What will the price of DDX be in 2025?
Based on DDX's historical price performance prediction model, the price of DDX is projected to reach $0.04543 in 2025.
What will the price of DDX be in 2030?
In 2030, the DDX price is expected to change by -5.00%. By the end of 2030, the DDX price is projected to reach $0.05749, with a cumulative ROI of +44.73%.
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Popular DerivaDAO conversions
Check out these popular currency conversions of DerivaDAO to several fiat currencies.
DerivaDAO to USD
1 DDX to $ 0.04190 USD
DerivaDAO to GBP
1 DDX to £ 0.03155 GBP
DerivaDAO to EUR
1 DDX to € 0.03754 EUR
DerivaDAO to KRW
1 DDX to ₩ 55.68 KRW
DerivaDAO to CAD
1 DDX to $ 0.05681 CAD
DerivaDAO to AUD
1 DDX to $ 0.06149 AUD
DerivaDAO to JPY
1 DDX to ¥ 5.98 JPY
DerivaDAO to BRL
1 DDX to R$ 0.2273 BRL
DerivaDAO to CNY
1 DDX to ¥ 0.2964 CNY
DerivaDAO to TWD
1 DDX to NT$ 1.34 TWD
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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 DerivaDAO 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 DerivaDAO 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 DerivaDAO 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.
