FRM
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 Ferrum Network(FRM) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 FRM at a value of 1 FRM for 68.96 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 Ferrum Network currency pair is the FRM to UGX, with for Ferrum Network's currency code being FRM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
FRM to UGX conversion rate trend
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In the past 1D, Ferrum Network has changed +0.29% to UGX. Based on the trend and price charts, Ferrum Network(FRM) has changed +0.29% to UGX while Ugandan Shilling(UGX) has changed % to FRM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh68.77 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh68.52 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh69.15 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/17 08:00:15(UTC+0)
How to buy Ferrum Network
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 Ferrum Network (FRM)
Use a variety of payment options to buy Ferrum Network on Bitget. We'll show you how.
Buy FRM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of FRM with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy FRM 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 FRM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of FRM to UGX. However, you can first exchange FRM 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 Ferrum Network to Ugandan Shilling?
Ferrum Network to Ugandan Shilling is rising this week.Ferrum Network's current market price is Sh 68.96 per FRM, with a total market cap of Sh 18,357,957,761.76 UGX based on a circulating supply of 266,195,790 FRM. The trading volume of Ferrum Network has changed by +47.21% (Sh 525,207,680.6 UGX) in the last 24 hours. Last trading day, FRM's trading volume was Sh 1,112,494,795.79.
Market cap
$4.94M
24h volume
$440.77K
Circulating supply
266.20M FRM
Conversion tables
The exchange rate of Ferrum Network is decreasing.1 FRM is currently valued at Sh 68.96 UGX , which means buying 5 FRM will cost Sh 344.82 UGX . Similarly, Sh1 UGX can be traded for 0.01450 FRM, and Sh50 UGX can be converted to 0.7250 FRM, excluding any platform or gas fees.
The exchange rate of 1 FRM to Ugandan Shilling has changed by +1.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.29%, reaching a high of 69.01 UGX and a low of 67.96 UGX . One month ago, the value of 1 FRM was Sh 71.55 UGX , which represents a -3.62% change from its current value. Over the last year, Ferrum Network has changed by , resulting in a change of -35.62% in its value.
-Sh
38.14UGXFRM to UGX
Amount
15:41 today
0.5 FRM
Sh34.48
1 FRM
Sh68.96
5 FRM
Sh344.82
10 FRM
Sh689.64
50 FRM
Sh3,448.21
100 FRM
Sh6,896.41
500 FRM
Sh34,482.06
1000 FRM
Sh68,964.11
UGX to FRM
Amount15:41 today
0.5UGX0.007250 FRM
1UGX0.01450 FRM
5UGX0.07250 FRM
10UGX0.1450 FRM
50UGX0.7250 FRM
100UGX1.45 FRM
500UGX7.25 FRM
1000UGX14.5 FRM
Today vs. 24 hours ago
| Amount | 15:41 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRM | $0.009280 | $0.009253 | +0.29% |
| 1 FRM | $0.01856 | $0.01851 | +0.29% |
| 5 FRM | $0.09280 | $0.09253 | +0.29% |
| 10 FRM | $0.1856 | $0.1851 | +0.29% |
| 50 FRM | $0.9280 | $0.9253 | +0.29% |
| 100 FRM | $1.86 | $1.85 | +0.29% |
| 500 FRM | $9.28 | $9.25 | +0.29% |
| 1000 FRM | $18.56 | $18.51 | +0.29% |
Today vs. 1 month ago
| Amount | 15:41 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRM | $0.009280 | $0.009629 | -3.62% |
| 1 FRM | $0.01856 | $0.01926 | -3.62% |
| 5 FRM | $0.09280 | $0.09629 | -3.62% |
| 10 FRM | $0.1856 | $0.1926 | -3.62% |
| 50 FRM | $0.9280 | $0.9629 | -3.62% |
| 100 FRM | $1.86 | $1.93 | -3.62% |
| 500 FRM | $9.28 | $9.63 | -3.62% |
| 1000 FRM | $18.56 | $19.26 | -3.62% |
Today vs. 1 year ago
| Amount | 15:41 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRM | $0.009280 | $0.01441 | -35.62% |
| 1 FRM | $0.01856 | $0.02883 | -35.62% |
| 5 FRM | $0.09280 | $0.1441 | -35.62% |
| 10 FRM | $0.1856 | $0.2883 | -35.62% |
| 50 FRM | $0.9280 | $1.44 | -35.62% |
| 100 FRM | $1.86 | $2.88 | -35.62% |
| 500 FRM | $9.28 | $14.41 | -35.62% |
| 1000 FRM | $18.56 | $28.83 | -35.62% |
Ferrum Network price prediction
What will the price of FRM be in 2025?
Based on FRM's historical price performance prediction model, the price of FRM is projected to reach $0.03324 in 2025.
What will the price of FRM be in 2030?
In 2030, the FRM price is expected to change by -17.00%. By the end of 2030, the FRM price is projected to reach $0.03544, with a cumulative ROI of +92.23%.
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Popular Ferrum Network conversions
Check out these popular currency conversions of Ferrum Network to several fiat currencies.
Ferrum Network to USD
1 FRM to $ 0.01856 USD
Ferrum Network to GBP
1 FRM to £ 0.01408 GBP
Ferrum Network to EUR
1 FRM to € 0.01669 EUR
Ferrum Network to KRW
1 FRM to ₩ 24.56 KRW
Ferrum Network to CAD
1 FRM to $ 0.02522 CAD
Ferrum Network to AUD
1 FRM to $ 0.02745 AUD
Ferrum Network to JPY
1 FRM to ¥ 2.63 JPY
Ferrum Network to BRL
1 FRM to R$ 0.1022 BRL
Ferrum Network to CNY
1 FRM to ¥ 0.1317 CNY
Ferrum Network to TWD
1 FRM to NT$ 0.5924 TWD
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1 BTC to Sh 226,717,240.5 UGX
Sui to UGX
1 SUI to Sh 4,263.63 UGX
Ethereum to UGX
1 ETH to Sh 8,836,601.77 UGX
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1 SOL to Sh 500,534.34 UGX
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1 TON to Sh 20,725.51 UGX
Pepe to UGX
1 PEPE to Sh 0.02808 UGX
Trust Wallet Token to UGX
1 TWT to Sh 3,105.97 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 Ferrum Network 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 Ferrum Network 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 Ferrum Network 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.
