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base info Ontology Gas

Ontology Gas to Ugandan Shilling Converter and calculator

Convert 1Ontology Gas (ONG) to Ugandan Shilling (UGX) equals Sh 1,204.42 | Bitget
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Last updated 2024/12/29 19:32:40 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Ontology Gas(ONG) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 ONG at a value of 1 ONG for 1,204.42 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Ontology Gas currency pair is the ONG to UGX, with for Ontology Gas's currency code being ONG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

ONG to UGX conversion rate trend

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Live Ontology Gas (ONG) price chart
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In the past 1D, Ontology Gas has changed -3.50% to UGX. Based on the trend and price charts, Ontology Gas(ONG) has changed -3.50% to UGX while Ugandan Shilling(UGX) has changed +3.62% to ONG in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh1,216.66
0.0200% / 0.0320%vip-iconVIP 7
Binance
Sh1,215.19
0.1000% / 0.1000%
Yes
Gate.io
Sh1,214.09
0.1000% / 0.1000%
Yes
Last updated 2024/12/29 16:00:14(UTC+0)

How to buy Ontology Gas

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Buy Ontology Gas (ONG)
Use a variety of payment options to buy Ontology Gas on Bitget. We'll show you how.

Buy ONG (or USDT) for UGX (Ugandan Shilling) offers

Bitget P2P trading does not currently support direct buying of ONG with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy ONG with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell ONG (or USDT) for UGX (Ugandan Shilling) offers

Bitget P2P trading currently does not support direct selling of ONG to UGX. However, you can first exchange ONG for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Ontology Gas to Ugandan Shilling?

Ontology Gas to Ugandan Shilling is rising this week.
Ontology Gas's current market price is Sh 1,204.42 per ONG, with a total market cap of Sh 482,623,676,471.61 UGX based on a circulating supply of 400,710,820 ONG. The trading volume of Ontology Gas has changed by -46.73% (Sh -21,641,918,985.36 UGX) in the last 24 hours. Last trading day, ONG's trading volume was Sh 46,310,012,015.92.
Market cap
$131.42M
24h volume
$6.72M
Circulating supply
400.71M ONG

Conversion tables

The exchange rate of Ontology Gas is decreasing.
1 ONG is currently valued at Sh 1,204.42 UGX , which means buying 5 ONG will cost Sh 6,022.09 UGX . Similarly, Sh1 UGX can be traded for 0.0008303 ONG, and Sh50 UGX can be converted to 0.04151 ONG, excluding any platform or gas fees.
The exchange rate of 1 ONG to Ugandan Shilling has changed by +4.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.50%, reaching a high of 1,279.42 UGX and a low of 1,192.83 UGX . One month ago, the value of 1 ONG was Sh 1,607.73 UGX , which represents a -25.09% change from its current value. Over the last year, Ontology Gas has changed by
-Sh
141.2UGX
, resulting in a change of -10.49% in its value.

ONG to UGX

Amount
19:32 today
0.5 ONG
Sh602.21
1 ONG
Sh1,204.42
5 ONG
Sh6,022.09
10 ONG
Sh12,044.19
50 ONG
Sh60,220.95
100 ONG
Sh120,441.89
500 ONG
Sh602,209.46
1000 ONG
Sh1,204,418.91

UGX to ONG

Amount19:32 today
0.5UGX0.0004151  ONG
1UGX0.0008303  ONG
5UGX0.004151  ONG
10UGX0.008303  ONG
50UGX0.04151  ONG
100UGX0.08303  ONG
500UGX0.4151  ONG
1000UGX0.8303  ONG

Today vs. 24 hours ago

Amount19:32 today24 hours ago24h change
0.5 ONG$0.1640$0.1699
-3.50%
1 ONG$0.3280$0.3399
-3.50%
5 ONG$1.64$1.7
-3.50%
10 ONG$3.28$3.4
-3.50%
50 ONG$16.4$16.99
-3.50%
100 ONG$32.8$33.99
-3.50%
500 ONG$163.98$169.93
-3.50%
1000 ONG$327.97$339.85
-3.50%

Today vs. 1 month ago

Amount19:32 today1 month ago1M change
0.5 ONG$0.1640$0.2189
-25.09%
1 ONG$0.3280$0.4378
-25.09%
5 ONG$1.64$2.19
-25.09%
10 ONG$3.28$4.38
-25.09%
50 ONG$16.4$21.89
-25.09%
100 ONG$32.8$43.78
-25.09%
500 ONG$163.98$218.89
-25.09%
1000 ONG$327.97$437.79
-25.09%

Today vs. 1 year ago

Amount19:32 today1 year ago1Y change
0.5 ONG$0.1640$0.1832
-10.49%
1 ONG$0.3280$0.3664
-10.49%
5 ONG$1.64$1.83
-10.49%
10 ONG$3.28$3.66
-10.49%
50 ONG$16.4$18.32
-10.49%
100 ONG$32.8$36.64
-10.49%
500 ONG$163.98$183.21
-10.49%
1000 ONG$327.97$366.42
-10.49%

Ontology Gas price prediction

What will the price of ONG be in 2025?

Based on ONG's historical price performance prediction model, the price of ONG is projected to reach $0.4125 in 2025.

What will the price of ONG be in 2030?

In 2030, the ONG price is expected to change by -9.00%. By the end of 2030, the ONG price is projected to reach $0.5859, with a cumulative ROI of +80.45%.

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