ORAO
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 ORAO Network(ORAO) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 ORAO at a value of 1 ORAO for 2.17 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 ORAO Network currency pair is the ORAO to UGX, with for ORAO Network's currency code being ORAO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
ORAO to UGX conversion rate trend
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In the past 1D, ORAO Network has changed -5.67% to UGX. Based on the trend and price charts, ORAO Network(ORAO) has changed -5.67% to UGX while Ugandan Shilling(UGX) has changed % to ORAO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh2.17 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh2.16 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/14 00:00:18(UTC+0)
How to buy ORAO 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 ORAO Network (ORAO)
Use a variety of payment options to buy ORAO Network on Bitget. We'll show you how.
Buy ORAO (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of ORAO with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy ORAO 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 ORAO (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of ORAO to UGX. However, you can first exchange ORAO 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 ORAO Network to Ugandan Shilling?
ORAO Network to Ugandan Shilling is falling this week.ORAO Network's current market price is Sh 2.17 per ORAO, with a total market cap of Sh 85,534,571.38 UGX based on a circulating supply of 39,397,668 ORAO. The trading volume of ORAO Network has changed by -44.02% (Sh -2,212,492.62 UGX) in the last 24 hours. Last trading day, ORAO's trading volume was Sh 5,026,130.56.
Market cap
$23.02K
24h volume
$757.31950005
Circulating supply
39.40M ORAO
Conversion tables
The exchange rate of ORAO Network is increasing.1 ORAO is currently valued at Sh 2.17 UGX , which means buying 5 ORAO will cost Sh 10.86 UGX . Similarly, Sh1 UGX can be traded for 0.4606 ORAO, and Sh50 UGX can be converted to 23.03 ORAO, excluding any platform or gas fees.
The exchange rate of 1 ORAO to Ugandan Shilling has changed by -1.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.67%, reaching a high of 2.63 UGX and a low of 2.08 UGX . One month ago, the value of 1 ORAO was Sh 1.9 UGX , which represents a +14.25% change from its current value. Over the last year, ORAO Network has changed by , resulting in a change of -55.29% in its value.
-Sh
2.69UGXORAO to UGX
Amount
02:24 am today
0.5 ORAO
Sh1.09
1 ORAO
Sh2.17
5 ORAO
Sh10.86
10 ORAO
Sh21.71
50 ORAO
Sh108.55
100 ORAO
Sh217.11
500 ORAO
Sh1,085.53
1000 ORAO
Sh2,171.06
UGX to ORAO
Amount02:24 am today
0.5UGX0.2303 ORAO
1UGX0.4606 ORAO
5UGX2.3 ORAO
10UGX4.61 ORAO
50UGX23.03 ORAO
100UGX46.06 ORAO
500UGX230.3 ORAO
1000UGX460.61 ORAO
Today vs. 24 hours ago
| Amount | 02:24 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ORAO | $0.0002922 | $0.0003097 | -5.67% |
| 1 ORAO | $0.0005844 | $0.0006195 | -5.67% |
| 5 ORAO | $0.002922 | $0.003097 | -5.67% |
| 10 ORAO | $0.005844 | $0.006195 | -5.67% |
| 50 ORAO | $0.02922 | $0.03097 | -5.67% |
| 100 ORAO | $0.05844 | $0.06195 | -5.67% |
| 500 ORAO | $0.2922 | $0.3097 | -5.67% |
| 1000 ORAO | $0.5844 | $0.6195 | -5.67% |
Today vs. 1 month ago
| Amount | 02:24 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ORAO | $0.0002922 | $0.0002557 | +14.25% |
| 1 ORAO | $0.0005844 | $0.0005114 | +14.25% |
| 5 ORAO | $0.002922 | $0.002557 | +14.25% |
| 10 ORAO | $0.005844 | $0.005114 | +14.25% |
| 50 ORAO | $0.02922 | $0.02557 | +14.25% |
| 100 ORAO | $0.05844 | $0.05114 | +14.25% |
| 500 ORAO | $0.2922 | $0.2557 | +14.25% |
| 1000 ORAO | $0.5844 | $0.5114 | +14.25% |
Today vs. 1 year ago
| Amount | 02:24 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ORAO | $0.0002922 | $0.0006536 | -55.29% |
| 1 ORAO | $0.0005844 | $0.001307 | -55.29% |
| 5 ORAO | $0.002922 | $0.006536 | -55.29% |
| 10 ORAO | $0.005844 | $0.01307 | -55.29% |
| 50 ORAO | $0.02922 | $0.06536 | -55.29% |
| 100 ORAO | $0.05844 | $0.1307 | -55.29% |
| 500 ORAO | $0.2922 | $0.6536 | -55.29% |
| 1000 ORAO | $0.5844 | $1.31 | -55.29% |
ORAO Network price prediction
What will the price of ORAO be in 2025?
Based on ORAO's historical price performance prediction model, the price of ORAO is projected to reach $0.001445 in 2025.
What will the price of ORAO be in 2030?
In 2030, the ORAO price is expected to change by -12.00%. By the end of 2030, the ORAO price is projected to reach $0.001845, with a cumulative ROI of +192.55%.
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Popular ORAO Network conversions
Check out these popular currency conversions of ORAO Network to several fiat currencies.
ORAO Network to USD
1 ORAO to $ 0.0005844 USD
ORAO Network to GBP
1 ORAO to £ 0.0004452 GBP
ORAO Network to EUR
1 ORAO to € 0.0005270 EUR
ORAO Network to KRW
1 ORAO to ₩ 0.7769 KRW
ORAO Network to CAD
1 ORAO to $ 0.0007944 CAD
ORAO Network to AUD
1 ORAO to $ 0.0008716 AUD
ORAO Network to JPY
1 ORAO to ¥ 0.08230 JPY
ORAO Network to BRL
1 ORAO to R$ 0.003252 BRL
ORAO Network to CNY
1 ORAO to ¥ 0.004151 CNY
ORAO Network to TWD
1 ORAO to NT$ 0.01867 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 ORAO 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 ORAO 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 ORAO 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.
