PNP
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 Penpie(PNP) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 PNP at a value of 1 PNP for 7,893.33 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 Penpie currency pair is the PNP to UGX, with for Penpie's currency code being PNP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
PNP to UGX conversion rate trend
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In the past 1D, Penpie has changed +4.64% to UGX. Based on the trend and price charts, Penpie(PNP) has changed +4.64% to UGX while Ugandan Shilling(UGX) has changed % to PNP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh7,775.6 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/09 16:30:57(UTC+0)
How to buy Penpie
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 Penpie (PNP)
Use a variety of payment options to buy Penpie on Bitget. We'll show you how.
Buy PNP (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of PNP with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy PNP 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 PNP (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of PNP to UGX. However, you can first exchange PNP 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 Penpie to Ugandan Shilling?
Penpie to Ugandan Shilling is rising this week.Penpie's current market price is Sh 7,893.33 per PNP, with a total market cap of Sh 11,886,725,618.59 UGX based on a circulating supply of 1,505,920 PNP. The trading volume of Penpie has changed by -36.80% (Sh -59,015,212.14 UGX) in the last 24 hours. Last trading day, PNP's trading volume was Sh 160,385,729.18.
Market cap
$3.23M
24h volume
$27.54K
Circulating supply
1.51M PNP
Conversion tables
The exchange rate of Penpie is increasing.1 PNP is currently valued at Sh 7,893.33 UGX , which means buying 5 PNP will cost Sh 39,466.66 UGX . Similarly, Sh1 UGX can be traded for 0.0001267 PNP, and Sh50 UGX can be converted to 0.006334 PNP, excluding any platform or gas fees.
The exchange rate of 1 PNP to Ugandan Shilling has changed by +15.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.64%, reaching a high of 7,901.73 UGX and a low of 7,510.3 UGX . One month ago, the value of 1 PNP was Sh 4,652.29 UGX , which represents a +69.79% change from its current value. Over the last year, Penpie has changed by , resulting in a change of -30.38% in its value.
-Sh
3,440.88UGXPNP to UGX
Amount
20:37 today
0.5 PNP
Sh3,946.67
1 PNP
Sh7,893.33
5 PNP
Sh39,466.66
10 PNP
Sh78,933.31
50 PNP
Sh394,666.57
100 PNP
Sh789,333.14
500 PNP
Sh3,946,665.69
1000 PNP
Sh7,893,331.37
UGX to PNP
Amount20:37 today
0.5UGX0.{4}6334 PNP
1UGX0.0001267 PNP
5UGX0.0006334 PNP
10UGX0.001267 PNP
50UGX0.006334 PNP
100UGX0.01267 PNP
500UGX0.06334 PNP
1000UGX0.1267 PNP
Today vs. 24 hours ago
| Amount | 20:37 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PNP | $1.07 | $1.02 | +4.64% |
| 1 PNP | $2.14 | $2.05 | +4.64% |
| 5 PNP | $10.72 | $10.25 | +4.64% |
| 10 PNP | $21.45 | $20.49 | +4.64% |
| 50 PNP | $107.23 | $102.47 | +4.64% |
| 100 PNP | $214.45 | $204.94 | +4.64% |
| 500 PNP | $1,072.25 | $1,024.72 | +4.64% |
| 1000 PNP | $2,144.51 | $2,049.45 | +4.64% |
Today vs. 1 month ago
| Amount | 20:37 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PNP | $1.07 | $0.6320 | +69.79% |
| 1 PNP | $2.14 | $1.26 | +69.79% |
| 5 PNP | $10.72 | $6.32 | +69.79% |
| 10 PNP | $21.45 | $12.64 | +69.79% |
| 50 PNP | $107.23 | $63.2 | +69.79% |
| 100 PNP | $214.45 | $126.4 | +69.79% |
| 500 PNP | $1,072.25 | $631.98 | +69.79% |
| 1000 PNP | $2,144.51 | $1,263.96 | +69.79% |
Today vs. 1 year ago
| Amount | 20:37 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PNP | $1.07 | $1.54 | -30.38% |
| 1 PNP | $2.14 | $3.08 | -30.38% |
| 5 PNP | $10.72 | $15.4 | -30.38% |
| 10 PNP | $21.45 | $30.79 | -30.38% |
| 50 PNP | $107.23 | $153.97 | -30.38% |
| 100 PNP | $214.45 | $307.93 | -30.38% |
| 500 PNP | $1,072.25 | $1,539.67 | -30.38% |
| 1000 PNP | $2,144.51 | $3,079.35 | -30.38% |
Penpie price prediction
What will the price of PNP be in 2025?
Based on PNP's historical price performance prediction model, the price of PNP is projected to reach $3.09 in 2025.
What will the price of PNP be in 2030?
In 2030, the PNP price is expected to change by +3.00%. By the end of 2030, the PNP price is projected to reach $5.96, with a cumulative ROI of +191.19%.
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Popular Penpie conversions
Check out these popular currency conversions of Penpie to several fiat currencies.
Penpie to USD
1 PNP to $ 2.14 USD
Penpie to GBP
1 PNP to £ 1.66 GBP
Penpie to EUR
1 PNP to € 2 EUR
Penpie to KRW
1 PNP to ₩ 2,998.45 KRW
Penpie to CAD
1 PNP to $ 2.98 CAD
Penpie to AUD
1 PNP to $ 3.26 AUD
Penpie to JPY
1 PNP to ¥ 327.37 JPY
Penpie to BRL
1 PNP to R$ 12.3 BRL
Penpie to CNY
1 PNP to ¥ 15.4 CNY
Penpie to TWD
1 PNP to NT$ 69.16 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Penpie.
Bitcoin to UGX
1 BTC to Sh 281,086,588.74 UGX
Drift to UGX
1 DRIFT to Sh 6,188.02 UGX
Grass to UGX
1 GRASS to Sh -- UGX
SolarX to UGX
1 SXCH to Sh -- UGX
Solana to UGX
1 SOL to Sh 730,229.61 UGX
PepeCoin to UGX
1 PEPECOIN to Sh 19,940.22 UGX
Swell Network to UGX
1 SWELL to Sh 231.84 UGX
X Empire to UGX
1 X to Sh 0.7844 UGX
Ethereum to UGX
1 ETH to Sh 11,360,097.46 UGX
Dogecoin to UGX
1 DOGE to Sh 773.8 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 Penpie 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 Penpie 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 Penpie 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.
