SHIBTC
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 ShibaBitcoin(SHIBTC) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 SHIBTC at a value of 1 SHIBTC for 4,514.23 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 ShibaBitcoin currency pair is the SHIBTC to UGX, with for ShibaBitcoin's currency code being SHIBTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
SHIBTC to UGX conversion rate trend
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In the past 1D, ShibaBitcoin has changed -5.73% to UGX. Based on the trend and price charts, ShibaBitcoin(SHIBTC) has changed -5.73% to UGX while Ugandan Shilling(UGX) has changed % to SHIBTC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh4,736.46 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 08:30:14(UTC+0)
How to buy ShibaBitcoin
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Buy ShibaBitcoin (SHIBTC)
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Buy SHIBTC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of SHIBTC with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy SHIBTC with USDT via Bitget spot market.
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Sell SHIBTC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of SHIBTC to UGX. However, you can first exchange SHIBTC 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 ShibaBitcoin to Ugandan Shilling?
ShibaBitcoin to Ugandan Shilling is falling this week.ShibaBitcoin's current market price is Sh 4,514.23 per SHIBTC, with a total market cap of Sh 390,305,616,992.12 UGX based on a circulating supply of 86,461,070 SHIBTC. The trading volume of ShibaBitcoin has changed by +28.12% (Sh 3,544,420,261.63 UGX) in the last 24 hours. Last trading day, SHIBTC's trading volume was Sh 12,605,924,016.44.
Market cap
$105.68M
24h volume
$4.37M
Circulating supply
86.46M SHIBTC
Conversion tables
The exchange rate of ShibaBitcoin is increasing.1 SHIBTC is currently valued at Sh 4,514.23 UGX , which means buying 5 SHIBTC will cost Sh 22,571.17 UGX . Similarly, Sh1 UGX can be traded for 0.0002215 SHIBTC, and Sh50 UGX can be converted to 0.01108 SHIBTC, excluding any platform or gas fees.
The exchange rate of 1 SHIBTC to Ugandan Shilling has changed by -11.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.73%, reaching a high of 4,790.96 UGX and a low of 4,513.27 UGX . One month ago, the value of 1 SHIBTC was Sh 4,107.65 UGX , which represents a +9.90% change from its current value. Over the last year, ShibaBitcoin has changed by , resulting in a change of -62.89% in its value.
+Sh
820.83UGXSHIBTC to UGX
Amount
11:49 am today
0.5 SHIBTC
Sh2,257.12
1 SHIBTC
Sh4,514.23
5 SHIBTC
Sh22,571.17
10 SHIBTC
Sh45,142.35
50 SHIBTC
Sh225,711.74
100 SHIBTC
Sh451,423.47
500 SHIBTC
Sh2,257,117.37
1000 SHIBTC
Sh4,514,234.74
UGX to SHIBTC
Amount11:49 am today
0.5UGX0.0001108 SHIBTC
1UGX0.0002215 SHIBTC
5UGX0.001108 SHIBTC
10UGX0.002215 SHIBTC
50UGX0.01108 SHIBTC
100UGX0.02215 SHIBTC
500UGX0.1108 SHIBTC
1000UGX0.2215 SHIBTC
Today vs. 24 hours ago
| Amount | 11:49 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SHIBTC | $0.6111 | $0.6483 | -5.73% |
| 1 SHIBTC | $1.22 | $1.3 | -5.73% |
| 5 SHIBTC | $6.11 | $6.48 | -5.73% |
| 10 SHIBTC | $12.22 | $12.97 | -5.73% |
| 50 SHIBTC | $61.11 | $64.83 | -5.73% |
| 100 SHIBTC | $122.22 | $129.66 | -5.73% |
| 500 SHIBTC | $611.12 | $648.29 | -5.73% |
| 1000 SHIBTC | $1,222.24 | $1,296.58 | -5.73% |
Today vs. 1 month ago
| Amount | 11:49 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SHIBTC | $0.6111 | $0.5561 | +9.90% |
| 1 SHIBTC | $1.22 | $1.11 | +9.90% |
| 5 SHIBTC | $6.11 | $5.56 | +9.90% |
| 10 SHIBTC | $12.22 | $11.12 | +9.90% |
| 50 SHIBTC | $61.11 | $55.61 | +9.90% |
| 100 SHIBTC | $122.22 | $111.22 | +9.90% |
| 500 SHIBTC | $611.12 | $556.08 | +9.90% |
| 1000 SHIBTC | $1,222.24 | $1,112.16 | +9.90% |
Today vs. 1 year ago
| Amount | 11:49 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SHIBTC | $0.6111 | $0.00 | -62.89% |
| 1 SHIBTC | $1.22 | $0.00 | -62.89% |
| 5 SHIBTC | $6.11 | $0.00 | -62.89% |
| 10 SHIBTC | $12.22 | $0.00 | -62.89% |
| 50 SHIBTC | $61.11 | $0.00 | -62.89% |
| 100 SHIBTC | $122.22 | $0.00 | -62.89% |
| 500 SHIBTC | $611.12 | $0.00 | -62.89% |
| 1000 SHIBTC | $1,222.24 | $0.00 | -62.89% |
ShibaBitcoin price prediction
What will the price of SHIBTC be in 2025?
Based on SHIBTC's historical price performance prediction model, the price of SHIBTC is projected to reach $2.08 in 2025.
What will the price of SHIBTC be in 2030?
In 2030, the SHIBTC price is expected to change by -8.00%. By the end of 2030, the SHIBTC price is projected to reach $2.95, with a cumulative ROI of +127.29%.
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Popular ShibaBitcoin conversions
Check out these popular currency conversions of ShibaBitcoin to several fiat currencies.
ShibaBitcoin to USD
1 SHIBTC to $ 1.22 USD
ShibaBitcoin to GBP
1 SHIBTC to £ 0.9675 GBP
ShibaBitcoin to EUR
1 SHIBTC to € 1.16 EUR
ShibaBitcoin to KRW
1 SHIBTC to ₩ 1,712.84 KRW
ShibaBitcoin to CAD
1 SHIBTC to $ 1.71 CAD
ShibaBitcoin to AUD
1 SHIBTC to $ 1.88 AUD
ShibaBitcoin to JPY
1 SHIBTC to ¥ 188.69 JPY
ShibaBitcoin to BRL
1 SHIBTC to R$ 7.09 BRL
ShibaBitcoin to CNY
1 SHIBTC to ¥ 8.86 CNY
ShibaBitcoin to TWD
1 SHIBTC to NT$ 39.82 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in ShibaBitcoin.
MAD to UGX
1 MAD to Sh -- UGX
XRP to UGX
1 XRP to Sh 4,108.22 UGX
EGO to UGX
1 EGO to Sh 94.91 UGX
Sharpe AI to UGX
1 SAI to Sh 121.07 UGX
Solana to UGX
1 SOL to Sh 892,539.55 UGX
Bitcoin to UGX
1 BTC to Sh 361,134,147.3 UGX
Dogecoin to UGX
1 DOGE to Sh 1,407.4 UGX
Pepe to UGX
1 PEPE to Sh 0.07074 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 4,879.27 UGX
Sui to UGX
1 SUI to Sh 12,654.34 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 ShibaBitcoin 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 ShibaBitcoin 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 ShibaBitcoin 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.
