CHESS
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 Tranchess(CHESS) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 CHESS at a value of 1 CHESS for 700.94 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 Tranchess currency pair is the CHESS to UGX, with for Tranchess's currency code being CHESS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
CHESS to UGX conversion rate trend
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In the past 1D, Tranchess has changed -2.83% to UGX. Based on the trend and price charts, Tranchess(CHESS) has changed -2.83% to UGX while Ugandan Shilling(UGX) has changed % to CHESS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh698.57 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh697.47 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh691.41 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 00:00:25(UTC+0)
How to buy Tranchess
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Tranchess (CHESS)
Use a variety of payment options to buy Tranchess on Bitget. We'll show you how.
Learn MoreBuy CHESS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of CHESS with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy CHESS 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 CHESS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of CHESS to UGX. However, you can first exchange CHESS 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 Tranchess to Ugandan Shilling?
Tranchess to Ugandan Shilling is falling this week.Tranchess's current market price is Sh 700.94 per CHESS, with a total market cap of Sh 136,861,675,702.18 UGX based on a circulating supply of 195,255,040 CHESS. The trading volume of Tranchess has changed by -48.11% (Sh -29,218,838,030.79 UGX) in the last 24 hours. Last trading day, CHESS's trading volume was Sh 60,733,524,764.73.
Market cap
$37.46M
24h volume
$8.63M
Circulating supply
195.26M CHESS
Conversion tables
The exchange rate of Tranchess is increasing.1 CHESS is currently valued at Sh 700.94 UGX , which means buying 5 CHESS will cost Sh 3,504.69 UGX . Similarly, Sh1 UGX can be traded for 0.001427 CHESS, and Sh50 UGX can be converted to 0.07133 CHESS, excluding any platform or gas fees.
The exchange rate of 1 CHESS to Ugandan Shilling has changed by -12.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.83%, reaching a high of 769.27 UGX and a low of 686.9 UGX . One month ago, the value of 1 CHESS was Sh 620.56 UGX , which represents a +12.88% change from its current value. Over the last year, Tranchess has changed by , resulting in a change of -3.13% in its value.
-Sh
22.74UGXCHESS to UGX
Amount
04:51 am today
0.5 CHESS
Sh350.47
1 CHESS
Sh700.94
5 CHESS
Sh3,504.69
10 CHESS
Sh7,009.38
50 CHESS
Sh35,046.9
100 CHESS
Sh70,093.8
500 CHESS
Sh350,469.01
1000 CHESS
Sh700,938.02
UGX to CHESS
Amount04:51 am today
0.5UGX0.0007133 CHESS
1UGX0.001427 CHESS
5UGX0.007133 CHESS
10UGX0.01427 CHESS
50UGX0.07133 CHESS
100UGX0.1427 CHESS
500UGX0.7133 CHESS
1000UGX1.43 CHESS
Today vs. 24 hours ago
| Amount | 04:51 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CHESS | $0.09592 | $0.09873 | -2.83% |
| 1 CHESS | $0.1918 | $0.1975 | -2.83% |
| 5 CHESS | $0.9592 | $0.9873 | -2.83% |
| 10 CHESS | $1.92 | $1.97 | -2.83% |
| 50 CHESS | $9.59 | $9.87 | -2.83% |
| 100 CHESS | $19.18 | $19.75 | -2.83% |
| 500 CHESS | $95.92 | $98.73 | -2.83% |
| 1000 CHESS | $191.85 | $197.46 | -2.83% |
Today vs. 1 month ago
| Amount | 04:51 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CHESS | $0.09592 | $0.08492 | +12.88% |
| 1 CHESS | $0.1918 | $0.1698 | +12.88% |
| 5 CHESS | $0.9592 | $0.8492 | +12.88% |
| 10 CHESS | $1.92 | $1.7 | +12.88% |
| 50 CHESS | $9.59 | $8.49 | +12.88% |
| 100 CHESS | $19.18 | $16.98 | +12.88% |
| 500 CHESS | $95.92 | $84.92 | +12.88% |
| 1000 CHESS | $191.85 | $169.85 | +12.88% |
Today vs. 1 year ago
| Amount | 04:51 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CHESS | $0.09592 | $0.09904 | -3.13% |
| 1 CHESS | $0.1918 | $0.1981 | -3.13% |
| 5 CHESS | $0.9592 | $0.9904 | -3.13% |
| 10 CHESS | $1.92 | $1.98 | -3.13% |
| 50 CHESS | $9.59 | $9.9 | -3.13% |
| 100 CHESS | $19.18 | $19.81 | -3.13% |
| 500 CHESS | $95.92 | $99.04 | -3.13% |
| 1000 CHESS | $191.85 | $198.07 | -3.13% |
Tranchess price prediction
What will the price of CHESS be in 2025?
Based on CHESS's historical price performance prediction model, the price of CHESS is projected to reach $0.2944 in 2025.
What will the price of CHESS be in 2030?
In 2030, the CHESS price is expected to change by +5.00%. By the end of 2030, the CHESS price is projected to reach $0.5077, with a cumulative ROI of +167.09%.
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Popular Tranchess conversions
Check out these popular currency conversions of Tranchess to several fiat currencies.
Tranchess to USD
1 CHESS to $ 0.1918 USD
Tranchess to GBP
1 CHESS to £ 0.1527 GBP
Tranchess to EUR
1 CHESS to € 0.1839 EUR
Tranchess to KRW
1 CHESS to ₩ 277.49 KRW
Tranchess to CAD
1 CHESS to $ 0.2758 CAD
Tranchess to AUD
1 CHESS to $ 0.3069 AUD
Tranchess to JPY
1 CHESS to ¥ 30.01 JPY
Tranchess to BRL
1 CHESS to R$ 1.17 BRL
Tranchess to CNY
1 CHESS to ¥ 1.4 CNY
Tranchess to TWD
1 CHESS to NT$ 6.26 TWD
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IDEX to UGX
1 IDEX to Sh 251.14 UGX
Aptos to UGX
1 APT to Sh 33,978.6 UGX
Sekuya Multiverse to UGX
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1 SOL to Sh 663,014.9 UGX
LUKSO to UGX
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1 FUN to Sh 18.77 UGX
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1 FIS to Sh 1,579.64 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 Tranchess 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 Tranchess 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 Tranchess 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.
