VELA
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 Vela Exchange(VELA) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 VELA at a value of 1 VELA for 91.75 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 Vela Exchange currency pair is the VELA to UGX, with for Vela Exchange's currency code being VELA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
VELA to UGX conversion rate trend
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In the past 1D, Vela Exchange has changed +9.56% to UGX. Based on the trend and price charts, Vela Exchange(VELA) has changed +9.56% to UGX while Ugandan Shilling(UGX) has changed % to VELA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh92.81 | 0.0200% / 0.0320%  VIP 7 | |
OKX | Sh107.75 | 0.080% / 0.100% | Yes |
Gate.io | Sh93.11 | 0.1000% / 0.1000% | Yes |
Bybit | Sh92.81 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/23 08:00:16(UTC+0)
How to buy Vela Exchange
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Buy Vela Exchange (VELA)
Use a variety of payment options to buy Vela Exchange on Bitget. We'll show you how.
Learn MoreBuy VELA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of VELA with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy VELA 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 VELA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of VELA to UGX. However, you can first exchange VELA 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 Vela Exchange to Ugandan Shilling?
Vela Exchange to Ugandan Shilling is falling this week.Vela Exchange's current market price is Sh 91.75 per VELA, with a total market cap of Sh 0 UGX based on a circulating supply of -- VELA. The trading volume of Vela Exchange has changed by -16.10% (Sh -146,375,159.68 UGX) in the last 24 hours. Last trading day, VELA's trading volume was Sh 909,111,662.57.
Market cap
$0
24h volume
$206.27K
Circulating supply
0 VELA
Conversion tables
The exchange rate of Vela Exchange is decreasing.1 VELA is currently valued at Sh 91.75 UGX , which means buying 5 VELA will cost Sh 458.74 UGX . Similarly, Sh1 UGX can be traded for 0.01090 VELA, and Sh50 UGX can be converted to 0.5450 VELA, excluding any platform or gas fees.
The exchange rate of 1 VELA to Ugandan Shilling has changed by -4.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.56%, reaching a high of 94.38 UGX and a low of 83.26 UGX . One month ago, the value of 1 VELA was Sh 559.08 UGX , which represents a -83.59% change from its current value. Over the last year, Vela Exchange has changed by , resulting in a change of -96.55% in its value.
-Sh
2,565.88UGXVELA to UGX
Amount
09:57 am today
0.5 VELA
Sh45.87
1 VELA
Sh91.75
5 VELA
Sh458.74
10 VELA
Sh917.49
50 VELA
Sh4,587.44
100 VELA
Sh9,174.88
500 VELA
Sh45,874.38
1000 VELA
Sh91,748.77
UGX to VELA
Amount09:57 am today
0.5UGX0.005450 VELA
1UGX0.01090 VELA
5UGX0.05450 VELA
10UGX0.1090 VELA
50UGX0.5450 VELA
100UGX1.09 VELA
500UGX5.45 VELA
1000UGX10.9 VELA
Today vs. 24 hours ago
| Amount | 09:57 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VELA | $0.01241 | $0.01132 | +9.56% |
| 1 VELA | $0.02481 | $0.02265 | +9.56% |
| 5 VELA | $0.1241 | $0.1132 | +9.56% |
| 10 VELA | $0.2481 | $0.2265 | +9.56% |
| 50 VELA | $1.24 | $1.13 | +9.56% |
| 100 VELA | $2.48 | $2.26 | +9.56% |
| 500 VELA | $12.41 | $11.32 | +9.56% |
| 1000 VELA | $24.81 | $22.65 | +9.56% |
Today vs. 1 month ago
| Amount | 09:57 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VELA | $0.01241 | $0.07560 | -83.59% |
| 1 VELA | $0.02481 | $0.1512 | -83.59% |
| 5 VELA | $0.1241 | $0.7560 | -83.59% |
| 10 VELA | $0.2481 | $1.51 | -83.59% |
| 50 VELA | $1.24 | $7.56 | -83.59% |
| 100 VELA | $2.48 | $15.12 | -83.59% |
| 500 VELA | $12.41 | $75.6 | -83.59% |
| 1000 VELA | $24.81 | $151.2 | -83.59% |
Today vs. 1 year ago
| Amount | 09:57 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VELA | $0.01241 | $0.3594 | -96.55% |
| 1 VELA | $0.02481 | $0.7187 | -96.55% |
| 5 VELA | $0.1241 | $3.59 | -96.55% |
| 10 VELA | $0.2481 | $7.19 | -96.55% |
| 50 VELA | $1.24 | $35.94 | -96.55% |
| 100 VELA | $2.48 | $71.87 | -96.55% |
| 500 VELA | $12.41 | $359.36 | -96.55% |
| 1000 VELA | $24.81 | $718.71 | -96.55% |
Vela Exchange price prediction
What will the price of VELA be in 2025?
Based on VELA's historical price performance prediction model, the price of VELA is projected to reach $0.1202 in 2025.
What will the price of VELA be in 2030?
In 2030, the VELA price is expected to change by -9.00%. By the end of 2030, the VELA price is projected to reach $0.1840, with a cumulative ROI of +691.86%.
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Popular Vela Exchange conversions
Check out these popular currency conversions of Vela Exchange to several fiat currencies.
Vela Exchange to USD
1 VELA to $ 0.02481 USD
Vela Exchange to GBP
1 VELA to £ 0.01980 GBP
Vela Exchange to EUR
1 VELA to € 0.02381 EUR
Vela Exchange to KRW
1 VELA to ₩ 34.85 KRW
Vela Exchange to CAD
1 VELA to $ 0.03482 CAD
Vela Exchange to AUD
1 VELA to $ 0.03815 AUD
Vela Exchange to JPY
1 VELA to ¥ 3.84 JPY
Vela Exchange to BRL
1 VELA to R$ 0.1439 BRL
Vela Exchange to CNY
1 VELA to ¥ 0.1800 CNY
Vela Exchange to TWD
1 VELA to NT$ 0.8085 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Vela Exchange.
Bitcoin to UGX
1 BTC to Sh 364,248,131.58 UGX
EGO to UGX
1 EGO to Sh 82.32 UGX
Evan to UGX
1 EVAN to Sh 74.33 UGX
MAD to UGX
1 MAD to Sh 0.1552 UGX
Dogecoin to UGX
1 DOGE to Sh 1,722.58 UGX
Stellar to UGX
1 XLM to Sh 1,617.18 UGX
Hedera to UGX
1 HBAR to Sh 556.24 UGX
Sui to UGX
1 SUI to Sh 13,279.05 UGX
Algorand to UGX
1 ALGO to Sh 1,072.22 UGX
VeChain to UGX
1 VET to Sh 162.33 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 Vela Exchange 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 Vela Exchange 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 Vela Exchange 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.
