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AXIS to UGX Converter and calculator

AXIS/UGX: 1 AXIS = 109.4 UGX. The price of converting 1 Axis DeFi (AXIS) to Ugandan shilling (UGX) is 109.4 UGX today.
AXIS
AXIS
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides AXIS to UGX real-time exchange rates, making it easy to convert Axis DeFi (AXIS) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 AXIS is currently valued at 109.40 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 AXIS is currently valued at 109.40 UGX, which means buying 5 AXIS would cost 546.99 UGX. Similarly, Sh1 UGX can be converted to 0.009141 AXIS, and Sh50 UGX can be converted to 0.04570 AXIS, excluding any platform or gas fees.

Convert AXIS to UGX

Convert UGX to AXIS

Axis DeFi
Ugandan shilling
10 AXIS
1,093.98  UGX
20 AXIS
2,187.95  UGX
50 AXIS
5,469.88  UGX
100 AXIS
10,939.76  UGX
200 AXIS
21,879.52  UGX
500 AXIS
54,698.81  UGX
1000 AXIS
109,397.62  UGX
5000 AXIS
546,988.08  UGX
10000 AXIS
1,093,976.16  UGX
In the table above, you'll find a comprehensive AXIS to UGX converter that shows the value of Axis DeFi in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 AXIS to UGX, all the way up to 10000 AXIS, providing a clear view of their respective values.
Ugandan shilling
Axis DeFi
In the table above, you'll find a comprehensive UGX to AXIS converter that shows the value of Ugandan shilling in Axis DeFi across commonly used conversion amounts. The list covers conversions from 1 UGX to AXIS, all the way up to 100000 UGX, providing a clear view of their respective values.

AXIS to UGX chart

AXIS/UGX: 1 AXIS = 109.4 UGX; 2025/04/29 21:48:45
In the past 1D, Axis DeFi has changed +4.97% to UGX. Based on the trend and price charts, Axis DeFi(AXIS) has changed +4.97% to UGX while Ugandan shilling(UGX) has changed % to AXIS in the last 24 hours.
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AXIS to UGX conversion data: Volatility and price changes of Axis DeFi in UGX

The highest Axis DeFi price in UGX over the past 7 days was 134.69 UGX while the lowest Axis DeFi price in UGX over the past 7 days was 99.78 UGX. The relative change between the highs and lows in Axis DeFi price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and AXIS to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
110.49 UGX
134.69 UGX
186.69 UGX
186.69 UGX
Low
104.17 UGX
99.78 UGX
91.96 UGX
91.96 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+4.97%
+9.13%
-19.33%
-34.47%

Axis DeFi information

AXIS to UGX market statistics

AXIS/UGX:
Sh109.4
AXIS 24h volume:
Sh224,145,492.34
AXIS market cap:
Sh228,028,498.33
AXIS circulating supply:
2.08M AXIS

Current AXIS to UGX exchange rate

Axis DeFi to Ugandan shilling is rising this week.
Axis DeFi's current market price is Sh109.4 per AXIS, with a total market cap of Sh228,028,498.33 UGX based on a circulating supply of 2,084,401 AXIS. The trading volume of Axis DeFi has changed by -37.22% (Sh-132,862,196.41 UGX) in the last 24 hours. Last trading day, AXIS's trading volume was Sh357,007,688.75.

More info about Axis DeFi on Bitget

Ugandan shilling 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 Axis DeFi currency pair is the AXIS to UGX, with for Axis DeFi's currency code being AXIS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert AXIS to UGX

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Convert AXIS to UGX
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AXIS to UGX Conversion tables

The exchange rate of Axis DeFi is decreasing.
The exchange rate of 1 AXIS to Ugandan shilling has changed by +9.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.97%, reaching a high of 110.49 UGX and a low of 104.17 UGX . One month ago, the value of 1 AXIS was Sh135.63 UGX , which represents a -19.33% change from its current value. Over the last year, Axis DeFi has changed by
-Sh
205.39UGX
, resulting in a change of -65.22% in its value.
24 hours ago1 month ago1 year ago
Amount21:48 today24 hours ago24h change
0.5 AXISSh54.7Sh52.11
+4.97%
1 AXISSh109.4Sh104.21
+4.97%
5 AXISSh546.99Sh521.06
+4.97%
10 AXISSh1,093.98Sh1,042.13
+4.97%
50 AXISSh5,469.88Sh5,210.63
+4.97%
100 AXISSh10,939.76Sh10,421.25
+4.97%
500 AXISSh54,698.81Sh52,106.27
+4.97%
1000 AXISSh109,397.62Sh104,212.54
+4.97%

AXIS to UGX FAQ

How much is 1 Axis DeFi in UGX?
Right now, the price of 1 Axis DeFi (AXIS) in Ugandan shilling (UGX) is Sh109.4.
How much AXIS can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.009141 AXIS for 1 UGX.
How do I calculate or convert AXIS to UGX?
You can use our AXIS to UGX calculator at the top of this page to convert any amount of AXIS to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.04570 AXIS, while 5 AXIS will cost around 546.99UGX.
What is the highest price of AXIS/UGX in history?
The all-time high price of 1 AXIS in UGX is Sh14,526.85. It remains to be seen if the value of 1 AXIS/UGX will exceed the current all-time high.
What is the price trend of Axis DeFi in UGX?
Over the past 7 days, the exchange rate of Axis DeFi (AXIS) has gone up by 9.13%.   Over the last month, the exchange rate of Axis DeFi (AXIS) has gone down by 19.33% against Ugandan shilling (UGX).

What factors influence the conversion rate of AXIS to UGX?

There are many factors that affect the relationship between Axis DeFi and Ugandan shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of AXIS/UGX. When there is positive news in the market about the widespread adoption of AXIS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of AXIS/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in AXIS/UGX.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of AXIS/UGX. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Axis DeFi and adjust their investment strategies accordingly in the evolving market.

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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.