BYTE
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 Byte(BYTE) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 BYTE at a value of 1 BYTE for 0.03 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 Byte currency pair is the BYTE to UGX, with for Byte's currency code being BYTE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
BYTE to UGX conversion rate trend
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In the past 1D, Byte has changed -2.63% to UGX. Based on the trend and price charts, Byte(BYTE) has changed -2.63% to UGX while Ugandan Shilling(UGX) has changed % to BYTE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.03045 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:30:48(UTC+0)
How to buy Byte
Create Your Free Bitget Account
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Buy Byte (BYTE)
Use a variety of payment options to buy Byte on Bitget. We'll show you how.
Buy BYTE (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of BYTE with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy BYTE 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 BYTE (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of BYTE to UGX. However, you can first exchange BYTE 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 Byte to Ugandan Shilling?
Byte to Ugandan Shilling is falling this week.Byte's current market price is Sh 0.03256 per BYTE, with a total market cap of Sh 31,405,690,566.76 UGX based on a circulating supply of 964,467,000,000 BYTE. The trading volume of Byte has changed by -14.78% (Sh -58,169,493.19 UGX) in the last 24 hours. Last trading day, BYTE's trading volume was Sh 393,659,523.76.
Market cap
$8.60M
24h volume
$91.82K
Circulating supply
964.47B BYTE
Conversion tables
The exchange rate of Byte is decreasing.1 BYTE is currently valued at Sh 0.03256 UGX , which means buying 5 BYTE will cost Sh 0.1628 UGX . Similarly, Sh1 UGX can be traded for 30.71 BYTE, and Sh50 UGX can be converted to 1,535.5 BYTE, excluding any platform or gas fees.
The exchange rate of 1 BYTE to Ugandan Shilling has changed by -28.99% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.63%, reaching a high of 0.03373 UGX and a low of 0.03045 UGX . One month ago, the value of 1 BYTE was Sh 0.04815 UGX , which represents a -32.38% change from its current value. Over the last year, Byte has changed by , resulting in a change of +38.27% in its value.
+Sh
0.009012UGXBYTE to UGX
Amount
18:18 today
0.5 BYTE
Sh0.01628
1 BYTE
Sh0.03256
5 BYTE
Sh0.1628
10 BYTE
Sh0.3256
50 BYTE
Sh1.63
100 BYTE
Sh3.26
500 BYTE
Sh16.28
1000 BYTE
Sh32.56
UGX to BYTE
Amount18:18 today
0.5UGX15.35 BYTE
1UGX30.71 BYTE
5UGX153.55 BYTE
10UGX307.1 BYTE
50UGX1,535.5 BYTE
100UGX3,070.99 BYTE
500UGX15,354.97 BYTE
1000UGX30,709.95 BYTE
Today vs. 24 hours ago
| Amount | 18:18 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BYTE | $0.{5}4456 | $0.{5}4576 | -2.63% |
| 1 BYTE | $0.{5}8912 | $0.{5}9153 | -2.63% |
| 5 BYTE | $0.{4}4456 | $0.{4}4576 | -2.63% |
| 10 BYTE | $0.{4}8912 | $0.{4}9153 | -2.63% |
| 50 BYTE | $0.0004456 | $0.0004576 | -2.63% |
| 100 BYTE | $0.0008912 | $0.0009153 | -2.63% |
| 500 BYTE | $0.004456 | $0.004576 | -2.63% |
| 1000 BYTE | $0.008912 | $0.009153 | -2.63% |
Today vs. 1 month ago
| Amount | 18:18 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BYTE | $0.{5}4456 | $0.{5}6590 | -32.38% |
| 1 BYTE | $0.{5}8912 | $0.{4}1318 | -32.38% |
| 5 BYTE | $0.{4}4456 | $0.{4}6590 | -32.38% |
| 10 BYTE | $0.{4}8912 | $0.0001318 | -32.38% |
| 50 BYTE | $0.0004456 | $0.0006590 | -32.38% |
| 100 BYTE | $0.0008912 | $0.001318 | -32.38% |
| 500 BYTE | $0.004456 | $0.006590 | -32.38% |
| 1000 BYTE | $0.008912 | $0.01318 | -32.38% |
Today vs. 1 year ago
| Amount | 18:18 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BYTE | $0.{5}4456 | $0.{5}3223 | +38.27% |
| 1 BYTE | $0.{5}8912 | $0.{5}6446 | +38.27% |
| 5 BYTE | $0.{4}4456 | $0.{4}3223 | +38.27% |
| 10 BYTE | $0.{4}8912 | $0.{4}6446 | +38.27% |
| 50 BYTE | $0.0004456 | $0.0003223 | +38.27% |
| 100 BYTE | $0.0008912 | $0.0006446 | +38.27% |
| 500 BYTE | $0.004456 | $0.003223 | +38.27% |
| 1000 BYTE | $0.008912 | $0.006446 | +38.27% |
Byte price prediction
What will the price of BYTE be in 2025?
Based on BYTE's historical price performance prediction model, the price of BYTE is projected to reach $0.{4}1194 in 2025.
What will the price of BYTE be in 2030?
In 2030, the BYTE price is expected to change by -14.00%. By the end of 2030, the BYTE price is projected to reach $0.{4}1099, with a cumulative ROI of +23.55%.
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Popular Byte conversions
Check out these popular currency conversions of Byte to several fiat currencies.
Byte to USD
1 BYTE to $ 0.{5}8912 USD
Byte to GBP
1 BYTE to £ 0.{5}7092 GBP
Byte to EUR
1 BYTE to € 0.{5}8544 EUR
Byte to KRW
1 BYTE to ₩ 0.01289 KRW
Byte to CAD
1 BYTE to $ 0.{4}1280 CAD
Byte to AUD
1 BYTE to $ 0.{4}1426 AUD
Byte to JPY
1 BYTE to ¥ 0.001394 JPY
Byte to BRL
1 BYTE to R$ 0.{4}5424 BRL
Byte to CNY
1 BYTE to ¥ 0.{4}6504 CNY
Byte to TWD
1 BYTE to NT$ 0.0002908 TWD
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1 IDEX to Sh 218.83 UGX
BitTorrent [New] to UGX
1 BTT to Sh 0.004113 UGX
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1 SHOGGOTH to Sh 204.29 UGX
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FTX Token to UGX
1 FTT to Sh 10,763.79 UGX
LUCE to UGX
1 LUCE to Sh 318.21 UGX
HEX (PulseChain) to UGX
1 HEX to Sh 55.35 UGX
DeXe to UGX
1 DEXE to Sh 36,860.25 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 Byte 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 Byte 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 Byte 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.
