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PORTX to UGX Converter and calculator

PORTX/UGX: 1 PORTX = 2.16 UGX. The price of converting 1 ChainPort (PORTX) to Ugandan shilling (UGX) is 2.16 UGX today.
PORTX
PORTX
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PORTX to UGX real-time exchange rates, making it easy to convert ChainPort (PORTX) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 PORTX is currently valued at 2.16 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PORTX is currently valued at 2.16 UGX, which means buying 5 PORTX would cost 10.80 UGX. Similarly, Sh1 UGX can be converted to 0.4630 PORTX, and Sh50 UGX can be converted to 2.31 PORTX, excluding any platform or gas fees.

Convert PORTX to UGX

Convert UGX to PORTX

ChainPort
Ugandan shilling
500 PORTX
1,079.99  UGX
1000 PORTX
2,159.99  UGX
5000 PORTX
10,799.93  UGX
10000 PORTX
21,599.86  UGX
In the table above, you'll find a comprehensive PORTX to UGX converter that shows the value of ChainPort in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 PORTX to UGX, all the way up to 10000 PORTX, providing a clear view of their respective values.
Ugandan shilling
ChainPort
5000 UGX
2,314.83 PORTX
10000 UGX
4,629.66 PORTX
50000 UGX
23,148.3 PORTX
100000 UGX
46,296.59 PORTX
In the table above, you'll find a comprehensive UGX to PORTX converter that shows the value of Ugandan shilling in ChainPort across commonly used conversion amounts. The list covers conversions from 1 UGX to PORTX, all the way up to 100000 UGX, providing a clear view of their respective values.

PORTX to UGX chart

PORTX/UGX: 1 PORTX = 2.16 UGX; 2025/04/30 19:55:38
In the past 1D, ChainPort has changed -8.50% to UGX. Based on the trend and price charts, ChainPort(PORTX) has changed -8.50% to UGX while Ugandan shilling(UGX) has changed % to PORTX in the last 24 hours.
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PORTX to UGX conversion data: Volatility and price changes of ChainPort in UGX

The highest ChainPort price in UGX over the past 7 days was 2.63 UGX while the lowest ChainPort price in UGX over the past 7 days was 1.96 UGX. The relative change between the highs and lows in ChainPort price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and PORTX 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
2.36 UGX
2.63 UGX
3.04 UGX
6.82 UGX
Low
2.13 UGX
1.96 UGX
1.96 UGX
1.71 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-8.50%
-15.06%
-18.23%
-60.95%

ChainPort information

PORTX to UGX market statistics

PORTX/UGX:
Sh2.16
PORTX 24h volume:
Sh65,969,841.01
PORTX market cap:
--
PORTX circulating supply:
0 PORTX

Current PORTX to UGX exchange rate

ChainPort to Ugandan shilling is falling this week.
ChainPort's current market price is Sh2.16 per PORTX, with a total market cap of Sh0 UGX based on a circulating supply of -- PORTX. The trading volume of ChainPort has changed by +6.08% (Sh3,782,366.57 UGX) in the last 24 hours. Last trading day, PORTX's trading volume was Sh62,187,474.44.

More info about ChainPort 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 ChainPort currency pair is the PORTX to UGX, with for ChainPort's currency code being PORTX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert PORTX to UGX

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Convert PORTX to UGX
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PORTX to UGX Conversion tables

The exchange rate of ChainPort is decreasing.
The exchange rate of 1 PORTX to Ugandan shilling has changed by -15.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.50%, reaching a high of 2.36 UGX and a low of 2.13 UGX . One month ago, the value of 1 PORTX was Sh2.64 UGX , which represents a -18.23% change from its current value. Over the last year, ChainPort has changed by
-Sh
21.74UGX
, resulting in a change of -90.96% in its value.
24 hours ago1 month ago1 year ago
Amount19:55 today24 hours ago24h change
0.5 PORTXSh1.08Sh1.18
-8.50%
1 PORTXSh2.16Sh2.36
-8.50%
5 PORTXSh10.8Sh11.8
-8.50%
10 PORTXSh21.6Sh23.61
-8.50%
50 PORTXSh108Sh118.03
-8.50%
100 PORTXSh216Sh236.06
-8.50%
500 PORTXSh1,079.99Sh1,180.29
-8.50%
1000 PORTXSh2,159.99Sh2,360.58
-8.50%

PORTX to UGX FAQ

How much is 1 ChainPort in UGX?
Right now, the price of 1 ChainPort (PORTX) in Ugandan shilling (UGX) is Sh2.16.
How much PORTX can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.4630 PORTX for 1 UGX.
How do I calculate or convert PORTX to UGX?
You can use our PORTX to UGX calculator at the top of this page to convert any amount of PORTX to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 2.31 PORTX, while 5 PORTX will cost around 10.8UGX.
What is the highest price of PORTX/UGX in history?
The all-time high price of 1 PORTX in UGX is Sh448,397.3. It remains to be seen if the value of 1 PORTX/UGX will exceed the current all-time high.
What is the price trend of ChainPort in UGX?
Over the past 7 days, the exchange rate of ChainPort (PORTX) has gone down by 15.06%.   Over the last month, the exchange rate of ChainPort (PORTX) has gone down by 18.23% against Ugandan shilling (UGX).

What factors influence the conversion rate of PORTX to UGX?

There are many factors that affect the relationship between ChainPort 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 PORTX/UGX. When there is positive news in the market about the widespread adoption of PORTX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PORTX/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PORTX/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 PORTX/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 ChainPort 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.