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DRC to UGX Converter and calculator

DRC/UGX: 1 DRC = 0.4966 UGX. The price of converting 1 Digital Reserve Currency (DRC) to Ugandan shilling (UGX) is 0.4966 UGX today.
DRC
DRC
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DRC to UGX real-time exchange rates, making it easy to convert Digital Reserve Currency (DRC) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 DRC is currently valued at 0.50 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DRC is currently valued at 0.50 UGX, which means buying 5 DRC would cost 2.48 UGX. Similarly, Sh1 UGX can be converted to 2.01 DRC, and Sh50 UGX can be converted to 10.07 DRC, excluding any platform or gas fees.

Convert DRC to UGX

Convert UGX to DRC

Digital Reserve Currency
Ugandan shilling
5000 DRC
2,483.19  UGX
10000 DRC
4,966.38  UGX
In the table above, you'll find a comprehensive DRC to UGX converter that shows the value of Digital Reserve Currency in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 DRC to UGX, all the way up to 10000 DRC, providing a clear view of their respective values.
Ugandan shilling
Digital Reserve Currency
100000 UGX
201,353.99 DRC
In the table above, you'll find a comprehensive UGX to DRC converter that shows the value of Ugandan shilling in Digital Reserve Currency across commonly used conversion amounts. The list covers conversions from 1 UGX to DRC, all the way up to 100000 UGX, providing a clear view of their respective values.

DRC to UGX chart

DRC/UGX: 1 DRC = 0.4966 UGX; 2025/04/26 10:29:28
In the past 1D, Digital Reserve Currency has changed -0.07% to UGX. Based on the trend and price charts, Digital Reserve Currency(DRC) has changed -0.07% to UGX while Ugandan shilling(UGX) has changed % to DRC in the last 24 hours.
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DRC to UGX conversion data: Volatility and price changes of Digital Reserve Currency in UGX

The highest Digital Reserve Currency price in UGX over the past 7 days was 0.5128 UGX while the lowest Digital Reserve Currency price in UGX over the past 7 days was 0.4648 UGX. The relative change between the highs and lows in Digital Reserve Currency price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and DRC 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
0.4997 UGX
0.5128 UGX
0.5296 UGX
0.8223 UGX
Low
0.4933 UGX
0.4648 UGX
0.3622 UGX
0.3622 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-0.07%
-0.05%
-6.04%
-37.96%

Digital Reserve Currency information

DRC to UGX market statistics

DRC/UGX:
Sh0.4966
DRC 24h volume:
Sh151,700.06
DRC market cap:
Sh496,637,766.92
DRC circulating supply:
1.00B DRC

Current DRC to UGX exchange rate

Digital Reserve Currency to Ugandan shilling is falling this week.
Digital Reserve Currency's current market price is Sh0.4966 per DRC, with a total market cap of Sh496,637,766.92 UGX based on a circulating supply of 1,000,000,000 DRC. The trading volume of Digital Reserve Currency has changed by +0.94% (Sh1,405.85 UGX) in the last 24 hours. Last trading day, DRC's trading volume was Sh150,294.21.

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

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How to convert DRC to UGX

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DRC to UGX Conversion tables

The exchange rate of Digital Reserve Currency is decreasing.
The exchange rate of 1 DRC to Ugandan shilling has changed by -0.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.07%, reaching a high of 0.4997 UGX and a low of 0.4933 UGX . One month ago, the value of 1 DRC was Sh0.5285 UGX , which represents a -6.04% change from its current value. Over the last year, Digital Reserve Currency has changed by
-Sh
0.4459UGX
, resulting in a change of -47.31% in its value.
24 hours ago1 month ago1 year ago
Amount10:29 am today24 hours ago24h change
0.5 DRCSh0.2483Sh0.2485
-0.07%
1 DRCSh0.4966Sh0.4970
-0.07%
5 DRCSh2.48Sh2.48
-0.07%
10 DRCSh4.97Sh4.97
-0.07%
50 DRCSh24.83Sh24.85
-0.07%
100 DRCSh49.66Sh49.7
-0.07%
500 DRCSh248.32Sh248.48
-0.07%
1000 DRCSh496.64Sh496.97
-0.07%

DRC to UGX FAQ

How much is 1 Digital Reserve Currency in UGX?
Right now, the price of 1 Digital Reserve Currency (DRC) in Ugandan shilling (UGX) is Sh0.4966.
How much DRC can I buy for 1 UGX?
Based on the current exchange rate, you can get 2.01 DRC for 1 UGX.
How do I calculate or convert DRC to UGX?
You can use our DRC to UGX calculator at the top of this page to convert any amount of DRC to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 10.07 DRC, while 5 DRC will cost around 2.48UGX.
What is the highest price of DRC/UGX in history?
The all-time high price of 1 DRC in UGX is Sh110.57. It remains to be seen if the value of 1 DRC/UGX will exceed the current all-time high.
What is the price trend of Digital Reserve Currency in UGX?
Over the past 7 days, the exchange rate of Digital Reserve Currency (DRC) has gone down by 0.05%.   Over the last month, the exchange rate of Digital Reserve Currency (DRC) has gone down by 6.04% against Ugandan shilling (UGX).

What factors influence the conversion rate of DRC to UGX?

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