DRIFT
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 Drift(DRIFT) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 DRIFT at a value of 1 DRIFT for 1,586.63 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 Drift currency pair is the DRIFT to UGX, with for Drift's currency code being DRIFT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
DRIFT to UGX conversion rate trend
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In the past 1D, Drift has changed -9.68% to UGX. Based on the trend and price charts, Drift(DRIFT) has changed -9.68% to UGX while Ugandan Shilling(UGX) has changed % to DRIFT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1,652.81 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | Sh1,652.44 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh1,653.54 | 0.1000% / 0.1000% | Yes |
Bybit | Sh1,655 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh1,654.64 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/03 08:00:13(UTC+0)
How to buy Drift
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Buy Drift (DRIFT)
Use a variety of payment options to buy Drift on Bitget. We'll show you how.
Learn MoreBuy DRIFT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of DRIFT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy DRIFT 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 DRIFT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of DRIFT to UGX. However, you can first exchange DRIFT 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 Drift to Ugandan Shilling?
Drift to Ugandan Shilling is falling this week.Drift's current market price is Sh 1,586.63 per DRIFT, with a total market cap of Sh 385,166,351,897.68 UGX based on a circulating supply of 242,757,460 DRIFT. The trading volume of Drift has changed by -28.74% (Sh -18,509,543,291.64 UGX) in the last 24 hours. Last trading day, DRIFT's trading volume was Sh 64,414,179,444.15.
Market cap
$105.33M
24h volume
$12.55M
Circulating supply
242.76M DRIFT
Conversion tables
The exchange rate of Drift is decreasing.1 DRIFT is currently valued at Sh 1,586.63 UGX , which means buying 5 DRIFT will cost Sh 7,933.15 UGX . Similarly, Sh1 UGX can be traded for 0.0006303 DRIFT, and Sh50 UGX can be converted to 0.03151 DRIFT, excluding any platform or gas fees.
The exchange rate of 1 DRIFT to Ugandan Shilling has changed by -20.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.68%, reaching a high of 1,783.36 UGX and a low of 1,589.43 UGX . One month ago, the value of 1 DRIFT was Sh 2,180.8 UGX , which represents a -27.21% change from its current value. Over the last year, Drift has changed by , resulting in a change of +65.31% in its value.
+Sh
1,589.43UGXDRIFT to UGX
Amount
14:14 today
0.5 DRIFT
Sh793.32
1 DRIFT
Sh1,586.63
5 DRIFT
Sh7,933.15
10 DRIFT
Sh15,866.3
50 DRIFT
Sh79,331.52
100 DRIFT
Sh158,663.03
500 DRIFT
Sh793,315.17
1000 DRIFT
Sh1,586,630.34
UGX to DRIFT
Amount14:14 today
0.5UGX0.0003151 DRIFT
1UGX0.0006303 DRIFT
5UGX0.003151 DRIFT
10UGX0.006303 DRIFT
50UGX0.03151 DRIFT
100UGX0.06303 DRIFT
500UGX0.3151 DRIFT
1000UGX0.6303 DRIFT
Today vs. 24 hours ago
| Amount | 14:14 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DRIFT | $0.2170 | $0.2403 | -9.68% |
| 1 DRIFT | $0.4339 | $0.4805 | -9.68% |
| 5 DRIFT | $2.17 | $2.4 | -9.68% |
| 10 DRIFT | $4.34 | $4.81 | -9.68% |
| 50 DRIFT | $21.7 | $24.03 | -9.68% |
| 100 DRIFT | $43.39 | $48.05 | -9.68% |
| 500 DRIFT | $216.95 | $240.25 | -9.68% |
| 1000 DRIFT | $433.9 | $480.5 | -9.68% |
Today vs. 1 month ago
| Amount | 14:14 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DRIFT | $0.2170 | $0.2982 | -27.21% |
| 1 DRIFT | $0.4339 | $0.5964 | -27.21% |
| 5 DRIFT | $2.17 | $2.98 | -27.21% |
| 10 DRIFT | $4.34 | $5.96 | -27.21% |
| 50 DRIFT | $21.7 | $29.82 | -27.21% |
| 100 DRIFT | $43.39 | $59.64 | -27.21% |
| 500 DRIFT | $216.95 | $298.2 | -27.21% |
| 1000 DRIFT | $433.9 | $596.39 | -27.21% |
Today vs. 1 year ago
| Amount | 14:14 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DRIFT | $0.2170 | $-0.0003830 | +65.31% |
| 1 DRIFT | $0.4339 | $-0.0007660 | +65.31% |
| 5 DRIFT | $2.17 | $-0.003830 | +65.31% |
| 10 DRIFT | $4.34 | $-0.007660 | +65.31% |
| 50 DRIFT | $21.7 | $-0.03830 | +65.31% |
| 100 DRIFT | $43.39 | $-0.07660 | +65.31% |
| 500 DRIFT | $216.95 | $-0.3830 | +65.31% |
| 1000 DRIFT | $433.9 | $-0.7660 | +65.31% |
Drift price prediction
What will the price of DRIFT be in 2025?
Based on DRIFT's historical price performance prediction model, the price of DRIFT is projected to reach $0.5633 in 2025.
What will the price of DRIFT be in 2030?
In 2030, the DRIFT price is expected to change by +7.00%. By the end of 2030, the DRIFT price is projected to reach $0.6804, with a cumulative ROI of +48.97%.
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Popular Drift conversions
Check out these popular currency conversions of Drift to several fiat currencies.
Drift to USD
1 DRIFT to $ 0.4339 USD
Drift to GBP
1 DRIFT to £ 0.3358 GBP
Drift to EUR
1 DRIFT to € 0.4004 EUR
Drift to KRW
1 DRIFT to ₩ 598.93 KRW
Drift to CAD
1 DRIFT to $ 0.6060 CAD
Drift to AUD
1 DRIFT to $ 0.6615 AUD
Drift to JPY
1 DRIFT to ¥ 66.37 JPY
Drift to BRL
1 DRIFT to R$ 2.55 BRL
Drift to CNY
1 DRIFT to ¥ 3.09 CNY
Drift to TWD
1 DRIFT to NT$ 13.86 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Drift.
Grass to UGX
1 GRASS to Sh -- UGX
Bitcoin to UGX
1 BTC to Sh 248,623,818.34 UGX
Solana to UGX
1 SOL to Sh 588,398.52 UGX
Sui to UGX
1 SUI to Sh 6,603.55 UGX
Goatseus Maximus to UGX
1 GOAT to Sh 1,621.18 UGX
Ethereum to UGX
1 ETH to Sh 8,877,326.82 UGX
CARV to UGX
1 CARV to Sh 2,962.18 UGX
Dogecoin to UGX
1 DOGE to Sh 534.57 UGX
Pepe to UGX
1 PEPE to Sh 0.02955 UGX
Bittensor to UGX
1 TAO to Sh 1,533,521.74 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 Drift 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 Drift 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 Drift 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.
