FAR
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 Farcana(FAR) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 FAR at a value of 1 FAR for 55.31 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 Farcana currency pair is the FAR to UGX, with for Farcana's currency code being FAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
FAR to UGX conversion rate trend
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In the past 1D, Farcana has changed -12.56% to UGX. Based on the trend and price charts, Farcana(FAR) has changed -12.56% to UGX while Ugandan Shilling(UGX) has changed % to FAR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh54.98 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh55.39 | 0.1000% / 0.1000% | Yes |
Bybit | Sh55.94 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 00:00:26(UTC+0)
How to buy Farcana
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Farcana (FAR)
Use a variety of payment options to buy Farcana on Bitget. We'll show you how.
Buy FAR (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of FAR with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy FAR 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 FAR (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of FAR to UGX. However, you can first exchange FAR 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 Farcana to Ugandan Shilling?
Farcana to Ugandan Shilling is rising this week.Farcana's current market price is Sh 55.31 per FAR, with a total market cap of Sh 66,138,135,980.46 UGX based on a circulating supply of 1,195,870,000 FAR. The trading volume of Farcana has changed by -18.63% (Sh -5,371,796,997.87 UGX) in the last 24 hours. Last trading day, FAR's trading volume was Sh 28,833,193,766.53.
Market cap
$18.10M
24h volume
$6.42M
Circulating supply
1.20B FAR
Conversion tables
The exchange rate of Farcana is increasing.1 FAR is currently valued at Sh 55.31 UGX , which means buying 5 FAR will cost Sh 276.53 UGX . Similarly, Sh1 UGX can be traded for 0.01808 FAR, and Sh50 UGX can be converted to 0.9041 FAR, excluding any platform or gas fees.
The exchange rate of 1 FAR to Ugandan Shilling has changed by +11.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by -12.56%, reaching a high of 63.92 UGX and a low of 51.97 UGX . One month ago, the value of 1 FAR was Sh 29.04 UGX , which represents a +90.34% change from its current value. Over the last year, Farcana has changed by , resulting in a change of -92.47% in its value.
-Sh
679.36UGXFAR to UGX
Amount
07:32 am today
0.5 FAR
Sh27.65
1 FAR
Sh55.31
5 FAR
Sh276.53
10 FAR
Sh553.05
50 FAR
Sh2,765.27
100 FAR
Sh5,530.55
500 FAR
Sh27,652.73
1000 FAR
Sh55,305.45
UGX to FAR
Amount07:32 am today
0.5UGX0.009041 FAR
1UGX0.01808 FAR
5UGX0.09041 FAR
10UGX0.1808 FAR
50UGX0.9041 FAR
100UGX1.81 FAR
500UGX9.04 FAR
1000UGX18.08 FAR
Today vs. 24 hours ago
| Amount | 07:32 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FAR | $0.007569 | $0.008656 | -12.56% |
| 1 FAR | $0.01514 | $0.01731 | -12.56% |
| 5 FAR | $0.07569 | $0.08656 | -12.56% |
| 10 FAR | $0.1514 | $0.1731 | -12.56% |
| 50 FAR | $0.7569 | $0.8656 | -12.56% |
| 100 FAR | $1.51 | $1.73 | -12.56% |
| 500 FAR | $7.57 | $8.66 | -12.56% |
| 1000 FAR | $15.14 | $17.31 | -12.56% |
Today vs. 1 month ago
| Amount | 07:32 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FAR | $0.007569 | $0.003975 | +90.34% |
| 1 FAR | $0.01514 | $0.007949 | +90.34% |
| 5 FAR | $0.07569 | $0.03975 | +90.34% |
| 10 FAR | $0.1514 | $0.07949 | +90.34% |
| 50 FAR | $0.7569 | $0.3975 | +90.34% |
| 100 FAR | $1.51 | $0.7949 | +90.34% |
| 500 FAR | $7.57 | $3.97 | +90.34% |
| 1000 FAR | $15.14 | $7.95 | +90.34% |
Today vs. 1 year ago
| Amount | 07:32 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FAR | $0.007569 | $0.1005 | -92.47% |
| 1 FAR | $0.01514 | $0.2011 | -92.47% |
| 5 FAR | $0.07569 | $1.01 | -92.47% |
| 10 FAR | $0.1514 | $2.01 | -92.47% |
| 50 FAR | $0.7569 | $10.05 | -92.47% |
| 100 FAR | $1.51 | $20.11 | -92.47% |
| 500 FAR | $7.57 | $100.54 | -92.47% |
| 1000 FAR | $15.14 | $201.08 | -92.47% |
Farcana price prediction
What will the price of FAR be in 2025?
Based on FAR's historical price performance prediction model, the price of FAR is projected to reach $0.04971 in 2025.
What will the price of FAR be in 2030?
In 2030, the FAR price is expected to change by +7.00%. By the end of 2030, the FAR price is projected to reach $0.07440, with a cumulative ROI of +336.71%.
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Popular Farcana conversions
Check out these popular currency conversions of Farcana to several fiat currencies.
Farcana to USD
1 FAR to $ 0.01514 USD
Farcana to GBP
1 FAR to £ 0.01204 GBP
Farcana to EUR
1 FAR to € 0.01451 EUR
Farcana to KRW
1 FAR to ₩ 21.89 KRW
Farcana to CAD
1 FAR to $ 0.02176 CAD
Farcana to AUD
1 FAR to $ 0.02421 AUD
Farcana to JPY
1 FAR to ¥ 2.37 JPY
Farcana to BRL
1 FAR to R$ 0.09212 BRL
Farcana to CNY
1 FAR to ¥ 0.1105 CNY
Farcana to TWD
1 FAR to NT$ 0.4939 TWD
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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 Farcana 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 Farcana 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 Farcana 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.
