GEC
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 Gec(GEC) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 GEC at a value of 1 GEC for 235.20 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 Gec currency pair is the GEC to UGX, with for Gec's currency code being GEC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
GEC to UGX conversion rate trend
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In the past 1D, Gec has changed -4.94% to UGX. Based on the trend and price charts, Gec(GEC) has changed -4.94% to UGX while Ugandan Shilling(UGX) has changed % to GEC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh235.21 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/26 00:33:17(UTC+0)
How to buy Gec
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Buy Gec (GEC)
Use a variety of payment options to buy Gec on Bitget. We'll show you how.
Buy GEC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of GEC with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy GEC 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 GEC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of GEC to UGX. However, you can first exchange GEC 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 Gec to Ugandan Shilling?
Gec to Ugandan Shilling is rising this week.Gec's current market price is Sh 235.2 per GEC, with a total market cap of Sh 0 UGX based on a circulating supply of -- GEC. The trading volume of Gec has changed by -47.93% (Sh -5,724,678.53 UGX) in the last 24 hours. Last trading day, GEC's trading volume was Sh 11,944,454.72.
Market cap
$0
24h volume
$1.70K
Circulating supply
0 GEC
Conversion tables
The exchange rate of Gec is increasing.1 GEC is currently valued at Sh 235.2 UGX , which means buying 5 GEC will cost Sh 1,175.98 UGX . Similarly, Sh1 UGX can be traded for 0.004252 GEC, and Sh50 UGX can be converted to 0.2126 GEC, excluding any platform or gas fees.
The exchange rate of 1 GEC to Ugandan Shilling has changed by +2.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.94%, reaching a high of 314 UGX and a low of 224.59 UGX . One month ago, the value of 1 GEC was Sh 129.42 UGX , which represents a +81.73% change from its current value. Over the last year, Gec has changed by , resulting in a change of -79.32% in its value.
-Sh
902.28UGXGEC to UGX
Amount
05:46 am today
0.5 GEC
Sh117.6
1 GEC
Sh235.2
5 GEC
Sh1,175.98
10 GEC
Sh2,351.95
50 GEC
Sh11,759.76
100 GEC
Sh23,519.53
500 GEC
Sh117,597.63
1000 GEC
Sh235,195.25
UGX to GEC
Amount05:46 am today
0.5UGX0.002126 GEC
1UGX0.004252 GEC
5UGX0.02126 GEC
10UGX0.04252 GEC
50UGX0.2126 GEC
100UGX0.4252 GEC
500UGX2.13 GEC
1000UGX4.25 GEC
Today vs. 24 hours ago
| Amount | 05:46 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GEC | $0.03218 | $0.03385 | -4.94% |
| 1 GEC | $0.06436 | $0.06770 | -4.94% |
| 5 GEC | $0.3218 | $0.3385 | -4.94% |
| 10 GEC | $0.6436 | $0.6770 | -4.94% |
| 50 GEC | $3.22 | $3.39 | -4.94% |
| 100 GEC | $6.44 | $6.77 | -4.94% |
| 500 GEC | $32.18 | $33.85 | -4.94% |
| 1000 GEC | $64.36 | $67.7 | -4.94% |
Today vs. 1 month ago
| Amount | 05:46 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GEC | $0.03218 | $0.01771 | +81.73% |
| 1 GEC | $0.06436 | $0.03541 | +81.73% |
| 5 GEC | $0.3218 | $0.1771 | +81.73% |
| 10 GEC | $0.6436 | $0.3541 | +81.73% |
| 50 GEC | $3.22 | $1.77 | +81.73% |
| 100 GEC | $6.44 | $3.54 | +81.73% |
| 500 GEC | $32.18 | $17.71 | +81.73% |
| 1000 GEC | $64.36 | $35.41 | +81.73% |
Today vs. 1 year ago
| Amount | 05:46 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GEC | $0.03218 | $0.1556 | -79.32% |
| 1 GEC | $0.06436 | $0.3112 | -79.32% |
| 5 GEC | $0.3218 | $1.56 | -79.32% |
| 10 GEC | $0.6436 | $3.11 | -79.32% |
| 50 GEC | $3.22 | $15.56 | -79.32% |
| 100 GEC | $6.44 | $31.12 | -79.32% |
| 500 GEC | $32.18 | $155.62 | -79.32% |
| 1000 GEC | $64.36 | $311.24 | -79.32% |
Gec price prediction
What will the price of GEC be in 2025?
Based on GEC's historical price performance prediction model, the price of GEC is projected to reach $0.1085 in 2025.
What will the price of GEC be in 2030?
In 2030, the GEC price is expected to change by -1.00%. By the end of 2030, the GEC price is projected to reach $0.1133, with a cumulative ROI of +117.97%.
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Popular Gec conversions
Check out these popular currency conversions of Gec to several fiat currencies.
Gec to USD
1 GEC to $ 0.06436 USD
Gec to GBP
1 GEC to £ 0.05131 GBP
Gec to EUR
1 GEC to € 0.06188 EUR
Gec to KRW
1 GEC to ₩ 94.19 KRW
Gec to CAD
1 GEC to $ 0.09240 CAD
Gec to AUD
1 GEC to $ 0.1031 AUD
Gec to JPY
1 GEC to ¥ 10.13 JPY
Gec to BRL
1 GEC to R$ 0.4334 BRL
Gec to CNY
1 GEC to ¥ 0.4700 CNY
Gec to TWD
1 GEC to NT$ 2.11 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 Gec 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 Gec 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 Gec 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.
