IOTA
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 IOTA(IOTA) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 IOTA at a value of 1 IOTA for 584.23 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 IOTA currency pair is the IOTA to UGX, with for IOTA's currency code being IOTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
IOTA to UGX conversion rate trend
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In the past 1D, IOTA has changed -3.43% to UGX. Based on the trend and price charts, IOTA(IOTA) has changed -3.43% to UGX while Ugandan Shilling(UGX) has changed % to IOTA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh607.81 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh604.45 | 0.1000% / 0.1000% | Yes |
OKX | Sh605.55 | 0.080% / 0.100% | Yes |
Huobi | Sh604.08 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh605.19 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh605.55 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/17 08:00:17(UTC+0)
How to buy IOTA
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Buy IOTA (IOTA)
Use a variety of payment options to buy IOTA on Bitget. We'll show you how.
Buy IOTA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of IOTA with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy IOTA with USDT via Bitget spot market.
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Sell IOTA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of IOTA to UGX. However, you can first exchange IOTA for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of IOTA to Ugandan Shilling?
IOTA to Ugandan Shilling is rising this week.IOTA's current market price is Sh 584.23 per IOTA, with a total market cap of Sh 2,054,474,815,145.26 UGX based on a circulating supply of 3,516,571,100 IOTA. The trading volume of IOTA has changed by -32.59% (Sh -42,218,356,747.01 UGX) in the last 24 hours. Last trading day, IOTA's trading volume was Sh 129,563,777,035.48.
Market cap
$558.10M
24h volume
$23.73M
Circulating supply
3.52B IOTA
Conversion tables
The exchange rate of IOTA is increasing.1 IOTA is currently valued at Sh 584.23 UGX , which means buying 5 IOTA will cost Sh 2,921.13 UGX . Similarly, Sh1 UGX can be traded for 0.001712 IOTA, and Sh50 UGX can be converted to 0.08558 IOTA, excluding any platform or gas fees.
The exchange rate of 1 IOTA to Ugandan Shilling has changed by +17.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.43%, reaching a high of 636.89 UGX and a low of 584.03 UGX . One month ago, the value of 1 IOTA was Sh 439.16 UGX , which represents a +33.04% change from its current value. Over the last year, IOTA has changed by , resulting in a change of -11.39% in its value.
-Sh
75.08UGXIOTA to UGX
Amount
15:27 today
0.5 IOTA
Sh292.11
1 IOTA
Sh584.23
5 IOTA
Sh2,921.13
10 IOTA
Sh5,842.27
50 IOTA
Sh29,211.34
100 IOTA
Sh58,422.67
500 IOTA
Sh292,113.35
1000 IOTA
Sh584,226.7
UGX to IOTA
Amount15:27 today
0.5UGX0.0008558 IOTA
1UGX0.001712 IOTA
5UGX0.008558 IOTA
10UGX0.01712 IOTA
50UGX0.08558 IOTA
100UGX0.1712 IOTA
500UGX0.8558 IOTA
1000UGX1.71 IOTA
Today vs. 24 hours ago
| Amount | 15:27 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 IOTA | $0.07935 | $0.08217 | -3.43% |
| 1 IOTA | $0.1587 | $0.1643 | -3.43% |
| 5 IOTA | $0.7935 | $0.8217 | -3.43% |
| 10 IOTA | $1.59 | $1.64 | -3.43% |
| 50 IOTA | $7.94 | $8.22 | -3.43% |
| 100 IOTA | $15.87 | $16.43 | -3.43% |
| 500 IOTA | $79.35 | $82.17 | -3.43% |
| 1000 IOTA | $158.71 | $164.35 | -3.43% |
Today vs. 1 month ago
| Amount | 15:27 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 IOTA | $0.07935 | $0.05965 | +33.04% |
| 1 IOTA | $0.1587 | $0.1193 | +33.04% |
| 5 IOTA | $0.7935 | $0.5965 | +33.04% |
| 10 IOTA | $1.59 | $1.19 | +33.04% |
| 50 IOTA | $7.94 | $5.96 | +33.04% |
| 100 IOTA | $15.87 | $11.93 | +33.04% |
| 500 IOTA | $79.35 | $59.65 | +33.04% |
| 1000 IOTA | $158.71 | $119.3 | +33.04% |
Today vs. 1 year ago
| Amount | 15:27 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 IOTA | $0.07935 | $0.08955 | -11.39% |
| 1 IOTA | $0.1587 | $0.1791 | -11.39% |
| 5 IOTA | $0.7935 | $0.8955 | -11.39% |
| 10 IOTA | $1.59 | $1.79 | -11.39% |
| 50 IOTA | $7.94 | $8.96 | -11.39% |
| 100 IOTA | $15.87 | $17.91 | -11.39% |
| 500 IOTA | $79.35 | $89.55 | -11.39% |
| 1000 IOTA | $158.71 | $179.1 | -11.39% |
IOTA price prediction
What will the price of IOTA be in 2025?
Based on IOTA's historical price performance prediction model, the price of IOTA is projected to reach $0.2295 in 2025.
What will the price of IOTA be in 2030?
In 2030, the IOTA price is expected to change by +7.00%. By the end of 2030, the IOTA price is projected to reach $0.4000, with a cumulative ROI of +190.37%.
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Popular IOTA conversions
Check out these popular currency conversions of IOTA to several fiat currencies.
IOTA to USD
1 IOTA to $ 0.1587 USD
IOTA to GBP
1 IOTA to £ 0.1258 GBP
IOTA to EUR
1 IOTA to € 0.1505 EUR
IOTA to KRW
1 IOTA to ₩ 221.54 KRW
IOTA to CAD
1 IOTA to $ 0.2238 CAD
IOTA to AUD
1 IOTA to $ 0.2456 AUD
IOTA to JPY
1 IOTA to ¥ 24.49 JPY
IOTA to BRL
1 IOTA to R$ 0.9200 BRL
IOTA to CNY
1 IOTA to ¥ 1.15 CNY
IOTA to TWD
1 IOTA to NT$ 5.15 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 IOTA 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 IOTA 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 IOTA 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.
