KSM
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 Kusama(KSM) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 KSM at a value of 1 KSM for 121,473.71 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 Kusama currency pair is the KSM to UGX, with for Kusama's currency code being KSM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
KSM to UGX conversion rate trend
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In the past 1D, Kusama has changed -4.86% to UGX. Based on the trend and price charts, Kusama(KSM) has changed -4.86% to UGX while Ugandan Shilling(UGX) has changed % to KSM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh125,404.15 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh126,285.21 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | Sh63,693.27 | 0.1000% / 0.1000% | Yes |
OKX | Sh126,248.5 | 0.080% / 0.100% | Yes |
Huobi | Sh126,255.11 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh126,211.79 | 0.1000% / 0.1000% | Yes |
Bybit | Sh126,138.37 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh126,138.37 | 0.1000% / 0.1000% | Yes |
Bitfinex | Sh77,801.24 | 0.1000% / 0.1000% | Yes |
Last updated 2024/08/30 01:00:18(UTC+0)
How to buy Kusama
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Buy Kusama (KSM)
Use a variety of payment options to buy Kusama on Bitget. We'll show you how.
Learn MoreBuy KSM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of KSM with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy KSM with USDT via Bitget spot market.
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Sell KSM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of KSM to UGX. However, you can first exchange KSM 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 Kusama to Ugandan Shilling?
Kusama to Ugandan Shilling is rising this week.Kusama's current market price is Sh 121,473.71 per KSM, with a total market cap of Sh 1,933,197,213,683.99 UGX based on a circulating supply of 15,914,531 KSM. The trading volume of Kusama has changed by -15.53% (Sh -22,407,540,061.41 UGX) in the last 24 hours. Last trading day, KSM's trading volume was Sh 144,252,073,321.1.
Market cap
$526.60M
24h volume
$33.19M
Circulating supply
15.91M KSM
Conversion tables
The exchange rate of Kusama is decreasing.1 KSM is currently valued at Sh 121,473.71 UGX , which means buying 5 KSM will cost Sh 607,368.55 UGX . Similarly, Sh1 UGX can be traded for 0.{5}8232 KSM, and Sh50 UGX can be converted to 0.0004116 KSM, excluding any platform or gas fees.
The exchange rate of 1 KSM to Ugandan Shilling has changed by +0.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.86%, reaching a high of 130,373.18 UGX and a low of 119,821.77 UGX . One month ago, the value of 1 KSM was Sh 149,512.91 UGX , which represents a -18.76% change from its current value. Over the last year, Kusama has changed by , resulting in a change of -25.44% in its value.
-Sh
41,440.88UGXKSM to UGX
Amount
05:09 am today
0.5 KSM
Sh60,736.86
1 KSM
Sh121,473.71
5 KSM
Sh607,368.55
10 KSM
Sh1,214,737.11
50 KSM
Sh6,073,685.53
100 KSM
Sh12,147,371.06
500 KSM
Sh60,736,855.28
1000 KSM
Sh121,473,710.56
UGX to KSM
Amount05:09 am today
0.5UGX0.{5}4116 KSM
1UGX0.{5}8232 KSM
5UGX0.{4}4116 KSM
10UGX0.{4}8232 KSM
50UGX0.0004116 KSM
100UGX0.0008232 KSM
500UGX0.004116 KSM
1000UGX0.008232 KSM
Today vs. 24 hours ago
| Amount | 05:09 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 KSM | $16.54 | $17.39 | -4.86% |
| 1 KSM | $33.09 | $34.78 | -4.86% |
| 5 KSM | $165.45 | $173.9 | -4.86% |
| 10 KSM | $330.89 | $347.79 | -4.86% |
| 50 KSM | $1,654.47 | $1,738.97 | -4.86% |
| 100 KSM | $3,308.94 | $3,477.94 | -4.86% |
| 500 KSM | $16,544.68 | $17,389.72 | -4.86% |
| 1000 KSM | $33,089.35 | $34,779.44 | -4.86% |
Today vs. 1 month ago
| Amount | 05:09 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 KSM | $16.54 | $20.36 | -18.76% |
| 1 KSM | $33.09 | $40.73 | -18.76% |
| 5 KSM | $165.45 | $203.64 | -18.76% |
| 10 KSM | $330.89 | $407.27 | -18.76% |
| 50 KSM | $1,654.47 | $2,036.36 | -18.76% |
| 100 KSM | $3,308.94 | $4,072.72 | -18.76% |
| 500 KSM | $16,544.68 | $20,363.6 | -18.76% |
| 1000 KSM | $33,089.35 | $40,727.21 | -18.76% |
Today vs. 1 year ago
| Amount | 05:09 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 KSM | $16.54 | $22.19 | -25.44% |
| 1 KSM | $33.09 | $44.38 | -25.44% |
| 5 KSM | $165.45 | $221.89 | -25.44% |
| 10 KSM | $330.89 | $443.78 | -25.44% |
| 50 KSM | $1,654.47 | $2,218.89 | -25.44% |
| 100 KSM | $3,308.94 | $4,437.78 | -25.44% |
| 500 KSM | $16,544.68 | $22,188.91 | -25.44% |
| 1000 KSM | $33,089.35 | $44,377.81 | -25.44% |
Kusama price prediction
What will the price of KSM be in 2025?
Based on KSM's historical price performance prediction model, the price of KSM is projected to reach $55.72 in 2025.
What will the price of KSM be in 2030?
In 2030, the KSM price is expected to change by -19.00%. By the end of 2030, the KSM price is projected to reach $71.04, with a cumulative ROI of +113.97%.
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Popular Kusama conversions
Check out these popular currency conversions of Kusama to several fiat currencies.
Kusama to USD
1 KSM to $ 33.09 USD
Kusama to GBP
1 KSM to £ 26.37 GBP
Kusama to EUR
1 KSM to € 31.8 EUR
Kusama to KRW
1 KSM to ₩ 48,748.96 KRW
Kusama to CAD
1 KSM to $ 47.48 CAD
Kusama to AUD
1 KSM to $ 53.24 AUD
Kusama to JPY
1 KSM to ¥ 5,175.08 JPY
Kusama to BRL
1 KSM to R$ 204.44 BRL
Kusama to CNY
1 KSM to ¥ 241.76 CNY
Kusama to TWD
1 KSM to NT$ 1,085.24 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Kusama.
Bitcoin to UGX
1 BTC to Sh 338,910,013.32 UGX
XRP to UGX
1 XRP to Sh 7,399.33 UGX
Ethereum to UGX
1 ETH to Sh 12,222,174.85 UGX
Solana to UGX
1 SOL to Sh 692,414.89 UGX
Sui to UGX
1 SUI to Sh 14,986.82 UGX
Dogecoin to UGX
1 DOGE to Sh 1,136.81 UGX
Hedera to UGX
1 HBAR to Sh 984.77 UGX
Chainlink to UGX
1 LINK to Sh 74,176.81 UGX
Pepe to UGX
1 PEPE to Sh 0.06530 UGX
Fantom to UGX
1 FTM to Sh 2,659.88 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 Kusama 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 Kusama 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 Kusama 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.
