LOOT
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 Lootex(LOOT) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 LOOT at a value of 1 LOOT for 77.96 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 Lootex currency pair is the LOOT to UGX, with for Lootex's currency code being LOOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
LOOT to UGX conversion rate trend
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In the past 1D, Lootex has changed -3.43% to UGX. Based on the trend and price charts, Lootex(LOOT) has changed -3.43% to UGX while Ugandan Shilling(UGX) has changed % to LOOT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh78 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | Sh81.13 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh79.96 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/27 00:00:16(UTC+0)
How to buy Lootex
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 Lootex (LOOT)
Use a variety of payment options to buy Lootex on Bitget. We'll show you how.
Buy LOOT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of LOOT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy LOOT 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 LOOT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of LOOT to UGX. However, you can first exchange LOOT 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 Lootex to Ugandan Shilling?
Lootex to Ugandan Shilling is falling this week.Lootex's current market price is Sh 77.96 per LOOT, with a total market cap of Sh 0 UGX based on a circulating supply of -- LOOT. The trading volume of Lootex has changed by -15.39% (Sh -29,168,527.93 UGX) in the last 24 hours. Last trading day, LOOT's trading volume was Sh 189,514,319.39.
Market cap
$0
24h volume
$43.87K
Circulating supply
0 LOOT
Conversion tables
The exchange rate of Lootex is increasing.1 LOOT is currently valued at Sh 77.96 UGX , which means buying 5 LOOT will cost Sh 389.81 UGX . Similarly, Sh1 UGX can be traded for 0.01283 LOOT, and Sh50 UGX can be converted to 0.6413 LOOT, excluding any platform or gas fees.
The exchange rate of 1 LOOT to Ugandan Shilling has changed by -16.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.43%, reaching a high of 81.99 UGX and a low of 77.51 UGX . One month ago, the value of 1 LOOT was Sh 56.76 UGX , which represents a +37.33% change from its current value. Over the last year, Lootex has changed by , resulting in a change of -53.44% in its value.
-Sh
89.52UGXLOOT to UGX
Amount
05:01 am today
0.5 LOOT
Sh38.98
1 LOOT
Sh77.96
5 LOOT
Sh389.81
10 LOOT
Sh779.63
50 LOOT
Sh3,898.14
100 LOOT
Sh7,796.29
500 LOOT
Sh38,981.44
1000 LOOT
Sh77,962.88
UGX to LOOT
Amount05:01 am today
0.5UGX0.006413 LOOT
1UGX0.01283 LOOT
5UGX0.06413 LOOT
10UGX0.1283 LOOT
50UGX0.6413 LOOT
100UGX1.28 LOOT
500UGX6.41 LOOT
1000UGX12.83 LOOT
Today vs. 24 hours ago
| Amount | 05:01 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LOOT | $0.01067 | $0.01105 | -3.43% |
| 1 LOOT | $0.02133 | $0.02209 | -3.43% |
| 5 LOOT | $0.1067 | $0.1105 | -3.43% |
| 10 LOOT | $0.2133 | $0.2209 | -3.43% |
| 50 LOOT | $1.07 | $1.1 | -3.43% |
| 100 LOOT | $2.13 | $2.21 | -3.43% |
| 500 LOOT | $10.67 | $11.05 | -3.43% |
| 1000 LOOT | $21.33 | $22.09 | -3.43% |
Today vs. 1 month ago
| Amount | 05:01 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LOOT | $0.01067 | $0.007766 | +37.33% |
| 1 LOOT | $0.02133 | $0.01553 | +37.33% |
| 5 LOOT | $0.1067 | $0.07766 | +37.33% |
| 10 LOOT | $0.2133 | $0.1553 | +37.33% |
| 50 LOOT | $1.07 | $0.7766 | +37.33% |
| 100 LOOT | $2.13 | $1.55 | +37.33% |
| 500 LOOT | $10.67 | $7.77 | +37.33% |
| 1000 LOOT | $21.33 | $15.53 | +37.33% |
Today vs. 1 year ago
| Amount | 05:01 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LOOT | $0.01067 | $0.02291 | -53.44% |
| 1 LOOT | $0.02133 | $0.04583 | -53.44% |
| 5 LOOT | $0.1067 | $0.2291 | -53.44% |
| 10 LOOT | $0.2133 | $0.4583 | -53.44% |
| 50 LOOT | $1.07 | $2.29 | -53.44% |
| 100 LOOT | $2.13 | $4.58 | -53.44% |
| 500 LOOT | $10.67 | $22.91 | -53.44% |
| 1000 LOOT | $21.33 | $45.83 | -53.44% |
Lootex price prediction
What will the price of LOOT be in 2025?
Based on LOOT's historical price performance prediction model, the price of LOOT is projected to reach $0.03313 in 2025.
What will the price of LOOT be in 2030?
In 2030, the LOOT price is expected to change by +2.00%. By the end of 2030, the LOOT price is projected to reach $0.07121, with a cumulative ROI of +220.71%.
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Popular Lootex conversions
Check out these popular currency conversions of Lootex to several fiat currencies.
Lootex to USD
1 LOOT to $ 0.02133 USD
Lootex to GBP
1 LOOT to £ 0.01703 GBP
Lootex to EUR
1 LOOT to € 0.02049 EUR
Lootex to KRW
1 LOOT to ₩ 31.55 KRW
Lootex to CAD
1 LOOT to $ 0.03074 CAD
Lootex to AUD
1 LOOT to $ 0.03433 AUD
Lootex to JPY
1 LOOT to ¥ 3.36 JPY
Lootex to BRL
1 LOOT to R$ 0.1319 BRL
Lootex to CNY
1 LOOT to ¥ 0.1557 CNY
Lootex to TWD
1 LOOT to NT$ 0.6983 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Lootex.
Bitcoin to UGX
1 BTC to Sh 351,584,935.44 UGX
XRP to UGX
1 XRP to Sh 7,936.62 UGX
Ethereum to UGX
1 ETH to Sh 12,329,350.06 UGX
Solana to UGX
1 SOL to Sh 693,076.09 UGX
Bitget Token to UGX
1 BGB to Sh 28,093.35 UGX
GMT to UGX
1 GMT to Sh 585.35 UGX
Sui to UGX
1 SUI to Sh 15,325.62 UGX
Cardano to UGX
1 ADA to Sh 3,181.77 UGX
FTX Token to UGX
1 FTT to Sh 13,913.81 UGX
Ondo to UGX
1 ONDO to Sh 5,423.77 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 Lootex 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 Lootex 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 Lootex 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.
