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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.93%
New listings on Bitget: Pi Network
BTC/USDT$84828.79 (-0.50%)Fear and Greed Index44(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$157.8M (1D); -$22M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.93%
New listings on Bitget: Pi Network
BTC/USDT$84828.79 (-0.50%)Fear and Greed Index44(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$157.8M (1D); -$22M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
PEN
UGX
Last updated as of 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 Pentagon Games(PEN) to Ugandan shilling(UGX). This is the real-time data. The current conversion shows 1 PEN at a value of 1 PEN for 21.52 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 Pentagon Games currency pair is the PEN to UGX, with for Pentagon Games's currency code being PEN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
PEN to UGX conversion rate trend
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In the past 1D, Pentagon Games has changed -1.77% to UGX. Based on the trend and price charts, Pentagon Games(PEN) has changed -1.77% to UGX while Ugandan shilling(UGX) has changed % to PEN in the last 24 hours.
PEN to UGX market statistics
PEN/UGX:
Sh 21.52
PEN 24h volume:
Sh 324,007,061.91
PEN market cap:
Sh 913,247,142.75
PEN circulating supply:
42.43M PEN
More info about Pentagon Games on Bitget
Current PEN to UGX exchange rate
Pentagon Games to Ugandan shilling is falling this week.Pentagon Games's current market price is Sh 21.52 per PEN, with a total market cap of Sh 913,247,142.75 UGX based on a circulating supply of 42,432,700 PEN. The trading volume of Pentagon Games has changed by +10.60% (Sh 31,050,469.26 UGX) in the last 24 hours. Last trading day, PEN's trading volume was Sh 292,956,592.66.
PEN to UGX Conversion tables
The exchange rate of Pentagon Games is decreasing.1 PEN is currently valued at Sh 21.52 UGX , which means buying 5 PEN will cost Sh 107.61 UGX . Similarly, Sh1 UGX can be traded for 0.04646 PEN, and Sh50 UGX can be converted to 2.32 PEN, excluding any platform or gas fees.
The exchange rate of 1 PEN to Ugandan shilling has changed by -15.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.77%, reaching a high of 22.43 UGX and a low of 20.86 UGX . One month ago, the value of 1 PEN was Sh 39.57 UGX , which represents a -45.61% change from its current value. Over the last year, Pentagon Games has changed by , resulting in a change of -96.12% in its value.
+Sh
21.53UGXPEN to UGX
Amount
21:07 today
0.5 PEN
Sh10.76
1 PEN
Sh21.52
5 PEN
Sh107.61
10 PEN
Sh215.22
50 PEN
Sh1,076.11
100 PEN
Sh2,152.22
500 PEN
Sh10,761.12
1000 PEN
Sh21,522.25
UGX to PEN
Amount21:07 today
0.5UGX0.02323 PEN
1UGX0.04646 PEN
5UGX0.2323 PEN
10UGX0.4646 PEN
50UGX2.32 PEN
100UGX4.65 PEN
500UGX23.23 PEN
1000UGX46.46 PEN
PEN to UGX Today vs. 24 hours ago
| Amount | 21:07 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PEN | Sh10.76 | Sh10.96 | -1.77% |
| 1 PEN | Sh21.52 | Sh21.91 | -1.77% |
| 5 PEN | Sh107.61 | Sh109.55 | -1.77% |
| 10 PEN | Sh215.22 | Sh219.11 | -1.77% |
| 50 PEN | Sh1,076.11 | Sh1,095.53 | -1.77% |
| 100 PEN | Sh2,152.22 | Sh2,191.06 | -1.77% |
| 500 PEN | Sh10,761.12 | Sh10,955.3 | -1.77% |
| 1000 PEN | Sh21,522.25 | Sh21,910.6 | -1.77% |
PEN to UGX Today vs. 1 month ago
| Amount | 21:07 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PEN | Sh10.76 | Sh19.79 | -45.61% |
| 1 PEN | Sh21.52 | Sh39.57 | -45.61% |
| 5 PEN | Sh107.61 | Sh197.86 | -45.61% |
| 10 PEN | Sh215.22 | Sh395.72 | -45.61% |
| 50 PEN | Sh1,076.11 | Sh1,978.59 | -45.61% |
| 100 PEN | Sh2,152.22 | Sh3,957.19 | -45.61% |
| 500 PEN | Sh10,761.12 | Sh19,785.93 | -45.61% |
| 1000 PEN | Sh21,522.25 | Sh39,571.86 | -45.61% |
PEN to UGX Today vs. 1 year ago
| Amount | 21:07 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PEN | Sh10.76 | Sh-0.002164 | -96.12% |
| 1 PEN | Sh21.52 | Sh-0.004328 | -96.12% |
| 5 PEN | Sh107.61 | Sh-0.02164 | -96.12% |
| 10 PEN | Sh215.22 | Sh-0.04328 | -96.12% |
| 50 PEN | Sh1,076.11 | Sh-0.2164 | -96.12% |
| 100 PEN | Sh2,152.22 | Sh-0.4328 | -96.12% |
| 500 PEN | Sh10,761.12 | Sh-2.1638 | -96.12% |
| 1000 PEN | Sh21,522.25 | Sh-4.3276 | -96.12% |
How to convert PEN to UGX
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert PEN to UGX
Use a variety of payment options to buy Pentagon Games on Bitget. We'll show you how.
Buy PEN (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of PEN with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy PEN 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 PEN (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of PEN to UGX. However, you can first exchange PEN 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 PEN to UGX?
There are many factors that affect the relationship between Pentagon Games and Ugandan Shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PEN/UGX. When there is positive news in the market about the widespread adoption of PEN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PEN/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PEN/UGX.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PEN/UGX. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Pentagon Games and adjust their investment strategies accordingly in the evolving market.
Pentagon Games price prediction
What will the price of PEN be in 2026?
Based on PEN's historical price performance prediction model, the price of PEN is projected to reach $0.01244 in 2026.
What will the price of PEN be in 2031?
In 2031, the PEN price is expected to change by +31.00%. By the end of 2031, the PEN price is projected to reach $0.03450, with a cumulative ROI of +497.31%.
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Popular Pentagon Games Converter
Check out these popular currency conversions of Pentagon Games to several fiat currencies.
PEN to UGX
1 PEN to Sh 21.52 UGX
PEN to TWD
1 PEN to NT$ 0.1957 TWD
PEN to CNY
1 PEN to ¥ 0.04294 CNY
PEN to USD
1 PEN to $ 0.005903 USD
PEN to EUR
1 PEN to € 0.005442 EUR
PEN to CAD
1 PEN to $ 0.008452 CAD
PEN to KRW
1 PEN to ₩ 8.65 KRW
PEN to JPY
1 PEN to ¥ 0.8856 JPY
PEN to GBP
1 PEN to £ 0.004548 GBP
PEN to BRL
1 PEN to R$ 0.03364 BRL
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Pentagon Games.
BTC to UGX
1 BTC to Sh 312,295,639.28 UGX
PI to UGX
1 PI to Sh 2,451.12 UGX
SOL to UGX
1 SOL to Sh 467,934.94 UGX
EOS to UGX
1 EOS to Sh 3,077.62 UGX
LINK to UGX
1 LINK to Sh 50,028.37 UGX
TRUMP to UGX
1 TRUMP to Sh 37,620.04 UGX
DOGE to UGX
1 DOGE to Sh 626.63 UGX
LTC to UGX
1 LTC to Sh 313,316.98 UGX
SHIB to UGX
1 SHIB to Sh 0.04598 UGX
PEPE to UGX
1 PEPE to Sh 0.02756 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 Pentagon Games 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 Pentagon Games 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 Pentagon Games 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.
