NCT
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 PolySwarm(NCT) to Ugandan shilling(UGX). This is the real-time data. The current conversion shows 1 NCT at a value of 1 NCT for 92.46 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 PolySwarm currency pair is the NCT to UGX, with for PolySwarm's currency code being NCT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
NCT to UGX conversion rate trend
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In the past 1D, PolySwarm has changed -2.81% to UGX. Based on the trend and price charts, PolySwarm(NCT) has changed -2.81% to UGX while Ugandan shilling(UGX) has changed % to NCT in the last 24 hours.
How to buy PolySwarm
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Buy PolySwarm (NCT)
Use a variety of payment options to buy PolySwarm on Bitget. We'll show you how.
Buy NCT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of NCT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy NCT with USDT via Bitget spot market.
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Sell NCT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of NCT to UGX. However, you can first exchange NCT 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 PolySwarm to Ugandan shilling?
PolySwarm to Ugandan shilling is falling this week.PolySwarm's current market price is Sh 92.46 per NCT, with a total market cap of Sh 174,330,804,149.73 UGX based on a circulating supply of 1,885,500,800 NCT. The trading volume of PolySwarm has changed by -45.19% (Sh -2,329,824,266.01 UGX) in the last 24 hours. Last trading day, NCT's trading volume was Sh 5,155,881,503.17.
Market cap
$47.46M
24h volume
$769.29K
Circulating supply
1.89B NCT
Conversion tables
The exchange rate of PolySwarm is decreasing.1 NCT is currently valued at Sh 92.46 UGX , which means buying 5 NCT will cost Sh 462.29 UGX . Similarly, Sh1 UGX can be traded for 0.01082 NCT, and Sh50 UGX can be converted to 0.5408 NCT, excluding any platform or gas fees.
The exchange rate of 1 NCT to Ugandan shilling has changed by -10.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.81%, reaching a high of 94.59 UGX and a low of 91.32 UGX . One month ago, the value of 1 NCT was Sh 111.25 UGX , which represents a -16.89% change from its current value. Over the last year, PolySwarm has changed by , resulting in a change of +30.96% in its value.
+Sh
21.86UGXNCT to UGX
Amount
15:31 today
0.5 NCT
Sh46.23
1 NCT
Sh92.46
5 NCT
Sh462.29
10 NCT
Sh924.59
50 NCT
Sh4,622.93
100 NCT
Sh9,245.86
500 NCT
Sh46,229.31
1000 NCT
Sh92,458.62
UGX to NCT
Amount15:31 today
0.5UGX0.005408 NCT
1UGX0.01082 NCT
5UGX0.05408 NCT
10UGX0.1082 NCT
50UGX0.5408 NCT
100UGX1.08 NCT
500UGX5.41 NCT
1000UGX10.82 NCT
Today vs. 24 hours ago
| Amount | 15:31 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NCT | $0.01258 | $0.01295 | -2.81% |
| 1 NCT | $0.02517 | $0.02590 | -2.81% |
| 5 NCT | $0.1258 | $0.1295 | -2.81% |
| 10 NCT | $0.2517 | $0.2590 | -2.81% |
| 50 NCT | $1.26 | $1.29 | -2.81% |
| 100 NCT | $2.52 | $2.59 | -2.81% |
| 500 NCT | $12.58 | $12.95 | -2.81% |
| 1000 NCT | $25.17 | $25.9 | -2.81% |
Today vs. 1 month ago
| Amount | 15:31 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NCT | $0.01258 | $0.01514 | -16.89% |
| 1 NCT | $0.02517 | $0.03028 | -16.89% |
| 5 NCT | $0.1258 | $0.1514 | -16.89% |
| 10 NCT | $0.2517 | $0.3028 | -16.89% |
| 50 NCT | $1.26 | $1.51 | -16.89% |
| 100 NCT | $2.52 | $3.03 | -16.89% |
| 500 NCT | $12.58 | $15.14 | -16.89% |
| 1000 NCT | $25.17 | $30.28 | -16.89% |
Today vs. 1 year ago
| Amount | 15:31 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NCT | $0.01258 | $0.009609 | +30.96% |
| 1 NCT | $0.02517 | $0.01922 | +30.96% |
| 5 NCT | $0.1258 | $0.09609 | +30.96% |
| 10 NCT | $0.2517 | $0.1922 | +30.96% |
| 50 NCT | $1.26 | $0.9609 | +30.96% |
| 100 NCT | $2.52 | $1.92 | +30.96% |
| 500 NCT | $12.58 | $9.61 | +30.96% |
| 1000 NCT | $25.17 | $19.22 | +30.96% |
PolySwarm price prediction
What will the price of NCT be in 2026?
Based on NCT's historical price performance prediction model, the price of NCT is projected to reach $0.03067 in 2026.
What will the price of NCT be in 2031?
In 2031, the NCT price is expected to change by +26.00%. By the end of 2031, the NCT price is projected to reach $0.04957, with a cumulative ROI of +94.70%.
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Popular PolySwarm conversions
Check out these popular currency conversions of PolySwarm to several fiat currencies.
PolySwarm to UGX
1 NCT to Sh 92.46 UGX
PolySwarm to TWD
1 NCT to NT$ 0.8270 TWD
PolySwarm to CNY
1 NCT to ¥ 0.1824 CNY
PolySwarm to USD
1 NCT to $ 0.02517 USD
PolySwarm to AUD
1 NCT to $ 0.03974 AUD
PolySwarm to EUR
1 NCT to € 0.02325 EUR
PolySwarm to CAD
1 NCT to $ 0.03615 CAD
PolySwarm to KRW
1 NCT to ₩ 36.39 KRW
PolySwarm to JPY
1 NCT to ¥ 3.71 JPY
PolySwarm to GBP
1 NCT to £ 0.01951 GBP
PolySwarm to BRL
1 NCT to R$ 0.1445 BRL
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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 PolySwarm 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 PolySwarm 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 PolySwarm 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.
