Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

VELA to UGX Converter and calculator

VELA/UGX: 1 VELA = 17.64 UGX. The price of converting 1 Vela Exchange (VELA) to Ugandan shilling (UGX) is 17.64 UGX today.
VELA
VELA
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides VELA to UGX real-time exchange rates, making it easy to convert Vela Exchange (VELA) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 VELA is currently valued at 17.64 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELA is currently valued at 17.64 UGX, which means buying 5 VELA would cost 88.20 UGX. Similarly, Sh1 UGX can be converted to 0.05669 VELA, and Sh50 UGX can be converted to 0.2834 VELA, excluding any platform or gas fees.

Convert VELA to UGX

Convert UGX to VELA

Vela Exchange
Ugandan shilling
100 VELA
1,764.08  UGX
200 VELA
3,528.16  UGX
500 VELA
8,820.39  UGX
1000 VELA
17,640.79  UGX
5000 VELA
88,203.94  UGX
10000 VELA
176,407.87  UGX
In the table above, you'll find a comprehensive VELA to UGX converter that shows the value of Vela Exchange in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 VELA to UGX, all the way up to 10000 VELA, providing a clear view of their respective values.
Ugandan shilling
Vela Exchange
50000 UGX
2,834.34 VELA
100000 UGX
5,668.68 VELA
In the table above, you'll find a comprehensive UGX to VELA converter that shows the value of Ugandan shilling in Vela Exchange across commonly used conversion amounts. The list covers conversions from 1 UGX to VELA, all the way up to 100000 UGX, providing a clear view of their respective values.

VELA to UGX chart

VELA/UGX: 1 VELA = 17.64 UGX; 2025/04/27 11:57:00
In the past 1D, Vela Exchange has changed -0.26% to UGX. Based on the trend and price charts, Vela Exchange(VELA) has changed -0.26% to UGX while Ugandan shilling(UGX) has changed % to VELA in the last 24 hours.
1D7D1M3M1YAll

VELA to UGX conversion data: Volatility and price changes of Vela Exchange in UGX

The highest Vela Exchange price in UGX over the past 7 days was 21.71 UGX while the lowest Vela Exchange price in UGX over the past 7 days was 14.8 UGX. The relative change between the highs and lows in Vela Exchange price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and VELA to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
18.93 UGX
21.71 UGX
29.6 UGX
119.9 UGX
Low
14.8 UGX
14.8 UGX
14.8 UGX
14.8 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-0.26%
-10.22%
-24.11%
-78.47%

Vela Exchange information

VELA to UGX market statistics

VELA/UGX:
Sh17.64
VELA 24h volume:
Sh77,334,646.02
VELA market cap:
--
VELA circulating supply:
0 VELA

Current VELA to UGX exchange rate

Vela Exchange to Ugandan shilling is falling this week.
Vela Exchange's current market price is Sh17.64 per VELA, with a total market cap of Sh0 UGX based on a circulating supply of -- VELA. The trading volume of Vela Exchange has changed by +18.53% (Sh12,087,822.3 UGX) in the last 24 hours. Last trading day, VELA's trading volume was Sh65,246,823.72.

More info about Vela Exchange on Bitget

Ugandan shilling 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 Vela Exchange currency pair is the VELA to UGX, with for Vela Exchange's currency code being VELA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 94051.27 USD
popular info ethereum
ETH to USD
1 ETH to 1809.94 USD
popular info ripple
XRP to USD
1 XRP to 2.18 USD
popular info solana
SOL to USD
1 SOL to 148.33 USD
popular info bitcoin
BTC to EUR
1 BTC to 82746.31 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70641.91 GBP
popular info bitcoin
BTC to CAD
1 BTC to 130599.59 CAD
popular info bitcoin
BTC to BRL
1 BTC to 535189.35 BRL
popular info bitcoin
BTC to INR
1 BTC to 8030539.47 INR
popular info pi-network
PI to INR
1 PI to 54.49 INR

Hot promotions

How to convert VELA to UGX

buy-coin-step-0-img
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.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert VELA to UGX
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy VELA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of VELA with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy VELA with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular Vela Exchange Converter

popular info Ugandan shilling
VELA to UGX
1 VELA to Sh17.64 UGX
popular info New Taiwan dollar
VELA to TWD
1 VELA to NT$0.1567 TWD
popular info Chinese Yuan
VELA to CNY
1 VELA to ¥0.03508 CNY
popular info United States Dollar
VELA to USD
1 VELA to $0.004813 USD
popular info Euro
VELA to EUR
1 VELA to €0.004234 EUR
popular info Canadian Dollar
VELA to CAD
1 VELA to C$0.006683 CAD
popular info South Korean Won
VELA to KRW
1 VELA to ₩6.92 KRW
popular info Japanese Yen
VELA to JPY
1 VELA to ¥0.6914 JPY
popular info Pound Sterling
VELA to GBP
1 VELA to £0.003615 GBP
popular info Brazilian Real
VELA to BRL
1 VELA to R$0.02739 BRL

Popular cryptocurrencies to UGX

other assets JUST
JST to UGX
1 JST to Sh157.28 UGX
other assets Alchemy Pay
ACH to UGX
1 ACH to Sh103.3 UGX
other assets ARPA
ARPA to UGX
1 ARPA to Sh99.54 UGX
other assets Bubblemaps
BMT to UGX
1 BMT to Sh467.03 UGX
other assets Stacks
STX to UGX
1 STX to Sh3,222.38 UGX
other assets Ethereum Name Service
ENS to UGX
1 ENS to Sh68,729.78 UGX
other assets Steem
STEEM to UGX
1 STEEM to Sh602.15 UGX
other assets Philtoken
PHIL to UGX
1 PHIL to Sh10.39 UGX
other assets SUNDOG
SUNDOG to UGX
1 SUNDOG to Sh212.51 UGX
other assets Frax Share
FXS to UGX
1 FXS to Sh9,749.13 UGX

VELA to UGX Conversion tables

The exchange rate of Vela Exchange is decreasing.
The exchange rate of 1 VELA to Ugandan shilling has changed by -10.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.26%, reaching a high of 18.93 UGX and a low of 14.8 UGX . One month ago, the value of 1 VELA was Sh23.25 UGX , which represents a -24.11% change from its current value. Over the last year, Vela Exchange has changed by
-Sh
2,062.29UGX
, resulting in a change of -99.15% in its value.
24 hours ago1 month ago1 year ago
Amount11:57 am today24 hours ago24h change
0.5 VELASh8.82Sh8.84
-0.26%
1 VELASh17.64Sh17.69
-0.26%
5 VELASh88.2Sh88.43
-0.26%
10 VELASh176.41Sh176.87
-0.26%
50 VELASh882.04Sh884.33
-0.26%
100 VELASh1,764.08Sh1,768.66
-0.26%
500 VELASh8,820.39Sh8,843.29
-0.26%
1000 VELASh17,640.79Sh17,686.59
-0.26%

VELA to UGX FAQ

How much is 1 Vela Exchange in UGX?
Right now, the price of 1 Vela Exchange (VELA) in Ugandan shilling (UGX) is Sh17.64.
How much VELA can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.05669 VELA for 1 UGX.
How do I calculate or convert VELA to UGX?
You can use our VELA to UGX calculator at the top of this page to convert any amount of VELA to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.2834 VELA, while 5 VELA will cost around 88.2UGX.
What is the highest price of VELA/UGX in history?
The all-time high price of 1 VELA in UGX is Sh28,159.93. It remains to be seen if the value of 1 VELA/UGX will exceed the current all-time high.
What is the price trend of Vela Exchange in UGX?
Over the past 7 days, the exchange rate of Vela Exchange (VELA) has gone down by 10.22%.   Over the last month, the exchange rate of Vela Exchange (VELA) has gone down by 24.11% against Ugandan shilling (UGX).

What factors influence the conversion rate of VELA to UGX?

There are many factors that affect the relationship between Vela Exchange 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 VELA/UGX. When there is positive news in the market about the widespread adoption of VELA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VELA/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VELA/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.
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 VELA/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 Vela Exchange and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

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.