AVAX
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 Avalanche(AVAX) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 AVAX at a value of 1 AVAX for 136,561.10 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 Avalanche currency pair is the AVAX to UGX, with for Avalanche's currency code being AVAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
AVAX to UGX conversion rate trend
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In the past 1D, Avalanche has changed -9.93% to UGX. Based on the trend and price charts, Avalanche(AVAX) has changed -9.93% to UGX while Ugandan Shilling(UGX) has changed % to AVAX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh136,827.8 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh136,645.12 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | Sh136,425.9 | 0.1000% / 0.1000% | Yes |
Kraken | Sh136,535.51 | 0.1000% / 0.1000% | Yes |
OKX | Sh136,561.09 | 0.080% / 0.100% | Yes |
Huobi | Sh136,535.88 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh136,608.58 | 0.1000% / 0.1000% | Yes |
Bybit | Sh136,725.5 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh136,509.94 | 0.1000% / 0.1000% | Yes |
Bitfinex | Sh136,520.9 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 00:00:30(UTC+0)
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Learn MoreBuy AVAX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of AVAX with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy AVAX with USDT via Bitget spot market.
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Sell AVAX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of AVAX to UGX. However, you can first exchange AVAX 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 Avalanche to Ugandan Shilling?
Avalanche to Ugandan Shilling is falling this week.Avalanche's current market price is Sh 136,561.1 per AVAX, with a total market cap of Sh 55,966,493,425,288.13 UGX based on a circulating supply of 409,827,520 AVAX. The trading volume of Avalanche has changed by -48.75% (Sh -2,300,894,811,460.62 UGX) in the last 24 hours. Last trading day, AVAX's trading volume was Sh 4,719,929,457,235.85.
Market cap
$15.32B
24h volume
$662.09M
Circulating supply
409.83M AVAX
Conversion tables
The exchange rate of Avalanche is increasing.1 AVAX is currently valued at Sh 136,561.1 UGX , which means buying 5 AVAX will cost Sh 682,805.48 UGX . Similarly, Sh1 UGX can be traded for 0.{5}7323 AVAX, and Sh50 UGX can be converted to 0.0003661 AVAX, excluding any platform or gas fees.
The exchange rate of 1 AVAX to Ugandan Shilling has changed by -24.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.93%, reaching a high of 154,534.44 UGX and a low of 132,477.27 UGX . One month ago, the value of 1 AVAX was Sh 132,765.24 UGX , which represents a +2.86% change from its current value. Over the last year, Avalanche has changed by , resulting in a change of -16.22% in its value.
-Sh
26,429.05UGXAVAX to UGX
Amount
06:20 am today
0.5 AVAX
Sh68,280.55
1 AVAX
Sh136,561.1
5 AVAX
Sh682,805.48
10 AVAX
Sh1,365,610.97
50 AVAX
Sh6,828,054.83
100 AVAX
Sh13,656,109.66
500 AVAX
Sh68,280,548.29
1000 AVAX
Sh136,561,096.59
UGX to AVAX
Amount06:20 am today
0.5UGX0.{5}3661 AVAX
1UGX0.{5}7323 AVAX
5UGX0.{4}3661 AVAX
10UGX0.{4}7323 AVAX
50UGX0.0003661 AVAX
100UGX0.0007323 AVAX
500UGX0.003661 AVAX
1000UGX0.007323 AVAX
Today vs. 24 hours ago
| Amount | 06:20 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 AVAX | $18.69 | $20.75 | -9.93% |
| 1 AVAX | $37.38 | $41.49 | -9.93% |
| 5 AVAX | $186.89 | $207.47 | -9.93% |
| 10 AVAX | $373.77 | $414.93 | -9.93% |
| 50 AVAX | $1,868.85 | $2,074.67 | -9.93% |
| 100 AVAX | $3,737.7 | $4,149.34 | -9.93% |
| 500 AVAX | $18,688.5 | $20,746.72 | -9.93% |
| 1000 AVAX | $37,377 | $41,493.44 | -9.93% |
Today vs. 1 month ago
| Amount | 06:20 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 AVAX | $18.69 | $18.17 | +2.86% |
| 1 AVAX | $37.38 | $36.34 | +2.86% |
| 5 AVAX | $186.89 | $181.69 | +2.86% |
| 10 AVAX | $373.77 | $363.38 | +2.86% |
| 50 AVAX | $1,868.85 | $1,816.9 | +2.86% |
| 100 AVAX | $3,737.7 | $3,633.81 | +2.86% |
| 500 AVAX | $18,688.5 | $18,169.03 | +2.86% |
| 1000 AVAX | $37,377 | $36,338.07 | +2.86% |
Today vs. 1 year ago
| Amount | 06:20 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 AVAX | $18.69 | $22.31 | -16.22% |
| 1 AVAX | $37.38 | $44.61 | -16.22% |
| 5 AVAX | $186.89 | $223.05 | -16.22% |
| 10 AVAX | $373.77 | $446.11 | -16.22% |
| 50 AVAX | $1,868.85 | $2,230.53 | -16.22% |
| 100 AVAX | $3,737.7 | $4,461.07 | -16.22% |
| 500 AVAX | $18,688.5 | $22,305.34 | -16.22% |
| 1000 AVAX | $37,377 | $44,610.68 | -16.22% |
Avalanche price prediction
What will the price of AVAX be in 2025?
Based on AVAX's historical price performance prediction model, the price of AVAX is projected to reach $56.78 in 2025.
What will the price of AVAX be in 2030?
In 2030, the AVAX price is expected to change by -3.00%. By the end of 2030, the AVAX price is projected to reach $129.46, with a cumulative ROI of +245.59%.
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Popular Avalanche conversions
Check out these popular currency conversions of Avalanche to several fiat currencies.
Avalanche to USD
1 AVAX to $ 37.38 USD
Avalanche to GBP
1 AVAX to £ 29.74 GBP
Avalanche to EUR
1 AVAX to € 35.83 EUR
Avalanche to KRW
1 AVAX to ₩ 54,062.84 KRW
Avalanche to CAD
1 AVAX to $ 53.73 CAD
Avalanche to AUD
1 AVAX to $ 59.79 AUD
Avalanche to JPY
1 AVAX to ¥ 5,847.45 JPY
Avalanche to BRL
1 AVAX to R$ 227.48 BRL
Avalanche to CNY
1 AVAX to ¥ 272.8 CNY
Avalanche to TWD
1 AVAX to NT$ 1,219.65 TWD
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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 Avalanche 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 Avalanche 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 Avalanche 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.
