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SHIB
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 Shiba Inu(SHIB) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 SHIB at a value of 1 SHIB for 0.08 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 Shiba Inu currency pair is the SHIB to UGX, with for Shiba Inu's currency code being SHIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
SHIB to UGX conversion rate trend
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In the past 1D, Shiba Inu has changed -5.67% to UGX. Based on the trend and price charts, Shiba Inu(SHIB) has changed -5.67% to UGX while Ugandan Shilling(UGX) has changed % to SHIB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.07868 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh0.07865 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | Sh0.07857 | 0.1000% / 0.1000% | Yes |
Kraken | Sh0.07868 | 0.1000% / 0.1000% | Yes |
OKX | Sh0.07861 | 0.080% / 0.100% | Yes |
Huobi | Sh0.07857 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh0.07865 | 0.1000% / 0.1000% | Yes |
Bybit | Sh0.07872 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh0.07865 | 0.1000% / 0.1000% | Yes |
Bitfinex | Sh0.07865 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/26 16:00:15(UTC+0)
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Learn MoreBuy SHIB (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of SHIB with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy SHIB with USDT via Bitget spot market.
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Sell SHIB (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of SHIB to UGX. However, you can first exchange SHIB 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 Shiba Inu to Ugandan Shilling?
Shiba Inu to Ugandan Shilling is falling this week.Shiba Inu's current market price is Sh 0.07903 per SHIB, with a total market cap of Sh 46,569,237,059,502.49 UGX based on a circulating supply of 589,255,400,000,000 SHIB. The trading volume of Shiba Inu has changed by -12.79% (Sh -291,656,108,189.00 UGX) in the last 24 hours. Last trading day, SHIB's trading volume was Sh 2,280,291,378,536.9.
Market cap
$12.74B
24h volume
$544.14M
Circulating supply
589.26T SHIB
Conversion tables
The exchange rate of Shiba Inu is decreasing.1 SHIB is currently valued at Sh 0.07903 UGX , which means buying 5 SHIB will cost Sh 0.3952 UGX . Similarly, Sh1 UGX can be traded for 12.65 SHIB, and Sh50 UGX can be converted to 632.67 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Ugandan Shilling has changed by -2.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.67%, reaching a high of 0.08431 UGX and a low of 0.07819 UGX . One month ago, the value of 1 SHIB was Sh 0.08738 UGX , which represents a -9.56% change from its current value. Over the last year, Shiba Inu has changed by , resulting in a change of +99.73% in its value.
+Sh
0.03943UGXSHIB to UGX
Amount
18:37 today
0.5 SHIB
Sh0.03952
1 SHIB
Sh0.07903
5 SHIB
Sh0.3952
10 SHIB
Sh0.7903
50 SHIB
Sh3.95
100 SHIB
Sh7.9
500 SHIB
Sh39.52
1000 SHIB
Sh79.03
UGX to SHIB
Amount18:37 today
0.5UGX6.33 SHIB
1UGX12.65 SHIB
5UGX63.27 SHIB
10UGX126.53 SHIB
50UGX632.67 SHIB
100UGX1,265.33 SHIB
500UGX6,326.66 SHIB
1000UGX12,653.32 SHIB
Today vs. 24 hours ago
| Amount | 18:37 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SHIB | $0.{4}1081 | $0.{4}1146 | -5.67% |
| 1 SHIB | $0.{4}2162 | $0.{4}2292 | -5.67% |
| 5 SHIB | $0.0001081 | $0.0001146 | -5.67% |
| 10 SHIB | $0.0002162 | $0.0002292 | -5.67% |
| 50 SHIB | $0.001081 | $0.001146 | -5.67% |
| 100 SHIB | $0.002162 | $0.002292 | -5.67% |
| 500 SHIB | $0.01081 | $0.01146 | -5.67% |
| 1000 SHIB | $0.02162 | $0.02292 | -5.67% |
Today vs. 1 month ago
| Amount | 18:37 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SHIB | $0.{4}1081 | $0.{4}1195 | -9.56% |
| 1 SHIB | $0.{4}2162 | $0.{4}2391 | -9.56% |
| 5 SHIB | $0.0001081 | $0.0001195 | -9.56% |
| 10 SHIB | $0.0002162 | $0.0002391 | -9.56% |
| 50 SHIB | $0.001081 | $0.001195 | -9.56% |
| 100 SHIB | $0.002162 | $0.002391 | -9.56% |
| 500 SHIB | $0.01081 | $0.01195 | -9.56% |
| 1000 SHIB | $0.02162 | $0.02391 | -9.56% |
Today vs. 1 year ago
| Amount | 18:37 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SHIB | $0.{4}1081 | $0.{5}5418 | +99.73% |
| 1 SHIB | $0.{4}2162 | $0.{4}1084 | +99.73% |
| 5 SHIB | $0.0001081 | $0.{4}5418 | +99.73% |
| 10 SHIB | $0.0002162 | $0.0001084 | +99.73% |
| 50 SHIB | $0.001081 | $0.0005418 | +99.73% |
| 100 SHIB | $0.002162 | $0.001084 | +99.73% |
| 500 SHIB | $0.01081 | $0.005418 | +99.73% |
| 1000 SHIB | $0.02162 | $0.01084 | +99.73% |
Shiba Inu price prediction
What will the price of SHIB be in 2025?
Based on SHIB's historical price performance prediction model, the price of SHIB is projected to reach $0.{4}3237 in 2025.
What will the price of SHIB be in 2030?
In 2030, the SHIB price is expected to change by +1.00%. By the end of 2030, the SHIB price is projected to reach $0.{4}4541, with a cumulative ROI of +95.69%.
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Popular Shiba Inu conversions
Check out these popular currency conversions of Shiba Inu to several fiat currencies.
Shiba Inu to USD
1 SHIB to $ 0.{4}2162 USD
Shiba Inu to GBP
1 SHIB to £ 0.{4}1728 GBP
Shiba Inu to EUR
1 SHIB to € 0.{4}2077 EUR
Shiba Inu to KRW
1 SHIB to ₩ 0.03177 KRW
Shiba Inu to CAD
1 SHIB to $ 0.{4}3116 CAD
Shiba Inu to AUD
1 SHIB to $ 0.{4}3477 AUD
Shiba Inu to JPY
1 SHIB to ¥ 0.003418 JPY
Shiba Inu to BRL
1 SHIB to R$ 0.0001332 BRL
Shiba Inu to CNY
1 SHIB to ¥ 0.0001579 CNY
Shiba Inu to TWD
1 SHIB to NT$ 0.0007082 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Shiba Inu.
HUND to UGX
1 HUND to Sh 55.67 UGX
Bitcoin to UGX
1 BTC to Sh 350,318,082.12 UGX
Bitget Token to UGX
1 BGB to Sh 26,712.36 UGX
XRP to UGX
1 XRP to Sh 7,888.81 UGX
BNB to UGX
1 BNB to Sh 2,525,357.43 UGX
Ondo to UGX
1 ONDO to Sh 5,317.46 UGX
GateToken to UGX
1 GT to Sh 55,271.33 UGX
FTX Token to UGX
1 FTT to Sh 13,274.32 UGX
MOO DENG (moodeng.vip) to UGX
1 MOODENG to Sh 0.06916 UGX
MultiversX to UGX
1 EGLD to Sh 123,408.99 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 Shiba Inu 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 Shiba Inu 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 Shiba Inu 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.
