AXE
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 Axe(AXE) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 AXE at a value of 1 AXE for 75.18 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 Axe currency pair is the AXE to UGX, with for Axe's currency code being AXE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
AXE to UGX conversion rate trend
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In the past 1D, Axe has changed -23.31% to UGX. Based on the trend and price charts, Axe(AXE) has changed -23.31% to UGX while Ugandan Shilling(UGX) has changed % to AXE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh75.16 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 08:31:32(UTC+0)
How to buy Axe
Create Your Free Bitget Account
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Buy Axe (AXE)
Use a variety of payment options to buy Axe on Bitget. We'll show you how.
Buy AXE (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of AXE with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy AXE 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 AXE (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of AXE to UGX. However, you can first exchange AXE 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 Axe to Ugandan Shilling?
Axe to Ugandan Shilling is rising this week.Axe's current market price is Sh 75.18 per AXE, with a total market cap of Sh 395,527,171.07 UGX based on a circulating supply of 5,260,968 AXE. The trading volume of Axe has changed by -98.01% (Sh -1,645,405.59 UGX) in the last 24 hours. Last trading day, AXE's trading volume was Sh 1,678,759.18.
Market cap
$107.06K
24h volume
$9.02779665
Circulating supply
5.26M AXE
Conversion tables
The exchange rate of Axe is increasing.1 AXE is currently valued at Sh 75.18 UGX , which means buying 5 AXE will cost Sh 375.91 UGX . Similarly, Sh1 UGX can be traded for 0.01330 AXE, and Sh50 UGX can be converted to 0.6651 AXE, excluding any platform or gas fees.
The exchange rate of 1 AXE to Ugandan Shilling has changed by +64.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by -23.31%, reaching a high of 76.25 UGX and a low of 58.75 UGX . One month ago, the value of 1 AXE was Sh 2.58 UGX , which represents a +2929.03% change from its current value. Over the last year, Axe has changed by , resulting in a change of +594.37% in its value.
+Sh
64.27UGXAXE to UGX
Amount
16:14 today
0.5 AXE
Sh37.59
1 AXE
Sh75.18
5 AXE
Sh375.91
10 AXE
Sh751.81
50 AXE
Sh3,759.07
100 AXE
Sh7,518.14
500 AXE
Sh37,590.72
1000 AXE
Sh75,181.45
UGX to AXE
Amount16:14 today
0.5UGX0.006651 AXE
1UGX0.01330 AXE
5UGX0.06651 AXE
10UGX0.1330 AXE
50UGX0.6651 AXE
100UGX1.33 AXE
500UGX6.65 AXE
1000UGX13.3 AXE
Today vs. 24 hours ago
| Amount | 16:14 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 AXE | $0.01017 | $0.01326 | -23.31% |
| 1 AXE | $0.02035 | $0.02653 | -23.31% |
| 5 AXE | $0.1017 | $0.1326 | -23.31% |
| 10 AXE | $0.2035 | $0.2653 | -23.31% |
| 50 AXE | $1.02 | $1.33 | -23.31% |
| 100 AXE | $2.03 | $2.65 | -23.31% |
| 500 AXE | $10.17 | $13.26 | -23.31% |
| 1000 AXE | $20.35 | $26.53 | -23.31% |
Today vs. 1 month ago
| Amount | 16:14 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 AXE | $0.01017 | $0.0003494 | +2929.03% |
| 1 AXE | $0.02035 | $0.0006988 | +2929.03% |
| 5 AXE | $0.1017 | $0.003494 | +2929.03% |
| 10 AXE | $0.2035 | $0.006988 | +2929.03% |
| 50 AXE | $1.02 | $0.03494 | +2929.03% |
| 100 AXE | $2.03 | $0.06988 | +2929.03% |
| 500 AXE | $10.17 | $0.3494 | +2929.03% |
| 1000 AXE | $20.35 | $0.6988 | +2929.03% |
Today vs. 1 year ago
| Amount | 16:14 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 AXE | $0.01017 | $0.001477 | +594.37% |
| 1 AXE | $0.02035 | $0.002954 | +594.37% |
| 5 AXE | $0.1017 | $0.01477 | +594.37% |
| 10 AXE | $0.2035 | $0.02954 | +594.37% |
| 50 AXE | $1.02 | $0.1477 | +594.37% |
| 100 AXE | $2.03 | $0.2954 | +594.37% |
| 500 AXE | $10.17 | $1.48 | +594.37% |
| 1000 AXE | $20.35 | $2.95 | +594.37% |
Axe price prediction
What will the price of AXE be in 2025?
Based on AXE's historical price performance prediction model, the price of AXE is projected to reach $0.01016 in 2025.
What will the price of AXE be in 2030?
In 2030, the AXE price is expected to change by +1.00%. By the end of 2030, the AXE price is projected to reach $0.01359, with a cumulative ROI of +14.29%.
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Popular Axe conversions
Check out these popular currency conversions of Axe to several fiat currencies.
Axe to USD
1 AXE to $ 0.02035 USD
Axe to GBP
1 AXE to £ 0.01612 GBP
Axe to EUR
1 AXE to € 0.01936 EUR
Axe to KRW
1 AXE to ₩ 28.47 KRW
Axe to CAD
1 AXE to $ 0.02839 CAD
Axe to AUD
1 AXE to $ 0.03124 AUD
Axe to JPY
1 AXE to ¥ 3.14 JPY
Axe to BRL
1 AXE to R$ 0.1183 BRL
Axe to CNY
1 AXE to ¥ 0.1474 CNY
Axe to TWD
1 AXE to NT$ 0.6626 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Axe.
MAD to UGX
1 MAD to Sh -- UGX
XRP to UGX
1 XRP to Sh 4,092.28 UGX
EGO to UGX
1 EGO to Sh 88.62 UGX
Sharpe AI to UGX
1 SAI to Sh 119.92 UGX
Solana to UGX
1 SOL to Sh 922,590.17 UGX
Bitcoin to UGX
1 BTC to Sh 357,893,517.48 UGX
Dogecoin to UGX
1 DOGE to Sh 1,409.31 UGX
Pepe to UGX
1 PEPE to Sh 0.07559 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 5,052.99 UGX
Sui to UGX
1 SUI to Sh 13,204.67 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 Axe 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 Axe 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 Axe 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.
