BALTO
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 BALTO(BALTO) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 BALTO at a value of 1 BALTO for 0.01 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 BALTO currency pair is the BALTO to UGX, with for BALTO's currency code being BALTO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
BALTO to UGX conversion rate trend
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In the past 1D, BALTO has changed -4.02% to UGX. Based on the trend and price charts, BALTO(BALTO) has changed -4.02% to UGX while Ugandan Shilling(UGX) has changed % to BALTO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.008840 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/20 00:32:55(UTC+0)
How to buy BALTO
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Buy BALTO (BALTO)
Use a variety of payment options to buy BALTO on Bitget. We'll show you how.
Buy BALTO (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of BALTO with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy BALTO 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 BALTO (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of BALTO to UGX. However, you can first exchange BALTO 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 BALTO to Ugandan Shilling?
BALTO to Ugandan Shilling is rising this week.BALTO's current market price is Sh 0.008827 per BALTO, with a total market cap of Sh 0 UGX based on a circulating supply of -- BALTO. The trading volume of BALTO has changed by -83.98% (Sh -207,916,949.06 UGX) in the last 24 hours. Last trading day, BALTO's trading volume was Sh 247,577,945.64.
Market cap
$0
24h volume
$10.77K
Circulating supply
0 BALTO
Conversion tables
The exchange rate of BALTO is increasing.1 BALTO is currently valued at Sh 0.008827 UGX , which means buying 5 BALTO will cost Sh 0.04414 UGX . Similarly, Sh1 UGX can be traded for 113.29 BALTO, and Sh50 UGX can be converted to 5,664.34 BALTO, excluding any platform or gas fees.
The exchange rate of 1 BALTO to Ugandan Shilling has changed by +12.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.02%, reaching a high of 0.009388 UGX and a low of 0.008021 UGX . One month ago, the value of 1 BALTO was Sh 0 UGX , which represents a +15.46% change from its current value. Over the last year, BALTO has changed by , resulting in a change of --% in its value.
+Sh
0.008827UGXBALTO to UGX
Amount
02:36 am today
0.5 BALTO
Sh0.004414
1 BALTO
Sh0.008827
5 BALTO
Sh0.04414
10 BALTO
Sh0.08827
50 BALTO
Sh0.4414
100 BALTO
Sh0.8827
500 BALTO
Sh4.41
1000 BALTO
Sh8.83
UGX to BALTO
Amount02:36 am today
0.5UGX56.64 BALTO
1UGX113.29 BALTO
5UGX566.43 BALTO
10UGX1,132.87 BALTO
50UGX5,664.34 BALTO
100UGX11,328.69 BALTO
500UGX56,643.44 BALTO
1000UGX113,286.89 BALTO
Today vs. 24 hours ago
| Amount | 02:36 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BALTO | $0.{5}1199 | $0.{5}1249 | -4.02% |
| 1 BALTO | $0.{5}2397 | $0.{5}2498 | -4.02% |
| 5 BALTO | $0.{4}1199 | $0.{4}1249 | -4.02% |
| 10 BALTO | $0.{4}2397 | $0.{4}2498 | -4.02% |
| 50 BALTO | $0.0001199 | $0.0001249 | -4.02% |
| 100 BALTO | $0.0002397 | $0.0002498 | -4.02% |
| 500 BALTO | $0.001199 | $0.001249 | -4.02% |
| 1000 BALTO | $0.002397 | $0.002498 | -4.02% |
Today vs. 1 month ago
| Amount | 02:36 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BALTO | $0.{5}1199 | $0.00 | +15.46% |
| 1 BALTO | $0.{5}2397 | $0.00 | +15.46% |
| 5 BALTO | $0.{4}1199 | $0.00 | +15.46% |
| 10 BALTO | $0.{4}2397 | $0.00 | +15.46% |
| 50 BALTO | $0.0001199 | $0.00 | +15.46% |
| 100 BALTO | $0.0002397 | $0.00 | +15.46% |
| 500 BALTO | $0.001199 | $0.00 | +15.46% |
| 1000 BALTO | $0.002397 | $0.00 | +15.46% |
Today vs. 1 year ago
| Amount | 02:36 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BALTO | $0.{5}1199 | $0.00 | -- |
| 1 BALTO | $0.{5}2397 | $0.00 | -- |
| 5 BALTO | $0.{4}1199 | $0.00 | -- |
| 10 BALTO | $0.{4}2397 | $0.00 | -- |
| 50 BALTO | $0.0001199 | $0.00 | -- |
| 100 BALTO | $0.0002397 | $0.00 | -- |
| 500 BALTO | $0.001199 | $0.00 | -- |
| 1000 BALTO | $0.002397 | $0.00 | -- |
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Popular BALTO conversions
Check out these popular currency conversions of BALTO to several fiat currencies.
BALTO to USD
1 BALTO to $ 0.{5}2397 USD
BALTO to GBP
1 BALTO to £ 0.{5}1889 GBP
BALTO to EUR
1 BALTO to € 0.{5}2261 EUR
BALTO to KRW
1 BALTO to ₩ 0.003337 KRW
BALTO to CAD
1 BALTO to $ 0.{5}3345 CAD
BALTO to AUD
1 BALTO to $ 0.{5}3668 AUD
BALTO to JPY
1 BALTO to ¥ 0.0003712 JPY
BALTO to BRL
1 BALTO to R$ 0.{4}1384 BRL
BALTO to CNY
1 BALTO to ¥ 0.{4}1735 CNY
BALTO to TWD
1 BALTO to NT$ 0.{4}7761 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in BALTO.
XRP to UGX
1 XRP to Sh 4,071.7 UGX
deadstag to UGX
1 DSTAG to Sh -- UGX
Solana to UGX
1 SOL to Sh 863,248.16 UGX
EGO to UGX
1 EGO to Sh 70.51 UGX
Hedera to UGX
1 HBAR to Sh 483.35 UGX
Bitcoin to UGX
1 BTC to Sh 338,813,003.63 UGX
Raydium to UGX
1 RAY to Sh 19,825.93 UGX
Pepe to UGX
1 PEPE to Sh 0.07189 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 5,854.68 UGX
Dogecoin to UGX
1 DOGE to Sh 1,424.63 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 BALTO 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 BALTO 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 BALTO 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.
