BENK
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 BENK(BENK) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 BENK at a value of 1 BENK for 0.02 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 BENK currency pair is the BENK to UGX, with for BENK's currency code being BENK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
BENK to UGX conversion rate trend
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In the past 1D, BENK has changed +18.04% to UGX. Based on the trend and price charts, BENK(BENK) has changed +18.04% to UGX while Ugandan Shilling(UGX) has changed % to BENK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.01881 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 16:38:40(UTC+0)
How to buy BENK
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy BENK (BENK)
Use a variety of payment options to buy BENK on Bitget. We'll show you how.
Buy BENK (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of BENK with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy BENK 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 BENK (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of BENK to UGX. However, you can first exchange BENK 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 BENK to Ugandan Shilling?
BENK to Ugandan Shilling is falling this week.BENK's current market price is Sh 0.01881 per BENK, with a total market cap of Sh 0 UGX based on a circulating supply of -- BENK. The trading volume of BENK has changed by 0.00% (Sh 0 UGX) in the last 24 hours. Last trading day, BENK's trading volume was Sh 135,440.44.
Market cap
$0
24h volume
$36.54640702
Circulating supply
0 BENK
Conversion tables
The exchange rate of BENK is decreasing.1 BENK is currently valued at Sh 0.01881 UGX , which means buying 5 BENK will cost Sh 0.09405 UGX . Similarly, Sh1 UGX can be traded for 53.16 BENK, and Sh50 UGX can be converted to 2,658.06 BENK, excluding any platform or gas fees.
The exchange rate of 1 BENK to Ugandan Shilling has changed by -0.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by +18.04%, reaching a high of 0.03489 UGX and a low of 0.02083 UGX . One month ago, the value of 1 BENK was Sh 0.02146 UGX , which represents a -8.25% change from its current value. Over the last year, BENK has changed by , resulting in a change of 0.00% in its value.
+Sh
0.02950UGXBENK to UGX
Amount
18:20 today
0.5 BENK
Sh0.009405
1 BENK
Sh0.01881
5 BENK
Sh0.09405
10 BENK
Sh0.1881
50 BENK
Sh0.9405
100 BENK
Sh1.88
500 BENK
Sh9.41
1000 BENK
Sh18.81
UGX to BENK
Amount18:20 today
0.5UGX26.58 BENK
1UGX53.16 BENK
5UGX265.81 BENK
10UGX531.61 BENK
50UGX2,658.06 BENK
100UGX5,316.12 BENK
500UGX26,580.61 BENK
1000UGX53,161.21 BENK
Today vs. 24 hours ago
| Amount | 18:20 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BENK | $0.{5}2538 | $0.{5}1930 | +18.04% |
| 1 BENK | $0.{5}5076 | $0.{5}3859 | +18.04% |
| 5 BENK | $0.{4}2538 | $0.{4}1930 | +18.04% |
| 10 BENK | $0.{4}5076 | $0.{4}3859 | +18.04% |
| 50 BENK | $0.0002538 | $0.0001930 | +18.04% |
| 100 BENK | $0.0005076 | $0.0003859 | +18.04% |
| 500 BENK | $0.002538 | $0.001930 | +18.04% |
| 1000 BENK | $0.005076 | $0.003859 | +18.04% |
Today vs. 1 month ago
| Amount | 18:20 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BENK | $0.{5}2538 | $0.{5}2896 | -8.25% |
| 1 BENK | $0.{5}5076 | $0.{5}5791 | -8.25% |
| 5 BENK | $0.{4}2538 | $0.{4}2896 | -8.25% |
| 10 BENK | $0.{4}5076 | $0.{4}5791 | -8.25% |
| 50 BENK | $0.0002538 | $0.0002896 | -8.25% |
| 100 BENK | $0.0005076 | $0.0005791 | -8.25% |
| 500 BENK | $0.002538 | $0.002896 | -8.25% |
| 1000 BENK | $0.005076 | $0.005791 | -8.25% |
Today vs. 1 year ago
| Amount | 18:20 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BENK | $0.{5}2538 | $-0.{5}1443 | 0.00% |
| 1 BENK | $0.{5}5076 | $-0.{5}2885 | 0.00% |
| 5 BENK | $0.{4}2538 | $-0.{4}1443 | 0.00% |
| 10 BENK | $0.{4}5076 | $-0.{4}2885 | 0.00% |
| 50 BENK | $0.0002538 | $-0.0001443 | 0.00% |
| 100 BENK | $0.0005076 | $-0.0002885 | 0.00% |
| 500 BENK | $0.002538 | $-0.001443 | 0.00% |
| 1000 BENK | $0.005076 | $-0.002885 | 0.00% |
BENK price prediction
What will the price of BENK be in 2025?
Based on BENK's historical price performance prediction model, the price of BENK is projected to reach $0.{4}1995 in 2025.
What will the price of BENK be in 2030?
In 2030, the BENK price is expected to change by -7.00%. By the end of 2030, the BENK price is projected to reach $0.{4}2950, with a cumulative ROI of +481.21%.
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Popular BENK conversions
Check out these popular currency conversions of BENK to several fiat currencies.
BENK to USD
1 BENK to $ 0.{5}5076 USD
BENK to GBP
1 BENK to £ 0.{5}4042 GBP
BENK to EUR
1 BENK to € 0.{5}4837 EUR
BENK to KRW
1 BENK to ₩ 0.007114 KRW
BENK to CAD
1 BENK to $ 0.{5}7098 CAD
BENK to AUD
1 BENK to $ 0.{5}7807 AUD
BENK to JPY
1 BENK to ¥ 0.0007836 JPY
BENK to BRL
1 BENK to R$ 0.{4}2948 BRL
BENK to CNY
1 BENK to ¥ 0.{4}3677 CNY
BENK to TWD
1 BENK to NT$ 0.0001647 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in BENK.
Bitcoin to UGX
1 BTC to Sh 355,012,683.6 UGX
MAD to UGX
1 MAD to Sh 0.1669 UGX
Stellar to UGX
1 XLM to Sh 1,910.8 UGX
EGO to UGX
1 EGO to Sh 83.34 UGX
Cardano to UGX
1 ADA to Sh 3,704.59 UGX
Puffer to UGX
1 PUFFER to Sh -- UGX
XRP to UGX
1 XRP to Sh 5,457.34 UGX
Just a chill guy to UGX
1 CHILLGUY to Sh 1,243.84 UGX
Dogecoin to UGX
1 DOGE to Sh 1,497.85 UGX
The Sandbox to UGX
1 SAND to Sh 2,702.81 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 BENK 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 BENK 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 BENK 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.
