GRLC
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 Garlicoin(GRLC) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 GRLC at a value of 1 GRLC for 48.73 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 Garlicoin currency pair is the GRLC to UGX, with for Garlicoin's currency code being GRLC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
GRLC to UGX conversion rate trend
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In the past 1D, Garlicoin has changed -6.50% to UGX. Based on the trend and price charts, Garlicoin(GRLC) has changed -6.50% to UGX while Ugandan Shilling(UGX) has changed % to GRLC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh48.41 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/13 00:31:11(UTC+0)
How to buy Garlicoin
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Garlicoin (GRLC)
Use a variety of payment options to buy Garlicoin on Bitget. We'll show you how.
Buy GRLC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of GRLC with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy GRLC with USDT via Bitget spot market.
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Sell GRLC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of GRLC to UGX. However, you can first exchange GRLC 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 Garlicoin to Ugandan Shilling?
Garlicoin to Ugandan Shilling is rising this week.Garlicoin's current market price is Sh 48.73 per GRLC, with a total market cap of Sh 3,343,362,908.17 UGX based on a circulating supply of 68,615,420 GRLC. The trading volume of Garlicoin has changed by -89.32% (Sh -619,472.72 UGX) in the last 24 hours. Last trading day, GRLC's trading volume was Sh 693,564.87.
Market cap
$909.34K
24h volume
$20.15185502
Circulating supply
68.62M GRLC
Conversion tables
The exchange rate of Garlicoin is increasing.1 GRLC is currently valued at Sh 48.73 UGX , which means buying 5 GRLC will cost Sh 243.63 UGX . Similarly, Sh1 UGX can be traded for 0.02052 GRLC, and Sh50 UGX can be converted to 1.03 GRLC, excluding any platform or gas fees.
The exchange rate of 1 GRLC to Ugandan Shilling has changed by +23.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.50%, reaching a high of 52.9 UGX and a low of 47.05 UGX . One month ago, the value of 1 GRLC was Sh 34.47 UGX , which represents a +41.34% change from its current value. Over the last year, Garlicoin has changed by , resulting in a change of -34.79% in its value.
-Sh
26UGXGRLC to UGX
Amount
01:00 am today
0.5 GRLC
Sh24.36
1 GRLC
Sh48.73
5 GRLC
Sh243.63
10 GRLC
Sh487.26
50 GRLC
Sh2,436.31
100 GRLC
Sh4,872.61
500 GRLC
Sh24,363.06
1000 GRLC
Sh48,726.11
UGX to GRLC
Amount01:00 am today
0.5UGX0.01026 GRLC
1UGX0.02052 GRLC
5UGX0.1026 GRLC
10UGX0.2052 GRLC
50UGX1.03 GRLC
100UGX2.05 GRLC
500UGX10.26 GRLC
1000UGX20.52 GRLC
Today vs. 24 hours ago
| Amount | 01:00 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GRLC | $0.006626 | $0.007087 | -6.50% |
| 1 GRLC | $0.01325 | $0.01417 | -6.50% |
| 5 GRLC | $0.06626 | $0.07087 | -6.50% |
| 10 GRLC | $0.1325 | $0.1417 | -6.50% |
| 50 GRLC | $0.6626 | $0.7087 | -6.50% |
| 100 GRLC | $1.33 | $1.42 | -6.50% |
| 500 GRLC | $6.63 | $7.09 | -6.50% |
| 1000 GRLC | $13.25 | $14.17 | -6.50% |
Today vs. 1 month ago
| Amount | 01:00 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GRLC | $0.006626 | $0.004688 | +41.34% |
| 1 GRLC | $0.01325 | $0.009376 | +41.34% |
| 5 GRLC | $0.06626 | $0.04688 | +41.34% |
| 10 GRLC | $0.1325 | $0.09376 | +41.34% |
| 50 GRLC | $0.6626 | $0.4688 | +41.34% |
| 100 GRLC | $1.33 | $0.9376 | +41.34% |
| 500 GRLC | $6.63 | $4.69 | +41.34% |
| 1000 GRLC | $13.25 | $9.38 | +41.34% |
Today vs. 1 year ago
| Amount | 01:00 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GRLC | $0.006626 | $0.01016 | -34.79% |
| 1 GRLC | $0.01325 | $0.02032 | -34.79% |
| 5 GRLC | $0.06626 | $0.1016 | -34.79% |
| 10 GRLC | $0.1325 | $0.2032 | -34.79% |
| 50 GRLC | $0.6626 | $1.02 | -34.79% |
| 100 GRLC | $1.33 | $2.03 | -34.79% |
| 500 GRLC | $6.63 | $10.16 | -34.79% |
| 1000 GRLC | $13.25 | $20.32 | -34.79% |
Garlicoin price prediction
What will the price of GRLC be in 2025?
Based on GRLC's historical price performance prediction model, the price of GRLC is projected to reach $0.002051 in 2025.
What will the price of GRLC be in 2030?
In 2030, the GRLC price is expected to change by -2.00%. By the end of 2030, the GRLC price is projected to reach $0.004363, with a cumulative ROI of -69.10%.
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Popular Garlicoin conversions
Check out these popular currency conversions of Garlicoin to several fiat currencies.
Garlicoin to USD
1 GRLC to $ 0.01325 USD
Garlicoin to GBP
1 GRLC to £ 0.01040 GBP
Garlicoin to EUR
1 GRLC to € 0.01247 EUR
Garlicoin to KRW
1 GRLC to ₩ 18.66 KRW
Garlicoin to CAD
1 GRLC to $ 0.01848 CAD
Garlicoin to AUD
1 GRLC to $ 0.02028 AUD
Garlicoin to JPY
1 GRLC to ¥ 2.05 JPY
Garlicoin to BRL
1 GRLC to R$ 0.07620 BRL
Garlicoin to CNY
1 GRLC to ¥ 0.09593 CNY
Garlicoin to TWD
1 GRLC to NT$ 0.4301 TWD
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1 RBTC to Sh 0.06165 UGX
Dogecoin to UGX
1 DOGE to Sh 1,494.82 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 Garlicoin 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 Garlicoin 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 Garlicoin 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.
