PAXG
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 PAX Gold(PAXG) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 PAXG at a value of 1 PAXG for 9,622,579.41 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 PAX Gold currency pair is the PAXG to UGX, with for PAX Gold's currency code being PAXG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
PAXG to UGX conversion rate trend
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In the past 1D, PAX Gold has changed -0.85% to UGX. Based on the trend and price charts, PAX Gold(PAXG) has changed -0.85% to UGX while Ugandan Shilling(UGX) has changed % to PAXG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh9,636,589.72 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh9,625,576.48 | 0.1000% / 0.1000% | Yes |
Bybit | Sh9,643,931.89 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh9,623,410.54 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/31 00:00:22(UTC+0)
How to buy PAX Gold
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Buy PAX Gold (PAXG)
Use a variety of payment options to buy PAX Gold on Bitget. We'll show you how.
Learn MoreBuy PAXG (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of PAXG with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy PAXG 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 PAXG (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of PAXG to UGX. However, you can first exchange PAXG 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 PAX Gold to Ugandan Shilling?
PAX Gold to Ugandan Shilling is falling this week.PAX Gold's current market price is Sh 9,622,579.41 per PAXG, with a total market cap of Sh 1,920,252,463,654.89 UGX based on a circulating supply of 199,556.94 PAXG. The trading volume of PAX Gold has changed by +51.15% (Sh 13,180,898,663.28 UGX) in the last 24 hours. Last trading day, PAXG's trading volume was Sh 25,767,999,545.04.
Market cap
$523.08M
24h volume
$10.61M
Circulating supply
199.56K PAXG
Conversion tables
The exchange rate of PAX Gold is decreasing.1 PAXG is currently valued at Sh 9,622,579.41 UGX , which means buying 5 PAXG will cost Sh 48,112,897.04 UGX . Similarly, Sh1 UGX can be traded for 0.{6}1039 PAXG, and Sh50 UGX can be converted to 0.{5}5196 PAXG, excluding any platform or gas fees.
The exchange rate of 1 PAXG to Ugandan Shilling has changed by -0.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.85%, reaching a high of 9,703,088.8 UGX and a low of 9,601,920.03 UGX . One month ago, the value of 1 PAXG was Sh 9,708,558.35 UGX , which represents a -0.89% change from its current value. Over the last year, PAX Gold has changed by , resulting in a change of +29.22% in its value.
+Sh
340,347.65UGXPAXG to UGX
Amount
07:27 am today
0.5 PAXG
Sh4,811,289.7
1 PAXG
Sh9,622,579.41
5 PAXG
Sh48,112,897.04
10 PAXG
Sh96,225,794.08
50 PAXG
Sh481,128,970.42
100 PAXG
Sh962,257,940.84
500 PAXG
Sh4,811,289,704.21
1000 PAXG
Sh9,622,579,408.42
UGX to PAXG
Amount07:27 am today
0.5UGX0.{7}5196 PAXG
1UGX0.{6}1039 PAXG
5UGX0.{6}5196 PAXG
10UGX0.{5}1039 PAXG
50UGX0.{5}5196 PAXG
100UGX0.{4}1039 PAXG
500UGX0.{4}5196 PAXG
1000UGX0.0001039 PAXG
Today vs. 24 hours ago
| Amount | 07:27 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PAXG | $1,310.59 | $1,321.83 | -0.85% |
| 1 PAXG | $2,621.18 | $2,643.66 | -0.85% |
| 5 PAXG | $13,105.92 | $13,218.28 | -0.85% |
| 10 PAXG | $26,211.84 | $26,436.57 | -0.85% |
| 50 PAXG | $131,059.18 | $132,182.83 | -0.85% |
| 100 PAXG | $262,118.36 | $264,365.65 | -0.85% |
| 500 PAXG | $1,310,591.8 | $1,321,828.25 | -0.85% |
| 1000 PAXG | $2,621,183.6 | $2,643,656.5 | -0.85% |
Today vs. 1 month ago
| Amount | 07:27 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PAXG | $1,310.59 | $1,322.3 | -0.89% |
| 1 PAXG | $2,621.18 | $2,644.6 | -0.89% |
| 5 PAXG | $13,105.92 | $13,223.02 | -0.89% |
| 10 PAXG | $26,211.84 | $26,446.04 | -0.89% |
| 50 PAXG | $131,059.18 | $132,230.21 | -0.89% |
| 100 PAXG | $262,118.36 | $264,460.42 | -0.89% |
| 500 PAXG | $1,310,591.8 | $1,322,302.1 | -0.89% |
| 1000 PAXG | $2,621,183.6 | $2,644,604.2 | -0.89% |
Today vs. 1 year ago
| Amount | 07:27 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PAXG | $1,310.59 | $1,014.24 | +29.22% |
| 1 PAXG | $2,621.18 | $2,028.47 | +29.22% |
| 5 PAXG | $13,105.92 | $10,142.37 | +29.22% |
| 10 PAXG | $26,211.84 | $20,284.73 | +29.22% |
| 50 PAXG | $131,059.18 | $101,423.65 | +29.22% |
| 100 PAXG | $262,118.36 | $202,847.31 | +29.22% |
| 500 PAXG | $1,310,591.8 | $1,014,236.55 | +29.22% |
| 1000 PAXG | $2,621,183.6 | $2,028,473.1 | +29.22% |
PAX Gold price prediction
What will the price of PAXG be in 2025?
Based on PAXG's historical price performance prediction model, the price of PAXG is projected to reach $3,211.87 in 2025.
What will the price of PAXG be in 2030?
In 2030, the PAXG price is expected to change by -4.00%. By the end of 2030, the PAXG price is projected to reach $3,925.24, with a cumulative ROI of +48.43%.
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Popular PAX Gold conversions
Check out these popular currency conversions of PAX Gold to several fiat currencies.
PAX Gold to USD
1 PAXG to $ 2,621.18 USD
PAX Gold to GBP
1 PAXG to £ 2,088.03 GBP
PAX Gold to EUR
1 PAXG to € 2,518.7 EUR
PAX Gold to KRW
1 PAXG to ₩ 3,859,276.87 KRW
PAX Gold to CAD
1 PAXG to $ 3,763.76 CAD
PAX Gold to AUD
1 PAXG to $ 4,216.44 AUD
PAX Gold to JPY
1 PAXG to ¥ 409,587.98 JPY
PAX Gold to BRL
1 PAXG to R$ 16,198.65 BRL
PAX Gold to CNY
1 PAXG to ¥ 19,162.69 CNY
PAX Gold to TWD
1 PAXG to NT$ 86,000.77 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in PAX Gold.
Bitcoin to UGX
1 BTC to Sh 340,352,876.96 UGX
Ethereum to UGX
1 ETH to Sh 12,311,573.41 UGX
XRP to UGX
1 XRP to Sh 7,450.12 UGX
Solana to UGX
1 SOL to Sh 695,391.77 UGX
Sui to UGX
1 SUI to Sh 15,123.02 UGX
Dogecoin to UGX
1 DOGE to Sh 1,143.9 UGX
Aave to UGX
1 AAVE to Sh 1,138,557.64 UGX
Pepe to UGX
1 PEPE to Sh 0.06857 UGX
Mines of Dalarnia to UGX
1 DAR to Sh 706.75 UGX
Solar to UGX
1 SXP to Sh 1,297.33 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 PAX Gold 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 PAX Gold 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 PAX Gold 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.
