RAFF
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 Ton Raffles(RAFF) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 RAFF at a value of 1 RAFF for 568.70 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 Ton Raffles currency pair is the RAFF to UGX, with for Ton Raffles's currency code being RAFF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
RAFF to UGX conversion rate trend
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In the past 1D, Ton Raffles has changed +1.17% to UGX. Based on the trend and price charts, Ton Raffles(RAFF) has changed +1.17% to UGX while Ugandan Shilling(UGX) has changed % to RAFF in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh564.39 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 08:33:02(UTC+0)
How to buy Ton Raffles
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Buy Ton Raffles (RAFF)
Use a variety of payment options to buy Ton Raffles on Bitget. We'll show you how.
Buy RAFF (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of RAFF with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy RAFF 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 RAFF (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of RAFF to UGX. However, you can first exchange RAFF 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 Ton Raffles to Ugandan Shilling?
Ton Raffles to Ugandan Shilling is rising this week.Ton Raffles's current market price is Sh 568.7 per RAFF, with a total market cap of Sh 0 UGX based on a circulating supply of -- RAFF. The trading volume of Ton Raffles has changed by -25.12% (Sh -7,238,374.87 UGX) in the last 24 hours. Last trading day, RAFF's trading volume was Sh 28,819,201.98.
Market cap
$0
24h volume
$5.84K
Circulating supply
0 RAFF
Conversion tables
The exchange rate of Ton Raffles is decreasing.1 RAFF is currently valued at Sh 568.7 UGX , which means buying 5 RAFF will cost Sh 2,843.49 UGX . Similarly, Sh1 UGX can be traded for 0.001758 RAFF, and Sh50 UGX can be converted to 0.08792 RAFF, excluding any platform or gas fees.
The exchange rate of 1 RAFF to Ugandan Shilling has changed by +2.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.17%, reaching a high of 572.05 UGX and a low of 531.18 UGX . One month ago, the value of 1 RAFF was Sh 587.89 UGX , which represents a -3.27% change from its current value. Over the last year, Ton Raffles has changed by , resulting in a change of -77.00% in its value.
+Sh
568.7UGXRAFF to UGX
Amount
15:22 today
0.5 RAFF
Sh284.35
1 RAFF
Sh568.7
5 RAFF
Sh2,843.49
10 RAFF
Sh5,686.97
50 RAFF
Sh28,434.87
100 RAFF
Sh56,869.74
500 RAFF
Sh284,348.69
1000 RAFF
Sh568,697.39
UGX to RAFF
Amount15:22 today
0.5UGX0.0008792 RAFF
1UGX0.001758 RAFF
5UGX0.008792 RAFF
10UGX0.01758 RAFF
50UGX0.08792 RAFF
100UGX0.1758 RAFF
500UGX0.8792 RAFF
1000UGX1.76 RAFF
Today vs. 24 hours ago
| Amount | 15:22 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAFF | $0.07696 | $0.07608 | +1.17% |
| 1 RAFF | $0.1539 | $0.1522 | +1.17% |
| 5 RAFF | $0.7696 | $0.7608 | +1.17% |
| 10 RAFF | $1.54 | $1.52 | +1.17% |
| 50 RAFF | $7.7 | $7.61 | +1.17% |
| 100 RAFF | $15.39 | $15.22 | +1.17% |
| 500 RAFF | $76.96 | $76.08 | +1.17% |
| 1000 RAFF | $153.93 | $152.15 | +1.17% |
Today vs. 1 month ago
| Amount | 15:22 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAFF | $0.07696 | $0.07956 | -3.27% |
| 1 RAFF | $0.1539 | $0.1591 | -3.27% |
| 5 RAFF | $0.7696 | $0.7956 | -3.27% |
| 10 RAFF | $1.54 | $1.59 | -3.27% |
| 50 RAFF | $7.7 | $7.96 | -3.27% |
| 100 RAFF | $15.39 | $15.91 | -3.27% |
| 500 RAFF | $76.96 | $79.56 | -3.27% |
| 1000 RAFF | $153.93 | $159.12 | -3.27% |
Today vs. 1 year ago
| Amount | 15:22 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAFF | $0.07696 | $0.00 | -77.00% |
| 1 RAFF | $0.1539 | $0.00 | -77.00% |
| 5 RAFF | $0.7696 | $0.00 | -77.00% |
| 10 RAFF | $1.54 | $0.00 | -77.00% |
| 50 RAFF | $7.7 | $0.00 | -77.00% |
| 100 RAFF | $15.39 | $0.00 | -77.00% |
| 500 RAFF | $76.96 | $0.00 | -77.00% |
| 1000 RAFF | $153.93 | $0.00 | -77.00% |
Ton Raffles price prediction
What will the price of RAFF be in 2025?
Based on RAFF's historical price performance prediction model, the price of RAFF is projected to reach $0.2476 in 2025.
What will the price of RAFF be in 2030?
In 2030, the RAFF price is expected to change by -4.00%. By the end of 2030, the RAFF price is projected to reach $0.4269, with a cumulative ROI of +182.31%.
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Popular Ton Raffles conversions
Check out these popular currency conversions of Ton Raffles to several fiat currencies.
Ton Raffles to USD
1 RAFF to $ 0.1539 USD
Ton Raffles to GBP
1 RAFF to £ 0.1218 GBP
Ton Raffles to EUR
1 RAFF to € 0.1462 EUR
Ton Raffles to KRW
1 RAFF to ₩ 215.23 KRW
Ton Raffles to CAD
1 RAFF to $ 0.2149 CAD
Ton Raffles to AUD
1 RAFF to $ 0.2361 AUD
Ton Raffles to JPY
1 RAFF to ¥ 23.79 JPY
Ton Raffles to BRL
1 RAFF to R$ 0.8970 BRL
Ton Raffles to CNY
1 RAFF to ¥ 1.12 CNY
Ton Raffles to TWD
1 RAFF to NT$ 5.01 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Ton Raffles.
MAD to UGX
1 MAD to Sh -- UGX
XRP to UGX
1 XRP to Sh 4,135.61 UGX
EGO to UGX
1 EGO to Sh 94.15 UGX
Sharpe AI to UGX
1 SAI to Sh 121.78 UGX
Solana to UGX
1 SOL to Sh 919,410.13 UGX
Bitcoin to UGX
1 BTC to Sh 358,541,130.32 UGX
Dogecoin to UGX
1 DOGE to Sh 1,423.32 UGX
Pepe to UGX
1 PEPE to Sh 0.07609 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 5,362.66 UGX
Sui to UGX
1 SUI to Sh 13,307.75 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 Ton Raffles 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 Ton Raffles 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 Ton Raffles 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.
