USDB
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 USDB(USDB) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 USDB at a value of 1 USDB for 3,632.57 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 USDB currency pair is the USDB to UGX, with for USDB's currency code being USDB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
USDB to UGX conversion rate trend
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In the past 1D, USDB has changed -1.00% to UGX. Based on the trend and price charts, USDB(USDB) has changed -1.00% to UGX while Ugandan Shilling(UGX) has changed % to USDB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh3,632.37 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/18 08:30:17(UTC+0)
How to buy USDB
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy USDB (USDB)
Use a variety of payment options to buy USDB on Bitget. We'll show you how.
Buy USDB (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of USDB with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy USDB 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 USDB (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of USDB to UGX. However, you can first exchange USDB 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 USDB to Ugandan Shilling?
USDB to Ugandan Shilling is rising this week.USDB's current market price is Sh 3,632.57 per USDB, with a total market cap of Sh 427,507,645,118.81 UGX based on a circulating supply of 117,687,416 USDB. The trading volume of USDB has changed by +16.16% (Sh 7,351,374,035.06 UGX) in the last 24 hours. Last trading day, USDB's trading volume was Sh 45,494,835,816.35.
Market cap
$117.44M
24h volume
$14.52M
Circulating supply
117.69M USDB
Conversion tables
The exchange rate of USDB is increasing.1 USDB is currently valued at Sh 3,632.57 UGX , which means buying 5 USDB will cost Sh 18,162.84 UGX . Similarly, Sh1 UGX can be traded for 0.0002753 USDB, and Sh50 UGX can be converted to 0.01376 USDB, excluding any platform or gas fees.
The exchange rate of 1 USDB to Ugandan Shilling has changed by +0.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.00%, reaching a high of 3,689.86 UGX and a low of 3,626.62 UGX . One month ago, the value of 1 USDB was Sh 3,594.04 UGX , which represents a +1.07% change from its current value. Over the last year, USDB has changed by , resulting in a change of -1.14% in its value.
-Sh
41.88UGXUSDB to UGX
Amount
16:02 today
0.5 USDB
Sh1,816.28
1 USDB
Sh3,632.57
5 USDB
Sh18,162.84
10 USDB
Sh36,325.69
50 USDB
Sh181,628.44
100 USDB
Sh363,256.89
500 USDB
Sh1,816,284.43
1000 USDB
Sh3,632,568.87
UGX to USDB
Amount16:02 today
0.5UGX0.0001376 USDB
1UGX0.0002753 USDB
5UGX0.001376 USDB
10UGX0.002753 USDB
50UGX0.01376 USDB
100UGX0.02753 USDB
500UGX0.1376 USDB
1000UGX0.2753 USDB
Today vs. 24 hours ago
| Amount | 16:02 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 USDB | $0.4989 | $0.5040 | -1.00% |
| 1 USDB | $0.9979 | $1.01 | -1.00% |
| 5 USDB | $4.99 | $5.04 | -1.00% |
| 10 USDB | $9.98 | $10.08 | -1.00% |
| 50 USDB | $49.89 | $50.4 | -1.00% |
| 100 USDB | $99.79 | $100.79 | -1.00% |
| 500 USDB | $498.94 | $503.97 | -1.00% |
| 1000 USDB | $997.89 | $1,007.93 | -1.00% |
Today vs. 1 month ago
| Amount | 16:02 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 USDB | $0.4989 | $0.4937 | +1.07% |
| 1 USDB | $0.9979 | $0.9873 | +1.07% |
| 5 USDB | $4.99 | $4.94 | +1.07% |
| 10 USDB | $9.98 | $9.87 | +1.07% |
| 50 USDB | $49.89 | $49.37 | +1.07% |
| 100 USDB | $99.79 | $98.73 | +1.07% |
| 500 USDB | $498.94 | $493.65 | +1.07% |
| 1000 USDB | $997.89 | $987.31 | +1.07% |
Today vs. 1 year ago
| Amount | 16:02 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 USDB | $0.4989 | $0.5047 | -1.14% |
| 1 USDB | $0.9979 | $1.01 | -1.14% |
| 5 USDB | $4.99 | $5.05 | -1.14% |
| 10 USDB | $9.98 | $10.09 | -1.14% |
| 50 USDB | $49.89 | $50.47 | -1.14% |
| 100 USDB | $99.79 | $100.94 | -1.14% |
| 500 USDB | $498.94 | $504.7 | -1.14% |
| 1000 USDB | $997.89 | $1,009.39 | -1.14% |
USDB price prediction
What will the price of USDB be in 2025?
Based on USDB's historical price performance prediction model, the price of USDB is projected to reach $1.42 in 2025.
What will the price of USDB be in 2030?
In 2030, the USDB price is expected to change by +9.00%. By the end of 2030, the USDB price is projected to reach $2.4, with a cumulative ROI of +140.27%.
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Popular USDB conversions
Check out these popular currency conversions of USDB to several fiat currencies.
USDB to USD
1 USDB to $ 0.9979 USD
USDB to GBP
1 USDB to £ 0.7845 GBP
USDB to EUR
1 USDB to € 0.9508 EUR
USDB to KRW
1 USDB to ₩ 1,435.09 KRW
USDB to CAD
1 USDB to $ 1.43 CAD
USDB to AUD
1 USDB to $ 1.58 AUD
USDB to JPY
1 USDB to ¥ 153.58 JPY
USDB to BRL
1 USDB to R$ 6.13 BRL
USDB to CNY
1 USDB to ¥ 7.27 CNY
USDB to TWD
1 USDB to NT$ 32.46 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in USDB.
Bitcoin to UGX
1 BTC to Sh 379,917,651.04 UGX
Solana to UGX
1 SOL to Sh 791,864.39 UGX
Litecoin to UGX
1 LTC to Sh 425,670.2 UGX
Hedera to UGX
1 HBAR to Sh 1,074.96 UGX
Dogecoin to UGX
1 DOGE to Sh 1,398.15 UGX
BNB to UGX
1 BNB to Sh 2,593,357.89 UGX
Bitget Token to UGX
1 BGB to Sh 15,094.82 UGX
Movement to UGX
1 MOVE to Sh 2,328.76 UGX
NEAR Protocol to UGX
1 NEAR to Sh 22,291.31 UGX
Uniswap to UGX
1 UNI to Sh 56,911.7 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 USDB 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 USDB 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 USDB 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.
