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base info Akash Network

Akash Network to Ugandan Shilling Converter and calculator

Convert 1Akash Network (AKT) to Ugandan Shilling (UGX) equals Sh 22,570.75 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Akash Network(AKT) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 AKT at a value of 1 AKT for 22,570.75 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Akash Network currency pair is the AKT to UGX, with for Akash Network's currency code being AKT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

AKT to UGX conversion rate trend

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In the past 1D, Akash Network has changed +8.58% to UGX. Based on the trend and price charts, Akash Network(AKT) has changed +8.58% to UGX while Ugandan Shilling(UGX) has changed % to AKT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh22,570.75
0.0001% / 0.0004%vip-iconVIP
Huobi
Sh22,597.79
0.1000% / 0.1000%
Yes
Gate.io
Sh22,587.15
0.1000% / 0.1000%
Yes
KuCoin
Sh22,619.82
0.1000% / 0.1000%
Yes
Last updated 2024/05/21 06:00:15(UTC+0)

How to buy Akash Network

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Buy Akash Network (AKT)
Use a variety of payment options to buy Akash Network on Bitget. We'll show you how.

What factors influence the conversion rate of Akash Network to Ugandan Shilling?

Akash Network to Ugandan Shilling is rising this week.
Akash Network's current market price is Sh 22,570.75 per AKT, with a total market cap of Sh 5,360,454,595,842.6 UGX based on a circulating supply of 237,495,650 AKT. The trading volume of Akash Network has changed by +157.14% (Sh 173,185,624,736.12 UGX) in the last 24 hours. Last trading day, AKT's trading volume was Sh 110,213,212,005.66.
Market cap
$1.41B
24h volume
$74.60M
Circulating supply
237.50M AKT

Conversion tables

The exchange rate of Akash Network is increasing.
1 AKT is currently valued at Sh 22,570.75 UGX , which means buying 5 AKT will cost Sh 112,853.75 UGX . Similarly, Sh1 UGX can be traded for 0.{4}4431 AKT, and Sh50 UGX can be converted to 0.002215 AKT, excluding any platform or gas fees.
The exchange rate of 1 AKT to Ugandan Shilling has changed by +13.18% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.58%, reaching a high of 23,135.79 UGX and a low of 20,614.53 UGX . One month ago, the value of 1 AKT was Sh 15,413.27 UGX , which represents a +46.20% change from its current value. Over the last year, Akash Network has changed by
+Sh
2,296.83UGX
, resulting in a change of +1567.45% in its value.

AKT to UGX

Amount
06:40 am today
0.5 AKT
Sh11,285.38
1 AKT
Sh22,570.75
5 AKT
Sh112,853.75
10 AKT
Sh225,707.5
50 AKT
Sh1,128,537.5
100 AKT
Sh2,257,075
500 AKT
Sh11,285,375
1000 AKT
Sh22,570,750

UGX to AKT

Amount06:40 am today
0.5UGX0.{4}2215  AKT
1UGX0.{4}4431  AKT
5UGX0.0002215  AKT
10UGX0.0004431  AKT
50UGX0.002215  AKT
100UGX0.004431  AKT
500UGX0.02215  AKT
1000UGX0.04431  AKT
Buy Akash Network for 1 UGX
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Today vs. 24 hours ago

Amount06:40 am today24 hours ago24h change
0.5 AKT$2.97$2.74
+8.58%
1 AKT$5.94$5.47
+8.58%
5 AKT$29.71$27.35
+8.58%
10 AKT$59.42$54.7
+8.58%
50 AKT$297.08$273.52
+8.58%
100 AKT$594.17$547.05
+8.58%
500 AKT$2,970.84$2,735.24
+8.58%
1000 AKT$5,941.68$5,470.48
+8.58%

Today vs. 1 month ago

Amount06:40 am today1 month ago1M change
0.5 AKT$2.97$2.03
+46.20%
1 AKT$5.94$4.06
+46.20%
5 AKT$29.71$20.29
+46.20%
10 AKT$59.42$40.57
+46.20%
50 AKT$297.08$202.87
+46.20%
100 AKT$594.17$405.75
+46.20%
500 AKT$2,970.84$2,028.75
+46.20%
1000 AKT$5,941.68$4,057.5
+46.20%
Buy Akash Network for 1 UGX
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount06:40 am today1 year ago1Y change
0.5 AKT$2.97$0.1685
+1567.45%
1 AKT$5.94$0.3370
+1567.45%
5 AKT$29.71$1.69
+1567.45%
10 AKT$59.42$3.37
+1567.45%
50 AKT$297.08$16.85
+1567.45%
100 AKT$594.17$33.7
+1567.45%
500 AKT$2,970.84$168.52
+1567.45%
1000 AKT$5,941.68$337.05
+1567.45%

Akash Network price prediction

What will the price of AKT be in 2025?

Based on AKT's historical price performance prediction model, the price of AKT is projected to reach $7.71 in 2025.

What will the price of AKT be in 2030?

In 2030, the AKT price is expected to rise by -20.00%. By the end of 2030, the AKT price is projected to reach $14.29, with a cumulative ROI of +140.50%.
Buy Akash Network for 1 UGX
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Buy Akash Network for 1 UGX
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Akash Network for 1 UGX
A welcome pack worth 1000 USDT for new Bitgetters!
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FAQ

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