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base info Arbitrum

Arbitrum to Ugandan Shilling Converter and calculator

Convert 1Arbitrum (ARB) to Ugandan Shilling (UGX) equals Sh 4,381.06 | Bitget

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 Arbitrum currency pair is the ARB to UGX, with for Arbitrum's currency code being ARB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

ARB to UGX conversion rate trend

In the past 1D, Arbitrum has changed -0.33% to UGX. Based on the trend and price charts, Arbitrum(ARB) has changed -0.33% to UGX while Ugandan Shilling(UGX) has changed % to ARB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/16 01:00:30(UTC+0)

What factors influence the conversion rate of Arbitrum to Ugandan Shilling?

Arbitrum to Ugandan Shilling is falling this week.
Arbitrum's current market price is Sh 4,381.06 per ARB, with a total market cap of Sh 11,627,068,936,882.96 UGX based on a circulating supply of 2,653,939,500 ARB. The trading volume of Arbitrum has changed by -20.48% (Sh -595,395,665,616.07 UGX) in the last 24 hours. Last trading day, ARB's trading volume was Sh 2,906,495,804,813.62.
Market cap
24h volume
Circulating supply
2.65B ARB

Conversion tables

The exchange rate of Arbitrum is decreasing.
1 ARB is currently valued at Sh 4,381.06 UGX , which means buying 5 ARB will cost Sh 21,905.3 UGX . Similarly, Sh1 UGX can be traded for 0.0002283 ARB, and Sh50 UGX can be converted to 0.01141 ARB, excluding any platform or gas fees.
The exchange rate of 1 ARB to Ugandan Shilling has changed by -26.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.33%, reaching a high of 4,812.61 UGX and a low of 4,274.04 UGX . One month ago, the value of 1 ARB was Sh 6,615.93 UGX , which represents a -33.78% change from its current value. Over the last year, Arbitrum has changed by
, resulting in a change of -30.10% in its value.


01:40 am today
0.5 ARB
10 ARB
50 ARB
100 ARB
500 ARB
1000 ARB


Amount01:40 am today
0.5UGX0.0001141  ARB
1UGX0.0002283  ARB
5UGX0.001141  ARB
10UGX0.002283  ARB
50UGX0.01141  ARB
100UGX0.02283  ARB
500UGX0.1141  ARB
1000UGX0.2283  ARB

Today vs. 24 hours ago

Amount01:40 am today24 hours ago24h change
0.5 ARB$0.5762$0.5781
1 ARB$1.15$1.16
5 ARB$5.76$5.78
10 ARB$11.52$11.56
50 ARB$57.62$57.81
100 ARB$115.23$115.62
500 ARB$576.17$578.08
1000 ARB$1,152.33$1,156.16

Today vs. 1 month ago

Amount01:40 am today1 month ago1M change
0.5 ARB$0.5762$0.8701
1 ARB$1.15$1.74
5 ARB$5.76$8.7
10 ARB$11.52$17.4
50 ARB$57.62$87.01
100 ARB$115.23$174.02
500 ARB$576.17$870.08
1000 ARB$1,152.33$1,740.16

Today vs. 1 year ago

Amount01:40 am today1 year ago1Y change
0.5 ARB$0.5762$0.8243
1 ARB$1.15$1.65
5 ARB$5.76$8.24
10 ARB$11.52$16.49
50 ARB$57.62$82.43
100 ARB$115.23$164.86
500 ARB$576.17$824.3
1000 ARB$1,152.33$1,648.6


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