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Bitcoin SV to Ugandan Shilling Converter and calculator

Convert 1Bitcoin SV (BSV) to Ugandan Shilling (UGX) equals Sh 273,898.21 | 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 Bitcoin SV(BSV) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 BSV at a value of 1 BSV for 273,898.21 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 Bitcoin SV currency pair is the BSV to UGX, with for Bitcoin SV's currency code being BSV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

BSV to UGX conversion rate trend

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In the past 1D, Bitcoin SV has changed +0.03% to UGX. Based on the trend and price charts, Bitcoin SV(BSV) has changed +0.03% to UGX while Ugandan Shilling(UGX) has changed % to BSV in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh274,345.08
0.0001% / 0.0004%vip-iconVIP
OKX
Sh274,496.94
0.080% / 0.100%
Yes
Huobi
Sh274,359.88
0.1000% / 0.1000%
Yes
Gate.io
Sh274,686.77
0.1000% / 0.1000%
Yes
KuCoin
Sh274,041.35
0.1000% / 0.1000%
Yes
Last updated 2024/04/24 06:00:36(UTC+0)

What factors influence the conversion rate of Bitcoin SV to Ugandan Shilling?

Bitcoin SV to Ugandan Shilling is rising this week.
Bitcoin SV's current market price is Sh 273,898.21 per BSV, with a total market cap of Sh 5,393,648,472,094.38 UGX based on a circulating supply of 19,692,162 BSV. The trading volume of Bitcoin SV has changed by -11.85% (Sh -19,173,061,723.87 UGX) in the last 24 hours. Last trading day, BSV's trading volume was Sh 161,864,920,717.2.
Market cap
$1.42B
24h volume
$37.58M
Circulating supply
19.69M BSV

Conversion tables

The exchange rate of Bitcoin SV is decreasing.
1 BSV is currently valued at Sh 273,898.21 UGX , which means buying 5 BSV will cost Sh 1,369,491.06 UGX . Similarly, Sh1 UGX can be traded for 0.{5}3651 BSV, and Sh50 UGX can be converted to 0.0001825 BSV, excluding any platform or gas fees.
The exchange rate of 1 BSV to Ugandan Shilling has changed by +7.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.03%, reaching a high of 275,516.59 UGX and a low of 268,475.09 UGX . One month ago, the value of 1 BSV was Sh 329,953.07 UGX , which represents a -17.00% change from its current value. Over the last year, Bitcoin SV has changed by
+Sh
30,583.18UGX
, resulting in a change of +111.81% in its value.

BSV to UGX

Amount
06:50 am today
0.5 BSV
Sh136,949.11
1 BSV
Sh273,898.21
5 BSV
Sh1,369,491.06
10 BSV
Sh2,738,982.12
50 BSV
Sh13,694,910.6
100 BSV
Sh27,389,821.2
500 BSV
Sh136,949,106.01
1000 BSV
Sh273,898,212.02

UGX to BSV

Amount06:50 am today
0.5UGX0.{5}1825  BSV
1UGX0.{5}3651  BSV
5UGX0.{4}1825  BSV
10UGX0.{4}3651  BSV
50UGX0.0001825  BSV
100UGX0.0003651  BSV
500UGX0.001825  BSV
1000UGX0.003651  BSV
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Today vs. 24 hours ago

Amount06:50 am today24 hours ago24h change
0.5 BSV$36.07$36.06
+0.03%
1 BSV$72.14$72.12
+0.03%
5 BSV$360.71$360.6
+0.03%
10 BSV$721.42$721.2
+0.03%
50 BSV$3,607.12$3,605.99
+0.03%
100 BSV$7,214.23$7,211.98
+0.03%
500 BSV$36,071.15$36,059.92
+0.03%
1000 BSV$72,142.3$72,119.83
+0.03%

Today vs. 1 month ago

Amount06:50 am today1 month ago1M change
0.5 BSV$36.07$43.45
-17.00%
1 BSV$72.14$86.91
-17.00%
5 BSV$360.71$434.53
-17.00%
10 BSV$721.42$869.07
-17.00%
50 BSV$3,607.12$4,345.33
-17.00%
100 BSV$7,214.23$8,690.66
-17.00%
500 BSV$36,071.15$43,453.32
-17.00%
1000 BSV$72,142.3$86,906.64
-17.00%

Today vs. 1 year ago

Amount06:50 am today1 year ago1Y change
0.5 BSV$36.07$17.04
+111.81%
1 BSV$72.14$34.09
+111.81%
5 BSV$360.71$170.43
+111.81%
10 BSV$721.42$340.87
+111.81%
50 BSV$3,607.12$1,704.35
+111.81%
100 BSV$7,214.23$3,408.7
+111.81%
500 BSV$36,071.15$17,043.49
+111.81%
1000 BSV$72,142.3$34,086.97
+111.81%

FAQ

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.