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Cardano to Ugandan Shilling Converter and calculator

Convert 1Cardano (ADA) to Ugandan Shilling (UGX) equals Sh 1,918.66 | 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 Cardano(ADA) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 ADA at a value of 1 ADA for 1,918.66 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 Cardano currency pair is the ADA to UGX, with for Cardano's currency code being ADA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

ADA to UGX conversion rate trend

1D7D1M3M1YAll
In the past 1D, Cardano has changed +5.61% to UGX. Based on the trend and price charts, Cardano(ADA) has changed +5.61% to UGX while Ugandan Shilling(UGX) has changed % to ADA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh1,919.07
0.0001% / 0.0004%vip-iconVIP
Binance
Sh1,918.53
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh1,920.05
0.1000% / 0.1000%
Yes
Kraken
Sh1,917.54
0.1000% / 0.1000%
Yes
OKX
Sh1,919.29
0.080% / 0.100%
Yes
Huobi
Sh1,918.41
0.1000% / 0.1000%
Yes
Gate.io
Sh1,919.29
0.1000% / 0.1000%
Yes
Bybit
Sh1,920.43
0.1000% / 0.1000%
Yes
KuCoin
Sh1,919.29
0.1000% / 0.1000%
Yes
Bitfinex
Sh1,916.97
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 12:00:34(UTC+0)

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

Cardano to Ugandan Shilling is rising this week.
Cardano's current market price is Sh 1,918.66 per ADA, with a total market cap of Sh 68,351,514,734,646.49 UGX based on a circulating supply of 35,624,630,000 ADA. The trading volume of Cardano has changed by -26.60% (Sh -557,031,725,588.14 UGX) in the last 24 hours. Last trading day, ADA's trading volume was Sh 2,094,112,104,136.25.
Market cap
$17.98B
24h volume
$404.27M
Circulating supply
35.62B ADA

Conversion tables

The exchange rate of Cardano is decreasing.
1 ADA is currently valued at Sh 1,918.66 UGX , which means buying 5 ADA will cost Sh 9,593.3 UGX . Similarly, Sh1 UGX can be traded for 0.0005212 ADA, and Sh50 UGX can be converted to 0.02606 ADA, excluding any platform or gas fees.
The exchange rate of 1 ADA to Ugandan Shilling has changed by +9.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.61%, reaching a high of 1,947.68 UGX and a low of 1,822.72 UGX . One month ago, the value of 1 ADA was Sh 2,354.68 UGX , which represents a -18.52% change from its current value. Over the last year, Cardano has changed by
+Sh
437.07UGX
, resulting in a change of +29.50% in its value.

ADA to UGX

Amount
12:04 today
0.5 ADA
Sh959.33
1 ADA
Sh1,918.66
5 ADA
Sh9,593.3
10 ADA
Sh19,186.59
50 ADA
Sh95,932.96
100 ADA
Sh191,865.92
500 ADA
Sh959,329.6
1000 ADA
Sh1,918,659.21

UGX to ADA

Amount12:04 today
0.5UGX0.0002606  ADA
1UGX0.0005212  ADA
5UGX0.002606  ADA
10UGX0.005212  ADA
50UGX0.02606  ADA
100UGX0.05212  ADA
500UGX0.2606  ADA
1000UGX0.5212  ADA
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Today vs. 24 hours ago

Amount12:04 today24 hours ago24h change
0.5 ADA$0.2523$0.2389
+5.61%
1 ADA$0.5046$0.4778
+5.61%
5 ADA$2.52$2.39
+5.61%
10 ADA$5.05$4.78
+5.61%
50 ADA$25.23$23.89
+5.61%
100 ADA$50.46$47.78
+5.61%
500 ADA$252.32$238.91
+5.61%
1000 ADA$504.63$477.82
+5.61%

Today vs. 1 month ago

Amount12:04 today1 month ago1M change
0.5 ADA$0.2523$0.3097
-18.52%
1 ADA$0.5046$0.6193
-18.52%
5 ADA$2.52$3.1
-18.52%
10 ADA$5.05$6.19
-18.52%
50 ADA$25.23$30.97
-18.52%
100 ADA$50.46$61.93
-18.52%
500 ADA$252.32$309.66
-18.52%
1000 ADA$504.63$619.31
-18.52%

Today vs. 1 year ago

Amount12:04 today1 year ago1Y change
0.5 ADA$0.2523$0.1948
+29.50%
1 ADA$0.5046$0.3897
+29.50%
5 ADA$2.52$1.95
+29.50%
10 ADA$5.05$3.9
+29.50%
50 ADA$25.23$19.48
+29.50%
100 ADA$50.46$38.97
+29.50%
500 ADA$252.32$194.84
+29.50%
1000 ADA$504.63$389.68
+29.50%

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.