Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Chainlink

Chainlink to Ugandan Shilling Converter and calculator

Convert 1Chainlink (LINK) to Ugandan Shilling (UGX) equals Sh 53,417.59 | 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.

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

LINK to UGX conversion rate trend

1D7D1M3M1YAll
In the past 1D, Chainlink has changed +3.95% to UGX. Based on the trend and price charts, Chainlink(LINK) has changed +3.95% to UGX while Ugandan Shilling(UGX) has changed % to LINK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh53,154.28
0.0001% / 0.0004%vip-iconVIP
Binance
Sh53,182.1
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh53,235.45
0.1000% / 0.1000%
Yes
Kraken
Sh53,355.37
0.1000% / 0.1000%
Yes
OKX
Sh53,201.15
0.080% / 0.100%
Yes
Huobi
Sh53,161.52
0.1000% / 0.1000%
Yes
Gate.io
Sh53,178.29
0.1000% / 0.1000%
Yes
Bybit
Sh53,187.44
0.1000% / 0.1000%
Yes
KuCoin
Sh53,186.67
0.1000% / 0.1000%
Yes
Bitfinex
Sh53,277.37
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 04:00:35(UTC+0)

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

Chainlink to Ugandan Shilling is falling this week.
Chainlink's current market price is Sh 53,417.59 per LINK, with a total market cap of Sh 31,361,465,950,097.97 UGX based on a circulating supply of 587,099,970 LINK. The trading volume of Chainlink has changed by -1.96% (Sh -30,973,787,978.38 UGX) in the last 24 hours. Last trading day, LINK's trading volume was Sh 1,580,698,544,444.04.
Market cap
$8.23B
24h volume
$406.68M
Circulating supply
587.10M LINK

Conversion tables

The exchange rate of Chainlink is decreasing.
1 LINK is currently valued at Sh 53,417.59 UGX , which means buying 5 LINK will cost Sh 267,087.95 UGX . Similarly, Sh1 UGX can be traded for 0.{4}1872 LINK, and Sh50 UGX can be converted to 0.0009360 LINK, excluding any platform or gas fees.
The exchange rate of 1 LINK to Ugandan Shilling has changed by -8.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.95%, reaching a high of 53,901.38 UGX and a low of 50,337.19 UGX . One month ago, the value of 1 LINK was Sh 69,367.93 UGX , which represents a -22.99% change from its current value. Over the last year, Chainlink has changed by
+Sh
1,832.85UGX
, resulting in a change of +85.99% in its value.

LINK to UGX

Amount
04:47 am today
0.5 LINK
Sh26,708.79
1 LINK
Sh53,417.59
5 LINK
Sh267,087.95
10 LINK
Sh534,175.89
50 LINK
Sh2,670,879.45
100 LINK
Sh5,341,758.91
500 LINK
Sh26,708,794.54
1000 LINK
Sh53,417,589.09

UGX to LINK

Amount04:47 am today
0.5UGX0.{5}9360  LINK
1UGX0.{4}1872  LINK
5UGX0.{4}9360  LINK
10UGX0.0001872  LINK
50UGX0.0009360  LINK
100UGX0.001872  LINK
500UGX0.009360  LINK
1000UGX0.01872  LINK
share

Today vs. 24 hours ago

Amount04:47 am today24 hours ago24h change
0.5 LINK$7.01$6.74
+3.95%
1 LINK$14.02$13.49
+3.95%
5 LINK$70.09$67.43
+3.95%
10 LINK$140.18$134.85
+3.95%
50 LINK$700.89$674.27
+3.95%
100 LINK$1,401.78$1,348.53
+3.95%
500 LINK$7,008.9$6,742.65
+3.95%
1000 LINK$14,017.8$13,485.31
+3.95%

Today vs. 1 month ago

Amount04:47 am today1 month ago1M change
0.5 LINK$7.01$9.1
-22.99%
1 LINK$14.02$18.2
-22.99%
5 LINK$70.09$91.02
-22.99%
10 LINK$140.18$182.03
-22.99%
50 LINK$700.89$910.17
-22.99%
100 LINK$1,401.78$1,820.35
-22.99%
500 LINK$7,008.9$9,101.74
-22.99%
1000 LINK$14,017.8$18,203.47
-22.99%

Today vs. 1 year ago

Amount04:47 am today1 year ago1Y change
0.5 LINK$7.01$3.77
+85.99%
1 LINK$14.02$7.54
+85.99%
5 LINK$70.09$37.68
+85.99%
10 LINK$140.18$75.37
+85.99%
50 LINK$700.89$376.84
+85.99%
100 LINK$1,401.78$753.68
+85.99%
500 LINK$7,008.9$3,768.41
+85.99%
1000 LINK$14,017.8$7,536.82
+85.99%

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.