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base info Ethereum Classic

Ethereum Classic to Ugandan Shilling Converter and calculator

Convert 1Ethereum Classic (ETC) to Ugandan Shilling (UGX) equals Sh 98,774.92 | 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 Ethereum Classic currency pair is the ETC to UGX, with for Ethereum Classic's currency code being ETC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

ETC to UGX conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ethereum Classic has changed -5.93% to UGX. Based on the trend and price charts, Ethereum Classic(ETC) has changed -5.93% to UGX while Ugandan Shilling(UGX) has changed % to ETC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh98,497.91
0.0001% / 0.0004%vip-iconVIP
Binance
Sh98,393.36
0.1000% / 0.1000%
Yes
OKX
Sh98,431.38
0.080% / 0.100%
Yes
Huobi
Sh98,399.44
0.1000% / 0.1000%
Yes
Gate.io
Sh98,321.12
0.1000% / 0.1000%
Yes
Bybit
Sh98,469.4
0.1000% / 0.1000%
Yes
KuCoin
Sh98,331.77
0.1000% / 0.1000%
Yes
Bitfinex
Sh98,826.78
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 13:00:27(UTC+0)

What factors influence the conversion rate of Ethereum Classic to Ugandan Shilling?

Ethereum Classic to Ugandan Shilling is falling this week.
Ethereum Classic's current market price is Sh 98,774.92 per ETC, with a total market cap of Sh 14,478,504,219,643.66 UGX based on a circulating supply of 146,580,780 ETC. The trading volume of Ethereum Classic has changed by -21.40% (Sh -357,776,666,724.60 UGX) in the last 24 hours. Last trading day, ETC's trading volume was Sh 1,671,650,485,102.75.
Market cap
$3.81B
24h volume
$345.58M
Circulating supply
146.58M ETC

Conversion tables

The exchange rate of Ethereum Classic is decreasing.
1 ETC is currently valued at Sh 98,774.92 UGX , which means buying 5 ETC will cost Sh 493,874.59 UGX . Similarly, Sh1 UGX can be traded for 0.{4}1012 ETC, and Sh50 UGX can be converted to 0.0005062 ETC, excluding any platform or gas fees.
The exchange rate of 1 ETC to Ugandan Shilling has changed by -24.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.93%, reaching a high of 104,251.15 UGX and a low of 97,234.9 UGX . One month ago, the value of 1 ETC was Sh 118,159.47 UGX , which represents a -16.42% change from its current value. Over the last year, Ethereum Classic has changed by
+Sh
1,127.05UGX
, resulting in a change of +19.84% in its value.

ETC to UGX

Amount
13:36 today
0.5 ETC
Sh49,387.46
1 ETC
Sh98,774.92
5 ETC
Sh493,874.59
10 ETC
Sh987,749.18
50 ETC
Sh4,938,745.89
100 ETC
Sh9,877,491.77
500 ETC
Sh49,387,458.87
1000 ETC
Sh98,774,917.74

UGX to ETC

Amount13:36 today
0.5UGX0.{5}5062  ETC
1UGX0.{4}1012  ETC
5UGX0.{4}5062  ETC
10UGX0.0001012  ETC
50UGX0.0005062  ETC
100UGX0.001012  ETC
500UGX0.005062  ETC
1000UGX0.01012  ETC
share

Today vs. 24 hours ago

Amount13:36 today24 hours ago24h change
0.5 ETC$12.99$13.81
-5.93%
1 ETC$25.98$27.62
-5.93%
5 ETC$129.9$138.08
-5.93%
10 ETC$259.8$276.16
-5.93%
50 ETC$1,299.02$1,380.82
-5.93%
100 ETC$2,598.04$2,761.64
-5.93%
500 ETC$12,990.18$13,808.22
-5.93%
1000 ETC$25,980.36$27,616.43
-5.93%

Today vs. 1 month ago

Amount13:36 today1 month ago1M change
0.5 ETC$12.99$15.54
-16.42%
1 ETC$25.98$31.08
-16.42%
5 ETC$129.9$155.39
-16.42%
10 ETC$259.8$310.79
-16.42%
50 ETC$1,299.02$1,553.95
-16.42%
100 ETC$2,598.04$3,107.9
-16.42%
500 ETC$12,990.18$15,539.5
-16.42%
1000 ETC$25,980.36$31,079
-16.42%

Today vs. 1 year ago

Amount13:36 today1 year ago1Y change
0.5 ETC$12.99$10.84
+19.84%
1 ETC$25.98$21.68
+19.84%
5 ETC$129.9$108.42
+19.84%
10 ETC$259.8$216.84
+19.84%
50 ETC$1,299.02$1,084.2
+19.84%
100 ETC$2,598.04$2,168.39
+19.84%
500 ETC$12,990.18$10,841.96
+19.84%
1000 ETC$25,980.36$21,683.92
+19.84%

FAQ

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