Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Ethereum

Ethereum to Ugandan Shilling Converter and calculator

Convert 1Ethereum (ETH) to Ugandan Shilling (UGX) equals Sh 11,797,598.24 | 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 Ethereum currency pair is the ETH to UGX, with for Ethereum's currency code being ETH. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

ETH to UGX conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ethereum has changed +0.97% to UGX. Based on the trend and price charts, Ethereum(ETH) has changed +0.97% to UGX while Ugandan Shilling(UGX) has changed % to ETH in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh11,715,000.22
0.0001% / 0.0004%vip-iconVIP
Binance
Sh11,719,916.02
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh11,728,490.09
0.1000% / 0.1000%
Yes
Kraken
Sh11,728,947.37
0.1000% / 0.1000%
Yes
OKX
Sh11,720,220.88
0.080% / 0.100%
Yes
Huobi
Sh11,721,821.37
0.1000% / 0.1000%
Yes
Gate.io
Sh11,719,687.38
0.1000% / 0.1000%
Yes
Bybit
Sh11,714,809.68
0.1000% / 0.1000%
Yes
KuCoin
Sh11,722,888.36
0.1000% / 0.1000%
Yes
Bitfinex
Sh11,725,517.75
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 21:00:29(UTC+0)

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

Ethereum to Ugandan Shilling is falling this week.
Ethereum's current market price is Sh 11,797,598.24 per ETH, with a total market cap of Sh 1,416,577,228,012,765.8 UGX based on a circulating supply of 120,073,360 ETH. The trading volume of Ethereum has changed by +26.75% (Sh 15,883,445,956,144.76 UGX) in the last 24 hours. Last trading day, ETH's trading volume was Sh 59,370,709,663,008.86.
Market cap
$371.74B
24h volume
$19.75B
Circulating supply
120.07M ETH

Conversion tables

The exchange rate of Ethereum is decreasing.
1 ETH is currently valued at Sh 11,797,598.24 UGX , which means buying 5 ETH will cost Sh 58,987,991.21 UGX . Similarly, Sh1 UGX can be traded for 0.{7}8476 ETH, and Sh50 UGX can be converted to 0.{5}4238 ETH, excluding any platform or gas fees.
The exchange rate of 1 ETH to Ugandan Shilling has changed by -3.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.97%, reaching a high of 11,916,490.88 UGX and a low of 10,932,115.18 UGX . One month ago, the value of 1 ETH was Sh 13,331,669.41 UGX , which represents a -11.51% change from its current value. Over the last year, Ethereum has changed by
+Sh
597,540.31UGX
, resulting in a change of +59.66% in its value.

ETH to UGX

Amount
21:31 today
0.5 ETH
Sh5,898,799.12
1 ETH
Sh11,797,598.24
5 ETH
Sh58,987,991.21
10 ETH
Sh117,975,982.42
50 ETH
Sh589,879,912.09
100 ETH
Sh1,179,759,824.19
500 ETH
Sh5,898,799,120.94
1000 ETH
Sh11,797,598,241.88

UGX to ETH

Amount21:31 today
0.5UGX0.{7}4238  ETH
1UGX0.{7}8476  ETH
5UGX0.{6}4238  ETH
10UGX0.{6}8476  ETH
50UGX0.{5}4238  ETH
100UGX0.{5}8476  ETH
500UGX0.{4}4238  ETH
1000UGX0.{4}8476  ETH
share

Today vs. 24 hours ago

Amount21:31 today24 hours ago24h change
0.5 ETH$1,547.96$1,533.1
+0.97%
1 ETH$3,095.92$3,066.2
+0.97%
5 ETH$15,479.58$15,331.01
+0.97%
10 ETH$30,959.15$30,662.01
+0.97%
50 ETH$154,795.77$153,310.05
+0.97%
100 ETH$309,591.53$306,620.1
+0.97%
500 ETH$1,547,957.65$1,533,100.5
+0.97%
1000 ETH$3,095,915.3$3,066,201
+0.97%

Today vs. 1 month ago

Amount21:31 today1 month ago1M change
0.5 ETH$1,547.96$1,749.24
-11.51%
1 ETH$3,095.92$3,498.48
-11.51%
5 ETH$15,479.58$17,492.42
-11.51%
10 ETH$30,959.15$34,984.85
-11.51%
50 ETH$154,795.77$174,924.24
-11.51%
100 ETH$309,591.53$349,848.49
-11.51%
500 ETH$1,547,957.65$1,749,242.45
-11.51%
1000 ETH$3,095,915.3$3,498,484.9
-11.51%

Today vs. 1 year ago

Amount21:31 today1 year ago1Y change
0.5 ETH$1,547.96$969.55
+59.66%
1 ETH$3,095.92$1,939.11
+59.66%
5 ETH$15,479.58$9,695.55
+59.66%
10 ETH$30,959.15$19,391.09
+59.66%
50 ETH$154,795.77$96,955.46
+59.66%
100 ETH$309,591.53$193,910.93
+59.66%
500 ETH$1,547,957.65$969,554.65
+59.66%
1000 ETH$3,095,915.3$1,939,109.3
+59.66%

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.