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base info Hedera

Hedera to Ugandan Shilling Converter and calculator

Convert 1Hedera (HBAR) to Ugandan Shilling (UGX) equals Sh 318.47 | Bitget
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 Hedera(HBAR) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 HBAR at a value of 1 HBAR for 318.47 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 Hedera currency pair is the HBAR to UGX, with for Hedera's currency code being HBAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

HBAR to UGX conversion rate trend

In the past 1D, Hedera has changed +0.87% to UGX. Based on the trend and price charts, Hedera(HBAR) has changed +0.87% to UGX while Ugandan Shilling(UGX) has changed % to HBAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
Coinbase Exchange
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/20 16:00:32(UTC+0)

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

Hedera to Ugandan Shilling is falling this week.
Hedera's current market price is Sh 318.47 per HBAR, with a total market cap of Sh 11,382,634,240,894.7 UGX based on a circulating supply of 35,741,577,000 HBAR. The trading volume of Hedera has changed by -29.68% (Sh -65,177,659,887.90 UGX) in the last 24 hours. Last trading day, HBAR's trading volume was Sh 219,569,469,005.15.
Market cap
24h volume
Circulating supply
35.74B HBAR

Conversion tables

The exchange rate of Hedera is decreasing.
1 HBAR is currently valued at Sh 318.47 UGX , which means buying 5 HBAR will cost Sh 1,592.35 UGX . Similarly, Sh1 UGX can be traded for 0.003140 HBAR, and Sh50 UGX can be converted to 0.1570 HBAR, excluding any platform or gas fees.
The exchange rate of 1 HBAR to Ugandan Shilling has changed by -0.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.87%, reaching a high of 318.97 UGX and a low of 302.03 UGX . One month ago, the value of 1 HBAR was Sh 422.58 UGX , which represents a -24.63% change from its current value. Over the last year, Hedera has changed by
, resulting in a change of +36.55% in its value.


16:22 today
0.5 HBAR
100 HBAR
500 HBAR
1000 HBAR


Amount16:22 today
0.5UGX0.001570  HBAR
1UGX0.003140  HBAR
5UGX0.01570  HBAR
10UGX0.03140  HBAR
50UGX0.1570  HBAR
100UGX0.3140  HBAR
500UGX1.57  HBAR
1000UGX3.14  HBAR

Today vs. 24 hours ago

Amount16:22 today24 hours ago24h change
0.5 HBAR$0.04188$0.04152
1 HBAR$0.08376$0.08304
5 HBAR$0.4188$0.4152
10 HBAR$0.8376$0.8304
50 HBAR$4.19$4.15
100 HBAR$8.38$8.3
500 HBAR$41.88$41.52
1000 HBAR$83.76$83.04

Today vs. 1 month ago

Amount16:22 today1 month ago1M change
0.5 HBAR$0.04188$0.05557
1 HBAR$0.08376$0.1111
5 HBAR$0.4188$0.5557
10 HBAR$0.8376$1.11
50 HBAR$4.19$5.56
100 HBAR$8.38$11.11
500 HBAR$41.88$55.57
1000 HBAR$83.76$111.14

Today vs. 1 year ago

Amount16:22 today1 year ago1Y change
0.5 HBAR$0.04188$0.03067
1 HBAR$0.08376$0.06134
5 HBAR$0.4188$0.3067
10 HBAR$0.8376$0.6134
50 HBAR$4.19$3.07
100 HBAR$8.38$6.13
500 HBAR$41.88$30.67
1000 HBAR$83.76$61.34


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