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base info Lido DAO

Lido DAO to Ugandan Shilling Converter and calculator

Convert 1Lido DAO (LDO) to Ugandan Shilling (UGX) equals Sh 7,296.3 | 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 Lido DAO currency pair is the LDO to UGX, with for Lido DAO's currency code being LDO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

LDO to UGX conversion rate trend

1D7D1M3M1YAll
In the past 1D, Lido DAO has changed +0.32% to UGX. Based on the trend and price charts, Lido DAO(LDO) has changed +0.32% to UGX while Ugandan Shilling(UGX) has changed % to LDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh7,579.83
0.0001% / 0.0004%vip-iconVIP
Binance
Sh7,576.42
0.1000% / 0.1000%
Yes
OKX
Sh7,572.62
0.080% / 0.100%
Yes
Huobi
Sh7,591.96
0.1000% / 0.1000%
Yes
Gate.io
Sh7,568.83
0.1000% / 0.1000%
Yes
Bybit
Sh7,585.14
0.1000% / 0.1000%
Yes
KuCoin
Sh7,587.79
0.1000% / 0.1000%
Yes
Bitfinex
Sh7,627.99
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 17:00:30(UTC+0)

What factors influence the conversion rate of Lido DAO to Ugandan Shilling?

Lido DAO to Ugandan Shilling is falling this week.
Lido DAO's current market price is Sh 7,296.3 per LDO, with a total market cap of Sh 6,506,339,555,345 UGX based on a circulating supply of 891,731,140 LDO. The trading volume of Lido DAO has changed by +2.83% (Sh 20,405,361,704.07 UGX) in the last 24 hours. Last trading day, LDO's trading volume was Sh 720,910,146,760.87.
Market cap
$1.72B
24h volume
$195.49M
Circulating supply
891.73M LDO

Conversion tables

The exchange rate of Lido DAO is decreasing.
1 LDO is currently valued at Sh 7,296.3 UGX , which means buying 5 LDO will cost Sh 36,481.51 UGX . Similarly, Sh1 UGX can be traded for 0.0001371 LDO, and Sh50 UGX can be converted to 0.006853 LDO, excluding any platform or gas fees.
The exchange rate of 1 LDO to Ugandan Shilling has changed by -26.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.32%, reaching a high of 7,659.93 UGX and a low of 5,884.68 UGX . One month ago, the value of 1 LDO was Sh 10,961.89 UGX , which represents a -33.31% change from its current value. Over the last year, Lido DAO has changed by
-Sh
2,269.98UGX
, resulting in a change of -23.62% in its value.

LDO to UGX

Amount
17:30 today
0.5 LDO
Sh3,648.15
1 LDO
Sh7,296.3
5 LDO
Sh36,481.51
10 LDO
Sh72,963.02
50 LDO
Sh364,815.09
100 LDO
Sh729,630.17
500 LDO
Sh3,648,150.86
1000 LDO
Sh7,296,301.71

UGX to LDO

Amount17:30 today
0.5UGX0.{4}6853  LDO
1UGX0.0001371  LDO
5UGX0.0006853  LDO
10UGX0.001371  LDO
50UGX0.006853  LDO
100UGX0.01371  LDO
500UGX0.06853  LDO
1000UGX0.1371  LDO
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Today vs. 24 hours ago

Amount17:30 today24 hours ago24h change
0.5 LDO$0.9621$0.9590
+0.32%
1 LDO$1.92$1.92
+0.32%
5 LDO$9.62$9.59
+0.32%
10 LDO$19.24$19.18
+0.32%
50 LDO$96.21$95.9
+0.32%
100 LDO$192.41$191.79
+0.32%
500 LDO$962.07$958.95
+0.32%
1000 LDO$1,924.13$1,917.9
+0.32%

Today vs. 1 month ago

Amount17:30 today1 month ago1M change
0.5 LDO$0.9621$1.45
-33.31%
1 LDO$1.92$2.89
-33.31%
5 LDO$9.62$14.45
-33.31%
10 LDO$19.24$28.91
-33.31%
50 LDO$96.21$144.54
-33.31%
100 LDO$192.41$289.08
-33.31%
500 LDO$962.07$1,445.4
-33.31%
1000 LDO$1,924.13$2,890.79
-33.31%

Today vs. 1 year ago

Amount17:30 today1 year ago1Y change
0.5 LDO$0.9621$1.26
-23.62%
1 LDO$1.92$2.52
-23.62%
5 LDO$9.62$12.61
-23.62%
10 LDO$19.24$25.23
-23.62%
50 LDO$96.21$126.14
-23.62%
100 LDO$192.41$252.28
-23.62%
500 LDO$962.07$1,261.38
-23.62%
1000 LDO$1,924.13$2,522.75
-23.62%

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.