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base info NEAR Protocol

NEAR Protocol to Ugandan Shilling Converter and calculator

Convert 1NEAR Protocol (NEAR) to Ugandan Shilling (UGX) equals Sh 24,044.1 | Bitget
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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 NEAR Protocol(NEAR) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 NEAR at a value of 1 NEAR for 24,044.10 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 NEAR Protocol currency pair is the NEAR to UGX, with for NEAR Protocol's currency code being NEAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

NEAR to UGX conversion rate trend

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In the past 1D, NEAR Protocol has changed +11.93% to UGX. Based on the trend and price charts, NEAR Protocol(NEAR) has changed +11.93% to UGX while Ugandan Shilling(UGX) has changed % to NEAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh23,823.86
0.0001% / 0.0004%vip-iconVIP
Binance
Sh23,831.47
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh23,706
0.1000% / 0.1000%
Yes
OKX
Sh23,850.48
0.080% / 0.100%
Yes
Huobi
Sh23,832.99
0.1000% / 0.1000%
Yes
Gate.io
Sh23,835.27
0.1000% / 0.1000%
Yes
Bybit
Sh23,816.64
0.1000% / 0.1000%
Yes
KuCoin
Sh23,836.79
0.1000% / 0.1000%
Yes
Bitfinex
Sh23,796.49
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 02:00:37(UTC+0)

What factors influence the conversion rate of NEAR Protocol to Ugandan Shilling?

NEAR Protocol to Ugandan Shilling is rising this week.
NEAR Protocol's current market price is Sh 24,044.1 per NEAR, with a total market cap of Sh 25,592,743,452,557.3 UGX based on a circulating supply of 1,064,408,260 NEAR. The trading volume of NEAR Protocol has changed by -26.51% (Sh -507,625,677,439.90 UGX) in the last 24 hours. Last trading day, NEAR's trading volume was Sh 1,915,012,156,618.28.
Market cap
$6.73B
24h volume
$370.16M
Circulating supply
1.06B NEAR

Conversion tables

The exchange rate of NEAR Protocol is increasing.
1 NEAR is currently valued at Sh 24,044.1 UGX , which means buying 5 NEAR will cost Sh 120,220.52 UGX . Similarly, Sh1 UGX can be traded for 0.{4}4159 NEAR, and Sh50 UGX can be converted to 0.002080 NEAR, excluding any platform or gas fees.
The exchange rate of 1 NEAR to Ugandan Shilling has changed by +24.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.93%, reaching a high of 24,049.36 UGX and a low of 21,168.49 UGX . One month ago, the value of 1 NEAR was Sh 23,700.43 UGX , which represents a +1.45% change from its current value. Over the last year, NEAR Protocol has changed by
+Sh
1,547.09UGX
, resulting in a change of +229.88% in its value.

NEAR to UGX

Amount
02:30 am today
0.5 NEAR
Sh12,022.05
1 NEAR
Sh24,044.1
5 NEAR
Sh120,220.52
10 NEAR
Sh240,441.05
50 NEAR
Sh1,202,205.24
100 NEAR
Sh2,404,410.48
500 NEAR
Sh12,022,052.41
1000 NEAR
Sh24,044,104.83

UGX to NEAR

Amount02:30 am today
0.5UGX0.{4}2080  NEAR
1UGX0.{4}4159  NEAR
5UGX0.0002080  NEAR
10UGX0.0004159  NEAR
50UGX0.002080  NEAR
100UGX0.004159  NEAR
500UGX0.02080  NEAR
1000UGX0.04159  NEAR
share

Today vs. 24 hours ago

Amount02:30 am today24 hours ago24h change
0.5 NEAR$3.16$2.82
+11.93%
1 NEAR$6.32$5.65
+11.93%
5 NEAR$31.62$28.25
+11.93%
10 NEAR$63.24$56.5
+11.93%
50 NEAR$316.2$282.49
+11.93%
100 NEAR$632.39$564.97
+11.93%
500 NEAR$3,161.96$2,824.85
+11.93%
1000 NEAR$6,323.93$5,649.7
+11.93%

Today vs. 1 month ago

Amount02:30 am today1 month ago1M change
0.5 NEAR$3.16$3.12
+1.45%
1 NEAR$6.32$6.23
+1.45%
5 NEAR$31.62$31.17
+1.45%
10 NEAR$63.24$62.34
+1.45%
50 NEAR$316.2$311.68
+1.45%
100 NEAR$632.39$623.35
+1.45%
500 NEAR$3,161.96$3,116.77
+1.45%
1000 NEAR$6,323.93$6,233.54
+1.45%

Today vs. 1 year ago

Amount02:30 am today1 year ago1Y change
0.5 NEAR$3.16$0.9585
+229.88%
1 NEAR$6.32$1.92
+229.88%
5 NEAR$31.62$9.59
+229.88%
10 NEAR$63.24$19.17
+229.88%
50 NEAR$316.2$95.85
+229.88%
100 NEAR$632.39$191.7
+229.88%
500 NEAR$3,161.96$958.51
+229.88%
1000 NEAR$6,323.93$1,917.02
+229.88%

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.