Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Polkadot

Polkadot to Ugandan Shilling Converter and calculator

Convert 1Polkadot (DOT) to Ugandan Shilling (UGX) equals Sh 26,178.92 | 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Polkadot currency pair is the DOT to UGX, with for Polkadot's currency code being DOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

DOT to UGX conversion rate trend

1D7D1M3M1YAll
In the past 1D, Polkadot has changed +7.05% to UGX. Based on the trend and price charts, Polkadot(DOT) has changed +7.05% to UGX while Ugandan Shilling(UGX) has changed % to DOT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh26,030.56
0.0001% / 0.0004%vip-iconVIP
Binance
Sh26,009.33
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh26,013.12
0.1000% / 0.1000%
Yes
Kraken
Sh26,016.53
0.1000% / 0.1000%
Yes
OKX
Sh26,009.33
0.080% / 0.100%
Yes
Huobi
Sh26,038.15
0.1000% / 0.1000%
Yes
Gate.io
Sh26,013.12
0.1000% / 0.1000%
Yes
Bybit
Sh26,043.45
0.1000% / 0.1000%
Yes
KuCoin
Sh26,003.26
0.1000% / 0.1000%
Yes
Bitfinex
Sh26,041.18
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 23:00:33(UTC+0)

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

Polkadot to Ugandan Shilling is falling this week.
Polkadot's current market price is Sh 26,178.92 per DOT, with a total market cap of Sh 37,536,268,141,180.26 UGX based on a circulating supply of 1,433,835,400 DOT. The trading volume of Polkadot has changed by -22.56% (Sh -570,367,958,149.32 UGX) in the last 24 hours. Last trading day, DOT's trading volume was Sh 2,528,630,269,676.57.
Market cap
$9.90B
24h volume
$516.42M
Circulating supply
1.43B DOT

Conversion tables

The exchange rate of Polkadot is decreasing.
1 DOT is currently valued at Sh 26,178.92 UGX , which means buying 5 DOT will cost Sh 130,894.62 UGX . Similarly, Sh1 UGX can be traded for 0.{4}3820 DOT, and Sh50 UGX can be converted to 0.001910 DOT, excluding any platform or gas fees.
The exchange rate of 1 DOT to Ugandan Shilling has changed by -20.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.05%, reaching a high of 26,250.1 UGX and a low of 23,604.1 UGX . One month ago, the value of 1 DOT was Sh 40,912.05 UGX , which represents a -35.99% change from its current value. Over the last year, Polkadot has changed by
+Sh
315.73UGX
, resulting in a change of +1.22% in its value.

DOT to UGX

Amount
23:35 today
0.5 DOT
Sh13,089.46
1 DOT
Sh26,178.92
5 DOT
Sh130,894.62
10 DOT
Sh261,789.24
50 DOT
Sh1,308,946.19
100 DOT
Sh2,617,892.38
500 DOT
Sh13,089,461.91
1000 DOT
Sh26,178,923.82

UGX to DOT

Amount23:35 today
0.5UGX0.{4}1910  DOT
1UGX0.{4}3820  DOT
5UGX0.0001910  DOT
10UGX0.0003820  DOT
50UGX0.001910  DOT
100UGX0.003820  DOT
500UGX0.01910  DOT
1000UGX0.03820  DOT
share

Today vs. 24 hours ago

Amount23:35 today24 hours ago24h change
0.5 DOT$3.45$3.22
+7.05%
1 DOT$6.9$6.45
+7.05%
5 DOT$34.52$32.24
+7.05%
10 DOT$69.04$64.49
+7.05%
50 DOT$345.19$322.43
+7.05%
100 DOT$690.37$644.85
+7.05%
500 DOT$3,451.86$3,224.25
+7.05%
1000 DOT$6,903.72$6,448.51
+7.05%

Today vs. 1 month ago

Amount23:35 today1 month ago1M change
0.5 DOT$3.45$5.39
-35.99%
1 DOT$6.9$10.79
-35.99%
5 DOT$34.52$53.95
-35.99%
10 DOT$69.04$107.89
-35.99%
50 DOT$345.19$539.45
-35.99%
100 DOT$690.37$1,078.9
-35.99%
500 DOT$3,451.86$5,394.52
-35.99%
1000 DOT$6,903.72$10,789.04
-35.99%

Today vs. 1 year ago

Amount23:35 today1 year ago1Y change
0.5 DOT$3.45$3.41
+1.22%
1 DOT$6.9$6.82
+1.22%
5 DOT$34.52$34.1
+1.22%
10 DOT$69.04$68.2
+1.22%
50 DOT$345.19$341.02
+1.22%
100 DOT$690.37$682.05
+1.22%
500 DOT$3,451.86$3,410.23
+1.22%
1000 DOT$6,903.72$6,820.46
+1.22%

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.