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base info Portal (IOU)

Portal (IOU) to Ugandan Shilling Converter and calculator

Convert 1Portal (IOU) (PORTAL) to Ugandan Shilling (UGX) equals Sh 0 | Bitget
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PORTAL
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UGX
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 Portal (IOU)(PORTAL) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 PORTAL at a value of 1 PORTAL for 0 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 Portal (IOU) currency pair is the PORTAL to UGX, with for Portal (IOU)'s currency code being PORTAL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

PORTAL to UGX conversion rate trend

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In the past 1D, Portal (IOU) has changed -3.02% to UGX. Based on the trend and price charts, Portal (IOU)(PORTAL) has changed -3.02% to UGX while Ugandan Shilling(UGX) has changed % to PORTAL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh0
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/05/28 02:13:03(UTC+0)

How to buy Portal (IOU)

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Buy Portal (IOU) (PORTAL)
Use a variety of payment options to buy Portal (IOU) on Bitget. We'll show you how.

What factors influence the conversion rate of Portal (IOU) to Ugandan Shilling?

Portal (IOU) to Ugandan Shilling is falling this week.
Portal (IOU)'s current market price is Sh 0 per PORTAL, with a total market cap of Sh 0 UGX based on a circulating supply of -- PORTAL. The trading volume of Portal (IOU) has changed by -2.22% (Sh -10,740,177.45 UGX) in the last 24 hours. Last trading day, PORTAL's trading volume was Sh 483,530,409.36.
Market cap
$0
24h volume
$124.59K
Circulating supply
0 PORTAL

Conversion tables

The exchange rate of Portal (IOU) is decreasing.
1 PORTAL is currently valued at Sh 0 UGX , which means buying 5 PORTAL will cost Sh 0 UGX . Similarly, Sh1 UGX can be traded for Infinity PORTAL, and Sh50 UGX can be converted to Infinity PORTAL, excluding any platform or gas fees.
The exchange rate of 1 PORTAL to Ugandan Shilling has changed by -17.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.02%, reaching a high of 6,478.12 UGX and a low of 6,085.36 UGX . One month ago, the value of 1 PORTAL was Sh 2,455.7 UGX , which represents a -28.58% change from its current value. Over the last year, Portal (IOU) has changed by
+Sh
2,340.72UGX
, resulting in a change of 0.00% in its value.

PORTAL to UGX

Amount
02:13 am today
0.5 PORTAL
Sh0
1 PORTAL
Sh0
5 PORTAL
Sh0
10 PORTAL
Sh0
50 PORTAL
Sh0
100 PORTAL
Sh0
500 PORTAL
Sh0
1000 PORTAL
Sh0

UGX to PORTAL

Amount02:13 am today
0.5UGXInfinity  PORTAL
1UGXInfinity  PORTAL
5UGXInfinity  PORTAL
10UGXInfinity  PORTAL
50UGXInfinity  PORTAL
100UGXInfinity  PORTAL
500UGXInfinity  PORTAL
1000UGXInfinity  PORTAL
Buy Portal (IOU) for 1 UGX
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Today vs. 24 hours ago

Amount02:13 am today24 hours ago24h change
0.5 PORTAL$0.00$0.02520
-3.02%
1 PORTAL$0.00$0.05039
-3.02%
5 PORTAL$0.00$0.2520
-3.02%
10 PORTAL$0.00$0.5039
-3.02%
50 PORTAL$0.00$2.52
-3.02%
100 PORTAL$0.00$5.04
-3.02%
500 PORTAL$0.00$25.2
-3.02%
1000 PORTAL$0.00$50.39
-3.02%

Today vs. 1 month ago

Amount02:13 am today1 month ago1M change
0.5 PORTAL$0.00$0.3236
-28.58%
1 PORTAL$0.00$0.6471
-28.58%
5 PORTAL$0.00$3.24
-28.58%
10 PORTAL$0.00$6.47
-28.58%
50 PORTAL$0.00$32.36
-28.58%
100 PORTAL$0.00$64.71
-28.58%
500 PORTAL$0.00$323.56
-28.58%
1000 PORTAL$0.00$647.12
-28.58%
Buy Portal (IOU) for 1 UGX
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Today vs. 1 year ago

Amount02:13 am today1 year ago1Y change
0.5 PORTAL$0.00$-0.8084
0.00%
1 PORTAL$0.00$-1.6168
0.00%
5 PORTAL$0.00$-8.08412
0.00%
10 PORTAL$0.00$-16.1682
0.00%
50 PORTAL$0.00$-80.8412
0.00%
100 PORTAL$0.00$-161.6823
0.00%
500 PORTAL$0.00$-808.4116
0.00%
1000 PORTAL$0.00$-1616.8231
0.00%

Portal (IOU) price prediction

What will the price of PORTAL be in 2025?

Based on PORTAL's historical price performance prediction model, the price of PORTAL is projected to reach -- in 2025.

What will the price of PORTAL be in 2030?

In 2030, the PORTAL price is expected to rise by -7.00%. By the end of 2030, the PORTAL price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Portal (IOU) for 1 UGX
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Buy Portal (IOU) for 1 UGX
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Buy Portal (IOU) for 1 UGX
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FAQ

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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.