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base info Speedy

Speedy to Ugandan Shilling Converter and calculator

Convert 1Speedy (SPEEDY) to Ugandan Shilling (UGX) equals Sh 0.01285 | 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 Speedy(SPEEDY) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 SPEEDY at a value of 1 SPEEDY for 0.01 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 Speedy currency pair is the SPEEDY to UGX, with for Speedy's currency code being SPEEDY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

SPEEDY to UGX conversion rate trend

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In the past 1D, Speedy has changed -8.01% to UGX. Based on the trend and price charts, Speedy(SPEEDY) has changed -8.01% to UGX while Ugandan Shilling(UGX) has changed % to SPEEDY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh0.01285
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/05/27 01:30:04(UTC+0)

How to buy Speedy

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

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

Speedy to Ugandan Shilling is falling this week.
Speedy's current market price is Sh 0.01285 per SPEEDY, with a total market cap of Sh 0 UGX based on a circulating supply of -- SPEEDY. The trading volume of Speedy has changed by -47.77% (Sh -510,028,360.44 UGX) in the last 24 hours. Last trading day, SPEEDY's trading volume was Sh 1,067,670,557.04.
Market cap
$0
24h volume
$146.73K
Circulating supply
0 SPEEDY

Conversion tables

The exchange rate of Speedy is decreasing.
1 SPEEDY is currently valued at Sh 0.01285 UGX , which means buying 5 SPEEDY will cost Sh 0.06427 UGX . Similarly, Sh1 UGX can be traded for 77.79 SPEEDY, and Sh50 UGX can be converted to 3,889.55 SPEEDY, excluding any platform or gas fees.
The exchange rate of 1 SPEEDY to Ugandan Shilling has changed by -13.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.01%, reaching a high of 0.01449 UGX and a low of 0.01225 UGX . One month ago, the value of 1 SPEEDY was Sh 0.02723 UGX , which represents a -52.80% change from its current value. Over the last year, Speedy has changed by
+Sh
0.01285UGX
, resulting in a change of --% in its value.

SPEEDY to UGX

Amount
01:30 am today
0.5 SPEEDY
Sh0.006427
1 SPEEDY
Sh0.01285
5 SPEEDY
Sh0.06427
10 SPEEDY
Sh0.1285
50 SPEEDY
Sh0.6427
100 SPEEDY
Sh1.29
500 SPEEDY
Sh6.43
1000 SPEEDY
Sh12.85

UGX to SPEEDY

Amount01:30 am today
0.5UGX38.9  SPEEDY
1UGX77.79  SPEEDY
5UGX388.96  SPEEDY
10UGX777.91  SPEEDY
50UGX3,889.55  SPEEDY
100UGX7,779.1  SPEEDY
500UGX38,895.51  SPEEDY
1000UGX77,791.03  SPEEDY
Buy Speedy for 1 UGX
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Today vs. 24 hours ago

Amount01:30 am today24 hours ago24h change
0.5 SPEEDY$0.{5}1691$0.{5}1838
-8.01%
1 SPEEDY$0.{5}3382$0.{5}3677
-8.01%
5 SPEEDY$0.{4}1691$0.{4}1838
-8.01%
10 SPEEDY$0.{4}3382$0.{4}3677
-8.01%
50 SPEEDY$0.0001691$0.0001838
-8.01%
100 SPEEDY$0.0003382$0.0003677
-8.01%
500 SPEEDY$0.001691$0.001838
-8.01%
1000 SPEEDY$0.003382$0.003677
-8.01%

Today vs. 1 month ago

Amount01:30 am today1 month ago1M change
0.5 SPEEDY$0.{5}1691$0.{5}3583
-52.80%
1 SPEEDY$0.{5}3382$0.{5}7165
-52.80%
5 SPEEDY$0.{4}1691$0.{4}3583
-52.80%
10 SPEEDY$0.{4}3382$0.{4}7165
-52.80%
50 SPEEDY$0.0001691$0.0003583
-52.80%
100 SPEEDY$0.0003382$0.0007165
-52.80%
500 SPEEDY$0.001691$0.003583
-52.80%
1000 SPEEDY$0.003382$0.007165
-52.80%
Buy Speedy for 1 UGX
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount01:30 am today1 year ago1Y change
0.5 SPEEDY$0.{5}1691$0.00
--
1 SPEEDY$0.{5}3382$0.00
--
5 SPEEDY$0.{4}1691$0.00
--
10 SPEEDY$0.{4}3382$0.00
--
50 SPEEDY$0.0001691$0.00
--
100 SPEEDY$0.0003382$0.00
--
500 SPEEDY$0.001691$0.00
--
1000 SPEEDY$0.003382$0.00
--

Speedy price prediction

What will the price of SPEEDY be in 2025?

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

What will the price of SPEEDY be in 2030?

In 2030, the SPEEDY price is expected to rise by -14.00%. By the end of 2030, the SPEEDY price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Speedy for 1 UGX
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Buy Speedy for 1 UGX
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Buy Speedy for 1 UGX
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FAQ

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