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base info TRON

TRON to Ugandan Shilling Converter and calculator

Convert 1TRON (TRX) to Ugandan Shilling (UGX) equals Sh 420.24 | 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 TRON currency pair is the TRX to UGX, with for TRON's currency code being TRX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

TRX to UGX conversion rate trend

1D7D1M3M1YAll
In the past 1D, TRON has changed -2.77% to UGX. Based on the trend and price charts, TRON(TRX) has changed -2.77% to UGX while Ugandan Shilling(UGX) has changed % to TRX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh419.17
0.0001% / 0.0004%vip-iconVIP
Binance
Sh418.9
0.1000% / 0.1000%
Yes
OKX
Sh418.64
0.080% / 0.100%
Yes
Huobi
Sh418.64
0.1000% / 0.1000%
Yes
Gate.io
Sh418.67
0.1000% / 0.1000%
Yes
Bybit
Sh419.05
0.1000% / 0.1000%
Yes
KuCoin
Sh419.02
0.1000% / 0.1000%
Yes
Bitfinex
Sh419.17
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 12:00:32(UTC+0)

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

TRON to Ugandan Shilling is falling this week.
TRON's current market price is Sh 420.24 per TRX, with a total market cap of Sh 36,831,572,496,633.75 UGX based on a circulating supply of 87,643,950,000 TRX. The trading volume of TRON has changed by +20.19% (Sh 407,841,541,691.46 UGX) in the last 24 hours. Last trading day, TRX's trading volume was Sh 2,020,117,597,164.08.
Market cap
$9.71B
24h volume
$640.28M
Circulating supply
87.64B TRX

Conversion tables

The exchange rate of TRON is decreasing.
1 TRX is currently valued at Sh 420.24 UGX , which means buying 5 TRX will cost Sh 2,101.2 UGX . Similarly, Sh1 UGX can be traded for 0.002380 TRX, and Sh50 UGX can be converted to 0.1190 TRX, excluding any platform or gas fees.
The exchange rate of 1 TRX to Ugandan Shilling has changed by -7.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.77%, reaching a high of 435.02 UGX and a low of 409.03 UGX . One month ago, the value of 1 TRX was Sh 477.57 UGX , which represents a -12.00% change from its current value. Over the last year, TRON has changed by
+Sh
169.93UGX
, resulting in a change of +67.89% in its value.

TRX to UGX

Amount
12:08 today
0.5 TRX
Sh210.12
1 TRX
Sh420.24
5 TRX
Sh2,101.2
10 TRX
Sh4,202.41
50 TRX
Sh21,012.05
100 TRX
Sh42,024.09
500 TRX
Sh210,120.45
1000 TRX
Sh420,240.91

UGX to TRX

Amount12:08 today
0.5UGX0.001190  TRX
1UGX0.002380  TRX
5UGX0.01190  TRX
10UGX0.02380  TRX
50UGX0.1190  TRX
100UGX0.2380  TRX
500UGX1.19  TRX
1000UGX2.38  TRX
share

Today vs. 24 hours ago

Amount12:08 today24 hours ago24h change
0.5 TRX$0.05541$0.05699
-2.77%
1 TRX$0.1108$0.1140
-2.77%
5 TRX$0.5541$0.5699
-2.77%
10 TRX$1.11$1.14
-2.77%
50 TRX$5.54$5.7
-2.77%
100 TRX$11.08$11.4
-2.77%
500 TRX$55.41$56.99
-2.77%
1000 TRX$110.82$113.98
-2.77%

Today vs. 1 month ago

Amount12:08 today1 month ago1M change
0.5 TRX$0.05541$0.06297
-12.00%
1 TRX$0.1108$0.1259
-12.00%
5 TRX$0.5541$0.6297
-12.00%
10 TRX$1.11$1.26
-12.00%
50 TRX$5.54$6.3
-12.00%
100 TRX$11.08$12.59
-12.00%
500 TRX$55.41$62.97
-12.00%
1000 TRX$110.82$125.94
-12.00%

Today vs. 1 year ago

Amount12:08 today1 year ago1Y change
0.5 TRX$0.05541$0.03301
+67.89%
1 TRX$0.1108$0.06601
+67.89%
5 TRX$0.5541$0.3301
+67.89%
10 TRX$1.11$0.6601
+67.89%
50 TRX$5.54$3.3
+67.89%
100 TRX$11.08$6.6
+67.89%
500 TRX$55.41$33.01
+67.89%
1000 TRX$110.82$66.01
+67.89%

FAQ

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