Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info VeChain

VeChain to Ugandan Shilling Converter and calculator

Convert 1VeChain (VET) to Ugandan Shilling (UGX) equals Sh 161.69 | Bitget
VET
VET
swap
UGX
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of VeChain(VET) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 VET at a value of 1 VET for 161.69 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.

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

VET to UGX conversion rate trend

1D7D1M3M1YAll
In the past 1D, VeChain has changed +0.77% to UGX. Based on the trend and price charts, VeChain(VET) has changed +0.77% to UGX while Ugandan Shilling(UGX) has changed % to VET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh161.69
0.0001% / 0.0004%vip-iconVIP
Binance
Sh162.88
0.1000% / 0.1000%
Yes
Huobi
Sh162.85
0.1000% / 0.1000%
Yes
Gate.io
Sh162.57
0.1000% / 0.1000%
Yes
KuCoin
Sh162.84
0.1000% / 0.1000%
Yes
Bitfinex
Sh162.61
0.1000% / 0.1000%
Yes
Last updated 2024/04/24 06:00:37(UTC+0)

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

VeChain to Ugandan Shilling is rising this week.
VeChain's current market price is Sh 161.69 per VET, with a total market cap of Sh 11,757,399,095,775.95 UGX based on a circulating supply of 72,714,520,000 VET. The trading volume of VeChain has changed by +2.41% (Sh 5,633,924,428.53 UGX) in the last 24 hours. Last trading day, VET's trading volume was Sh 233,860,131,523.48.
Market cap
$3.10B
24h volume
$63.08M
Circulating supply
72.71B VET

Conversion tables

The exchange rate of VeChain is decreasing.
1 VET is currently valued at Sh 161.69 UGX , which means buying 5 VET will cost Sh 808.46 UGX . Similarly, Sh1 UGX can be traded for 0.006185 VET, and Sh50 UGX can be converted to 0.3092 VET, excluding any platform or gas fees.
The exchange rate of 1 VET to Ugandan Shilling has changed by +5.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.77%, reaching a high of 164.11 UGX and a low of 157.53 UGX . One month ago, the value of 1 VET was Sh 163.36 UGX , which represents a -1.02% change from its current value. Over the last year, VeChain has changed by
+Sh
78.45UGX
, resulting in a change of +94.25% in its value.

VET to UGX

Amount
06:27 am today
0.5 VET
Sh80.85
1 VET
Sh161.69
5 VET
Sh808.46
10 VET
Sh1,616.93
50 VET
Sh8,084.63
100 VET
Sh16,169.26
500 VET
Sh80,846.3
1000 VET
Sh161,692.59

UGX to VET

Amount06:27 am today
0.5UGX0.003092  VET
1UGX0.006185  VET
5UGX0.03092  VET
10UGX0.06185  VET
50UGX0.3092  VET
100UGX0.6185  VET
500UGX3.09  VET
1000UGX6.18  VET
share

Today vs. 24 hours ago

Amount06:27 am today24 hours ago24h change
0.5 VET$0.02129$0.02113
+0.77%
1 VET$0.04259$0.04226
+0.77%
5 VET$0.2129$0.2113
+0.77%
10 VET$0.4259$0.4226
+0.77%
50 VET$2.13$2.11
+0.77%
100 VET$4.26$4.23
+0.77%
500 VET$21.29$21.13
+0.77%
1000 VET$42.59$42.26
+0.77%

Today vs. 1 month ago

Amount06:27 am today1 month ago1M change
0.5 VET$0.02129$0.02151
-1.02%
1 VET$0.04259$0.04303
-1.02%
5 VET$0.2129$0.2151
-1.02%
10 VET$0.4259$0.4303
-1.02%
50 VET$2.13$2.15
-1.02%
100 VET$4.26$4.3
-1.02%
500 VET$21.29$21.51
-1.02%
1000 VET$42.59$43.03
-1.02%

Today vs. 1 year ago

Amount06:27 am today1 year ago1Y change
0.5 VET$0.02129$0.01096
+94.25%
1 VET$0.04259$0.02192
+94.25%
5 VET$0.2129$0.1096
+94.25%
10 VET$0.4259$0.2192
+94.25%
50 VET$2.13$1.1
+94.25%
100 VET$4.26$2.19
+94.25%
500 VET$21.29$10.96
+94.25%
1000 VET$42.59$21.92
+94.25%

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.