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base info XRP

XRP to Ugandan Shilling Converter and calculator

Convert 1XRP (XRP) to Ugandan Shilling (UGX) equals Sh 1,891.54 | 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 XRP currency pair is the XRP to UGX, with for XRP's currency code being XRP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

XRP to UGX conversion rate trend

1D7D1M3M1YAll
In the past 1D, XRP has changed +1.59% to UGX. Based on the trend and price charts, XRP(XRP) has changed +1.59% to UGX while Ugandan Shilling(UGX) has changed % to XRP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh1,894.45
0.0001% / 0.0004%vip-iconVIP
Binance
Sh1,893.35
0.1000% / 0.1000%
Yes
Coinbase Exchange
Sh1,892.21
0.1000% / 0.1000%
Yes
Kraken
Sh1,892.93
0.1000% / 0.1000%
Yes
OKX
Sh1,894.11
0.080% / 0.100%
Yes
Huobi
Sh1,893.62
0.1000% / 0.1000%
Yes
Gate.io
Sh1,892.93
0.1000% / 0.1000%
Yes
Bybit
Sh1,893.35
0.1000% / 0.1000%
Yes
KuCoin
Sh1,892.74
0.1000% / 0.1000%
Yes
Bitfinex
Sh1,894.11
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 20:00:29(UTC+0)

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

XRP to Ugandan Shilling is falling this week.
XRP's current market price is Sh 1,891.54 per XRP, with a total market cap of Sh 104,261,566,799,773.25 UGX based on a circulating supply of 55,119,897,000 XRP. The trading volume of XRP has changed by -38.84% (Sh -5,893,834,414,065.91 UGX) in the last 24 hours. Last trading day, XRP's trading volume was Sh 15,174,143,023,189.01.
Market cap
$27.42B
24h volume
$2.44B
Circulating supply
55.12B XRP

Conversion tables

The exchange rate of XRP is decreasing.
1 XRP is currently valued at Sh 1,891.54 UGX , which means buying 5 XRP will cost Sh 9,457.71 UGX . Similarly, Sh1 UGX can be traded for 0.0005287 XRP, and Sh50 UGX can be converted to 0.02643 XRP, excluding any platform or gas fees.
The exchange rate of 1 XRP to Ugandan Shilling has changed by -20.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.59%, reaching a high of 1,973.44 UGX and a low of 1,838.17 UGX . One month ago, the value of 1 XRP was Sh 2,298.5 UGX , which represents a -17.69% change from its current value. Over the last year, XRP has changed by
-Sh
87.47UGX
, resulting in a change of -4.42% in its value.

XRP to UGX

Amount
20:23 today
0.5 XRP
Sh945.77
1 XRP
Sh1,891.54
5 XRP
Sh9,457.71
10 XRP
Sh18,915.41
50 XRP
Sh94,577.07
100 XRP
Sh189,154.14
500 XRP
Sh945,770.7
1000 XRP
Sh1,891,541.41

UGX to XRP

Amount20:23 today
0.5UGX0.0002643  XRP
1UGX0.0005287  XRP
5UGX0.002643  XRP
10UGX0.005287  XRP
50UGX0.02643  XRP
100UGX0.05287  XRP
500UGX0.2643  XRP
1000UGX0.5287  XRP
share

Today vs. 24 hours ago

Amount20:23 today24 hours ago24h change
0.5 XRP$0.2488$0.2449
+1.59%
1 XRP$0.4975$0.4897
+1.59%
5 XRP$2.49$2.45
+1.59%
10 XRP$4.98$4.9
+1.59%
50 XRP$24.88$24.49
+1.59%
100 XRP$49.75$48.97
+1.59%
500 XRP$248.76$244.87
+1.59%
1000 XRP$497.52$489.74
+1.59%

Today vs. 1 month ago

Amount20:23 today1 month ago1M change
0.5 XRP$0.2488$0.3023
-17.69%
1 XRP$0.4975$0.6046
-17.69%
5 XRP$2.49$3.02
-17.69%
10 XRP$4.98$6.05
-17.69%
50 XRP$24.88$30.23
-17.69%
100 XRP$49.75$60.46
-17.69%
500 XRP$248.76$302.28
-17.69%
1000 XRP$497.52$604.56
-17.69%

Today vs. 1 year ago

Amount20:23 today1 year ago1Y change
0.5 XRP$0.2488$0.2603
-4.42%
1 XRP$0.4975$0.5205
-4.42%
5 XRP$2.49$2.6
-4.42%
10 XRP$4.98$5.21
-4.42%
50 XRP$24.88$26.03
-4.42%
100 XRP$49.75$52.05
-4.42%
500 XRP$248.76$260.27
-4.42%
1000 XRP$497.52$520.53
-4.42%

FAQ

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