ARK
UGX
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Ark(ARK) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 ARK at a value of 1 ARK for 2,301.28 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.
Bitget crypto-to-fiat exchange data shows that the most popular Ark currency pair is the ARK to UGX, with for Ark's currency code being ARK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
ARK to UGX conversion rate trend
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In the past 1D, Ark has changed +2.87% to UGX. Based on the trend and price charts, Ark(ARK) has changed +2.87% to UGX while Ugandan Shilling(UGX) has changed % to ARK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh2,469.83 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh2,475.74 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh2,482.39 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/24 08:00:14(UTC+0)
How to buy Ark
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Buy Ark (ARK)
Use a variety of payment options to buy Ark on Bitget. We'll show you how.
Learn MoreBuy ARK (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of ARK with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy ARK with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell ARK (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of ARK to UGX. However, you can first exchange ARK for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Ark to Ugandan Shilling?
Ark to Ugandan Shilling is rising this week.Ark's current market price is Sh 2,301.28 per ARK, with a total market cap of Sh 425,642,440,570.86 UGX based on a circulating supply of 184,958,720 ARK. The trading volume of Ark has changed by +101.31% (Sh 131,353,710,624.88 UGX) in the last 24 hours. Last trading day, ARK's trading volume was Sh 129,657,530,806.86.
Market cap
$115.22M
24h volume
$70.66M
Circulating supply
184.96M ARK
Conversion tables
The exchange rate of Ark is increasing.1 ARK is currently valued at Sh 2,301.28 UGX , which means buying 5 ARK will cost Sh 11,506.42 UGX . Similarly, Sh1 UGX can be traded for 0.0004345 ARK, and Sh50 UGX can be converted to 0.02173 ARK, excluding any platform or gas fees.
The exchange rate of 1 ARK to Ugandan Shilling has changed by +2.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.87%, reaching a high of 2,486.68 UGX and a low of 2,198 UGX . One month ago, the value of 1 ARK was Sh 1,934.43 UGX , which represents a +19.03% change from its current value. Over the last year, Ark has changed by , resulting in a change of -60.08% in its value.
-Sh
3,453.35UGXARK to UGX
Amount
11:42 am today
0.5 ARK
Sh1,150.64
1 ARK
Sh2,301.28
5 ARK
Sh11,506.42
10 ARK
Sh23,012.83
50 ARK
Sh115,064.17
100 ARK
Sh230,128.35
500 ARK
Sh1,150,641.74
1000 ARK
Sh2,301,283.47
UGX to ARK
Amount11:42 am today
0.5UGX0.0002173 ARK
1UGX0.0004345 ARK
5UGX0.002173 ARK
10UGX0.004345 ARK
50UGX0.02173 ARK
100UGX0.04345 ARK
500UGX0.2173 ARK
1000UGX0.4345 ARK
Today vs. 24 hours ago
| Amount | 11:42 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ARK | $0.3115 | $0.3028 | +2.87% |
| 1 ARK | $0.6230 | $0.6056 | +2.87% |
| 5 ARK | $3.11 | $3.03 | +2.87% |
| 10 ARK | $6.23 | $6.06 | +2.87% |
| 50 ARK | $31.15 | $30.28 | +2.87% |
| 100 ARK | $62.3 | $60.56 | +2.87% |
| 500 ARK | $311.49 | $302.81 | +2.87% |
| 1000 ARK | $622.97 | $605.62 | +2.87% |
Today vs. 1 month ago
| Amount | 11:42 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ARK | $0.3115 | $0.2618 | +19.03% |
| 1 ARK | $0.6230 | $0.5237 | +19.03% |
| 5 ARK | $3.11 | $2.62 | +19.03% |
| 10 ARK | $6.23 | $5.24 | +19.03% |
| 50 ARK | $31.15 | $26.18 | +19.03% |
| 100 ARK | $62.3 | $52.37 | +19.03% |
| 500 ARK | $311.49 | $261.83 | +19.03% |
| 1000 ARK | $622.97 | $523.66 | +19.03% |
Today vs. 1 year ago
| Amount | 11:42 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ARK | $0.3115 | $0.7789 | -60.08% |
| 1 ARK | $0.6230 | $1.56 | -60.08% |
| 5 ARK | $3.11 | $7.79 | -60.08% |
| 10 ARK | $6.23 | $15.58 | -60.08% |
| 50 ARK | $31.15 | $77.89 | -60.08% |
| 100 ARK | $62.3 | $155.78 | -60.08% |
| 500 ARK | $311.49 | $778.91 | -60.08% |
| 1000 ARK | $622.97 | $1,557.82 | -60.08% |
Ark price prediction
What will the price of ARK be in 2025?
Based on ARK's historical price performance prediction model, the price of ARK is projected to reach $0.8700 in 2025.
What will the price of ARK be in 2030?
In 2030, the ARK price is expected to change by +2.00%. By the end of 2030, the ARK price is projected to reach $1.34, with a cumulative ROI of +129.72%.
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Popular Ark conversions
Check out these popular currency conversions of Ark to several fiat currencies.
Ark to USD
1 ARK to $ 0.6230 USD
Ark to GBP
1 ARK to £ 0.4971 GBP
Ark to EUR
1 ARK to € 0.5979 EUR
Ark to KRW
1 ARK to ₩ 874.97 KRW
Ark to CAD
1 ARK to $ 0.8742 CAD
Ark to AUD
1 ARK to $ 0.9579 AUD
Ark to JPY
1 ARK to ¥ 96.42 JPY
Ark to BRL
1 ARK to R$ 3.61 BRL
Ark to CNY
1 ARK to ¥ 4.52 CNY
Ark to TWD
1 ARK to NT$ 20.3 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Ark.
Bitcoin to UGX
1 BTC to Sh 359,899,284.57 UGX
MAD to UGX
1 MAD to Sh 0.09725 UGX
XRP to UGX
1 XRP to Sh 5,177.1 UGX
Stellar to UGX
1 XLM to Sh 2,060.5 UGX
Kusama to UGX
1 KSM to Sh 151,767.14 UGX
Dogecoin to UGX
1 DOGE to Sh 1,549.94 UGX
Hedera to UGX
1 HBAR to Sh 547.1 UGX
Cardano to UGX
1 ADA to Sh 3,787.66 UGX
Polkadot to UGX
1 DOT to Sh 32,075.1 UGX
Solana to UGX
1 SOL to Sh 922,451.14 UGX
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Ark and UGX.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Ark and UGX. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Ark in UGX, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
