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BIOFI to UGX Converter and calculator

BIOFI/UGX: 1 BIOFI = 0.5574 UGX. The price of converting 1 Biometric Financial (BIOFI) to Ugandan shilling (UGX) is 0.5574 UGX today.
BIOFI
BIOFI
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BIOFI to UGX real-time exchange rates, making it easy to convert Biometric Financial (BIOFI) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 BIOFI is currently valued at 0.56 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BIOFI is currently valued at 0.56 UGX, which means buying 5 BIOFI would cost 2.79 UGX. Similarly, Sh1 UGX can be converted to 1.79 BIOFI, and Sh50 UGX can be converted to 8.97 BIOFI, excluding any platform or gas fees.

Convert BIOFI to UGX

Convert UGX to BIOFI

Biometric Financial
Ugandan shilling
200 BIOFI
111.47  UGX
500 BIOFI
278.69  UGX
1000 BIOFI
557.37  UGX
5000 BIOFI
2,786.87  UGX
10000 BIOFI
5,573.73  UGX
In the table above, you'll find a comprehensive BIOFI to UGX converter that shows the value of Biometric Financial in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 BIOFI to UGX, all the way up to 10000 BIOFI, providing a clear view of their respective values.
Ugandan shilling
Biometric Financial
1000 UGX
1,794.13 BIOFI
2000 UGX
3,588.26 BIOFI
5000 UGX
8,970.65 BIOFI
10000 UGX
17,941.3 BIOFI
50000 UGX
89,706.48 BIOFI
100000 UGX
179,412.96 BIOFI
In the table above, you'll find a comprehensive UGX to BIOFI converter that shows the value of Ugandan shilling in Biometric Financial across commonly used conversion amounts. The list covers conversions from 1 UGX to BIOFI, all the way up to 100000 UGX, providing a clear view of their respective values.

BIOFI to UGX chart

BIOFI/UGX: 1 BIOFI = 0.5574 UGX; 2025/04/28 12:10:05
In the past 1D, Biometric Financial has changed -1.55% to UGX. Based on the trend and price charts, Biometric Financial(BIOFI) has changed -1.55% to UGX while Ugandan shilling(UGX) has changed % to BIOFI in the last 24 hours.
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BIOFI to UGX conversion data: Volatility and price changes of Biometric Financial in UGX

The highest Biometric Financial price in UGX over the past 7 days was 0.6269 UGX while the lowest Biometric Financial price in UGX over the past 7 days was 0.4583 UGX. The relative change between the highs and lows in Biometric Financial price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and BIOFI to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.5669 UGX
0.6269 UGX
0.7428 UGX
3.05 UGX
Low
0.5410 UGX
0.4583 UGX
0.4583 UGX
0.4583 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-1.55%
+17.51%
-11.47%
-75.09%

Biometric Financial information

BIOFI to UGX market statistics

BIOFI/UGX:
Sh0.5574
BIOFI 24h volume:
Sh16,828,497.82
BIOFI market cap:
Sh2,181,739,481.22
BIOFI circulating supply:
3.91B BIOFI

Current BIOFI to UGX exchange rate

Biometric Financial to Ugandan shilling is rising this week.
Biometric Financial's current market price is Sh0.5574 per BIOFI, with a total market cap of Sh2,181,739,481.22 UGX based on a circulating supply of 3,914,323,200 BIOFI. The trading volume of Biometric Financial has changed by -38.31% (Sh-10,449,530.82 UGX) in the last 24 hours. Last trading day, BIOFI's trading volume was Sh27,278,028.65.

More info about Biometric Financial on Bitget

Ugandan shilling 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 Biometric Financial currency pair is the BIOFI to UGX, with for Biometric Financial's currency code being BIOFI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert BIOFI to UGX

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BIOFI to UGX Conversion tables

The exchange rate of Biometric Financial is decreasing.
The exchange rate of 1 BIOFI to Ugandan shilling has changed by +17.51% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.55%, reaching a high of 0.5669 UGX and a low of 0.5410 UGX . One month ago, the value of 1 BIOFI was Sh0.6296 UGX , which represents a -11.47% change from its current value. Over the last year, Biometric Financial has changed by
-Sh
3.85UGX
, resulting in a change of -87.35% in its value.
24 hours ago1 month ago1 year ago
Amount12:10 today24 hours ago24h change
0.5 BIOFISh0.2787Sh0.2831
-1.55%
1 BIOFISh0.5574Sh0.5661
-1.55%
5 BIOFISh2.79Sh2.83
-1.55%
10 BIOFISh5.57Sh5.66
-1.55%
50 BIOFISh27.87Sh28.31
-1.55%
100 BIOFISh55.74Sh56.61
-1.55%
500 BIOFISh278.69Sh283.06
-1.55%
1000 BIOFISh557.37Sh566.13
-1.55%

BIOFI to UGX FAQ

How much is 1 Biometric Financial in UGX?
Right now, the price of 1 Biometric Financial (BIOFI) in Ugandan shilling (UGX) is Sh0.5574.
How much BIOFI can I buy for 1 UGX?
Based on the current exchange rate, you can get 1.79 BIOFI for 1 UGX.
How do I calculate or convert BIOFI to UGX?
You can use our BIOFI to UGX calculator at the top of this page to convert any amount of BIOFI to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 8.97 BIOFI, while 5 BIOFI will cost around 2.79UGX.
What is the highest price of BIOFI/UGX in history?
The all-time high price of 1 BIOFI in UGX is Sh111.3. It remains to be seen if the value of 1 BIOFI/UGX will exceed the current all-time high.
What is the price trend of Biometric Financial in UGX?
Over the past 7 days, the exchange rate of Biometric Financial (BIOFI) has gone up by 17.51%.   Over the last month, the exchange rate of Biometric Financial (BIOFI) has gone down by 11.47% against Ugandan shilling (UGX).

What factors influence the conversion rate of BIOFI to UGX?

There are many factors that affect the relationship between Biometric Financial and Ugandan shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of BIOFI/UGX. When there is positive news in the market about the widespread adoption of BIOFI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BIOFI/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BIOFI/UGX.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of BIOFI/UGX. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Biometric Financial and adjust their investment strategies accordingly in the evolving market.

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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.