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INDEX to UGX Converter and calculator

INDEX/UGX: 1 INDEX = 5,706.69 UGX. The price of converting 1 Index Cooperative (INDEX) to Ugandan shilling (UGX) is 5,706.69 UGX today.
INDEX
INDEX
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides INDEX to UGX real-time exchange rates, making it easy to convert Index Cooperative (INDEX) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 INDEX is currently valued at 5706.69 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INDEX is currently valued at 5706.69 UGX, which means buying 5 INDEX would cost 28533.47 UGX. Similarly, Sh1 UGX can be converted to 0.0001752 INDEX, and Sh50 UGX can be converted to 0.0008762 INDEX, excluding any platform or gas fees.

Convert INDEX to UGX

Convert UGX to INDEX

Index Cooperative
Ugandan shilling
1 INDEX
5,706.69  UGX
2 INDEX
11,413.39  UGX
5 INDEX
28,533.47  UGX
10 INDEX
57,066.94  UGX
20 INDEX
114,133.88  UGX
50 INDEX
285,334.7  UGX
100 INDEX
570,669.4  UGX
200 INDEX
1,141,338.79  UGX
500 INDEX
2,853,346.98  UGX
1000 INDEX
5,706,693.96  UGX
5000 INDEX
28,533,469.78  UGX
10000 INDEX
57,066,939.57  UGX
In the table above, you'll find a comprehensive INDEX to UGX converter that shows the value of Index Cooperative in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 INDEX to UGX, all the way up to 10000 INDEX, providing a clear view of their respective values.
Ugandan shilling
Index Cooperative
In the table above, you'll find a comprehensive UGX to INDEX converter that shows the value of Ugandan shilling in Index Cooperative across commonly used conversion amounts. The list covers conversions from 1 UGX to INDEX, all the way up to 100000 UGX, providing a clear view of their respective values.

INDEX to UGX chart

INDEX/UGX: 1 INDEX = 5,706.69 UGX; 2025/04/27 20:57:10
In the past 1D, Index Cooperative has changed +1.97% to UGX. Based on the trend and price charts, Index Cooperative(INDEX) has changed +1.97% to UGX while Ugandan shilling(UGX) has changed % to INDEX in the last 24 hours.
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INDEX to UGX conversion data: Volatility and price changes of Index Cooperative in UGX

The highest Index Cooperative price in UGX over the past 7 days was 5,830.23 UGX while the lowest Index Cooperative price in UGX over the past 7 days was 4,764.19 UGX. The relative change between the highs and lows in Index Cooperative price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and INDEX 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
5,774.68 UGX
5,830.23 UGX
7,929.79 UGX
13,001.08 UGX
Low
5,550.2 UGX
4,764.19 UGX
3,769.01 UGX
3,769.01 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+1.97%
+16.71%
+2.74%
-42.91%

Index Cooperative information

INDEX to UGX market statistics

INDEX/UGX:
Sh5,706.69
INDEX 24h volume:
Sh102,027,904.25
INDEX market cap:
--
INDEX circulating supply:
0 INDEX

Current INDEX to UGX exchange rate

Index Cooperative to Ugandan shilling is rising this week.
Index Cooperative's current market price is Sh5,706.69 per INDEX, with a total market cap of Sh0 UGX based on a circulating supply of -- INDEX. The trading volume of Index Cooperative has changed by -44.05% (Sh-80,339,333.41 UGX) in the last 24 hours. Last trading day, INDEX's trading volume was Sh182,367,237.67.

More info about Index Cooperative 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 Index Cooperative currency pair is the INDEX to UGX, with for Index Cooperative's currency code being INDEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert INDEX to UGX

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Convert INDEX to UGX
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INDEX to UGX Conversion tables

The exchange rate of Index Cooperative is increasing.
The exchange rate of 1 INDEX to Ugandan shilling has changed by +16.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.97%, reaching a high of 5,774.68 UGX and a low of 5,550.2 UGX . One month ago, the value of 1 INDEX was Sh5,553.81 UGX , which represents a +2.74% change from its current value. Over the last year, Index Cooperative has changed by
-Sh
10,098.59UGX
, resulting in a change of -63.78% in its value.
24 hours ago1 month ago1 year ago
Amount20:57 today24 hours ago24h change
0.5 INDEXSh2,853.35Sh2,798.07
+1.97%
1 INDEXSh5,706.69Sh5,596.13
+1.97%
5 INDEXSh28,533.47Sh27,980.66
+1.97%
10 INDEXSh57,066.94Sh55,961.32
+1.97%
50 INDEXSh285,334.7Sh279,806.62
+1.97%
100 INDEXSh570,669.4Sh559,613.25
+1.97%
500 INDEXSh2,853,346.98Sh2,798,066.24
+1.97%
1000 INDEXSh5,706,693.96Sh5,596,132.48
+1.97%

INDEX to UGX FAQ

How much is 1 Index Cooperative in UGX?
Right now, the price of 1 Index Cooperative (INDEX) in Ugandan shilling (UGX) is Sh5,706.69.
How much INDEX can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.0001752 INDEX for 1 UGX.
How do I calculate or convert INDEX to UGX?
You can use our INDEX to UGX calculator at the top of this page to convert any amount of INDEX to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.0008762 INDEX, while 5 INDEX will cost around 28,533.47UGX.
What is the highest price of INDEX/UGX in history?
The all-time high price of 1 INDEX in UGX is Sh488,020.46. It remains to be seen if the value of 1 INDEX/UGX will exceed the current all-time high.
What is the price trend of Index Cooperative in UGX?
Over the past 7 days, the exchange rate of Index Cooperative (INDEX) has gone up by 16.71%.   Over the last month, the exchange rate of Index Cooperative (INDEX) has gone up by 2.74% against Ugandan shilling (UGX).

What factors influence the conversion rate of INDEX to UGX?

There are many factors that affect the relationship between Index Cooperative 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 INDEX/UGX. When there is positive news in the market about the widespread adoption of INDEX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of INDEX/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in INDEX/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 INDEX/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 Index Cooperative 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.