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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.93%
New listings on Bitget: Pi Network
BTC/USDT$84447.90 (-0.36%)Fear and Greed Index32(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow +$106.9M (1D); -$264M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.93%
New listings on Bitget: Pi Network
BTC/USDT$84447.90 (-0.36%)Fear and Greed Index32(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow +$106.9M (1D); -$264M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
ONT
UGX
Last updated as of 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 Ontology(ONT) to Omani Rial(UGX). This is the real-time data. The current conversion shows 1 ONT at a value of 1 ONT for 538.97 UGX . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
UGX information
About Omani Rial (OMR)
The Omani Rial (OMR), introduced in 1973, is not only Oman's official currency but also a symbol of the nation's economic strength and cultural heritage. It is commonly abbreviated as OMR and represented by the symbol ر.ع. The Rial's introduction marked Oman's transition from the Indian Rupee and the Maria Theresa Thaler, symbolizing a new era of economic self-determination and modernization under Sultan Qaboos bin Said.
Historical Background
The adoption of the Omani Rial was a key step in Oman's post-colonial journey, reflecting the nation's aspiration to forge an independent economic identity. Replacing the Gulf Rupee, the Rial represented Oman's newfound economic independence and was instrumental in aligning its economy with international standards.
Design and Symbolism
The design of the Omani Rial is a celebration of Oman’s rich history and cultural heritage. Banknotes feature images of Sultan Qaboos, traditional Omani architecture, natural landmarks, and historical sites. These designs serve not only as a medium for financial transactions but also as reminders of Oman's heritage and the modern achievements under Sultan Qaboos’s reign.
Economic Role
The Omani Rial plays a crucial role in the nation’s economy, characterized by its substantial oil and gas reserves. As the primary currency, it underpins the oil sector, which is pivotal to Oman's economy, facilitating trade and investment and is vital for the country’s fiscal stability.
Monetary Policy and Stability
Managed by the Central Bank of Oman, the Rial is one of the highest-valued currencies in the world, reflecting Oman's economic stability and substantial hydrocarbon resources. The bank’s policies focus on maintaining the currency's value and stability, crucial for fostering a climate conducive to economic growth and investor confidence.
International Trade and the Omani Rial
The value of the Rial is significant in international trade, particularly for Oman's oil and gas exports. A stable and strong Rial is essential for maintaining competitive prices in the global market and attracting foreign investment in various sectors.
Remittances and the Economy
Remittances from Omanis working abroad and expatriates residing in Oman contribute to the country’s foreign exchange reserves. These inflows, exchanged into Rials, support the currency's stability and contribute to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular Ontology currency pair is the ONT to UGX, with for Ontology's currency code being ONT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
ONT to UGX conversion rate trend
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In the past 1D, Ontology has changed +7.49% to UGX. Based on the trend and price charts, Ontology(ONT) has changed +7.49% to UGX while Omani Rial(UGX) has changed % to ONT in the last 24 hours.
ONT to UGX market statistics
ONT/UGX:
Sh 538.97
ONT 24h volume:
Sh 49,478,718,508.14
ONT market cap:
Sh 492,455,104,238.47
ONT circulating supply:
913.70M ONT
More info about Ontology on Bitget
Current ONT to UGX exchange rate
Ontology to Omani Rial is rising this week.Ontology's current market price is Sh 538.97 per ONT, with a total market cap of Sh 492,455,104,238.47 UGX based on a circulating supply of 913,697,860 ONT. The trading volume of Ontology has changed by -15.32% (Sh -8,948,544,288.08 UGX) in the last 24 hours. Last trading day, ONT's trading volume was Sh 58,427,262,796.22.
ONT to UGX Conversion tables
The exchange rate of Ontology is decreasing.1 ONT is currently valued at Sh 538.97 UGX , which means buying 5 ONT will cost Sh 2,694.85 UGX . Similarly, Sh1 UGX can be traded for 0.001855 ONT, and Sh50 UGX can be converted to 0.09277 ONT, excluding any platform or gas fees.
The exchange rate of 1 ONT to Omani Rial has changed by +12.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.49%, reaching a high of 539.22 UGX and a low of 500.07 UGX . One month ago, the value of 1 ONT was Sh 565.04 UGX , which represents a -4.61% change from its current value. Over the last year, Ontology has changed by , resulting in a change of -60.65% in its value.
-Sh
830.7UGXONT to UGX
Amount
00:51 am today
0.5 ONT
Sh269.48
1 ONT
Sh538.97
5 ONT
Sh2,694.85
10 ONT
Sh5,389.69
50 ONT
Sh26,948.46
100 ONT
Sh53,896.93
500 ONT
Sh269,484.65
1000 ONT
Sh538,969.29
UGX to ONT
Amount00:51 am today
0.5UGX0.0009277 ONT
1UGX0.001855 ONT
5UGX0.009277 ONT
10UGX0.01855 ONT
50UGX0.09277 ONT
100UGX0.1855 ONT
500UGX0.9277 ONT
1000UGX1.86 ONT
ONT to UGX Today vs. 24 hours ago
| Amount | 00:51 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ONT | Sh269.48 | Sh250.7 | +7.49% |
| 1 ONT | Sh538.97 | Sh501.39 | +7.49% |
| 5 ONT | Sh2,694.85 | Sh2,506.97 | +7.49% |
| 10 ONT | Sh5,389.69 | Sh5,013.95 | +7.49% |
| 50 ONT | Sh26,948.46 | Sh25,069.74 | +7.49% |
| 100 ONT | Sh53,896.93 | Sh50,139.48 | +7.49% |
| 500 ONT | Sh269,484.65 | Sh250,697.39 | +7.49% |
| 1000 ONT | Sh538,969.29 | Sh501,394.77 | +7.49% |
ONT to UGX Today vs. 1 month ago
| Amount | 00:51 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ONT | Sh269.48 | Sh282.52 | -4.61% |
| 1 ONT | Sh538.97 | Sh565.04 | -4.61% |
| 5 ONT | Sh2,694.85 | Sh2,825.19 | -4.61% |
| 10 ONT | Sh5,389.69 | Sh5,650.38 | -4.61% |
| 50 ONT | Sh26,948.46 | Sh28,251.9 | -4.61% |
| 100 ONT | Sh53,896.93 | Sh56,503.81 | -4.61% |
| 500 ONT | Sh269,484.65 | Sh282,519.03 | -4.61% |
| 1000 ONT | Sh538,969.29 | Sh565,038.06 | -4.61% |
ONT to UGX Today vs. 1 year ago
| Amount | 00:51 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ONT | Sh269.48 | Sh684.84 | -60.65% |
| 1 ONT | Sh538.97 | Sh1,369.67 | -60.65% |
| 5 ONT | Sh2,694.85 | Sh6,848.36 | -60.65% |
| 10 ONT | Sh5,389.69 | Sh13,696.73 | -60.65% |
| 50 ONT | Sh26,948.46 | Sh68,483.64 | -60.65% |
| 100 ONT | Sh53,896.93 | Sh136,967.28 | -60.65% |
| 500 ONT | Sh269,484.65 | Sh684,836.38 | -60.65% |
| 1000 ONT | Sh538,969.29 | Sh1,369,672.77 | -60.65% |
How to convert ONT to UGX
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Learn moreBuy ONT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of ONT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy ONT with USDT via Bitget spot market.
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Sell ONT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of ONT to UGX. However, you can first exchange ONT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of ONT to UGX?
There are many factors that affect the relationship between Ontology 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 ONT/UGX. When there is positive news in the market about the widespread adoption of ONT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ONT/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ONT/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.
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 ONT/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 Ontology and adjust their investment strategies accordingly in the evolving market.
Ontology Price Prediction
What will the price of ONT be in 2026?
Based on ONT's historical price performance prediction model, the price of ONT is projected to reach $0.1615 in 2026.
What will the price of ONT be in 2031?
In 2031, the ONT price is expected to change by -2.00%. By the end of 2031, the ONT price is projected to reach $0.2148, with a cumulative ROI of +46.26%.
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Popular Ontology Converter
Check out these popular currency conversions of Ontology to several fiat currencies.
ONT to TWD
1 ONT to NT$ 4.78 TWD
ONT to OMR
1 ONT to ر.ع. 0.05664 OMR
ONT to CNY
1 ONT to ¥ 1.07 CNY
ONT to USD
1 ONT to $ 0.1471 USD
ONT to EUR
1 ONT to € 0.1294 EUR
ONT to CAD
1 ONT to C$ 0.2036 CAD
ONT to KRW
1 ONT to ₩ 208.67 KRW
ONT to JPY
1 ONT to ¥ 20.95 JPY
ONT to GBP
1 ONT to £ 0.1109 GBP
ONT to BRL
1 ONT to R$ 0.8545 BRL
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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 Ontology 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 Ontology 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 Ontology 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.
