GOLD
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 Gold(GOLD) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 GOLD at a value of 1 GOLD for 68.73 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 Gold currency pair is the GOLD to UGX, with for Gold's currency code being GOLD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
GOLD to UGX conversion rate trend
1D7D1M3M1YAll
In the past 1D, Gold has changed +4.16% to UGX. Based on the trend and price charts, Gold(GOLD) has changed +4.16% to UGX while Ugandan Shilling(UGX) has changed % to GOLD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh70.1 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 08:31:27(UTC+0)
How to buy Gold
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Gold (GOLD)
Use a variety of payment options to buy Gold on Bitget. We'll show you how.
Buy GOLD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of GOLD with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy GOLD with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell GOLD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of GOLD to UGX. However, you can first exchange GOLD 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 |
|---|
No matching ads found.
What factors influence the conversion rate of Gold to Ugandan Shilling?
Gold to Ugandan Shilling is rising this week.Gold's current market price is Sh 68.73 per GOLD, with a total market cap of Sh 1,135,247,382.55 UGX based on a circulating supply of 16,517,245 GOLD. The trading volume of Gold has changed by +2650.04% (Sh 7,131,885.03 UGX) in the last 24 hours. Last trading day, GOLD's trading volume was Sh 269,123.36.
Market cap
$307.32K
24h volume
$2.00K
Circulating supply
16.52M GOLD
Conversion tables
The exchange rate of Gold is increasing.1 GOLD is currently valued at Sh 68.73 UGX , which means buying 5 GOLD will cost Sh 343.66 UGX . Similarly, Sh1 UGX can be traded for 0.01455 GOLD, and Sh50 UGX can be converted to 0.7275 GOLD, excluding any platform or gas fees.
The exchange rate of 1 GOLD to Ugandan Shilling has changed by +6.33% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.16%, reaching a high of 70.17 UGX and a low of 65.99 UGX . One month ago, the value of 1 GOLD was Sh 55.03 UGX , which represents a +24.90% change from its current value. Over the last year, Gold has changed by , resulting in a change of -66.64% in its value.
-Sh
137.31UGXGOLD to UGX
Amount
14:58 today
0.5 GOLD
Sh34.37
1 GOLD
Sh68.73
5 GOLD
Sh343.66
10 GOLD
Sh687.31
50 GOLD
Sh3,436.55
100 GOLD
Sh6,873.1
500 GOLD
Sh34,365.52
1000 GOLD
Sh68,731.03
UGX to GOLD
Amount14:58 today
0.5UGX0.007275 GOLD
1UGX0.01455 GOLD
5UGX0.07275 GOLD
10UGX0.1455 GOLD
50UGX0.7275 GOLD
100UGX1.45 GOLD
500UGX7.27 GOLD
1000UGX14.55 GOLD
Today vs. 24 hours ago
| Amount | 14:58 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GOLD | $0.009303 | $0.008932 | +4.16% |
| 1 GOLD | $0.01861 | $0.01786 | +4.16% |
| 5 GOLD | $0.09303 | $0.08932 | +4.16% |
| 10 GOLD | $0.1861 | $0.1786 | +4.16% |
| 50 GOLD | $0.9303 | $0.8932 | +4.16% |
| 100 GOLD | $1.86 | $1.79 | +4.16% |
| 500 GOLD | $9.3 | $8.93 | +4.16% |
| 1000 GOLD | $18.61 | $17.86 | +4.16% |
Today vs. 1 month ago
| Amount | 14:58 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GOLD | $0.009303 | $0.007448 | +24.90% |
| 1 GOLD | $0.01861 | $0.01490 | +24.90% |
| 5 GOLD | $0.09303 | $0.07448 | +24.90% |
| 10 GOLD | $0.1861 | $0.1490 | +24.90% |
| 50 GOLD | $0.9303 | $0.7448 | +24.90% |
| 100 GOLD | $1.86 | $1.49 | +24.90% |
| 500 GOLD | $9.3 | $7.45 | +24.90% |
| 1000 GOLD | $18.61 | $14.9 | +24.90% |
Today vs. 1 year ago
| Amount | 14:58 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GOLD | $0.009303 | $0.02789 | -66.64% |
| 1 GOLD | $0.01861 | $0.05578 | -66.64% |
| 5 GOLD | $0.09303 | $0.2789 | -66.64% |
| 10 GOLD | $0.1861 | $0.5578 | -66.64% |
| 50 GOLD | $0.9303 | $2.79 | -66.64% |
| 100 GOLD | $1.86 | $5.58 | -66.64% |
| 500 GOLD | $9.3 | $27.89 | -66.64% |
| 1000 GOLD | $18.61 | $55.78 | -66.64% |
Gold price prediction
What will the price of GOLD be in 2025?
Based on GOLD's historical price performance prediction model, the price of GOLD is projected to reach $0.03296 in 2025.
What will the price of GOLD be in 2030?
In 2030, the GOLD price is expected to change by 0.00%. By the end of 2030, the GOLD price is projected to reach $0.05841, with a cumulative ROI of +213.02%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Gold conversions
Check out these popular currency conversions of Gold to several fiat currencies.
Gold to USD
1 GOLD to $ 0.01861 USD
Gold to GBP
1 GOLD to £ 0.01485 GBP
Gold to EUR
1 GOLD to € 0.01786 EUR
Gold to KRW
1 GOLD to ₩ 26.13 KRW
Gold to CAD
1 GOLD to $ 0.02611 CAD
Gold to AUD
1 GOLD to $ 0.02861 AUD
Gold to JPY
1 GOLD to ¥ 2.88 JPY
Gold to BRL
1 GOLD to R$ 0.1079 BRL
Gold to CNY
1 GOLD to ¥ 0.1349 CNY
Gold to TWD
1 GOLD to NT$ 0.6062 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Gold.
Bitcoin to UGX
1 BTC to Sh 358,179,382.96 UGX
MAD to UGX
1 MAD to Sh 0.1273 UGX
XRP to UGX
1 XRP to Sh 4,993.5 UGX
Stellar to UGX
1 XLM to Sh 1,747.96 UGX
Kusama to UGX
1 KSM to Sh 141,395.25 UGX
Dogecoin to UGX
1 DOGE to Sh 1,520.44 UGX
Hedera to UGX
1 HBAR to Sh 521.02 UGX
Cardano to UGX
1 ADA to Sh 3,603.4 UGX
Polkadot to UGX
1 DOT to Sh 31,534.93 UGX
Solana to UGX
1 SOL to Sh 909,333.66 UGX
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 Gold 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 Gold 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 Gold 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.
