ABL
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 Airbloc(ABL) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 ABL at a value of 1 ABL for 5.88 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 Airbloc currency pair is the ABL to UGX, with for Airbloc's currency code being ABL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
ABL to UGX conversion rate trend
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In the past 1D, Airbloc has changed +1.76% to UGX. Based on the trend and price charts, Airbloc(ABL) has changed +1.76% to UGX while Ugandan Shilling(UGX) has changed % to ABL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh5.92 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/16 08:32:39(UTC+0)
How to buy Airbloc
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Airbloc (ABL)
Use a variety of payment options to buy Airbloc on Bitget. We'll show you how.
Buy ABL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of ABL with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy ABL 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 ABL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of ABL to UGX. However, you can first exchange ABL 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 Airbloc to Ugandan Shilling?
Airbloc to Ugandan Shilling is rising this week.Airbloc's current market price is Sh 5.88 per ABL, with a total market cap of Sh 0 UGX based on a circulating supply of -- ABL. The trading volume of Airbloc has changed by +31.97% (Sh 57,072,649.62 UGX) in the last 24 hours. Last trading day, ABL's trading volume was Sh 178,543,406.26.
Market cap
$0
24h volume
$64.01K
Circulating supply
0 ABL
Conversion tables
The exchange rate of Airbloc is increasing.1 ABL is currently valued at Sh 5.88 UGX , which means buying 5 ABL will cost Sh 29.4 UGX . Similarly, Sh1 UGX can be traded for 0.1700 ABL, and Sh50 UGX can be converted to 8.5 ABL, excluding any platform or gas fees.
The exchange rate of 1 ABL to Ugandan Shilling has changed by +15.66% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.76%, reaching a high of 5.96 UGX and a low of 5.74 UGX . One month ago, the value of 1 ABL was Sh 4.58 UGX , which represents a +28.70% change from its current value. Over the last year, Airbloc has changed by , resulting in a change of -63.92% in its value.
-Sh
10.37UGXABL to UGX
Amount
16:05 today
0.5 ABL
Sh2.94
1 ABL
Sh5.88
5 ABL
Sh29.4
10 ABL
Sh58.81
50 ABL
Sh294.05
100 ABL
Sh588.09
500 ABL
Sh2,940.47
1000 ABL
Sh5,880.94
UGX to ABL
Amount16:05 today
0.5UGX0.08502 ABL
1UGX0.1700 ABL
5UGX0.8502 ABL
10UGX1.7 ABL
50UGX8.5 ABL
100UGX17 ABL
500UGX85.02 ABL
1000UGX170.04 ABL
Today vs. 24 hours ago
| Amount | 16:05 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ABL | $0.0007988 | $0.0007850 | +1.76% |
| 1 ABL | $0.001598 | $0.001570 | +1.76% |
| 5 ABL | $0.007988 | $0.007850 | +1.76% |
| 10 ABL | $0.01598 | $0.01570 | +1.76% |
| 50 ABL | $0.07988 | $0.07850 | +1.76% |
| 100 ABL | $0.1598 | $0.1570 | +1.76% |
| 500 ABL | $0.7988 | $0.7850 | +1.76% |
| 1000 ABL | $1.6 | $1.57 | +1.76% |
Today vs. 1 month ago
| Amount | 16:05 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ABL | $0.0007988 | $0.0006215 | +28.70% |
| 1 ABL | $0.001598 | $0.001243 | +28.70% |
| 5 ABL | $0.007988 | $0.006215 | +28.70% |
| 10 ABL | $0.01598 | $0.01243 | +28.70% |
| 50 ABL | $0.07988 | $0.06215 | +28.70% |
| 100 ABL | $0.1598 | $0.1243 | +28.70% |
| 500 ABL | $0.7988 | $0.6215 | +28.70% |
| 1000 ABL | $1.6 | $1.24 | +28.70% |
Today vs. 1 year ago
| Amount | 16:05 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ABL | $0.0007988 | $0.002207 | -63.92% |
| 1 ABL | $0.001598 | $0.004413 | -63.92% |
| 5 ABL | $0.007988 | $0.02207 | -63.92% |
| 10 ABL | $0.01598 | $0.04413 | -63.92% |
| 50 ABL | $0.07988 | $0.2207 | -63.92% |
| 100 ABL | $0.1598 | $0.4413 | -63.92% |
| 500 ABL | $0.7988 | $2.21 | -63.92% |
| 1000 ABL | $1.6 | $4.41 | -63.92% |
Airbloc price prediction
What will the price of ABL be in 2025?
Based on ABL's historical price performance prediction model, the price of ABL is projected to reach $0.002027 in 2025.
What will the price of ABL be in 2030?
In 2030, the ABL price is expected to change by -14.00%. By the end of 2030, the ABL price is projected to reach $0.002979, with a cumulative ROI of +92.36%.
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Popular Airbloc conversions
Check out these popular currency conversions of Airbloc to several fiat currencies.
Airbloc to USD
1 ABL to $ 0.001598 USD
Airbloc to GBP
1 ABL to £ 0.001266 GBP
Airbloc to EUR
1 ABL to € 0.001515 EUR
Airbloc to KRW
1 ABL to ₩ 2.23 KRW
Airbloc to CAD
1 ABL to $ 0.002253 CAD
Airbloc to AUD
1 ABL to $ 0.002473 AUD
Airbloc to JPY
1 ABL to ¥ 0.2466 JPY
Airbloc to BRL
1 ABL to R$ 0.009261 BRL
Airbloc to CNY
1 ABL to ¥ 0.01156 CNY
Airbloc to TWD
1 ABL to NT$ 0.05188 TWD
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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 Airbloc 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 Airbloc 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 Airbloc 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.
