AKT
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 Akash Network(AKT) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 AKT at a value of 1 AKT for 11,352.71 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 Akash Network currency pair is the AKT to UGX, with for Akash Network's currency code being AKT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
AKT to UGX conversion rate trend
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In the past 1D, Akash Network has changed -9.21% to UGX. Based on the trend and price charts, Akash Network(AKT) has changed -9.21% to UGX while Ugandan Shilling(UGX) has changed % to AKT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh11,432.2 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | Sh11,477.09 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh11,472.34 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh11,477.09 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 00:00:28(UTC+0)
How to buy Akash Network
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Buy Akash Network (AKT)
Use a variety of payment options to buy Akash Network on Bitget. We'll show you how.
Buy AKT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of AKT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy AKT 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 AKT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of AKT to UGX. However, you can first exchange AKT 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 Akash Network to Ugandan Shilling?
Akash Network to Ugandan Shilling is falling this week.Akash Network's current market price is Sh 11,352.71 per AKT, with a total market cap of Sh 2,818,716,488,511.05 UGX based on a circulating supply of 248,285,800 AKT. The trading volume of Akash Network has changed by -54.47% (Sh -51,401,178,853.17 UGX) in the last 24 hours. Last trading day, AKT's trading volume was Sh 94,364,301,836.16.
Market cap
$771.49M
24h volume
$11.76M
Circulating supply
248.29M AKT
Conversion tables
The exchange rate of Akash Network is decreasing.1 AKT is currently valued at Sh 11,352.71 UGX , which means buying 5 AKT will cost Sh 56,763.55 UGX . Similarly, Sh1 UGX can be traded for 0.{4}8808 AKT, and Sh50 UGX can be converted to 0.004404 AKT, excluding any platform or gas fees.
The exchange rate of 1 AKT to Ugandan Shilling has changed by -16.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.21%, reaching a high of 12,615.16 UGX and a low of 11,178.9 UGX . One month ago, the value of 1 AKT was Sh 13,959.75 UGX , which represents a -18.67% change from its current value. Over the last year, Akash Network has changed by , resulting in a change of +27.13% in its value.
+Sh
2,422.84UGXAKT to UGX
Amount
07:01 am today
0.5 AKT
Sh5,676.35
1 AKT
Sh11,352.71
5 AKT
Sh56,763.55
10 AKT
Sh113,527.09
50 AKT
Sh567,635.46
100 AKT
Sh1,135,270.92
500 AKT
Sh5,676,354.6
1000 AKT
Sh11,352,709.2
UGX to AKT
Amount07:01 am today
0.5UGX0.{4}4404 AKT
1UGX0.{4}8808 AKT
5UGX0.0004404 AKT
10UGX0.0008808 AKT
50UGX0.004404 AKT
100UGX0.008808 AKT
500UGX0.04404 AKT
1000UGX0.08808 AKT
Today vs. 24 hours ago
| Amount | 07:01 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 AKT | $1.55 | $1.71 | -9.21% |
| 1 AKT | $3.11 | $3.42 | -9.21% |
| 5 AKT | $15.54 | $17.11 | -9.21% |
| 10 AKT | $31.07 | $34.22 | -9.21% |
| 50 AKT | $155.36 | $171.12 | -9.21% |
| 100 AKT | $310.73 | $342.25 | -9.21% |
| 500 AKT | $1,553.63 | $1,711.24 | -9.21% |
| 1000 AKT | $3,107.26 | $3,422.49 | -9.21% |
Today vs. 1 month ago
| Amount | 07:01 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 AKT | $1.55 | $1.91 | -18.67% |
| 1 AKT | $3.11 | $3.82 | -18.67% |
| 5 AKT | $15.54 | $19.1 | -18.67% |
| 10 AKT | $31.07 | $38.21 | -18.67% |
| 50 AKT | $155.36 | $191.04 | -18.67% |
| 100 AKT | $310.73 | $382.08 | -18.67% |
| 500 AKT | $1,553.63 | $1,910.4 | -18.67% |
| 1000 AKT | $3,107.26 | $3,820.81 | -18.67% |
Today vs. 1 year ago
| Amount | 07:01 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 AKT | $1.55 | $1.22 | +27.13% |
| 1 AKT | $3.11 | $2.44 | +27.13% |
| 5 AKT | $15.54 | $12.22 | +27.13% |
| 10 AKT | $31.07 | $24.44 | +27.13% |
| 50 AKT | $155.36 | $122.21 | +27.13% |
| 100 AKT | $310.73 | $244.41 | +27.13% |
| 500 AKT | $1,553.63 | $1,222.06 | +27.13% |
| 1000 AKT | $3,107.26 | $2,444.12 | +27.13% |
Akash Network price prediction
What will the price of AKT be in 2025?
Based on AKT's historical price performance prediction model, the price of AKT is projected to reach $3.53 in 2025.
What will the price of AKT be in 2030?
In 2030, the AKT price is expected to change by +9.00%. By the end of 2030, the AKT price is projected to reach $7.23, with a cumulative ROI of +129.97%.
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Popular Akash Network conversions
Check out these popular currency conversions of Akash Network to several fiat currencies.
Akash Network to USD
1 AKT to $ 3.11 USD
Akash Network to GBP
1 AKT to £ 2.47 GBP
Akash Network to EUR
1 AKT to € 2.98 EUR
Akash Network to KRW
1 AKT to ₩ 4,494.4 KRW
Akash Network to CAD
1 AKT to $ 4.47 CAD
Akash Network to AUD
1 AKT to $ 4.97 AUD
Akash Network to JPY
1 AKT to ¥ 486.11 JPY
Akash Network to BRL
1 AKT to R$ 18.91 BRL
Akash Network to CNY
1 AKT to ¥ 22.68 CNY
Akash Network to TWD
1 AKT to NT$ 101.39 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 Akash Network 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 Akash Network 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 Akash Network 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.
