BGL
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 Bitgesell(BGL) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 BGL at a value of 1 BGL for 178.93 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 Bitgesell currency pair is the BGL to UGX, with for Bitgesell's currency code being BGL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
BGL to UGX conversion rate trend
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In the past 1D, Bitgesell has changed -1.94% to UGX. Based on the trend and price charts, Bitgesell(BGL) has changed -1.94% to UGX while Ugandan Shilling(UGX) has changed % to BGL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh178.01 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:31:16(UTC+0)
How to buy Bitgesell
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Bitgesell (BGL)
Use a variety of payment options to buy Bitgesell on Bitget. We'll show you how.
Buy BGL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of BGL with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy BGL with USDT via Bitget spot market.
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Sell BGL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of BGL to UGX. However, you can first exchange BGL 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 Bitgesell to Ugandan Shilling?
Bitgesell to Ugandan Shilling is falling this week.Bitgesell's current market price is Sh 178.93 per BGL, with a total market cap of Sh 2,891,131,107.35 UGX based on a circulating supply of 16,157,930 BGL. The trading volume of Bitgesell has changed by -79.33% (Sh -6,139,066.08 UGX) in the last 24 hours. Last trading day, BGL's trading volume was Sh 7,739,043.71.
Market cap
$791.31K
24h volume
$437.91658395
Circulating supply
16.16M BGL
Conversion tables
The exchange rate of Bitgesell is decreasing.1 BGL is currently valued at Sh 178.93 UGX , which means buying 5 BGL will cost Sh 894.65 UGX . Similarly, Sh1 UGX can be traded for 0.005589 BGL, and Sh50 UGX can be converted to 0.2794 BGL, excluding any platform or gas fees.
The exchange rate of 1 BGL to Ugandan Shilling has changed by -15.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.94%, reaching a high of 181.34 UGX and a low of 176.67 UGX . One month ago, the value of 1 BGL was Sh 337 UGX , which represents a -46.92% change from its current value. Over the last year, Bitgesell has changed by , resulting in a change of -45.27% in its value.
-Sh
147.93UGXBGL to UGX
Amount
12:54 today
0.5 BGL
Sh89.46
1 BGL
Sh178.93
5 BGL
Sh894.65
10 BGL
Sh1,789.3
50 BGL
Sh8,946.48
100 BGL
Sh17,892.95
500 BGL
Sh89,464.77
1000 BGL
Sh178,929.55
UGX to BGL
Amount12:54 today
0.5UGX0.002794 BGL
1UGX0.005589 BGL
5UGX0.02794 BGL
10UGX0.05589 BGL
50UGX0.2794 BGL
100UGX0.5589 BGL
500UGX2.79 BGL
1000UGX5.59 BGL
Today vs. 24 hours ago
| Amount | 12:54 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BGL | $0.02449 | $0.02497 | -1.94% |
| 1 BGL | $0.04897 | $0.04994 | -1.94% |
| 5 BGL | $0.2449 | $0.2497 | -1.94% |
| 10 BGL | $0.4897 | $0.4994 | -1.94% |
| 50 BGL | $2.45 | $2.5 | -1.94% |
| 100 BGL | $4.9 | $4.99 | -1.94% |
| 500 BGL | $24.49 | $24.97 | -1.94% |
| 1000 BGL | $48.97 | $49.94 | -1.94% |
Today vs. 1 month ago
| Amount | 12:54 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BGL | $0.02449 | $0.04612 | -46.92% |
| 1 BGL | $0.04897 | $0.09224 | -46.92% |
| 5 BGL | $0.2449 | $0.4612 | -46.92% |
| 10 BGL | $0.4897 | $0.9224 | -46.92% |
| 50 BGL | $2.45 | $4.61 | -46.92% |
| 100 BGL | $4.9 | $9.22 | -46.92% |
| 500 BGL | $24.49 | $46.12 | -46.92% |
| 1000 BGL | $48.97 | $92.24 | -46.92% |
Today vs. 1 year ago
| Amount | 12:54 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BGL | $0.02449 | $0.04473 | -45.27% |
| 1 BGL | $0.04897 | $0.08946 | -45.27% |
| 5 BGL | $0.2449 | $0.4473 | -45.27% |
| 10 BGL | $0.4897 | $0.8946 | -45.27% |
| 50 BGL | $2.45 | $4.47 | -45.27% |
| 100 BGL | $4.9 | $8.95 | -45.27% |
| 500 BGL | $24.49 | $44.73 | -45.27% |
| 1000 BGL | $48.97 | $89.46 | -45.27% |
Bitgesell price prediction
What will the price of BGL be in 2025?
Based on BGL's historical price performance prediction model, the price of BGL is projected to reach $0.06371 in 2025.
What will the price of BGL be in 2030?
In 2030, the BGL price is expected to change by +6.00%. By the end of 2030, the BGL price is projected to reach $0.1656, with a cumulative ROI of +236.18%.
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Popular Bitgesell conversions
Check out these popular currency conversions of Bitgesell to several fiat currencies.
Bitgesell to USD
1 BGL to $ 0.04897 USD
Bitgesell to GBP
1 BGL to £ 0.03895 GBP
Bitgesell to EUR
1 BGL to € 0.04695 EUR
Bitgesell to KRW
1 BGL to ₩ 70.84 KRW
Bitgesell to CAD
1 BGL to $ 0.07032 CAD
Bitgesell to AUD
1 BGL to $ 0.07834 AUD
Bitgesell to JPY
1 BGL to ¥ 7.66 JPY
Bitgesell to BRL
1 BGL to R$ 0.2981 BRL
Bitgesell to CNY
1 BGL to ¥ 0.3574 CNY
Bitgesell to TWD
1 BGL to NT$ 1.6 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Bitgesell.
Hive to UGX
1 HIVE to Sh 1,449.14 UGX
IDEX to UGX
1 IDEX to Sh 223.59 UGX
Adventure Gold to UGX
1 AGLD to Sh 6,564.58 UGX
Shoggoth (shoggoth.monster) to UGX
1 SHOGGOTH to Sh 188.46 UGX
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HEX (PulseChain) to UGX
1 HEX to Sh 58.82 UGX
Hunt Town to UGX
1 HUNT to Sh 1,428.84 UGX
Livepeer to UGX
1 LPT to Sh 55,374.13 UGX
HEX to UGX
1 HEX to Sh 13.25 UGX
Chintai to UGX
1 CHEX to Sh 1,959.35 UGX
PulseX to UGX
1 PLSX to Sh 0.1237 UGX
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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 Bitgesell 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 Bitgesell 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 Bitgesell 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.
