ID
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 Everest(ID) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 ID at a value of 1 ID for 127.01 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 Everest currency pair is the ID to UGX, with for Everest's currency code being ID. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
ID to UGX conversion rate trend
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In the past 1D, Everest has changed -4.78% to UGX. Based on the trend and price charts, Everest(ID) has changed -4.78% to UGX while Ugandan Shilling(UGX) has changed % to ID in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh127.01 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:30:54(UTC+0)
How to buy Everest
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Everest (ID)
Use a variety of payment options to buy Everest on Bitget. We'll show you how.
Buy ID (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of ID with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy ID 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 ID (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of ID to UGX. However, you can first exchange ID 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 Everest to Ugandan Shilling?
Everest to Ugandan Shilling is falling this week.Everest's current market price is Sh 127.01 per ID, with a total market cap of Sh 14,821,912,738.64 UGX based on a circulating supply of 116,700,000 ID. The trading volume of Everest has changed by +35.81% (Sh 3,997,176.01 UGX) in the last 24 hours. Last trading day, ID's trading volume was Sh 11,161,461.3.
Market cap
$4.06M
24h volume
$4.15K
Circulating supply
116.70M ID
Conversion tables
The exchange rate of Everest is decreasing.1 ID is currently valued at Sh 127.01 UGX , which means buying 5 ID will cost Sh 635.04 UGX . Similarly, Sh1 UGX can be traded for 0.007873 ID, and Sh50 UGX can be converted to 0.3937 ID, excluding any platform or gas fees.
The exchange rate of 1 ID to Ugandan Shilling has changed by -12.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.78%, reaching a high of 133.39 UGX and a low of 126 UGX . One month ago, the value of 1 ID was Sh 151.4 UGX , which represents a -16.11% change from its current value. Over the last year, Everest has changed by , resulting in a change of -22.43% in its value.
-Sh
36.72UGXID to UGX
Amount
12:09 today
0.5 ID
Sh63.5
1 ID
Sh127.01
5 ID
Sh635.04
10 ID
Sh1,270.09
50 ID
Sh6,350.43
100 ID
Sh12,700.87
500 ID
Sh63,504.34
1000 ID
Sh127,008.68
UGX to ID
Amount12:09 today
0.5UGX0.003937 ID
1UGX0.007873 ID
5UGX0.03937 ID
10UGX0.07873 ID
50UGX0.3937 ID
100UGX0.7873 ID
500UGX3.94 ID
1000UGX7.87 ID
Today vs. 24 hours ago
| Amount | 12:09 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ID | $0.01738 | $0.01825 | -4.78% |
| 1 ID | $0.03476 | $0.03651 | -4.78% |
| 5 ID | $0.1738 | $0.1825 | -4.78% |
| 10 ID | $0.3476 | $0.3651 | -4.78% |
| 50 ID | $1.74 | $1.83 | -4.78% |
| 100 ID | $3.48 | $3.65 | -4.78% |
| 500 ID | $17.38 | $18.25 | -4.78% |
| 1000 ID | $34.76 | $36.51 | -4.78% |
Today vs. 1 month ago
| Amount | 12:09 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ID | $0.01738 | $0.02072 | -16.11% |
| 1 ID | $0.03476 | $0.04144 | -16.11% |
| 5 ID | $0.1738 | $0.2072 | -16.11% |
| 10 ID | $0.3476 | $0.4144 | -16.11% |
| 50 ID | $1.74 | $2.07 | -16.11% |
| 100 ID | $3.48 | $4.14 | -16.11% |
| 500 ID | $17.38 | $20.72 | -16.11% |
| 1000 ID | $34.76 | $41.44 | -16.11% |
Today vs. 1 year ago
| Amount | 12:09 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ID | $0.01738 | $0.02241 | -22.43% |
| 1 ID | $0.03476 | $0.04481 | -22.43% |
| 5 ID | $0.1738 | $0.2241 | -22.43% |
| 10 ID | $0.3476 | $0.4481 | -22.43% |
| 50 ID | $1.74 | $2.24 | -22.43% |
| 100 ID | $3.48 | $4.48 | -22.43% |
| 500 ID | $17.38 | $22.41 | -22.43% |
| 1000 ID | $34.76 | $44.81 | -22.43% |
Everest price prediction
What will the price of ID be in 2025?
Based on ID's historical price performance prediction model, the price of ID is projected to reach $0.05676 in 2025.
What will the price of ID be in 2030?
In 2030, the ID price is expected to change by -15.00%. By the end of 2030, the ID price is projected to reach $0.1002, with a cumulative ROI of +187.83%.
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Popular Everest conversions
Check out these popular currency conversions of Everest to several fiat currencies.
Everest to USD
1 ID to $ 0.03476 USD
Everest to GBP
1 ID to £ 0.02765 GBP
Everest to EUR
1 ID to € 0.03333 EUR
Everest to KRW
1 ID to ₩ 50.28 KRW
Everest to CAD
1 ID to $ 0.04991 CAD
Everest to AUD
1 ID to $ 0.05561 AUD
Everest to JPY
1 ID to ¥ 5.44 JPY
Everest to BRL
1 ID to R$ 0.2116 BRL
Everest to CNY
1 ID to ¥ 0.2537 CNY
Everest to TWD
1 ID to NT$ 1.13 TWD
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HEX (PulseChain) to UGX
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Hunt Town to UGX
1 HUNT to Sh 1,360.37 UGX
Livepeer to UGX
1 LPT to Sh 55,428.6 UGX
HEX to UGX
1 HEX to Sh 13.88 UGX
Chintai to UGX
1 CHEX to Sh 2,072.24 UGX
PulseX to UGX
1 PLSX to Sh 0.1254 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 Everest 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 Everest 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 Everest 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.
