LBL
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 LABEL AI(LBL) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 LBL at a value of 1 LBL for 8.90 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 LABEL AI currency pair is the LBL to UGX, with for LABEL AI's currency code being LBL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
LBL to UGX conversion rate trend
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In the past 1D, LABEL AI has changed +3.14% to UGX. Based on the trend and price charts, LABEL AI(LBL) has changed +3.14% to UGX while Ugandan Shilling(UGX) has changed % to LBL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh8.78 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | Sh11.62 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh8.2 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:17(UTC+0)
How to buy LABEL AI
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 LABEL AI (LBL)
Use a variety of payment options to buy LABEL AI on Bitget. We'll show you how.
Buy LBL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of LBL with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy LBL 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 LBL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of LBL to UGX. However, you can first exchange LBL 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 LABEL AI to Ugandan Shilling?
LABEL AI to Ugandan Shilling is falling this week.LABEL AI's current market price is Sh 8.9 per LBL, with a total market cap of Sh 19,864,331,375.89 UGX based on a circulating supply of 2,231,382,500 LBL. The trading volume of LABEL AI has changed by -22.33% (Sh -820,410,190.95 UGX) in the last 24 hours. Last trading day, LBL's trading volume was Sh 3,674,487,579.94.
Market cap
$5.44M
24h volume
$781.17K
Circulating supply
2.23B LBL
Conversion tables
The exchange rate of LABEL AI is increasing.1 LBL is currently valued at Sh 8.9 UGX , which means buying 5 LBL will cost Sh 44.51 UGX . Similarly, Sh1 UGX can be traded for 0.1123 LBL, and Sh50 UGX can be converted to 5.62 LBL, excluding any platform or gas fees.
The exchange rate of 1 LBL to Ugandan Shilling has changed by -16.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.14%, reaching a high of 9.14 UGX and a low of 8.23 UGX . One month ago, the value of 1 LBL was Sh 8.83 UGX , which represents a +0.81% change from its current value. Over the last year, LABEL AI has changed by , resulting in a change of -26.41% in its value.
-Sh
3.19UGXLBL to UGX
Amount
12:27 today
0.5 LBL
Sh4.45
1 LBL
Sh8.9
5 LBL
Sh44.51
10 LBL
Sh89.02
50 LBL
Sh445.11
100 LBL
Sh890.23
500 LBL
Sh4,451.13
1000 LBL
Sh8,902.25
UGX to LBL
Amount12:27 today
0.5UGX0.05617 LBL
1UGX0.1123 LBL
5UGX0.5617 LBL
10UGX1.12 LBL
50UGX5.62 LBL
100UGX11.23 LBL
500UGX56.17 LBL
1000UGX112.33 LBL
Today vs. 24 hours ago
| Amount | 12:27 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LBL | $0.001218 | $0.001181 | +3.14% |
| 1 LBL | $0.002437 | $0.002362 | +3.14% |
| 5 LBL | $0.01218 | $0.01181 | +3.14% |
| 10 LBL | $0.02437 | $0.02362 | +3.14% |
| 50 LBL | $0.1218 | $0.1181 | +3.14% |
| 100 LBL | $0.2437 | $0.2362 | +3.14% |
| 500 LBL | $1.22 | $1.18 | +3.14% |
| 1000 LBL | $2.44 | $2.36 | +3.14% |
Today vs. 1 month ago
| Amount | 12:27 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LBL | $0.001218 | $0.001208 | +0.81% |
| 1 LBL | $0.002437 | $0.002417 | +0.81% |
| 5 LBL | $0.01218 | $0.01208 | +0.81% |
| 10 LBL | $0.02437 | $0.02417 | +0.81% |
| 50 LBL | $0.1218 | $0.1208 | +0.81% |
| 100 LBL | $0.2437 | $0.2417 | +0.81% |
| 500 LBL | $1.22 | $1.21 | +0.81% |
| 1000 LBL | $2.44 | $2.42 | +0.81% |
Today vs. 1 year ago
| Amount | 12:27 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LBL | $0.001218 | $0.001655 | -26.41% |
| 1 LBL | $0.002437 | $0.003311 | -26.41% |
| 5 LBL | $0.01218 | $0.01655 | -26.41% |
| 10 LBL | $0.02437 | $0.03311 | -26.41% |
| 50 LBL | $0.1218 | $0.1655 | -26.41% |
| 100 LBL | $0.2437 | $0.3311 | -26.41% |
| 500 LBL | $1.22 | $1.66 | -26.41% |
| 1000 LBL | $2.44 | $3.31 | -26.41% |
LABEL AI price prediction
What will the price of LBL be in 2025?
Based on LBL's historical price performance prediction model, the price of LBL is projected to reach $0.003716 in 2025.
What will the price of LBL be in 2030?
In 2030, the LBL price is expected to change by -11.00%. By the end of 2030, the LBL price is projected to reach $0.006885, with a cumulative ROI of +182.67%.
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Popular LABEL AI conversions
Check out these popular currency conversions of LABEL AI to several fiat currencies.
LABEL AI to USD
1 LBL to $ 0.002437 USD
LABEL AI to GBP
1 LBL to £ 0.001938 GBP
LABEL AI to EUR
1 LBL to € 0.002336 EUR
LABEL AI to KRW
1 LBL to ₩ 3.52 KRW
LABEL AI to CAD
1 LBL to $ 0.003498 CAD
LABEL AI to AUD
1 LBL to $ 0.003898 AUD
LABEL AI to JPY
1 LBL to ¥ 0.3812 JPY
LABEL AI to BRL
1 LBL to R$ 0.01483 BRL
LABEL AI to CNY
1 LBL to ¥ 0.01778 CNY
LABEL AI to TWD
1 LBL to NT$ 0.07951 TWD
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1 IDEX to Sh 225.02 UGX
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1 AGLD to Sh 6,648.05 UGX
Shoggoth (shoggoth.monster) to UGX
1 SHOGGOTH to Sh 190.23 UGX
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1 HEX to Sh 56.78 UGX
Hunt Town to UGX
1 HUNT to Sh 1,373.79 UGX
Livepeer to UGX
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HEX to UGX
1 HEX to Sh 13.37 UGX
Chintai to UGX
1 CHEX to Sh 1,933.32 UGX
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1 PLSX to Sh 0.1231 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 LABEL AI 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 LABEL AI 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 LABEL AI 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.
