NAFT
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 Nafter(NAFT) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 NAFT at a value of 1 NAFT for 1.66 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 Nafter currency pair is the NAFT to UGX, with for Nafter's currency code being NAFT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
NAFT to UGX conversion rate trend
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In the past 1D, Nafter has changed +1.52% to UGX. Based on the trend and price charts, Nafter(NAFT) has changed +1.52% to UGX while Ugandan Shilling(UGX) has changed % to NAFT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1.65 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh1.65 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/16 08:00:17(UTC+0)
How to buy Nafter
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Buy Nafter (NAFT)
Use a variety of payment options to buy Nafter on Bitget. We'll show you how.
Buy NAFT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of NAFT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy NAFT 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 NAFT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of NAFT to UGX. However, you can first exchange NAFT 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 Nafter to Ugandan Shilling?
Nafter to Ugandan Shilling is falling this week.Nafter's current market price is Sh 1.66 per NAFT, with a total market cap of Sh 1,654,787,747.02 UGX based on a circulating supply of 997,657,800 NAFT. The trading volume of Nafter has changed by -52.38% (Sh -233,931.64 UGX) in the last 24 hours. Last trading day, NAFT's trading volume was Sh 446,615.97.
Market cap
$449.53K
24h volume
$57.77620007
Circulating supply
997.66M NAFT
Conversion tables
The exchange rate of Nafter is decreasing.1 NAFT is currently valued at Sh 1.66 UGX , which means buying 5 NAFT will cost Sh 8.29 UGX . Similarly, Sh1 UGX can be traded for 0.6029 NAFT, and Sh50 UGX can be converted to 30.14 NAFT, excluding any platform or gas fees.
The exchange rate of 1 NAFT to Ugandan Shilling has changed by -3.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.52%, reaching a high of 1.67 UGX and a low of 1.6 UGX . One month ago, the value of 1 NAFT was Sh 1.7 UGX , which represents a -2.51% change from its current value. Over the last year, Nafter has changed by , resulting in a change of -1.71% in its value.
-Sh
0.02881UGXNAFT to UGX
Amount
16:22 today
0.5 NAFT
Sh0.8293
1 NAFT
Sh1.66
5 NAFT
Sh8.29
10 NAFT
Sh16.59
50 NAFT
Sh82.93
100 NAFT
Sh165.87
500 NAFT
Sh829.34
1000 NAFT
Sh1,658.67
UGX to NAFT
Amount16:22 today
0.5UGX0.3014 NAFT
1UGX0.6029 NAFT
5UGX3.01 NAFT
10UGX6.03 NAFT
50UGX30.14 NAFT
100UGX60.29 NAFT
500UGX301.45 NAFT
1000UGX602.89 NAFT
Today vs. 24 hours ago
| Amount | 16:22 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NAFT | $0.0002253 | $0.0002219 | +1.52% |
| 1 NAFT | $0.0004506 | $0.0004438 | +1.52% |
| 5 NAFT | $0.002253 | $0.002219 | +1.52% |
| 10 NAFT | $0.004506 | $0.004438 | +1.52% |
| 50 NAFT | $0.02253 | $0.02219 | +1.52% |
| 100 NAFT | $0.04506 | $0.04438 | +1.52% |
| 500 NAFT | $0.2253 | $0.2219 | +1.52% |
| 1000 NAFT | $0.4506 | $0.4438 | +1.52% |
Today vs. 1 month ago
| Amount | 16:22 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NAFT | $0.0002253 | $0.0002311 | -2.51% |
| 1 NAFT | $0.0004506 | $0.0004622 | -2.51% |
| 5 NAFT | $0.002253 | $0.002311 | -2.51% |
| 10 NAFT | $0.004506 | $0.004622 | -2.51% |
| 50 NAFT | $0.02253 | $0.02311 | -2.51% |
| 100 NAFT | $0.04506 | $0.04622 | -2.51% |
| 500 NAFT | $0.2253 | $0.2311 | -2.51% |
| 1000 NAFT | $0.4506 | $0.4622 | -2.51% |
Today vs. 1 year ago
| Amount | 16:22 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NAFT | $0.0002253 | $0.0002292 | -1.71% |
| 1 NAFT | $0.0004506 | $0.0004584 | -1.71% |
| 5 NAFT | $0.002253 | $0.002292 | -1.71% |
| 10 NAFT | $0.004506 | $0.004584 | -1.71% |
| 50 NAFT | $0.02253 | $0.02292 | -1.71% |
| 100 NAFT | $0.04506 | $0.04584 | -1.71% |
| 500 NAFT | $0.2253 | $0.2292 | -1.71% |
| 1000 NAFT | $0.4506 | $0.4584 | -1.71% |
Nafter price prediction
What will the price of NAFT be in 2025?
Based on NAFT's historical price performance prediction model, the price of NAFT is projected to reach $0.0007057 in 2025.
What will the price of NAFT be in 2030?
In 2030, the NAFT price is expected to change by +5.00%. By the end of 2030, the NAFT price is projected to reach $0.001570, with a cumulative ROI of +253.96%.
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Popular Nafter conversions
Check out these popular currency conversions of Nafter to several fiat currencies.
Nafter to USD
1 NAFT to $ 0.0004506 USD
Nafter to GBP
1 NAFT to £ 0.0003571 GBP
Nafter to EUR
1 NAFT to € 0.0004273 EUR
Nafter to KRW
1 NAFT to ₩ 0.6290 KRW
Nafter to CAD
1 NAFT to $ 0.0006354 CAD
Nafter to AUD
1 NAFT to $ 0.0006974 AUD
Nafter to JPY
1 NAFT to ¥ 0.06954 JPY
Nafter to BRL
1 NAFT to R$ 0.002612 BRL
Nafter to CNY
1 NAFT to ¥ 0.003261 CNY
Nafter to TWD
1 NAFT to NT$ 0.01463 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Nafter.
FLOKI to UGX
1 FLOKI to Sh 0.8646 UGX
BOOK OF MEME to UGX
1 BOME to Sh 36.5 UGX
Neiro (First Neiro On Ethereum) to UGX
1 NEIRO to Sh -- UGX
ConstitutionDAO to UGX
1 PEOPLE to Sh 231.81 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 6,298.46 UGX
Turbo to UGX
1 TURBO to Sh 32.19 UGX
Cardano to UGX
1 ADA to Sh 2,762.38 UGX
Hooked Protocol to UGX
1 HOOK to Sh 1,461.69 UGX
Dogecoin to UGX
1 DOGE to Sh 1,349.25 UGX
Aevo to UGX
1 AEVO to Sh 1,316.02 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 Nafter 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 Nafter 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 Nafter 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.
