PHR
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 Phore(PHR) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 PHR at a value of 1 PHR for 7.48 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 Phore currency pair is the PHR to UGX, with for Phore's currency code being PHR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
PHR to UGX conversion rate trend
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In the past 1D, Phore has changed +43.58% to UGX. Based on the trend and price charts, Phore(PHR) has changed +43.58% to UGX while Ugandan Shilling(UGX) has changed % to PHR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh8.46 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:31:40(UTC+0)
How to buy Phore
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 Phore (PHR)
Use a variety of payment options to buy Phore on Bitget. We'll show you how.
Buy PHR (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of PHR with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy PHR 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 PHR (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of PHR to UGX. However, you can first exchange PHR 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 Phore to Ugandan Shilling?
Phore to Ugandan Shilling is rising this week.Phore's current market price is Sh 7.48 per PHR, with a total market cap of Sh 228,412,544 UGX based on a circulating supply of 30,535,914 PHR. The trading volume of Phore has changed by 0.00% (Sh 0 UGX) in the last 24 hours. Last trading day, PHR's trading volume was Sh 0.
Market cap
$62.52K
24h volume
$0
Circulating supply
30.54M PHR
Conversion tables
The exchange rate of Phore is increasing.1 PHR is currently valued at Sh 7.48 UGX , which means buying 5 PHR will cost Sh 37.4 UGX . Similarly, Sh1 UGX can be traded for 0.1337 PHR, and Sh50 UGX can be converted to 6.68 PHR, excluding any platform or gas fees.
The exchange rate of 1 PHR to Ugandan Shilling has changed by +99.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by +43.58%, reaching a high of 8.61 UGX and a low of 5.18 UGX . One month ago, the value of 1 PHR was Sh 3.16 UGX , which represents a +135.92% change from its current value. Over the last year, Phore has changed by , resulting in a change of -21.72% in its value.
-Sh
2.08UGXPHR to UGX
Amount
12:31 today
0.5 PHR
Sh3.74
1 PHR
Sh7.48
5 PHR
Sh37.4
10 PHR
Sh74.8
50 PHR
Sh374.01
100 PHR
Sh748.01
500 PHR
Sh3,740.06
1000 PHR
Sh7,480.13
UGX to PHR
Amount12:31 today
0.5UGX0.06684 PHR
1UGX0.1337 PHR
5UGX0.6684 PHR
10UGX1.34 PHR
50UGX6.68 PHR
100UGX13.37 PHR
500UGX66.84 PHR
1000UGX133.69 PHR
Today vs. 24 hours ago
| Amount | 12:31 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PHR | $0.001024 | $0.0007123 | +43.58% |
| 1 PHR | $0.002047 | $0.001425 | +43.58% |
| 5 PHR | $0.01024 | $0.007123 | +43.58% |
| 10 PHR | $0.02047 | $0.01425 | +43.58% |
| 50 PHR | $0.1024 | $0.07123 | +43.58% |
| 100 PHR | $0.2047 | $0.1425 | +43.58% |
| 500 PHR | $1.02 | $0.7123 | +43.58% |
| 1000 PHR | $2.05 | $1.42 | +43.58% |
Today vs. 1 month ago
| Amount | 12:31 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PHR | $0.001024 | $0.0004327 | +135.92% |
| 1 PHR | $0.002047 | $0.0008654 | +135.92% |
| 5 PHR | $0.01024 | $0.004327 | +135.92% |
| 10 PHR | $0.02047 | $0.008654 | +135.92% |
| 50 PHR | $0.1024 | $0.04327 | +135.92% |
| 100 PHR | $0.2047 | $0.08654 | +135.92% |
| 500 PHR | $1.02 | $0.4327 | +135.92% |
| 1000 PHR | $2.05 | $0.8654 | +135.92% |
Today vs. 1 year ago
| Amount | 12:31 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PHR | $0.001024 | $0.001308 | -21.72% |
| 1 PHR | $0.002047 | $0.002616 | -21.72% |
| 5 PHR | $0.01024 | $0.01308 | -21.72% |
| 10 PHR | $0.02047 | $0.02616 | -21.72% |
| 50 PHR | $0.1024 | $0.1308 | -21.72% |
| 100 PHR | $0.2047 | $0.2616 | -21.72% |
| 500 PHR | $1.02 | $1.31 | -21.72% |
| 1000 PHR | $2.05 | $2.62 | -21.72% |
Phore price prediction
What will the price of PHR be in 2025?
Based on PHR's historical price performance prediction model, the price of PHR is projected to reach $0.002440 in 2025.
What will the price of PHR be in 2030?
In 2030, the PHR price is expected to change by -4.00%. By the end of 2030, the PHR price is projected to reach $0.003159, with a cumulative ROI of +120.37%.
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Popular Phore conversions
Check out these popular currency conversions of Phore to several fiat currencies.
Phore to USD
1 PHR to $ 0.002047 USD
Phore to GBP
1 PHR to £ 0.001628 GBP
Phore to EUR
1 PHR to € 0.001963 EUR
Phore to KRW
1 PHR to ₩ 2.96 KRW
Phore to CAD
1 PHR to $ 0.002940 CAD
Phore to AUD
1 PHR to $ 0.003275 AUD
Phore to JPY
1 PHR to ¥ 0.3203 JPY
Phore to BRL
1 PHR to R$ 0.01246 BRL
Phore to CNY
1 PHR to ¥ 0.01494 CNY
Phore to TWD
1 PHR to NT$ 0.06681 TWD
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Explore other cryptocurrencies based on your interest in Phore.
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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 184.39 UGX
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HEX (PulseChain) to UGX
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 13.22 UGX
Chintai to UGX
1 CHEX to Sh 1,933.32 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 Phore 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 Phore 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 Phore 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.
