TRADE
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 Polytrade(TRADE) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 TRADE at a value of 1 TRADE for 2,109.45 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 Polytrade currency pair is the TRADE to UGX, with for Polytrade's currency code being TRADE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
TRADE to UGX conversion rate trend
1D7D1M3M1YAll
In the past 1D, Polytrade has changed -5.06% to UGX. Based on the trend and price charts, Polytrade(TRADE) has changed -5.06% to UGX while Ugandan Shilling(UGX) has changed % to TRADE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh2,108.49 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh2,090.6 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh2,090.96 | 0.1000% / 0.1000% | Yes |
Bitfinex | Sh2,374.15 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/12 01:00:18(UTC+0)
How to buy Polytrade
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 Polytrade (TRADE)
Use a variety of payment options to buy Polytrade on Bitget. We'll show you how.
Buy TRADE (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of TRADE with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy TRADE with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell TRADE (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of TRADE to UGX. However, you can first exchange TRADE 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 |
|---|
No matching ads found.
What factors influence the conversion rate of Polytrade to Ugandan Shilling?
Polytrade to Ugandan Shilling is falling this week.Polytrade's current market price is Sh 2,109.45 per TRADE, with a total market cap of Sh 84,027,372,328.38 UGX based on a circulating supply of 39,833,696 TRADE. The trading volume of Polytrade has changed by -49.52% (Sh -978,010,960.00 UGX) in the last 24 hours. Last trading day, TRADE's trading volume was Sh 1,974,782,352.35.
Market cap
$23.00M
24h volume
$272.82K
Circulating supply
39.83M TRADE
Conversion tables
The exchange rate of Polytrade is increasing.1 TRADE is currently valued at Sh 2,109.45 UGX , which means buying 5 TRADE will cost Sh 10,547.27 UGX . Similarly, Sh1 UGX can be traded for 0.0004741 TRADE, and Sh50 UGX can be converted to 0.02370 TRADE, excluding any platform or gas fees.
The exchange rate of 1 TRADE to Ugandan Shilling has changed by -12.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.06%, reaching a high of 2,225.22 UGX and a low of 2,030.75 UGX . One month ago, the value of 1 TRADE was Sh 1,539.97 UGX , which represents a +36.99% change from its current value. Over the last year, Polytrade has changed by , resulting in a change of -19.16% in its value.
-Sh
499.95UGXTRADE to UGX
Amount
10:50 am today
0.5 TRADE
Sh1,054.73
1 TRADE
Sh2,109.45
5 TRADE
Sh10,547.27
10 TRADE
Sh21,094.55
50 TRADE
Sh105,472.73
100 TRADE
Sh210,945.46
500 TRADE
Sh1,054,727.32
1000 TRADE
Sh2,109,454.64
UGX to TRADE
Amount10:50 am today
0.5UGX0.0002370 TRADE
1UGX0.0004741 TRADE
5UGX0.002370 TRADE
10UGX0.004741 TRADE
50UGX0.02370 TRADE
100UGX0.04741 TRADE
500UGX0.2370 TRADE
1000UGX0.4741 TRADE
Today vs. 24 hours ago
| Amount | 10:50 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 TRADE | $0.2887 | $0.3041 | -5.06% |
| 1 TRADE | $0.5774 | $0.6081 | -5.06% |
| 5 TRADE | $2.89 | $3.04 | -5.06% |
| 10 TRADE | $5.77 | $6.08 | -5.06% |
| 50 TRADE | $28.87 | $30.41 | -5.06% |
| 100 TRADE | $57.74 | $60.81 | -5.06% |
| 500 TRADE | $288.68 | $304.07 | -5.06% |
| 1000 TRADE | $577.36 | $608.14 | -5.06% |
Today vs. 1 month ago
| Amount | 10:50 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 TRADE | $0.2887 | $0.2107 | +36.99% |
| 1 TRADE | $0.5774 | $0.4215 | +36.99% |
| 5 TRADE | $2.89 | $2.11 | +36.99% |
| 10 TRADE | $5.77 | $4.21 | +36.99% |
| 50 TRADE | $28.87 | $21.07 | +36.99% |
| 100 TRADE | $57.74 | $42.15 | +36.99% |
| 500 TRADE | $288.68 | $210.75 | +36.99% |
| 1000 TRADE | $577.36 | $421.49 | +36.99% |
Today vs. 1 year ago
| Amount | 10:50 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 TRADE | $0.2887 | $0.3571 | -19.16% |
| 1 TRADE | $0.5774 | $0.7142 | -19.16% |
| 5 TRADE | $2.89 | $3.57 | -19.16% |
| 10 TRADE | $5.77 | $7.14 | -19.16% |
| 50 TRADE | $28.87 | $35.71 | -19.16% |
| 100 TRADE | $57.74 | $71.42 | -19.16% |
| 500 TRADE | $288.68 | $357.1 | -19.16% |
| 1000 TRADE | $577.36 | $714.2 | -19.16% |
Polytrade price prediction
What will the price of TRADE be in 2025?
Based on TRADE's historical price performance prediction model, the price of TRADE is projected to reach $0.8128 in 2025.
What will the price of TRADE be in 2030?
In 2030, the TRADE price is expected to change by +6.00%. By the end of 2030, the TRADE price is projected to reach $1.41, with a cumulative ROI of +143.71%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Polytrade conversions
Check out these popular currency conversions of Polytrade to several fiat currencies.
Polytrade to USD
1 TRADE to $ 0.5774 USD
Polytrade to GBP
1 TRADE to £ 0.4592 GBP
Polytrade to EUR
1 TRADE to € 0.5535 EUR
Polytrade to KRW
1 TRADE to ₩ 835.11 KRW
Polytrade to CAD
1 TRADE to $ 0.8290 CAD
Polytrade to AUD
1 TRADE to $ 0.9236 AUD
Polytrade to JPY
1 TRADE to ¥ 90.33 JPY
Polytrade to BRL
1 TRADE to R$ 3.51 BRL
Polytrade to CNY
1 TRADE to ¥ 4.21 CNY
Polytrade to TWD
1 TRADE to NT$ 18.84 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Polytrade.
Adventure Gold to UGX
1 AGLD to Sh 6,763.1 UGX
Hive to UGX
1 HIVE to Sh 1,344.22 UGX
IDEX to UGX
1 IDEX to Sh 227.58 UGX
HEX (PulseChain) to UGX
1 HEX to Sh 66.77 UGX
HEX to UGX
1 HEX to Sh 14.74 UGX
Pulsechain to UGX
1 PLS to Sh 0.2202 UGX
PulseX to UGX
1 PLSX to Sh 0.1359 UGX
Shoggoth (shoggoth.monster) to UGX
1 SHOGGOTH to Sh 181.24 UGX
.png)
JUNO to UGX
1 JUNO to Sh 1,076.31 UGX
Hunt Town to UGX
1 HUNT to Sh 1,340.17 UGX
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 Polytrade 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 Polytrade 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 Polytrade 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.
