SDR
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 SedraCoin(SDR) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 SDR at a value of 1 SDR for 0.51 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 SedraCoin currency pair is the SDR to UGX, with for SedraCoin's currency code being SDR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
SDR to UGX conversion rate trend
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In the past 1D, SedraCoin has changed +0.34% to UGX. Based on the trend and price charts, SedraCoin(SDR) has changed +0.34% to UGX while Ugandan Shilling(UGX) has changed % to SDR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.5144 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/19 00:32:09(UTC+0)
How to buy SedraCoin
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Buy SedraCoin (SDR)
Use a variety of payment options to buy SedraCoin on Bitget. We'll show you how.
Buy SDR (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of SDR with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy SDR 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 SDR (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of SDR to UGX. However, you can first exchange SDR 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 SedraCoin to Ugandan Shilling?
SedraCoin to Ugandan Shilling is falling this week.SedraCoin's current market price is Sh 0.5136 per SDR, with a total market cap of Sh 0 UGX based on a circulating supply of -- SDR. The trading volume of SedraCoin has changed by +29.02% (Sh 276,566,704.33 UGX) in the last 24 hours. Last trading day, SDR's trading volume was Sh 953,119,565.55.
Market cap
$0
24h volume
$336.42K
Circulating supply
0 SDR
Conversion tables
The exchange rate of SedraCoin is decreasing.1 SDR is currently valued at Sh 0.5136 UGX , which means buying 5 SDR will cost Sh 2.57 UGX . Similarly, Sh1 UGX can be traded for 1.95 SDR, and Sh50 UGX can be converted to 97.35 SDR, excluding any platform or gas fees.
The exchange rate of 1 SDR to Ugandan Shilling has changed by -7.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.34%, reaching a high of 0.5264 UGX and a low of 0.4794 UGX . One month ago, the value of 1 SDR was Sh 0.6532 UGX , which represents a -21.38% change from its current value. Over the last year, SedraCoin has changed by , resulting in a change of -87.17% in its value.
+Sh
0.5135UGXSDR to UGX
Amount
00:34 am today
0.5 SDR
Sh0.2568
1 SDR
Sh0.5136
5 SDR
Sh2.57
10 SDR
Sh5.14
50 SDR
Sh25.68
100 SDR
Sh51.36
500 SDR
Sh256.81
1000 SDR
Sh513.63
UGX to SDR
Amount00:34 am today
0.5UGX0.9735 SDR
1UGX1.95 SDR
5UGX9.73 SDR
10UGX19.47 SDR
50UGX97.35 SDR
100UGX194.69 SDR
500UGX973.47 SDR
1000UGX1,946.93 SDR
Today vs. 24 hours ago
| Amount | 00:34 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SDR | $0.{4}7026 | $0.{4}7002 | +0.34% |
| 1 SDR | $0.0001405 | $0.0001400 | +0.34% |
| 5 SDR | $0.0007026 | $0.0007002 | +0.34% |
| 10 SDR | $0.001405 | $0.001400 | +0.34% |
| 50 SDR | $0.007026 | $0.007002 | +0.34% |
| 100 SDR | $0.01405 | $0.01400 | +0.34% |
| 500 SDR | $0.07026 | $0.07002 | +0.34% |
| 1000 SDR | $0.1405 | $0.1400 | +0.34% |
Today vs. 1 month ago
| Amount | 00:34 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SDR | $0.{4}7026 | $0.{4}8936 | -21.38% |
| 1 SDR | $0.0001405 | $0.0001787 | -21.38% |
| 5 SDR | $0.0007026 | $0.0008936 | -21.38% |
| 10 SDR | $0.001405 | $0.001787 | -21.38% |
| 50 SDR | $0.007026 | $0.008936 | -21.38% |
| 100 SDR | $0.01405 | $0.01787 | -21.38% |
| 500 SDR | $0.07026 | $0.08936 | -21.38% |
| 1000 SDR | $0.1405 | $0.1787 | -21.38% |
Today vs. 1 year ago
| Amount | 00:34 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SDR | $0.{4}7026 | $0.{7}1270 | -87.17% |
| 1 SDR | $0.0001405 | $0.{7}2541 | -87.17% |
| 5 SDR | $0.0007026 | $0.{6}1270 | -87.17% |
| 10 SDR | $0.001405 | $0.{6}2541 | -87.17% |
| 50 SDR | $0.007026 | $0.{5}1270 | -87.17% |
| 100 SDR | $0.01405 | $0.{5}2541 | -87.17% |
| 500 SDR | $0.07026 | $0.{4}1270 | -87.17% |
| 1000 SDR | $0.1405 | $0.{4}2541 | -87.17% |
SedraCoin price prediction
What will the price of SDR be in 2025?
Based on SDR's historical price performance prediction model, the price of SDR is projected to reach $0.0003347 in 2025.
What will the price of SDR be in 2030?
In 2030, the SDR price is expected to change by -19.00%. By the end of 2030, the SDR price is projected to reach $0.0007782, with a cumulative ROI of +456.34%.
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Popular SedraCoin conversions
Check out these popular currency conversions of SedraCoin to several fiat currencies.
SedraCoin to USD
1 SDR to $ 0.0001405 USD
SedraCoin to GBP
1 SDR to £ 0.0001108 GBP
SedraCoin to EUR
1 SDR to € 0.0001326 EUR
SedraCoin to KRW
1 SDR to ₩ 0.1956 KRW
SedraCoin to CAD
1 SDR to $ 0.0001970 CAD
SedraCoin to AUD
1 SDR to $ 0.0002159 AUD
SedraCoin to JPY
1 SDR to ¥ 0.02173 JPY
SedraCoin to BRL
1 SDR to R$ 0.0008076 BRL
SedraCoin to CNY
1 SDR to ¥ 0.001017 CNY
SedraCoin to TWD
1 SDR to NT$ 0.004564 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in SedraCoin.
XRP to UGX
1 XRP to Sh 4,108.4 UGX
Cardano to UGX
1 ADA to Sh 2,679.27 UGX
Hooked Protocol to UGX
1 HOOK to Sh 1,595.61 UGX
Solana to UGX
1 SOL to Sh 873,980.29 UGX
Dogecoin to UGX
1 DOGE to Sh 1,347.38 UGX
Aevo to UGX
1 AEVO to Sh 1,416.02 UGX
Pepe to UGX
1 PEPE to Sh 0.07438 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 5,767.95 UGX
Bonk to UGX
1 BONK to Sh 0.1779 UGX
Hedera to UGX
1 HBAR to Sh 519.32 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 SedraCoin 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 SedraCoin 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 SedraCoin 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.
