SKEY
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 Skey Network(SKEY) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 SKEY at a value of 1 SKEY for 309.63 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 Skey Network currency pair is the SKEY to UGX, with for Skey Network's currency code being SKEY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
SKEY to UGX conversion rate trend
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In the past 1D, Skey Network has changed -6.21% to UGX. Based on the trend and price charts, Skey Network(SKEY) has changed -6.21% to UGX while Ugandan Shilling(UGX) has changed % to SKEY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh309.28 | 0.0200% / 0.0320%  VIP 7 | |
KuCoin | Sh309.53 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy Skey Network
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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Skey Network (SKEY)
Use a variety of payment options to buy Skey Network on Bitget. We'll show you how.
Buy SKEY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of SKEY with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy SKEY 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 SKEY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of SKEY to UGX. However, you can first exchange SKEY 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 Skey Network to Ugandan Shilling?
Skey Network to Ugandan Shilling is falling this week.Skey Network's current market price is Sh 309.63 per SKEY, with a total market cap of Sh 126,561,471,892.96 UGX based on a circulating supply of 408,751,550 SKEY. The trading volume of Skey Network has changed by +5.73% (Sh 59,060,374.64 UGX) in the last 24 hours. Last trading day, SKEY's trading volume was Sh 1,031,550,191.
Market cap
$34.64M
24h volume
$298.50K
Circulating supply
408.75M SKEY
Conversion tables
The exchange rate of Skey Network is increasing.1 SKEY is currently valued at Sh 309.63 UGX , which means buying 5 SKEY will cost Sh 1,548.15 UGX . Similarly, Sh1 UGX can be traded for 0.003230 SKEY, and Sh50 UGX can be converted to 0.1615 SKEY, excluding any platform or gas fees.
The exchange rate of 1 SKEY to Ugandan Shilling has changed by -6.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.21%, reaching a high of 331.93 UGX and a low of 300.69 UGX . One month ago, the value of 1 SKEY was Sh 201.34 UGX , which represents a +53.77% change from its current value. Over the last year, Skey Network has changed by , resulting in a change of +317.57% in its value.
+Sh
235.5UGXSKEY to UGX
Amount
11:22 am today
0.5 SKEY
Sh154.81
1 SKEY
Sh309.63
5 SKEY
Sh1,548.15
10 SKEY
Sh3,096.29
50 SKEY
Sh15,481.47
100 SKEY
Sh30,962.94
500 SKEY
Sh154,814.68
1000 SKEY
Sh309,629.36
UGX to SKEY
Amount11:22 am today
0.5UGX0.001615 SKEY
1UGX0.003230 SKEY
5UGX0.01615 SKEY
10UGX0.03230 SKEY
50UGX0.1615 SKEY
100UGX0.3230 SKEY
500UGX1.61 SKEY
1000UGX3.23 SKEY
Today vs. 24 hours ago
| Amount | 11:22 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SKEY | $0.04237 | $0.04518 | -6.21% |
| 1 SKEY | $0.08475 | $0.09036 | -6.21% |
| 5 SKEY | $0.4237 | $0.4518 | -6.21% |
| 10 SKEY | $0.8475 | $0.9036 | -6.21% |
| 50 SKEY | $4.24 | $4.52 | -6.21% |
| 100 SKEY | $8.47 | $9.04 | -6.21% |
| 500 SKEY | $42.37 | $45.18 | -6.21% |
| 1000 SKEY | $84.75 | $90.36 | -6.21% |
Today vs. 1 month ago
| Amount | 11:22 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SKEY | $0.04237 | $0.02755 | +53.77% |
| 1 SKEY | $0.08475 | $0.05511 | +53.77% |
| 5 SKEY | $0.4237 | $0.2755 | +53.77% |
| 10 SKEY | $0.8475 | $0.5511 | +53.77% |
| 50 SKEY | $4.24 | $2.76 | +53.77% |
| 100 SKEY | $8.47 | $5.51 | +53.77% |
| 500 SKEY | $42.37 | $27.55 | +53.77% |
| 1000 SKEY | $84.75 | $55.11 | +53.77% |
Today vs. 1 year ago
| Amount | 11:22 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SKEY | $0.04237 | $0.01014 | +317.57% |
| 1 SKEY | $0.08475 | $0.02029 | +317.57% |
| 5 SKEY | $0.4237 | $0.1014 | +317.57% |
| 10 SKEY | $0.8475 | $0.2029 | +317.57% |
| 50 SKEY | $4.24 | $1.01 | +317.57% |
| 100 SKEY | $8.47 | $2.03 | +317.57% |
| 500 SKEY | $42.37 | $10.14 | +317.57% |
| 1000 SKEY | $84.75 | $20.29 | +317.57% |
Skey Network price prediction
What will the price of SKEY be in 2025?
Based on SKEY's historical price performance prediction model, the price of SKEY is projected to reach $0.1210 in 2025.
What will the price of SKEY be in 2030?
In 2030, the SKEY price is expected to change by -10.00%. By the end of 2030, the SKEY price is projected to reach $0.2352, with a cumulative ROI of +172.73%.
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Popular Skey Network conversions
Check out these popular currency conversions of Skey Network to several fiat currencies.
Skey Network to USD
1 SKEY to $ 0.08475 USD
Skey Network to GBP
1 SKEY to £ 0.06741 GBP
Skey Network to EUR
1 SKEY to € 0.08125 EUR
Skey Network to KRW
1 SKEY to ₩ 122.58 KRW
Skey Network to CAD
1 SKEY to $ 0.1217 CAD
Skey Network to AUD
1 SKEY to $ 0.1356 AUD
Skey Network to JPY
1 SKEY to ¥ 13.26 JPY
Skey Network to BRL
1 SKEY to R$ 0.5158 BRL
Skey Network to CNY
1 SKEY to ¥ 0.6184 CNY
Skey Network to TWD
1 SKEY to NT$ 2.77 TWD
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1 HEX to Sh 14.9 UGX
Chintai to UGX
1 CHEX to Sh 2,073.96 UGX
PulseX to UGX
1 PLSX to Sh 0.1351 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 Skey Network 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 Skey Network 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 Skey Network 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.
