SOVI
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 Sovi Finance(SOVI) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 SOVI at a value of 1 SOVI for 766.88 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 Sovi Finance currency pair is the SOVI to UGX, with for Sovi Finance's currency code being SOVI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
SOVI to UGX conversion rate trend
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In the past 1D, Sovi Finance has changed +5.36% to UGX. Based on the trend and price charts, Sovi Finance(SOVI) has changed +5.36% to UGX while Ugandan Shilling(UGX) has changed % to SOVI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh766.88 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:35:17(UTC+0)
How to buy Sovi Finance
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 Sovi Finance (SOVI)
Use a variety of payment options to buy Sovi Finance on Bitget. We'll show you how.
Buy SOVI (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of SOVI with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy SOVI 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 SOVI (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of SOVI to UGX. However, you can first exchange SOVI 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 Sovi Finance to Ugandan Shilling?
Sovi Finance to Ugandan Shilling is rising this week.Sovi Finance's current market price is Sh 766.88 per SOVI, with a total market cap of Sh 0 UGX based on a circulating supply of -- SOVI. The trading volume of Sovi Finance has changed by -100.00% (Sh -- UGX) in the last 24 hours. Last trading day, SOVI's trading volume was Sh --.
Market cap
$0
24h volume
$0
Circulating supply
0 SOVI
Conversion tables
The exchange rate of Sovi Finance is increasing.1 SOVI is currently valued at Sh 766.88 UGX , which means buying 5 SOVI will cost Sh 3,834.41 UGX . Similarly, Sh1 UGX can be traded for 0.001304 SOVI, and Sh50 UGX can be converted to 0.06520 SOVI, excluding any platform or gas fees.
The exchange rate of 1 SOVI to Ugandan Shilling has changed by +33.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.36%, reaching a high of 611.57 UGX and a low of 500.19 UGX . One month ago, the value of 1 SOVI was Sh 757.17 UGX , which represents a +1.61% change from its current value. Over the last year, Sovi Finance has changed by , resulting in a change of -46.21% in its value.
-Sh
525.47UGXSOVI to UGX
Amount
20:08 today
0.5 SOVI
Sh383.44
1 SOVI
Sh766.88
5 SOVI
Sh3,834.41
10 SOVI
Sh7,668.83
50 SOVI
Sh38,344.13
100 SOVI
Sh76,688.27
500 SOVI
Sh383,441.35
1000 SOVI
Sh766,882.69
UGX to SOVI
Amount20:08 today
0.5UGX0.0006520 SOVI
1UGX0.001304 SOVI
5UGX0.006520 SOVI
10UGX0.01304 SOVI
50UGX0.06520 SOVI
100UGX0.1304 SOVI
500UGX0.6520 SOVI
1000UGX1.3 SOVI
Today vs. 24 hours ago
| Amount | 20:08 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOVI | $0.1049 | $0.1007 | +5.36% |
| 1 SOVI | $0.2099 | $0.2014 | +5.36% |
| 5 SOVI | $1.05 | $1.01 | +5.36% |
| 10 SOVI | $2.1 | $2.01 | +5.36% |
| 50 SOVI | $10.49 | $10.07 | +5.36% |
| 100 SOVI | $20.99 | $20.14 | +5.36% |
| 500 SOVI | $104.95 | $100.69 | +5.36% |
| 1000 SOVI | $209.9 | $201.38 | +5.36% |
Today vs. 1 month ago
| Amount | 20:08 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOVI | $0.1049 | $0.1036 | +1.61% |
| 1 SOVI | $0.2099 | $0.2072 | +1.61% |
| 5 SOVI | $1.05 | $1.04 | +1.61% |
| 10 SOVI | $2.1 | $2.07 | +1.61% |
| 50 SOVI | $10.49 | $10.36 | +1.61% |
| 100 SOVI | $20.99 | $20.72 | +1.61% |
| 500 SOVI | $104.95 | $103.62 | +1.61% |
| 1000 SOVI | $209.9 | $207.24 | +1.61% |
Today vs. 1 year ago
| Amount | 20:08 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOVI | $0.1049 | $0.1769 | -46.21% |
| 1 SOVI | $0.2099 | $0.3537 | -46.21% |
| 5 SOVI | $1.05 | $1.77 | -46.21% |
| 10 SOVI | $2.1 | $3.54 | -46.21% |
| 50 SOVI | $10.49 | $17.69 | -46.21% |
| 100 SOVI | $20.99 | $35.37 | -46.21% |
| 500 SOVI | $104.95 | $176.86 | -46.21% |
| 1000 SOVI | $209.9 | $353.72 | -46.21% |
Sovi Finance price prediction
What will the price of SOVI be in 2025?
Based on SOVI's historical price performance prediction model, the price of SOVI is projected to reach $0.4319 in 2025.
What will the price of SOVI be in 2030?
In 2030, the SOVI price is expected to change by -4.00%. By the end of 2030, the SOVI price is projected to reach $0.5156, with a cumulative ROI of +145.64%.
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Popular Sovi Finance conversions
Check out these popular currency conversions of Sovi Finance to several fiat currencies.
Sovi Finance to USD
1 SOVI to $ 0.2099 USD
Sovi Finance to GBP
1 SOVI to £ 0.1671 GBP
Sovi Finance to EUR
1 SOVI to € 0.2012 EUR
Sovi Finance to KRW
1 SOVI to ₩ 303.6 KRW
Sovi Finance to CAD
1 SOVI to $ 0.3014 CAD
Sovi Finance to AUD
1 SOVI to $ 0.3352 AUD
Sovi Finance to JPY
1 SOVI to ¥ 32.84 JPY
Sovi Finance to BRL
1 SOVI to R$ 1.28 BRL
Sovi Finance to CNY
1 SOVI to ¥ 1.53 CNY
Sovi Finance to TWD
1 SOVI to NT$ 6.85 TWD
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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 Sovi Finance 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 Sovi Finance 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 Sovi Finance 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.
