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FRED to UGX Converter and calculator

FRED/UGX: 1 FRED = 1.29 UGX. The price of converting 1 FRED (FRED) to Ugandan shilling (UGX) is 1.29 UGX today.
FRED
FRED
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FRED to UGX real-time exchange rates, making it easy to convert FRED (FRED) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 FRED is currently valued at 1.29 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FRED is currently valued at 1.29 UGX, which means buying 5 FRED would cost 6.43 UGX. Similarly, Sh1 UGX can be converted to 0.7779 FRED, and Sh50 UGX can be converted to 3.89 FRED, excluding any platform or gas fees.

Convert FRED to UGX

Convert UGX to FRED

FRED
Ugandan shilling
1 FRED
1.29  UGX
Exchange 1 FRED for 1.29 UGX
2 FRED
2.57  UGX
Exchange 2 FRED for 2.57 UGX
5 FRED
6.43  UGX
Exchange 5 FRED for 6.43 UGX
10 FRED
12.85  UGX
Exchange 10 FRED for 12.85 UGX
20 FRED
25.71  UGX
Exchange 20 FRED for 25.71 UGX
50 FRED
64.27  UGX
Exchange 50 FRED for 64.27 UGX
100 FRED
128.55  UGX
Exchange 100 FRED for 128.55 UGX
200 FRED
257.1  UGX
Exchange 200 FRED for 257.1 UGX
500 FRED
642.75  UGX
Exchange 500 FRED for 642.75 UGX
1000 FRED
1,285.49  UGX
Exchange 1000 FRED for 1,285.49 UGX
5000 FRED
6,427.46  UGX
Exchange 5000 FRED for 6,427.46 UGX
10000 FRED
12,854.91  UGX
Exchange 10000 FRED for 12,854.91 UGX
In the table above, you'll find a comprehensive FRED to UGX converter that shows the value of FRED in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 FRED to UGX, all the way up to 10000 FRED, providing a clear view of their respective values.
Ugandan shilling
FRED
1 UGX
0.7779 FRED
Exchange 1 UGX for 0.7779 FRED
10 UGX
7.78 FRED
Exchange 10 UGX for 7.78 FRED
50 UGX
38.9 FRED
Exchange 50 UGX for 38.9 FRED
100 UGX
77.79 FRED
Exchange 100 UGX for 77.79 FRED
200 UGX
155.58 FRED
Exchange 200 UGX for 155.58 FRED
500 UGX
388.96 FRED
Exchange 500 UGX for 388.96 FRED
1000 UGX
777.91 FRED
Exchange 1000 UGX for 777.91 FRED
2000 UGX
1,555.83 FRED
Exchange 2000 UGX for 1,555.83 FRED
5000 UGX
3,889.56 FRED
Exchange 5000 UGX for 3,889.56 FRED
10000 UGX
7,779.13 FRED
Exchange 10000 UGX for 7,779.13 FRED
50000 UGX
38,895.64 FRED
Exchange 50000 UGX for 38,895.64 FRED
100000 UGX
77,791.28 FRED
Exchange 100000 UGX for 77,791.28 FRED
In the table above, you'll find a comprehensive UGX to FRED converter that shows the value of Ugandan shilling in FRED across commonly used conversion amounts. The list covers conversions from 1 UGX to FRED, all the way up to 100000 UGX, providing a clear view of their respective values.

FRED to UGX chart

FRED/UGX: 1 FRED = 1.29 UGX; 2025/09/19 01:07:15
In the past 1D, FRED has changed -0.17% to UGX. Based on the trend and price charts, FRED(FRED) has changed -0.17% to UGX while Ugandan shilling(UGX) has changed % to FRED in the last 24 hours.
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FRED to UGX conversion data: Volatility and price changes of FRED in UGX

The highest FRED price in UGX over the past 7 days was 1.5 UGX while the lowest FRED price in UGX over the past 7 days was 1.23 UGX. The relative change between the highs and lows in FRED price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and FRED to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
1.32 UGX
1.5 UGX
1.5 UGX
1.89 UGX
Low
1.28 UGX
1.23 UGX
1.04 UGX
0.1192 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-0.17%
+2.59%
+12.49%
+42.03%

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Buy FRED (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of FRED with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy FRED with USDT via Bitget spot market.
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FRED information

FRED to UGX market statistics

FRED/UGX:
Sh1.29
FRED 24h volume:
Sh573,601.59
FRED market cap:
--
FRED circulating supply:
0 FRED

Current FRED to UGX exchange rate

FRED to Ugandan shilling is rising this week.
FRED's current market price is Sh1.29 per FRED, with a total market cap of Sh0 UGX based on a circulating supply of -- FRED. The trading volume of FRED has changed by -88.51% (Sh-4,419,926.63 UGX) in the last 24 hours. Last trading day, FRED's trading volume was Sh4,993,528.22.

More info about FRED on Bitget

Ugandan shilling 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 FRED currency pair is the FRED to UGX, with for FRED's currency code being FRED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert FRED to UGX

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1 FRED to $0.0003669 USD
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1 FRED to €0.0003113 EUR
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1 FRED to C$0.0005063 CAD
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1 FRED to ₩0.5092 KRW
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1 FRED to ¥0.05429 JPY
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1 FRED to £0.0002707 GBP
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1 FRED to R$0.001947 BRL

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FRED to UGX Conversion tables

The exchange rate of FRED is increasing.
The exchange rate of 1 FRED to Ugandan shilling has changed by +2.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.17%, reaching a high of 1.32 UGX and a low of 1.28 UGX . One month ago, the value of 1 FRED was Sh1.14 UGX , which represents a +12.49% change from its current value. Over the last year, FRED has changed by
+Sh
0.9422UGX
, resulting in a change of +274.43% in its value.
24 hours ago1 month ago1 year ago
Amount 01:07 am today 24 hours ago 24h change
0.5 FRED
Sh0.6427Sh0.6439
-0.17%
1 FRED
Sh1.29Sh1.29
-0.17%
5 FRED
Sh6.43Sh6.44
-0.17%
10 FRED
Sh12.85Sh12.88
-0.17%
50 FRED
Sh64.27Sh64.39
-0.17%
100 FRED
Sh128.55Sh128.77
-0.17%
500 FRED
Sh642.75Sh643.85
-0.17%
1000 FRED
Sh1,285.49Sh1,287.7
-0.17%

FRED to UGX FAQ

How much is 1 FRED in UGX?
Right now, the price of 1 FRED (FRED) in Ugandan shilling (UGX) is Sh1.29.
How much FRED can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.7779 FRED for 1 UGX.
How do I calculate or convert FRED to UGX?
You can use our FRED to UGX calculator at the top of this page to convert any amount of FRED to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 3.89 FRED, while 5 FRED will cost around 6.43UGX.
What is the highest price of FRED/UGX in history?
The all-time high price of 1 FRED in UGX is Sh597.32. It remains to be seen if the value of 1 FRED/UGX will exceed the current all-time high.
What is the price trend of FRED in UGX?
Over the past 7 days, the exchange rate of FRED (FRED) has gone up by 2.59%.   Over the last month, the exchange rate of FRED (FRED) has gone up by 12.49% against Ugandan shilling (UGX).

What factors influence the conversion rate of FRED to UGX?

There are many factors that affect the relationship between FRED and Ugandan shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of FRED/UGX. When there is positive news in the market about the widespread adoption of FRED or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FRED/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FRED/UGX.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of FRED/UGX. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of FRED and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular FRED currency pairs: FRED to US Dollar (USD), FRED to Euro (EUR), FRED to Pound Sterling (GBP), FRED to Canadian Dollar (CAD), FRED to Indian Rupee (INR), FRED to Pakistani Rupee (PKR), FRED to Brazilian Real (BRL), FRED to…
The price of FRED in the US is $0.0003669 USD. Additionally, FRED’s price is €0.0003113 EUR in the eurozone, £0.0002707 GBP in the UK, C$0.0005063 CAD in Canada, ₹0.03236 INR in India, ₨0.1038 PKR in Pakistan, R$0.001947 BRL in Brazil, and more.
The most popular FRED currency pair is the FRED to Ugandan shilling(UGX). The price of 1 FRED (FRED) in Ugandan shilling (UGX) is Sh1.29.

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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.