GEORGE to UGX Converter and calculator


Conversion rates
Convert GEORGE to UGX
Convert UGX to GEORGE
GEORGE to UGX chart
GEORGE to UGX conversion data: Volatility and price changes of GEORGE in UGX
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.07051 UGX | 0.07054 UGX | 0.07939 UGX | 0.2526 UGX |
Low | 0.06911 UGX | 0.06769 UGX | 0.06598 UGX | 0.05034 UGX |
Average | 0 UGX | 0 UGX | 0 UGX | 0 UGX |
Volatility | % | % | % | % |
Change | +2.03% | +4.17% | -5.27% | -68.15% |
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GEORGE information
GEORGE to UGX market statistics
Current GEORGE to UGX exchange rate
GEORGE to Ugandan shilling is rising this week.More info about GEORGE 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.
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GEORGE to UGX Conversion tables
Amount | 01:18 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 GEORGE | Sh0.03526 | Sh0.03455 | +2.03% |
1 GEORGE | Sh0.07051 | Sh0.06911 | +2.03% |
5 GEORGE | Sh0.3526 | Sh0.3455 | +2.03% |
10 GEORGE | Sh0.7051 | Sh0.6911 | +2.03% |
50 GEORGE | Sh3.53 | Sh3.46 | +2.03% |
100 GEORGE | Sh7.05 | Sh6.91 | +2.03% |
500 GEORGE | Sh35.26 | Sh34.55 | +2.03% |
1000 GEORGE | Sh70.51 | Sh69.11 | +2.03% |
GEORGE to UGX FAQ
What factors influence the conversion rate of GEORGE to UGX?
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The price of GEORGE in the US is $0.{4}2013 USD. Additionally, GEORGE’s price is €0.{4}1708 EUR in the eurozone, £0.{4}1485 GBP in the UK, C$0.{4}2777 CAD in Canada, ₹0.001775 INR in India, ₨0.005695 PKR in Pakistan, R$0.0001068 BRL in Brazil, and more.
The most popular GEORGE currency pair is the GEORGE to Ugandan shilling(UGX). The price of 1 GEORGE (GEORGE) in Ugandan shilling (UGX) is Sh0.07051.
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