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REEF to UGX Converter and calculator

REEF/UGX: 1 REEF = 0.6967 UGX. The price of converting 1 Reef (REEF) to Ugandan shilling (UGX) is 0.6967 UGX today.
REEF
REEF
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides REEF to UGX real-time exchange rates, making it easy to convert Reef (REEF) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 REEF is currently valued at 0.6967 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 REEF is currently valued at 0.6967 UGX, which means buying 5 REEF would cost 3.48 UGX. Similarly, Sh1 UGX can be converted to 1.44 REEF, and Sh50 UGX can be converted to 7.18 REEF, excluding any platform or gas fees.

Convert REEF to UGX

Convert UGX to REEF

Reef
Ugandan shilling
1 REEF
0.6967  UGX
Exchange 1 REEF for 0.6967 UGX
2 REEF
1.39  UGX
Exchange 2 REEF for 1.39 UGX
5 REEF
3.48  UGX
Exchange 5 REEF for 3.48 UGX
10 REEF
6.97  UGX
Exchange 10 REEF for 6.97 UGX
20 REEF
13.93  UGX
Exchange 20 REEF for 13.93 UGX
50 REEF
34.84  UGX
Exchange 50 REEF for 34.84 UGX
100 REEF
69.67  UGX
Exchange 100 REEF for 69.67 UGX
200 REEF
139.34  UGX
Exchange 200 REEF for 139.34 UGX
500 REEF
348.36  UGX
Exchange 500 REEF for 348.36 UGX
1000 REEF
696.72  UGX
Exchange 1000 REEF for 696.72 UGX
5000 REEF
3,483.62  UGX
Exchange 5000 REEF for 3,483.62 UGX
10000 REEF
6,967.25  UGX
Exchange 10000 REEF for 6,967.25 UGX
In the table above, you'll find a comprehensive REEF to UGX converter that shows the value of Reef in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 REEF to UGX, all the way up to 10000 REEF, providing a clear view of their respective values.
Ugandan shilling
Reef
1 UGX
1.44 REEF
Exchange 1 UGX for 1.44 REEF
10 UGX
14.35 REEF
Exchange 10 UGX for 14.35 REEF
50 UGX
71.76 REEF
Exchange 50 UGX for 71.76 REEF
100 UGX
143.53 REEF
Exchange 100 UGX for 143.53 REEF
200 UGX
287.06 REEF
Exchange 200 UGX for 287.06 REEF
500 UGX
717.64 REEF
Exchange 500 UGX for 717.64 REEF
1000 UGX
1,435.29 REEF
Exchange 1000 UGX for 1,435.29 REEF
2000 UGX
2,870.57 REEF
Exchange 2000 UGX for 2,870.57 REEF
5000 UGX
7,176.43 REEF
Exchange 5000 UGX for 7,176.43 REEF
10000 UGX
14,352.87 REEF
Exchange 10000 UGX for 14,352.87 REEF
50000 UGX
71,764.34 REEF
Exchange 50000 UGX for 71,764.34 REEF
100000 UGX
143,528.67 REEF
Exchange 100000 UGX for 143,528.67 REEF
In the table above, you'll find a comprehensive UGX to REEF converter that shows the value of Ugandan shilling in Reef across commonly used conversion amounts. The list covers conversions from 1 UGX to REEF, all the way up to 100000 UGX, providing a clear view of their respective values.

REEF to UGX chart

REEF/UGX: 1 REEF = 0.6967 UGX; 2025/11/17 14:44:17
In the past 1D, Reef has changed +0.11% to UGX. Based on the trend and price charts, Reef(REEF) has changed +0.11% to UGX while Ugandan shilling(UGX) has changed % to REEF in the last 24 hours.
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REEF to UGX conversion data: Volatility and price changes of Reef in UGX

The highest Reef price in UGX over the past 7 days was 0.7924 UGX while the lowest Reef price in UGX over the past 7 days was 0.6837 UGX. The relative change between the highs and lows in Reef price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and REEF 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
0.7382 UGX
0.7924 UGX
0.8921 UGX
2.66 UGX
Low
0.6837 UGX
0.6837 UGX
0.6837 UGX
0.6426 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+0.11%
-9.84%
-17.85%
-58.24%

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Bitget P2P trading does not currently support direct buying of REEF with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy REEF with USDT via Bitget spot market.
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Reef information

REEF to UGX market statistics

REEF/UGX:
Sh0.6967
REEF 24h volume:
Sh3,995,264,189.69
REEF market cap:
Sh14,642,157,460.87
REEF circulating supply:
21.02B REEF

Current REEF to UGX exchange rate

Reef to Ugandan shilling is falling this week.
Reef's current market price is Sh0.6967 per REEF, with a total market cap of Sh14,642,157,460.87 UGX based on a circulating supply of 21,015,693,000 REEF. The trading volume of Reef has changed by +121.46% (Sh2,191,212,277.21 UGX) in the last 24 hours. Last trading day, REEF's trading volume was Sh1,804,051,912.48.

More info about Reef 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 Reef currency pair is the REEF to UGX, with for Reef's currency code being REEF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert REEF to UGX

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REEF to UGX Conversion tables

The exchange rate of Reef is decreasing.
The exchange rate of 1 REEF to Ugandan shilling has changed by -9.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.11%, reaching a high of 0.7382 UGX and a low of 0.6837 UGX . One month ago, the value of 1 REEF was Sh0.8478 UGX , which represents a -17.85% change from its current value. Over the last year, Reef has changed by
-Sh
3.81UGX
, resulting in a change of -84.57% in its value.
24 hours ago1 month ago1 year ago
Amount 14:44 today 24 hours ago 24h change
0.5 REEF
Sh0.3484Sh0.3480
+0.11%
1 REEF
Sh0.6967Sh0.6959
+0.11%
5 REEF
Sh3.48Sh3.48
+0.11%
10 REEF
Sh6.97Sh6.96
+0.11%
50 REEF
Sh34.84Sh34.8
+0.11%
100 REEF
Sh69.67Sh69.59
+0.11%
500 REEF
Sh348.36Sh347.97
+0.11%
1000 REEF
Sh696.72Sh695.94
+0.11%

REEF to UGX FAQ

How much is 1 Reef in UGX?
Right now, the price of 1 Reef (REEF) in Ugandan shilling (UGX) is Sh0.6967.
How much REEF can I buy for 1 UGX?
Based on the current exchange rate, you can get 1.44 REEF for 1 UGX.
How do I calculate or convert REEF to UGX?
You can use our REEF to UGX calculator at the top of this page to convert any amount of REEF to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 7.18 REEF, while 5 REEF will cost around 3.48UGX.
What is the highest price of REEF/UGX in history?
The all-time high price of 1 REEF in UGX is Sh208.67. It remains to be seen if the value of 1 REEF/UGX will exceed the current all-time high.
What is the price trend of Reef in UGX?
Over the past 7 days, the exchange rate of Reef (REEF) has gone down by 9.84%.   Over the last month, the exchange rate of Reef (REEF) has gone down by 17.85% against Ugandan shilling (UGX).

What factors influence the conversion rate of REEF to UGX?

There are many factors that affect the relationship between Reef 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 REEF/UGX. When there is positive news in the market about the widespread adoption of REEF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of REEF/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in REEF/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 REEF/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 Reef 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 Reef currency pairs: REEF to US Dollar (USD), REEF to Euro (EUR), REEF to Pound Sterling (GBP), REEF to Canadian Dollar (CAD), REEF to Indian Rupee (INR), REEF to Pakistani Rupee (PKR), REEF to Brazilian Real (BRL), REEF to…
The price of Reef in the US is $0.0001950 USD. Additionally, Reef’s price is €0.0001682 EUR in the eurozone, £0.0001480 GBP in the UK, C$0.0002737 CAD in Canada, ₹0.01728 INR in India, ₨0.05511 PKR in Pakistan, R$0.001035 BRL in Brazil, and more.
The most popular Reef currency pair is the REEF to Ugandan shilling(UGX). The price of 1 Reef (REEF) in Ugandan shilling (UGX) is Sh0.6967.

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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.