IP to UGX Converter and calculator


Conversion rates
Convert IP to UGX
Convert UGX to IP
IP to UGX chart
IP to UGX conversion data: Volatility and price changes of TRUMP IP in UGX
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.4229 UGX | 0.4292 UGX | 0.4363 UGX | 0.4372 UGX |
Low | 0.004773 UGX | 0.004768 UGX | 0.004535 UGX | 0.002423 UGX |
Average | 0 UGX | 0 UGX | 0 UGX | 0 UGX |
Volatility | % | % | % | % |
Change | -94.06% | -86.78% | -77.10% | -66.15% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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TRUMP IP information
IP to UGX market statistics
Current IP to UGX exchange rate
TRUMP IP to Ugandan shilling is falling this week.More info about TRUMP IP 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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IP to UGX Conversion tables
Amount | 13:54 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 IP | Sh0.008186 | Sh0.1371 | -94.06% |
1 IP | Sh0.01637 | Sh0.2743 | -94.06% |
5 IP | Sh0.08186 | Sh1.37 | -94.06% |
10 IP | Sh0.1637 | Sh2.74 | -94.06% |
50 IP | Sh0.8186 | Sh13.71 | -94.06% |
100 IP | Sh1.64 | Sh27.43 | -94.06% |
500 IP | Sh8.19 | Sh137.13 | -94.06% |
1000 IP | Sh16.37 | Sh274.26 | -94.06% |
IP to UGX FAQ
What factors influence the conversion rate of IP to UGX?
Popular exchange rates — Crypto-to-Fiat converter
The price of TRUMP IP in the US is $0.{5}4673 USD. Additionally, TRUMP IP’s price is €0.{5}3978 EUR in the eurozone, £0.{5}3468 GBP in the UK, C$0.{5}6439 CAD in Canada, ₹0.0004117 INR in India, ₨0.001327 PKR in Pakistan, R$0.{4}2488 BRL in Brazil, and more.
The most popular TRUMP IP currency pair is the IP to Ugandan shilling(UGX). The price of 1 TRUMP IP (IP) in Ugandan shilling (UGX) is Sh0.01637.
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