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base info Platform of meme coins

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PAYU
PAYU
swap
UGX
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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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1D7D1M3M1YAll
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Bitgethot-iconcalculator.compare.best
Sh0.{5}8803
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$131.41K
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0 PAYU

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0.5 PAYU
Sh0.{5}2228
1 PAYU
Sh0.{5}4455
5 PAYU
Sh0.{4}2228
10 PAYU
Sh0.{4}4455
50 PAYU
Sh0.0002228
100 PAYU
Sh0.0004455
500 PAYU
Sh0.002228
1000 PAYU
Sh0.004455

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coin.amountcalculator.detail.time_
0.5UGX112,229.44  PAYU
1UGX224,458.89  PAYU
5UGX1,122,294.44  PAYU
10UGX2,244,588.88  PAYU
50UGX11,222,944.4  PAYU
100UGX22,445,888.81  PAYU
500UGX112,229,444.04  PAYU
1000UGX224,458,888.08  PAYU

calculator.detail.price_24

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0.5 PAYU$0.{9}6083$0.{9}6310
-3.59%
1 PAYU$0.{8}1217$0.{8}1262
-3.59%
5 PAYU$0.{8}6083$0.{8}6310
-3.59%
10 PAYU$0.{7}1217$0.{7}1262
-3.59%
50 PAYU$0.{7}6083$0.{7}6310
-3.59%
100 PAYU$0.{6}1217$0.{6}1262
-3.59%
500 PAYU$0.{6}6083$0.{6}6310
-3.59%
1000 PAYU$0.{5}1217$0.{5}1262
-3.59%

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0.5 PAYU$0.{9}6083$0.{9}4985
+22.02%
1 PAYU$0.{8}1217$0.{9}9971
+22.02%
5 PAYU$0.{8}6083$0.{8}4985
+22.02%
10 PAYU$0.{7}1217$0.{8}9971
+22.02%
50 PAYU$0.{7}6083$0.{7}4985
+22.02%
100 PAYU$0.{6}1217$0.{7}9971
+22.02%
500 PAYU$0.{6}6083$0.{6}4985
+22.02%
1000 PAYU$0.{5}1217$0.{6}9971
+22.02%

calculator.detail.price_year

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0.5 PAYU$0.{9}6083$0.{8}1117
-45.52%
1 PAYU$0.{8}1217$0.{8}2233
-45.52%
5 PAYU$0.{8}6083$0.{7}1117
-45.52%
10 PAYU$0.{7}1217$0.{7}2233
-45.52%
50 PAYU$0.{7}6083$0.{6}1117
-45.52%
100 PAYU$0.{6}1217$0.{6}2233
-45.52%
500 PAYU$0.{6}6083$0.{5}1117
-45.52%
1000 PAYU$0.{5}1217$0.{5}2233
-45.52%

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