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FIDA to UGX Converter and calculator

FIDA/UGX: 1 FIDA = 309.95 UGX. The price of converting 1 Bonfida (FIDA) to Ugandan shilling (UGX) is 309.95 UGX today.
FIDA
FIDA
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FIDA to UGX real-time exchange rates, making it easy to convert Bonfida (FIDA) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 FIDA is currently valued at 309.95 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FIDA is currently valued at 309.95 UGX, which means buying 5 FIDA would cost 1549.75 UGX. Similarly, Sh1 UGX can be converted to 0.003226 FIDA, and Sh50 UGX can be converted to 0.01613 FIDA, excluding any platform or gas fees.

Convert FIDA to UGX

Convert UGX to FIDA

Bonfida
Ugandan shilling
50 FIDA
15,497.51  UGX
100 FIDA
30,995.01  UGX
200 FIDA
61,990.02  UGX
500 FIDA
154,975.05  UGX
1000 FIDA
309,950.11  UGX
5000 FIDA
1,549,750.54  UGX
10000 FIDA
3,099,501.08  UGX
In the table above, you'll find a comprehensive FIDA to UGX converter that shows the value of Bonfida in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 FIDA to UGX, all the way up to 10000 FIDA, providing a clear view of their respective values.
Ugandan shilling
Bonfida
In the table above, you'll find a comprehensive UGX to FIDA converter that shows the value of Ugandan shilling in Bonfida across commonly used conversion amounts. The list covers conversions from 1 UGX to FIDA, all the way up to 100000 UGX, providing a clear view of their respective values.

FIDA to UGX chart

FIDA/UGX: 1 FIDA = 309.95 UGX; 2025/05/02 14:17:07
In the past 1D, Bonfida has changed -0.43% to UGX. Based on the trend and price charts, Bonfida(FIDA) has changed -0.43% to UGX while Ugandan shilling(UGX) has changed % to FIDA in the last 24 hours.
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FIDA to UGX conversion data: Volatility and price changes of Solana Name Service in UGX

The highest Solana Name Service price in UGX over the past 7 days was 334.96 UGX while the lowest Solana Name Service price in UGX over the past 7 days was 286.27 UGX. The relative change between the highs and lows in Solana Name Service price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and FIDA to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
318.45 UGX
334.96 UGX
334.96 UGX
681.21 UGX
Low
306.05 UGX
286.27 UGX
228.57 UGX
228.57 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-0.43%
+0.88%
-8.51%
-56.93%

Bonfida information

FIDA to UGX market statistics

FIDA/UGX:
Sh309.95
FIDA 24h volume:
Sh44,937,644,375.64
FIDA market cap:
Sh307,133,170,919.7
FIDA circulating supply:
990.91M FIDA

Current FIDA to UGX exchange rate

Bonfida to Ugandan shilling is rising this week.
Bonfida's current market price is Sh309.95 per FIDA, with a total market cap of Sh307,133,170,919.7 UGX based on a circulating supply of 990,911,600 FIDA. The trading volume of Bonfida has changed by -13.43% (Sh-6,974,200,642.68 UGX) in the last 24 hours. Last trading day, FIDA's trading volume was Sh51,911,845,018.31.

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

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How to convert FIDA to UGX

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Convert FIDA to UGX
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FIDA to UGX Conversion tables

The exchange rate of Bonfida is decreasing.
The exchange rate of 1 FIDA to Ugandan shilling has changed by +0.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.43%, reaching a high of 318.45 UGX and a low of 306.05 UGX . One month ago, the value of 1 FIDA was Sh338.84 UGX , which represents a -8.51% change from its current value. Over the last year, Bonfida has changed by
-Sh
769UGX
, resulting in a change of -71.23% in its value.
24 hours ago1 month ago1 year ago
Amount14:17 today24 hours ago24h change
0.5 FIDASh154.98Sh155.65
-0.43%
1 FIDASh309.95Sh311.3
-0.43%
5 FIDASh1,549.75Sh1,556.51
-0.43%
10 FIDASh3,099.5Sh3,113.03
-0.43%
50 FIDASh15,497.51Sh15,565.15
-0.43%
100 FIDASh30,995.01Sh31,130.29
-0.43%
500 FIDASh154,975.05Sh155,651.47
-0.43%
1000 FIDASh309,950.11Sh311,302.93
-0.43%

FIDA to UGX FAQ

How much is 1 Bonfida in UGX?
Right now, the price of 1 Bonfida (FIDA) in Ugandan shilling (UGX) is Sh309.95.
How much FIDA can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.003226 FIDA for 1 UGX.
How do I calculate or convert FIDA to UGX?
You can use our FIDA to UGX calculator at the top of this page to convert any amount of FIDA to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.01613 FIDA, while 5 FIDA will cost around 1,549.75UGX.
What is the highest price of FIDA/UGX in history?
The all-time high price of 1 FIDA in UGX is Sh218,682.96. It remains to be seen if the value of 1 FIDA/UGX will exceed the current all-time high.
What is the price trend of Solana Name Service in UGX?
Over the past 7 days, the exchange rate of Bonfida (FIDA) has gone up by 0.88%.   Over the last month, the exchange rate of Bonfida (FIDA) has gone down by 8.51% against Ugandan shilling (UGX).

What factors influence the conversion rate of FIDA to UGX?

There are many factors that affect the relationship between Bonfida 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 FIDA/UGX. When there is positive news in the market about the widespread adoption of FIDA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FIDA/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FIDA/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 FIDA/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 Solana Name Service and adjust their investment strategies accordingly in the evolving market.

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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.