GNY
UGX
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of GNY(GNY) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 GNY at a value of 1 GNY for 38.57 UGX . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
UGX 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 GNY currency pair is the GNY to UGX, with for GNY's currency code being GNY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
GNY to UGX conversion rate trend
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In the past 1D, GNY has changed -5.78% to UGX. Based on the trend and price charts, GNY(GNY) has changed -5.78% to UGX while Ugandan Shilling(UGX) has changed % to GNY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh39.03 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/18 00:31:05(UTC+0)
How to buy GNY
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy GNY (GNY)
Use a variety of payment options to buy GNY on Bitget. We'll show you how.
Buy GNY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of GNY with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy GNY with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell GNY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of GNY to UGX. However, you can first exchange GNY for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of GNY to Ugandan Shilling?
GNY to Ugandan Shilling is rising this week.GNY's current market price is Sh 38.57 per GNY, with a total market cap of Sh 7,419,181,357.08 UGX based on a circulating supply of 192,376,660 GNY. The trading volume of GNY has changed by +103.06% (Sh 77,067,195.34 UGX) in the last 24 hours. Last trading day, GNY's trading volume was Sh 74,782,442.17.
Market cap
$2.04M
24h volume
$41.76K
Circulating supply
192.38M GNY
Conversion tables
The exchange rate of GNY is increasing.1 GNY is currently valued at Sh 38.57 UGX , which means buying 5 GNY will cost Sh 192.83 UGX . Similarly, Sh1 UGX can be traded for 0.02593 GNY, and Sh50 UGX can be converted to 1.3 GNY, excluding any platform or gas fees.
The exchange rate of 1 GNY to Ugandan Shilling has changed by +20.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.78%, reaching a high of 41.09 UGX and a low of 38.34 UGX . One month ago, the value of 1 GNY was Sh 31.18 UGX , which represents a +23.72% change from its current value. Over the last year, GNY has changed by , resulting in a change of -42.78% in its value.
-Sh
28.79UGXGNY to UGX
Amount
06:13 am today
0.5 GNY
Sh19.28
1 GNY
Sh38.57
5 GNY
Sh192.83
10 GNY
Sh385.66
50 GNY
Sh1,928.3
100 GNY
Sh3,856.59
500 GNY
Sh19,282.95
1000 GNY
Sh38,565.91
UGX to GNY
Amount06:13 am today
0.5UGX0.01296 GNY
1UGX0.02593 GNY
5UGX0.1296 GNY
10UGX0.2593 GNY
50UGX1.3 GNY
100UGX2.59 GNY
500UGX12.96 GNY
1000UGX25.93 GNY
Today vs. 24 hours ago
| Amount | 06:13 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GNY | $0.005303 | $0.005628 | -5.78% |
| 1 GNY | $0.01061 | $0.01126 | -5.78% |
| 5 GNY | $0.05303 | $0.05628 | -5.78% |
| 10 GNY | $0.1061 | $0.1126 | -5.78% |
| 50 GNY | $0.5303 | $0.5628 | -5.78% |
| 100 GNY | $1.06 | $1.13 | -5.78% |
| 500 GNY | $5.3 | $5.63 | -5.78% |
| 1000 GNY | $10.61 | $11.26 | -5.78% |
Today vs. 1 month ago
| Amount | 06:13 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GNY | $0.005303 | $0.004288 | +23.72% |
| 1 GNY | $0.01061 | $0.008575 | +23.72% |
| 5 GNY | $0.05303 | $0.04288 | +23.72% |
| 10 GNY | $0.1061 | $0.08575 | +23.72% |
| 50 GNY | $0.5303 | $0.4288 | +23.72% |
| 100 GNY | $1.06 | $0.8575 | +23.72% |
| 500 GNY | $5.3 | $4.29 | +23.72% |
| 1000 GNY | $10.61 | $8.58 | +23.72% |
Today vs. 1 year ago
| Amount | 06:13 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GNY | $0.005303 | $0.009262 | -42.78% |
| 1 GNY | $0.01061 | $0.01852 | -42.78% |
| 5 GNY | $0.05303 | $0.09262 | -42.78% |
| 10 GNY | $0.1061 | $0.1852 | -42.78% |
| 50 GNY | $0.5303 | $0.9262 | -42.78% |
| 100 GNY | $1.06 | $1.85 | -42.78% |
| 500 GNY | $5.3 | $9.26 | -42.78% |
| 1000 GNY | $10.61 | $18.52 | -42.78% |
GNY price prediction
What will the price of GNY be in 2025?
Based on GNY's historical price performance prediction model, the price of GNY is projected to reach $0.01365 in 2025.
What will the price of GNY be in 2030?
In 2030, the GNY price is expected to change by -19.00%. By the end of 2030, the GNY price is projected to reach $0.02660, with a cumulative ROI of +144.73%.
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Popular GNY conversions
Check out these popular currency conversions of GNY to several fiat currencies.
GNY to USD
1 GNY to $ 0.01061 USD
GNY to GBP
1 GNY to £ 0.008352 GBP
GNY to EUR
1 GNY to € 0.01010 EUR
GNY to KRW
1 GNY to ₩ 15.24 KRW
GNY to CAD
1 GNY to $ 0.01520 CAD
GNY to AUD
1 GNY to $ 0.01679 AUD
GNY to JPY
1 GNY to ¥ 1.63 JPY
GNY to BRL
1 GNY to R$ 0.06475 BRL
GNY to CNY
1 GNY to ¥ 0.07725 CNY
GNY to TWD
1 GNY to NT$ 0.3450 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in GNY.
XRP to UGX
1 XRP to Sh 9,097.82 UGX
Solana to UGX
1 SOL to Sh 784,614.92 UGX
Litecoin to UGX
1 LTC to Sh 445,616.7 UGX
Stellar to UGX
1 XLM to Sh 1,537.19 UGX
Hedera to UGX
1 HBAR to Sh 1,073.34 UGX
Cronos to UGX
1 CRO to Sh 675.07 UGX
NEAR Protocol to UGX
1 NEAR to Sh 22,605.03 UGX
Bonk to UGX
1 BONK to Sh 0.1228 UGX
Algorand to UGX
1 ALGO to Sh 1,450.24 UGX
BNB to UGX
1 BNB to Sh 2,573,660.53 UGX
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between GNY and UGX.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as GNY and UGX. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of GNY in UGX, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
