OBS
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 One Basis(OBS) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 OBS at a value of 1 OBS for 497.65 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 One Basis currency pair is the OBS to UGX, with for One Basis's currency code being OBS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
OBS to UGX conversion rate trend
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In the past 1D, One Basis has changed +3.26% to UGX. Based on the trend and price charts, One Basis(OBS) has changed +3.26% to UGX while Ugandan Shilling(UGX) has changed % to OBS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh497.65 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/13 08:34:00(UTC+0)
How to buy One Basis
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy One Basis (OBS)
Use a variety of payment options to buy One Basis on Bitget. We'll show you how.
Buy OBS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of OBS with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy OBS 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 OBS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of OBS to UGX. However, you can first exchange OBS 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 One Basis to Ugandan Shilling?
One Basis to Ugandan Shilling is falling this week.One Basis's current market price is Sh 497.65 per OBS, with a total market cap of Sh 0 UGX based on a circulating supply of -- OBS. The trading volume of One Basis has changed by -72.03% (Sh -1,279,386.69 UGX) in the last 24 hours. Last trading day, OBS's trading volume was Sh 1,776,146.43.
Market cap
$0
24h volume
$135.32634193
Circulating supply
0 OBS
Conversion tables
The exchange rate of One Basis is increasing.1 OBS is currently valued at Sh 497.65 UGX , which means buying 5 OBS will cost Sh 2,488.24 UGX . Similarly, Sh1 UGX can be traded for 0.002009 OBS, and Sh50 UGX can be converted to 0.1005 OBS, excluding any platform or gas fees.
The exchange rate of 1 OBS to Ugandan Shilling has changed by -11.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.26%, reaching a high of 497.76 UGX and a low of 476.77 UGX . One month ago, the value of 1 OBS was Sh 479.19 UGX , which represents a +3.85% change from its current value. Over the last year, One Basis has changed by , resulting in a change of +34.37% in its value.
+Sh
127.28UGXOBS to UGX
Amount
08:48 am today
0.5 OBS
Sh248.82
1 OBS
Sh497.65
5 OBS
Sh2,488.24
10 OBS
Sh4,976.47
50 OBS
Sh24,882.35
100 OBS
Sh49,764.7
500 OBS
Sh248,823.5
1000 OBS
Sh497,647.01
UGX to OBS
Amount08:48 am today
0.5UGX0.001005 OBS
1UGX0.002009 OBS
5UGX0.01005 OBS
10UGX0.02009 OBS
50UGX0.1005 OBS
100UGX0.2009 OBS
500UGX1 OBS
1000UGX2.01 OBS
Today vs. 24 hours ago
| Amount | 08:48 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OBS | $0.06778 | $0.06564 | +3.26% |
| 1 OBS | $0.1356 | $0.1313 | +3.26% |
| 5 OBS | $0.6778 | $0.6564 | +3.26% |
| 10 OBS | $1.36 | $1.31 | +3.26% |
| 50 OBS | $6.78 | $6.56 | +3.26% |
| 100 OBS | $13.56 | $13.13 | +3.26% |
| 500 OBS | $67.78 | $65.64 | +3.26% |
| 1000 OBS | $135.57 | $131.28 | +3.26% |
Today vs. 1 month ago
| Amount | 08:48 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OBS | $0.06778 | $0.06527 | +3.85% |
| 1 OBS | $0.1356 | $0.1305 | +3.85% |
| 5 OBS | $0.6778 | $0.6527 | +3.85% |
| 10 OBS | $1.36 | $1.31 | +3.85% |
| 50 OBS | $6.78 | $6.53 | +3.85% |
| 100 OBS | $13.56 | $13.05 | +3.85% |
| 500 OBS | $67.78 | $65.27 | +3.85% |
| 1000 OBS | $135.57 | $130.54 | +3.85% |
Today vs. 1 year ago
| Amount | 08:48 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OBS | $0.06778 | $0.05045 | +34.37% |
| 1 OBS | $0.1356 | $0.1009 | +34.37% |
| 5 OBS | $0.6778 | $0.5045 | +34.37% |
| 10 OBS | $1.36 | $1.01 | +34.37% |
| 50 OBS | $6.78 | $5.04 | +34.37% |
| 100 OBS | $13.56 | $10.09 | +34.37% |
| 500 OBS | $67.78 | $50.45 | +34.37% |
| 1000 OBS | $135.57 | $100.89 | +34.37% |
One Basis price prediction
What will the price of OBS be in 2025?
Based on OBS's historical price performance prediction model, the price of OBS is projected to reach $0.1527 in 2025.
What will the price of OBS be in 2030?
In 2030, the OBS price is expected to change by -19.00%. By the end of 2030, the OBS price is projected to reach $0.1520, with a cumulative ROI of +12.12%.
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Popular One Basis conversions
Check out these popular currency conversions of One Basis to several fiat currencies.
One Basis to USD
1 OBS to $ 0.1356 USD
One Basis to GBP
1 OBS to £ 0.1072 GBP
One Basis to EUR
1 OBS to € 0.1296 EUR
One Basis to KRW
1 OBS to ₩ 194.32 KRW
One Basis to CAD
1 OBS to $ 0.1930 CAD
One Basis to AUD
1 OBS to $ 0.2131 AUD
One Basis to JPY
1 OBS to ¥ 20.72 JPY
One Basis to BRL
1 OBS to R$ 0.8132 BRL
One Basis to CNY
1 OBS to ¥ 0.9868 CNY
One Basis to TWD
1 OBS to NT$ 4.41 TWD
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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 One Basis 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 One Basis 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 One Basis 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.
