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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.61%
New listings on Bitget: Pi Network
BTC/USDT$78973.00 (-1.42%)Fear and Greed Index23(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.61%
New listings on Bitget: Pi Network
BTC/USDT$78973.00 (-1.42%)Fear and Greed Index23(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
POKT
UGX
Last updated as of 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 Pocket Network(POKT) to Ugandan shilling(UGX). This is the real-time data. The current conversion shows 1 POKT at a value of 1 POKT for 38.30 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 Pocket Network currency pair is the POKT to UGX, with for Pocket Network's currency code being POKT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
POKT to UGX conversion rate trend
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In the past 1D, Pocket Network has changed +0.77% to UGX. Based on the trend and price charts, Pocket Network(POKT) has changed +0.77% to UGX while Ugandan shilling(UGX) has changed % to POKT in the last 24 hours.
POKT to UGX market statistics
POKT/UGX:
Sh 38.3
POKT 24h volume:
Sh 1,807,043,972.02
POKT market cap:
Sh 62,779,375,001.49
POKT circulating supply:
1.64B POKT
More info about Pocket Network on Bitget
Current POKT to UGX exchange rate
Pocket Network to Ugandan shilling is falling this week.Pocket Network's current market price is Sh 38.3 per POKT, with a total market cap of Sh 62,779,375,001.49 UGX based on a circulating supply of 1,639,345,800 POKT. The trading volume of Pocket Network has changed by +181.38% (Sh 1,164,843,822.97 UGX) in the last 24 hours. Last trading day, POKT's trading volume was Sh 642,200,149.06.
POKT to UGX Conversion tables
The exchange rate of Pocket Network is decreasing.1 POKT is currently valued at Sh 38.3 UGX , which means buying 5 POKT will cost Sh 191.48 UGX . Similarly, Sh1 UGX can be traded for 0.02611 POKT, and Sh50 UGX can be converted to 1.31 POKT, excluding any platform or gas fees.
The exchange rate of 1 POKT to Ugandan shilling has changed by -16.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.77%, reaching a high of 39.57 UGX and a low of 34.99 UGX . One month ago, the value of 1 POKT was Sh 58.34 UGX , which represents a -34.36% change from its current value. Over the last year, Pocket Network has changed by , resulting in a change of -96.09% in its value.
-Sh
940.97UGXPOKT to UGX
Amount
18:24 today
0.5 POKT
Sh19.15
1 POKT
Sh38.3
5 POKT
Sh191.48
10 POKT
Sh382.95
50 POKT
Sh1,914.77
100 POKT
Sh3,829.54
500 POKT
Sh19,147.69
1000 POKT
Sh38,295.38
UGX to POKT
Amount18:24 today
0.5UGX0.01306 POKT
1UGX0.02611 POKT
5UGX0.1306 POKT
10UGX0.2611 POKT
50UGX1.31 POKT
100UGX2.61 POKT
500UGX13.06 POKT
1000UGX26.11 POKT
POKT to UGX Today vs. 24 hours ago
| Amount | 18:24 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 POKT | Sh19.15 | Sh19 | +0.77% |
| 1 POKT | Sh38.3 | Sh38 | +0.77% |
| 5 POKT | Sh191.48 | Sh190.01 | +0.77% |
| 10 POKT | Sh382.95 | Sh380.03 | +0.77% |
| 50 POKT | Sh1,914.77 | Sh1,900.13 | +0.77% |
| 100 POKT | Sh3,829.54 | Sh3,800.25 | +0.77% |
| 500 POKT | Sh19,147.69 | Sh19,001.25 | +0.77% |
| 1000 POKT | Sh38,295.38 | Sh38,002.5 | +0.77% |
POKT to UGX Today vs. 1 month ago
| Amount | 18:24 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 POKT | Sh19.15 | Sh29.17 | -34.36% |
| 1 POKT | Sh38.3 | Sh58.34 | -34.36% |
| 5 POKT | Sh191.48 | Sh291.7 | -34.36% |
| 10 POKT | Sh382.95 | Sh583.4 | -34.36% |
| 50 POKT | Sh1,914.77 | Sh2,917.02 | -34.36% |
| 100 POKT | Sh3,829.54 | Sh5,834.03 | -34.36% |
| 500 POKT | Sh19,147.69 | Sh29,170.16 | -34.36% |
| 1000 POKT | Sh38,295.38 | Sh58,340.32 | -34.36% |
POKT to UGX Today vs. 1 year ago
| Amount | 18:24 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 POKT | Sh19.15 | Sh489.63 | -96.09% |
| 1 POKT | Sh38.3 | Sh979.27 | -96.09% |
| 5 POKT | Sh191.48 | Sh4,896.34 | -96.09% |
| 10 POKT | Sh382.95 | Sh9,792.68 | -96.09% |
| 50 POKT | Sh1,914.77 | Sh48,963.4 | -96.09% |
| 100 POKT | Sh3,829.54 | Sh97,926.81 | -96.09% |
| 500 POKT | Sh19,147.69 | Sh489,634.04 | -96.09% |
| 1000 POKT | Sh38,295.38 | Sh979,268.07 | -96.09% |
How to convert POKT to UGX
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Convert POKT to UGX
Use a variety of payment options to buy Pocket Network on Bitget. We'll show you how.
Learn MoreBuy POKT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of POKT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy POKT with USDT via Bitget spot market.
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Sell POKT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of POKT to UGX. However, you can first exchange POKT 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 POKT to UGX?
There are many factors that affect the relationship between Pocket Network 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 POKT/UGX. When there is positive news in the market about the widespread adoption of POKT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of POKT/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in POKT/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.
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 POKT/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 Pocket Network and adjust their investment strategies accordingly in the evolving market.
Pocket Network price prediction
What will the price of POKT be in 2026?
Based on POKT's historical price performance prediction model, the price of POKT is projected to reach $0.01116 in 2026.
What will the price of POKT be in 2031?
In 2031, the POKT price is expected to change by +38.00%. By the end of 2031, the POKT price is projected to reach $0.01889, with a cumulative ROI of +84.00%.
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Popular Pocket Network Converter
Check out these popular currency conversions of Pocket Network to several fiat currencies.
POKT to UGX
1 POKT to Sh 38.3 UGX
POKT to TWD
1 POKT to NT$ 0.3400 TWD
POKT to CNY
1 POKT to ¥ 0.07540 CNY
POKT to USD
1 POKT to $ 0.01030 USD
POKT to EUR
1 POKT to € 0.009419 EUR
POKT to CAD
1 POKT to $ 0.01464 CAD
POKT to KRW
1 POKT to ₩ 15.15 KRW
POKT to JPY
1 POKT to ¥ 1.52 JPY
POKT to GBP
1 POKT to £ 0.008079 GBP
POKT to BRL
1 POKT to R$ 0.06085 BRL
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Pocket Network.
BTC to UGX
1 BTC to Sh 293,420,799.22 UGX
XRP to UGX
1 XRP to Sh 7,082.52 UGX
ETH to UGX
1 ETH to Sh 5,808,046.82 UGX
SOL to UGX
1 SOL to Sh 397,443.09 UGX
DOGE to UGX
1 DOGE to Sh 551.49 UGX
ADA to UGX
1 ADA to Sh 2,152.31 UGX
TRUMP to UGX
1 TRUMP to Sh 29,237.44 UGX
SUI to UGX
1 SUI to Sh 7,560.46 UGX
BNB to UGX
1 BNB to Sh 2,062,008.6 UGX
PEPE to UGX
1 PEPE to Sh 0.02423 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 Pocket Network 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 Pocket Network 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 Pocket Network 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.
