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POLK to UGX Converter and calculator

POLK/UGX: 1 POLK = 29.7 UGX. The price of converting 1 Polkamarkets (POLK) to Ugandan shilling (UGX) is 29.7 UGX today.
POLK
POLK
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides POLK to UGX real-time exchange rates, making it easy to convert Polkamarkets (POLK) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 POLK is currently valued at 29.70 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 POLK is currently valued at 29.70 UGX, which means buying 5 POLK would cost 148.50 UGX. Similarly, Sh1 UGX can be converted to 0.03367 POLK, and Sh50 UGX can be converted to 0.1683 POLK, excluding any platform or gas fees.

Convert POLK to UGX

Convert UGX to POLK

Polkamarkets
Ugandan shilling
50 POLK
1,485.02  UGX
100 POLK
2,970.05  UGX
200 POLK
5,940.09  UGX
500 POLK
14,850.23  UGX
1000 POLK
29,700.46  UGX
5000 POLK
148,502.28  UGX
10000 POLK
297,004.56  UGX
In the table above, you'll find a comprehensive POLK to UGX converter that shows the value of Polkamarkets in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 POLK to UGX, all the way up to 10000 POLK, providing a clear view of their respective values.
Ugandan shilling
Polkamarkets
50000 UGX
1,683.48 POLK
100000 UGX
3,366.95 POLK
In the table above, you'll find a comprehensive UGX to POLK converter that shows the value of Ugandan shilling in Polkamarkets across commonly used conversion amounts. The list covers conversions from 1 UGX to POLK, all the way up to 100000 UGX, providing a clear view of their respective values.

POLK to UGX chart

POLK/UGX: 1 POLK = 29.7 UGX; 2025/04/27 08:51:38
In the past 1D, Polkamarkets has changed +1.62% to UGX. Based on the trend and price charts, Polkamarkets(POLK) has changed +1.62% to UGX while Ugandan shilling(UGX) has changed % to POLK in the last 24 hours.
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POLK to UGX conversion data: Volatility and price changes of Polkamarkets in UGX

The highest Polkamarkets price in UGX over the past 7 days was 32.4 UGX while the lowest Polkamarkets price in UGX over the past 7 days was 21.81 UGX. The relative change between the highs and lows in Polkamarkets price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and POLK 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
29.91 UGX
32.4 UGX
32.55 UGX
53.12 UGX
Low
24.32 UGX
21.81 UGX
20.62 UGX
20.62 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+1.62%
+36.43%
+8.46%
-44.34%

Polkamarkets information

POLK to UGX market statistics

POLK/UGX:
Sh29.7
POLK 24h volume:
Sh548,807,149.08
POLK market cap:
Sh2,970,003,204.32
POLK circulating supply:
100.00M POLK

Current POLK to UGX exchange rate

Polkamarkets to Ugandan shilling is rising this week.
Polkamarkets's current market price is Sh29.7 per POLK, with a total market cap of Sh2,970,003,204.32 UGX based on a circulating supply of 99,998,570 POLK. The trading volume of Polkamarkets has changed by +5.50% (Sh28,611,785.39 UGX) in the last 24 hours. Last trading day, POLK's trading volume was Sh520,195,363.69.

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

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How to convert POLK to UGX

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Convert POLK to UGX
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POLK to UGX Conversion tables

The exchange rate of Polkamarkets is increasing.
The exchange rate of 1 POLK to Ugandan shilling has changed by +36.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.62%, reaching a high of 29.91 UGX and a low of 24.32 UGX . One month ago, the value of 1 POLK was Sh27.44 UGX , which represents a +8.46% change from its current value. Over the last year, Polkamarkets has changed by
-Sh
96.47UGX
, resulting in a change of -76.88% in its value.
24 hours ago1 month ago1 year ago
Amount08:51 am today24 hours ago24h change
0.5 POLKSh14.85Sh14.62
+1.62%
1 POLKSh29.7Sh29.24
+1.62%
5 POLKSh148.5Sh146.19
+1.62%
10 POLKSh297Sh292.38
+1.62%
50 POLKSh1,485.02Sh1,461.91
+1.62%
100 POLKSh2,970.05Sh2,923.83
+1.62%
500 POLKSh14,850.23Sh14,619.14
+1.62%
1000 POLKSh29,700.46Sh29,238.27
+1.62%

POLK to UGX FAQ

How much is 1 Polkamarkets in UGX?
Right now, the price of 1 Polkamarkets (POLK) in Ugandan shilling (UGX) is Sh29.7.
How much POLK can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.03367 POLK for 1 UGX.
How do I calculate or convert POLK to UGX?
You can use our POLK to UGX calculator at the top of this page to convert any amount of POLK to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.1683 POLK, while 5 POLK will cost around 148.5UGX.
What is the highest price of POLK/UGX in history?
The all-time high price of 1 POLK in UGX is Sh15,195.88. It remains to be seen if the value of 1 POLK/UGX will exceed the current all-time high.
What is the price trend of Polkamarkets in UGX?
Over the past 7 days, the exchange rate of Polkamarkets (POLK) has gone up by 36.43%.   Over the last month, the exchange rate of Polkamarkets (POLK) has gone up by 8.46% against Ugandan shilling (UGX).

What factors influence the conversion rate of POLK to UGX?

There are many factors that affect the relationship between Polkamarkets 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 POLK/UGX. When there is positive news in the market about the widespread adoption of POLK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of POLK/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in POLK/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 POLK/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 Polkamarkets 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.