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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.81%
New listings on Bitget: Pi Network
BTC/USDT$85128.60 (+1.05%)Fear and Greed Index44(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$157.8M (1D); -$22M (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 share61.81%
New listings on Bitget: Pi Network
BTC/USDT$85128.60 (+1.05%)Fear and Greed Index44(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$157.8M (1D); -$22M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
REF
UYU
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 Ref Finance(REF) to Uruguayan Peso(UYU). This is the real-time data. The current conversion shows 1 REF at a value of 1 REF for 3.38 UYU . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
UYU information
About Uruguayan Peso (UYU)
The Uruguayan Peso (UYU), introduced in 1896, is the official currency of Uruguay and a key symbol of the nation's economic stability and progress. It is commonly abbreviated as UYU and represented by the symbol $. The Peso's introduction marked a significant step in Uruguay's journey towards creating a robust and independent economy.
Historical Background
The introduction of the Uruguayan Peso was a crucial development in Uruguay’s economic history, reflecting the country's efforts to establish a stable and sovereign monetary system. The Peso replaced the Uruguayan currency known as the “patacón,” signifying Uruguay's transition from a largely agrarian economy to one more integrated with international markets.
Design and Symbolism
The design of the Uruguayan Peso reflects the nation’s cultural heritage and natural beauty. Banknotes and coins feature images of national heroes, landmarks, and symbols of Uruguay’s rich flora and fauna. These designs not only serve as a medium for financial transactions but also as reminders of Uruguay's unique identity and pride.
Economic Role
The Peso plays a central role in Uruguay’s economy, characterized by its robust agricultural sector, growing tourism industry, and a well-developed service sector. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the everyday economic activities of Uruguayans.
Monetary Policy and Stability
Managed by the Central Bank of Uruguay, the Peso has maintained relative stability in a region often marked by economic volatility. The bank’s monetary policies focus on maintaining this stability, controlling inflation, and fostering a healthy economic environment conducive to growth and investment.
International Trade and the Uruguayan Peso
In international trade, the stability of the Peso is crucial, particularly for Uruguay's exports such as beef, soybeans, and dairy products. A stable Peso is vital for maintaining competitive export prices and for managing the import of goods.
Remittances and Economic Impact
Remittances from Uruguayans living abroad, particularly in Spain, Argentina, and the USA, are a significant source of foreign income. These remittances, converted into Pesos, support many families and contribute to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular Ref Finance currency pair is the REF to UYU, with for Ref Finance's currency code being REF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UYU.
REF to UYU conversion rate trend
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In the past 1D, Ref Finance has changed -1.37% to UYU. Based on the trend and price charts, Ref Finance(REF) has changed -1.37% to UYU while Uruguayan Peso(UYU) has changed % to REF in the last 24 hours.
REF to UYU market statistics
REF/UYU:
$ 3.38
REF 24h volume:
$ 2,876,883.99
REF market cap:
$ 126,317,801.88
REF circulating supply:
37.40M REF
More info about Ref Finance on Bitget
Current REF to UYU exchange rate
Ref Finance to Uruguayan Peso is falling this week.Ref Finance's current market price is $ 3.38 per REF, with a total market cap of $ 126,317,801.88 UYU based on a circulating supply of 37,404,732 REF. The trading volume of Ref Finance has changed by -27.88% ($ -1,112,200.69 UYU) in the last 24 hours. Last trading day, REF's trading volume was $ 3,989,084.68.
REF to UYU Conversion tables
The exchange rate of Ref Finance is decreasing.1 REF is currently valued at $ 3.38 UYU , which means buying 5 REF will cost $ 16.89 UYU . Similarly, $1 UYU can be traded for 0.2961 REF, and $50 UYU can be converted to 14.81 REF, excluding any platform or gas fees.
The exchange rate of 1 REF to Uruguayan Peso has changed by -22.34% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.37%, reaching a high of 3.57 UYU and a low of 3.3 UYU . One month ago, the value of 1 REF was $ 5.24 UYU , which represents a -35.34% change from its current value. Over the last year, Ref Finance has changed by , resulting in a change of -80.39% in its value.
-$
13.96UYUREF to UYU
Amount
09:19 am today
0.5 REF
$1.69
1 REF
$3.38
5 REF
$16.89
10 REF
$33.77
50 REF
$168.85
100 REF
$337.71
500 REF
$1,688.53
1000 REF
$3,377.05
UYU to REF
Amount09:19 am today
0.5UYU0.1481 REF
1UYU0.2961 REF
5UYU1.48 REF
10UYU2.96 REF
50UYU14.81 REF
100UYU29.61 REF
500UYU148.06 REF
1000UYU296.12 REF
REF to UYU Today vs. 24 hours ago
| Amount | 09:19 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 REF | $1.69 | $1.71 | -1.37% |
| 1 REF | $3.38 | $3.42 | -1.37% |
| 5 REF | $16.89 | $17.12 | -1.37% |
| 10 REF | $33.77 | $34.24 | -1.37% |
| 50 REF | $168.85 | $171.22 | -1.37% |
| 100 REF | $337.71 | $342.43 | -1.37% |
| 500 REF | $1,688.53 | $1,712.15 | -1.37% |
| 1000 REF | $3,377.05 | $3,424.3 | -1.37% |
REF to UYU Today vs. 1 month ago
| Amount | 09:19 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 REF | $1.69 | $2.62 | -35.34% |
| 1 REF | $3.38 | $5.24 | -35.34% |
| 5 REF | $16.89 | $26.19 | -35.34% |
| 10 REF | $33.77 | $52.38 | -35.34% |
| 50 REF | $168.85 | $261.89 | -35.34% |
| 100 REF | $337.71 | $523.78 | -35.34% |
| 500 REF | $1,688.53 | $2,618.92 | -35.34% |
| 1000 REF | $3,377.05 | $5,237.84 | -35.34% |
REF to UYU Today vs. 1 year ago
| Amount | 09:19 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 REF | $1.69 | $8.67 | -80.39% |
| 1 REF | $3.38 | $17.34 | -80.39% |
| 5 REF | $16.89 | $86.68 | -80.39% |
| 10 REF | $33.77 | $173.36 | -80.39% |
| 50 REF | $168.85 | $866.79 | -80.39% |
| 100 REF | $337.71 | $1,733.58 | -80.39% |
| 500 REF | $1,688.53 | $8,667.92 | -80.39% |
| 1000 REF | $3,377.05 | $17,335.85 | -80.39% |
How to convert REF to UYU
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.
Convert REF to UYU
Use a variety of payment options to buy Ref Finance on Bitget. We'll show you how.
Buy REF (or USDT) for UYU (Uruguayan Peso) offers
Bitget P2P trading does not currently support direct buying of REF with UYU. However, you can buy USDT in Bitget P2P trading first, and then buy REF 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 REF (or USDT) for UYU (Uruguayan Peso) offers
Bitget P2P trading currently does not support direct selling of REF to UYU. However, you can first exchange REF 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 REF to UYU?
There are many factors that affect the relationship between Ref Finance and Uruguayan Peso, 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 REF/UYU. When there is positive news in the market about the widespread adoption of REF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of REF/UYU. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in REF/UYU.
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 REF/UYU. 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 Ref Finance and adjust their investment strategies accordingly in the evolving market.
Ref Finance price prediction
What will the price of REF be in 2026?
Based on REF's historical price performance prediction model, the price of REF is projected to reach $0.1133 in 2026.
What will the price of REF be in 2031?
In 2031, the REF price is expected to change by +1.00%. By the end of 2031, the REF price is projected to reach $0.1611, with a cumulative ROI of +93.94%.
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Popular Ref Finance Converter
Check out these popular currency conversions of Ref Finance to several fiat currencies.
REF to TWD
1 REF to NT$ 2.65 TWD
REF to UYU
1 REF to $ 3.38 UYU
REF to CNY
1 REF to ¥ 0.5824 CNY
REF to USD
1 REF to $ 0.08005 USD
REF to EUR
1 REF to € 0.07415 EUR
REF to CAD
1 REF to $ 0.1145 CAD
REF to KRW
1 REF to ₩ 117.19 KRW
REF to JPY
1 REF to ¥ 11.97 JPY
REF to GBP
1 REF to £ 0.06199 GBP
REF to BRL
1 REF to R$ 0.4561 BRL
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Explore other cryptocurrencies based on your interest in Ref Finance.
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1 MASK to $ 58.3 UYU
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1 ACT to $ 2.98 UYU
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1 TROY to $ 0.03670 UYU
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1 DF to $ 2.16 UYU
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1 COMP to $ 1,841.34 UYU
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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 Ref Finance and UYU.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Ref Finance and UYU. 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 Ref Finance in UYU, 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.
