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base info The Graph

The Graph to Ugandan Shilling Converter and calculator

Convert 1The Graph (GRT) to Ugandan Shilling (UGX) equals Sh 1,180.58 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of The Graph(GRT) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 GRT at a value of 1 GRT for 1,180.58 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.

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Bitget crypto-to-fiat exchange data shows that the most popular The Graph currency pair is the GRT to UGX, with for The Graph's currency code being GRT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

GRT to UGX conversion rate trend

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In the past 1D, The Graph has changed +2.71% to UGX. Based on the trend and price charts, The Graph(GRT) has changed +2.71% to UGX while Ugandan Shilling(UGX) has changed % to GRT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh1,179.89
0.0001% / 0.0004%vip-iconVIP
Binance
Sh1,177.84
0.1000% / 0.1000%
Yes
OKX
Sh1,177.84
0.080% / 0.100%
Yes
Huobi
Sh1,178.28
0.1000% / 0.1000%
Yes
Gate.io
Sh1,181.26
0.1000% / 0.1000%
Yes
Bybit
Sh1,180.92
0.1000% / 0.1000%
Yes
KuCoin
Sh1,178.26
0.1000% / 0.1000%
Yes
Bitfinex
Sh1,185.71
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 14:00:17(UTC+0)

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What factors influence the conversion rate of The Graph to Ugandan Shilling?

The Graph to Ugandan Shilling is rising this week.
The Graph's current market price is Sh 1,180.58 per GRT, with a total market cap of Sh 11,225,571,591,762.69 UGX based on a circulating supply of 9,508,538,000 GRT. The trading volume of The Graph has changed by +24.12% (Sh 73,078,063,132.72 UGX) in the last 24 hours. Last trading day, GRT's trading volume was Sh 302,933,086,545.14.
Market cap
$2.96B
24h volume
$99.00M
Circulating supply
9.51B GRT

Conversion tables

The exchange rate of The Graph is increasing.
1 GRT is currently valued at Sh 1,180.58 UGX , which means buying 5 GRT will cost Sh 5,902.89 UGX . Similarly, Sh1 UGX can be traded for 0.0008470 GRT, and Sh50 UGX can be converted to 0.04235 GRT, excluding any platform or gas fees.
The exchange rate of 1 GRT to Ugandan Shilling has changed by +10.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.71%, reaching a high of 1,193.61 UGX and a low of 1,128.54 UGX . One month ago, the value of 1 GRT was Sh 1,050.53 UGX , which represents a +12.38% change from its current value. Over the last year, The Graph has changed by
+Sh
726.41UGX
, resulting in a change of +159.94% in its value.

GRT to UGX

Amount
14:53 today
0.5 GRT
Sh590.29
1 GRT
Sh1,180.58
5 GRT
Sh5,902.89
10 GRT
Sh11,805.78
50 GRT
Sh59,028.9
100 GRT
Sh118,057.81
500 GRT
Sh590,289.05
1000 GRT
Sh1,180,578.09

UGX to GRT

Amount14:53 today
0.5UGX0.0004235  GRT
1UGX0.0008470  GRT
5UGX0.004235  GRT
10UGX0.008470  GRT
50UGX0.04235  GRT
100UGX0.08470  GRT
500UGX0.4235  GRT
1000UGX0.8470  GRT
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Today vs. 24 hours ago

Amount14:53 today24 hours ago24h change
0.5 GRT$0.1554$0.1513
+2.71%
1 GRT$0.3108$0.3026
+2.71%
5 GRT$1.55$1.51
+2.71%
10 GRT$3.11$3.03
+2.71%
50 GRT$15.54$15.13
+2.71%
100 GRT$31.08$30.26
+2.71%
500 GRT$155.41$151.32
+2.71%
1000 GRT$310.82$302.63
+2.71%

Today vs. 1 month ago

Amount14:53 today1 month ago1M change
0.5 GRT$0.1554$0.1383
+12.38%
1 GRT$0.3108$0.2766
+12.38%
5 GRT$1.55$1.38
+12.38%
10 GRT$3.11$2.77
+12.38%
50 GRT$15.54$13.83
+12.38%
100 GRT$31.08$27.66
+12.38%
500 GRT$155.41$138.29
+12.38%
1000 GRT$310.82$276.58
+12.38%
Buy The Graph for 1 UGX
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount14:53 today1 year ago1Y change
0.5 GRT$0.1554$0.05979
+159.94%
1 GRT$0.3108$0.1196
+159.94%
5 GRT$1.55$0.5979
+159.94%
10 GRT$3.11$1.2
+159.94%
50 GRT$15.54$5.98
+159.94%
100 GRT$31.08$11.96
+159.94%
500 GRT$155.41$59.79
+159.94%
1000 GRT$310.82$119.57
+159.94%

The Graph price prediction

What will the price of GRT be in 2025?

Based on GRT's historical price performance prediction model, the price of GRT is projected to reach $0.3314 in 2025.

What will the price of GRT be in 2030?

In 2030, the GRT price is expected to rise by -18.00%. By the end of 2030, the GRT price is projected to reach $0.4559, with a cumulative ROI of +46.68%.
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FAQ

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