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WELA to UGX Converter and calculator

WELA/UGX: 1 WELA = 4,936.56 UGX. The price of converting 1 Wrapped Elastos (WELA) to Ugandan shilling (UGX) is 4,936.56 UGX today.
WELA
WELA
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides WELA to UGX real-time exchange rates, making it easy to convert Wrapped Elastos (WELA) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 WELA is currently valued at 4936.56 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WELA is currently valued at 4936.56 UGX, which means buying 5 WELA would cost 24682.81 UGX. Similarly, Sh1 UGX can be converted to 0.0002026 WELA, and Sh50 UGX can be converted to 0.001013 WELA, excluding any platform or gas fees.

Convert WELA to UGX

Convert UGX to WELA

Wrapped Elastos
Ugandan shilling
5 WELA
24,682.81  UGX
10 WELA
49,365.62  UGX
20 WELA
98,731.24  UGX
50 WELA
246,828.09  UGX
100 WELA
493,656.19  UGX
200 WELA
987,312.38  UGX
500 WELA
2,468,280.95  UGX
1000 WELA
4,936,561.9  UGX
5000 WELA
24,682,809.49  UGX
10000 WELA
49,365,618.98  UGX
In the table above, you'll find a comprehensive WELA to UGX converter that shows the value of Wrapped Elastos in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 WELA to UGX, all the way up to 10000 WELA, providing a clear view of their respective values.
Ugandan shilling
Wrapped Elastos
In the table above, you'll find a comprehensive UGX to WELA converter that shows the value of Ugandan shilling in Wrapped Elastos across commonly used conversion amounts. The list covers conversions from 1 UGX to WELA, all the way up to 100000 UGX, providing a clear view of their respective values.

WELA to UGX chart

WELA/UGX: 1 WELA = 4,936.56 UGX; 2025/04/28 01:00:51
In the past 1D, Wrapped Elastos has changed -0.70% to UGX. Based on the trend and price charts, Wrapped Elastos(WELA) has changed -0.70% to UGX while Ugandan shilling(UGX) has changed % to WELA in the last 24 hours.
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WELA to UGX conversion data: Volatility and price changes of Wrapped Elastos in UGX

The highest Wrapped Elastos price in UGX over the past 7 days was 9,501.73 UGX while the lowest Wrapped Elastos price in UGX over the past 7 days was 8,854.96 UGX. The relative change between the highs and lows in Wrapped Elastos price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and WELA 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
8,951.05 UGX
9,501.73 UGX
11,365.52 UGX
22,219.59 UGX
Low
8,854.96 UGX
8,854.96 UGX
8,854.96 UGX
8,854.96 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-0.70%
-7.17%
-21.85%
-29.73%

Wrapped Elastos information

WELA to UGX market statistics

WELA/UGX:
Sh4,936.56
WELA 24h volume:
Sh987,686.41
WELA market cap:
Sh1,933,423,071.24
WELA circulating supply:
391.65K WELA

Current WELA to UGX exchange rate

Wrapped Elastos to Ugandan shilling is falling this week.
Wrapped Elastos's current market price is Sh4,936.56 per WELA, with a total market cap of Sh1,933,423,071.24 UGX based on a circulating supply of 391,653.78 WELA. The trading volume of Wrapped Elastos has changed by 0.00% (Sh0 UGX) in the last 24 hours. Last trading day, WELA's trading volume was Sh987,686.41.

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

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How to convert WELA to UGX

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WELA to UGX Conversion tables

The exchange rate of Wrapped Elastos is decreasing.
The exchange rate of 1 WELA to Ugandan shilling has changed by -7.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.70%, reaching a high of 8,951.05 UGX and a low of 8,854.96 UGX . One month ago, the value of 1 WELA was Sh7,412.6 UGX , which represents a -21.85% change from its current value. Over the last year, Wrapped Elastos has changed by
+Sh
3,227.89UGX
, resulting in a change of +57.36% in its value.
24 hours ago1 month ago1 year ago
Amount01:00 am today24 hours ago24h change
0.5 WELASh2,468.28Sh2,499.33
-0.70%
1 WELASh4,936.56Sh4,998.67
-0.70%
5 WELASh24,682.81Sh24,993.34
-0.70%
10 WELASh49,365.62Sh49,986.68
-0.70%
50 WELASh246,828.09Sh249,933.38
-0.70%
100 WELASh493,656.19Sh499,866.76
-0.70%
500 WELASh2,468,280.95Sh2,499,333.8
-0.70%
1000 WELASh4,936,561.9Sh4,998,667.6
-0.70%

WELA to UGX FAQ

How much is 1 Wrapped Elastos in UGX?
Right now, the price of 1 Wrapped Elastos (WELA) in Ugandan shilling (UGX) is Sh4,936.56.
How much WELA can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.0002026 WELA for 1 UGX.
How do I calculate or convert WELA to UGX?
You can use our WELA to UGX calculator at the top of this page to convert any amount of WELA to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.001013 WELA, while 5 WELA will cost around 24,682.81UGX.
What is the highest price of WELA/UGX in history?
The all-time high price of 1 WELA in UGX is Sh25,176.12. It remains to be seen if the value of 1 WELA/UGX will exceed the current all-time high.
What is the price trend of Wrapped Elastos in UGX?
Over the past 7 days, the exchange rate of Wrapped Elastos (WELA) has gone down by 7.17%.   Over the last month, the exchange rate of Wrapped Elastos (WELA) has gone down by 21.85% against Ugandan shilling (UGX).

What factors influence the conversion rate of WELA to UGX?

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