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PSP to UGX Converter and calculator

PSP/UGX: 1 PSP = 68.33 UGX. The price of converting 1 ParaSwap (PSP) to Ugandan shilling (UGX) is 68.33 UGX today.
PSP
PSP
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PSP to UGX real-time exchange rates, making it easy to convert ParaSwap (PSP) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 PSP is currently valued at 68.33 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PSP is currently valued at 68.33 UGX, which means buying 5 PSP would cost 341.63 UGX. Similarly, Sh1 UGX can be converted to 0.01464 PSP, and Sh50 UGX can be converted to 0.07318 PSP, excluding any platform or gas fees.

Convert PSP to UGX

Convert UGX to PSP

ParaSwap
Ugandan shilling
100 PSP
6,832.64  UGX
200 PSP
13,665.28  UGX
500 PSP
34,163.2  UGX
1000 PSP
68,326.41  UGX
5000 PSP
341,632.03  UGX
10000 PSP
683,264.06  UGX
In the table above, you'll find a comprehensive PSP to UGX converter that shows the value of ParaSwap in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 PSP to UGX, all the way up to 10000 PSP, providing a clear view of their respective values.
Ugandan shilling
ParaSwap
100000 UGX
1,463.56 PSP
In the table above, you'll find a comprehensive UGX to PSP converter that shows the value of Ugandan shilling in ParaSwap across commonly used conversion amounts. The list covers conversions from 1 UGX to PSP, all the way up to 100000 UGX, providing a clear view of their respective values.

PSP to UGX chart

PSP/UGX: 1 PSP = 68.33 UGX; 2025/06/21 13:00:35
In the past 1D, ParaSwap has changed -3.28% to UGX. Based on the trend and price charts, ParaSwap(PSP) has changed -3.28% to UGX while Ugandan shilling(UGX) has changed % to PSP in the last 24 hours.
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PSP to UGX conversion data: Volatility and price changes of ParaSwap in UGX

The highest ParaSwap price in UGX over the past 7 days was 73.33 UGX while the lowest ParaSwap price in UGX over the past 7 days was 67.14 UGX. The relative change between the highs and lows in ParaSwap price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and PSP to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
70.67 UGX
73.33 UGX
75.85 UGX
76.21 UGX
Low
67.14 UGX
67.14 UGX
65.17 UGX
48.62 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-3.28%
-2.10%
-6.04%
-1.59%

ParaSwap information

PSP to UGX market statistics

PSP/UGX:
Sh68.33
PSP 24h volume:
Sh487,842,496.02
PSP market cap:
Sh50,901,591,769.59
PSP circulating supply:
744.98M PSP

Current PSP to UGX exchange rate

ParaSwap to Ugandan shilling is falling this week.
ParaSwap's current market price is Sh68.33 per PSP, with a total market cap of Sh50,901,591,769.59 UGX based on a circulating supply of 744,976,900 PSP. The trading volume of ParaSwap has changed by -9.07% (Sh-48,676,784.79 UGX) in the last 24 hours. Last trading day, PSP's trading volume was Sh536,519,280.81.

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

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How to convert PSP to UGX

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PSP to UGX Conversion tables

The exchange rate of ParaSwap is decreasing.
The exchange rate of 1 PSP to Ugandan shilling has changed by -2.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.28%, reaching a high of 70.67 UGX and a low of 67.14 UGX . One month ago, the value of 1 PSP was Sh72.72 UGX , which represents a -6.04% change from its current value. Over the last year, ParaSwap has changed by
-Sh
4.63UGX
, resulting in a change of -6.35% in its value.
24 hours ago1 month ago1 year ago
Amount 13:00 today 24 hours ago 24h change
0.5 PSP
Sh34.16Sh35.32
-3.28%
1 PSP
Sh68.33Sh70.64
-3.28%
5 PSP
Sh341.63Sh353.21
-3.28%
10 PSP
Sh683.26Sh706.43
-3.28%
50 PSP
Sh3,416.32Sh3,532.15
-3.28%
100 PSP
Sh6,832.64Sh7,064.3
-3.28%
500 PSP
Sh34,163.2Sh35,321.48
-3.28%
1000 PSP
Sh68,326.41Sh70,642.97
-3.28%

PSP to UGX FAQ

How much is 1 ParaSwap in UGX?
Right now, the price of 1 ParaSwap (PSP) in Ugandan shilling (UGX) is Sh68.33.
How much PSP can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.01464 PSP for 1 UGX.
How do I calculate or convert PSP to UGX?
You can use our PSP to UGX calculator at the top of this page to convert any amount of PSP to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.07318 PSP, while 5 PSP will cost around 341.63UGX.
What is the highest price of PSP/UGX in history?
The all-time high price of 1 PSP in UGX is Sh27,420.86. It remains to be seen if the value of 1 PSP/UGX will exceed the current all-time high.
What is the price trend of ParaSwap in UGX?
Over the past 7 days, the exchange rate of ParaSwap (PSP) has gone down by 2.10%.   Over the last month, the exchange rate of ParaSwap (PSP) has gone down by 6.04% against Ugandan shilling (UGX).

What factors influence the conversion rate of PSP to UGX?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular ParaSwap currency pairs: PSP to US Dollar (USD), PSP to Euro (EUR), PSP to Pound Sterling (GBP), PSP to Canadian Dollar (CAD), PSP to Indian Rupee (INR), PSP to Pakistani Rupee (PKR), PSP to Brazilian Real (BRL), PSP to…
The price of ParaSwap in the US is $0.01894 USD. Additionally, ParaSwap’s price is €0.01644 EUR in the eurozone, £0.01408 GBP in the UK, C$0.02601 CAD in Canada, ₹1.64 INR in India, ₨5.38 PKR in Pakistan, R$0.1044 BRL in Brazil, and more.
The most popular ParaSwap currency pair is the PSP to Ugandan shilling(UGX). The price of 1 ParaSwap (PSP) in Ugandan shilling (UGX) is Sh68.33.

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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.