CEP
UGX
Last updated 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 CEREAL(CEP) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 CEP at a value of 1 CEP for 17.63 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.
Bitget crypto-to-fiat exchange data shows that the most popular CEREAL currency pair is the CEP to UGX, with for CEREAL's currency code being CEP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
CEP to UGX conversion rate trend
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In the past 1D, CEREAL has changed +2.25% to UGX. Based on the trend and price charts, CEREAL(CEP) has changed +2.25% to UGX while Ugandan Shilling(UGX) has changed % to CEP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh17.37 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:31:14(UTC+0)
How to buy CEREAL
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.
Buy CEREAL (CEP)
Use a variety of payment options to buy CEREAL on Bitget. We'll show you how.
Buy CEP (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of CEP with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy CEP 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 CEP (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of CEP to UGX. However, you can first exchange CEP 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 CEREAL to Ugandan Shilling?
CEREAL to Ugandan Shilling is falling this week.CEREAL's current market price is Sh 17.63 per CEP, with a total market cap of Sh 3,306,099,187.88 UGX based on a circulating supply of 187,500,000 CEP. The trading volume of CEREAL has changed by +441.78% (Sh 19,956,335.88 UGX) in the last 24 hours. Last trading day, CEP's trading volume was Sh 4,517,211.53.
Market cap
$905.11K
24h volume
$6.70K
Circulating supply
187.50M CEP
Conversion tables
The exchange rate of CEREAL is increasing.1 CEP is currently valued at Sh 17.63 UGX , which means buying 5 CEP will cost Sh 88.16 UGX . Similarly, Sh1 UGX can be traded for 0.05671 CEP, and Sh50 UGX can be converted to 2.84 CEP, excluding any platform or gas fees.
The exchange rate of 1 CEP to Ugandan Shilling has changed by -9.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.25%, reaching a high of 23.34 UGX and a low of 16.31 UGX . One month ago, the value of 1 CEP was Sh 13.99 UGX , which represents a +26.05% change from its current value. Over the last year, CEREAL has changed by , resulting in a change of -23.16% in its value.
-Sh
5.31UGXCEP to UGX
Amount
10:12 am today
0.5 CEP
Sh8.82
1 CEP
Sh17.63
5 CEP
Sh88.16
10 CEP
Sh176.33
50 CEP
Sh881.63
100 CEP
Sh1,763.25
500 CEP
Sh8,816.26
1000 CEP
Sh17,632.53
UGX to CEP
Amount10:12 am today
0.5UGX0.02836 CEP
1UGX0.05671 CEP
5UGX0.2836 CEP
10UGX0.5671 CEP
50UGX2.84 CEP
100UGX5.67 CEP
500UGX28.36 CEP
1000UGX56.71 CEP
Today vs. 24 hours ago
| Amount | 10:12 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CEP | $0.002414 | $0.002360 | +2.25% |
| 1 CEP | $0.004827 | $0.004721 | +2.25% |
| 5 CEP | $0.02414 | $0.02360 | +2.25% |
| 10 CEP | $0.04827 | $0.04721 | +2.25% |
| 50 CEP | $0.2414 | $0.2360 | +2.25% |
| 100 CEP | $0.4827 | $0.4721 | +2.25% |
| 500 CEP | $2.41 | $2.36 | +2.25% |
| 1000 CEP | $4.83 | $4.72 | +2.25% |
Today vs. 1 month ago
| Amount | 10:12 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CEP | $0.002414 | $0.001915 | +26.05% |
| 1 CEP | $0.004827 | $0.003830 | +26.05% |
| 5 CEP | $0.02414 | $0.01915 | +26.05% |
| 10 CEP | $0.04827 | $0.03830 | +26.05% |
| 50 CEP | $0.2414 | $0.1915 | +26.05% |
| 100 CEP | $0.4827 | $0.3830 | +26.05% |
| 500 CEP | $2.41 | $1.91 | +26.05% |
| 1000 CEP | $4.83 | $3.83 | +26.05% |
Today vs. 1 year ago
| Amount | 10:12 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CEP | $0.002414 | $0.003141 | -23.16% |
| 1 CEP | $0.004827 | $0.006282 | -23.16% |
| 5 CEP | $0.02414 | $0.03141 | -23.16% |
| 10 CEP | $0.04827 | $0.06282 | -23.16% |
| 50 CEP | $0.2414 | $0.3141 | -23.16% |
| 100 CEP | $0.4827 | $0.6282 | -23.16% |
| 500 CEP | $2.41 | $3.14 | -23.16% |
| 1000 CEP | $4.83 | $6.28 | -23.16% |
CEREAL price prediction
What will the price of CEP be in 2025?
Based on CEP's historical price performance prediction model, the price of CEP is projected to reach $0.007134 in 2025.
What will the price of CEP be in 2030?
In 2030, the CEP price is expected to change by -10.00%. By the end of 2030, the CEP price is projected to reach $0.01534, with a cumulative ROI of +208.95%.
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Popular CEREAL conversions
Check out these popular currency conversions of CEREAL to several fiat currencies.
CEREAL to USD
1 CEP to $ 0.004827 USD
CEREAL to GBP
1 CEP to £ 0.003842 GBP
CEREAL to EUR
1 CEP to € 0.004626 EUR
CEREAL to KRW
1 CEP to ₩ 7.01 KRW
CEREAL to CAD
1 CEP to $ 0.006939 CAD
CEREAL to AUD
1 CEP to $ 0.007723 AUD
CEREAL to JPY
1 CEP to ¥ 0.7568 JPY
CEREAL to BRL
1 CEP to R$ 0.02935 BRL
CEREAL to CNY
1 CEP to ¥ 0.03525 CNY
CEREAL to TWD
1 CEP to NT$ 0.1579 TWD
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1 XVG to Sh 45.32 UGX
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1 STEEM to Sh 816.27 UGX
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1 MBL to Sh 12.73 UGX
Algorand to UGX
1 ALGO to Sh 1,347.88 UGX
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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 CEREAL and UGX.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as CEREAL and UGX. 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 CEREAL in UGX, 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.
