CBK
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 Cobak Token(CBK) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 CBK at a value of 1 CBK for 2,521.62 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 Cobak Token currency pair is the CBK to UGX, with for Cobak Token's currency code being CBK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
CBK to UGX conversion rate trend
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In the past 1D, Cobak Token has changed +5.13% to UGX. Based on the trend and price charts, Cobak Token(CBK) has changed +5.13% to UGX while Ugandan Shilling(UGX) has changed % to CBK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh2,524.74 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | Sh2,530.95 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh2,533.51 | 0.1000% / 0.1000% | Yes |
Bybit | Sh2,525.47 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 08:00:18(UTC+0)
How to buy Cobak Token
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Buy Cobak Token (CBK)
Use a variety of payment options to buy Cobak Token on Bitget. We'll show you how.
Learn MoreBuy CBK (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of CBK with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy CBK 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 CBK (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of CBK to UGX. However, you can first exchange CBK 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 Cobak Token to Ugandan Shilling?
Cobak Token to Ugandan Shilling is falling this week.Cobak Token's current market price is Sh 2,521.62 per CBK, with a total market cap of Sh 225,539,033,166.51 UGX based on a circulating supply of 89,441,990 CBK. The trading volume of Cobak Token has changed by +48.70% (Sh 6,002,439,321.68 UGX) in the last 24 hours. Last trading day, CBK's trading volume was Sh 12,324,097,414.59.
Market cap
$61.75M
24h volume
$5.02M
Circulating supply
89.44M CBK
Conversion tables
The exchange rate of Cobak Token is decreasing.1 CBK is currently valued at Sh 2,521.62 UGX , which means buying 5 CBK will cost Sh 12,608.12 UGX . Similarly, Sh1 UGX can be traded for 0.0003966 CBK, and Sh50 UGX can be converted to 0.01983 CBK, excluding any platform or gas fees.
The exchange rate of 1 CBK to Ugandan Shilling has changed by -12.33% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.13%, reaching a high of 2,685.82 UGX and a low of 2,398.45 UGX . One month ago, the value of 1 CBK was Sh 2,875.99 UGX , which represents a -12.33% change from its current value. Over the last year, Cobak Token has changed by , resulting in a change of -24.82% in its value.
-Sh
832.07UGXCBK to UGX
Amount
08:32 am today
0.5 CBK
Sh1,260.81
1 CBK
Sh2,521.62
5 CBK
Sh12,608.12
10 CBK
Sh25,216.23
50 CBK
Sh126,081.17
100 CBK
Sh252,162.35
500 CBK
Sh1,260,811.74
1000 CBK
Sh2,521,623.48
UGX to CBK
Amount08:32 am today
0.5UGX0.0001983 CBK
1UGX0.0003966 CBK
5UGX0.001983 CBK
10UGX0.003966 CBK
50UGX0.01983 CBK
100UGX0.03966 CBK
500UGX0.1983 CBK
1000UGX0.3966 CBK
Today vs. 24 hours ago
| Amount | 08:32 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CBK | $0.3452 | $0.3283 | +5.13% |
| 1 CBK | $0.6903 | $0.6567 | +5.13% |
| 5 CBK | $3.45 | $3.28 | +5.13% |
| 10 CBK | $6.9 | $6.57 | +5.13% |
| 50 CBK | $34.52 | $32.83 | +5.13% |
| 100 CBK | $69.03 | $65.67 | +5.13% |
| 500 CBK | $345.17 | $328.34 | +5.13% |
| 1000 CBK | $690.35 | $656.69 | +5.13% |
Today vs. 1 month ago
| Amount | 08:32 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CBK | $0.3452 | $0.3937 | -12.33% |
| 1 CBK | $0.6903 | $0.7874 | -12.33% |
| 5 CBK | $3.45 | $3.94 | -12.33% |
| 10 CBK | $6.9 | $7.87 | -12.33% |
| 50 CBK | $34.52 | $39.37 | -12.33% |
| 100 CBK | $69.03 | $78.74 | -12.33% |
| 500 CBK | $345.17 | $393.68 | -12.33% |
| 1000 CBK | $690.35 | $787.36 | -12.33% |
Today vs. 1 year ago
| Amount | 08:32 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CBK | $0.3452 | $0.4591 | -24.82% |
| 1 CBK | $0.6903 | $0.9181 | -24.82% |
| 5 CBK | $3.45 | $4.59 | -24.82% |
| 10 CBK | $6.9 | $9.18 | -24.82% |
| 50 CBK | $34.52 | $45.91 | -24.82% |
| 100 CBK | $69.03 | $91.81 | -24.82% |
| 500 CBK | $345.17 | $459.07 | -24.82% |
| 1000 CBK | $690.35 | $918.14 | -24.82% |
Cobak Token price prediction
What will the price of CBK be in 2025?
Based on CBK's historical price performance prediction model, the price of CBK is projected to reach $0.8955 in 2025.
What will the price of CBK be in 2030?
In 2030, the CBK price is expected to change by -10.00%. By the end of 2030, the CBK price is projected to reach $1.75, with a cumulative ROI of +163.56%.
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Popular Cobak Token conversions
Check out these popular currency conversions of Cobak Token to several fiat currencies.
Cobak Token to USD
1 CBK to $ 0.6903 USD
Cobak Token to GBP
1 CBK to £ 0.5494 GBP
Cobak Token to EUR
1 CBK to € 0.6616 EUR
Cobak Token to KRW
1 CBK to ₩ 1,002.68 KRW
Cobak Token to CAD
1 CBK to $ 0.9924 CAD
Cobak Token to AUD
1 CBK to $ 1.1 AUD
Cobak Token to JPY
1 CBK to ¥ 108.23 JPY
Cobak Token to BRL
1 CBK to R$ 4.2 BRL
Cobak Token to CNY
1 CBK to ¥ 5.04 CNY
Cobak Token to TWD
1 CBK to NT$ 22.58 TWD
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1 XVG to Sh 45.77 UGX
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1 QKC to Sh 46.18 UGX
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1 MBL to Sh 13.03 UGX
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1 LPT to Sh 55,182.29 UGX
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1 POWR to Sh 889.48 UGX
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1 BTT to Sh 0.004188 UGX
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Algorand to UGX
1 ALGO to Sh 1,312.63 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 Cobak Token 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 Cobak Token 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 Cobak Token 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.
