DAD
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 DAD(DAD) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 DAD at a value of 1 DAD for 10.85 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 DAD currency pair is the DAD to UGX, with for DAD's currency code being DAD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
DAD to UGX conversion rate trend
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In the past 1D, DAD has changed -45.56% to UGX. Based on the trend and price charts, DAD(DAD) has changed -45.56% to UGX while Ugandan Shilling(UGX) has changed % to DAD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh17.64 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:30:57(UTC+0)
How to buy DAD
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy DAD (DAD)
Use a variety of payment options to buy DAD on Bitget. We'll show you how.
Buy DAD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of DAD with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy DAD with USDT via Bitget spot market.
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Sell DAD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of DAD to UGX. However, you can first exchange DAD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of DAD to Ugandan Shilling?
DAD to Ugandan Shilling is rising this week.DAD's current market price is Sh 10.85 per DAD, with a total market cap of Sh 7,746,587,366.84 UGX based on a circulating supply of 714,166,600 DAD. The trading volume of DAD has changed by -42.85% (Sh -66,492,654.12 UGX) in the last 24 hours. Last trading day, DAD's trading volume was Sh 155,170,681.21.
Market cap
$2.12M
24h volume
$24.28K
Circulating supply
714.17M DAD
Conversion tables
The exchange rate of DAD is increasing.1 DAD is currently valued at Sh 10.85 UGX , which means buying 5 DAD will cost Sh 54.24 UGX . Similarly, Sh1 UGX can be traded for 0.09219 DAD, and Sh50 UGX can be converted to 4.61 DAD, excluding any platform or gas fees.
The exchange rate of 1 DAD to Ugandan Shilling has changed by +0.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by -45.56%, reaching a high of 23.75 UGX and a low of 10.54 UGX . One month ago, the value of 1 DAD was Sh 10.63 UGX , which represents a +2.04% change from its current value. Over the last year, DAD has changed by , resulting in a change of -70.83% in its value.
-Sh
26.33UGXDAD to UGX
Amount
08:22 am today
0.5 DAD
Sh5.42
1 DAD
Sh10.85
5 DAD
Sh54.24
10 DAD
Sh108.47
50 DAD
Sh542.35
100 DAD
Sh1,084.7
500 DAD
Sh5,423.52
1000 DAD
Sh10,847.03
UGX to DAD
Amount08:22 am today
0.5UGX0.04610 DAD
1UGX0.09219 DAD
5UGX0.4610 DAD
10UGX0.9219 DAD
50UGX4.61 DAD
100UGX9.22 DAD
500UGX46.1 DAD
1000UGX92.19 DAD
Today vs. 24 hours ago
| Amount | 08:22 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DAD | $0.001485 | $0.002727 | -45.56% |
| 1 DAD | $0.002970 | $0.005454 | -45.56% |
| 5 DAD | $0.01485 | $0.02727 | -45.56% |
| 10 DAD | $0.02970 | $0.05454 | -45.56% |
| 50 DAD | $0.1485 | $0.2727 | -45.56% |
| 100 DAD | $0.2970 | $0.5454 | -45.56% |
| 500 DAD | $1.48 | $2.73 | -45.56% |
| 1000 DAD | $2.97 | $5.45 | -45.56% |
Today vs. 1 month ago
| Amount | 08:22 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DAD | $0.001485 | $0.001455 | +2.04% |
| 1 DAD | $0.002970 | $0.002910 | +2.04% |
| 5 DAD | $0.01485 | $0.01455 | +2.04% |
| 10 DAD | $0.02970 | $0.02910 | +2.04% |
| 50 DAD | $0.1485 | $0.1455 | +2.04% |
| 100 DAD | $0.2970 | $0.2910 | +2.04% |
| 500 DAD | $1.48 | $1.46 | +2.04% |
| 1000 DAD | $2.97 | $2.91 | +2.04% |
Today vs. 1 year ago
| Amount | 08:22 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DAD | $0.001485 | $0.005089 | -70.83% |
| 1 DAD | $0.002970 | $0.01018 | -70.83% |
| 5 DAD | $0.01485 | $0.05089 | -70.83% |
| 10 DAD | $0.02970 | $0.1018 | -70.83% |
| 50 DAD | $0.1485 | $0.5089 | -70.83% |
| 100 DAD | $0.2970 | $1.02 | -70.83% |
| 500 DAD | $1.48 | $5.09 | -70.83% |
| 1000 DAD | $2.97 | $10.18 | -70.83% |
DAD price prediction
What will the price of DAD be in 2025?
Based on DAD's historical price performance prediction model, the price of DAD is projected to reach $0.006449 in 2025.
What will the price of DAD be in 2030?
In 2030, the DAD price is expected to change by -17.00%. By the end of 2030, the DAD price is projected to reach $0.007240, with a cumulative ROI of +23.99%.
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Popular DAD conversions
Check out these popular currency conversions of DAD to several fiat currencies.
DAD to USD
1 DAD to $ 0.002970 USD
DAD to GBP
1 DAD to £ 0.002363 GBP
DAD to EUR
1 DAD to € 0.002846 EUR
DAD to KRW
1 DAD to ₩ 4.31 KRW
DAD to CAD
1 DAD to $ 0.004269 CAD
DAD to AUD
1 DAD to $ 0.004751 AUD
DAD to JPY
1 DAD to ¥ 0.4655 JPY
DAD to BRL
1 DAD to R$ 0.01806 BRL
DAD to CNY
1 DAD to ¥ 0.02169 CNY
DAD to TWD
1 DAD to NT$ 0.09714 TWD
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1 ALGO to Sh 1,304.54 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 DAD 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 DAD 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 DAD 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.
