DEFIT
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 DEFIT(DEFIT) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 DEFIT at a value of 1 DEFIT for 277.50 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 DEFIT currency pair is the DEFIT to UGX, with for DEFIT's currency code being DEFIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
DEFIT to UGX conversion rate trend
1D7D1M3M1YAll
In the past 1D, DEFIT has changed +0.81% to UGX. Based on the trend and price charts, DEFIT(DEFIT) has changed +0.81% to UGX while Ugandan Shilling(UGX) has changed % to DEFIT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh277.5 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:31:01(UTC+0)
How to buy DEFIT
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 DEFIT (DEFIT)
Use a variety of payment options to buy DEFIT on Bitget. We'll show you how.
Buy DEFIT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of DEFIT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy DEFIT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell DEFIT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of DEFIT to UGX. However, you can first exchange DEFIT 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 |
|---|
No matching ads found.
What factors influence the conversion rate of DEFIT to Ugandan Shilling?
DEFIT to Ugandan Shilling is falling this week.DEFIT's current market price is Sh 277.5 per DEFIT, with a total market cap of Sh 8,259,690,805.33 UGX based on a circulating supply of 29,764,368 DEFIT. The trading volume of DEFIT has changed by -29.55% (Sh -7,281,529.70 UGX) in the last 24 hours. Last trading day, DEFIT's trading volume was Sh 24,645,389.79.
Market cap
$2.26M
24h volume
$4.75K
Circulating supply
29.76M DEFIT
Conversion tables
The exchange rate of DEFIT is decreasing.1 DEFIT is currently valued at Sh 277.5 UGX , which means buying 5 DEFIT will cost Sh 1,387.51 UGX . Similarly, Sh1 UGX can be traded for 0.003604 DEFIT, and Sh50 UGX can be converted to 0.1802 DEFIT, excluding any platform or gas fees.
The exchange rate of 1 DEFIT to Ugandan Shilling has changed by -18.18% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.81%, reaching a high of 284.4 UGX and a low of 275.29 UGX . One month ago, the value of 1 DEFIT was Sh 484.14 UGX , which represents a -42.68% change from its current value. Over the last year, DEFIT has changed by , resulting in a change of -33.60% in its value.
-Sh
140.4UGXDEFIT to UGX
Amount
09:05 am today
0.5 DEFIT
Sh138.75
1 DEFIT
Sh277.5
5 DEFIT
Sh1,387.51
10 DEFIT
Sh2,775.03
50 DEFIT
Sh13,875.13
100 DEFIT
Sh27,750.27
500 DEFIT
Sh138,751.33
1000 DEFIT
Sh277,502.66
UGX to DEFIT
Amount09:05 am today
0.5UGX0.001802 DEFIT
1UGX0.003604 DEFIT
5UGX0.01802 DEFIT
10UGX0.03604 DEFIT
50UGX0.1802 DEFIT
100UGX0.3604 DEFIT
500UGX1.8 DEFIT
1000UGX3.6 DEFIT
Today vs. 24 hours ago
| Amount | 09:05 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DEFIT | $0.03799 | $0.03768 | +0.81% |
| 1 DEFIT | $0.07597 | $0.07537 | +0.81% |
| 5 DEFIT | $0.3799 | $0.3768 | +0.81% |
| 10 DEFIT | $0.7597 | $0.7537 | +0.81% |
| 50 DEFIT | $3.8 | $3.77 | +0.81% |
| 100 DEFIT | $7.6 | $7.54 | +0.81% |
| 500 DEFIT | $37.99 | $37.68 | +0.81% |
| 1000 DEFIT | $75.97 | $75.37 | +0.81% |
Today vs. 1 month ago
| Amount | 09:05 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DEFIT | $0.03799 | $0.06627 | -42.68% |
| 1 DEFIT | $0.07597 | $0.1325 | -42.68% |
| 5 DEFIT | $0.3799 | $0.6627 | -42.68% |
| 10 DEFIT | $0.7597 | $1.33 | -42.68% |
| 50 DEFIT | $3.8 | $6.63 | -42.68% |
| 100 DEFIT | $7.6 | $13.25 | -42.68% |
| 500 DEFIT | $37.99 | $66.27 | -42.68% |
| 1000 DEFIT | $75.97 | $132.54 | -42.68% |
Today vs. 1 year ago
| Amount | 09:05 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DEFIT | $0.03799 | $0.05720 | -33.60% |
| 1 DEFIT | $0.07597 | $0.1144 | -33.60% |
| 5 DEFIT | $0.3799 | $0.5720 | -33.60% |
| 10 DEFIT | $0.7597 | $1.14 | -33.60% |
| 50 DEFIT | $3.8 | $5.72 | -33.60% |
| 100 DEFIT | $7.6 | $11.44 | -33.60% |
| 500 DEFIT | $37.99 | $57.2 | -33.60% |
| 1000 DEFIT | $75.97 | $114.41 | -33.60% |
DEFIT price prediction
What will the price of DEFIT be in 2025?
Based on DEFIT's historical price performance prediction model, the price of DEFIT is projected to reach $0.09598 in 2025.
What will the price of DEFIT be in 2030?
In 2030, the DEFIT price is expected to change by -19.00%. By the end of 2030, the DEFIT price is projected to reach $0.1891, with a cumulative ROI of +146.49%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular DEFIT conversions
Check out these popular currency conversions of DEFIT to several fiat currencies.
DEFIT to USD
1 DEFIT to $ 0.07597 USD
DEFIT to GBP
1 DEFIT to £ 0.06046 GBP
DEFIT to EUR
1 DEFIT to € 0.07280 EUR
DEFIT to KRW
1 DEFIT to ₩ 110.34 KRW
DEFIT to CAD
1 DEFIT to $ 0.1092 CAD
DEFIT to AUD
1 DEFIT to $ 0.1215 AUD
DEFIT to JPY
1 DEFIT to ¥ 11.91 JPY
DEFIT to BRL
1 DEFIT to R$ 0.4619 BRL
DEFIT to CNY
1 DEFIT to ¥ 0.5548 CNY
DEFIT to TWD
1 DEFIT to NT$ 2.49 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in DEFIT.
Bitcoin to UGX
1 BTC to Sh 348,680,061.05 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 2,524.99 UGX
Verge to UGX
1 XVG to Sh 46.34 UGX
Steem to UGX
1 STEEM to Sh 794.88 UGX
Hive to UGX
1 HIVE to Sh 1,187.14 UGX
QuarkChain to UGX
1 QKC to Sh 45.66 UGX
Aave to UGX
1 AAVE to Sh 1,224,043.1 UGX
MovieBloc to UGX
1 MBL to Sh 13.55 UGX
Algorand to UGX
1 ALGO to Sh 1,341.91 UGX
Livepeer to UGX
1 LPT to Sh 56,241.74 UGX
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 DEFIT 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 DEFIT 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 DEFIT 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.
