EKTA
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 Ekta(EKTA) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 EKTA at a value of 1 EKTA for 3.65 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 Ekta currency pair is the EKTA to UGX, with for Ekta's currency code being EKTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
EKTA to UGX conversion rate trend
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In the past 1D, Ekta has changed -4.39% to UGX. Based on the trend and price charts, Ekta(EKTA) has changed -4.39% to UGX while Ugandan Shilling(UGX) has changed % to EKTA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh3.63 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:31:42(UTC+0)
How to buy Ekta
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Buy Ekta (EKTA)
Use a variety of payment options to buy Ekta on Bitget. We'll show you how.
Buy EKTA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of EKTA with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy EKTA with USDT via Bitget spot market.
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Sell EKTA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of EKTA to UGX. However, you can first exchange EKTA 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 Ekta to Ugandan Shilling?
Ekta to Ugandan Shilling is falling this week.Ekta's current market price is Sh 3.65 per EKTA, with a total market cap of Sh 126,938,623.78 UGX based on a circulating supply of 34,769,776 EKTA. The trading volume of Ekta has changed by -18.58% (Sh -848,320.62 UGX) in the last 24 hours. Last trading day, EKTA's trading volume was Sh 4,566,387.4.
Market cap
$34.75K
24h volume
$1.02K
Circulating supply
34.77M EKTA
Conversion tables
The exchange rate of Ekta is decreasing.1 EKTA is currently valued at Sh 3.65 UGX , which means buying 5 EKTA will cost Sh 18.25 UGX . Similarly, Sh1 UGX can be traded for 0.2739 EKTA, and Sh50 UGX can be converted to 13.7 EKTA, excluding any platform or gas fees.
The exchange rate of 1 EKTA to Ugandan Shilling has changed by -9.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.39%, reaching a high of 3.98 UGX and a low of 3.6 UGX . One month ago, the value of 1 EKTA was Sh 3.76 UGX , which represents a -2.90% change from its current value. Over the last year, Ekta has changed by , resulting in a change of -26.35% in its value.
-Sh
1.31UGXEKTA to UGX
Amount
10:03 am today
0.5 EKTA
Sh1.83
1 EKTA
Sh3.65
5 EKTA
Sh18.25
10 EKTA
Sh36.51
50 EKTA
Sh182.54
100 EKTA
Sh365.08
500 EKTA
Sh1,825.42
1000 EKTA
Sh3,650.83
UGX to EKTA
Amount10:03 am today
0.5UGX0.1370 EKTA
1UGX0.2739 EKTA
5UGX1.37 EKTA
10UGX2.74 EKTA
50UGX13.7 EKTA
100UGX27.39 EKTA
500UGX136.96 EKTA
1000UGX273.91 EKTA
Today vs. 24 hours ago
| Amount | 10:03 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 EKTA | $0.0004997 | $0.0005227 | -4.39% |
| 1 EKTA | $0.0009995 | $0.001045 | -4.39% |
| 5 EKTA | $0.004997 | $0.005227 | -4.39% |
| 10 EKTA | $0.009995 | $0.01045 | -4.39% |
| 50 EKTA | $0.04997 | $0.05227 | -4.39% |
| 100 EKTA | $0.09995 | $0.1045 | -4.39% |
| 500 EKTA | $0.4997 | $0.5227 | -4.39% |
| 1000 EKTA | $0.9995 | $1.05 | -4.39% |
Today vs. 1 month ago
| Amount | 10:03 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 EKTA | $0.0004997 | $0.0005147 | -2.90% |
| 1 EKTA | $0.0009995 | $0.001029 | -2.90% |
| 5 EKTA | $0.004997 | $0.005147 | -2.90% |
| 10 EKTA | $0.009995 | $0.01029 | -2.90% |
| 50 EKTA | $0.04997 | $0.05147 | -2.90% |
| 100 EKTA | $0.09995 | $0.1029 | -2.90% |
| 500 EKTA | $0.4997 | $0.5147 | -2.90% |
| 1000 EKTA | $0.9995 | $1.03 | -2.90% |
Today vs. 1 year ago
| Amount | 10:03 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 EKTA | $0.0004997 | $0.0006786 | -26.35% |
| 1 EKTA | $0.0009995 | $0.001357 | -26.35% |
| 5 EKTA | $0.004997 | $0.006786 | -26.35% |
| 10 EKTA | $0.009995 | $0.01357 | -26.35% |
| 50 EKTA | $0.04997 | $0.06786 | -26.35% |
| 100 EKTA | $0.09995 | $0.1357 | -26.35% |
| 500 EKTA | $0.4997 | $0.6786 | -26.35% |
| 1000 EKTA | $0.9995 | $1.36 | -26.35% |
Ekta price prediction
What will the price of EKTA be in 2025?
Based on EKTA's historical price performance prediction model, the price of EKTA is projected to reach $0.001324 in 2025.
What will the price of EKTA be in 2030?
In 2030, the EKTA price is expected to change by -1.00%. By the end of 2030, the EKTA price is projected to reach $0.001615, with a cumulative ROI of +55.06%.
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Popular Ekta conversions
Check out these popular currency conversions of Ekta to several fiat currencies.
Ekta to USD
1 EKTA to $ 0.0009995 USD
Ekta to GBP
1 EKTA to £ 0.0007954 GBP
Ekta to EUR
1 EKTA to € 0.0009578 EUR
Ekta to KRW
1 EKTA to ₩ 1.45 KRW
Ekta to CAD
1 EKTA to $ 0.001437 CAD
Ekta to AUD
1 EKTA to $ 0.001599 AUD
Ekta to JPY
1 EKTA to ¥ 0.1567 JPY
Ekta to BRL
1 EKTA to R$ 0.006077 BRL
Ekta to CNY
1 EKTA to ¥ 0.007299 CNY
Ekta to TWD
1 EKTA to NT$ 0.03270 TWD
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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 Ekta 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 Ekta 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 Ekta 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.
