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Frax Share to Ugandan Shilling Converter and calculator

Convert 1Frax Share (FXS) to Ugandan Shilling (UGX) equals Sh 10,499.78 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Frax Share(FXS) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 FXS at a value of 1 FXS for 10,499.78 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Frax Share currency pair is the FXS to UGX, with for Frax Share's currency code being FXS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

FXS to UGX conversion rate trend

1D7D1M3M1YAll
In the past 1D, Frax Share has changed +14.00% to UGX. Based on the trend and price charts, Frax Share(FXS) has changed +14.00% to UGX while Ugandan Shilling(UGX) has changed % to FXS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh9,305.75
0.0200% / 0.0320%vip-iconVIP 7
Binance
Sh9,287.48
0.1000% / 0.1000%
Yes
OKX
Sh9,280.18
0.080% / 0.100%
Yes
Huobi
Sh9,296.62
0.1000% / 0.1000%
Yes
Gate.io
Sh9,283.83
0.1000% / 0.1000%
Yes
Bybit
Sh9,318.54
0.1000% / 0.1000%
Yes
KuCoin
Sh9,338.63
0.1000% / 0.1000%
Yes
Last updated 2024/12/23 00:00:22(UTC+0)

How to buy Frax Share

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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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Frax Share (FXS)
Use a variety of payment options to buy Frax Share on Bitget. We'll show you how.

Buy FXS (or USDT) for UGX (Ugandan Shilling) offers

Bitget P2P trading does not currently support direct buying of FXS with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy FXS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell FXS (or USDT) for UGX (Ugandan Shilling) offers

Bitget P2P trading currently does not support direct selling of FXS to UGX. However, you can first exchange FXS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Frax Share to Ugandan Shilling?

Frax Share to Ugandan Shilling is falling this week.
Frax Share's current market price is Sh 10,499.78 per FXS, with a total market cap of Sh 902,351,924,115.79 UGX based on a circulating supply of 85,940,056 FXS. The trading volume of Frax Share has changed by +40.82% (Sh 36,859,932,363.65 UGX) in the last 24 hours. Last trading day, FXS's trading volume was Sh 90,306,007,990.97.
Market cap
$246.98M
24h volume
$34.81M
Circulating supply
85.94M FXS

Conversion tables

The exchange rate of Frax Share is increasing.
1 FXS is currently valued at Sh 10,499.78 UGX , which means buying 5 FXS will cost Sh 52,498.91 UGX . Similarly, Sh1 UGX can be traded for 0.{4}9524 FXS, and Sh50 UGX can be converted to 0.004762 FXS, excluding any platform or gas fees.
The exchange rate of 1 FXS to Ugandan Shilling has changed by -17.66% in the last 7 days. In the last 24 hours, the rate has fluctuated by +14.00%, reaching a high of 10,459.27 UGX and a low of 8,810.1 UGX . One month ago, the value of 1 FXS was Sh 9,237.93 UGX , which represents a +13.66% change from its current value. Over the last year, Frax Share has changed by
-Sh
21,870.99UGX
, resulting in a change of -67.56% in its value.

FXS to UGX

Amount
04:13 am today
0.5 FXS
Sh5,249.89
1 FXS
Sh10,499.78
5 FXS
Sh52,498.91
10 FXS
Sh104,997.82
50 FXS
Sh524,989.1
100 FXS
Sh1,049,978.21
500 FXS
Sh5,249,891.03
1000 FXS
Sh10,499,782.06

UGX to FXS

Amount04:13 am today
0.5UGX0.{4}4762  FXS
1UGX0.{4}9524  FXS
5UGX0.0004762  FXS
10UGX0.0009524  FXS
50UGX0.004762  FXS
100UGX0.009524  FXS
500UGX0.04762  FXS
1000UGX0.09524  FXS

Today vs. 24 hours ago

Amount04:13 am today24 hours ago24h change
0.5 FXS$1.44$1.26
+14.00%
1 FXS$2.87$2.52
+14.00%
5 FXS$14.37$12.6
+14.00%
10 FXS$28.74$25.21
+14.00%
50 FXS$143.69$126.04
+14.00%
100 FXS$287.38$252.08
+14.00%
500 FXS$1,436.9$1,260.4
+14.00%
1000 FXS$2,873.81$2,520.79
+14.00%

Today vs. 1 month ago

Amount04:13 am today1 month ago1M change
0.5 FXS$1.44$1.26
+13.66%
1 FXS$2.87$2.53
+13.66%
5 FXS$14.37$12.64
+13.66%
10 FXS$28.74$25.28
+13.66%
50 FXS$143.69$126.42
+13.66%
100 FXS$287.38$252.84
+13.66%
500 FXS$1,436.9$1,264.22
+13.66%
1000 FXS$2,873.81$2,528.44
+13.66%

Today vs. 1 year ago

Amount04:13 am today1 year ago1Y change
0.5 FXS$1.44$4.43
-67.56%
1 FXS$2.87$8.86
-67.56%
5 FXS$14.37$44.3
-67.56%
10 FXS$28.74$88.6
-67.56%
50 FXS$143.69$443
-67.56%
100 FXS$287.38$885.99
-67.56%
500 FXS$1,436.9$4,429.97
-67.56%
1000 FXS$2,873.81$8,859.93
-67.56%

Frax Share price prediction

What will the price of FXS be in 2025?

Based on FXS's historical price performance prediction model, the price of FXS is projected to reach $3.95 in 2025.

What will the price of FXS be in 2030?

In 2030, the FXS price is expected to change by -11.00%. By the end of 2030, the FXS price is projected to reach $4.78, with a cumulative ROI of +87.16%.

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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 Frax Share 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 Frax Share 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 Frax Share 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.