KABY
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 Kaby Arena(KABY) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 KABY at a value of 1 KABY for 1.29 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 Kaby Arena currency pair is the KABY to UGX, with for Kaby Arena's currency code being KABY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
KABY to UGX conversion rate trend
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In the past 1D, Kaby Arena has changed +2.26% to UGX. Based on the trend and price charts, Kaby Arena(KABY) has changed +2.26% to UGX while Ugandan Shilling(UGX) has changed % to KABY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1.29 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh1.26 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 08:00:17(UTC+0)
How to buy Kaby Arena
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Kaby Arena (KABY)
Use a variety of payment options to buy Kaby Arena on Bitget. We'll show you how.
Buy KABY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of KABY with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy KABY 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 KABY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of KABY to UGX. However, you can first exchange KABY 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 Kaby Arena to Ugandan Shilling?
Kaby Arena to Ugandan Shilling is falling this week.Kaby Arena's current market price is Sh 1.29 per KABY, with a total market cap of Sh 1,178,779,641.88 UGX based on a circulating supply of 914,277,060 KABY. The trading volume of Kaby Arena has changed by +49.74% (Sh 54,498.88 UGX) in the last 24 hours. Last trading day, KABY's trading volume was Sh 109,568.83.
Market cap
$322.72K
24h volume
$44.91694695
Circulating supply
914.28M KABY
Conversion tables
The exchange rate of Kaby Arena is decreasing.1 KABY is currently valued at Sh 1.29 UGX , which means buying 5 KABY will cost Sh 6.45 UGX . Similarly, Sh1 UGX can be traded for 0.7756 KABY, and Sh50 UGX can be converted to 38.78 KABY, excluding any platform or gas fees.
The exchange rate of 1 KABY to Ugandan Shilling has changed by -3.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.26%, reaching a high of 1.29 UGX and a low of 1.26 UGX . One month ago, the value of 1 KABY was Sh 1.41 UGX , which represents a -8.83% change from its current value. Over the last year, Kaby Arena has changed by , resulting in a change of -25.93% in its value.
-Sh
0.4513UGXKABY to UGX
Amount
09:07 am today
0.5 KABY
Sh0.6447
1 KABY
Sh1.29
5 KABY
Sh6.45
10 KABY
Sh12.89
50 KABY
Sh64.47
100 KABY
Sh128.93
500 KABY
Sh644.65
1000 KABY
Sh1,289.3
UGX to KABY
Amount09:07 am today
0.5UGX0.3878 KABY
1UGX0.7756 KABY
5UGX3.88 KABY
10UGX7.76 KABY
50UGX38.78 KABY
100UGX77.56 KABY
500UGX387.81 KABY
1000UGX775.61 KABY
Today vs. 24 hours ago
| Amount | 09:07 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 KABY | $0.0001765 | $0.0001726 | +2.26% |
| 1 KABY | $0.0003530 | $0.0003452 | +2.26% |
| 5 KABY | $0.001765 | $0.001726 | +2.26% |
| 10 KABY | $0.003530 | $0.003452 | +2.26% |
| 50 KABY | $0.01765 | $0.01726 | +2.26% |
| 100 KABY | $0.03530 | $0.03452 | +2.26% |
| 500 KABY | $0.1765 | $0.1726 | +2.26% |
| 1000 KABY | $0.3530 | $0.3452 | +2.26% |
Today vs. 1 month ago
| Amount | 09:07 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 KABY | $0.0001765 | $0.0001936 | -8.83% |
| 1 KABY | $0.0003530 | $0.0003871 | -8.83% |
| 5 KABY | $0.001765 | $0.001936 | -8.83% |
| 10 KABY | $0.003530 | $0.003871 | -8.83% |
| 50 KABY | $0.01765 | $0.01936 | -8.83% |
| 100 KABY | $0.03530 | $0.03871 | -8.83% |
| 500 KABY | $0.1765 | $0.1936 | -8.83% |
| 1000 KABY | $0.3530 | $0.3871 | -8.83% |
Today vs. 1 year ago
| Amount | 09:07 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 KABY | $0.0001765 | $0.0002383 | -25.93% |
| 1 KABY | $0.0003530 | $0.0004765 | -25.93% |
| 5 KABY | $0.001765 | $0.002383 | -25.93% |
| 10 KABY | $0.003530 | $0.004765 | -25.93% |
| 50 KABY | $0.01765 | $0.02383 | -25.93% |
| 100 KABY | $0.03530 | $0.04765 | -25.93% |
| 500 KABY | $0.1765 | $0.2383 | -25.93% |
| 1000 KABY | $0.3530 | $0.4765 | -25.93% |
Kaby Arena price prediction
What will the price of KABY be in 2025?
Based on KABY's historical price performance prediction model, the price of KABY is projected to reach $0.0004751 in 2025.
What will the price of KABY be in 2030?
In 2030, the KABY price is expected to change by -14.00%. By the end of 2030, the KABY price is projected to reach $0.0007729, with a cumulative ROI of +123.89%.
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Popular Kaby Arena conversions
Check out these popular currency conversions of Kaby Arena to several fiat currencies.
Kaby Arena to USD
1 KABY to $ 0.0003530 USD
Kaby Arena to GBP
1 KABY to £ 0.0002809 GBP
Kaby Arena to EUR
1 KABY to € 0.0003383 EUR
Kaby Arena to KRW
1 KABY to ₩ 0.5127 KRW
Kaby Arena to CAD
1 KABY to $ 0.0005074 CAD
Kaby Arena to AUD
1 KABY to $ 0.0005647 AUD
Kaby Arena to JPY
1 KABY to ¥ 0.05534 JPY
Kaby Arena to BRL
1 KABY to R$ 0.002146 BRL
Kaby Arena to CNY
1 KABY to ¥ 0.002578 CNY
Kaby Arena to TWD
1 KABY to NT$ 0.01155 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 Kaby Arena 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 Kaby Arena 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 Kaby Arena 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.
