OCEAN
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 Ocean Protocol(OCEAN) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 OCEAN at a value of 1 OCEAN for 2,049.96 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 Ocean Protocol currency pair is the OCEAN to UGX, with for Ocean Protocol's currency code being OCEAN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
OCEAN to UGX conversion rate trend
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In the past 1D, Ocean Protocol has changed -1.12% to UGX. Based on the trend and price charts, Ocean Protocol(OCEAN) has changed -1.12% to UGX while Ugandan Shilling(UGX) has changed % to OCEAN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh2,252.91 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh2,252.91 | 0.1000% / 0.1000% | Yes |
Huobi | Sh2,265.42 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh2,233.41 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh2,224.58 | 0.1000% / 0.1000% | Yes |
Bitfinex | Sh2,124.21 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/09 01:00:18(UTC+0)
How to buy Ocean Protocol
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Ocean Protocol (OCEAN)
Use a variety of payment options to buy Ocean Protocol on Bitget. We'll show you how.
Learn MoreBuy OCEAN (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of OCEAN with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy OCEAN with USDT via Bitget spot market.
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Sell OCEAN (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of OCEAN to UGX. However, you can first exchange OCEAN 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 Ocean Protocol to Ugandan Shilling?
Ocean Protocol to Ugandan Shilling is falling this week.Ocean Protocol's current market price is Sh 2,049.96 per OCEAN, with a total market cap of Sh 0 UGX based on a circulating supply of -- OCEAN. The trading volume of Ocean Protocol has changed by -46.91% (Sh -1,783,071,346.09 UGX) in the last 24 hours. Last trading day, OCEAN's trading volume was Sh 3,801,314,835.81.
Market cap
$0
24h volume
$548.52K
Circulating supply
0 OCEAN
Conversion tables
The exchange rate of Ocean Protocol is decreasing.1 OCEAN is currently valued at Sh 2,049.96 UGX , which means buying 5 OCEAN will cost Sh 10,249.79 UGX . Similarly, Sh1 UGX can be traded for 0.0004878 OCEAN, and Sh50 UGX can be converted to 0.02439 OCEAN, excluding any platform or gas fees.
The exchange rate of 1 OCEAN to Ugandan Shilling has changed by -26.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.12%, reaching a high of 2,104.66 UGX and a low of 1,998.04 UGX . One month ago, the value of 1 OCEAN was Sh 2,227.85 UGX , which represents a -7.98% change from its current value. Over the last year, Ocean Protocol has changed by , resulting in a change of +1.88% in its value.
+Sh
37.83UGXOCEAN to UGX
Amount
18:14 today
0.5 OCEAN
Sh1,024.98
1 OCEAN
Sh2,049.96
5 OCEAN
Sh10,249.79
10 OCEAN
Sh20,499.58
50 OCEAN
Sh102,497.9
100 OCEAN
Sh204,995.81
500 OCEAN
Sh1,024,979.04
1000 OCEAN
Sh2,049,958.08
UGX to OCEAN
Amount18:14 today
0.5UGX0.0002439 OCEAN
1UGX0.0004878 OCEAN
5UGX0.002439 OCEAN
10UGX0.004878 OCEAN
50UGX0.02439 OCEAN
100UGX0.04878 OCEAN
500UGX0.2439 OCEAN
1000UGX0.4878 OCEAN
Today vs. 24 hours ago
| Amount | 18:14 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OCEAN | $0.2786 | $0.2817 | -1.12% |
| 1 OCEAN | $0.5571 | $0.5634 | -1.12% |
| 5 OCEAN | $2.79 | $2.82 | -1.12% |
| 10 OCEAN | $5.57 | $5.63 | -1.12% |
| 50 OCEAN | $27.86 | $28.17 | -1.12% |
| 100 OCEAN | $55.71 | $56.34 | -1.12% |
| 500 OCEAN | $278.57 | $281.72 | -1.12% |
| 1000 OCEAN | $557.14 | $563.44 | -1.12% |
Today vs. 1 month ago
| Amount | 18:14 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OCEAN | $0.2786 | $0.3027 | -7.98% |
| 1 OCEAN | $0.5571 | $0.6055 | -7.98% |
| 5 OCEAN | $2.79 | $3.03 | -7.98% |
| 10 OCEAN | $5.57 | $6.05 | -7.98% |
| 50 OCEAN | $27.86 | $30.27 | -7.98% |
| 100 OCEAN | $55.71 | $60.55 | -7.98% |
| 500 OCEAN | $278.57 | $302.74 | -7.98% |
| 1000 OCEAN | $557.14 | $605.49 | -7.98% |
Today vs. 1 year ago
| Amount | 18:14 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OCEAN | $0.2786 | $0.2734 | +1.88% |
| 1 OCEAN | $0.5571 | $0.5469 | +1.88% |
| 5 OCEAN | $2.79 | $2.73 | +1.88% |
| 10 OCEAN | $5.57 | $5.47 | +1.88% |
| 50 OCEAN | $27.86 | $27.34 | +1.88% |
| 100 OCEAN | $55.71 | $54.69 | +1.88% |
| 500 OCEAN | $278.57 | $273.43 | +1.88% |
| 1000 OCEAN | $557.14 | $546.86 | +1.88% |
Ocean Protocol price prediction
What will the price of OCEAN be in 2025?
Based on OCEAN's historical price performance prediction model, the price of OCEAN is projected to reach $0.7880 in 2025.
What will the price of OCEAN be in 2030?
In 2030, the OCEAN price is expected to change by +3.00%. By the end of 2030, the OCEAN price is projected to reach $2.02, with a cumulative ROI of +262.24%.
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Popular Ocean Protocol conversions
Check out these popular currency conversions of Ocean Protocol to several fiat currencies.
Ocean Protocol to USD
1 OCEAN to $ 0.5571 USD
Ocean Protocol to GBP
1 OCEAN to £ 0.4453 GBP
Ocean Protocol to EUR
1 OCEAN to € 0.5358 EUR
Ocean Protocol to KRW
1 OCEAN to ₩ 809.06 KRW
Ocean Protocol to CAD
1 OCEAN to $ 0.8030 CAD
Ocean Protocol to AUD
1 OCEAN to $ 0.8944 AUD
Ocean Protocol to JPY
1 OCEAN to ¥ 87.59 JPY
Ocean Protocol to BRL
1 OCEAN to R$ 3.44 BRL
Ocean Protocol to CNY
1 OCEAN to ¥ 4.07 CNY
Ocean Protocol to TWD
1 OCEAN to NT$ 18.22 TWD
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1 VIRTUAL to Sh 9,928.86 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 Ocean Protocol 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 Ocean Protocol 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 Ocean Protocol 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.
