OXT
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 Orchid(OXT) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 OXT at a value of 1 OXT for 409.34 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 Orchid currency pair is the OXT to UGX, with for Orchid's currency code being OXT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
OXT to UGX conversion rate trend
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In the past 1D, Orchid has changed +5.34% to UGX. Based on the trend and price charts, Orchid(OXT) has changed +5.34% to UGX while Ugandan Shilling(UGX) has changed % to OXT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh390.14 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh389.74 | 0.1000% / 0.1000% | Yes |
OKX | Sh391.06 | 0.080% / 0.100% | Yes |
Huobi | Sh389.38 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh390.91 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh389.74 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 00:00:22(UTC+0)
How to buy Orchid
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 Orchid (OXT)
Use a variety of payment options to buy Orchid on Bitget. We'll show you how.
Buy OXT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of OXT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy OXT with USDT via Bitget spot market.
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Sell OXT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of OXT to UGX. However, you can first exchange OXT 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 Orchid to Ugandan Shilling?
Orchid to Ugandan Shilling is falling this week.Orchid's current market price is Sh 409.34 per OXT, with a total market cap of Sh 401,067,010,182.46 UGX based on a circulating supply of 979,779,140 OXT. The trading volume of Orchid has changed by -32.27% (Sh -10,695,079,253.86 UGX) in the last 24 hours. Last trading day, OXT's trading volume was Sh 33,140,839,790.6.
Market cap
$109.80M
24h volume
$6.14M
Circulating supply
979.78M OXT
Conversion tables
The exchange rate of Orchid is increasing.1 OXT is currently valued at Sh 409.34 UGX , which means buying 5 OXT will cost Sh 2,046.72 UGX . Similarly, Sh1 UGX can be traded for 0.002443 OXT, and Sh50 UGX can be converted to 0.1221 OXT, excluding any platform or gas fees.
The exchange rate of 1 OXT to Ugandan Shilling has changed by -9.42% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.34%, reaching a high of 409.98 UGX and a low of 377.74 UGX . One month ago, the value of 1 OXT was Sh 297.82 UGX , which represents a +37.45% change from its current value. Over the last year, Orchid has changed by , resulting in a change of +11.89% in its value.
+Sh
43.49UGXOXT to UGX
Amount
04:34 am today
0.5 OXT
Sh204.67
1 OXT
Sh409.34
5 OXT
Sh2,046.72
10 OXT
Sh4,093.44
50 OXT
Sh20,467.22
100 OXT
Sh40,934.43
500 OXT
Sh204,672.16
1000 OXT
Sh409,344.32
UGX to OXT
Amount04:34 am today
0.5UGX0.001221 OXT
1UGX0.002443 OXT
5UGX0.01221 OXT
10UGX0.02443 OXT
50UGX0.1221 OXT
100UGX0.2443 OXT
500UGX1.22 OXT
1000UGX2.44 OXT
Today vs. 24 hours ago
| Amount | 04:34 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OXT | $0.05603 | $0.05319 | +5.34% |
| 1 OXT | $0.1121 | $0.1064 | +5.34% |
| 5 OXT | $0.5603 | $0.5319 | +5.34% |
| 10 OXT | $1.12 | $1.06 | +5.34% |
| 50 OXT | $5.6 | $5.32 | +5.34% |
| 100 OXT | $11.21 | $10.64 | +5.34% |
| 500 OXT | $56.03 | $53.19 | +5.34% |
| 1000 OXT | $112.07 | $106.38 | +5.34% |
Today vs. 1 month ago
| Amount | 04:34 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OXT | $0.05603 | $0.04077 | +37.45% |
| 1 OXT | $0.1121 | $0.08153 | +37.45% |
| 5 OXT | $0.5603 | $0.4077 | +37.45% |
| 10 OXT | $1.12 | $0.8153 | +37.45% |
| 50 OXT | $5.6 | $4.08 | +37.45% |
| 100 OXT | $11.21 | $8.15 | +37.45% |
| 500 OXT | $56.03 | $40.77 | +37.45% |
| 1000 OXT | $112.07 | $81.53 | +37.45% |
Today vs. 1 year ago
| Amount | 04:34 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OXT | $0.05603 | $0.05008 | +11.89% |
| 1 OXT | $0.1121 | $0.1002 | +11.89% |
| 5 OXT | $0.5603 | $0.5008 | +11.89% |
| 10 OXT | $1.12 | $1 | +11.89% |
| 50 OXT | $5.6 | $5.01 | +11.89% |
| 100 OXT | $11.21 | $10.02 | +11.89% |
| 500 OXT | $56.03 | $50.08 | +11.89% |
| 1000 OXT | $112.07 | $100.16 | +11.89% |
Orchid price prediction
What will the price of OXT be in 2025?
Based on OXT's historical price performance prediction model, the price of OXT is projected to reach $0.1713 in 2025.
What will the price of OXT be in 2030?
In 2030, the OXT price is expected to change by -9.00%. By the end of 2030, the OXT price is projected to reach $0.3463, with a cumulative ROI of +220.58%.
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Popular Orchid conversions
Check out these popular currency conversions of Orchid to several fiat currencies.
Orchid to USD
1 OXT to $ 0.1121 USD
Orchid to GBP
1 OXT to £ 0.08909 GBP
Orchid to EUR
1 OXT to € 0.1073 EUR
Orchid to KRW
1 OXT to ₩ 162.59 KRW
Orchid to CAD
1 OXT to $ 0.1609 CAD
Orchid to AUD
1 OXT to $ 0.1793 AUD
Orchid to JPY
1 OXT to ¥ 17.55 JPY
Orchid to BRL
1 OXT to R$ 0.6813 BRL
Orchid to CNY
1 OXT to ¥ 0.8183 CNY
Orchid to TWD
1 OXT to NT$ 3.66 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 Orchid 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 Orchid 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 Orchid 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.
