PIP
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 Pip(PIP) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 PIP at a value of 1 PIP for 127.43 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 Pip currency pair is the PIP to UGX, with for Pip's currency code being PIP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
PIP to UGX conversion rate trend
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In the past 1D, Pip has changed -0.57% to UGX. Based on the trend and price charts, Pip(PIP) has changed -0.57% to UGX while Ugandan Shilling(UGX) has changed % to PIP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh127.15 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh127.04 | 0.1000% / 0.1000% | Yes |
Bybit | Sh128.14 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh127.52 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 08:00:19(UTC+0)
How to buy Pip
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Buy Pip (PIP)
Use a variety of payment options to buy Pip on Bitget. We'll show you how.
Learn MoreBuy PIP (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of PIP with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy PIP 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 PIP (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of PIP to UGX. However, you can first exchange PIP 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 Pip to Ugandan Shilling?
Pip to Ugandan Shilling is falling this week.Pip's current market price is Sh 127.43 per PIP, with a total market cap of Sh 20,685,744,547.14 UGX based on a circulating supply of 162,333,220 PIP. The trading volume of Pip has changed by -49.36% (Sh -475,958,744.42 UGX) in the last 24 hours. Last trading day, PIP's trading volume was Sh 964,306,903.93.
Market cap
$5.66M
24h volume
$133.70K
Circulating supply
162.33M PIP
Conversion tables
The exchange rate of Pip is increasing.1 PIP is currently valued at Sh 127.43 UGX , which means buying 5 PIP will cost Sh 637.14 UGX . Similarly, Sh1 UGX can be traded for 0.007848 PIP, and Sh50 UGX can be converted to 0.3924 PIP, excluding any platform or gas fees.
The exchange rate of 1 PIP to Ugandan Shilling has changed by -21.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.57%, reaching a high of 135.74 UGX and a low of 127.4 UGX . One month ago, the value of 1 PIP was Sh 98.52 UGX , which represents a +29.33% change from its current value. Over the last year, Pip has changed by , resulting in a change of -73.46% in its value.
-Sh
352.64UGXPIP to UGX
Amount
09:54 am today
0.5 PIP
Sh63.71
1 PIP
Sh127.43
5 PIP
Sh637.14
10 PIP
Sh1,274.28
50 PIP
Sh6,371.38
100 PIP
Sh12,742.77
500 PIP
Sh63,713.83
1000 PIP
Sh127,427.67
UGX to PIP
Amount09:54 am today
0.5UGX0.003924 PIP
1UGX0.007848 PIP
5UGX0.03924 PIP
10UGX0.07848 PIP
50UGX0.3924 PIP
100UGX0.7848 PIP
500UGX3.92 PIP
1000UGX7.85 PIP
Today vs. 24 hours ago
| Amount | 09:54 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PIP | $0.01744 | $0.01754 | -0.57% |
| 1 PIP | $0.03489 | $0.03509 | -0.57% |
| 5 PIP | $0.1744 | $0.1754 | -0.57% |
| 10 PIP | $0.3489 | $0.3509 | -0.57% |
| 50 PIP | $1.74 | $1.75 | -0.57% |
| 100 PIP | $3.49 | $3.51 | -0.57% |
| 500 PIP | $17.44 | $17.54 | -0.57% |
| 1000 PIP | $34.89 | $35.09 | -0.57% |
Today vs. 1 month ago
| Amount | 09:54 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PIP | $0.01744 | $0.01349 | +29.33% |
| 1 PIP | $0.03489 | $0.02697 | +29.33% |
| 5 PIP | $0.1744 | $0.1349 | +29.33% |
| 10 PIP | $0.3489 | $0.2697 | +29.33% |
| 50 PIP | $1.74 | $1.35 | +29.33% |
| 100 PIP | $3.49 | $2.7 | +29.33% |
| 500 PIP | $17.44 | $13.49 | +29.33% |
| 1000 PIP | $34.89 | $26.97 | +29.33% |
Today vs. 1 year ago
| Amount | 09:54 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PIP | $0.01744 | $0.06571 | -73.46% |
| 1 PIP | $0.03489 | $0.1314 | -73.46% |
| 5 PIP | $0.1744 | $0.6571 | -73.46% |
| 10 PIP | $0.3489 | $1.31 | -73.46% |
| 50 PIP | $1.74 | $6.57 | -73.46% |
| 100 PIP | $3.49 | $13.14 | -73.46% |
| 500 PIP | $17.44 | $65.71 | -73.46% |
| 1000 PIP | $34.89 | $131.43 | -73.46% |
Pip price prediction
What will the price of PIP be in 2025?
Based on PIP's historical price performance prediction model, the price of PIP is projected to reach $0.07128 in 2025.
What will the price of PIP be in 2030?
In 2030, the PIP price is expected to change by -5.00%. By the end of 2030, the PIP price is projected to reach $0.1572, with a cumulative ROI of +343.73%.
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Popular Pip conversions
Check out these popular currency conversions of Pip to several fiat currencies.
Pip to USD
1 PIP to $ 0.03489 USD
Pip to GBP
1 PIP to £ 0.02776 GBP
Pip to EUR
1 PIP to € 0.03343 EUR
Pip to KRW
1 PIP to ₩ 50.67 KRW
Pip to CAD
1 PIP to $ 0.05015 CAD
Pip to AUD
1 PIP to $ 0.05581 AUD
Pip to JPY
1 PIP to ¥ 5.47 JPY
Pip to BRL
1 PIP to R$ 0.2121 BRL
Pip to CNY
1 PIP to ¥ 0.2548 CNY
Pip to TWD
1 PIP to NT$ 1.14 TWD
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1 ALGO to Sh 1,338.01 UGX
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1 LPT to Sh 56,179.3 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 Pip 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 Pip 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 Pip 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.
