RBIES
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 Rubies(RBIES) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 RBIES at a value of 1 RBIES for 18.10 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 Rubies currency pair is the RBIES to UGX, with for Rubies's currency code being RBIES. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
RBIES to UGX conversion rate trend
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In the past 1D, Rubies has changed +2.45% to UGX. Based on the trend and price charts, Rubies(RBIES) has changed +2.45% to UGX while Ugandan Shilling(UGX) has changed % to RBIES in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh18.17 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/26 00:34:56(UTC+0)
How to buy Rubies
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 Rubies (RBIES)
Use a variety of payment options to buy Rubies on Bitget. We'll show you how.
Buy RBIES (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of RBIES with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy RBIES 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 RBIES (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of RBIES to UGX. However, you can first exchange RBIES 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 Rubies to Ugandan Shilling?
Rubies to Ugandan Shilling is rising this week.Rubies's current market price is Sh 18.1 per RBIES, with a total market cap of Sh 0 UGX based on a circulating supply of -- RBIES. The trading volume of Rubies has changed by 0.00% (Sh 0 UGX) in the last 24 hours. Last trading day, RBIES's trading volume was Sh 0.
Market cap
$0
24h volume
$0
Circulating supply
0 RBIES
Conversion tables
The exchange rate of Rubies is increasing.1 RBIES is currently valued at Sh 18.1 UGX , which means buying 5 RBIES will cost Sh 90.48 UGX . Similarly, Sh1 UGX can be traded for 0.05526 RBIES, and Sh50 UGX can be converted to 2.76 RBIES, excluding any platform or gas fees.
The exchange rate of 1 RBIES to Ugandan Shilling has changed by +10.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.45%, reaching a high of 11.3 UGX and a low of 10.88 UGX . One month ago, the value of 1 RBIES was Sh 17.5 UGX , which represents a +5.59% change from its current value. Over the last year, Rubies has changed by , resulting in a change of -58.76% in its value.
-Sh
16.07UGXRBIES to UGX
Amount
01:01 am today
0.5 RBIES
Sh9.05
1 RBIES
Sh18.1
5 RBIES
Sh90.48
10 RBIES
Sh180.96
50 RBIES
Sh904.78
100 RBIES
Sh1,809.56
500 RBIES
Sh9,047.8
1000 RBIES
Sh18,095.61
UGX to RBIES
Amount01:01 am today
0.5UGX0.02763 RBIES
1UGX0.05526 RBIES
5UGX0.2763 RBIES
10UGX0.5526 RBIES
50UGX2.76 RBIES
100UGX5.53 RBIES
500UGX27.63 RBIES
1000UGX55.26 RBIES
Today vs. 24 hours ago
| Amount | 01:01 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RBIES | $0.002476 | $0.002439 | +2.45% |
| 1 RBIES | $0.004951 | $0.004878 | +2.45% |
| 5 RBIES | $0.02476 | $0.02439 | +2.45% |
| 10 RBIES | $0.04951 | $0.04878 | +2.45% |
| 50 RBIES | $0.2476 | $0.2439 | +2.45% |
| 100 RBIES | $0.4951 | $0.4878 | +2.45% |
| 500 RBIES | $2.48 | $2.44 | +2.45% |
| 1000 RBIES | $4.95 | $4.88 | +2.45% |
Today vs. 1 month ago
| Amount | 01:01 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RBIES | $0.002476 | $0.002394 | +5.59% |
| 1 RBIES | $0.004951 | $0.004788 | +5.59% |
| 5 RBIES | $0.02476 | $0.02394 | +5.59% |
| 10 RBIES | $0.04951 | $0.04788 | +5.59% |
| 50 RBIES | $0.2476 | $0.2394 | +5.59% |
| 100 RBIES | $0.4951 | $0.4788 | +5.59% |
| 500 RBIES | $2.48 | $2.39 | +5.59% |
| 1000 RBIES | $4.95 | $4.79 | +5.59% |
Today vs. 1 year ago
| Amount | 01:01 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RBIES | $0.002476 | $0.004675 | -58.76% |
| 1 RBIES | $0.004951 | $0.009349 | -58.76% |
| 5 RBIES | $0.02476 | $0.04675 | -58.76% |
| 10 RBIES | $0.04951 | $0.09349 | -58.76% |
| 50 RBIES | $0.2476 | $0.4675 | -58.76% |
| 100 RBIES | $0.4951 | $0.9349 | -58.76% |
| 500 RBIES | $2.48 | $4.67 | -58.76% |
| 1000 RBIES | $4.95 | $9.35 | -58.76% |
Rubies price prediction
What will the price of RBIES be in 2025?
Based on RBIES's historical price performance prediction model, the price of RBIES is projected to reach $0.006088 in 2025.
What will the price of RBIES be in 2030?
In 2030, the RBIES price is expected to change by -13.00%. By the end of 2030, the RBIES price is projected to reach $0.01491, with a cumulative ROI of +389.53%.
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Popular Rubies conversions
Check out these popular currency conversions of Rubies to several fiat currencies.
Rubies to USD
1 RBIES to $ 0.004951 USD
Rubies to GBP
1 RBIES to £ 0.003946 GBP
Rubies to EUR
1 RBIES to € 0.004759 EUR
Rubies to KRW
1 RBIES to ₩ 7.21 KRW
Rubies to CAD
1 RBIES to $ 0.007115 CAD
Rubies to AUD
1 RBIES to $ 0.007932 AUD
Rubies to JPY
1 RBIES to ¥ 0.7786 JPY
Rubies to BRL
1 RBIES to R$ 0.03330 BRL
Rubies to CNY
1 RBIES to ¥ 0.03613 CNY
Rubies to TWD
1 RBIES to NT$ 0.1618 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 Rubies 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 Rubies 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 Rubies 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.
