SHA
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 Safe Haven(SHA) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 SHA at a value of 1 SHA for 1.51 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 Safe Haven currency pair is the SHA to UGX, with for Safe Haven's currency code being SHA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
SHA to UGX conversion rate trend
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In the past 1D, Safe Haven has changed -7.42% to UGX. Based on the trend and price charts, Safe Haven(SHA) has changed -7.42% to UGX while Ugandan Shilling(UGX) has changed % to SHA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1.53 | 0.0200% / 0.0320%  VIP 7 | |
KuCoin | Sh1.49 | 0.1000% / 0.1000% | Yes |
Last updated 2024/04/16 01:00:29(UTC+0)
How to buy Safe Haven
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Buy Safe Haven (SHA)
Use a variety of payment options to buy Safe Haven on Bitget. We'll show you how.
Buy SHA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of SHA with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy SHA 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 SHA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of SHA to UGX. However, you can first exchange SHA 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 Safe Haven to Ugandan Shilling?
Safe Haven to Ugandan Shilling is falling this week.Safe Haven's current market price is Sh 1.51 per SHA, with a total market cap of Sh 4,544,415,197.88 UGX based on a circulating supply of 3,005,855,500 SHA. The trading volume of Safe Haven has changed by -42.01% (Sh -2,835,561.64 UGX) in the last 24 hours. Last trading day, SHA's trading volume was Sh 6,750,324.7.
Market cap
$1.24M
24h volume
$1.07K
Circulating supply
3.01B SHA
Conversion tables
The exchange rate of Safe Haven is increasing.1 SHA is currently valued at Sh 1.51 UGX , which means buying 5 SHA will cost Sh 7.56 UGX . Similarly, Sh1 UGX can be traded for 0.6614 SHA, and Sh50 UGX can be converted to 33.07 SHA, excluding any platform or gas fees.
The exchange rate of 1 SHA to Ugandan Shilling has changed by -25.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.42%, reaching a high of 1.68 UGX and a low of 1.5 UGX . One month ago, the value of 1 SHA was Sh 1.13 UGX , which represents a +33.83% change from its current value. Over the last year, Safe Haven has changed by , resulting in a change of -41.71% in its value.
-Sh
1.08UGXSHA to UGX
Amount
08:21 am today
0.5 SHA
Sh0.7559
1 SHA
Sh1.51
5 SHA
Sh7.56
10 SHA
Sh15.12
50 SHA
Sh75.59
100 SHA
Sh151.19
500 SHA
Sh755.93
1000 SHA
Sh1,511.85
UGX to SHA
Amount08:21 am today
0.5UGX0.3307 SHA
1UGX0.6614 SHA
5UGX3.31 SHA
10UGX6.61 SHA
50UGX33.07 SHA
100UGX66.14 SHA
500UGX330.72 SHA
1000UGX661.44 SHA
Today vs. 24 hours ago
| Amount | 08:21 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SHA | $0.0002070 | $0.0002235 | -7.42% |
| 1 SHA | $0.0004139 | $0.0004471 | -7.42% |
| 5 SHA | $0.002070 | $0.002235 | -7.42% |
| 10 SHA | $0.004139 | $0.004471 | -7.42% |
| 50 SHA | $0.02070 | $0.02235 | -7.42% |
| 100 SHA | $0.04139 | $0.04471 | -7.42% |
| 500 SHA | $0.2070 | $0.2235 | -7.42% |
| 1000 SHA | $0.4139 | $0.4471 | -7.42% |
Today vs. 1 month ago
| Amount | 08:21 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SHA | $0.0002070 | $0.0001546 | +33.83% |
| 1 SHA | $0.0004139 | $0.0003093 | +33.83% |
| 5 SHA | $0.002070 | $0.001546 | +33.83% |
| 10 SHA | $0.004139 | $0.003093 | +33.83% |
| 50 SHA | $0.02070 | $0.01546 | +33.83% |
| 100 SHA | $0.04139 | $0.03093 | +33.83% |
| 500 SHA | $0.2070 | $0.1546 | +33.83% |
| 1000 SHA | $0.4139 | $0.3093 | +33.83% |
Today vs. 1 year ago
| Amount | 08:21 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SHA | $0.0002070 | $0.0003550 | -41.71% |
| 1 SHA | $0.0004139 | $0.0007101 | -41.71% |
| 5 SHA | $0.002070 | $0.003550 | -41.71% |
| 10 SHA | $0.004139 | $0.007101 | -41.71% |
| 50 SHA | $0.02070 | $0.03550 | -41.71% |
| 100 SHA | $0.04139 | $0.07101 | -41.71% |
| 500 SHA | $0.2070 | $0.3550 | -41.71% |
| 1000 SHA | $0.4139 | $0.7101 | -41.71% |
Safe Haven price prediction
What will the price of SHA be in 2025?
Based on SHA's historical price performance prediction model, the price of SHA is projected to reach $0.0005801 in 2025.
What will the price of SHA be in 2030?
In 2030, the SHA price is expected to change by -5.00%. By the end of 2030, the SHA price is projected to reach $0.0008331, with a cumulative ROI of +80.88%.
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Popular Safe Haven conversions
Check out these popular currency conversions of Safe Haven to several fiat currencies.
Safe Haven to USD
1 SHA to $ 0.0004139 USD
Safe Haven to GBP
1 SHA to £ 0.0003294 GBP
Safe Haven to EUR
1 SHA to € 0.0003966 EUR
Safe Haven to KRW
1 SHA to ₩ 0.6012 KRW
Safe Haven to CAD
1 SHA to $ 0.0005950 CAD
Safe Haven to AUD
1 SHA to $ 0.0006622 AUD
Safe Haven to JPY
1 SHA to ¥ 0.06489 JPY
Safe Haven to BRL
1 SHA to R$ 0.002517 BRL
Safe Haven to CNY
1 SHA to ¥ 0.003023 CNY
Safe Haven to TWD
1 SHA to NT$ 0.01354 TWD
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Algorand to UGX
1 ALGO to Sh 1,304.54 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 Safe Haven 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 Safe Haven 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 Safe Haven 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.
