Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
base info Velas

Velas to Uzbekistan Som Converter and calculator

Convert 1Velas (VLX) to Uzbekistan Som (UZS) equals so'm 127.62 | Bitget
VLX
VLX
swap
UZS
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Velas(VLX) to Uzbekistan Som(UZS). This is the real-time data. The current conversion shows 1 VLX at a value of 1 VLX for 127.62 UZS . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

UZS information

About Uzbekistan Som (UZS)

The Uzbekistan Som (UZS), introduced in 1993 following the dissolution of the Soviet Union, is more than just the national currency of Uzbekistan; it symbolizes the nation's transition to economic independence and its aspirations for future growth. It is commonly abbreviated as UZS and represented by the symbol so'm. Replacing the Soviet Ruble, the Som marked a significant step in Uzbekistan’s journey towards creating a market-oriented economy.

Historical Background

The introduction of the Uzbekistan Som was a crucial development in Uzbekistan’s post-Soviet economic transformation. It signified the country's departure from the Soviet economic system and was instrumental in laying the groundwork for an independent monetary policy. The Som's establishment coincided with Uzbekistan's broader efforts to diversify its economy and integrate into the global market.

Design and Symbolism

The design of the Uzbekistan Som reflects the country’s rich cultural heritage and history. Banknotes and coins feature images of historic figures, architectural landmarks, and symbols representing Uzbekistan’s art and culture. These designs serve not only as a medium for financial transactions but also as reminders of the nation's unique identity and pride.

Economic Role

The Som plays a central role in Uzbekistan’s economy, which includes significant sectors like cotton production, gold mining, and energy. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the daily economic activities of Uzbek citizens.

Monetary Policy and Stability

Managed by the Central Bank of Uzbekistan, the Som has navigated through various challenges, including inflation and currency devaluation. The central bank's monetary policies focus on stabilizing the currency, controlling inflation, and fostering a conducive environment for economic growth and stability.

International Trade and the Uzbekistan Som

In international trade, the stability of the Som is crucial, particularly for Uzbekistan’s exports like cotton, gold, and natural gas. A stable Som is vital for maintaining competitive export prices and for managing the import of essential goods.

Remittances and Economic Impact

Remittances from Uzbekistanis working abroad, particularly in Russia and Kazakhstan, are a significant source of foreign income. These remittances, converted into Soms, support many families and contribute to the national economy, providing a vital cushion against economic shocks.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Velas currency pair is the VLX to UZS, with for Velas's currency code being VLX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UZS.

VLX to UZS conversion rate trend

1D7D1M3M1YAll
In the past 1D, Velas has changed -1.71% to UZS. Based on the trend and price charts, Velas(VLX) has changed -1.71% to UZS while Uzbekistan Som(UZS) has changed % to VLX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
so'm90.89
0.0200% / 0.0320%vip-iconVIP 7
Huobi
so'm126.85
0.1000% / 0.1000%
Yes
Gate.io
so'm126.36
0.1000% / 0.1000%
Yes
KuCoin
so'm93.9
0.1000% / 0.1000%
Yes
Last updated 2024/07/09 01:00:18(UTC+0)

How to buy Velas

buy-coin-step-0-img
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.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy Velas (VLX)
Use a variety of payment options to buy Velas on Bitget. We'll show you how.

Buy VLX (or USDT) for UZS (Uzbekistan Som) offers

Bitget P2P trading does not currently support direct buying of VLX with UZS. However, you can buy USDT in Bitget P2P trading first, and then buy VLX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Sell VLX (or USDT) for UZS (Uzbekistan Som) offers

Bitget P2P trading currently does not support direct selling of VLX to UZS. However, you can first exchange VLX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Velas to Uzbekistan Som?

Velas to Uzbekistan Som is falling this week.
Velas's current market price is so'm 127.62 per VLX, with a total market cap of so'm 340,327,130,698.94 UZS based on a circulating supply of 2,666,806,000 VLX. The trading volume of Velas has changed by -14.78% (so'm -1,082,163,674.15 UZS) in the last 24 hours. Last trading day, VLX's trading volume was so'm 7,322,752,411.7.
Market cap
$26.51M
24h volume
$486.10K
Circulating supply
2.67B VLX

Conversion tables

The exchange rate of Velas is decreasing.
1 VLX is currently valued at so'm 127.62 UZS , which means buying 5 VLX will cost so'm 638.08 UZS . Similarly, so'm1 UZS can be traded for 0.007836 VLX, and so'm50 UZS can be converted to 0.3918 VLX, excluding any platform or gas fees.
The exchange rate of 1 VLX to Uzbekistan Som has changed by -14.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.71%, reaching a high of 132.46 UZS and a low of 122.73 UZS . One month ago, the value of 1 VLX was so'm 229.6 UZS , which represents a -44.41% change from its current value. Over the last year, Velas has changed by
-so'm
37.17UZS
, resulting in a change of -22.55% in its value.

VLX to UZS

Amount
11:31 am today
0.5 VLX
so'm63.81
1 VLX
so'm127.62
5 VLX
so'm638.08
10 VLX
so'm1,276.16
50 VLX
so'm6,380.8
100 VLX
so'm12,761.6
500 VLX
so'm63,808
1000 VLX
so'm127,616.01

UZS to VLX

Amount11:31 am today
0.5UZS0.003918  VLX
1UZS0.007836  VLX
5UZS0.03918  VLX
10UZS0.07836  VLX
50UZS0.3918  VLX
100UZS0.7836  VLX
500UZS3.92  VLX
1000UZS7.84  VLX

Today vs. 24 hours ago

Amount11:31 am today24 hours ago24h change
0.5 VLX$0.004970$0.005057
-1.71%
1 VLX$0.009940$0.01011
-1.71%
5 VLX$0.04970$0.05057
-1.71%
10 VLX$0.09940$0.1011
-1.71%
50 VLX$0.4970$0.5057
-1.71%
100 VLX$0.9940$1.01
-1.71%
500 VLX$4.97$5.06
-1.71%
1000 VLX$9.94$10.11
-1.71%

Today vs. 1 month ago

Amount11:31 am today1 month ago1M change
0.5 VLX$0.004970$0.008942
-44.41%
1 VLX$0.009940$0.01788
-44.41%
5 VLX$0.04970$0.08942
-44.41%
10 VLX$0.09940$0.1788
-44.41%
50 VLX$0.4970$0.8942
-44.41%
100 VLX$0.9940$1.79
-44.41%
500 VLX$4.97$8.94
-44.41%
1000 VLX$9.94$17.88
-44.41%

Today vs. 1 year ago

Amount11:31 am today1 year ago1Y change
0.5 VLX$0.004970$0.006418
-22.55%
1 VLX$0.009940$0.01284
-22.55%
5 VLX$0.04970$0.06418
-22.55%
10 VLX$0.09940$0.1284
-22.55%
50 VLX$0.4970$0.6418
-22.55%
100 VLX$0.9940$1.28
-22.55%
500 VLX$4.97$6.42
-22.55%
1000 VLX$9.94$12.84
-22.55%

Velas price prediction

What will the price of VLX be in 2025?

Based on VLX's historical price performance prediction model, the price of VLX is projected to reach $0.01552 in 2025.

What will the price of VLX be in 2030?

In 2030, the VLX price is expected to change by -18.00%. By the end of 2030, the VLX price is projected to reach $0.02062, with a cumulative ROI of +99.88%.

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action

Latest coin listings on Bitget

New listings

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 Velas and UZS.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Velas and UZS. 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 Velas in UZS, 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.