ABT
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 Arcblock(ABT) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 ABT at a value of 1 ABT for 5,593.91 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 Arcblock currency pair is the ABT to UGX, with for Arcblock's currency code being ABT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
ABT to UGX conversion rate trend
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In the past 1D, Arcblock has changed -6.62% to UGX. Based on the trend and price charts, Arcblock(ABT) has changed -6.62% to UGX while Ugandan Shilling(UGX) has changed % to ABT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh6,952.39 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh5,520.61 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 00:00:24(UTC+0)
How to buy Arcblock
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Buy Arcblock (ABT)
Use a variety of payment options to buy Arcblock on Bitget. We'll show you how.
Learn MoreBuy ABT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of ABT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy ABT 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 ABT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of ABT to UGX. However, you can first exchange ABT 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 Arcblock to Ugandan Shilling?
Arcblock to Ugandan Shilling is falling this week.Arcblock's current market price is Sh 5,593.91 per ABT, with a total market cap of Sh 551,303,598,718.42 UGX based on a circulating supply of 98,554,300 ABT. The trading volume of Arcblock has changed by -64.43% (Sh -4,607,608,914.65 UGX) in the last 24 hours. Last trading day, ABT's trading volume was Sh 7,151,318,659.03.
Market cap
$150.89M
24h volume
$696.22K
Circulating supply
98.55M ABT
Conversion tables
The exchange rate of Arcblock is increasing.1 ABT is currently valued at Sh 5,593.91 UGX , which means buying 5 ABT will cost Sh 27,969.53 UGX . Similarly, Sh1 UGX can be traded for 0.0001788 ABT, and Sh50 UGX can be converted to 0.008938 ABT, excluding any platform or gas fees.
The exchange rate of 1 ABT to Ugandan Shilling has changed by -8.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.62%, reaching a high of 6,013.88 UGX and a low of 5,507.97 UGX . One month ago, the value of 1 ABT was Sh 4,776.63 UGX , which represents a +17.11% change from its current value. Over the last year, Arcblock has changed by , resulting in a change of +748.70% in its value.
+Sh
1,281.63UGXABT to UGX
Amount
07:55 am today
0.5 ABT
Sh2,796.95
1 ABT
Sh5,593.91
5 ABT
Sh27,969.53
10 ABT
Sh55,939.07
50 ABT
Sh279,695.35
100 ABT
Sh559,390.7
500 ABT
Sh2,796,953.5
1000 ABT
Sh5,593,906.99
UGX to ABT
Amount07:55 am today
0.5UGX0.{4}8938 ABT
1UGX0.0001788 ABT
5UGX0.0008938 ABT
10UGX0.001788 ABT
50UGX0.008938 ABT
100UGX0.01788 ABT
500UGX0.08938 ABT
1000UGX0.1788 ABT
Today vs. 24 hours ago
| Amount | 07:55 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ABT | $0.7655 | $0.8198 | -6.62% |
| 1 ABT | $1.53 | $1.64 | -6.62% |
| 5 ABT | $7.66 | $8.2 | -6.62% |
| 10 ABT | $15.31 | $16.4 | -6.62% |
| 50 ABT | $76.55 | $81.98 | -6.62% |
| 100 ABT | $153.11 | $163.95 | -6.62% |
| 500 ABT | $765.53 | $819.77 | -6.62% |
| 1000 ABT | $1,531.06 | $1,639.54 | -6.62% |
Today vs. 1 month ago
| Amount | 07:55 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ABT | $0.7655 | $0.6537 | +17.11% |
| 1 ABT | $1.53 | $1.31 | +17.11% |
| 5 ABT | $7.66 | $6.54 | +17.11% |
| 10 ABT | $15.31 | $13.07 | +17.11% |
| 50 ABT | $76.55 | $65.37 | +17.11% |
| 100 ABT | $153.11 | $130.74 | +17.11% |
| 500 ABT | $765.53 | $653.69 | +17.11% |
| 1000 ABT | $1,531.06 | $1,307.37 | +17.11% |
Today vs. 1 year ago
| Amount | 07:55 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ABT | $0.7655 | $0.09014 | +748.70% |
| 1 ABT | $1.53 | $0.1803 | +748.70% |
| 5 ABT | $7.66 | $0.9014 | +748.70% |
| 10 ABT | $15.31 | $1.8 | +748.70% |
| 50 ABT | $76.55 | $9.01 | +748.70% |
| 100 ABT | $153.11 | $18.03 | +748.70% |
| 500 ABT | $765.53 | $90.14 | +748.70% |
| 1000 ABT | $1,531.06 | $180.28 | +748.70% |
Arcblock price prediction
What will the price of ABT be in 2025?
Based on ABT's historical price performance prediction model, the price of ABT is projected to reach $2.03 in 2025.
What will the price of ABT be in 2030?
In 2030, the ABT price is expected to change by -12.00%. By the end of 2030, the ABT price is projected to reach $3.84, with a cumulative ROI of +138.87%.
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Popular Arcblock conversions
Check out these popular currency conversions of Arcblock to several fiat currencies.
Arcblock to USD
1 ABT to $ 1.53 USD
Arcblock to GBP
1 ABT to £ 1.22 GBP
Arcblock to EUR
1 ABT to € 1.47 EUR
Arcblock to KRW
1 ABT to ₩ 2,214.56 KRW
Arcblock to CAD
1 ABT to $ 2.2 CAD
Arcblock to AUD
1 ABT to $ 2.45 AUD
Arcblock to JPY
1 ABT to ¥ 239.54 JPY
Arcblock to BRL
1 ABT to R$ 9.32 BRL
Arcblock to CNY
1 ABT to ¥ 11.17 CNY
Arcblock to TWD
1 ABT to NT$ 49.96 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 Arcblock 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 Arcblock 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 Arcblock 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.
