GRS
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 Groestlcoin(GRS) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 GRS at a value of 1 GRS for 1,644.02 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 Groestlcoin currency pair is the GRS to UGX, with for Groestlcoin's currency code being GRS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
GRS to UGX conversion rate trend
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In the past 1D, Groestlcoin has changed +5.40% to UGX. Based on the trend and price charts, Groestlcoin(GRS) has changed +5.40% to UGX while Ugandan Shilling(UGX) has changed % to GRS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1,644.89 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:30:28(UTC+0)
How to buy Groestlcoin
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Groestlcoin (GRS)
Use a variety of payment options to buy Groestlcoin on Bitget. We'll show you how.
Buy GRS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of GRS with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy GRS 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 GRS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of GRS to UGX. However, you can first exchange GRS 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 Groestlcoin to Ugandan Shilling?
Groestlcoin to Ugandan Shilling is falling this week.Groestlcoin's current market price is Sh 1,644.02 per GRS, with a total market cap of Sh 142,332,094,646.8 UGX based on a circulating supply of 86,575,500 GRS. The trading volume of Groestlcoin has changed by +212.22% (Sh 15,596,286,923.93 UGX) in the last 24 hours. Last trading day, GRS's trading volume was Sh 7,348,960,309.9.
Market cap
$38.96M
24h volume
$6.28M
Circulating supply
86.58M GRS
Conversion tables
The exchange rate of Groestlcoin is increasing.1 GRS is currently valued at Sh 1,644.02 UGX , which means buying 5 GRS will cost Sh 8,220.11 UGX . Similarly, Sh1 UGX can be traded for 0.0006083 GRS, and Sh50 UGX can be converted to 0.03041 GRS, excluding any platform or gas fees.
The exchange rate of 1 GRS to Ugandan Shilling has changed by -9.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.40%, reaching a high of 1,728.89 UGX and a low of 1,547.11 UGX . One month ago, the value of 1 GRS was Sh 1,496.28 UGX , which represents a +9.86% change from its current value. Over the last year, Groestlcoin has changed by , resulting in a change of -20.68% in its value.
-Sh
429.2UGXGRS to UGX
Amount
17:40 today
0.5 GRS
Sh822.01
1 GRS
Sh1,644.02
5 GRS
Sh8,220.11
10 GRS
Sh16,440.23
50 GRS
Sh82,201.14
100 GRS
Sh164,402.27
500 GRS
Sh822,011.36
1000 GRS
Sh1,644,022.73
UGX to GRS
Amount17:40 today
0.5UGX0.0003041 GRS
1UGX0.0006083 GRS
5UGX0.003041 GRS
10UGX0.006083 GRS
50UGX0.03041 GRS
100UGX0.06083 GRS
500UGX0.3041 GRS
1000UGX0.6083 GRS
Today vs. 24 hours ago
| Amount | 17:40 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GRS | $0.2250 | $0.2134 | +5.40% |
| 1 GRS | $0.4500 | $0.4269 | +5.40% |
| 5 GRS | $2.25 | $2.13 | +5.40% |
| 10 GRS | $4.5 | $4.27 | +5.40% |
| 50 GRS | $22.5 | $21.34 | +5.40% |
| 100 GRS | $45 | $42.69 | +5.40% |
| 500 GRS | $224.99 | $213.43 | +5.40% |
| 1000 GRS | $449.97 | $426.87 | +5.40% |
Today vs. 1 month ago
| Amount | 17:40 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GRS | $0.2250 | $0.2048 | +9.86% |
| 1 GRS | $0.4500 | $0.4095 | +9.86% |
| 5 GRS | $2.25 | $2.05 | +9.86% |
| 10 GRS | $4.5 | $4.1 | +9.86% |
| 50 GRS | $22.5 | $20.48 | +9.86% |
| 100 GRS | $45 | $40.95 | +9.86% |
| 500 GRS | $224.99 | $204.77 | +9.86% |
| 1000 GRS | $449.97 | $409.53 | +9.86% |
Today vs. 1 year ago
| Amount | 17:40 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GRS | $0.2250 | $0.2837 | -20.68% |
| 1 GRS | $0.4500 | $0.5674 | -20.68% |
| 5 GRS | $2.25 | $2.84 | -20.68% |
| 10 GRS | $4.5 | $5.67 | -20.68% |
| 50 GRS | $22.5 | $28.37 | -20.68% |
| 100 GRS | $45 | $56.74 | -20.68% |
| 500 GRS | $224.99 | $283.72 | -20.68% |
| 1000 GRS | $449.97 | $567.45 | -20.68% |
Groestlcoin price prediction
What will the price of GRS be in 2025?
Based on GRS's historical price performance prediction model, the price of GRS is projected to reach $0.7382 in 2025.
What will the price of GRS be in 2030?
In 2030, the GRS price is expected to change by +3.00%. By the end of 2030, the GRS price is projected to reach $1.42, with a cumulative ROI of +229.37%.
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Popular Groestlcoin conversions
Check out these popular currency conversions of Groestlcoin to several fiat currencies.
Groestlcoin to USD
1 GRS to $ 0.4500 USD
Groestlcoin to GBP
1 GRS to £ 0.3580 GBP
Groestlcoin to EUR
1 GRS to € 0.4314 EUR
Groestlcoin to KRW
1 GRS to ₩ 650.85 KRW
Groestlcoin to CAD
1 GRS to $ 0.6461 CAD
Groestlcoin to AUD
1 GRS to $ 0.7198 AUD
Groestlcoin to JPY
1 GRS to ¥ 70.4 JPY
Groestlcoin to BRL
1 GRS to R$ 2.74 BRL
Groestlcoin to CNY
1 GRS to ¥ 3.28 CNY
Groestlcoin to TWD
1 GRS to NT$ 14.68 TWD
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1 PNUT to Sh 2,729.44 UGX
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1 IDEX to Sh 219.26 UGX
BitTorrent [New] to UGX
1 BTT to Sh 0.004111 UGX
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1 SHOGGOTH to Sh 216.27 UGX
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FTX Token to UGX
1 FTT to Sh 10,798.17 UGX
LUCE to UGX
1 LUCE to Sh 331.63 UGX
HEX (PulseChain) to UGX
1 HEX to Sh 47 UGX
DeXe to UGX
1 DEXE to Sh 37,572.48 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 Groestlcoin 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 Groestlcoin 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 Groestlcoin 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.
