HDN
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 Hydranet(HDN) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 HDN at a value of 1 HDN for 145.71 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 Hydranet currency pair is the HDN to UGX, with for Hydranet's currency code being HDN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
HDN to UGX conversion rate trend
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In the past 1D, Hydranet has changed -2.21% to UGX. Based on the trend and price charts, Hydranet(HDN) has changed -2.21% to UGX while Ugandan Shilling(UGX) has changed % to HDN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh141.14 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:30:50(UTC+0)
How to buy Hydranet
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Hydranet (HDN)
Use a variety of payment options to buy Hydranet on Bitget. We'll show you how.
Buy HDN (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of HDN with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy HDN with USDT via Bitget spot market.
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Sell HDN (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of HDN to UGX. However, you can first exchange HDN for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Hydranet to Ugandan Shilling?
Hydranet to Ugandan Shilling is falling this week.Hydranet's current market price is Sh 145.71 per HDN, with a total market cap of Sh 23,098,846,338.91 UGX based on a circulating supply of 158,528,880 HDN. The trading volume of Hydranet has changed by -8.21% (Sh -2,357,014.34 UGX) in the last 24 hours. Last trading day, HDN's trading volume was Sh 28,708,017.28.
Market cap
$6.32M
24h volume
$7.21K
Circulating supply
158.53M HDN
Conversion tables
The exchange rate of Hydranet is increasing.1 HDN is currently valued at Sh 145.71 UGX , which means buying 5 HDN will cost Sh 728.54 UGX . Similarly, Sh1 UGX can be traded for 0.006863 HDN, and Sh50 UGX can be converted to 0.3432 HDN, excluding any platform or gas fees.
The exchange rate of 1 HDN to Ugandan Shilling has changed by -28.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.21%, reaching a high of 155.88 UGX and a low of 128.22 UGX . One month ago, the value of 1 HDN was Sh 125.69 UGX , which represents a +15.92% change from its current value. Over the last year, Hydranet has changed by , resulting in a change of -58.82% in its value.
-Sh
208.13UGXHDN to UGX
Amount
18:48 today
0.5 HDN
Sh72.85
1 HDN
Sh145.71
5 HDN
Sh728.54
10 HDN
Sh1,457.07
50 HDN
Sh7,285.37
100 HDN
Sh14,570.75
500 HDN
Sh72,853.75
1000 HDN
Sh145,707.49
UGX to HDN
Amount18:48 today
0.5UGX0.003432 HDN
1UGX0.006863 HDN
5UGX0.03432 HDN
10UGX0.06863 HDN
50UGX0.3432 HDN
100UGX0.6863 HDN
500UGX3.43 HDN
1000UGX6.86 HDN
Today vs. 24 hours ago
| Amount | 18:48 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 HDN | $0.01994 | $0.02039 | -2.21% |
| 1 HDN | $0.03988 | $0.04078 | -2.21% |
| 5 HDN | $0.1994 | $0.2039 | -2.21% |
| 10 HDN | $0.3988 | $0.4078 | -2.21% |
| 50 HDN | $1.99 | $2.04 | -2.21% |
| 100 HDN | $3.99 | $4.08 | -2.21% |
| 500 HDN | $19.94 | $20.39 | -2.21% |
| 1000 HDN | $39.88 | $40.78 | -2.21% |
Today vs. 1 month ago
| Amount | 18:48 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 HDN | $0.01994 | $0.01720 | +15.92% |
| 1 HDN | $0.03988 | $0.03440 | +15.92% |
| 5 HDN | $0.1994 | $0.1720 | +15.92% |
| 10 HDN | $0.3988 | $0.3440 | +15.92% |
| 50 HDN | $1.99 | $1.72 | +15.92% |
| 100 HDN | $3.99 | $3.44 | +15.92% |
| 500 HDN | $19.94 | $17.2 | +15.92% |
| 1000 HDN | $39.88 | $34.4 | +15.92% |
Today vs. 1 year ago
| Amount | 18:48 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 HDN | $0.01994 | $0.04842 | -58.82% |
| 1 HDN | $0.03988 | $0.09685 | -58.82% |
| 5 HDN | $0.1994 | $0.4842 | -58.82% |
| 10 HDN | $0.3988 | $0.9685 | -58.82% |
| 50 HDN | $1.99 | $4.84 | -58.82% |
| 100 HDN | $3.99 | $9.68 | -58.82% |
| 500 HDN | $19.94 | $48.42 | -58.82% |
| 1000 HDN | $39.88 | $96.85 | -58.82% |
Hydranet price prediction
What will the price of HDN be in 2025?
Based on HDN's historical price performance prediction model, the price of HDN is projected to reach $0.07028 in 2025.
What will the price of HDN be in 2030?
In 2030, the HDN price is expected to change by -16.00%. By the end of 2030, the HDN price is projected to reach $0.09045, with a cumulative ROI of +127.73%.
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Popular Hydranet conversions
Check out these popular currency conversions of Hydranet to several fiat currencies.
Hydranet to USD
1 HDN to $ 0.03988 USD
Hydranet to GBP
1 HDN to £ 0.03173 GBP
Hydranet to EUR
1 HDN to € 0.03823 EUR
Hydranet to KRW
1 HDN to ₩ 57.68 KRW
Hydranet to CAD
1 HDN to $ 0.05726 CAD
Hydranet to AUD
1 HDN to $ 0.06380 AUD
Hydranet to JPY
1 HDN to ¥ 6.24 JPY
Hydranet to BRL
1 HDN to R$ 0.2427 BRL
Hydranet to CNY
1 HDN to ¥ 0.2910 CNY
Hydranet to TWD
1 HDN to NT$ 1.3 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 Hydranet 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 Hydranet 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 Hydranet 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.
