KANGAL
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 Kangal(KANGAL) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 KANGAL at a value of 1 KANGAL for 0.01 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 Kangal currency pair is the KANGAL to UGX, with for Kangal's currency code being KANGAL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
KANGAL to UGX conversion rate trend
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In the past 1D, Kangal has changed -1.37% to UGX. Based on the trend and price charts, Kangal(KANGAL) has changed -1.37% to UGX while Ugandan Shilling(UGX) has changed % to KANGAL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.008615 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:31:33(UTC+0)
How to buy Kangal
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Buy Kangal (KANGAL)
Use a variety of payment options to buy Kangal on Bitget. We'll show you how.
Buy KANGAL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of KANGAL with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy KANGAL with USDT via Bitget spot market.
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Sell KANGAL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of KANGAL to UGX. However, you can first exchange KANGAL 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 Kangal to Ugandan Shilling?
Kangal to Ugandan Shilling is falling this week.Kangal's current market price is Sh 0.008490 per KANGAL, with a total market cap of Sh 848,989,404.13 UGX based on a circulating supply of 100,000,000,000 KANGAL. The trading volume of Kangal has changed by +460.56% (Sh 93,283.93 UGX) in the last 24 hours. Last trading day, KANGAL's trading volume was Sh 20,254.43.
Market cap
$232.37K
24h volume
$31.07563986
Circulating supply
100.00B KANGAL
Conversion tables
The exchange rate of Kangal is decreasing.1 KANGAL is currently valued at Sh 0.008490 UGX , which means buying 5 KANGAL will cost Sh 0.04245 UGX . Similarly, Sh1 UGX can be traded for 117.79 KANGAL, and Sh50 UGX can be converted to 5,889.36 KANGAL, excluding any platform or gas fees.
The exchange rate of 1 KANGAL to Ugandan Shilling has changed by -9.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.37%, reaching a high of 0.008671 UGX and a low of 0.008490 UGX . One month ago, the value of 1 KANGAL was Sh 0.009071 UGX , which represents a -6.41% change from its current value. Over the last year, Kangal has changed by , resulting in a change of -0.83% in its value.
-Sh
0.{4}7143UGXKANGAL to UGX
Amount
18:33 today
0.5 KANGAL
Sh0.004245
1 KANGAL
Sh0.008490
5 KANGAL
Sh0.04245
10 KANGAL
Sh0.08490
50 KANGAL
Sh0.4245
100 KANGAL
Sh0.8490
500 KANGAL
Sh4.24
1000 KANGAL
Sh8.49
UGX to KANGAL
Amount18:33 today
0.5UGX58.89 KANGAL
1UGX117.79 KANGAL
5UGX588.94 KANGAL
10UGX1,177.87 KANGAL
50UGX5,889.36 KANGAL
100UGX11,778.71 KANGAL
500UGX58,893.55 KANGAL
1000UGX117,787.1 KANGAL
Today vs. 24 hours ago
| Amount | 18:33 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 KANGAL | $0.{5}1162 | $0.{5}1178 | -1.37% |
| 1 KANGAL | $0.{5}2324 | $0.{5}2356 | -1.37% |
| 5 KANGAL | $0.{4}1162 | $0.{4}1178 | -1.37% |
| 10 KANGAL | $0.{4}2324 | $0.{4}2356 | -1.37% |
| 50 KANGAL | $0.0001162 | $0.0001178 | -1.37% |
| 100 KANGAL | $0.0002324 | $0.0002356 | -1.37% |
| 500 KANGAL | $0.001162 | $0.001178 | -1.37% |
| 1000 KANGAL | $0.002324 | $0.002356 | -1.37% |
Today vs. 1 month ago
| Amount | 18:33 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 KANGAL | $0.{5}1162 | $0.{5}1241 | -6.41% |
| 1 KANGAL | $0.{5}2324 | $0.{5}2483 | -6.41% |
| 5 KANGAL | $0.{4}1162 | $0.{4}1241 | -6.41% |
| 10 KANGAL | $0.{4}2324 | $0.{4}2483 | -6.41% |
| 50 KANGAL | $0.0001162 | $0.0001241 | -6.41% |
| 100 KANGAL | $0.0002324 | $0.0002483 | -6.41% |
| 500 KANGAL | $0.001162 | $0.001241 | -6.41% |
| 1000 KANGAL | $0.002324 | $0.002483 | -6.41% |
Today vs. 1 year ago
| Amount | 18:33 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 KANGAL | $0.{5}1162 | $0.{5}1172 | -0.83% |
| 1 KANGAL | $0.{5}2324 | $0.{5}2343 | -0.83% |
| 5 KANGAL | $0.{4}1162 | $0.{4}1172 | -0.83% |
| 10 KANGAL | $0.{4}2324 | $0.{4}2343 | -0.83% |
| 50 KANGAL | $0.0001162 | $0.0001172 | -0.83% |
| 100 KANGAL | $0.0002324 | $0.0002343 | -0.83% |
| 500 KANGAL | $0.001162 | $0.001172 | -0.83% |
| 1000 KANGAL | $0.002324 | $0.002343 | -0.83% |
Kangal price prediction
What will the price of KANGAL be in 2025?
Based on KANGAL's historical price performance prediction model, the price of KANGAL is projected to reach $0.{5}3215 in 2025.
What will the price of KANGAL be in 2030?
In 2030, the KANGAL price is expected to change by +3.00%. By the end of 2030, the KANGAL price is projected to reach $0.{5}3519, with a cumulative ROI of +48.88%.
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Popular Kangal conversions
Check out these popular currency conversions of Kangal to several fiat currencies.
Kangal to USD
1 KANGAL to $ 0.{5}2324 USD
Kangal to GBP
1 KANGAL to £ 0.{5}1849 GBP
Kangal to EUR
1 KANGAL to € 0.{5}2228 EUR
Kangal to KRW
1 KANGAL to ₩ 0.003361 KRW
Kangal to CAD
1 KANGAL to $ 0.{5}3336 CAD
Kangal to AUD
1 KANGAL to $ 0.{5}3717 AUD
Kangal to JPY
1 KANGAL to ¥ 0.0003635 JPY
Kangal to BRL
1 KANGAL to R$ 0.{4}1414 BRL
Kangal to CNY
1 KANGAL to ¥ 0.{4}1696 CNY
Kangal to TWD
1 KANGAL to NT$ 0.{4}7582 TWD
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Explore other cryptocurrencies based on your interest in Kangal.
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1 IDEX to Sh 218.98 UGX
BitTorrent [New] to UGX
1 BTT to Sh 0.004107 UGX
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1 SHOGGOTH to Sh 199.32 UGX
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FTX Token to UGX
1 FTT to Sh 10,737.26 UGX
LUCE to UGX
1 LUCE to Sh 318.65 UGX
HEX (PulseChain) to UGX
1 HEX to Sh 57.74 UGX
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1 DEXE to Sh 36,983.72 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 Kangal 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 Kangal 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 Kangal 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.
