NESS
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 Ness LAB(NESS) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 NESS at a value of 1 NESS for 147.42 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 Ness LAB currency pair is the NESS to UGX, with for Ness LAB's currency code being NESS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
NESS to UGX conversion rate trend
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In the past 1D, Ness LAB has changed -0.10% to UGX. Based on the trend and price charts, Ness LAB(NESS) has changed -0.10% to UGX while Ugandan Shilling(UGX) has changed % to NESS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh147.28 | 0.0200% / 0.0320%  VIP 7 | |
Bybit | Sh147.46 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 16:00:14(UTC+0)
How to buy Ness LAB
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Buy Ness LAB (NESS)
Use a variety of payment options to buy Ness LAB on Bitget. We'll show you how.
Learn MoreBuy NESS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of NESS with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy NESS 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 NESS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of NESS to UGX. However, you can first exchange NESS 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 Ness LAB to Ugandan Shilling?
Ness LAB to Ugandan Shilling is rising this week.Ness LAB's current market price is Sh 147.42 per NESS, with a total market cap of Sh 0 UGX based on a circulating supply of -- NESS. The trading volume of Ness LAB has changed by -8.00% (Sh -88,196,518.80 UGX) in the last 24 hours. Last trading day, NESS's trading volume was Sh 1,102,373,806.94.
Market cap
$0
24h volume
$277.58K
Circulating supply
0 NESS
Conversion tables
The exchange rate of Ness LAB is increasing.1 NESS is currently valued at Sh 147.42 UGX , which means buying 5 NESS will cost Sh 737.09 UGX . Similarly, Sh1 UGX can be traded for 0.006783 NESS, and Sh50 UGX can be converted to 0.3392 NESS, excluding any platform or gas fees.
The exchange rate of 1 NESS to Ugandan Shilling has changed by +0.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.10%, reaching a high of 147.73 UGX and a low of 146.96 UGX . One month ago, the value of 1 NESS was Sh 145.6 UGX , which represents a +1.25% change from its current value. Over the last year, Ness LAB has changed by , resulting in a change of -84.04% in its value.
-Sh
776.38UGXNESS to UGX
Amount
21:48 today
0.5 NESS
Sh73.71
1 NESS
Sh147.42
5 NESS
Sh737.09
10 NESS
Sh1,474.18
50 NESS
Sh7,370.9
100 NESS
Sh14,741.8
500 NESS
Sh73,709.01
1000 NESS
Sh147,418.02
UGX to NESS
Amount21:48 today
0.5UGX0.003392 NESS
1UGX0.006783 NESS
5UGX0.03392 NESS
10UGX0.06783 NESS
50UGX0.3392 NESS
100UGX0.6783 NESS
500UGX3.39 NESS
1000UGX6.78 NESS
Today vs. 24 hours ago
| Amount | 21:48 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NESS | $0.02017 | $0.02019 | -0.10% |
| 1 NESS | $0.04035 | $0.04039 | -0.10% |
| 5 NESS | $0.2017 | $0.2019 | -0.10% |
| 10 NESS | $0.4035 | $0.4039 | -0.10% |
| 50 NESS | $2.02 | $2.02 | -0.10% |
| 100 NESS | $4.03 | $4.04 | -0.10% |
| 500 NESS | $20.17 | $20.19 | -0.10% |
| 1000 NESS | $40.35 | $40.39 | -0.10% |
Today vs. 1 month ago
| Amount | 21:48 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NESS | $0.02017 | $0.01993 | +1.25% |
| 1 NESS | $0.04035 | $0.03985 | +1.25% |
| 5 NESS | $0.2017 | $0.1993 | +1.25% |
| 10 NESS | $0.4035 | $0.3985 | +1.25% |
| 50 NESS | $2.02 | $1.99 | +1.25% |
| 100 NESS | $4.03 | $3.99 | +1.25% |
| 500 NESS | $20.17 | $19.93 | +1.25% |
| 1000 NESS | $40.35 | $39.85 | +1.25% |
Today vs. 1 year ago
| Amount | 21:48 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NESS | $0.02017 | $0.1264 | -84.04% |
| 1 NESS | $0.04035 | $0.2528 | -84.04% |
| 5 NESS | $0.2017 | $1.26 | -84.04% |
| 10 NESS | $0.4035 | $2.53 | -84.04% |
| 50 NESS | $2.02 | $12.64 | -84.04% |
| 100 NESS | $4.03 | $25.28 | -84.04% |
| 500 NESS | $20.17 | $126.42 | -84.04% |
| 1000 NESS | $40.35 | $252.85 | -84.04% |
Ness LAB price prediction
What will the price of NESS be in 2025?
Based on NESS's historical price performance prediction model, the price of NESS is projected to reach $0.09458 in 2025.
What will the price of NESS be in 2030?
In 2030, the NESS price is expected to change by +6.00%. By the end of 2030, the NESS price is projected to reach $0.1944, with a cumulative ROI of +372.25%.
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Popular Ness LAB conversions
Check out these popular currency conversions of Ness LAB to several fiat currencies.
Ness LAB to USD
1 NESS to $ 0.04035 USD
Ness LAB to GBP
1 NESS to £ 0.03211 GBP
Ness LAB to EUR
1 NESS to € 0.03867 EUR
Ness LAB to KRW
1 NESS to ₩ 58.36 KRW
Ness LAB to CAD
1 NESS to $ 0.05794 CAD
Ness LAB to AUD
1 NESS to $ 0.06444 AUD
Ness LAB to JPY
1 NESS to ¥ 6.31 JPY
Ness LAB to BRL
1 NESS to R$ 0.2456 BRL
Ness LAB to CNY
1 NESS to ¥ 0.2944 CNY
Ness LAB to TWD
1 NESS to NT$ 1.32 TWD
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1 FTT to Sh 10,583.22 UGX
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1 STEEM to Sh 878.69 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 Ness LAB 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 Ness LAB 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 Ness LAB 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.
