ONG
UGX
Last updated as of 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 Ontology Gas(ONG) to Ugandan shilling(UGX). This is the real-time data. The current conversion shows 1 ONG at a value of 1 ONG for 810.24 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 Ontology Gas currency pair is the ONG to UGX, with for Ontology Gas's currency code being ONG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
ONG to UGX conversion rate trend
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In the past 1D, Ontology Gas has changed -2.50% to UGX. Based on the trend and price charts, Ontology Gas(ONG) has changed -2.50% to UGX while Ugandan shilling(UGX) has changed % to ONG in the last 24 hours.
How to convert ONG to UGX
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Convert ONG to UGX
Use a variety of payment options to buy Ontology Gas on Bitget. We'll show you how.
Learn MoreBuy ONG (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of ONG with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy ONG with USDT via Bitget spot market.
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Sell ONG (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of ONG to UGX. However, you can first exchange ONG 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 ONG to UGX?
Ontology Gas to Ugandan shilling is falling this week.Ontology Gas's current market price is Sh 810.24 per ONG, with a total market cap of Sh 330,532,177,142.89 UGX based on a circulating supply of 407,943,070 ONG. The trading volume of Ontology Gas has changed by -38.49% (Sh -5,015,094,628.16 UGX) in the last 24 hours. Last trading day, ONG's trading volume was Sh 13,027,945,593.2.
ONG market cap
$89.97M
ONG 24h volume
$2.18M
ONG circulating supply
407.94M ONG
ONG to UGX Conversion tables
The exchange rate of Ontology Gas is decreasing.1 ONG is currently valued at Sh 810.24 UGX , which means buying 5 ONG will cost Sh 4,051.2 UGX . Similarly, Sh1 UGX can be traded for 0.001234 ONG, and Sh50 UGX can be converted to 0.06171 ONG, excluding any platform or gas fees.
The exchange rate of 1 ONG to Ugandan shilling has changed by -12.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.50%, reaching a high of 844.53 UGX and a low of 805.82 UGX . One month ago, the value of 1 ONG was Sh 937.36 UGX , which represents a -13.60% change from its current value. Over the last year, Ontology Gas has changed by , resulting in a change of -48.77% in its value.
-Sh
769.03UGXONG to UGX
Amount
12:40 today
0.5 ONG
Sh405.12
1 ONG
Sh810.24
5 ONG
Sh4,051.2
10 ONG
Sh8,102.41
50 ONG
Sh40,512.05
100 ONG
Sh81,024.1
500 ONG
Sh405,120.48
1000 ONG
Sh810,240.96
UGX to ONG
Amount12:40 today
0.5UGX0.0006171 ONG
1UGX0.001234 ONG
5UGX0.006171 ONG
10UGX0.01234 ONG
50UGX0.06171 ONG
100UGX0.1234 ONG
500UGX0.6171 ONG
1000UGX1.23 ONG
ONG to UGX Today vs. 24 hours ago
| Amount | 12:40 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ONG | $0.1103 | $0.1131 | -2.50% |
| 1 ONG | $0.2206 | $0.2262 | -2.50% |
| 5 ONG | $1.1 | $1.13 | -2.50% |
| 10 ONG | $2.21 | $2.26 | -2.50% |
| 50 ONG | $11.03 | $11.31 | -2.50% |
| 100 ONG | $22.06 | $22.62 | -2.50% |
| 500 ONG | $110.28 | $113.1 | -2.50% |
| 1000 ONG | $220.55 | $226.2 | -2.50% |
ONG to UGX Today vs. 1 month ago
| Amount | 12:40 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ONG | $0.1103 | $0.1276 | -13.60% |
| 1 ONG | $0.2206 | $0.2552 | -13.60% |
| 5 ONG | $1.1 | $1.28 | -13.60% |
| 10 ONG | $2.21 | $2.55 | -13.60% |
| 50 ONG | $11.03 | $12.76 | -13.60% |
| 100 ONG | $22.06 | $25.52 | -13.60% |
| 500 ONG | $110.28 | $127.58 | -13.60% |
| 1000 ONG | $220.55 | $255.15 | -13.60% |
ONG to UGX Today vs. 1 year ago
| Amount | 12:40 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ONG | $0.1103 | $0.2149 | -48.77% |
| 1 ONG | $0.2206 | $0.4299 | -48.77% |
| 5 ONG | $1.1 | $2.15 | -48.77% |
| 10 ONG | $2.21 | $4.3 | -48.77% |
| 50 ONG | $11.03 | $21.49 | -48.77% |
| 100 ONG | $22.06 | $42.99 | -48.77% |
| 500 ONG | $110.28 | $214.94 | -48.77% |
| 1000 ONG | $220.55 | $429.89 | -48.77% |
Ontology Gas price prediction
What will the price of ONG be in 2026?
Based on ONG's historical price performance prediction model, the price of ONG is projected to reach $0.2239 in 2026.
What will the price of ONG be in 2031?
In 2031, the ONG price is expected to change by +43.00%. By the end of 2031, the ONG price is projected to reach $0.7546, with a cumulative ROI of +232.89%.
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Popular Ontology Gas Converter
Check out these popular currency conversions of Ontology Gas to several fiat currencies.
Ontology Gas to UGX
1 ONG to Sh 810.24 UGX
Ontology Gas to TWD
1 ONG to NT$ 7.24 TWD
Ontology Gas to CNY
1 ONG to ¥ 1.6 CNY
Ontology Gas to USD
1 ONG to $ 0.2206 USD
Ontology Gas to AUD
1 ONG to $ 0.3500 AUD
Ontology Gas to EUR
1 ONG to € 0.2036 EUR
Ontology Gas to CAD
1 ONG to $ 0.3170 CAD
Ontology Gas to KRW
1 ONG to ₩ 319.25 KRW
Ontology Gas to JPY
1 ONG to ¥ 32.65 JPY
Ontology Gas to GBP
1 ONG to £ 0.1709 GBP
Ontology Gas to BRL
1 ONG to R$ 1.28 BRL
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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 Ontology Gas 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 Ontology Gas 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 Ontology Gas 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.
