PHAME
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 PHAME(PHAME) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 PHAME at a value of 1 PHAME for 627.47 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 PHAME currency pair is the PHAME to UGX, with for PHAME's currency code being PHAME. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
PHAME to UGX conversion rate trend
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In the past 1D, PHAME has changed +15.87% to UGX. Based on the trend and price charts, PHAME(PHAME) has changed +15.87% to UGX while Ugandan Shilling(UGX) has changed % to PHAME in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh627.44 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:32:43(UTC+0)
How to buy PHAME
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy PHAME (PHAME)
Use a variety of payment options to buy PHAME on Bitget. We'll show you how.
Buy PHAME (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of PHAME with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy PHAME 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 PHAME (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of PHAME to UGX. However, you can first exchange PHAME 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 PHAME to Ugandan Shilling?
PHAME to Ugandan Shilling is falling this week.PHAME's current market price is Sh 627.47 per PHAME, with a total market cap of Sh 0 UGX based on a circulating supply of -- PHAME. The trading volume of PHAME has changed by +33.44% (Sh 16,546,834.54 UGX) in the last 24 hours. Last trading day, PHAME's trading volume was Sh 49,478,017.81.
Market cap
$0
24h volume
$18.07K
Circulating supply
0 PHAME
Conversion tables
The exchange rate of PHAME is increasing.1 PHAME is currently valued at Sh 627.47 UGX , which means buying 5 PHAME will cost Sh 3,137.34 UGX . Similarly, Sh1 UGX can be traded for 0.001594 PHAME, and Sh50 UGX can be converted to 0.07969 PHAME, excluding any platform or gas fees.
The exchange rate of 1 PHAME to Ugandan Shilling has changed by -36.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by +15.87%, reaching a high of 683.91 UGX and a low of 509.32 UGX . One month ago, the value of 1 PHAME was Sh 615.86 UGX , which represents a +1.89% change from its current value. Over the last year, PHAME has changed by , resulting in a change of -55.06% in its value.
-Sh
768.74UGXPHAME to UGX
Amount
00:51 am today
0.5 PHAME
Sh313.73
1 PHAME
Sh627.47
5 PHAME
Sh3,137.34
10 PHAME
Sh6,274.69
50 PHAME
Sh31,373.44
100 PHAME
Sh62,746.88
500 PHAME
Sh313,734.42
1000 PHAME
Sh627,468.83
UGX to PHAME
Amount00:51 am today
0.5UGX0.0007969 PHAME
1UGX0.001594 PHAME
5UGX0.007969 PHAME
10UGX0.01594 PHAME
50UGX0.07969 PHAME
100UGX0.1594 PHAME
500UGX0.7969 PHAME
1000UGX1.59 PHAME
Today vs. 24 hours ago
| Amount | 00:51 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PHAME | $0.08587 | $0.07411 | +15.87% |
| 1 PHAME | $0.1717 | $0.1482 | +15.87% |
| 5 PHAME | $0.8587 | $0.7411 | +15.87% |
| 10 PHAME | $1.72 | $1.48 | +15.87% |
| 50 PHAME | $8.59 | $7.41 | +15.87% |
| 100 PHAME | $17.17 | $14.82 | +15.87% |
| 500 PHAME | $85.87 | $74.11 | +15.87% |
| 1000 PHAME | $171.74 | $148.22 | +15.87% |
Today vs. 1 month ago
| Amount | 00:51 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PHAME | $0.08587 | $0.08428 | +1.89% |
| 1 PHAME | $0.1717 | $0.1686 | +1.89% |
| 5 PHAME | $0.8587 | $0.8428 | +1.89% |
| 10 PHAME | $1.72 | $1.69 | +1.89% |
| 50 PHAME | $8.59 | $8.43 | +1.89% |
| 100 PHAME | $17.17 | $16.86 | +1.89% |
| 500 PHAME | $85.87 | $84.28 | +1.89% |
| 1000 PHAME | $171.74 | $168.56 | +1.89% |
Today vs. 1 year ago
| Amount | 00:51 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PHAME | $0.08587 | $0.1911 | -55.06% |
| 1 PHAME | $0.1717 | $0.3821 | -55.06% |
| 5 PHAME | $0.8587 | $1.91 | -55.06% |
| 10 PHAME | $1.72 | $3.82 | -55.06% |
| 50 PHAME | $8.59 | $19.11 | -55.06% |
| 100 PHAME | $17.17 | $38.21 | -55.06% |
| 500 PHAME | $85.87 | $191.07 | -55.06% |
| 1000 PHAME | $171.74 | $382.15 | -55.06% |
PHAME price prediction
What will the price of PHAME be in 2025?
Based on PHAME's historical price performance prediction model, the price of PHAME is projected to reach $0.3361 in 2025.
What will the price of PHAME be in 2030?
In 2030, the PHAME price is expected to change by 0.00%. By the end of 2030, the PHAME price is projected to reach $0.6238, with a cumulative ROI of +198.98%.
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Popular PHAME conversions
Check out these popular currency conversions of PHAME to several fiat currencies.
PHAME to USD
1 PHAME to $ 0.1717 USD
PHAME to GBP
1 PHAME to £ 0.1367 GBP
PHAME to EUR
1 PHAME to € 0.1646 EUR
PHAME to KRW
1 PHAME to ₩ 248.38 KRW
PHAME to CAD
1 PHAME to $ 0.2468 CAD
PHAME to AUD
1 PHAME to $ 0.2745 AUD
PHAME to JPY
1 PHAME to ¥ 26.87 JPY
PHAME to BRL
1 PHAME to R$ 1.05 BRL
PHAME to CNY
1 PHAME to ¥ 1.25 CNY
PHAME to TWD
1 PHAME to NT$ 5.6 TWD
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1 FTT to Sh 11,015.98 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 PHAME 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 PHAME 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 PHAME 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.
