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base info Phantom Protocol

Phantom Protocol to Ugandan Shilling Converter and calculator

Convert 1Phantom Protocol (PHM) to Ugandan Shilling (UGX) equals Sh 0.2061 | Bitget
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Last updated 2024/12/28 04:45:17 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Phantom Protocol(PHM) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 PHM at a value of 1 PHM for 0.21 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Phantom Protocol currency pair is the PHM to UGX, with for Phantom Protocol's currency code being PHM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

PHM to UGX conversion rate trend

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Live Phantom Protocol (PHM) price chart
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In the past 1D, Phantom Protocol has changed +4.79% to UGX. Based on the trend and price charts, Phantom Protocol(PHM) has changed +4.79% to UGX while Ugandan Shilling(UGX) has changed -4.58% to PHM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh0.1950
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
Sh0.1923
0.1000% / 0.1000%
Yes
Last updated 2024/12/28 00:00:22(UTC+0)

How to buy Phantom Protocol

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Buy Phantom Protocol (PHM)
Use a variety of payment options to buy Phantom Protocol on Bitget. We'll show you how.

Buy PHM (or USDT) for UGX (Ugandan Shilling) offers

Bitget P2P trading does not currently support direct buying of PHM with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy PHM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
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Sell PHM (or USDT) for UGX (Ugandan Shilling) offers

Bitget P2P trading currently does not support direct selling of PHM to UGX. However, you can first exchange PHM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Phantom Protocol to Ugandan Shilling?

Phantom Protocol to Ugandan Shilling is rising this week.
Phantom Protocol's current market price is Sh 0.2061 per PHM, with a total market cap of Sh 0 UGX based on a circulating supply of -- PHM. The trading volume of Phantom Protocol has changed by -58.48% (Sh -4,607,669.77 UGX) in the last 24 hours. Last trading day, PHM's trading volume was Sh 7,878,823.24.
Market cap
$0
24h volume
$891.74316986
Circulating supply
0 PHM

Conversion tables

The exchange rate of Phantom Protocol is decreasing.
1 PHM is currently valued at Sh 0.2061 UGX , which means buying 5 PHM will cost Sh 1.03 UGX . Similarly, Sh1 UGX can be traded for 4.85 PHM, and Sh50 UGX can be converted to 242.56 PHM, excluding any platform or gas fees.
The exchange rate of 1 PHM to Ugandan Shilling has changed by +5.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.79%, reaching a high of 0.2166 UGX and a low of 0.1911 UGX . One month ago, the value of 1 PHM was Sh 0.2202 UGX , which represents a -6.39% change from its current value. Over the last year, Phantom Protocol has changed by
-Sh
0.002308UGX
, resulting in a change of -1.11% in its value.

PHM to UGX

Amount
04:45 am today
0.5 PHM
Sh0.1031
1 PHM
Sh0.2061
5 PHM
Sh1.03
10 PHM
Sh2.06
50 PHM
Sh10.31
100 PHM
Sh20.61
500 PHM
Sh103.07
1000 PHM
Sh206.13

UGX to PHM

Amount04:45 am today
0.5UGX2.43  PHM
1UGX4.85  PHM
5UGX24.26  PHM
10UGX48.51  PHM
50UGX242.56  PHM
100UGX485.13  PHM
500UGX2,425.63  PHM
1000UGX4,851.26  PHM

Today vs. 24 hours ago

Amount04:45 am today24 hours ago24h change
0.5 PHM$0.{4}2810$0.{4}2681
+4.79%
1 PHM$0.{4}5619$0.{4}5362
+4.79%
5 PHM$0.0002810$0.0002681
+4.79%
10 PHM$0.0005619$0.0005362
+4.79%
50 PHM$0.002810$0.002681
+4.79%
100 PHM$0.005619$0.005362
+4.79%
500 PHM$0.02810$0.02681
+4.79%
1000 PHM$0.05619$0.05362
+4.79%

Today vs. 1 month ago

Amount04:45 am today1 month ago1M change
0.5 PHM$0.{4}2810$0.{4}3001
-6.39%
1 PHM$0.{4}5619$0.{4}6003
-6.39%
5 PHM$0.0002810$0.0003001
-6.39%
10 PHM$0.0005619$0.0006003
-6.39%
50 PHM$0.002810$0.003001
-6.39%
100 PHM$0.005619$0.006003
-6.39%
500 PHM$0.02810$0.03001
-6.39%
1000 PHM$0.05619$0.06003
-6.39%

Today vs. 1 year ago

Amount04:45 am today1 year ago1Y change
0.5 PHM$0.{4}2810$0.{4}2841
-1.11%
1 PHM$0.{4}5619$0.{4}5682
-1.11%
5 PHM$0.0002810$0.0002841
-1.11%
10 PHM$0.0005619$0.0005682
-1.11%
50 PHM$0.002810$0.002841
-1.11%
100 PHM$0.005619$0.005682
-1.11%
500 PHM$0.02810$0.02841
-1.11%
1000 PHM$0.05619$0.05682
-1.11%

Phantom Protocol price prediction

What will the price of PHM be in 2025?

Based on PHM's historical price performance prediction model, the price of PHM is projected to reach $0.{4}5839 in 2025.

What will the price of PHM be in 2030?

In 2030, the PHM price is expected to change by -11.00%. By the end of 2030, the PHM price is projected to reach $0.{4}8836, with a cumulative ROI of +66.16%.

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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.