RAMA
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 Ramestta(RAMA) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 RAMA at a value of 1 RAMA for 412.36 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 Ramestta currency pair is the RAMA to UGX, with for Ramestta's currency code being RAMA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
RAMA to UGX conversion rate trend
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In the past 1D, Ramestta has changed -5.13% to UGX. Based on the trend and price charts, Ramestta(RAMA) has changed -5.13% to UGX while Ugandan Shilling(UGX) has changed % to RAMA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh390.61 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:32:41(UTC+0)
How to buy Ramestta
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Ramestta (RAMA)
Use a variety of payment options to buy Ramestta on Bitget. We'll show you how.
Buy RAMA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of RAMA with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy RAMA 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 RAMA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of RAMA to UGX. However, you can first exchange RAMA 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 Ramestta to Ugandan Shilling?
Ramestta to Ugandan Shilling is falling this week.Ramestta's current market price is Sh 412.36 per RAMA, with a total market cap of Sh 0 UGX based on a circulating supply of -- RAMA. The trading volume of Ramestta has changed by +51.07% (Sh 33,158,907.42 UGX) in the last 24 hours. Last trading day, RAMA's trading volume was Sh 64,927,331.12.
Market cap
$0
24h volume
$26.85K
Circulating supply
0 RAMA
Conversion tables
The exchange rate of Ramestta is increasing.1 RAMA is currently valued at Sh 412.36 UGX , which means buying 5 RAMA will cost Sh 2,061.81 UGX . Similarly, Sh1 UGX can be traded for 0.002425 RAMA, and Sh50 UGX can be converted to 0.1213 RAMA, excluding any platform or gas fees.
The exchange rate of 1 RAMA to Ugandan Shilling has changed by -24.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.13%, reaching a high of 489.43 UGX and a low of 368.81 UGX . One month ago, the value of 1 RAMA was Sh 175.46 UGX , which represents a +134.99% change from its current value. Over the last year, Ramestta has changed by , resulting in a change of -5.88% in its value.
-Sh
25.79UGXRAMA to UGX
Amount
21:08 today
0.5 RAMA
Sh206.18
1 RAMA
Sh412.36
5 RAMA
Sh2,061.81
10 RAMA
Sh4,123.63
50 RAMA
Sh20,618.14
100 RAMA
Sh41,236.28
500 RAMA
Sh206,181.41
1000 RAMA
Sh412,362.82
UGX to RAMA
Amount21:08 today
0.5UGX0.001213 RAMA
1UGX0.002425 RAMA
5UGX0.01213 RAMA
10UGX0.02425 RAMA
50UGX0.1213 RAMA
100UGX0.2425 RAMA
500UGX1.21 RAMA
1000UGX2.43 RAMA
Today vs. 24 hours ago
| Amount | 21:08 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAMA | $0.05643 | $0.05948 | -5.13% |
| 1 RAMA | $0.1129 | $0.1190 | -5.13% |
| 5 RAMA | $0.5643 | $0.5948 | -5.13% |
| 10 RAMA | $1.13 | $1.19 | -5.13% |
| 50 RAMA | $5.64 | $5.95 | -5.13% |
| 100 RAMA | $11.29 | $11.9 | -5.13% |
| 500 RAMA | $56.43 | $59.48 | -5.13% |
| 1000 RAMA | $112.86 | $118.97 | -5.13% |
Today vs. 1 month ago
| Amount | 21:08 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAMA | $0.05643 | $0.02401 | +134.99% |
| 1 RAMA | $0.1129 | $0.04802 | +134.99% |
| 5 RAMA | $0.5643 | $0.2401 | +134.99% |
| 10 RAMA | $1.13 | $0.4802 | +134.99% |
| 50 RAMA | $5.64 | $2.4 | +134.99% |
| 100 RAMA | $11.29 | $4.8 | +134.99% |
| 500 RAMA | $56.43 | $24.01 | +134.99% |
| 1000 RAMA | $112.86 | $48.02 | +134.99% |
Today vs. 1 year ago
| Amount | 21:08 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAMA | $0.05643 | $0.05996 | -5.88% |
| 1 RAMA | $0.1129 | $0.1199 | -5.88% |
| 5 RAMA | $0.5643 | $0.5996 | -5.88% |
| 10 RAMA | $1.13 | $1.2 | -5.88% |
| 50 RAMA | $5.64 | $6 | -5.88% |
| 100 RAMA | $11.29 | $11.99 | -5.88% |
| 500 RAMA | $56.43 | $59.96 | -5.88% |
| 1000 RAMA | $112.86 | $119.92 | -5.88% |
Ramestta price prediction
What will the price of RAMA be in 2025?
Based on RAMA's historical price performance prediction model, the price of RAMA is projected to reach $0.00 in 2025.
What will the price of RAMA be in 2030?
In 2030, the RAMA price is expected to change by +24.00%. By the end of 2030, the RAMA price is projected to reach $0.00, with a cumulative ROI of -100.00%.
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Popular Ramestta conversions
Check out these popular currency conversions of Ramestta to several fiat currencies.
Ramestta to USD
1 RAMA to $ 0.1129 USD
Ramestta to GBP
1 RAMA to £ 0.08983 GBP
Ramestta to EUR
1 RAMA to € 0.1082 EUR
Ramestta to KRW
1 RAMA to ₩ 163.25 KRW
Ramestta to CAD
1 RAMA to $ 0.1621 CAD
Ramestta to AUD
1 RAMA to $ 0.1803 AUD
Ramestta to JPY
1 RAMA to ¥ 17.66 JPY
Ramestta to BRL
1 RAMA to R$ 0.6869 BRL
Ramestta to CNY
1 RAMA to ¥ 0.8236 CNY
Ramestta to TWD
1 RAMA to NT$ 3.68 TWD
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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 Ramestta 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 Ramestta 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 Ramestta 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.
