STEEM
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 Steem(STEEM) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 STEEM at a value of 1 STEEM for 823.87 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 Steem currency pair is the STEEM to UGX, with for Steem's currency code being STEEM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
STEEM to UGX conversion rate trend
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In the past 1D, Steem has changed +16.74% to UGX. Based on the trend and price charts, Steem(STEEM) has changed +16.74% to UGX while Ugandan Shilling(UGX) has changed % to STEEM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh853.3 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh816.22 | 0.1000% / 0.1000% | Yes |
Huobi | Sh816.95 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh814.39 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 16:00:12(UTC+0)
How to buy Steem
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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Steem (STEEM)
Use a variety of payment options to buy Steem on Bitget. We'll show you how.
Buy STEEM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of STEEM with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy STEEM 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 STEEM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of STEEM to UGX. However, you can first exchange STEEM 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 Steem to Ugandan Shilling?
Steem to Ugandan Shilling is falling this week.Steem's current market price is Sh 823.87 per STEEM, with a total market cap of Sh 394,771,935,976.41 UGX based on a circulating supply of 479,165,150 STEEM. The trading volume of Steem has changed by +793.45% (Sh 944,729,271,565.52 UGX) in the last 24 hours. Last trading day, STEEM's trading volume was Sh 119,065,891,869.48.
Market cap
$108.05M
24h volume
$291.16M
Circulating supply
479.17M STEEM
Conversion tables
The exchange rate of Steem is increasing.1 STEEM is currently valued at Sh 823.87 UGX , which means buying 5 STEEM will cost Sh 4,119.37 UGX . Similarly, Sh1 UGX can be traded for 0.001214 STEEM, and Sh50 UGX can be converted to 0.06069 STEEM, excluding any platform or gas fees.
The exchange rate of 1 STEEM to Ugandan Shilling has changed by -11.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +16.74%, reaching a high of 1,022.66 UGX and a low of 701.67 UGX . One month ago, the value of 1 STEEM was Sh 790.51 UGX , which represents a +4.22% change from its current value. Over the last year, Steem has changed by , resulting in a change of -11.94% in its value.
-Sh
111.66UGXSTEEM to UGX
Amount
23:32 today
0.5 STEEM
Sh411.94
1 STEEM
Sh823.87
5 STEEM
Sh4,119.37
10 STEEM
Sh8,238.74
50 STEEM
Sh41,193.72
100 STEEM
Sh82,387.45
500 STEEM
Sh411,937.23
1000 STEEM
Sh823,874.45
UGX to STEEM
Amount23:32 today
0.5UGX0.0006069 STEEM
1UGX0.001214 STEEM
5UGX0.006069 STEEM
10UGX0.01214 STEEM
50UGX0.06069 STEEM
100UGX0.1214 STEEM
500UGX0.6069 STEEM
1000UGX1.21 STEEM
Today vs. 24 hours ago
| Amount | 23:32 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 STEEM | $0.1127 | $0.09658 | +16.74% |
| 1 STEEM | $0.2255 | $0.1932 | +16.74% |
| 5 STEEM | $1.13 | $0.9658 | +16.74% |
| 10 STEEM | $2.25 | $1.93 | +16.74% |
| 50 STEEM | $11.27 | $9.66 | +16.74% |
| 100 STEEM | $22.55 | $19.32 | +16.74% |
| 500 STEEM | $112.75 | $96.58 | +16.74% |
| 1000 STEEM | $225.5 | $193.16 | +16.74% |
Today vs. 1 month ago
| Amount | 23:32 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 STEEM | $0.1127 | $0.1082 | +4.22% |
| 1 STEEM | $0.2255 | $0.2164 | +4.22% |
| 5 STEEM | $1.13 | $1.08 | +4.22% |
| 10 STEEM | $2.25 | $2.16 | +4.22% |
| 50 STEEM | $11.27 | $10.82 | +4.22% |
| 100 STEEM | $22.55 | $21.64 | +4.22% |
| 500 STEEM | $112.75 | $108.18 | +4.22% |
| 1000 STEEM | $225.5 | $216.36 | +4.22% |
Today vs. 1 year ago
| Amount | 23:32 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 STEEM | $0.1127 | $0.1280 | -11.94% |
| 1 STEEM | $0.2255 | $0.2561 | -11.94% |
| 5 STEEM | $1.13 | $1.28 | -11.94% |
| 10 STEEM | $2.25 | $2.56 | -11.94% |
| 50 STEEM | $11.27 | $12.8 | -11.94% |
| 100 STEEM | $22.55 | $25.61 | -11.94% |
| 500 STEEM | $112.75 | $128.03 | -11.94% |
| 1000 STEEM | $225.5 | $256.06 | -11.94% |
Steem price prediction
What will the price of STEEM be in 2025?
Based on STEEM's historical price performance prediction model, the price of STEEM is projected to reach $0.3045 in 2025.
What will the price of STEEM be in 2030?
In 2030, the STEEM price is expected to change by +6.00%. By the end of 2030, the STEEM price is projected to reach $0.5641, with a cumulative ROI of +179.98%.
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Popular Steem conversions
Check out these popular currency conversions of Steem to several fiat currencies.
Steem to USD
1 STEEM to $ 0.2255 USD
Steem to GBP
1 STEEM to £ 0.1795 GBP
Steem to EUR
1 STEEM to € 0.2162 EUR
Steem to KRW
1 STEEM to ₩ 326.12 KRW
Steem to CAD
1 STEEM to $ 0.3240 CAD
Steem to AUD
1 STEEM to $ 0.3604 AUD
Steem to JPY
1 STEEM to ¥ 35.27 JPY
Steem to BRL
1 STEEM to R$ 1.37 BRL
Steem to CNY
1 STEEM to ¥ 1.65 CNY
Steem to TWD
1 STEEM to NT$ 7.36 TWD
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Steem to UGX
1 STEEM to Sh 823.87 UGX
Just a chill guy to UGX
1 CHILLGUY to Sh 682.03 UGX
FTX Token to UGX
1 FTT to Sh 10,741.39 UGX
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1 XVG to Sh 48.39 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 Steem 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 Steem 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 Steem 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.
