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ELON to UGX Converter and calculator

ELON/UGX: 1 ELON = 0.0005100 UGX. The price of converting 1 ELON Coin (ELON) to Ugandan shilling (UGX) is 0.0005100 UGX today.
ELON
ELON
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ELON to UGX real-time exchange rates, making it easy to convert ELON Coin (ELON) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 ELON is currently valued at 0.00 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ELON is currently valued at 0.00 UGX, which means buying 5 ELON would cost 0.00 UGX. Similarly, Sh1 UGX can be converted to 1,960.94 ELON, and Sh50 UGX can be converted to 9,804.7 ELON, excluding any platform or gas fees.

Convert ELON to UGX

Convert UGX to ELON

ELON Coin
Ugandan shilling
1 ELON
0.0005100  UGX
10 ELON
0.005100  UGX
100 ELON
0.05100  UGX
1000 ELON
0.5100  UGX
In the table above, you'll find a comprehensive ELON to UGX converter that shows the value of ELON Coin in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 ELON to UGX, all the way up to 10000 ELON, providing a clear view of their respective values.
Ugandan shilling
ELON Coin
100 UGX
196,093.94 ELON
200 UGX
392,187.88 ELON
1000 UGX
1,960,939.41 ELON
2000 UGX
3,921,878.82 ELON
5000 UGX
9,804,697.04 ELON
10000 UGX
19,609,394.08 ELON
50000 UGX
98,046,970.42 ELON
100000 UGX
196,093,940.84 ELON
In the table above, you'll find a comprehensive UGX to ELON converter that shows the value of Ugandan shilling in ELON Coin across commonly used conversion amounts. The list covers conversions from 1 UGX to ELON, all the way up to 100000 UGX, providing a clear view of their respective values.

ELON to UGX chart

ELON/UGX: 1 ELON = 0.0005100 UGX; 2025/05/04 13:20:16
In the past 1D, ELON Coin has changed +8.36% to UGX. Based on the trend and price charts, ELON Coin(ELON) has changed +8.36% to UGX while Ugandan shilling(UGX) has changed % to ELON in the last 24 hours.
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ELON to UGX conversion data: Volatility and price changes of ELON Coin in UGX

The highest ELON Coin price in UGX over the past 7 days was 0.002298 UGX while the lowest ELON Coin price in UGX over the past 7 days was 0.0003790 UGX. The relative change between the highs and lows in ELON Coin price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and ELON to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0005108 UGX
0.002298 UGX
0.002847 UGX
0.007973 UGX
Low
0.0004701 UGX
0.0003790 UGX
0.0003790 UGX
0.0003790 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+8.36%
-77.77%
-75.39%
-93.03%

ELON Coin information

ELON to UGX market statistics

ELON/UGX:
Sh0.0005100
ELON 24h volume:
Sh91,183,218.1
ELON market cap:
Sh349,434,454.08
ELON circulating supply:
685.22B ELON

Current ELON to UGX exchange rate

ELON Coin to Ugandan shilling is falling this week.
ELON Coin's current market price is Sh0.0005100 per ELON, with a total market cap of Sh349,434,454.08 UGX based on a circulating supply of 685,219,800,000 ELON. The trading volume of ELON Coin has changed by +2916.23% (Sh88,160,133.9 UGX) in the last 24 hours. Last trading day, ELON's trading volume was Sh3,023,084.21.

More info about ELON Coin on Bitget

Ugandan shilling 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 ELON Coin currency pair is the ELON to UGX, with for ELON Coin's currency code being ELON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert ELON to UGX

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ELON to UGX Conversion tables

The exchange rate of ELON Coin is decreasing.
The exchange rate of 1 ELON to Ugandan shilling has changed by -77.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.36%, reaching a high of 0.0005108 UGX and a low of 0.0004701 UGX . One month ago, the value of 1 ELON was Sh0.002072 UGX , which represents a -75.39% change from its current value. Over the last year, ELON Coin has changed by
-Sh
0.05421UGX
, resulting in a change of -99.07% in its value.
24 hours ago1 month ago1 year ago
Amount13:20 today24 hours ago24h change
0.5 ELONSh0.0002550Sh0.0002353
+8.36%
1 ELONSh0.0005100Sh0.0004706
+8.36%
5 ELONSh0.002550Sh0.002353
+8.36%
10 ELONSh0.005100Sh0.004706
+8.36%
50 ELONSh0.02550Sh0.02353
+8.36%
100 ELONSh0.05100Sh0.04706
+8.36%
500 ELONSh0.2550Sh0.2353
+8.36%
1000 ELONSh0.5100Sh0.4706
+8.36%

ELON to UGX FAQ

How much is 1 ELON Coin in UGX?
Right now, the price of 1 ELON Coin (ELON) in Ugandan shilling (UGX) is Sh0.0005100.
How much ELON can I buy for 1 UGX?
Based on the current exchange rate, you can get 1,960.94 ELON for 1 UGX.
How do I calculate or convert ELON to UGX?
You can use our ELON to UGX calculator at the top of this page to convert any amount of ELON to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 9,804.7 ELON, while 5 ELON will cost around 0.002550UGX.
What is the highest price of ELON/UGX in history?
The all-time high price of 1 ELON in UGX is Sh0.2866. It remains to be seen if the value of 1 ELON/UGX will exceed the current all-time high.
What is the price trend of ELON Coin in UGX?
Over the past 7 days, the exchange rate of ELON Coin (ELON) has gone down by 77.77%.   Over the last month, the exchange rate of ELON Coin (ELON) has gone down by 75.39% against Ugandan shilling (UGX).

What factors influence the conversion rate of ELON to UGX?

There are many factors that affect the relationship between ELON Coin and Ugandan shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of ELON/UGX. When there is positive news in the market about the widespread adoption of ELON or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ELON/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ELON/UGX.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of ELON/UGX. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of ELON Coin and adjust their investment strategies accordingly in the evolving market.

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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.