AREA
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 Areon Network(AREA) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 AREA at a value of 1 AREA for 164.14 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 Areon Network currency pair is the AREA to UGX, with for Areon Network's currency code being AREA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
AREA to UGX conversion rate trend
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In the past 1D, Areon Network has changed -1.77% to UGX. Based on the trend and price charts, Areon Network(AREA) has changed -1.77% to UGX while Ugandan Shilling(UGX) has changed % to AREA in the last 24 hours.
Conversion rate comparison of various exchanges
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Last updated 2024/11/13 22:00:06(UTC+0)
How to buy Areon Network
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Areon Network (AREA)
Use a variety of payment options to buy Areon Network on Bitget. We'll show you how.
Buy AREA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of AREA with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy AREA 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 AREA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of AREA to UGX. However, you can first exchange AREA 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 Areon Network to Ugandan Shilling?
Areon Network to Ugandan Shilling is rising this week.Areon Network's current market price is Sh 164.14 per AREA, with a total market cap of Sh 19,608,064,342.53 UGX based on a circulating supply of 119,461,600 AREA. The trading volume of Areon Network has changed by -44.58% (Sh -937,659,349.68 UGX) in the last 24 hours. Last trading day, AREA's trading volume was Sh 2,103,148,578.57.
Market cap
$5.34M
24h volume
$317.35K
Circulating supply
119.46M AREA
Conversion tables
The exchange rate of Areon Network is increasing.1 AREA is currently valued at Sh 164.14 UGX , which means buying 5 AREA will cost Sh 820.68 UGX . Similarly, Sh1 UGX can be traded for 0.006092 AREA, and Sh50 UGX can be converted to 0.3046 AREA, excluding any platform or gas fees.
The exchange rate of 1 AREA to Ugandan Shilling has changed by +1.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.77%, reaching a high of 188.49 UGX and a low of 157.73 UGX . One month ago, the value of 1 AREA was Sh 163.18 UGX , which represents a +0.59% change from its current value. Over the last year, Areon Network has changed by , resulting in a change of -70.73% in its value.
-Sh
396.38UGXAREA to UGX
Amount
01:52 am today
0.5 AREA
Sh82.07
1 AREA
Sh164.14
5 AREA
Sh820.68
10 AREA
Sh1,641.37
50 AREA
Sh8,206.85
100 AREA
Sh16,413.7
500 AREA
Sh82,068.49
1000 AREA
Sh164,136.97
UGX to AREA
Amount01:52 am today
0.5UGX0.003046 AREA
1UGX0.006092 AREA
5UGX0.03046 AREA
10UGX0.06092 AREA
50UGX0.3046 AREA
100UGX0.6092 AREA
500UGX3.05 AREA
1000UGX6.09 AREA
Today vs. 24 hours ago
| Amount | 01:52 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 AREA | $0.02235 | $0.02275 | -1.77% |
| 1 AREA | $0.04469 | $0.04550 | -1.77% |
| 5 AREA | $0.2235 | $0.2275 | -1.77% |
| 10 AREA | $0.4469 | $0.4550 | -1.77% |
| 50 AREA | $2.23 | $2.27 | -1.77% |
| 100 AREA | $4.47 | $4.55 | -1.77% |
| 500 AREA | $22.35 | $22.75 | -1.77% |
| 1000 AREA | $44.69 | $45.5 | -1.77% |
Today vs. 1 month ago
| Amount | 01:52 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 AREA | $0.02235 | $0.02222 | +0.59% |
| 1 AREA | $0.04469 | $0.04443 | +0.59% |
| 5 AREA | $0.2235 | $0.2222 | +0.59% |
| 10 AREA | $0.4469 | $0.4443 | +0.59% |
| 50 AREA | $2.23 | $2.22 | +0.59% |
| 100 AREA | $4.47 | $4.44 | +0.59% |
| 500 AREA | $22.35 | $22.22 | +0.59% |
| 1000 AREA | $44.69 | $44.43 | +0.59% |
Today vs. 1 year ago
| Amount | 01:52 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 AREA | $0.02235 | $0.07631 | -70.73% |
| 1 AREA | $0.04469 | $0.1526 | -70.73% |
| 5 AREA | $0.2235 | $0.7631 | -70.73% |
| 10 AREA | $0.4469 | $1.53 | -70.73% |
| 50 AREA | $2.23 | $7.63 | -70.73% |
| 100 AREA | $4.47 | $15.26 | -70.73% |
| 500 AREA | $22.35 | $76.31 | -70.73% |
| 1000 AREA | $44.69 | $152.62 | -70.73% |
Areon Network price prediction
What will the price of AREA be in 2025?
Based on AREA's historical price performance prediction model, the price of AREA is projected to reach $0.05560 in 2025.
What will the price of AREA be in 2030?
In 2030, the AREA price is expected to change by +7.00%. By the end of 2030, the AREA price is projected to reach $0.08586, with a cumulative ROI of +90.03%.
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Popular Areon Network conversions
Check out these popular currency conversions of Areon Network to several fiat currencies.
Areon Network to USD
1 AREA to $ 0.04469 USD
Areon Network to GBP
1 AREA to £ 0.03517 GBP
Areon Network to EUR
1 AREA to € 0.04230 EUR
Areon Network to KRW
1 AREA to ₩ 62.8 KRW
Areon Network to CAD
1 AREA to $ 0.06253 CAD
Areon Network to AUD
1 AREA to $ 0.06884 AUD
Areon Network to JPY
1 AREA to ¥ 6.96 JPY
Areon Network to BRL
1 AREA to R$ 0.2595 BRL
Areon Network to CNY
1 AREA to ¥ 0.3231 CNY
Areon Network to TWD
1 AREA to NT$ 1.45 TWD
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1 SXCH to Sh -- 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 Areon Network 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 Areon Network 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 Areon Network 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.
