INDY
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 Indigo Protocol(INDY) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 INDY at a value of 1 INDY for 3,015.26 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 Indigo Protocol currency pair is the INDY to UGX, with for Indigo Protocol's currency code being INDY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
INDY to UGX conversion rate trend
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In the past 1D, Indigo Protocol has changed -0.39% to UGX. Based on the trend and price charts, Indigo Protocol(INDY) has changed -0.39% to UGX while Ugandan Shilling(UGX) has changed % to INDY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh2,962.84 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/05 08:30:52(UTC+0)
How to buy Indigo Protocol
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Indigo Protocol (INDY)
Use a variety of payment options to buy Indigo Protocol on Bitget. We'll show you how.
Buy INDY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of INDY with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy INDY 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 INDY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of INDY to UGX. However, you can first exchange INDY 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 Indigo Protocol to Ugandan Shilling?
Indigo Protocol to Ugandan Shilling is rising this week.Indigo Protocol's current market price is Sh 3,015.26 per INDY, with a total market cap of Sh 15,513,182,784.22 UGX based on a circulating supply of 5,144,893 INDY. The trading volume of Indigo Protocol has changed by -13.42% (Sh -11,190,129.38 UGX) in the last 24 hours. Last trading day, INDY's trading volume was Sh 83,366,580.56.
Market cap
$4.22M
24h volume
$19.65K
Circulating supply
5.14M INDY
Conversion tables
The exchange rate of Indigo Protocol is increasing.1 INDY is currently valued at Sh 3,015.26 UGX , which means buying 5 INDY will cost Sh 15,076.29 UGX . Similarly, Sh1 UGX can be traded for 0.0003316 INDY, and Sh50 UGX can be converted to 0.01658 INDY, excluding any platform or gas fees.
The exchange rate of 1 INDY to Ugandan Shilling has changed by +6.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.39%, reaching a high of 3,016.19 UGX and a low of 2,877.85 UGX . One month ago, the value of 1 INDY was Sh 2,352.5 UGX , which represents a +28.16% change from its current value. Over the last year, Indigo Protocol has changed by , resulting in a change of -65.38% in its value.
-Sh
5,696.54UGXINDY to UGX
Amount
14:48 today
0.5 INDY
Sh1,507.63
1 INDY
Sh3,015.26
5 INDY
Sh15,076.29
10 INDY
Sh30,152.59
50 INDY
Sh150,762.93
100 INDY
Sh301,525.86
500 INDY
Sh1,507,629.3
1000 INDY
Sh3,015,258.59
UGX to INDY
Amount14:48 today
0.5UGX0.0001658 INDY
1UGX0.0003316 INDY
5UGX0.001658 INDY
10UGX0.003316 INDY
50UGX0.01658 INDY
100UGX0.03316 INDY
500UGX0.1658 INDY
1000UGX0.3316 INDY
Today vs. 24 hours ago
| Amount | 14:48 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 INDY | $0.4105 | $0.4121 | -0.39% |
| 1 INDY | $0.8210 | $0.8242 | -0.39% |
| 5 INDY | $4.11 | $4.12 | -0.39% |
| 10 INDY | $8.21 | $8.24 | -0.39% |
| 50 INDY | $41.05 | $41.21 | -0.39% |
| 100 INDY | $82.1 | $82.42 | -0.39% |
| 500 INDY | $410.51 | $412.12 | -0.39% |
| 1000 INDY | $821.02 | $824.23 | -0.39% |
Today vs. 1 month ago
| Amount | 14:48 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 INDY | $0.4105 | $0.3203 | +28.16% |
| 1 INDY | $0.8210 | $0.6406 | +28.16% |
| 5 INDY | $4.11 | $3.2 | +28.16% |
| 10 INDY | $8.21 | $6.41 | +28.16% |
| 50 INDY | $41.05 | $32.03 | +28.16% |
| 100 INDY | $82.1 | $64.06 | +28.16% |
| 500 INDY | $410.51 | $320.28 | +28.16% |
| 1000 INDY | $821.02 | $640.56 | +28.16% |
Today vs. 1 year ago
| Amount | 14:48 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 INDY | $0.4105 | $1.19 | -65.38% |
| 1 INDY | $0.8210 | $2.37 | -65.38% |
| 5 INDY | $4.11 | $11.86 | -65.38% |
| 10 INDY | $8.21 | $23.72 | -65.38% |
| 50 INDY | $41.05 | $118.61 | -65.38% |
| 100 INDY | $82.1 | $237.21 | -65.38% |
| 500 INDY | $410.51 | $1,186.07 | -65.38% |
| 1000 INDY | $821.02 | $2,372.13 | -65.38% |
Indigo Protocol price prediction
What will the price of INDY be in 2025?
Based on INDY's historical price performance prediction model, the price of INDY is projected to reach $1.32 in 2025.
What will the price of INDY be in 2030?
In 2030, the INDY price is expected to change by +2.00%. By the end of 2030, the INDY price is projected to reach $1.81, with a cumulative ROI of +118.83%.
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Popular Indigo Protocol conversions
Check out these popular currency conversions of Indigo Protocol to several fiat currencies.
Indigo Protocol to USD
1 INDY to $ 0.8210 USD
Indigo Protocol to GBP
1 INDY to £ 0.6321 GBP
Indigo Protocol to EUR
1 INDY to € 0.7535 EUR
Indigo Protocol to KRW
1 INDY to ₩ 1,133.3 KRW
Indigo Protocol to CAD
1 INDY to $ 1.14 CAD
Indigo Protocol to AUD
1 INDY to $ 1.24 AUD
Indigo Protocol to JPY
1 INDY to ¥ 125.05 JPY
Indigo Protocol to BRL
1 INDY to R$ 4.75 BRL
Indigo Protocol to CNY
1 INDY to ¥ 5.83 CNY
Indigo Protocol to TWD
1 INDY to NT$ 26.22 TWD
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1 GRASS to Sh -- UGX
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1 TROY to Sh 16.3 UGX
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1 PEPE to Sh 0.03134 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 Indigo Protocol 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 Indigo Protocol 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 Indigo Protocol 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.
