NABOX
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 Nabox(NABOX) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 NABOX at a value of 1 NABOX for 0.02 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 Nabox currency pair is the NABOX to UGX, with for Nabox's currency code being NABOX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
NABOX to UGX conversion rate trend
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In the past 1D, Nabox has changed +2.31% to UGX. Based on the trend and price charts, Nabox(NABOX) has changed +2.31% to UGX while Ugandan Shilling(UGX) has changed % to NABOX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.01658 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/05 16:31:09(UTC+0)
How to buy Nabox
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Buy Nabox (NABOX)
Use a variety of payment options to buy Nabox on Bitget. We'll show you how.
Buy NABOX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of NABOX with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy NABOX with USDT via Bitget spot market.
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Sell NABOX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of NABOX to UGX. However, you can first exchange NABOX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Nabox to Ugandan Shilling?
Nabox to Ugandan Shilling is falling this week.Nabox's current market price is Sh 0.01658 per NABOX, with a total market cap of Sh 3,459,395,893.01 UGX based on a circulating supply of 208,614,100,000 NABOX. The trading volume of Nabox has changed by +1.82% (Sh 6,188,836.14 UGX) in the last 24 hours. Last trading day, NABOX's trading volume was Sh 339,486,348.67.
Market cap
$941.96K
24h volume
$94.12K
Circulating supply
208.61B NABOX
Conversion tables
The exchange rate of Nabox is decreasing.1 NABOX is currently valued at Sh 0.01658 UGX , which means buying 5 NABOX will cost Sh 0.08291 UGX . Similarly, Sh1 UGX can be traded for 60.3 NABOX, and Sh50 UGX can be converted to 3,015.18 NABOX, excluding any platform or gas fees.
The exchange rate of 1 NABOX to Ugandan Shilling has changed by -9.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.31%, reaching a high of 0.01671 UGX and a low of 0.01620 UGX . One month ago, the value of 1 NABOX was Sh 0.01805 UGX , which represents a -8.11% change from its current value. Over the last year, Nabox has changed by , resulting in a change of +12.25% in its value.
+Sh
0.0003403UGXNABOX to UGX
Amount
23:32 today
0.5 NABOX
Sh0.008291
1 NABOX
Sh0.01658
5 NABOX
Sh0.08291
10 NABOX
Sh0.1658
50 NABOX
Sh0.8291
100 NABOX
Sh1.66
500 NABOX
Sh8.29
1000 NABOX
Sh16.58
UGX to NABOX
Amount23:32 today
0.5UGX30.15 NABOX
1UGX60.3 NABOX
5UGX301.52 NABOX
10UGX603.04 NABOX
50UGX3,015.18 NABOX
100UGX6,030.36 NABOX
500UGX30,151.81 NABOX
1000UGX60,303.62 NABOX
Today vs. 24 hours ago
| Amount | 23:32 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NABOX | $0.{5}2258 | $0.{5}2207 | +2.31% |
| 1 NABOX | $0.{5}4515 | $0.{5}4414 | +2.31% |
| 5 NABOX | $0.{4}2258 | $0.{4}2207 | +2.31% |
| 10 NABOX | $0.{4}4515 | $0.{4}4414 | +2.31% |
| 50 NABOX | $0.0002258 | $0.0002207 | +2.31% |
| 100 NABOX | $0.0004515 | $0.0004414 | +2.31% |
| 500 NABOX | $0.002258 | $0.002207 | +2.31% |
| 1000 NABOX | $0.004515 | $0.004414 | +2.31% |
Today vs. 1 month ago
| Amount | 23:32 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NABOX | $0.{5}2258 | $0.{5}2457 | -8.11% |
| 1 NABOX | $0.{5}4515 | $0.{5}4914 | -8.11% |
| 5 NABOX | $0.{4}2258 | $0.{4}2457 | -8.11% |
| 10 NABOX | $0.{4}4515 | $0.{4}4914 | -8.11% |
| 50 NABOX | $0.0002258 | $0.0002457 | -8.11% |
| 100 NABOX | $0.0004515 | $0.0004914 | -8.11% |
| 500 NABOX | $0.002258 | $0.002457 | -8.11% |
| 1000 NABOX | $0.004515 | $0.004914 | -8.11% |
Today vs. 1 year ago
| Amount | 23:32 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NABOX | $0.{5}2258 | $0.{5}2011 | +12.25% |
| 1 NABOX | $0.{5}4515 | $0.{5}4023 | +12.25% |
| 5 NABOX | $0.{4}2258 | $0.{4}2011 | +12.25% |
| 10 NABOX | $0.{4}4515 | $0.{4}4023 | +12.25% |
| 50 NABOX | $0.0002258 | $0.0002011 | +12.25% |
| 100 NABOX | $0.0004515 | $0.0004023 | +12.25% |
| 500 NABOX | $0.002258 | $0.002011 | +12.25% |
| 1000 NABOX | $0.004515 | $0.004023 | +12.25% |
Nabox price prediction
What will the price of NABOX be in 2025?
Based on NABOX's historical price performance prediction model, the price of NABOX is projected to reach $0.{5}5928 in 2025.
What will the price of NABOX be in 2030?
In 2030, the NABOX price is expected to change by 0.00%. By the end of 2030, the NABOX price is projected to reach $0.{5}7623, with a cumulative ROI of +68.94%.
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Popular Nabox conversions
Check out these popular currency conversions of Nabox to several fiat currencies.
Nabox to USD
1 NABOX to $ 0.{5}4515 USD
Nabox to GBP
1 NABOX to £ 0.{5}3462 GBP
Nabox to EUR
1 NABOX to € 0.{5}4131 EUR
Nabox to KRW
1 NABOX to ₩ 0.006224 KRW
Nabox to CAD
1 NABOX to $ 0.{5}6243 CAD
Nabox to AUD
1 NABOX to $ 0.{5}6802 AUD
Nabox to JPY
1 NABOX to ¥ 0.0006846 JPY
Nabox to BRL
1 NABOX to R$ 0.{4}2597 BRL
Nabox to CNY
1 NABOX to ¥ 0.{4}3207 CNY
Nabox to TWD
1 NABOX to NT$ 0.0001441 TWD
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Ethereum to UGX
1 ETH to Sh 8,947,384.61 UGX
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1 TROY to Sh 16.64 UGX
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1 PEPE to Sh 0.03139 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 Nabox 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 Nabox 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 Nabox 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.
