REF
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 Ref Finance(REF) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 REF at a value of 1 REF for 791.75 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 Ref Finance currency pair is the REF to UGX, with for Ref Finance's currency code being REF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
REF to UGX conversion rate trend
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In the past 1D, Ref Finance has changed -5.06% to UGX. Based on the trend and price charts, Ref Finance(REF) has changed -5.06% to UGX while Ugandan Shilling(UGX) has changed % to REF in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh791.75 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh789.35 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/03 21:00:21(UTC+0)
How to buy Ref Finance
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 Ref Finance (REF)
Use a variety of payment options to buy Ref Finance on Bitget. We'll show you how.
Buy REF (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of REF with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy REF 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 REF (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of REF to UGX. However, you can first exchange REF for USDT in the Bitget spot market, and then sell USDT to UGX in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|---|---|---|---|
R RAGNAR255  2 trades｜Completion rate 100.00% | 4000 UGX | Amount12223.12 USDT Limit110000 - 49852000 UGX |  | |
j jonioluks 0 trades｜Completion rate 0.00% | 3501.01 UGX | Amount10000 USDT Limit110000 - 200000 UGX |   | |
T The_P2P_Plug 0 trades｜Completion rate 0.00% | 3501 UGX | Amount45840 USDT Limit110000 - 55000000 UGX | | |
L LAGERTHA255 2 trades｜Completion rate 100.00% | 3500 UGX | Amount10000 USDT Limit110000 - 960000 UGX | | |
G GYYDA 2 trades｜Completion rate 100.00% | 3500 UGX | Amount10000 USDT Limit110000 - 35000000 UGX | |
What factors influence the conversion rate of Ref Finance to Ugandan Shilling?
Ref Finance to Ugandan Shilling is falling this week.Ref Finance's current market price is Sh 791.75 per REF, with a total market cap of Sh 27,086,632,773.24 UGX based on a circulating supply of 34,211,284 REF. The trading volume of Ref Finance has changed by -8.96% (Sh -28,122,920.45 UGX) in the last 24 hours. Last trading day, REF's trading volume was Sh 313,857,868.49.
Market cap
$7.34M
24h volume
$77.39K
Circulating supply
34.21M REF
Conversion tables
The exchange rate of Ref Finance is decreasing.1 REF is currently valued at Sh 791.75 UGX , which means buying 5 REF will cost Sh 3,958.73 UGX . Similarly, Sh1 UGX can be traded for 0.001263 REF, and Sh50 UGX can be converted to 0.06315 REF, excluding any platform or gas fees.
The exchange rate of 1 REF to Ugandan Shilling has changed by -5.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.06%, reaching a high of 838.05 UGX and a low of 790.49 UGX . One month ago, the value of 1 REF was Sh 1,146.57 UGX , which represents a -30.95% change from its current value. Over the last year, Ref Finance has changed by , resulting in a change of +154.00% in its value.
+Sh
480.06UGXREF to UGX
Amount
21:05 today
0.5 REF
Sh395.87
1 REF
Sh791.75
5 REF
Sh3,958.73
10 REF
Sh7,917.46
50 REF
Sh39,587.28
100 REF
Sh79,174.56
500 REF
Sh395,872.81
1000 REF
Sh791,745.62
UGX to REF
Amount21:05 today
0.5UGX0.0006315 REF
1UGX0.001263 REF
5UGX0.006315 REF
10UGX0.01263 REF
50UGX0.06315 REF
100UGX0.1263 REF
500UGX0.6315 REF
1000UGX1.26 REF
Today vs. 24 hours ago
| Amount | 21:05 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 REF | $0.1072 | $0.1129 | -5.06% |
| 1 REF | $0.2144 | $0.2259 | -5.06% |
| 5 REF | $1.07 | $1.13 | -5.06% |
| 10 REF | $2.14 | $2.26 | -5.06% |
| 50 REF | $10.72 | $11.29 | -5.06% |
| 100 REF | $21.44 | $22.59 | -5.06% |
| 500 REF | $107.22 | $112.94 | -5.06% |
| 1000 REF | $214.45 | $225.88 | -5.06% |
Today vs. 1 month ago
| Amount | 21:05 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 REF | $0.1072 | $0.1553 | -30.95% |
| 1 REF | $0.2144 | $0.3106 | -30.95% |
| 5 REF | $1.07 | $1.55 | -30.95% |
| 10 REF | $2.14 | $3.11 | -30.95% |
| 50 REF | $10.72 | $15.53 | -30.95% |
| 100 REF | $21.44 | $31.06 | -30.95% |
| 500 REF | $107.22 | $155.28 | -30.95% |
| 1000 REF | $214.45 | $310.55 | -30.95% |
Today vs. 1 year ago
| Amount | 21:05 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 REF | $0.1072 | $0.04221 | +154.00% |
| 1 REF | $0.2144 | $0.08442 | +154.00% |
| 5 REF | $1.07 | $0.4221 | +154.00% |
| 10 REF | $2.14 | $0.8442 | +154.00% |
| 50 REF | $10.72 | $4.22 | +154.00% |
| 100 REF | $21.44 | $8.44 | +154.00% |
| 500 REF | $107.22 | $42.21 | +154.00% |
| 1000 REF | $214.45 | $84.42 | +154.00% |
Ref Finance price prediction
What will the price of REF be in 2025?
Based on REF's historical price performance prediction model, the price of REF is projected to reach $0.2789 in 2025.
What will the price of REF be in 2030?
In 2030, the REF price is expected to change by -1.00%. By the end of 2030, the REF price is projected to reach $0.4716, with a cumulative ROI of +119.90%.
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Popular Ref Finance conversions
Check out these popular currency conversions of Ref Finance to several fiat currencies.
Ref Finance to USD
1 REF to $ 0.2144 USD
Ref Finance to GBP
1 REF to £ 0.1683 GBP
Ref Finance to EUR
1 REF to € 0.1988 EUR
Ref Finance to KRW
1 REF to ₩ 297.46 KRW
Ref Finance to CAD
1 REF to $ 0.2924 CAD
Ref Finance to AUD
1 REF to $ 0.3199 AUD
Ref Finance to JPY
1 REF to ¥ 34.68 JPY
Ref Finance to BRL
1 REF to R$ 1.19 BRL
Ref Finance to CNY
1 REF to ¥ 1.56 CNY
Ref Finance to TWD
1 REF to NT$ 6.99 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Ref Finance.
LayerZero to UGX
1 ZRO to Sh 13,365.17 UGX
Gorilla to UGX
1 GORILLA to Sh 12.98 UGX
LandWolf (SOL) to UGX
1 WOLF to Sh -- UGX
Bitcoin to UGX
1 BTC to Sh 219,449,870.34 UGX
AMC to UGX
1 AMC to Sh -- UGX
Toncoin to UGX
1 TON to Sh 28,749.37 UGX
Solana to UGX
1 SOL to Sh 517,044.71 UGX
Notcoin to UGX
1 NOT to Sh 46.56 UGX
Pendle to UGX
1 PENDLE to Sh 14,678.08 UGX
Pepe to UGX
1 PEPE to Sh 0.03713 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 Ref Finance 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 Ref Finance 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 Ref Finance 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.
Buy Ref Finance for 1 UGX
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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.
