$SPONGE
UGX
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Sponge($SPONGE) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 $SPONGE at a value of 1 $SPONGE for 0.97 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 Sponge currency pair is the $SPONGE to UGX, with for Sponge's currency code being $SPONGE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
$SPONGE to UGX conversion rate trend
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In the past 1D, Sponge has changed -58.55% to UGX. Based on the trend and price charts, Sponge($SPONGE) has changed -58.55% to UGX while Ugandan Shilling(UGX) has changed % to $SPONGE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh2.74 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh2.8 | 0.1000% / 0.1000% | Yes |
Last updated 2024/02/09 08:00:22(UTC+0)
How to buy Sponge
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Sponge ($SPONGE)
Use a variety of payment options to buy Sponge on Bitget. We'll show you how.
Buy $SPONGE (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of $SPONGE with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy $SPONGE 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 $SPONGE (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of $SPONGE to UGX. However, you can first exchange $SPONGE 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 Sponge to Ugandan Shilling?
Sponge to Ugandan Shilling is falling this week.Sponge's current market price is Sh 0.9740 per $SPONGE, with a total market cap of Sh 0 UGX based on a circulating supply of -- $SPONGE. The trading volume of Sponge has changed by +1.47% (Sh 4,172,400.84 UGX) in the last 24 hours. Last trading day, $SPONGE's trading volume was Sh 284,514,206.27.
Market cap
$0
24h volume
$77.94K
Circulating supply
0 $SPONGE
Conversion tables
The exchange rate of Sponge is increasing.1 $SPONGE is currently valued at Sh 0.9740 UGX , which means buying 5 $SPONGE will cost Sh 4.87 UGX . Similarly, Sh1 UGX can be traded for 1.03 $SPONGE, and Sh50 UGX can be converted to 51.34 $SPONGE, excluding any platform or gas fees.
The exchange rate of 1 $SPONGE to Ugandan Shilling has changed by -47.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by -58.55%, reaching a high of 2.4 UGX and a low of 0.9596 UGX . One month ago, the value of 1 $SPONGE was Sh 0.4474 UGX , which represents a +117.08% change from its current value. Over the last year, Sponge has changed by , resulting in a change of +91.55% in its value.
+Sh
0.4667UGX$SPONGE to UGX
Amount
01:18 am today
0.5 $SPONGE
Sh0.4870
1 $SPONGE
Sh0.9740
5 $SPONGE
Sh4.87
10 $SPONGE
Sh9.74
50 $SPONGE
Sh48.7
100 $SPONGE
Sh97.4
500 $SPONGE
Sh486.99
1000 $SPONGE
Sh973.99
UGX to $SPONGE
Amount01:18 am today
0.5UGX0.5134 $SPONGE
1UGX1.03 $SPONGE
5UGX5.13 $SPONGE
10UGX10.27 $SPONGE
50UGX51.34 $SPONGE
100UGX102.67 $SPONGE
500UGX513.35 $SPONGE
1000UGX1,026.71 $SPONGE
Today vs. 24 hours ago
| Amount | 01:18 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 $SPONGE | $0.0001315 | $0.0003177 | -58.55% |
| 1 $SPONGE | $0.0002629 | $0.0006353 | -58.55% |
| 5 $SPONGE | $0.001315 | $0.003177 | -58.55% |
| 10 $SPONGE | $0.002629 | $0.006353 | -58.55% |
| 50 $SPONGE | $0.01315 | $0.03177 | -58.55% |
| 100 $SPONGE | $0.02629 | $0.06353 | -58.55% |
| 500 $SPONGE | $0.1315 | $0.3177 | -58.55% |
| 1000 $SPONGE | $0.2629 | $0.6353 | -58.55% |
Today vs. 1 month ago
| Amount | 01:18 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 $SPONGE | $0.0001315 | $0.{4}6039 | +117.08% |
| 1 $SPONGE | $0.0002629 | $0.0001208 | +117.08% |
| 5 $SPONGE | $0.001315 | $0.0006039 | +117.08% |
| 10 $SPONGE | $0.002629 | $0.001208 | +117.08% |
| 50 $SPONGE | $0.01315 | $0.006039 | +117.08% |
| 100 $SPONGE | $0.02629 | $0.01208 | +117.08% |
| 500 $SPONGE | $0.1315 | $0.06039 | +117.08% |
| 1000 $SPONGE | $0.2629 | $0.1208 | +117.08% |
Today vs. 1 year ago
| Amount | 01:18 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 $SPONGE | $0.0001315 | $0.{4}6848 | +91.55% |
| 1 $SPONGE | $0.0002629 | $0.0001370 | +91.55% |
| 5 $SPONGE | $0.001315 | $0.0006848 | +91.55% |
| 10 $SPONGE | $0.002629 | $0.001370 | +91.55% |
| 50 $SPONGE | $0.01315 | $0.006848 | +91.55% |
| 100 $SPONGE | $0.02629 | $0.01370 | +91.55% |
| 500 $SPONGE | $0.1315 | $0.06848 | +91.55% |
| 1000 $SPONGE | $0.2629 | $0.1370 | +91.55% |
Sponge price prediction
What will the price of $SPONGE be in 2025?
Based on $SPONGE's historical price performance prediction model, the price of $SPONGE is projected to reach $0.0006658 in 2025.
What will the price of $SPONGE be in 2030?
In 2030, the $SPONGE price is expected to change by -19.00%. By the end of 2030, the $SPONGE price is projected to reach $0.0007110, with a cumulative ROI of +170.39%.
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Popular Sponge conversions
Check out these popular currency conversions of Sponge to several fiat currencies.
Sponge to USD
1 $SPONGE to $ 0.0002629 USD
Sponge to GBP
1 $SPONGE to £ 0.0002046 GBP
Sponge to EUR
1 $SPONGE to € 0.0002427 EUR
Sponge to KRW
1 $SPONGE to ₩ 0.3639 KRW
Sponge to CAD
1 $SPONGE to $ 0.0003580 CAD
Sponge to AUD
1 $SPONGE to $ 0.0003896 AUD
Sponge to JPY
1 $SPONGE to ¥ 0.04249 JPY
Sponge to BRL
1 $SPONGE to R$ 0.001424 BRL
Sponge to CNY
1 $SPONGE to ¥ 0.001916 CNY
Sponge to TWD
1 $SPONGE to NT$ 0.008567 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Sponge.
Bitcoin to UGX
1 BTC to Sh 213,106,659.85 UGX
Biaoqing to UGX
1 BIAO to Sh 48.59 UGX
Notcoin to UGX
1 NOT to Sh 59.79 UGX
PeiPei (ETH) to UGX
1 PEIPEI to Sh -- UGX
Pepe to UGX
1 PEPE to Sh 0.03389 UGX
Hooked Protocol to UGX
1 HOOK to Sh 1,788.76 UGX
Solana to UGX
1 SOL to Sh 524,074.76 UGX
XRP to UGX
1 XRP to Sh 1,624.7 UGX
Celestia to UGX
1 TIA to Sh 26,001.68 UGX
Toncoin to UGX
1 TON to Sh 26,856.71 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 Sponge 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 Sponge 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 Sponge 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.
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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.
