YOM
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 YOM(YOM) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 YOM at a value of 1 YOM for 85.89 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 YOM currency pair is the YOM to UGX, with for YOM's currency code being YOM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
YOM to UGX conversion rate trend
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In the past 1D, YOM has changed +2.39% to UGX. Based on the trend and price charts, YOM(YOM) has changed +2.39% to UGX while Ugandan Shilling(UGX) has changed % to YOM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh85.88 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/14 00:31:01(UTC+0)
How to buy YOM
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 YOM (YOM)
Use a variety of payment options to buy YOM on Bitget. We'll show you how.
Buy YOM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of YOM with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy YOM 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 YOM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of YOM to UGX. However, you can first exchange YOM 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 YOM to Ugandan Shilling?
YOM to Ugandan Shilling is falling this week.YOM's current market price is Sh 85.89 per YOM, with a total market cap of Sh 8,923,785,604.99 UGX based on a circulating supply of 103,899,010 YOM. The trading volume of YOM has changed by +206.00% (Sh 119,874,639.8 UGX) in the last 24 hours. Last trading day, YOM's trading volume was Sh 58,190,471.05.
Market cap
$2.43M
24h volume
$48.49K
Circulating supply
103.90M YOM
Conversion tables
The exchange rate of YOM is decreasing.1 YOM is currently valued at Sh 85.89 UGX , which means buying 5 YOM will cost Sh 429.45 UGX . Similarly, Sh1 UGX can be traded for 0.01164 YOM, and Sh50 UGX can be converted to 0.5821 YOM, excluding any platform or gas fees.
The exchange rate of 1 YOM to Ugandan Shilling has changed by -16.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.39%, reaching a high of 98.95 UGX and a low of 54.91 UGX . One month ago, the value of 1 YOM was Sh 96.79 UGX , which represents a -11.26% change from its current value. Over the last year, YOM has changed by , resulting in a change of +3849.58% in its value.
+Sh
83.71UGXYOM to UGX
Amount
00:56 am today
0.5 YOM
Sh42.94
1 YOM
Sh85.89
5 YOM
Sh429.45
10 YOM
Sh858.89
50 YOM
Sh4,294.45
100 YOM
Sh8,588.9
500 YOM
Sh42,944.52
1000 YOM
Sh85,889.04
UGX to YOM
Amount00:56 am today
0.5UGX0.005821 YOM
1UGX0.01164 YOM
5UGX0.05821 YOM
10UGX0.1164 YOM
50UGX0.5821 YOM
100UGX1.16 YOM
500UGX5.82 YOM
1000UGX11.64 YOM
Today vs. 24 hours ago
| Amount | 00:56 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 YOM | $0.01169 | $0.01142 | +2.39% |
| 1 YOM | $0.02339 | $0.02284 | +2.39% |
| 5 YOM | $0.1169 | $0.1142 | +2.39% |
| 10 YOM | $0.2339 | $0.2284 | +2.39% |
| 50 YOM | $1.17 | $1.14 | +2.39% |
| 100 YOM | $2.34 | $2.28 | +2.39% |
| 500 YOM | $11.69 | $11.42 | +2.39% |
| 1000 YOM | $23.39 | $22.84 | +2.39% |
Today vs. 1 month ago
| Amount | 00:56 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 YOM | $0.01169 | $0.01318 | -11.26% |
| 1 YOM | $0.02339 | $0.02636 | -11.26% |
| 5 YOM | $0.1169 | $0.1318 | -11.26% |
| 10 YOM | $0.2339 | $0.2636 | -11.26% |
| 50 YOM | $1.17 | $1.32 | -11.26% |
| 100 YOM | $2.34 | $2.64 | -11.26% |
| 500 YOM | $11.69 | $13.18 | -11.26% |
| 1000 YOM | $23.39 | $26.36 | -11.26% |
Today vs. 1 year ago
| Amount | 00:56 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 YOM | $0.01169 | $0.0002961 | +3849.58% |
| 1 YOM | $0.02339 | $0.0005921 | +3849.58% |
| 5 YOM | $0.1169 | $0.002961 | +3849.58% |
| 10 YOM | $0.2339 | $0.005921 | +3849.58% |
| 50 YOM | $1.17 | $0.02961 | +3849.58% |
| 100 YOM | $2.34 | $0.05921 | +3849.58% |
| 500 YOM | $11.69 | $0.2961 | +3849.58% |
| 1000 YOM | $23.39 | $0.5921 | +3849.58% |
YOM price prediction
What will the price of YOM be in 2025?
Based on YOM's historical price performance prediction model, the price of YOM is projected to reach $0.02732 in 2025.
What will the price of YOM be in 2030?
In 2030, the YOM price is expected to change by -14.00%. By the end of 2030, the YOM price is projected to reach $0.04485, with a cumulative ROI of +85.10%.
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Popular YOM conversions
Check out these popular currency conversions of YOM to several fiat currencies.
YOM to USD
1 YOM to $ 0.02339 USD
YOM to GBP
1 YOM to £ 0.01840 GBP
YOM to EUR
1 YOM to € 0.02214 EUR
YOM to KRW
1 YOM to ₩ 32.89 KRW
YOM to CAD
1 YOM to $ 0.03273 CAD
YOM to AUD
1 YOM to $ 0.03606 AUD
YOM to JPY
1 YOM to ¥ 3.64 JPY
YOM to BRL
1 YOM to R$ 0.1358 BRL
YOM to CNY
1 YOM to ¥ 0.1691 CNY
YOM to TWD
1 YOM to NT$ 0.7596 TWD
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Explore other cryptocurrencies based on your interest in YOM.
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1 SXCH to Sh -- UGX
Dogecoin to UGX
1 DOGE to Sh 1,437.87 UGX
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1 SOL to Sh 785,106.23 UGX
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1 BONK to Sh 0.1377 UGX
Cardano to UGX
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XRP to UGX
1 XRP to Sh 2,513.57 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 YOM 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 YOM 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 YOM 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.
