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Biconomy Exchange Token to Ugandan shilling (BIT to UGX)

BIT to UGX Converter and calculator

BIT/UGX: 1 BIT = 0.01967 UGX. The price of converting 1 Biconomy Exchange Token (BIT) to Ugandan shilling (UGX) is 0.01967 UGX today.
BIT
BIT
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BIT to UGX real-time exchange rates, making it easy to convert Biconomy Exchange Token (BIT) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 BIT is currently valued at 0.01967 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BIT is currently valued at 0.01967 UGX, which means buying 5 BIT would cost 0.09836 UGX. Similarly, Sh1 UGX can be converted to 50.83 BIT, and Sh50 UGX can be converted to 254.16 BIT, excluding any platform or gas fees.

Convert BIT to UGX

Convert UGX to BIT

Biconomy Exchange Token
Ugandan shilling
1 BIT
0.01967  UGX
Exchange 1 BIT for 0.01967 UGX
2 BIT
0.03935  UGX
Exchange 2 BIT for 0.03935 UGX
5 BIT
0.09836  UGX
Exchange 5 BIT for 0.09836 UGX
10 BIT
0.1967  UGX
Exchange 10 BIT for 0.1967 UGX
20 BIT
0.3935  UGX
Exchange 20 BIT for 0.3935 UGX
50 BIT
0.9836  UGX
Exchange 50 BIT for 0.9836 UGX
100 BIT
1.97  UGX
Exchange 100 BIT for 1.97 UGX
200 BIT
3.93  UGX
Exchange 200 BIT for 3.93 UGX
500 BIT
9.84  UGX
Exchange 500 BIT for 9.84 UGX
1000 BIT
19.67  UGX
Exchange 1000 BIT for 19.67 UGX
5000 BIT
98.36  UGX
Exchange 5000 BIT for 98.36 UGX
10000 BIT
196.73  UGX
Exchange 10000 BIT for 196.73 UGX
In the table above, you'll find a comprehensive BIT to UGX converter that shows the value of Biconomy Exchange Token in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 BIT to UGX, all the way up to 10000 BIT, providing a clear view of their respective values.
Ugandan shilling
Biconomy Exchange Token
1 UGX
50.83 BIT
Exchange 1 UGX for 50.83 BIT
10 UGX
508.32 BIT
Exchange 10 UGX for 508.32 BIT
50 UGX
2,541.59 BIT
Exchange 50 UGX for 2,541.59 BIT
100 UGX
5,083.19 BIT
Exchange 100 UGX for 5,083.19 BIT
200 UGX
10,166.38 BIT
Exchange 200 UGX for 10,166.38 BIT
500 UGX
25,415.95 BIT
Exchange 500 UGX for 25,415.95 BIT
1000 UGX
50,831.9 BIT
Exchange 1000 UGX for 50,831.9 BIT
2000 UGX
101,663.8 BIT
Exchange 2000 UGX for 101,663.8 BIT
5000 UGX
254,159.49 BIT
Exchange 5000 UGX for 254,159.49 BIT
10000 UGX
508,318.99 BIT
Exchange 10000 UGX for 508,318.99 BIT
50000 UGX
2,541,594.93 BIT
Exchange 50000 UGX for 2,541,594.93 BIT
100000 UGX
5,083,189.86 BIT
Exchange 100000 UGX for 5,083,189.86 BIT
In the table above, you'll find a comprehensive UGX to BIT converter that shows the value of Ugandan shilling in Biconomy Exchange Token across commonly used conversion amounts. The list covers conversions from 1 UGX to BIT, all the way up to 100000 UGX, providing a clear view of their respective values.

BIT to UGX chart

BIT/UGX: 1 BIT = 0.01967 UGX; 2026/01/13 13:43:13
In the past 1D, Biconomy Exchange Token has changed -4.84% to UGX. Based on the trend and price charts, Biconomy Exchange Token(BIT) has changed -4.84% to UGX while Ugandan shilling(UGX) has changed % to BIT in the last 24 hours.
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BIT to UGX conversion data: Volatility and price changes of in UGX

The highest price in UGX over the past 7 days was 0.02461 UGX while the lowest price in UGX over the past 7 days was 0.01965 UGX. The relative change between the highs and lows in price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and BIT to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.02071 UGX
0.02461 UGX
0.03012 UGX
0.04972 UGX
Low
0.01965 UGX
0.01965 UGX
0.01963 UGX
0.01963 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-4.84%
-22.11%
-3.89%
-60.29%

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Biconomy Exchange Token information

BIT to UGX market statistics

BIT/UGX:
Sh0.01967
BIT 24h volume:
Sh8,203,431,731.96
BIT market cap:
--
BIT circulating supply:
0 BIT

Current BIT to UGX exchange rate

Biconomy Exchange Token to Ugandan shilling is falling this week.
Biconomy Exchange Token's current market price is Sh0.01967 per BIT, with a total market cap of Sh0 UGX based on a circulating supply of -- BIT. The trading volume of Biconomy Exchange Token has changed by +8.72% (Sh657,909,200.56 UGX) in the last 24 hours. Last trading day, BIT's trading volume was Sh7,545,522,531.41.

More info about Biconomy Exchange Token on Bitget

Ugandan shilling 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 Biconomy Exchange Token currency pair is the BIT to UGX, with for Biconomy Exchange Token's currency code being BIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert BIT to UGX

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BIT to UGX Conversion tables

The exchange rate of Biconomy Exchange Token is decreasing.
The exchange rate of 1 BIT to Ugandan shilling has changed by -22.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.84%, reaching a high of 0.02071 UGX and a low of 0.01965 UGX . One month ago, the value of 1 BIT was Sh0.02047 UGX , which represents a -3.89% change from its current value. Over the last year, Biconomy Exchange Token has changed by
-Sh
0.008198UGX
, resulting in a change of -29.41% in its value.
24 hours ago1 month ago1 year ago
Amount 13:43 today 24 hours ago 24h change
0.5 BIT
Sh0.009836Sh0.01034
-4.84%
1 BIT
Sh0.01967Sh0.02067
-4.84%
5 BIT
Sh0.09836Sh0.1034
-4.84%
10 BIT
Sh0.1967Sh0.2067
-4.84%
50 BIT
Sh0.9836Sh1.03
-4.84%
100 BIT
Sh1.97Sh2.07
-4.84%
500 BIT
Sh9.84Sh10.34
-4.84%
1000 BIT
Sh19.67Sh20.67
-4.84%

BIT to UGX FAQ

How much is 1 Biconomy Exchange Token in UGX?
Right now, the price of 1 Biconomy Exchange Token (BIT) in Ugandan shilling (UGX) is Sh0.01967.
How much BIT can I buy for 1 UGX?
Based on the current exchange rate, you can get 50.83 BIT for 1 UGX.
How do I calculate or convert BIT to UGX?
You can use our BIT to UGX calculator at the top of this page to convert any amount of BIT to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 254.16 BIT, while 5 BIT will cost around 0.09836UGX.
What is the highest price of BIT/UGX in history?
The all-time high price of 1 BIT in UGX is Sh1. It remains to be seen if the value of 1 BIT/UGX will exceed the current all-time high.
What is the price trend of in UGX?
Over the past 7 days, the exchange rate of Biconomy Exchange Token (BIT) has gone down by 22.11%.   Over the last month, the exchange rate of Biconomy Exchange Token (BIT) has gone down by 3.89% against Ugandan shilling (UGX).

What factors influence the conversion rate of BIT to UGX?

There are many factors that affect the relationship between Biconomy Exchange Token and Ugandan shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of BIT/UGX. When there is positive news in the market about the widespread adoption of BIT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BIT/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BIT/UGX.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of BIT/UGX. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Biconomy Exchange Token and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Biconomy Exchange Token currency pairs: BIT to US Dollar (USD), BIT to Euro (EUR), BIT to Pound Sterling (GBP), BIT to Canadian Dollar (CAD), BIT to Indian Rupee (INR), BIT to Pakistani Rupee (PKR), BIT to Brazilian Real (BRL), BIT to…
The price of Biconomy Exchange Token in the US is $0.₹0.00049165448 USD. Additionally, Biconomy Exchange Token’s price is €0.{5}4670 EUR in the eurozone, £0.{5}4045 GBP in the UK, C$0.{5}7564 CAD in Canada, {5} INR in India, ₨0.001528 PKR in Pakistan, R$0.{4}2926 BRL in Brazil, and more.
The most popular Biconomy Exchange Token currency pair is the BIT to Ugandan shilling(UGX). The price of 1 Biconomy Exchange Token (BIT) in Ugandan shilling (UGX) is Sh0.01967.

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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.
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