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base info THORChain

THORChain to Ugandan Shilling Converter and calculator

Convert 1THORChain (RUNE) to Ugandan Shilling (UGX) equals Sh 22,715.1 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of THORChain(RUNE) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 RUNE at a value of 1 RUNE for 22,715.10 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.

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Bitget crypto-to-fiat exchange data shows that the most popular THORChain currency pair is the RUNE to UGX, with for THORChain's currency code being RUNE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

RUNE to UGX conversion rate trend

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In the past 1D, THORChain has changed -0.64% to UGX. Based on the trend and price charts, THORChain(RUNE) has changed -0.64% to UGX while Ugandan Shilling(UGX) has changed % to RUNE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh22,852.14
0.0001% / 0.0004%vip-iconVIP
Binance
Sh22,852.9
0.1000% / 0.1000%
Yes
Huobi
Sh22,873.45
0.1000% / 0.1000%
Yes
Gate.io
Sh22,830.06
0.1000% / 0.1000%
Yes
Bybit
Sh22,859.37
0.1000% / 0.1000%
Yes
KuCoin
Sh22,841.48
0.1000% / 0.1000%
Yes
Last updated 2024/06/03 03:00:43(UTC+0)

How to buy THORChain

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Buy THORChain (RUNE)
Use a variety of payment options to buy THORChain on Bitget. We'll show you how.

What factors influence the conversion rate of THORChain to Ugandan Shilling?

THORChain to Ugandan Shilling is falling this week.
THORChain's current market price is Sh 22,715.1 per RUNE, with a total market cap of Sh 7,606,907,549,910.9 UGX based on a circulating supply of 334,883,330 RUNE. The trading volume of THORChain has changed by +51.07% (Sh 205,297,848,488.85 UGX) in the last 24 hours. Last trading day, RUNE's trading volume was Sh 402,011,938,075.89.
Market cap
$2.00B
24h volume
$159.58M
Circulating supply
334.88M RUNE

Conversion tables

The exchange rate of THORChain is increasing.
1 RUNE is currently valued at Sh 22,715.1 UGX , which means buying 5 RUNE will cost Sh 113,575.49 UGX . Similarly, Sh1 UGX can be traded for 0.{4}4402 RUNE, and Sh50 UGX can be converted to 0.002201 RUNE, excluding any platform or gas fees.
The exchange rate of 1 RUNE to Ugandan Shilling has changed by -13.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.64%, reaching a high of 23,400.36 UGX and a low of 22,164.71 UGX . One month ago, the value of 1 RUNE was Sh 20,279.81 UGX , which represents a +12.01% change from its current value. Over the last year, THORChain has changed by
+Sh
3,051.14UGX
, resulting in a change of +411.54% in its value.

RUNE to UGX

Amount
03:24 am today
0.5 RUNE
Sh11,357.55
1 RUNE
Sh22,715.1
5 RUNE
Sh113,575.49
10 RUNE
Sh227,150.98
50 RUNE
Sh1,135,754.89
100 RUNE
Sh2,271,509.77
500 RUNE
Sh11,357,548.86
1000 RUNE
Sh22,715,097.72

UGX to RUNE

Amount03:24 am today
0.5UGX0.{4}2201  RUNE
1UGX0.{4}4402  RUNE
5UGX0.0002201  RUNE
10UGX0.0004402  RUNE
50UGX0.002201  RUNE
100UGX0.004402  RUNE
500UGX0.02201  RUNE
1000UGX0.04402  RUNE
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Today vs. 24 hours ago

Amount03:24 am today24 hours ago24h change
0.5 RUNE$2.98$3
-0.64%
1 RUNE$5.97$6.01
-0.64%
5 RUNE$29.84$30.04
-0.64%
10 RUNE$59.69$60.07
-0.64%
50 RUNE$298.44$300.37
-0.64%
100 RUNE$596.88$600.75
-0.64%
500 RUNE$2,984.4$3,003.74
-0.64%
1000 RUNE$5,968.79$6,007.48
-0.64%

Today vs. 1 month ago

Amount03:24 am today1 month ago1M change
0.5 RUNE$2.98$2.66
+12.01%
1 RUNE$5.97$5.33
+12.01%
5 RUNE$29.84$26.64
+12.01%
10 RUNE$59.69$53.29
+12.01%
50 RUNE$298.44$266.44
+12.01%
100 RUNE$596.88$532.89
+12.01%
500 RUNE$2,984.4$2,664.44
+12.01%
1000 RUNE$5,968.79$5,328.88
+12.01%
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Today vs. 1 year ago

Amount03:24 am today1 year ago1Y change
0.5 RUNE$2.98$0.5835
+411.54%
1 RUNE$5.97$1.17
+411.54%
5 RUNE$29.84$5.84
+411.54%
10 RUNE$59.69$11.67
+411.54%
50 RUNE$298.44$58.35
+411.54%
100 RUNE$596.88$116.7
+411.54%
500 RUNE$2,984.4$583.52
+411.54%
1000 RUNE$5,968.79$1,167.05
+411.54%

THORChain price prediction

What will the price of RUNE be in 2025?

Based on RUNE's historical price performance prediction model, the price of RUNE is projected to reach $7.14 in 2025.

What will the price of RUNE be in 2030?

In 2030, the RUNE price is expected to rise by -20.00%. By the end of 2030, the RUNE price is projected to reach $10.73, with a cumulative ROI of +79.72%.
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Buy THORChain for 1 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 THORChain 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 THORChain 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 THORChain 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.