AXEL
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 AXEL(AXEL) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 AXEL at a value of 1 AXEL for 414.76 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 AXEL currency pair is the AXEL to UGX, with for AXEL's currency code being AXEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
AXEL to UGX conversion rate trend
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In the past 1D, AXEL has changed -0.24% to UGX. Based on the trend and price charts, AXEL(AXEL) has changed -0.24% to UGX while Ugandan Shilling(UGX) has changed % to AXEL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh413.69 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 00:30:30(UTC+0)
How to buy AXEL
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 AXEL (AXEL)
Use a variety of payment options to buy AXEL on Bitget. We'll show you how.
Buy AXEL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of AXEL with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy AXEL 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 AXEL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of AXEL to UGX. However, you can first exchange AXEL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of AXEL to Ugandan Shilling?
AXEL to Ugandan Shilling is rising this week.AXEL's current market price is Sh 414.76 per AXEL, with a total market cap of Sh 117,418,604,485.8 UGX based on a circulating supply of 283,102,720 AXEL. The trading volume of AXEL has changed by +16.99% (Sh 4,261,168.68 UGX) in the last 24 hours. Last trading day, AXEL's trading volume was Sh 25,073,220.1.
Market cap
$31.79M
24h volume
$7.94K
Circulating supply
283.10M AXEL
Conversion tables
The exchange rate of AXEL is increasing.1 AXEL is currently valued at Sh 414.76 UGX , which means buying 5 AXEL will cost Sh 2,073.78 UGX . Similarly, Sh1 UGX can be traded for 0.002411 AXEL, and Sh50 UGX can be converted to 0.1206 AXEL, excluding any platform or gas fees.
The exchange rate of 1 AXEL to Ugandan Shilling has changed by +43.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.24%, reaching a high of 418.85 UGX and a low of 410.22 UGX . One month ago, the value of 1 AXEL was Sh 299.88 UGX , which represents a +38.31% change from its current value. Over the last year, AXEL has changed by , resulting in a change of -35.75% in its value.
-Sh
230.74UGXAXEL to UGX
Amount
02:11 am today
0.5 AXEL
Sh207.38
1 AXEL
Sh414.76
5 AXEL
Sh2,073.78
10 AXEL
Sh4,147.56
50 AXEL
Sh20,737.81
100 AXEL
Sh41,475.62
500 AXEL
Sh207,378.09
1000 AXEL
Sh414,756.18
UGX to AXEL
Amount02:11 am today
0.5UGX0.001206 AXEL
1UGX0.002411 AXEL
5UGX0.01206 AXEL
10UGX0.02411 AXEL
50UGX0.1206 AXEL
100UGX0.2411 AXEL
500UGX1.21 AXEL
1000UGX2.41 AXEL
Today vs. 24 hours ago
| Amount | 02:11 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 AXEL | $0.05614 | $0.05627 | -0.24% |
| 1 AXEL | $0.1123 | $0.1125 | -0.24% |
| 5 AXEL | $0.5614 | $0.5627 | -0.24% |
| 10 AXEL | $1.12 | $1.13 | -0.24% |
| 50 AXEL | $5.61 | $5.63 | -0.24% |
| 100 AXEL | $11.23 | $11.25 | -0.24% |
| 500 AXEL | $56.14 | $56.27 | -0.24% |
| 1000 AXEL | $112.28 | $112.55 | -0.24% |
Today vs. 1 month ago
| Amount | 02:11 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 AXEL | $0.05614 | $0.04059 | +38.31% |
| 1 AXEL | $0.1123 | $0.08118 | +38.31% |
| 5 AXEL | $0.5614 | $0.4059 | +38.31% |
| 10 AXEL | $1.12 | $0.8118 | +38.31% |
| 50 AXEL | $5.61 | $4.06 | +38.31% |
| 100 AXEL | $11.23 | $8.12 | +38.31% |
| 500 AXEL | $56.14 | $40.59 | +38.31% |
| 1000 AXEL | $112.28 | $81.18 | +38.31% |
Today vs. 1 year ago
| Amount | 02:11 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 AXEL | $0.05614 | $0.08737 | -35.75% |
| 1 AXEL | $0.1123 | $0.1747 | -35.75% |
| 5 AXEL | $0.5614 | $0.8737 | -35.75% |
| 10 AXEL | $1.12 | $1.75 | -35.75% |
| 50 AXEL | $5.61 | $8.74 | -35.75% |
| 100 AXEL | $11.23 | $17.47 | -35.75% |
| 500 AXEL | $56.14 | $87.37 | -35.75% |
| 1000 AXEL | $112.28 | $174.74 | -35.75% |
AXEL price prediction
What will the price of AXEL be in 2025?
Based on AXEL's historical price performance prediction model, the price of AXEL is projected to reach $0.1549 in 2025.
What will the price of AXEL be in 2030?
In 2030, the AXEL price is expected to change by -12.00%. By the end of 2030, the AXEL price is projected to reach $0.1690, with a cumulative ROI of +56.85%.
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Popular AXEL conversions
Check out these popular currency conversions of AXEL to several fiat currencies.
AXEL to USD
1 AXEL to $ 0.1123 USD
AXEL to GBP
1 AXEL to £ 0.08960 GBP
AXEL to EUR
1 AXEL to € 0.1078 EUR
AXEL to KRW
1 AXEL to ₩ 157.69 KRW
AXEL to CAD
1 AXEL to $ 0.1575 CAD
AXEL to AUD
1 AXEL to $ 0.1726 AUD
AXEL to JPY
1 AXEL to ¥ 17.38 JPY
AXEL to BRL
1 AXEL to R$ 0.6513 BRL
AXEL to CNY
1 AXEL to ¥ 0.8144 CNY
AXEL to TWD
1 AXEL to NT$ 3.66 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in AXEL.
Bitcoin to UGX
1 BTC to Sh 363,734,422.47 UGX
EGO to UGX
1 EGO to Sh 76.11 UGX
Evan to UGX
1 EVAN to Sh 86.38 UGX
MAD to UGX
1 MAD to Sh 0.1162 UGX
Dogecoin to UGX
1 DOGE to Sh 1,665.44 UGX
Stellar to UGX
1 XLM to Sh 1,913.83 UGX
Hedera to UGX
1 HBAR to Sh 568.66 UGX
Sui to UGX
1 SUI to Sh 13,082.39 UGX
Algorand to UGX
1 ALGO to Sh 1,080.02 UGX
VeChain to UGX
1 VET to Sh 160.85 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 AXEL 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 AXEL 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 AXEL 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.
