OCTA
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 OctaSpace(OCTA) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 OCTA at a value of 1 OCTA for 4,915.74 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 OctaSpace currency pair is the OCTA to UGX, with for OctaSpace's currency code being OCTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
OCTA to UGX conversion rate trend
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In the past 1D, OctaSpace has changed -4.85% to UGX. Based on the trend and price charts, OctaSpace(OCTA) has changed -4.85% to UGX while Ugandan Shilling(UGX) has changed % to OCTA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh4,971.32 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh4,854.29 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/18 00:00:21(UTC+0)
How to buy OctaSpace
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 OctaSpace (OCTA)
Use a variety of payment options to buy OctaSpace on Bitget. We'll show you how.
Buy OCTA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of OCTA with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy OCTA 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 OCTA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of OCTA to UGX. However, you can first exchange OCTA 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 OctaSpace to Ugandan Shilling?
OctaSpace to Ugandan Shilling is falling this week.OctaSpace's current market price is Sh 4,915.74 per OCTA, with a total market cap of Sh 167,517,334,506.59 UGX based on a circulating supply of 34,077,740 OCTA. The trading volume of OctaSpace has changed by -13.30% (Sh -351,570,527.69 UGX) in the last 24 hours. Last trading day, OCTA's trading volume was Sh 2,644,262,219.74.
Market cap
$46.02M
24h volume
$629.86K
Circulating supply
34.08M OCTA
Conversion tables
The exchange rate of OctaSpace is increasing.1 OCTA is currently valued at Sh 4,915.74 UGX , which means buying 5 OCTA will cost Sh 24,578.7 UGX . Similarly, Sh1 UGX can be traded for 0.0002034 OCTA, and Sh50 UGX can be converted to 0.01017 OCTA, excluding any platform or gas fees.
The exchange rate of 1 OCTA to Ugandan Shilling has changed by -15.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.85%, reaching a high of 5,168.08 UGX and a low of 4,830.69 UGX . One month ago, the value of 1 OCTA was Sh 4,269.25 UGX , which represents a +15.14% change from its current value. Over the last year, OctaSpace has changed by , resulting in a change of +54.19% in its value.
+Sh
1,727.39UGXOCTA to UGX
Amount
02:21 am today
0.5 OCTA
Sh2,457.87
1 OCTA
Sh4,915.74
5 OCTA
Sh24,578.7
10 OCTA
Sh49,157.41
50 OCTA
Sh245,787.03
100 OCTA
Sh491,574.06
500 OCTA
Sh2,457,870.28
1000 OCTA
Sh4,915,740.56
UGX to OCTA
Amount02:21 am today
0.5UGX0.0001017 OCTA
1UGX0.0002034 OCTA
5UGX0.001017 OCTA
10UGX0.002034 OCTA
50UGX0.01017 OCTA
100UGX0.02034 OCTA
500UGX0.1017 OCTA
1000UGX0.2034 OCTA
Today vs. 24 hours ago
| Amount | 02:21 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OCTA | $0.6752 | $0.7097 | -4.85% |
| 1 OCTA | $1.35 | $1.42 | -4.85% |
| 5 OCTA | $6.75 | $7.1 | -4.85% |
| 10 OCTA | $13.5 | $14.19 | -4.85% |
| 50 OCTA | $67.52 | $70.97 | -4.85% |
| 100 OCTA | $135.05 | $141.93 | -4.85% |
| 500 OCTA | $675.24 | $709.65 | -4.85% |
| 1000 OCTA | $1,350.48 | $1,419.31 | -4.85% |
Today vs. 1 month ago
| Amount | 02:21 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OCTA | $0.6752 | $0.5864 | +15.14% |
| 1 OCTA | $1.35 | $1.17 | +15.14% |
| 5 OCTA | $6.75 | $5.86 | +15.14% |
| 10 OCTA | $13.5 | $11.73 | +15.14% |
| 50 OCTA | $67.52 | $58.64 | +15.14% |
| 100 OCTA | $135.05 | $117.29 | +15.14% |
| 500 OCTA | $675.24 | $586.44 | +15.14% |
| 1000 OCTA | $1,350.48 | $1,172.87 | +15.14% |
Today vs. 1 year ago
| Amount | 02:21 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OCTA | $0.6752 | $0.4380 | +54.19% |
| 1 OCTA | $1.35 | $0.8759 | +54.19% |
| 5 OCTA | $6.75 | $4.38 | +54.19% |
| 10 OCTA | $13.5 | $8.76 | +54.19% |
| 50 OCTA | $67.52 | $43.8 | +54.19% |
| 100 OCTA | $135.05 | $87.59 | +54.19% |
| 500 OCTA | $675.24 | $437.96 | +54.19% |
| 1000 OCTA | $1,350.48 | $875.92 | +54.19% |
OctaSpace price prediction
What will the price of OCTA be in 2025?
Based on OCTA's historical price performance prediction model, the price of OCTA is projected to reach $1.67 in 2025.
What will the price of OCTA be in 2030?
In 2030, the OCTA price is expected to change by -12.00%. By the end of 2030, the OCTA price is projected to reach $4.24, with a cumulative ROI of +190.73%.
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Popular OctaSpace conversions
Check out these popular currency conversions of OctaSpace to several fiat currencies.
OctaSpace to USD
1 OCTA to $ 1.35 USD
OctaSpace to GBP
1 OCTA to £ 1.06 GBP
OctaSpace to EUR
1 OCTA to € 1.29 EUR
OctaSpace to KRW
1 OCTA to ₩ 1,941.59 KRW
OctaSpace to CAD
1 OCTA to $ 1.93 CAD
OctaSpace to AUD
1 OCTA to $ 2.13 AUD
OctaSpace to JPY
1 OCTA to ¥ 207.46 JPY
OctaSpace to BRL
1 OCTA to R$ 8.25 BRL
OctaSpace to CNY
1 OCTA to ¥ 9.84 CNY
OctaSpace to TWD
1 OCTA to NT$ 43.92 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in OctaSpace.
XRP to UGX
1 XRP to Sh 9,308.86 UGX
Solana to UGX
1 SOL to Sh 798,902.2 UGX
Stellar to UGX
1 XLM to Sh 1,591.93 UGX
Litecoin to UGX
1 LTC to Sh 467,583.64 UGX
Hedera to UGX
1 HBAR to Sh 1,052.82 UGX
Cardano to UGX
1 ADA to Sh 3,821.63 UGX
Cronos to UGX
1 CRO to Sh 685.64 UGX
Bonk to UGX
1 BONK to Sh 0.1311 UGX
VeChain to UGX
1 VET to Sh 203.17 UGX
Algorand to UGX
1 ALGO to Sh 1,485.12 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 OctaSpace 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 OctaSpace 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 OctaSpace 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.
