SNEED
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 Sneed(SNEED) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 SNEED at a value of 1 SNEED for 311,524.06 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 Sneed currency pair is the SNEED to UGX, with for Sneed's currency code being SNEED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
SNEED to UGX conversion rate trend
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In the past 1D, Sneed has changed +4.39% to UGX. Based on the trend and price charts, Sneed(SNEED) has changed +4.39% to UGX while Ugandan Shilling(UGX) has changed % to SNEED in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh319,090.96 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 16:33:12(UTC+0)
How to buy Sneed
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Sneed (SNEED)
Use a variety of payment options to buy Sneed on Bitget. We'll show you how.
Buy SNEED (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of SNEED with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy SNEED with USDT via Bitget spot market.
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Sell SNEED (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of SNEED to UGX. However, you can first exchange SNEED 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 Sneed to Ugandan Shilling?
Sneed to Ugandan Shilling is rising this week.Sneed's current market price is Sh 311,524.06 per SNEED, with a total market cap of Sh 0 UGX based on a circulating supply of -- SNEED. The trading volume of Sneed has changed by +66.19% (Sh 6,698,122.59 UGX) in the last 24 hours. Last trading day, SNEED's trading volume was Sh 10,119,615.02.
Market cap
$0
24h volume
$4.54K
Circulating supply
0 SNEED
Conversion tables
The exchange rate of Sneed is increasing.1 SNEED is currently valued at Sh 311,524.06 UGX , which means buying 5 SNEED will cost Sh 1,557,620.31 UGX . Similarly, Sh1 UGX can be traded for 0.{5}3210 SNEED, and Sh50 UGX can be converted to 0.0001605 SNEED, excluding any platform or gas fees.
The exchange rate of 1 SNEED to Ugandan Shilling has changed by +24.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.39%, reaching a high of 342,714.35 UGX and a low of 298,048.95 UGX . One month ago, the value of 1 SNEED was Sh 223,878.31 UGX , which represents a +38.97% change from its current value. Over the last year, Sneed has changed by , resulting in a change of -58.74% in its value.
+Sh
16,077.77UGXSNEED to UGX
Amount
20:01 today
0.5 SNEED
Sh155,762.03
1 SNEED
Sh311,524.06
5 SNEED
Sh1,557,620.31
10 SNEED
Sh3,115,240.61
50 SNEED
Sh15,576,203.07
100 SNEED
Sh31,152,406.14
500 SNEED
Sh155,762,030.71
1000 SNEED
Sh311,524,061.42
UGX to SNEED
Amount20:01 today
0.5UGX0.{5}1605 SNEED
1UGX0.{5}3210 SNEED
5UGX0.{4}1605 SNEED
10UGX0.{4}3210 SNEED
50UGX0.0001605 SNEED
100UGX0.0003210 SNEED
500UGX0.001605 SNEED
1000UGX0.003210 SNEED
Today vs. 24 hours ago
| Amount | 20:01 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SNEED | $42.03 | $40.26 | +4.39% |
| 1 SNEED | $84.06 | $80.52 | +4.39% |
| 5 SNEED | $420.3 | $402.58 | +4.39% |
| 10 SNEED | $840.6 | $805.15 | +4.39% |
| 50 SNEED | $4,202.99 | $4,025.75 | +4.39% |
| 100 SNEED | $8,405.97 | $8,051.51 | +4.39% |
| 500 SNEED | $42,029.86 | $40,257.54 | +4.39% |
| 1000 SNEED | $84,059.72 | $80,515.09 | +4.39% |
Today vs. 1 month ago
| Amount | 20:01 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SNEED | $42.03 | $30.2 | +38.97% |
| 1 SNEED | $84.06 | $60.41 | +38.97% |
| 5 SNEED | $420.3 | $302.05 | +38.97% |
| 10 SNEED | $840.6 | $604.1 | +38.97% |
| 50 SNEED | $4,202.99 | $3,020.5 | +38.97% |
| 100 SNEED | $8,405.97 | $6,040.99 | +38.97% |
| 500 SNEED | $42,029.86 | $30,204.97 | +38.97% |
| 1000 SNEED | $84,059.72 | $60,409.93 | +38.97% |
Today vs. 1 year ago
| Amount | 20:01 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SNEED | $42.03 | $-0.1393 | -58.74% |
| 1 SNEED | $84.06 | $-0.2786 | -58.74% |
| 5 SNEED | $420.3 | $-1.3930 | -58.74% |
| 10 SNEED | $840.6 | $-2.7860 | -58.74% |
| 50 SNEED | $4,202.99 | $-13.9301 | -58.74% |
| 100 SNEED | $8,405.97 | $-27.8603 | -58.74% |
| 500 SNEED | $42,029.86 | $-139.3013 | -58.74% |
| 1000 SNEED | $84,059.72 | $-278.6026 | -58.74% |
Sneed price prediction
What will the price of SNEED be in 2025?
Based on SNEED's historical price performance prediction model, the price of SNEED is projected to reach $135.8 in 2025.
What will the price of SNEED be in 2030?
In 2030, the SNEED price is expected to change by -17.00%. By the end of 2030, the SNEED price is projected to reach $108.19, with a cumulative ROI of +37.16%.
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Popular Sneed conversions
Check out these popular currency conversions of Sneed to several fiat currencies.
Sneed to USD
1 SNEED to $ 84.06 USD
Sneed to GBP
1 SNEED to £ 66.84 GBP
Sneed to EUR
1 SNEED to € 79.99 EUR
Sneed to KRW
1 SNEED to ₩ 117,663.18 KRW
Sneed to CAD
1 SNEED to $ 117.47 CAD
Sneed to AUD
1 SNEED to $ 129.25 AUD
Sneed to JPY
1 SNEED to ¥ 12,951.64 JPY
Sneed to BRL
1 SNEED to R$ 488.33 BRL
Sneed to CNY
1 SNEED to ¥ 609 CNY
Sneed to TWD
1 SNEED to NT$ 2,726.64 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Sneed.
Bitcoin to UGX
1 BTC to Sh 351,014,592.87 UGX
MAD to UGX
1 MAD to Sh 0.1447 UGX
Stellar to UGX
1 XLM to Sh 1,923.62 UGX
EGO to UGX
1 EGO to Sh 81.85 UGX
Cardano to UGX
1 ADA to Sh 3,733.85 UGX
Puffer to UGX
1 PUFFER to Sh -- UGX
XRP to UGX
1 XRP to Sh 5,475.24 UGX
Just a chill guy to UGX
1 CHILLGUY to Sh 1,297.18 UGX
Dogecoin to UGX
1 DOGE to Sh 1,499.98 UGX
The Sandbox to UGX
1 SAND to Sh 2,684.53 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 Sneed 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 Sneed 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 Sneed 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.
