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PALLA to UGX Converter and calculator

PALLA/UGX: 1 PALLA = 34.05 UGX. The price of converting 1 Pallapay (PALLA) to Ugandan shilling (UGX) is 34.05 UGX today.
PALLA
PALLA
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PALLA to UGX real-time exchange rates, making it easy to convert Pallapay (PALLA) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 PALLA is currently valued at 34.05 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PALLA is currently valued at 34.05 UGX, which means buying 5 PALLA would cost 170.23 UGX. Similarly, Sh1 UGX can be converted to 0.02937 PALLA, and Sh50 UGX can be converted to 0.1469 PALLA, excluding any platform or gas fees.

Convert PALLA to UGX

Convert UGX to PALLA

Pallapay
Ugandan shilling
50 PALLA
1,702.28  UGX
100 PALLA
3,404.55  UGX
200 PALLA
6,809.11  UGX
500 PALLA
17,022.76  UGX
1000 PALLA
34,045.53  UGX
5000 PALLA
170,227.65  UGX
10000 PALLA
340,455.3  UGX
In the table above, you'll find a comprehensive PALLA to UGX converter that shows the value of Pallapay in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 PALLA to UGX, all the way up to 10000 PALLA, providing a clear view of their respective values.
Ugandan shilling
Pallapay
50000 UGX
1,468.62 PALLA
100000 UGX
2,937.24 PALLA
In the table above, you'll find a comprehensive UGX to PALLA converter that shows the value of Ugandan shilling in Pallapay across commonly used conversion amounts. The list covers conversions from 1 UGX to PALLA, all the way up to 100000 UGX, providing a clear view of their respective values.

PALLA to UGX chart

PALLA/UGX: 1 PALLA = 34.05 UGX; 2025/04/29 17:17:54
In the past 1D, Pallapay has changed +7.89% to UGX. Based on the trend and price charts, Pallapay(PALLA) has changed +7.89% to UGX while Ugandan shilling(UGX) has changed % to PALLA in the last 24 hours.
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PALLA to UGX conversion data: Volatility and price changes of Pallapay in UGX

The highest Pallapay price in UGX over the past 7 days was 34.08 UGX while the lowest Pallapay price in UGX over the past 7 days was 31.32 UGX. The relative change between the highs and lows in Pallapay price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and PALLA to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
34.05 UGX
34.08 UGX
34.2 UGX
44.04 UGX
Low
31.39 UGX
31.32 UGX
31.32 UGX
21.37 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+7.89%
+5.49%
+5.21%
-24.52%

Pallapay information

PALLA to UGX market statistics

PALLA/UGX:
Sh34.05
PALLA 24h volume:
--
PALLA market cap:
Sh25,314,432,151.73
PALLA circulating supply:
743.55M PALLA

Current PALLA to UGX exchange rate

Pallapay to Ugandan shilling is rising this week.
Pallapay's current market price is Sh34.05 per PALLA, with a total market cap of Sh25,314,432,151.73 UGX based on a circulating supply of 743,546,430 PALLA. The trading volume of Pallapay has changed by 0.00% (Sh0 UGX) in the last 24 hours. Last trading day, PALLA's trading volume was Sh0.

More info about Pallapay 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 Pallapay currency pair is the PALLA to UGX, with for Pallapay's currency code being PALLA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert PALLA to UGX

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PALLA to UGX Conversion tables

The exchange rate of Pallapay is increasing.
The exchange rate of 1 PALLA to Ugandan shilling has changed by +5.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.89%, reaching a high of 34.05 UGX and a low of 31.39 UGX . One month ago, the value of 1 PALLA was Sh32.36 UGX , which represents a +5.21% change from its current value. Over the last year, Pallapay has changed by
-Sh
1.15UGX
, resulting in a change of -3.28% in its value.
24 hours ago1 month ago1 year ago
Amount17:17 today24 hours ago24h change
0.5 PALLASh17.02Sh15.78
+7.89%
1 PALLASh34.05Sh31.55
+7.89%
5 PALLASh170.23Sh157.77
+7.89%
10 PALLASh340.46Sh315.55
+7.89%
50 PALLASh1,702.28Sh1,577.74
+7.89%
100 PALLASh3,404.55Sh3,155.48
+7.89%
500 PALLASh17,022.76Sh15,777.41
+7.89%
1000 PALLASh34,045.53Sh31,554.83
+7.89%

PALLA to UGX FAQ

How much is 1 Pallapay in UGX?
Right now, the price of 1 Pallapay (PALLA) in Ugandan shilling (UGX) is Sh34.05.
How much PALLA can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.02937 PALLA for 1 UGX.
How do I calculate or convert PALLA to UGX?
You can use our PALLA to UGX calculator at the top of this page to convert any amount of PALLA to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.1469 PALLA, while 5 PALLA will cost around 170.23UGX.
What is the highest price of PALLA/UGX in history?
The all-time high price of 1 PALLA in UGX is Sh345.59. It remains to be seen if the value of 1 PALLA/UGX will exceed the current all-time high.
What is the price trend of Pallapay in UGX?
Over the past 7 days, the exchange rate of Pallapay (PALLA) has gone up by 5.49%.   Over the last month, the exchange rate of Pallapay (PALLA) has gone up by 5.21% against Ugandan shilling (UGX).

What factors influence the conversion rate of PALLA to UGX?

There are many factors that affect the relationship between Pallapay 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 PALLA/UGX. When there is positive news in the market about the widespread adoption of PALLA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PALLA/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PALLA/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 PALLA/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 Pallapay and adjust their investment strategies accordingly in the evolving market.

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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.