1000SATS
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 SATS(1000SATS) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 1000SATS at a value of 1 1000SATS for 0.87 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 SATS currency pair is the 1000SATS to UGX, with for SATS's currency code being 1000SATS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
1000SATS to UGX conversion rate trend
1D7D1M3M1YAll
In the past 1D, SATS has changed +0.38% to UGX. Based on the trend and price charts, SATS(1000SATS) has changed +0.38% to UGX while Ugandan Shilling(UGX) has changed % to 1000SATS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.8545 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh0.8535 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 08:00:11(UTC+0)
How to buy SATS
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 SATS (1000SATS)
Use a variety of payment options to buy SATS on Bitget. We'll show you how.
Buy 1000SATS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of 1000SATS with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy 1000SATS with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell 1000SATS (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of 1000SATS to UGX. However, you can first exchange 1000SATS 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 |
|---|
No matching ads found.
What factors influence the conversion rate of SATS to Ugandan Shilling?
SATS to Ugandan Shilling is falling this week.SATS's current market price is Sh 0.8701 per 1000SATS, with a total market cap of Sh 1,827,240,285,127.27 UGX based on a circulating supply of 2,100,000,000,000 1000SATS. The trading volume of SATS has changed by +20.20% (Sh 37,914,778,818.41 UGX) in the last 24 hours. Last trading day, 1000SATS's trading volume was Sh 187,680,200,865.32.
Market cap
$494.73M
24h volume
$61.08M
Circulating supply
2.10T 1000SATS
Conversion tables
The exchange rate of SATS is decreasing.1 1000SATS is currently valued at Sh 0.8701 UGX , which means buying 5 1000SATS will cost Sh 4.35 UGX . Similarly, Sh1 UGX can be traded for 1.15 1000SATS, and Sh50 UGX can be converted to 57.46 1000SATS, excluding any platform or gas fees.
The exchange rate of 1 1000SATS to Ugandan Shilling has changed by -12.34% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.38%, reaching a high of 0.8975 UGX and a low of 0.8100 UGX . One month ago, the value of 1 1000SATS was Sh 0.9946 UGX , which represents a -12.53% change from its current value. Over the last year, SATS has changed by , resulting in a change of -53.35% in its value.
+Sh
0.8688UGX1000SATS to UGX
Amount
12:58 today
0.5 1000SATS
Sh0.4351
1 1000SATS
Sh0.8701
5 1000SATS
Sh4.35
10 1000SATS
Sh8.7
50 1000SATS
Sh43.51
100 1000SATS
Sh87.01
500 1000SATS
Sh435.06
1000 1000SATS
Sh870.11
UGX to 1000SATS
Amount12:58 today
0.5UGX0.5746 1000SATS
1UGX1.15 1000SATS
5UGX5.75 1000SATS
10UGX11.49 1000SATS
50UGX57.46 1000SATS
100UGX114.93 1000SATS
500UGX574.64 1000SATS
1000UGX1,149.27 1000SATS
Today vs. 24 hours ago
| Amount | 12:58 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 1000SATS | $0.0001178 | $0.0001174 | +0.38% |
| 1 1000SATS | $0.0002356 | $0.0002347 | +0.38% |
| 5 1000SATS | $0.001178 | $0.001174 | +0.38% |
| 10 1000SATS | $0.002356 | $0.002347 | +0.38% |
| 50 1000SATS | $0.01178 | $0.01174 | +0.38% |
| 100 1000SATS | $0.02356 | $0.02347 | +0.38% |
| 500 1000SATS | $0.1178 | $0.1174 | +0.38% |
| 1000 1000SATS | $0.2356 | $0.2347 | +0.38% |
Today vs. 1 month ago
| Amount | 12:58 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 1000SATS | $0.0001178 | $0.0001346 | -12.53% |
| 1 1000SATS | $0.0002356 | $0.0002693 | -12.53% |
| 5 1000SATS | $0.001178 | $0.001346 | -12.53% |
| 10 1000SATS | $0.002356 | $0.002693 | -12.53% |
| 50 1000SATS | $0.01178 | $0.01346 | -12.53% |
| 100 1000SATS | $0.02356 | $0.02693 | -12.53% |
| 500 1000SATS | $0.1178 | $0.1346 | -12.53% |
| 1000 1000SATS | $0.2356 | $0.2693 | -12.53% |
Today vs. 1 year ago
| Amount | 12:58 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 1000SATS | $0.0001178 | $0.{6}1714 | -53.35% |
| 1 1000SATS | $0.0002356 | $0.{6}3428 | -53.35% |
| 5 1000SATS | $0.001178 | $0.{5}1714 | -53.35% |
| 10 1000SATS | $0.002356 | $0.{5}3428 | -53.35% |
| 50 1000SATS | $0.01178 | $0.{4}1714 | -53.35% |
| 100 1000SATS | $0.02356 | $0.{4}3428 | -53.35% |
| 500 1000SATS | $0.1178 | $0.0001714 | -53.35% |
| 1000 1000SATS | $0.2356 | $0.0003428 | -53.35% |
SATS price prediction
What will the price of 1000SATS be in 2025?
Based on 1000SATS's historical price performance prediction model, the price of 1000SATS is projected to reach $0.0004152 in 2025.
What will the price of 1000SATS be in 2030?
In 2030, the 1000SATS price is expected to change by -11.00%. By the end of 2030, the 1000SATS price is projected to reach $0.0006301, with a cumulative ROI of +172.19%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular SATS conversions
Check out these popular currency conversions of SATS to several fiat currencies.
SATS to USD
1 1000SATS to $ 0.0002356 USD
SATS to GBP
1 1000SATS to £ 0.0001865 GBP
SATS to EUR
1 1000SATS to € 0.0002240 EUR
SATS to KRW
1 1000SATS to ₩ 0.3301 KRW
SATS to CAD
1 1000SATS to $ 0.0003293 CAD
SATS to AUD
1 1000SATS to $ 0.0003619 AUD
SATS to JPY
1 1000SATS to ¥ 0.03637 JPY
SATS to BRL
1 1000SATS to R$ 0.001367 BRL
SATS to CNY
1 1000SATS to ¥ 0.001708 CNY
SATS to TWD
1 1000SATS to NT$ 0.007674 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in SATS.
MAD to UGX
1 MAD to Sh -- UGX
XRP to UGX
1 XRP to Sh 4,160.23 UGX
EGO to UGX
1 EGO to Sh 89.56 UGX
Sharpe AI to UGX
1 SAI to Sh 114.7 UGX
Solana to UGX
1 SOL to Sh 902,428.34 UGX
Bitcoin to UGX
1 BTC to Sh 360,825,726.02 UGX
Dogecoin to UGX
1 DOGE to Sh 1,437.9 UGX
Pepe to UGX
1 PEPE to Sh 0.07714 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 5,297.6 UGX
Sui to UGX
1 SUI to Sh 13,406.68 UGX
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 SATS 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 SATS 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 SATS 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.
