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base info Gifto

Gifto to Ugandan Shilling Converter and calculator

Convert 1Gifto (GFT) to Ugandan Shilling (UGX) equals Sh 67.34 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Gifto(GFT) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 GFT at a value of 1 GFT for 67.34 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Gifto currency pair is the GFT to UGX, with for Gifto's currency code being GFT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

GFT to UGX conversion rate trend

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In the past 1D, Gifto has changed +0.34% to UGX. Based on the trend and price charts, Gifto(GFT) has changed +0.34% to UGX while Ugandan Shilling(UGX) has changed % to GFT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh67.2
0.0200% / 0.0320%vip-iconVIP 7
Binance
Sh67.43
0.1000% / 0.1000%
Yes
Huobi
Sh67.5
0.1000% / 0.1000%
Yes
Gate.io
Sh67.46
0.1000% / 0.1000%
Yes
KuCoin
Sh67.17
0.1000% / 0.1000%
Yes
Last updated 2024/07/10 08:00:19(UTC+0)

How to buy Gifto

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Buy Gifto (GFT)
Use a variety of payment options to buy Gifto on Bitget. We'll show you how.

Buy GFT (or USDT) for UGX (Ugandan Shilling) offers

Bitget P2P trading does not currently support direct buying of GFT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy GFT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Sell GFT (or USDT) for UGX (Ugandan Shilling) offers

Bitget P2P trading currently does not support direct selling of GFT to UGX. However, you can first exchange GFT for USDT in the Bitget spot market, and then sell USDT to UGX in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
R
RAGNAR255Verified Merchant
2 tradesCompletion rate 100.00%
4000 UGX
Amount12223.12 USDT
Limit110000 - 49852000 UGX
Bank Transfer
Sell
j
jonioluksVerified Merchant
0 tradesCompletion rate 0.00%
3501.01 UGX
Amount10000 USDT
Limit110000 - 200000 UGX
MTN Mobile MoneyAirtel Money
Sell
T
The_P2P_PlugVerified Merchant
0 tradesCompletion rate 0.00%
3501 UGX
Amount45840 USDT
Limit110000 - 55000000 UGX
Airtel Money
Sell
L
LAGERTHA255Verified Merchant
2 tradesCompletion rate 100.00%
3500 UGX
Amount10000 USDT
Limit110000 - 960000 UGX
Bank Transfer
Sell
G
GYYDAVerified Merchant
2 tradesCompletion rate 100.00%
3500 UGX
Amount10000 USDT
Limit110000 - 35000000 UGX
Bank Transfer
Sell

What factors influence the conversion rate of Gifto to Ugandan Shilling?

Gifto to Ugandan Shilling is falling this week.
Gifto's current market price is Sh 67.34 per GFT, with a total market cap of Sh 67,288,344,030.91 UGX based on a circulating supply of 999,271,550 GFT. The trading volume of Gifto has changed by -30.35% (Sh -4,379,068,681.52 UGX) in the last 24 hours. Last trading day, GFT's trading volume was Sh 14,429,275,521.09.
Market cap
$18.14M
24h volume
$2.71M
Circulating supply
999.27M GFT

Conversion tables

The exchange rate of Gifto is decreasing.
1 GFT is currently valued at Sh 67.34 UGX , which means buying 5 GFT will cost Sh 336.69 UGX . Similarly, Sh1 UGX can be traded for 0.01485 GFT, and Sh50 UGX can be converted to 0.7425 GFT, excluding any platform or gas fees.
The exchange rate of 1 GFT to Ugandan Shilling has changed by -8.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.34%, reaching a high of 67.77 UGX and a low of 66.22 UGX . One month ago, the value of 1 GFT was Sh 72.52 UGX , which represents a -7.15% change from its current value. Over the last year, Gifto has changed by
+Sh
10.03UGX
, resulting in a change of +17.52% in its value.

GFT to UGX

Amount
08:43 am today
0.5 GFT
Sh33.67
1 GFT
Sh67.34
5 GFT
Sh336.69
10 GFT
Sh673.37
50 GFT
Sh3,366.87
100 GFT
Sh6,733.74
500 GFT
Sh33,668.7
1000 GFT
Sh67,337.4

UGX to GFT

Amount08:43 am today
0.5UGX0.007425  GFT
1UGX0.01485  GFT
5UGX0.07425  GFT
10UGX0.1485  GFT
50UGX0.7425  GFT
100UGX1.49  GFT
500UGX7.43  GFT
1000UGX14.85  GFT
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Today vs. 24 hours ago

Amount08:43 am today24 hours ago24h change
0.5 GFT$0.009078$0.009047
+0.34%
1 GFT$0.01816$0.01809
+0.34%
5 GFT$0.09078$0.09047
+0.34%
10 GFT$0.1816$0.1809
+0.34%
50 GFT$0.9078$0.9047
+0.34%
100 GFT$1.82$1.81
+0.34%
500 GFT$9.08$9.05
+0.34%
1000 GFT$18.16$18.09
+0.34%

Today vs. 1 month ago

Amount08:43 am today1 month ago1M change
0.5 GFT$0.009078$0.009777
-7.15%
1 GFT$0.01816$0.01955
-7.15%
5 GFT$0.09078$0.09777
-7.15%
10 GFT$0.1816$0.1955
-7.15%
50 GFT$0.9078$0.9777
-7.15%
100 GFT$1.82$1.96
-7.15%
500 GFT$9.08$9.78
-7.15%
1000 GFT$18.16$19.55
-7.15%
Buy Gifto for 1 UGX
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Today vs. 1 year ago

Amount08:43 am today1 year ago1Y change
0.5 GFT$0.009078$0.007725
+17.52%
1 GFT$0.01816$0.01545
+17.52%
5 GFT$0.09078$0.07725
+17.52%
10 GFT$0.1816$0.1545
+17.52%
50 GFT$0.9078$0.7725
+17.52%
100 GFT$1.82$1.55
+17.52%
500 GFT$9.08$7.73
+17.52%
1000 GFT$18.16$15.45
+17.52%

Gifto price prediction

What will the price of GFT be in 2025?

Based on GFT's historical price performance prediction model, the price of GFT is projected to reach $0.02135 in 2025.

What will the price of GFT be in 2030?

In 2030, the GFT price is expected to change by -7.00%. By the end of 2030, the GFT price is projected to reach $0.02682, with a cumulative ROI of +47.72%.
Buy Gifto for 1 UGX
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Buy Gifto for 1 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 Gifto 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 Gifto 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 Gifto 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.

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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.