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base info Vanar Chain

Vanar Chain to Ugandan Shilling Converter and calculator

Convert 1Vanar Chain (VANRY) to Ugandan Shilling (UGX) equals Sh 831.82 | 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 Vanar Chain(VANRY) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 VANRY at a value of 1 VANRY for 831.82 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 Vanar Chain currency pair is the VANRY to UGX, with for Vanar Chain's currency code being VANRY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

VANRY to UGX conversion rate trend

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In the past 1D, Vanar Chain has changed +12.76% to UGX. Based on the trend and price charts, Vanar Chain(VANRY) has changed +12.76% to UGX while Ugandan Shilling(UGX) has changed % to VANRY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh829.21
0.0001% / 0.0004%vip-iconVIP
Binance
Sh863.5
0.1000% / 0.1000%
Yes
Gate.io
Sh191.92
0.1000% / 0.1000%
Yes
Bybit
Sh862.7
0.1000% / 0.1000%
Yes
KuCoin
Sh188.11
0.1000% / 0.1000%
Yes
Last updated 2023/11/27 11:00:22(UTC+0)

How to buy Vanar Chain

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

What factors influence the conversion rate of Vanar Chain to Ugandan Shilling?

Vanar Chain to Ugandan Shilling is rising this week.
Vanar Chain's current market price is Sh 831.82 per VANRY, with a total market cap of Sh 1,121,195,950,067.8 UGX based on a circulating supply of 1,347,881,900 VANRY. The trading volume of Vanar Chain has changed by +460.98% (Sh 185,968,328,781.95 UGX) in the last 24 hours. Last trading day, VANRY's trading volume was Sh 40,341,531,604.07.
Market cap
$294.61M
24h volume
$59.47M
Circulating supply
1.35B VANRY

Conversion tables

The exchange rate of Vanar Chain is increasing.
1 VANRY is currently valued at Sh 831.82 UGX , which means buying 5 VANRY will cost Sh 4,159.1 UGX . Similarly, Sh1 UGX can be traded for 0.001202 VANRY, and Sh50 UGX can be converted to 0.06011 VANRY, excluding any platform or gas fees.
The exchange rate of 1 VANRY to Ugandan Shilling has changed by +12.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.76%, reaching a high of 874.9 UGX and a low of 739.01 UGX . One month ago, the value of 1 VANRY was Sh 638.63 UGX , which represents a +30.07% change from its current value. Over the last year, Vanar Chain has changed by
+Sh
709.4UGX
, resulting in a change of +561.78% in its value.

VANRY to UGX

Amount
17:42 today
0.5 VANRY
Sh415.91
1 VANRY
Sh831.82
5 VANRY
Sh4,159.1
10 VANRY
Sh8,318.21
50 VANRY
Sh41,591.03
100 VANRY
Sh83,182.06
500 VANRY
Sh415,910.3
1000 VANRY
Sh831,820.61

UGX to VANRY

Amount17:42 today
0.5UGX0.0006011  VANRY
1UGX0.001202  VANRY
5UGX0.006011  VANRY
10UGX0.01202  VANRY
50UGX0.06011  VANRY
100UGX0.1202  VANRY
500UGX0.6011  VANRY
1000UGX1.2  VANRY
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Today vs. 24 hours ago

Amount17:42 today24 hours ago24h change
0.5 VANRY$0.1093$0.09687
+12.76%
1 VANRY$0.2186$0.1937
+12.76%
5 VANRY$1.09$0.9687
+12.76%
10 VANRY$2.19$1.94
+12.76%
50 VANRY$10.93$9.69
+12.76%
100 VANRY$21.86$19.37
+12.76%
500 VANRY$109.29$96.87
+12.76%
1000 VANRY$218.58$193.73
+12.76%

Today vs. 1 month ago

Amount17:42 today1 month ago1M change
0.5 VANRY$0.1093$0.08391
+30.07%
1 VANRY$0.2186$0.1678
+30.07%
5 VANRY$1.09$0.8391
+30.07%
10 VANRY$2.19$1.68
+30.07%
50 VANRY$10.93$8.39
+30.07%
100 VANRY$21.86$16.78
+30.07%
500 VANRY$109.29$83.91
+30.07%
1000 VANRY$218.58$167.81
+30.07%
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Today vs. 1 year ago

Amount17:42 today1 year ago1Y change
0.5 VANRY$0.1093$0.01608
+561.78%
1 VANRY$0.2186$0.03217
+561.78%
5 VANRY$1.09$0.1608
+561.78%
10 VANRY$2.19$0.3217
+561.78%
50 VANRY$10.93$1.61
+561.78%
100 VANRY$21.86$3.22
+561.78%
500 VANRY$109.29$16.08
+561.78%
1000 VANRY$218.58$32.17
+561.78%

Vanar Chain price prediction

What will the price of VANRY be in 2025?

Based on VANRY's historical price performance prediction model, the price of VANRY is projected to reach $0.2672 in 2025.

What will the price of VANRY be in 2030?

In 2030, the VANRY price is expected to rise by -15.00%. By the end of 2030, the VANRY price is projected to reach $0.4158, with a cumulative ROI of +90.21%.
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Buy Vanar Chain for 1 UGX
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Buy Vanar Chain 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 Vanar Chain 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 Vanar Chain 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 Vanar Chain 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.