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First Digital USD to Ugandan Shilling Converter and calculator

Convert 1First Digital USD (FDUSD) to Ugandan Shilling (UGX) equals Sh 3,652.3 | 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 First Digital USD(FDUSD) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 FDUSD at a value of 1 FDUSD for 3,652.30 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 First Digital USD currency pair is the FDUSD to UGX, with for First Digital USD's currency code being FDUSD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

FDUSD to UGX conversion rate trend

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In the past 1D, First Digital USD has changed -0.14% to UGX. Based on the trend and price charts, First Digital USD(FDUSD) has changed -0.14% to UGX while Ugandan Shilling(UGX) has changed % to FDUSD in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh3,653.12
0.0200% / 0.0320%vip-iconVIP 7
Binance
Sh3,655.68
0.1000% / 0.1000%
Yes
Gate.io
Sh3,654.22
0.1000% / 0.1000%
Yes
Last updated 2024/10/31 16:00:13(UTC+0)

How to buy First Digital USD

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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.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy First Digital USD (FDUSD)
Use a variety of payment options to buy First Digital USD on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of FDUSD with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy FDUSD with USDT via Bitget spot market.
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Low to high
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Sell FDUSD (or USDT) for UGX (Ugandan Shilling) offers

Bitget P2P trading currently does not support direct selling of FDUSD to UGX. However, you can first exchange FDUSD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of First Digital USD to Ugandan Shilling?

First Digital USD to Ugandan Shilling is falling this week.
First Digital USD's current market price is Sh 3,652.3 per FDUSD, with a total market cap of Sh 9,272,509,189,591.65 UGX based on a circulating supply of 2,538,816,500 FDUSD. The trading volume of First Digital USD has changed by -8.27% (Sh -1,657,195,051,966.11 UGX) in the last 24 hours. Last trading day, FDUSD's trading volume was Sh 20,036,453,734,975.71.
Market cap
$2.53B
24h volume
$5.02B
Circulating supply
2.54B FDUSD

Conversion tables

The exchange rate of First Digital USD is decreasing.
1 FDUSD is currently valued at Sh 3,652.3 UGX , which means buying 5 FDUSD will cost Sh 18,261.48 UGX . Similarly, Sh1 UGX can be traded for 0.0002738 FDUSD, and Sh50 UGX can be converted to 0.01369 FDUSD, excluding any platform or gas fees.
The exchange rate of 1 FDUSD to Ugandan Shilling has changed by -0.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.14%, reaching a high of 3,662.33 UGX and a low of 3,648.61 UGX . One month ago, the value of 1 FDUSD was Sh 3,658.98 UGX , which represents a -0.18% change from its current value. Over the last year, First Digital USD has changed by
-Sh
10.6UGX
, resulting in a change of -0.29% in its value.

FDUSD to UGX

Amount
22:49 today
0.5 FDUSD
Sh1,826.15
1 FDUSD
Sh3,652.3
5 FDUSD
Sh18,261.48
10 FDUSD
Sh36,522.96
50 FDUSD
Sh182,614.79
100 FDUSD
Sh365,229.59
500 FDUSD
Sh1,826,147.93
1000 FDUSD
Sh3,652,295.86

UGX to FDUSD

Amount22:49 today
0.5UGX0.0001369  FDUSD
1UGX0.0002738  FDUSD
5UGX0.001369  FDUSD
10UGX0.002738  FDUSD
50UGX0.01369  FDUSD
100UGX0.02738  FDUSD
500UGX0.1369  FDUSD
1000UGX0.2738  FDUSD

Today vs. 24 hours ago

Amount22:49 today24 hours ago24h change
0.5 FDUSD$0.4991$0.4998
-0.14%
1 FDUSD$0.9982$0.9995
-0.14%
5 FDUSD$4.99$5
-0.14%
10 FDUSD$9.98$10
-0.14%
50 FDUSD$49.91$49.98
-0.14%
100 FDUSD$99.82$99.95
-0.14%
500 FDUSD$499.09$499.77
-0.14%
1000 FDUSD$998.17$999.55
-0.14%

Today vs. 1 month ago

Amount22:49 today1 month ago1M change
0.5 FDUSD$0.4991$0.5000
-0.18%
1 FDUSD$0.9982$1
-0.18%
5 FDUSD$4.99$5
-0.18%
10 FDUSD$9.98$10
-0.18%
50 FDUSD$49.91$50
-0.18%
100 FDUSD$99.82$100
-0.18%
500 FDUSD$499.09$500
-0.18%
1000 FDUSD$998.17$1,000
-0.18%

Today vs. 1 year ago

Amount22:49 today1 year ago1Y change
0.5 FDUSD$0.4991$0.5005
-0.29%
1 FDUSD$0.9982$1
-0.29%
5 FDUSD$4.99$5.01
-0.29%
10 FDUSD$9.98$10.01
-0.29%
50 FDUSD$49.91$50.05
-0.29%
100 FDUSD$99.82$100.11
-0.29%
500 FDUSD$499.09$500.54
-0.29%
1000 FDUSD$998.17$1,001.07
-0.29%

First Digital USD price prediction

What will the price of FDUSD be in 2025?

Based on FDUSD's historical price performance prediction model, the price of FDUSD is projected to reach $1.6 in 2025.

What will the price of FDUSD be in 2030?

In 2030, the FDUSD price is expected to change by -3.00%. By the end of 2030, the FDUSD price is projected to reach $3.01, with a cumulative ROI of +201.26%.

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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 First Digital USD 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 First Digital USD 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 First Digital USD 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.