ISLM
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 Islamic Coin(ISLM) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 ISLM at a value of 1 ISLM for 258.16 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 Islamic Coin currency pair is the ISLM to UGX, with for Islamic Coin's currency code being ISLM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
ISLM to UGX conversion rate trend
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In the past 1D, Islamic Coin has changed -1.15% to UGX. Based on the trend and price charts, Islamic Coin(ISLM) has changed -1.15% to UGX while Ugandan Shilling(UGX) has changed % to ISLM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh219.39 | 0.0200% / 0.0320%  VIP 7 | |
KuCoin | Sh251.3 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/09 16:00:17(UTC+0)
How to buy Islamic Coin
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 identity by entering your personal information and uploading a valid photo ID.
Buy Islamic Coin (ISLM)
Use a variety of payment options to buy Islamic Coin on Bitget. We'll show you how.
Learn MoreBuy ISLM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of ISLM with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy ISLM with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell ISLM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of ISLM to UGX. However, you can first exchange ISLM 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 |
|---|
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What factors influence the conversion rate of Islamic Coin to Ugandan Shilling?
Islamic Coin to Ugandan Shilling is falling this week.Islamic Coin's current market price is Sh 258.16 per ISLM, with a total market cap of Sh 276,645,048,166.16 UGX based on a circulating supply of 1,071,617,200 ISLM. The trading volume of Islamic Coin has changed by +9.12% (Sh 863,139,769.04 UGX) in the last 24 hours. Last trading day, ISLM's trading volume was Sh 9,467,158,437.26.
Market cap
$74.48M
24h volume
$2.78M
Circulating supply
1.07B ISLM
Conversion tables
The exchange rate of Islamic Coin is increasing.1 ISLM is currently valued at Sh 258.16 UGX , which means buying 5 ISLM will cost Sh 1,290.78 UGX . Similarly, Sh1 UGX can be traded for 0.003874 ISLM, and Sh50 UGX can be converted to 0.1937 ISLM, excluding any platform or gas fees.
The exchange rate of 1 ISLM to Ugandan Shilling has changed by -6.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.15%, reaching a high of 263.73 UGX and a low of 248.65 UGX . One month ago, the value of 1 ISLM was Sh 226.71 UGX , which represents a +13.87% change from its current value. Over the last year, Islamic Coin has changed by , resulting in a change of --% in its value.
+Sh
258.16UGXISLM to UGX
Amount
18:00 today
0.5 ISLM
Sh129.08
1 ISLM
Sh258.16
5 ISLM
Sh1,290.78
10 ISLM
Sh2,581.57
50 ISLM
Sh12,907.83
100 ISLM
Sh25,815.66
500 ISLM
Sh129,078.29
1000 ISLM
Sh258,156.58
UGX to ISLM
Amount18:00 today
0.5UGX0.001937 ISLM
1UGX0.003874 ISLM
5UGX0.01937 ISLM
10UGX0.03874 ISLM
50UGX0.1937 ISLM
100UGX0.3874 ISLM
500UGX1.94 ISLM
1000UGX3.87 ISLM
Today vs. 24 hours ago
| Amount | 18:00 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ISLM | $0.03475 | $0.03516 | -1.15% |
| 1 ISLM | $0.06951 | $0.07032 | -1.15% |
| 5 ISLM | $0.3475 | $0.3516 | -1.15% |
| 10 ISLM | $0.6951 | $0.7032 | -1.15% |
| 50 ISLM | $3.48 | $3.52 | -1.15% |
| 100 ISLM | $6.95 | $7.03 | -1.15% |
| 500 ISLM | $34.75 | $35.16 | -1.15% |
| 1000 ISLM | $69.51 | $70.32 | -1.15% |
Today vs. 1 month ago
| Amount | 18:00 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ISLM | $0.03475 | $0.03052 | +13.87% |
| 1 ISLM | $0.06951 | $0.06104 | +13.87% |
| 5 ISLM | $0.3475 | $0.3052 | +13.87% |
| 10 ISLM | $0.6951 | $0.6104 | +13.87% |
| 50 ISLM | $3.48 | $3.05 | +13.87% |
| 100 ISLM | $6.95 | $6.1 | +13.87% |
| 500 ISLM | $34.75 | $30.52 | +13.87% |
| 1000 ISLM | $69.51 | $61.04 | +13.87% |
Today vs. 1 year ago
| Amount | 18:00 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ISLM | $0.03475 | $0.00 | -- |
| 1 ISLM | $0.06951 | $0.00 | -- |
| 5 ISLM | $0.3475 | $0.00 | -- |
| 10 ISLM | $0.6951 | $0.00 | -- |
| 50 ISLM | $3.48 | $0.00 | -- |
| 100 ISLM | $6.95 | $0.00 | -- |
| 500 ISLM | $34.75 | $0.00 | -- |
| 1000 ISLM | $69.51 | $0.00 | -- |
Islamic Coin price prediction
What will the price of ISLM be in 2025?
Based on ISLM's historical price performance prediction model, the price of ISLM is projected to reach $0.1106 in 2025.
What will the price of ISLM be in 2030?
In 2030, the ISLM price is expected to change by +10.00%. By the end of 2030, the ISLM price is projected to reach $0.1973, with a cumulative ROI of +184.49%.
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Popular Islamic Coin conversions
Check out these popular currency conversions of Islamic Coin to several fiat currencies.
Islamic Coin to USD
1 ISLM to $ 0.06951 USD
Islamic Coin to GBP
1 ISLM to £ 0.05315 GBP
Islamic Coin to EUR
1 ISLM to € 0.06295 EUR
Islamic Coin to KRW
1 ISLM to ₩ 93.36 KRW
Islamic Coin to CAD
1 ISLM to $ 0.09427 CAD
Islamic Coin to AUD
1 ISLM to $ 0.1045 AUD
Islamic Coin to JPY
1 ISLM to ¥ 9.92 JPY
Islamic Coin to BRL
1 ISLM to R$ 0.3892 BRL
Islamic Coin to CNY
1 ISLM to ¥ 0.4945 CNY
Islamic Coin to TWD
1 ISLM to NT$ 2.23 TWD
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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 Islamic Coin 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 Islamic Coin 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 Islamic Coin 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.
