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ELON to UGX Converter and calculator

ELON/UGX: 1 ELON = 0.003131 UGX. The price of converting 1 Eloncoin (ELON) to Ugandan shilling (UGX) is 0.003131 UGX today.
ELON
ELON
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ELON to UGX real-time exchange rates, making it easy to convert Eloncoin (ELON) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 ELON is currently valued at 0.003131 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ELON is currently valued at 0.003131 UGX, which means buying 5 ELON would cost 0.01565 UGX. Similarly, Sh1 UGX can be converted to 319.39 ELON, and Sh50 UGX can be converted to 1,596.95 ELON, excluding any platform or gas fees.

Convert ELON to UGX

Convert UGX to ELON

Eloncoin
Ugandan shilling
10000 ELON
31.31  UGX
In the table above, you'll find a comprehensive ELON to UGX converter that shows the value of Eloncoin in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 ELON to UGX, all the way up to 10000 ELON, providing a clear view of their respective values.
Ugandan shilling
Eloncoin
500 UGX
159,695.32 ELON
1000 UGX
319,390.63 ELON
2000 UGX
638,781.27 ELON
5000 UGX
1,596,953.17 ELON
10000 UGX
3,193,906.35 ELON
50000 UGX
15,969,531.73 ELON
100000 UGX
31,939,063.46 ELON
In the table above, you'll find a comprehensive UGX to ELON converter that shows the value of Ugandan shilling in Eloncoin across commonly used conversion amounts. The list covers conversions from 1 UGX to ELON, all the way up to 100000 UGX, providing a clear view of their respective values.

ELON to UGX chart

ELON/UGX: 1 ELON = 0.003131 UGX; 2025/06/15 18:54:13
In the past 1D, Eloncoin has changed +12.78% to UGX. Based on the trend and price charts, Eloncoin(ELON) has changed +12.78% to UGX while Ugandan shilling(UGX) has changed % to ELON in the last 24 hours.
1D7D1M3M1YAll

ELON to UGX conversion data: Volatility and price changes of Eloncoin in UGX

The highest Eloncoin price in UGX over the past 7 days was 0.004373 UGX while the lowest Eloncoin price in UGX over the past 7 days was 0.002651 UGX. The relative change between the highs and lows in Eloncoin price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and ELON to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.003131 UGX
0.004373 UGX
0.007567 UGX
0.007567 UGX
Low
0.002770 UGX
0.002651 UGX
0.002630 UGX
0.0003726 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+12.78%
-27.00%
-12.44%
+6.38%

Eloncoin information

ELON to UGX market statistics

ELON/UGX:
Sh0.003131
ELON 24h volume:
--
ELON market cap:
Sh2,145,397,180.15
ELON circulating supply:
685.22B ELON

Current ELON to UGX exchange rate

Eloncoin to Ugandan shilling is falling this week.
Eloncoin's current market price is Sh0.003131 per ELON, with a total market cap of Sh2,145,397,180.15 UGX based on a circulating supply of 685,219,800,000 ELON. The trading volume of Eloncoin has changed by 0.00% (Sh0 UGX) in the last 24 hours. Last trading day, ELON's trading volume was Sh0.

More info about Eloncoin on Bitget

Ugandan shilling 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 Eloncoin currency pair is the ELON to UGX, with for Eloncoin's currency code being ELON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert ELON to UGX

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ELON to UGX Conversion tables

The exchange rate of Eloncoin is decreasing.
The exchange rate of 1 ELON to Ugandan shilling has changed by -27.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.78%, reaching a high of 0.003131 UGX and a low of 0.002770 UGX . One month ago, the value of 1 ELON was Sh0.003576 UGX , which represents a -12.44% change from its current value. Over the last year, Eloncoin has changed by
-Sh
0.1073UGX
, resulting in a change of -97.17% in its value.
24 hours ago1 month ago1 year ago
Amount 18:54 today 24 hours ago 24h change
0.5 ELON
Sh0.001565Sh0.001388
+12.78%
1 ELON
Sh0.003131Sh0.002776
+12.78%
5 ELON
Sh0.01565Sh0.01388
+12.78%
10 ELON
Sh0.03131Sh0.02776
+12.78%
50 ELON
Sh0.1565Sh0.1388
+12.78%
100 ELON
Sh0.3131Sh0.2776
+12.78%
500 ELON
Sh1.57Sh1.39
+12.78%
1000 ELON
Sh3.13Sh2.78
+12.78%

ELON to UGX FAQ

How much is 1 Eloncoin in UGX?
Right now, the price of 1 Eloncoin (ELON) in Ugandan shilling (UGX) is Sh0.003131.
How much ELON can I buy for 1 UGX?
Based on the current exchange rate, you can get 319.39 ELON for 1 UGX.
How do I calculate or convert ELON to UGX?
You can use our ELON to UGX calculator at the top of this page to convert any amount of ELON to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 1,596.95 ELON, while 5 ELON will cost around 0.01565UGX.
What is the highest price of ELON/UGX in history?
The all-time high price of 1 ELON in UGX is Sh0.2817. It remains to be seen if the value of 1 ELON/UGX will exceed the current all-time high.
What is the price trend of Eloncoin in UGX?
Over the past 7 days, the exchange rate of Eloncoin (ELON) has gone down by 27.00%.   Over the last month, the exchange rate of Eloncoin (ELON) has gone down by 12.44% against Ugandan shilling (UGX).

What factors influence the conversion rate of ELON to UGX?

There are many factors that affect the relationship between Eloncoin and Ugandan shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of ELON/UGX. When there is positive news in the market about the widespread adoption of ELON or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ELON/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ELON/UGX.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of ELON/UGX. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Eloncoin and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Eloncoin currency pairs: ELON to US Dollar (USD), ELON to Euro (EUR), ELON to Pound Sterling (GBP), ELON to Canadian Dollar (CAD), ELON to Indian Rupee (INR), ELON to Pakistani Rupee (PKR), ELON to Brazilian Real (BRL), ELON to…
The price of Eloncoin in the US is $0.{6}8681 USD. Additionally, Eloncoin’s price is €0.{6}7516 EUR in the eurozone, £0.{6}6399 GBP in the UK, C$0.{5}1180 CAD in Canada, ₹0.{4}7476 INR in India, ₨0.0002456 PKR in Pakistan, R$0.{5}4817 BRL in Brazil, and more.
The most popular Eloncoin currency pair is the ELON to Ugandan shilling(UGX). The price of 1 Eloncoin (ELON) in Ugandan shilling (UGX) is Sh0.003131.

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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.