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LABZ to UGX Converter and calculator

LABZ/UGX: 1 LABZ = 2.71 UGX. The price of converting 1 Insane Labz (LABZ) to Ugandan shilling (UGX) is 2.71 UGX today.
LABZ
LABZ
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LABZ to UGX real-time exchange rates, making it easy to convert Insane Labz (LABZ) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 LABZ is currently valued at 2.71 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LABZ is currently valued at 2.71 UGX, which means buying 5 LABZ would cost 13.55 UGX. Similarly, Sh1 UGX can be converted to 0.3690 LABZ, and Sh50 UGX can be converted to 1.85 LABZ, excluding any platform or gas fees.

Convert LABZ to UGX

Convert UGX to LABZ

Insane Labz
Ugandan shilling
500 LABZ
1,354.89  UGX
1000 LABZ
2,709.79  UGX
5000 LABZ
13,548.94  UGX
10000 LABZ
27,097.88  UGX
In the table above, you'll find a comprehensive LABZ to UGX converter that shows the value of Insane Labz in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 LABZ to UGX, all the way up to 10000 LABZ, providing a clear view of their respective values.
Ugandan shilling
Insane Labz
10000 UGX
3,690.33 LABZ
50000 UGX
18,451.63 LABZ
100000 UGX
36,903.25 LABZ
In the table above, you'll find a comprehensive UGX to LABZ converter that shows the value of Ugandan shilling in Insane Labz across commonly used conversion amounts. The list covers conversions from 1 UGX to LABZ, all the way up to 100000 UGX, providing a clear view of their respective values.

LABZ to UGX chart

LABZ/UGX: 1 LABZ = 2.71 UGX; 2025/06/14 12:24:24
In the past 1D, Insane Labz has changed +1.59% to UGX. Based on the trend and price charts, Insane Labz(LABZ) has changed +1.59% to UGX while Ugandan shilling(UGX) has changed % to LABZ in the last 24 hours.
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LABZ to UGX conversion data: Volatility and price changes of Insane Labz in UGX

The highest Insane Labz price in UGX over the past 7 days was 3.11 UGX while the lowest Insane Labz price in UGX over the past 7 days was 2.66 UGX. The relative change between the highs and lows in Insane Labz price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and LABZ 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
2.75 UGX
3.11 UGX
4.38 UGX
4.38 UGX
Low
2.66 UGX
2.66 UGX
2.66 UGX
2.01 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+1.59%
-2.86%
-27.06%
+7.77%

Insane Labz information

LABZ to UGX market statistics

LABZ/UGX:
Sh2.71
LABZ 24h volume:
Sh27,946,670.61
LABZ market cap:
Sh134,214,004.91
LABZ circulating supply:
49.53M LABZ

Current LABZ to UGX exchange rate

Insane Labz to Ugandan shilling is falling this week.
Insane Labz's current market price is Sh2.71 per LABZ, with a total market cap of Sh134,214,004.91 UGX based on a circulating supply of 49,529,336 LABZ. The trading volume of Insane Labz has changed by -7.11% (Sh-2,139,454.44 UGX) in the last 24 hours. Last trading day, LABZ's trading volume was Sh30,086,125.04.

More info about Insane Labz 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 Insane Labz currency pair is the LABZ to UGX, with for Insane Labz's currency code being LABZ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert LABZ to UGX

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LABZ to UGX Conversion tables

The exchange rate of Insane Labz is decreasing.
The exchange rate of 1 LABZ to Ugandan shilling has changed by -2.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.59%, reaching a high of 2.75 UGX and a low of 2.66 UGX . One month ago, the value of 1 LABZ was Sh3.72 UGX , which represents a -27.06% change from its current value. Over the last year, Insane Labz has changed by
-Sh
670.21UGX
, resulting in a change of -99.60% in its value.
24 hours ago1 month ago1 year ago
Amount 12:24 today 24 hours ago 24h change
0.5 LABZ
Sh1.35Sh1.33
+1.59%
1 LABZ
Sh2.71Sh2.67
+1.59%
5 LABZ
Sh13.55Sh13.34
+1.59%
10 LABZ
Sh27.1Sh26.67
+1.59%
50 LABZ
Sh135.49Sh133.36
+1.59%
100 LABZ
Sh270.98Sh266.72
+1.59%
500 LABZ
Sh1,354.89Sh1,333.59
+1.59%
1000 LABZ
Sh2,709.79Sh2,667.18
+1.59%

LABZ to UGX FAQ

How much is 1 Insane Labz in UGX?
Right now, the price of 1 Insane Labz (LABZ) in Ugandan shilling (UGX) is Sh2.71.
How much LABZ can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.3690 LABZ for 1 UGX.
How do I calculate or convert LABZ to UGX?
You can use our LABZ to UGX calculator at the top of this page to convert any amount of LABZ to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 1.85 LABZ, while 5 LABZ will cost around 13.55UGX.
What is the highest price of LABZ/UGX in history?
The all-time high price of 1 LABZ in UGX is Sh1,207.68. It remains to be seen if the value of 1 LABZ/UGX will exceed the current all-time high.
What is the price trend of Insane Labz in UGX?
Over the past 7 days, the exchange rate of Insane Labz (LABZ) has gone down by 2.86%.   Over the last month, the exchange rate of Insane Labz (LABZ) has gone down by 27.06% against Ugandan shilling (UGX).

What factors influence the conversion rate of LABZ to UGX?

There are many factors that affect the relationship between Insane Labz 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 LABZ/UGX. When there is positive news in the market about the widespread adoption of LABZ or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LABZ/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LABZ/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 LABZ/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 Insane Labz 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 Insane Labz currency pairs: LABZ to US Dollar (USD), LABZ to Euro (EUR), LABZ to Pound Sterling (GBP), LABZ to Canadian Dollar (CAD), LABZ to Indian Rupee (INR), LABZ to Pakistani Rupee (PKR), LABZ to Brazilian Real (BRL), LABZ to…
The price of Insane Labz in the US is $0.0007513 USD. Additionally, Insane Labz’s price is €0.0006505 EUR in the eurozone, £0.0005538 GBP in the UK, C$0.001021 CAD in Canada, ₹0.06471 INR in India, ₨0.2126 PKR in Pakistan, R$0.004169 BRL in Brazil, and more.
The most popular Insane Labz currency pair is the LABZ to Ugandan shilling(UGX). The price of 1 Insane Labz (LABZ) in Ugandan shilling (UGX) is Sh2.71.

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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.