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SKM to UGX Converter and calculator

SKM/UGX: 1 SKM = 0.1585 UGX. The price of converting 1 Skrumble Network (SKM) to Ugandan shilling (UGX) is 0.1585 UGX today.
SKM
SKM
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SKM to UGX real-time exchange rates, making it easy to convert Skrumble Network (SKM) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 SKM is currently valued at 0.1585 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SKM is currently valued at 0.1585 UGX, which means buying 5 SKM would cost 0.7923 UGX. Similarly, Sh1 UGX can be converted to 6.31 SKM, and Sh50 UGX can be converted to 31.55 SKM, excluding any platform or gas fees.

Convert SKM to UGX

Convert UGX to SKM

Skrumble Network
Ugandan shilling
10000 SKM
1,584.63  UGX
In the table above, you'll find a comprehensive SKM to UGX converter that shows the value of Skrumble Network in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 SKM to UGX, all the way up to 10000 SKM, providing a clear view of their respective values.
Ugandan shilling
Skrumble Network
10000 UGX
63,106.28 SKM
50000 UGX
315,531.42 SKM
100000 UGX
631,062.84 SKM
In the table above, you'll find a comprehensive UGX to SKM converter that shows the value of Ugandan shilling in Skrumble Network across commonly used conversion amounts. The list covers conversions from 1 UGX to SKM, all the way up to 100000 UGX, providing a clear view of their respective values.

SKM to UGX chart

SKM/UGX: 1 SKM = 0.1585 UGX; 2025/06/21 19:03:22
In the past 1D, Skrumble Network has changed +5.33% to UGX. Based on the trend and price charts, Skrumble Network(SKM) has changed +5.33% to UGX while Ugandan shilling(UGX) has changed % to SKM in the last 24 hours.
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SKM to UGX conversion data: Volatility and price changes of Skrumble Network in UGX

The highest Skrumble Network price in UGX over the past 7 days was 0.1820 UGX while the lowest Skrumble Network price in UGX over the past 7 days was 0.1443 UGX. The relative change between the highs and lows in Skrumble Network price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and SKM 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
0.1595 UGX
0.1820 UGX
0.2108 UGX
0.2658 UGX
Low
0.1504 UGX
0.1443 UGX
0.1049 UGX
0.09509 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+5.33%
-12.15%
+43.33%
+64.96%

Skrumble Network information

SKM to UGX market statistics

SKM/UGX:
Sh0.1585
SKM 24h volume:
Sh290,867,425.08
SKM market cap:
--
SKM circulating supply:
0 SKM

Current SKM to UGX exchange rate

Skrumble Network to Ugandan shilling is falling this week.
Skrumble Network's current market price is Sh0.1585 per SKM, with a total market cap of Sh0 UGX based on a circulating supply of -- SKM. The trading volume of Skrumble Network has changed by -23.76% (Sh-90,623,566.55 UGX) in the last 24 hours. Last trading day, SKM's trading volume was Sh381,490,991.63.

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

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How to convert SKM to UGX

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SKM to UGX Conversion tables

The exchange rate of Skrumble Network is increasing.
The exchange rate of 1 SKM to Ugandan shilling has changed by -12.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.33%, reaching a high of 0.1595 UGX and a low of 0.1504 UGX . One month ago, the value of 1 SKM was Sh0.1105 UGX , which represents a +43.33% change from its current value. Over the last year, Skrumble Network has changed by
-Sh
0.3934UGX
, resulting in a change of -71.28% in its value.
24 hours ago1 month ago1 year ago
Amount 19:03 today 24 hours ago 24h change
0.5 SKM
Sh0.07923Sh0.07522
+5.33%
1 SKM
Sh0.1585Sh0.1504
+5.33%
5 SKM
Sh0.7923Sh0.7522
+5.33%
10 SKM
Sh1.58Sh1.5
+5.33%
50 SKM
Sh7.92Sh7.52
+5.33%
100 SKM
Sh15.85Sh15.04
+5.33%
500 SKM
Sh79.23Sh75.22
+5.33%
1000 SKM
Sh158.46Sh150.44
+5.33%

SKM to UGX FAQ

How much is 1 Skrumble Network in UGX?
Right now, the price of 1 Skrumble Network (SKM) in Ugandan shilling (UGX) is Sh0.1585.
How much SKM can I buy for 1 UGX?
Based on the current exchange rate, you can get 6.31 SKM for 1 UGX.
How do I calculate or convert SKM to UGX?
You can use our SKM to UGX calculator at the top of this page to convert any amount of SKM to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 31.55 SKM, while 5 SKM will cost around 0.7923UGX.
What is the highest price of SKM/UGX in history?
The all-time high price of 1 SKM in UGX is Sh376.16. It remains to be seen if the value of 1 SKM/UGX will exceed the current all-time high.
What is the price trend of Skrumble Network in UGX?
Over the past 7 days, the exchange rate of Skrumble Network (SKM) has gone down by 12.15%.   Over the last month, the exchange rate of Skrumble Network (SKM) has gone up by 43.33% against Ugandan shilling (UGX).

What factors influence the conversion rate of SKM to UGX?

There are many factors that affect the relationship between Skrumble Network 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 SKM/UGX. When there is positive news in the market about the widespread adoption of SKM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SKM/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SKM/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 SKM/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 Skrumble Network 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 Skrumble Network currency pairs: SKM to US Dollar (USD), SKM to Euro (EUR), SKM to Pound Sterling (GBP), SKM to Canadian Dollar (CAD), SKM to Indian Rupee (INR), SKM to Pakistani Rupee (PKR), SKM to Brazilian Real (BRL), SKM to…
The price of Skrumble Network in the US is $0.{4}4394 USD. Additionally, Skrumble Network’s price is €0.{4}3812 EUR in the eurozone, £0.{4}3265 GBP in the UK, C$0.{4}6033 CAD in Canada, ₹0.003805 INR in India, ₨0.01247 PKR in Pakistan, R$0.0002422 BRL in Brazil, and more.
The most popular Skrumble Network currency pair is the SKM to Ugandan shilling(UGX). The price of 1 Skrumble Network (SKM) in Ugandan shilling (UGX) is Sh0.1585.

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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.