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BGL to UGX Converter and calculator

BGL/UGX: 1 BGL = 171.32 UGX. The price of converting 1 Bitgesell (BGL) to Ugandan shilling (UGX) is 171.32 UGX today.
BGL
BGL
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BGL to UGX real-time exchange rates, making it easy to convert Bitgesell (BGL) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 BGL is currently valued at 171.32 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BGL is currently valued at 171.32 UGX, which means buying 5 BGL would cost 856.59 UGX. Similarly, Sh1 UGX can be converted to 0.005837 BGL, and Sh50 UGX can be converted to 0.02919 BGL, excluding any platform or gas fees.

Convert BGL to UGX

Convert UGX to BGL

Bitgesell
Ugandan shilling
100 BGL
17,131.88  UGX
200 BGL
34,263.77  UGX
500 BGL
85,659.42  UGX
1000 BGL
171,318.83  UGX
5000 BGL
856,594.16  UGX
10000 BGL
1,713,188.31  UGX
In the table above, you'll find a comprehensive BGL to UGX converter that shows the value of Bitgesell in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 BGL to UGX, all the way up to 10000 BGL, providing a clear view of their respective values.
Ugandan shilling
Bitgesell
In the table above, you'll find a comprehensive UGX to BGL converter that shows the value of Ugandan shilling in Bitgesell across commonly used conversion amounts. The list covers conversions from 1 UGX to BGL, all the way up to 100000 UGX, providing a clear view of their respective values.

BGL to UGX chart

BGL/UGX: 1 BGL = 171.32 UGX; 2025/06/12 06:57:28
In the past 1D, Bitgesell has changed -0.41% to UGX. Based on the trend and price charts, Bitgesell(BGL) has changed -0.41% to UGX while Ugandan shilling(UGX) has changed % to BGL in the last 24 hours.
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BGL to UGX conversion data: Volatility and price changes of Bitgesell in UGX

The highest Bitgesell price in UGX over the past 7 days was 200.05 UGX while the lowest Bitgesell price in UGX over the past 7 days was 163.25 UGX. The relative change between the highs and lows in Bitgesell price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and BGL to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
173.23 UGX
200.05 UGX
199.83 UGX
253.71 UGX
Low
171.32 UGX
163.25 UGX
163.25 UGX
145.16 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-0.41%
-6.05%
-14.90%
-17.59%

Bitgesell information

BGL to UGX market statistics

BGL/UGX:
Sh171.32
BGL 24h volume:
Sh1,485,122.41
BGL market cap:
Sh2,768,157,743.71
BGL circulating supply:
16.16M BGL

Current BGL to UGX exchange rate

Bitgesell to Ugandan shilling is falling this week.
Bitgesell's current market price is Sh171.32 per BGL, with a total market cap of Sh2,768,157,743.71 UGX based on a circulating supply of 16,157,930 BGL. The trading volume of Bitgesell has changed by -50.06% (Sh-1,488,559.99 UGX) in the last 24 hours. Last trading day, BGL's trading volume was Sh2,973,682.39.

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

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How to convert BGL to UGX

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BGL to UGX Conversion tables

The exchange rate of Bitgesell is decreasing.
The exchange rate of 1 BGL to Ugandan shilling has changed by -6.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.41%, reaching a high of 173.23 UGX and a low of 171.32 UGX . One month ago, the value of 1 BGL was Sh201.31 UGX , which represents a -14.90% change from its current value. Over the last year, Bitgesell has changed by
-Sh
99.8UGX
, resulting in a change of -36.81% in its value.
24 hours ago1 month ago1 year ago
Amount06:57 am today24 hours ago24h change
0.5 BGL
Sh85.66Sh86.01
-0.41%
1 BGL
Sh171.32Sh172.02
-0.41%
5 BGL
Sh856.59Sh860.08
-0.41%
10 BGL
Sh1,713.19Sh1,720.16
-0.41%
50 BGL
Sh8,565.94Sh8,600.82
-0.41%
100 BGL
Sh17,131.88Sh17,201.64
-0.41%
500 BGL
Sh85,659.42Sh86,008.22
-0.41%
1000 BGL
Sh171,318.83Sh172,016.44
-0.41%

BGL to UGX FAQ

How much is 1 Bitgesell in UGX?
Right now, the price of 1 Bitgesell (BGL) in Ugandan shilling (UGX) is Sh171.32.
How much BGL can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.005837 BGL for 1 UGX.
How do I calculate or convert BGL to UGX?
You can use our BGL to UGX calculator at the top of this page to convert any amount of BGL to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.02919 BGL, while 5 BGL will cost around 856.59UGX.
What is the highest price of BGL/UGX in history?
The all-time high price of 1 BGL in UGX is Sh22,605.07. It remains to be seen if the value of 1 BGL/UGX will exceed the current all-time high.
What is the price trend of Bitgesell in UGX?
Over the past 7 days, the exchange rate of Bitgesell (BGL) has gone down by 6.05%.   Over the last month, the exchange rate of Bitgesell (BGL) has gone down by 14.90% against Ugandan shilling (UGX).

What factors influence the conversion rate of BGL to UGX?

There are many factors that affect the relationship between Bitgesell 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 BGL/UGX. When there is positive news in the market about the widespread adoption of BGL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BGL/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BGL/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 BGL/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 Bitgesell and adjust their investment strategies accordingly in the evolving market.

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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.