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BAX to UGX Converter and calculator

BAX/UGX: 1 BAX = 0.1048 UGX. The price of converting 1 BABB (BAX) to Ugandan shilling (UGX) is 0.1048 UGX today.
BAX
BAX
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BAX to UGX real-time exchange rates, making it easy to convert BABB (BAX) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 BAX is currently valued at 0.1048 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BAX is currently valued at 0.1048 UGX, which means buying 5 BAX would cost 0.5239 UGX. Similarly, Sh1 UGX can be converted to 9.54 BAX, and Sh50 UGX can be converted to 47.72 BAX, excluding any platform or gas fees.

Convert BAX to UGX

Convert UGX to BAX

BABB
Ugandan shilling
10000 BAX
1,047.86  UGX
In the table above, you'll find a comprehensive BAX to UGX converter that shows the value of BABB in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 BAX to UGX, all the way up to 10000 BAX, providing a clear view of their respective values.
Ugandan shilling
BABB
50000 UGX
477,163.48 BAX
100000 UGX
954,326.95 BAX
In the table above, you'll find a comprehensive UGX to BAX converter that shows the value of Ugandan shilling in BABB across commonly used conversion amounts. The list covers conversions from 1 UGX to BAX, all the way up to 100000 UGX, providing a clear view of their respective values.

BAX to UGX chart

BAX/UGX: 1 BAX = 0.1048 UGX; 2025/07/13 17:17:00
In the past 1D, BABB has changed +7.67% to UGX. Based on the trend and price charts, BABB(BAX) has changed +7.67% to UGX while Ugandan shilling(UGX) has changed % to BAX in the last 24 hours.
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BAX to UGX conversion data: Volatility and price changes of BABB in UGX

The highest BABB price in UGX over the past 7 days was 0.1185 UGX while the lowest BABB price in UGX over the past 7 days was 0.09770 UGX. The relative change between the highs and lows in BABB price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and BAX 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
0.1185 UGX
0.1185 UGX
0.1428 UGX
0.1825 UGX
Low
0.1064 UGX
0.09770 UGX
0.09770 UGX
0.09770 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+7.67%
-2.40%
-16.16%
-33.39%

BABB information

BAX to UGX market statistics

BAX/UGX:
Sh0.1048
BAX 24h volume:
Sh30,171,593.33
BAX market cap:
Sh8,190,059,563.55
BAX circulating supply:
78.16B BAX

Current BAX to UGX exchange rate

BABB to Ugandan shilling is falling this week.
BABB's current market price is Sh0.1048 per BAX, with a total market cap of Sh8,190,059,563.55 UGX based on a circulating supply of 78,159,946,000 BAX. The trading volume of BABB has changed by -20.20% (Sh-7,635,810.03 UGX) in the last 24 hours. Last trading day, BAX's trading volume was Sh37,807,403.35.

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

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How to convert BAX to UGX

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BAX to UGX Conversion tables

The exchange rate of BABB is decreasing.
The exchange rate of 1 BAX to Ugandan shilling has changed by -2.40% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.67%, reaching a high of 0.1185 UGX and a low of 0.1064 UGX . One month ago, the value of 1 BAX was Sh0.1272 UGX , which represents a -16.16% change from its current value. Over the last year, BABB has changed by
-Sh
0.1933UGX
, resulting in a change of -62.42% in its value.
24 hours ago1 month ago1 year ago
Amount 17:17 today 24 hours ago 24h change
0.5 BAX
Sh0.05239Sh0.04825
+7.67%
1 BAX
Sh0.1048Sh0.09650
+7.67%
5 BAX
Sh0.5239Sh0.4825
+7.67%
10 BAX
Sh1.05Sh0.9650
+7.67%
50 BAX
Sh5.24Sh4.82
+7.67%
100 BAX
Sh10.48Sh9.65
+7.67%
500 BAX
Sh52.39Sh48.25
+7.67%
1000 BAX
Sh104.79Sh96.5
+7.67%

BAX to UGX FAQ

How much is 1 BABB in UGX?
Right now, the price of 1 BABB (BAX) in Ugandan shilling (UGX) is Sh0.1048.
How much BAX can I buy for 1 UGX?
Based on the current exchange rate, you can get 9.54 BAX for 1 UGX.
How do I calculate or convert BAX to UGX?
You can use our BAX to UGX calculator at the top of this page to convert any amount of BAX to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 47.72 BAX, while 5 BAX will cost around 0.5239UGX.
What is the highest price of BAX/UGX in history?
The all-time high price of 1 BAX in UGX is Sh12.1. It remains to be seen if the value of 1 BAX/UGX will exceed the current all-time high.
What is the price trend of BABB in UGX?
Over the past 7 days, the exchange rate of BABB (BAX) has gone down by 2.40%.   Over the last month, the exchange rate of BABB (BAX) has gone down by 16.16% against Ugandan shilling (UGX).

What factors influence the conversion rate of BAX to UGX?

There are many factors that affect the relationship between BABB 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 BAX/UGX. When there is positive news in the market about the widespread adoption of BAX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BAX/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BAX/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 BAX/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 BABB 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 BABB currency pairs: BAX to US Dollar (USD), BAX to Euro (EUR), BAX to Pound Sterling (GBP), BAX to Canadian Dollar (CAD), BAX to Indian Rupee (INR), BAX to Pakistani Rupee (PKR), BAX to Brazilian Real (BRL), BAX to…
The price of BABB in the US is $0.{4}2924 USD. Additionally, BABB’s price is €0.{4}2500 EUR in the eurozone, £0.{4}2162 GBP in the UK, C$0.{4}4006 CAD in Canada, ₹0.002510 INR in India, ₨0.008316 PKR in Pakistan, R$0.0001626 BRL in Brazil, and more.
The most popular BABB currency pair is the BAX to Ugandan shilling(UGX). The price of 1 BABB (BAX) in Ugandan shilling (UGX) is Sh0.1048.

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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.