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NKN to Ugandan shilling (NKN to UGX)

NKN to UGX Converter and calculator

NKN/UGX: 1 NKN = 44.24 UGX. The price of converting 1 NKN (NKN) to Ugandan shilling (UGX) is 44.24 UGX today.
NKN
NKN
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NKN to UGX real-time exchange rates, making it easy to convert NKN (NKN) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 NKN is currently valued at 44.24 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NKN is currently valued at 44.24 UGX, which means buying 5 NKN would cost 221.22 UGX. Similarly, Sh1 UGX can be converted to 0.02260 NKN, and Sh50 UGX can be converted to 0.1130 NKN, excluding any platform or gas fees.

Convert NKN to UGX

Convert UGX to NKN

NKN
Ugandan shilling
1 NKN
44.24  UGX
Exchange 1 NKN for 44.24 UGX
2 NKN
88.49  UGX
Exchange 2 NKN for 88.49 UGX
5 NKN
221.22  UGX
Exchange 5 NKN for 221.22 UGX
10 NKN
442.44  UGX
Exchange 10 NKN for 442.44 UGX
20 NKN
884.88  UGX
Exchange 20 NKN for 884.88 UGX
50 NKN
2,212.2  UGX
Exchange 50 NKN for 2,212.2 UGX
100 NKN
4,424.41  UGX
Exchange 100 NKN for 4,424.41 UGX
200 NKN
8,848.81  UGX
Exchange 200 NKN for 8,848.81 UGX
500 NKN
22,122.04  UGX
Exchange 500 NKN for 22,122.04 UGX
1000 NKN
44,244.07  UGX
Exchange 1000 NKN for 44,244.07 UGX
5000 NKN
221,220.37  UGX
Exchange 5000 NKN for 221,220.37 UGX
10000 NKN
442,440.74  UGX
Exchange 10000 NKN for 442,440.74 UGX
In the table above, you'll find a comprehensive NKN to UGX converter that shows the value of NKN in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 NKN to UGX, all the way up to 10000 NKN, providing a clear view of their respective values.
Ugandan shilling
NKN
1 UGX
0.02260 NKN
Exchange 1 UGX for 0.02260 NKN
10 UGX
0.2260 NKN
Exchange 10 UGX for 0.2260 NKN
50 UGX
1.13 NKN
Exchange 50 UGX for 1.13 NKN
100 UGX
2.26 NKN
Exchange 100 UGX for 2.26 NKN
200 UGX
4.52 NKN
Exchange 200 UGX for 4.52 NKN
500 UGX
11.3 NKN
Exchange 500 UGX for 11.3 NKN
1000 UGX
22.6 NKN
Exchange 1000 UGX for 22.6 NKN
2000 UGX
45.2 NKN
Exchange 2000 UGX for 45.2 NKN
5000 UGX
113.01 NKN
Exchange 5000 UGX for 113.01 NKN
10000 UGX
226.02 NKN
Exchange 10000 UGX for 226.02 NKN
50000 UGX
1,130.09 NKN
Exchange 50000 UGX for 1,130.09 NKN
100000 UGX
2,260.19 NKN
Exchange 100000 UGX for 2,260.19 NKN
In the table above, you'll find a comprehensive UGX to NKN converter that shows the value of Ugandan shilling in NKN across commonly used conversion amounts. The list covers conversions from 1 UGX to NKN, all the way up to 100000 UGX, providing a clear view of their respective values.

NKN to UGX chart

NKN/UGX: 1 NKN = 44.24 UGX; 2025/12/27 22:36:14
In the past 1D, NKN has changed +4.07% to UGX. Based on the trend and price charts, NKN(NKN) has changed +4.07% to UGX while Ugandan shilling(UGX) has changed % to NKN in the last 24 hours.
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NKN to UGX conversion data: Volatility and price changes of in UGX

The highest price in UGX over the past 7 days was 44.28 UGX while the lowest price in UGX over the past 7 days was 40.76 UGX. The relative change between the highs and lows in price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and NKN 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
44.28 UGX
44.28 UGX
55.42 UGX
100.9 UGX
Low
41.76 UGX
40.76 UGX
38.35 UGX
35.89 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+4.07%
+2.10%
-20.69%
-48.26%

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NKN information

NKN to UGX market statistics

NKN/UGX:
Sh44.24
NKN 24h volume:
Sh2,564,128,062.35
NKN market cap:
Sh35,202,199,260.18
NKN circulating supply:
795.64M NKN

Current NKN to UGX exchange rate

NKN to Ugandan shilling is rising this week.
NKN's current market price is Sh44.24 per NKN, with a total market cap of Sh35,202,199,260.18 UGX based on a circulating supply of 795,636,540 NKN. The trading volume of NKN has changed by -37.45% (Sh-1,535,072,860.96 UGX) in the last 24 hours. Last trading day, NKN's trading volume was Sh4,099,200,923.31.

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

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How to convert NKN to UGX

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Convert NKN to UGX
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NKN to UGX Conversion tables

The exchange rate of NKN is decreasing.
The exchange rate of 1 NKN to Ugandan shilling has changed by +2.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.07%, reaching a high of 44.28 UGX and a low of 41.76 UGX . One month ago, the value of 1 NKN was Sh55.77 UGX , which represents a -20.69% change from its current value. Over the last year, NKN has changed by
-Sh
306.28UGX
, resulting in a change of -87.40% in its value.
24 hours ago1 month ago1 year ago
Amount 22:36 today 24 hours ago 24h change
0.5 NKN
Sh22.12Sh21.26
+4.07%
1 NKN
Sh44.24Sh42.52
+4.07%
5 NKN
Sh221.22Sh212.59
+4.07%
10 NKN
Sh442.44Sh425.18
+4.07%
50 NKN
Sh2,212.2Sh2,125.9
+4.07%
100 NKN
Sh4,424.41Sh4,251.79
+4.07%
500 NKN
Sh22,122.04Sh21,258.96
+4.07%
1000 NKN
Sh44,244.07Sh42,517.93
+4.07%

NKN to UGX FAQ

How much is 1 NKN in UGX?
Right now, the price of 1 NKN (NKN) in Ugandan shilling (UGX) is Sh44.24.
How much NKN can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.02260 NKN for 1 UGX.
How do I calculate or convert NKN to UGX?
You can use our NKN to UGX calculator at the top of this page to convert any amount of NKN to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.1130 NKN, while 5 NKN will cost around 221.22UGX.
What is the highest price of NKN/UGX in history?
The all-time high price of 1 NKN in UGX is Sh5,355.19. It remains to be seen if the value of 1 NKN/UGX will exceed the current all-time high.
What is the price trend of in UGX?
Over the past 7 days, the exchange rate of NKN (NKN) has gone up by 2.10%.   Over the last month, the exchange rate of NKN (NKN) has gone down by 20.69% against Ugandan shilling (UGX).

What factors influence the conversion rate of NKN to UGX?

There are many factors that affect the relationship between NKN 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 NKN/UGX. When there is positive news in the market about the widespread adoption of NKN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NKN/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NKN/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 NKN/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 NKN 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 NKN currency pairs: NKN to US Dollar (USD), NKN to Euro (EUR), NKN to Pound Sterling (GBP), NKN to Canadian Dollar (CAD), NKN to Indian Rupee (INR), NKN to Pakistani Rupee (PKR), NKN to Brazilian Real (BRL), NKN to…
The price of NKN in the US is $0.01226 USD. Additionally, NKN’s price is €0.01041 EUR in the eurozone, £0.009077 GBP in the UK, C$0.01677 CAD in Canada, ₹1.1 INR in India, ₨3.43 PKR in Pakistan, R$0.06795 BRL in Brazil, and more.
The most popular NKN currency pair is the NKN to Ugandan shilling(UGX). The price of 1 NKN (NKN) in Ugandan shilling (UGX) is Sh44.24.

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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.
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