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SKL to UGX Converter and calculator

SKL/UGX: 1 SKL = 98.62 UGX. The price of converting 1 SKALE (SKL) to Ugandan shilling (UGX) is 98.62 UGX today.
SKL
SKL
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SKL to UGX real-time exchange rates, making it easy to convert SKALE (SKL) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 SKL is currently valued at 98.62 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SKL is currently valued at 98.62 UGX, which means buying 5 SKL would cost 493.10 UGX. Similarly, Sh1 UGX can be converted to 0.01014 SKL, and Sh50 UGX can be converted to 0.05070 SKL, excluding any platform or gas fees.

Convert SKL to UGX

Convert UGX to SKL

SKALE
Ugandan shilling
100 SKL
9,862.04  UGX
200 SKL
19,724.08  UGX
500 SKL
49,310.2  UGX
1000 SKL
98,620.41  UGX
5000 SKL
493,102.03  UGX
10000 SKL
986,204.06  UGX
In the table above, you'll find a comprehensive SKL to UGX converter that shows the value of SKALE in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 SKL to UGX, all the way up to 10000 SKL, providing a clear view of their respective values.
Ugandan shilling
SKALE
100000 UGX
1,013.99 SKL
In the table above, you'll find a comprehensive UGX to SKL converter that shows the value of Ugandan shilling in SKALE across commonly used conversion amounts. The list covers conversions from 1 UGX to SKL, all the way up to 100000 UGX, providing a clear view of their respective values.

SKL to UGX chart

SKL/UGX: 1 SKL = 98.62 UGX; 2025/05/11 18:20:56
In the past 1D, SKALE has changed +2.24% to UGX. Based on the trend and price charts, SKALE(SKL) has changed +2.24% to UGX while Ugandan shilling(UGX) has changed % to SKL in the last 24 hours.
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SKL to UGX conversion data: Volatility and price changes of SKALE in UGX

The highest SKALE price in UGX over the past 7 days was 102.85 UGX while the lowest SKALE price in UGX over the past 7 days was 73.16 UGX. The relative change between the highs and lows in SKALE price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and SKL 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
102.85 UGX
102.85 UGX
104.66 UGX
149.32 UGX
Low
96.32 UGX
73.16 UGX
68.89 UGX
60.11 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+2.24%
+27.11%
+35.03%
-31.54%

SKALE information

SKL to UGX market statistics

SKL/UGX:
Sh98.62
SKL 24h volume:
Sh85,210,849,450.04
SKL market cap:
Sh580,243,290,992.17
SKL circulating supply:
5.88B SKL

Current SKL to UGX exchange rate

SKALE to Ugandan shilling is rising this week.
SKALE's current market price is Sh98.62 per SKL, with a total market cap of Sh580,243,290,992.17 UGX based on a circulating supply of 5,883,602,400 SKL. The trading volume of SKALE has changed by +21.37% (Sh15,001,955,601.9 UGX) in the last 24 hours. Last trading day, SKL's trading volume was Sh70,208,893,848.14.

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

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How to convert SKL to UGX

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SKL to UGX Conversion tables

The exchange rate of SKALE is increasing.
The exchange rate of 1 SKL to Ugandan shilling has changed by +27.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.24%, reaching a high of 102.85 UGX and a low of 96.32 UGX . One month ago, the value of 1 SKL was Sh72.98 UGX , which represents a +35.03% change from its current value. Over the last year, SKALE has changed by
-Sh
166.25UGX
, resulting in a change of -62.72% in its value.
24 hours ago1 month ago1 year ago
Amount18:20 today24 hours ago24h change
0.5 SKLSh49.31Sh48.23
+2.24%
1 SKLSh98.62Sh96.45
+2.24%
5 SKLSh493.1Sh482.26
+2.24%
10 SKLSh986.2Sh964.52
+2.24%
50 SKLSh4,931.02Sh4,822.58
+2.24%
100 SKLSh9,862.04Sh9,645.17
+2.24%
500 SKLSh49,310.2Sh48,225.85
+2.24%
1000 SKLSh98,620.41Sh96,451.69
+2.24%

SKL to UGX FAQ

How much is 1 SKALE in UGX?
Right now, the price of 1 SKALE (SKL) in Ugandan shilling (UGX) is Sh98.62.
How much SKL can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.01014 SKL for 1 UGX.
How do I calculate or convert SKL to UGX?
You can use our SKL to UGX calculator at the top of this page to convert any amount of SKL to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.05070 SKL, while 5 SKL will cost around 493.1UGX.
What is the highest price of SKL/UGX in history?
The all-time high price of 1 SKL in UGX is Sh4,492.18. It remains to be seen if the value of 1 SKL/UGX will exceed the current all-time high.
What is the price trend of SKALE in UGX?
Over the past 7 days, the exchange rate of SKALE (SKL) has gone up by 27.11%.   Over the last month, the exchange rate of SKALE (SKL) has gone up by 35.03% against Ugandan shilling (UGX).

What factors influence the conversion rate of SKL to UGX?

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