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OIL to UGX Converter and calculator

OIL/UGX: 1 OIL = 104.09 UGX. The price of converting 1 Oiler Network (OIL) to Ugandan shilling (UGX) is 104.09 UGX today.
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UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OIL to UGX real-time exchange rates, making it easy to convert Oiler Network (OIL) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 OIL is currently valued at 104.09 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OIL is currently valued at 104.09 UGX, which means buying 5 OIL would cost 520.44 UGX. Similarly, Sh1 UGX can be converted to 0.009607 OIL, and Sh50 UGX can be converted to 0.04804 OIL, excluding any platform or gas fees.

Convert OIL to UGX

Convert UGX to OIL

Oiler Network
Ugandan shilling
1 OIL
104.09  UGX
Exchange 1 OIL for 104.09 UGX
2 OIL
208.18  UGX
Exchange 2 OIL for 208.18 UGX
5 OIL
520.44  UGX
Exchange 5 OIL for 520.44 UGX
10 OIL
1,040.88  UGX
Exchange 10 OIL for 1,040.88 UGX
20 OIL
2,081.76  UGX
Exchange 20 OIL for 2,081.76 UGX
50 OIL
5,204.39  UGX
Exchange 50 OIL for 5,204.39 UGX
100 OIL
10,408.78  UGX
Exchange 100 OIL for 10,408.78 UGX
200 OIL
20,817.57  UGX
Exchange 200 OIL for 20,817.57 UGX
500 OIL
52,043.92  UGX
Exchange 500 OIL for 52,043.92 UGX
1000 OIL
104,087.84  UGX
Exchange 1000 OIL for 104,087.84 UGX
5000 OIL
520,439.18  UGX
Exchange 5000 OIL for 520,439.18 UGX
10000 OIL
1,040,878.37  UGX
Exchange 10000 OIL for 1,040,878.37 UGX
In the table above, you'll find a comprehensive OIL to UGX converter that shows the value of Oiler Network in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 OIL to UGX, all the way up to 10000 OIL, providing a clear view of their respective values.
Ugandan shilling
Oiler Network
1 UGX
0.009607 OIL
Exchange 1 UGX for 0.009607 OIL
10 UGX
0.09607 OIL
Exchange 10 UGX for 0.09607 OIL
50 UGX
0.4804 OIL
Exchange 50 UGX for 0.4804 OIL
100 UGX
0.9607 OIL
Exchange 100 UGX for 0.9607 OIL
200 UGX
1.92 OIL
Exchange 200 UGX for 1.92 OIL
500 UGX
4.8 OIL
Exchange 500 UGX for 4.8 OIL
1000 UGX
9.61 OIL
Exchange 1000 UGX for 9.61 OIL
2000 UGX
19.21 OIL
Exchange 2000 UGX for 19.21 OIL
5000 UGX
48.04 OIL
Exchange 5000 UGX for 48.04 OIL
10000 UGX
96.07 OIL
Exchange 10000 UGX for 96.07 OIL
50000 UGX
480.36 OIL
Exchange 50000 UGX for 480.36 OIL
100000 UGX
960.73 OIL
Exchange 100000 UGX for 960.73 OIL
In the table above, you'll find a comprehensive UGX to OIL converter that shows the value of Ugandan shilling in Oiler Network across commonly used conversion amounts. The list covers conversions from 1 UGX to OIL, all the way up to 100000 UGX, providing a clear view of their respective values.

OIL to UGX chart

OIL/UGX: 1 OIL = 104.09 UGX; 2025/12/08 00:49:43
In the past 1D, Oiler Network has changed +2.03% to UGX. Based on the trend and price charts, Oiler Network(OIL) has changed +2.03% to UGX while Ugandan shilling(UGX) has changed % to OIL in the last 24 hours.
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OIL to UGX conversion data: Volatility and price changes of Oiler Network in UGX

The highest Oiler Network price in UGX over the past 7 days was 340.8 UGX while the lowest Oiler Network price in UGX over the past 7 days was 101.85 UGX. The relative change between the highs and lows in Oiler Network price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and OIL 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
104.53 UGX
340.8 UGX
340.8 UGX
340.8 UGX
Low
101.85 UGX
101.85 UGX
101.85 UGX
101.85 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+2.03%
-26.24%
-32.97%
-44.65%

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Bitget P2P trading does not currently support direct buying of OIL with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy OIL with USDT via Bitget spot market.
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Oiler Network information

OIL to UGX market statistics

OIL/UGX:
Sh104.09
OIL 24h volume:
Sh21,767,341.19
OIL market cap:
Sh3,821,688,987.03
OIL circulating supply:
36.72M OIL

Current OIL to UGX exchange rate

Oiler Network to Ugandan shilling is rising this week.
Oiler Network's current market price is Sh104.09 per OIL, with a total market cap of Sh3,821,688,987.03 UGX based on a circulating supply of 36,716,000 OIL. The trading volume of Oiler Network has changed by -99.47% (Sh-4,122,813,996.63 UGX) in the last 24 hours. Last trading day, OIL's trading volume was Sh4,144,581,337.82.

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

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How to convert OIL to UGX

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OIL to UGX Conversion tables

The exchange rate of Oiler Network is increasing.
The exchange rate of 1 OIL to Ugandan shilling has changed by -26.24% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.03%, reaching a high of 104.53 UGX and a low of 101.85 UGX . One month ago, the value of 1 OIL was Sh0 UGX , which represents a -32.97% change from its current value. Over the last year, Oiler Network has changed by
+Sh
104.09UGX
, resulting in a change of -31.29% in its value.
24 hours ago1 month ago1 year ago
Amount 00:49 am today 24 hours ago 24h change
0.5 OIL
Sh52.04Sh51.01
+2.03%
1 OIL
Sh104.09Sh102.01
+2.03%
5 OIL
Sh520.44Sh510.06
+2.03%
10 OIL
Sh1,040.88Sh1,020.12
+2.03%
50 OIL
Sh5,204.39Sh5,100.61
+2.03%
100 OIL
Sh10,408.78Sh10,201.21
+2.03%
500 OIL
Sh52,043.92Sh51,006.07
+2.03%
1000 OIL
Sh104,087.84Sh102,012.14
+2.03%

OIL to UGX FAQ

How much is 1 Oiler Network in UGX?
Right now, the price of 1 Oiler Network (OIL) in Ugandan shilling (UGX) is Sh104.09.
How much OIL can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.009607 OIL for 1 UGX.
How do I calculate or convert OIL to UGX?
You can use our OIL to UGX calculator at the top of this page to convert any amount of OIL to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.04804 OIL, while 5 OIL will cost around 520.44UGX.
What is the highest price of OIL/UGX in history?
The all-time high price of 1 OIL in UGX is Sh10,883.87. It remains to be seen if the value of 1 OIL/UGX will exceed the current all-time high.
What is the price trend of Oiler Network in UGX?
Over the past 7 days, the exchange rate of Oiler Network (OIL) has gone down by 26.24%.   Over the last month, the exchange rate of Oiler Network (OIL) has gone down by 32.97% against Ugandan shilling (UGX).

What factors influence the conversion rate of OIL to UGX?

There are many factors that affect the relationship between Oiler 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 OIL/UGX. When there is positive news in the market about the widespread adoption of OIL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OIL/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OIL/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 OIL/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 Oiler 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 Oiler Network currency pairs: OIL to US Dollar (USD), OIL to Euro (EUR), OIL to Pound Sterling (GBP), OIL to Canadian Dollar (CAD), OIL to Indian Rupee (INR), OIL to Pakistani Rupee (PKR), OIL to Brazilian Real (BRL), OIL to…
The price of Oiler Network in the US is $0.02943 USD. Additionally, Oiler Network’s price is €0.02528 EUR in the eurozone, £0.02208 GBP in the UK, C$0.04070 CAD in Canada, ₹2.65 INR in India, ₨8.25 PKR in Pakistan, R$0.1601 BRL in Brazil, and more.
The most popular Oiler Network currency pair is the OIL to Ugandan shilling(UGX). The price of 1 Oiler Network (OIL) in Ugandan shilling (UGX) is Sh104.09.

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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.