XGM
UGX
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Defis(XGM) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 XGM at a value of 1 XGM for 0.14 UGX . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
UGX 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 Defis currency pair is the XGM to UGX, with for Defis's currency code being XGM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
XGM to UGX conversion rate trend
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In the past 1D, Defis has changed -3.81% to UGX. Based on the trend and price charts, Defis(XGM) has changed -3.81% to UGX while Ugandan Shilling(UGX) has changed % to XGM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.1466 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/19 16:31:51(UTC+0)
How to buy Defis
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Buy Defis (XGM)
Use a variety of payment options to buy Defis on Bitget. We'll show you how.
Buy XGM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of XGM with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy XGM with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell XGM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of XGM to UGX. However, you can first exchange XGM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Defis to Ugandan Shilling?
Defis to Ugandan Shilling is falling this week.Defis's current market price is Sh 0.1421 per XGM, with a total market cap of Sh 19,126,922.24 UGX based on a circulating supply of 134,558,580 XGM. The trading volume of Defis has changed by -3.82% (Sh -1,996.20 UGX) in the last 24 hours. Last trading day, XGM's trading volume was Sh 52,290.65.
Market cap
$5.24K
24h volume
$13.78516806
Circulating supply
134.56M XGM
Conversion tables
The exchange rate of Defis is increasing.1 XGM is currently valued at Sh 0.1421 UGX , which means buying 5 XGM will cost Sh 0.7107 UGX . Similarly, Sh1 UGX can be traded for 7.04 XGM, and Sh50 UGX can be converted to 351.75 XGM, excluding any platform or gas fees.
The exchange rate of 1 XGM to Ugandan Shilling has changed by -2.74% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.81%, reaching a high of 0.1497 UGX and a low of 0.1398 UGX . One month ago, the value of 1 XGM was Sh 0.1336 UGX , which represents a +6.39% change from its current value. Over the last year, Defis has changed by , resulting in a change of +122.98% in its value.
+Sh
0.07840UGXXGM to UGX
Amount
22:51 today
0.5 XGM
Sh0.07107
1 XGM
Sh0.1421
5 XGM
Sh0.7107
10 XGM
Sh1.42
50 XGM
Sh7.11
100 XGM
Sh14.21
500 XGM
Sh71.07
1000 XGM
Sh142.15
UGX to XGM
Amount22:51 today
0.5UGX3.52 XGM
1UGX7.04 XGM
5UGX35.18 XGM
10UGX70.35 XGM
50UGX351.75 XGM
100UGX703.5 XGM
500UGX3,517.52 XGM
1000UGX7,035.04 XGM
Today vs. 24 hours ago
| Amount | 22:51 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 XGM | $0.{4}1948 | $0.{4}2025 | -3.81% |
| 1 XGM | $0.{4}3896 | $0.{4}4050 | -3.81% |
| 5 XGM | $0.0001948 | $0.0002025 | -3.81% |
| 10 XGM | $0.0003896 | $0.0004050 | -3.81% |
| 50 XGM | $0.001948 | $0.002025 | -3.81% |
| 100 XGM | $0.003896 | $0.004050 | -3.81% |
| 500 XGM | $0.01948 | $0.02025 | -3.81% |
| 1000 XGM | $0.03896 | $0.04050 | -3.81% |
Today vs. 1 month ago
| Amount | 22:51 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 XGM | $0.{4}1948 | $0.{4}1831 | +6.39% |
| 1 XGM | $0.{4}3896 | $0.{4}3662 | +6.39% |
| 5 XGM | $0.0001948 | $0.0001831 | +6.39% |
| 10 XGM | $0.0003896 | $0.0003662 | +6.39% |
| 50 XGM | $0.001948 | $0.001831 | +6.39% |
| 100 XGM | $0.003896 | $0.003662 | +6.39% |
| 500 XGM | $0.01948 | $0.01831 | +6.39% |
| 1000 XGM | $0.03896 | $0.03662 | +6.39% |
Today vs. 1 year ago
| Amount | 22:51 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 XGM | $0.{4}1948 | $0.{5}8736 | +122.98% |
| 1 XGM | $0.{4}3896 | $0.{4}1747 | +122.98% |
| 5 XGM | $0.0001948 | $0.{4}8736 | +122.98% |
| 10 XGM | $0.0003896 | $0.0001747 | +122.98% |
| 50 XGM | $0.001948 | $0.0008736 | +122.98% |
| 100 XGM | $0.003896 | $0.001747 | +122.98% |
| 500 XGM | $0.01948 | $0.008736 | +122.98% |
| 1000 XGM | $0.03896 | $0.01747 | +122.98% |
Defis price prediction
What will the price of XGM be in 2025?
Based on XGM's historical price performance prediction model, the price of XGM is projected to reach $0.{4}6272 in 2025.
What will the price of XGM be in 2030?
In 2030, the XGM price is expected to change by -11.00%. By the end of 2030, the XGM price is projected to reach $0.{4}5635, with a cumulative ROI of +35.26%.
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Popular Defis conversions
Check out these popular currency conversions of Defis to several fiat currencies.
Defis to USD
1 XGM to $ 0.{4}3896 USD
Defis to GBP
1 XGM to £ 0.{4}3116 GBP
Defis to EUR
1 XGM to € 0.{4}3759 EUR
Defis to KRW
1 XGM to ₩ 0.05637 KRW
Defis to CAD
1 XGM to $ 0.{4}5610 CAD
Defis to AUD
1 XGM to $ 0.{4}6243 AUD
Defis to JPY
1 XGM to ¥ 0.006132 JPY
Defis to BRL
1 XGM to R$ 0.0002398 BRL
Defis to CNY
1 XGM to ¥ 0.0002846 CNY
Defis to TWD
1 XGM to NT$ 0.001272 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Defis.
Peanut the Squirrel on Base(peanutonbase.xyz) to UGX
1 PNUT to Sh 1.19 UGX
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Bitcoin to UGX
1 BTC to Sh 356,263,771.56 UGX
Ethereum to UGX
1 ETH to Sh 12,504,560.28 UGX
XRP to UGX
1 XRP to Sh 8,259.25 UGX
Dogecoin to UGX
1 DOGE to Sh 1,165.3 UGX
Pepe to UGX
1 PEPE to Sh 0.06322 UGX
Movement to UGX
1 MOVE to Sh 2,707.61 UGX
Sui to UGX
1 SUI to Sh 14,946.23 UGX
NEAR Protocol to UGX
1 NEAR to Sh 19,217.15 UGX
Shiba Inu to UGX
1 SHIB to Sh 0.07948 UGX
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Defis and UGX.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Defis and UGX. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Defis in UGX, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
