MON
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 MON(MON) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MON at a value of 1 MON for 444.17 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 MON currency pair is the MON to UGX, with for MON's currency code being MON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MON to UGX conversion rate trend
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In the past 1D, MON has changed -4.71% to UGX. Based on the trend and price charts, MON(MON) has changed -4.71% to UGX while Ugandan Shilling(UGX) has changed % to MON in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh440.74 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | Sh442.45 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh442.74 | 0.1000% / 0.1000% | Yes |
Bybit | Sh440.88 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh442.82 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 16:00:15(UTC+0)
How to buy MON
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Buy MON (MON)
Use a variety of payment options to buy MON on Bitget. We'll show you how.
Learn MoreBuy MON (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MON with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MON 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 MON (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MON to UGX. However, you can first exchange MON 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 MON to Ugandan Shilling?
MON to Ugandan Shilling is falling this week.MON's current market price is Sh 444.17 per MON, with a total market cap of Sh 94,371,647,800.73 UGX based on a circulating supply of 212,467,250 MON. The trading volume of MON has changed by -34.32% (Sh -8,675,044,821.52 UGX) in the last 24 hours. Last trading day, MON's trading volume was Sh 25,279,662,497.18.
Market cap
$25.83M
24h volume
$4.54M
Circulating supply
212.47M MON
Conversion tables
The exchange rate of MON is increasing.1 MON is currently valued at Sh 444.17 UGX , which means buying 5 MON will cost Sh 2,220.85 UGX . Similarly, Sh1 UGX can be traded for 0.002251 MON, and Sh50 UGX can be converted to 0.1126 MON, excluding any platform or gas fees.
The exchange rate of 1 MON to Ugandan Shilling has changed by -12.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.71%, reaching a high of 473.39 UGX and a low of 437.5 UGX . One month ago, the value of 1 MON was Sh 333.04 UGX , which represents a +33.37% change from its current value. Over the last year, MON has changed by , resulting in a change of -81.84% in its value.
-Sh
2,001.46UGXMON to UGX
Amount
19:01 today
0.5 MON
Sh222.09
1 MON
Sh444.17
5 MON
Sh2,220.85
10 MON
Sh4,441.7
50 MON
Sh22,208.52
100 MON
Sh44,417.03
500 MON
Sh222,085.16
1000 MON
Sh444,170.33
UGX to MON
Amount19:01 today
0.5UGX0.001126 MON
1UGX0.002251 MON
5UGX0.01126 MON
10UGX0.02251 MON
50UGX0.1126 MON
100UGX0.2251 MON
500UGX1.13 MON
1000UGX2.25 MON
Today vs. 24 hours ago
| Amount | 19:01 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MON | $0.06079 | $0.06379 | -4.71% |
| 1 MON | $0.1216 | $0.1276 | -4.71% |
| 5 MON | $0.6079 | $0.6379 | -4.71% |
| 10 MON | $1.22 | $1.28 | -4.71% |
| 50 MON | $6.08 | $6.38 | -4.71% |
| 100 MON | $12.16 | $12.76 | -4.71% |
| 500 MON | $60.79 | $63.79 | -4.71% |
| 1000 MON | $121.57 | $127.59 | -4.71% |
Today vs. 1 month ago
| Amount | 19:01 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MON | $0.06079 | $0.04558 | +33.37% |
| 1 MON | $0.1216 | $0.09115 | +33.37% |
| 5 MON | $0.6079 | $0.4558 | +33.37% |
| 10 MON | $1.22 | $0.9115 | +33.37% |
| 50 MON | $6.08 | $4.56 | +33.37% |
| 100 MON | $12.16 | $9.12 | +33.37% |
| 500 MON | $60.79 | $45.58 | +33.37% |
| 1000 MON | $121.57 | $91.15 | +33.37% |
Today vs. 1 year ago
| Amount | 19:01 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MON | $0.06079 | $0.3347 | -81.84% |
| 1 MON | $0.1216 | $0.6694 | -81.84% |
| 5 MON | $0.6079 | $3.35 | -81.84% |
| 10 MON | $1.22 | $6.69 | -81.84% |
| 50 MON | $6.08 | $33.47 | -81.84% |
| 100 MON | $12.16 | $66.94 | -81.84% |
| 500 MON | $60.79 | $334.69 | -81.84% |
| 1000 MON | $121.57 | $669.37 | -81.84% |
MON price prediction
What will the price of MON be in 2025?
Based on MON's historical price performance prediction model, the price of MON is projected to reach $0.1915 in 2025.
What will the price of MON be in 2030?
In 2030, the MON price is expected to change by -2.00%. By the end of 2030, the MON price is projected to reach $0.3206, with a cumulative ROI of +148.69%.
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Popular MON conversions
Check out these popular currency conversions of MON to several fiat currencies.
MON to USD
1 MON to $ 0.1216 USD
MON to GBP
1 MON to £ 0.09673 GBP
MON to EUR
1 MON to € 0.1165 EUR
MON to KRW
1 MON to ₩ 175.84 KRW
MON to CAD
1 MON to $ 0.1746 CAD
MON to AUD
1 MON to $ 0.1945 AUD
MON to JPY
1 MON to ¥ 19.02 JPY
MON to BRL
1 MON to R$ 0.7399 BRL
MON to CNY
1 MON to ¥ 0.8871 CNY
MON to TWD
1 MON to NT$ 3.97 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in MON.
Hive to UGX
1 HIVE to Sh 1,280.18 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 2,694.57 UGX
IDEX to UGX
1 IDEX to Sh 220.72 UGX
BitTorrent [New] to UGX
1 BTT to Sh 0.004148 UGX
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Shoggoth (shoggoth.monster) to UGX
1 SHOGGOTH to Sh 207.88 UGX
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FTX Token to UGX
1 FTT to Sh 10,672.52 UGX
LUCE to UGX
1 LUCE to Sh 326.78 UGX
HEX (PulseChain) to UGX
1 HEX to Sh 57.17 UGX
DeXe to UGX
1 DEXE to Sh 37,056.89 UGX
Livepeer to UGX
1 LPT to Sh 59,795.32 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 MON 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 MON 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 MON 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.
