UMA
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 UMA(UMA) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 UMA at a value of 1 UMA for 9,665.93 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 UMA currency pair is the UMA to UGX, with for UMA's currency code being UMA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
UMA to UGX conversion rate trend
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In the past 1D, UMA has changed -3.59% to UGX. Based on the trend and price charts, UMA(UMA) has changed -3.59% to UGX while Ugandan Shilling(UGX) has changed % to UMA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh9,360.56 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh9,331.33 | 0.1000% / 0.1000% | Yes |
OKX | Sh9,331.33 | 0.080% / 0.100% | Yes |
Huobi | Sh9,331.69 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh9,334.98 | 0.1000% / 0.1000% | Yes |
Bybit | Sh9,350.69 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh9,342.29 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy UMA
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy UMA (UMA)
Use a variety of payment options to buy UMA on Bitget. We'll show you how.
Learn MoreBuy UMA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of UMA with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy UMA with USDT via Bitget spot market.
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Sell UMA (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of UMA to UGX. However, you can first exchange UMA for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of UMA to Ugandan Shilling?
UMA to Ugandan Shilling is falling this week.UMA's current market price is Sh 9,665.93 per UMA, with a total market cap of Sh 809,733,045,964.78 UGX based on a circulating supply of 83,771,850 UMA. The trading volume of UMA has changed by -24.78% (Sh -33,084,904,131.92 UGX) in the last 24 hours. Last trading day, UMA's trading volume was Sh 133,503,230,686.35.
Market cap
$221.63M
24h volume
$27.48M
Circulating supply
83.77M UMA
Conversion tables
The exchange rate of UMA is increasing.1 UMA is currently valued at Sh 9,665.93 UGX , which means buying 5 UMA will cost Sh 48,329.66 UGX . Similarly, Sh1 UGX can be traded for 0.0001035 UMA, and Sh50 UGX can be converted to 0.005173 UMA, excluding any platform or gas fees.
The exchange rate of 1 UMA to Ugandan Shilling has changed by -24.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.59%, reaching a high of 10,073.23 UGX and a low of 9,111.03 UGX . One month ago, the value of 1 UMA was Sh 9,512.53 UGX , which represents a +1.61% change from its current value. Over the last year, UMA has changed by , resulting in a change of +22.46% in its value.
+Sh
1,772.67UGXUMA to UGX
Amount
10:42 am today
0.5 UMA
Sh4,832.97
1 UMA
Sh9,665.93
5 UMA
Sh48,329.66
10 UMA
Sh96,659.33
50 UMA
Sh483,296.65
100 UMA
Sh966,593.3
500 UMA
Sh4,832,966.49
1000 UMA
Sh9,665,932.99
UGX to UMA
Amount10:42 am today
0.5UGX0.{4}5173 UMA
1UGX0.0001035 UMA
5UGX0.0005173 UMA
10UGX0.001035 UMA
50UGX0.005173 UMA
100UGX0.01035 UMA
500UGX0.05173 UMA
1000UGX0.1035 UMA
Today vs. 24 hours ago
| Amount | 10:42 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 UMA | $1.32 | $1.37 | -3.59% |
| 1 UMA | $2.65 | $2.74 | -3.59% |
| 5 UMA | $13.23 | $13.72 | -3.59% |
| 10 UMA | $26.46 | $27.44 | -3.59% |
| 50 UMA | $132.28 | $137.2 | -3.59% |
| 100 UMA | $264.56 | $274.4 | -3.59% |
| 500 UMA | $1,322.79 | $1,372 | -3.59% |
| 1000 UMA | $2,645.58 | $2,744.01 | -3.59% |
Today vs. 1 month ago
| Amount | 10:42 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 UMA | $1.32 | $1.3 | +1.61% |
| 1 UMA | $2.65 | $2.6 | +1.61% |
| 5 UMA | $13.23 | $13.02 | +1.61% |
| 10 UMA | $26.46 | $26.04 | +1.61% |
| 50 UMA | $132.28 | $130.18 | +1.61% |
| 100 UMA | $264.56 | $260.36 | +1.61% |
| 500 UMA | $1,322.79 | $1,301.8 | +1.61% |
| 1000 UMA | $2,645.58 | $2,603.59 | +1.61% |
Today vs. 1 year ago
| Amount | 10:42 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 UMA | $1.32 | $1.08 | +22.46% |
| 1 UMA | $2.65 | $2.16 | +22.46% |
| 5 UMA | $13.23 | $10.8 | +22.46% |
| 10 UMA | $26.46 | $21.6 | +22.46% |
| 50 UMA | $132.28 | $108.02 | +22.46% |
| 100 UMA | $264.56 | $216.04 | +22.46% |
| 500 UMA | $1,322.79 | $1,080.2 | +22.46% |
| 1000 UMA | $2,645.58 | $2,160.4 | +22.46% |
UMA price prediction
What will the price of UMA be in 2025?
Based on UMA's historical price performance prediction model, the price of UMA is projected to reach $3.46 in 2025.
What will the price of UMA be in 2030?
In 2030, the UMA price is expected to change by -19.00%. By the end of 2030, the UMA price is projected to reach $5.2, with a cumulative ROI of +101.47%.
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Popular UMA conversions
Check out these popular currency conversions of UMA to several fiat currencies.
UMA to USD
1 UMA to $ 2.65 USD
UMA to GBP
1 UMA to £ 2.1 GBP
UMA to EUR
1 UMA to € 2.54 EUR
UMA to KRW
1 UMA to ₩ 3,826.62 KRW
UMA to CAD
1 UMA to $ 3.8 CAD
UMA to AUD
1 UMA to $ 4.23 AUD
UMA to JPY
1 UMA to ¥ 413.89 JPY
UMA to BRL
1 UMA to R$ 16.1 BRL
UMA to CNY
1 UMA to ¥ 19.31 CNY
UMA to TWD
1 UMA to NT$ 86.33 TWD
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Explore other cryptocurrencies based on your interest in UMA.
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1 IDEX to Sh 227.79 UGX
HEX (PulseChain) to UGX
1 HEX to Sh 66.46 UGX
HEX to UGX
1 HEX to Sh 14.69 UGX
Pulsechain to UGX
1 PLS to Sh 0.2187 UGX
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1 PLSX to Sh 0.1360 UGX
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1 SHOGGOTH to Sh 178.59 UGX
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JUNO to UGX
1 JUNO to Sh 1,071.32 UGX
Hunt Town to UGX
1 HUNT to Sh 1,341.62 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 UMA 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 UMA 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 UMA 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.
