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MDAO to UGX Converter and calculator

MDAO/UGX: 1 MDAO = 84.31 UGX. The price of converting 1 MarsDAO (MDAO) to Ugandan shilling (UGX) is 84.31 UGX today.
MDAO
MDAO
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MDAO to UGX real-time exchange rates, making it easy to convert MarsDAO (MDAO) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 MDAO is currently valued at 84.31 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MDAO is currently valued at 84.31 UGX, which means buying 5 MDAO would cost 421.54 UGX. Similarly, Sh1 UGX can be converted to 0.01186 MDAO, and Sh50 UGX can be converted to 0.05931 MDAO, excluding any platform or gas fees.

Convert MDAO to UGX

Convert UGX to MDAO

MarsDAO
Ugandan shilling
20 MDAO
1,686.16  UGX
50 MDAO
4,215.41  UGX
100 MDAO
8,430.82  UGX
200 MDAO
16,861.65  UGX
500 MDAO
42,154.12  UGX
1000 MDAO
84,308.24  UGX
5000 MDAO
421,541.2  UGX
10000 MDAO
843,082.4  UGX
In the table above, you'll find a comprehensive MDAO to UGX converter that shows the value of MarsDAO in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 MDAO to UGX, all the way up to 10000 MDAO, providing a clear view of their respective values.
Ugandan shilling
MarsDAO
100000 UGX
1,186.12 MDAO
In the table above, you'll find a comprehensive UGX to MDAO converter that shows the value of Ugandan shilling in MarsDAO across commonly used conversion amounts. The list covers conversions from 1 UGX to MDAO, all the way up to 100000 UGX, providing a clear view of their respective values.

MDAO to UGX chart

MDAO/UGX: 1 MDAO = 84.31 UGX; 2025/04/26 11:37:34
In the past 1D, MarsDAO has changed +0.75% to UGX. Based on the trend and price charts, MarsDAO(MDAO) has changed +0.75% to UGX while Ugandan shilling(UGX) has changed % to MDAO in the last 24 hours.
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MDAO to UGX conversion data: Volatility and price changes of MarsDAO in UGX

The highest MarsDAO price in UGX over the past 7 days was 85.78 UGX while the lowest MarsDAO price in UGX over the past 7 days was 82.35 UGX. The relative change between the highs and lows in MarsDAO price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and MDAO 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
84.66 UGX
85.78 UGX
130.14 UGX
197.84 UGX
Low
83.53 UGX
82.35 UGX
79.71 UGX
79.71 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+0.75%
+2.64%
-21.21%
-57.89%

MarsDAO information

MDAO to UGX market statistics

MDAO/UGX:
Sh84.31
MDAO 24h volume:
Sh315,603,102.9
MDAO market cap:
Sh5,952,079,178.53
MDAO circulating supply:
70.60M MDAO

Current MDAO to UGX exchange rate

MarsDAO to Ugandan shilling is rising this week.
MarsDAO's current market price is Sh84.31 per MDAO, with a total market cap of Sh5,952,079,178.53 UGX based on a circulating supply of 70,599,016 MDAO. The trading volume of MarsDAO has changed by +160.70% (Sh194,544,989.09 UGX) in the last 24 hours. Last trading day, MDAO's trading volume was Sh121,058,113.81.

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

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How to convert MDAO to UGX

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Convert MDAO to UGX
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MDAO to UGX Conversion tables

The exchange rate of MarsDAO is decreasing.
The exchange rate of 1 MDAO to Ugandan shilling has changed by +2.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.75%, reaching a high of 84.66 UGX and a low of 83.53 UGX . One month ago, the value of 1 MDAO was Sh107.01 UGX , which represents a -21.21% change from its current value. Over the last year, MarsDAO has changed by
-Sh
484.05UGX
, resulting in a change of -85.16% in its value.
24 hours ago1 month ago1 year ago
Amount11:37 am today24 hours ago24h change
0.5 MDAOSh42.15Sh41.84
+0.75%
1 MDAOSh84.31Sh83.68
+0.75%
5 MDAOSh421.54Sh418.39
+0.75%
10 MDAOSh843.08Sh836.78
+0.75%
50 MDAOSh4,215.41Sh4,183.89
+0.75%
100 MDAOSh8,430.82Sh8,367.79
+0.75%
500 MDAOSh42,154.12Sh41,838.94
+0.75%
1000 MDAOSh84,308.24Sh83,677.89
+0.75%

MDAO to UGX FAQ

How much is 1 MarsDAO in UGX?
Right now, the price of 1 MarsDAO (MDAO) in Ugandan shilling (UGX) is Sh84.31.
How much MDAO can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.01186 MDAO for 1 UGX.
How do I calculate or convert MDAO to UGX?
You can use our MDAO to UGX calculator at the top of this page to convert any amount of MDAO to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.05931 MDAO, while 5 MDAO will cost around 421.54UGX.
What is the highest price of MDAO/UGX in history?
The all-time high price of 1 MDAO in UGX is Sh2,369.86. It remains to be seen if the value of 1 MDAO/UGX will exceed the current all-time high.
What is the price trend of MarsDAO in UGX?
Over the past 7 days, the exchange rate of MarsDAO (MDAO) has gone up by 2.64%.   Over the last month, the exchange rate of MarsDAO (MDAO) has gone down by 21.21% against Ugandan shilling (UGX).

What factors influence the conversion rate of MDAO to UGX?

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