MBD
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 MBD Financials(MBD) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MBD at a value of 1 MBD for 0.29 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 MBD Financials currency pair is the MBD to UGX, with for MBD Financials's currency code being MBD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MBD to UGX conversion rate trend
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In the past 1D, MBD Financials has changed -10.22% to UGX. Based on the trend and price charts, MBD Financials(MBD) has changed -10.22% to UGX while Ugandan Shilling(UGX) has changed % to MBD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.2683 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 00:31:06(UTC+0)
How to buy MBD Financials
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Buy MBD Financials (MBD)
Use a variety of payment options to buy MBD Financials on Bitget. We'll show you how.
Buy MBD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MBD with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MBD 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 MBD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MBD to UGX. However, you can first exchange MBD 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 MBD Financials to Ugandan Shilling?
MBD Financials to Ugandan Shilling is falling this week.MBD Financials's current market price is Sh 0.2949 per MBD, with a total market cap of Sh 7,734,374,294.39 UGX based on a circulating supply of 26,223,243,000 MBD. The trading volume of MBD Financials has changed by -9.71% (Sh -26,577,643.23 UGX) in the last 24 hours. Last trading day, MBD's trading volume was Sh 273,590,167.52.
Market cap
$2.12M
24h volume
$67.61K
Circulating supply
26.22B MBD
Conversion tables
The exchange rate of MBD Financials is increasing.1 MBD is currently valued at Sh 0.2949 UGX , which means buying 5 MBD will cost Sh 1.47 UGX . Similarly, Sh1 UGX can be traded for 3.39 MBD, and Sh50 UGX can be converted to 169.52 MBD, excluding any platform or gas fees.
The exchange rate of 1 MBD to Ugandan Shilling has changed by -28.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.22%, reaching a high of 0.3773 UGX and a low of 0.2683 UGX . One month ago, the value of 1 MBD was Sh 0.1999 UGX , which represents a +47.49% change from its current value. Over the last year, MBD Financials has changed by , resulting in a change of +17.67% in its value.
+Sh
0.04434UGXMBD to UGX
Amount
01:44 am today
0.5 MBD
Sh0.1475
1 MBD
Sh0.2949
5 MBD
Sh1.47
10 MBD
Sh2.95
50 MBD
Sh14.75
100 MBD
Sh29.49
500 MBD
Sh147.47
1000 MBD
Sh294.94
UGX to MBD
Amount01:44 am today
0.5UGX1.7 MBD
1UGX3.39 MBD
5UGX16.95 MBD
10UGX33.9 MBD
50UGX169.52 MBD
100UGX339.05 MBD
500UGX1,695.24 MBD
1000UGX3,390.48 MBD
Today vs. 24 hours ago
| Amount | 01:44 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MBD | $0.{4}4036 | $0.{4}4496 | -10.22% |
| 1 MBD | $0.{4}8073 | $0.{4}8993 | -10.22% |
| 5 MBD | $0.0004036 | $0.0004496 | -10.22% |
| 10 MBD | $0.0008073 | $0.0008993 | -10.22% |
| 50 MBD | $0.004036 | $0.004496 | -10.22% |
| 100 MBD | $0.008073 | $0.008993 | -10.22% |
| 500 MBD | $0.04036 | $0.04496 | -10.22% |
| 1000 MBD | $0.08073 | $0.08993 | -10.22% |
Today vs. 1 month ago
| Amount | 01:44 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MBD | $0.{4}4036 | $0.{4}2735 | +47.49% |
| 1 MBD | $0.{4}8073 | $0.{4}5470 | +47.49% |
| 5 MBD | $0.0004036 | $0.0002735 | +47.49% |
| 10 MBD | $0.0008073 | $0.0005470 | +47.49% |
| 50 MBD | $0.004036 | $0.002735 | +47.49% |
| 100 MBD | $0.008073 | $0.005470 | +47.49% |
| 500 MBD | $0.04036 | $0.02735 | +47.49% |
| 1000 MBD | $0.08073 | $0.05470 | +47.49% |
Today vs. 1 year ago
| Amount | 01:44 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MBD | $0.{4}4036 | $0.{4}3430 | +17.67% |
| 1 MBD | $0.{4}8073 | $0.{4}6859 | +17.67% |
| 5 MBD | $0.0004036 | $0.0003430 | +17.67% |
| 10 MBD | $0.0008073 | $0.0006859 | +17.67% |
| 50 MBD | $0.004036 | $0.003430 | +17.67% |
| 100 MBD | $0.008073 | $0.006859 | +17.67% |
| 500 MBD | $0.04036 | $0.03430 | +17.67% |
| 1000 MBD | $0.08073 | $0.06859 | +17.67% |
MBD Financials price prediction
What will the price of MBD be in 2025?
Based on MBD's historical price performance prediction model, the price of MBD is projected to reach $0.0001315 in 2025.
What will the price of MBD be in 2030?
In 2030, the MBD price is expected to change by +1.00%. By the end of 2030, the MBD price is projected to reach $0.0001885, with a cumulative ROI of +106.92%.
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Popular MBD Financials conversions
Check out these popular currency conversions of MBD Financials to several fiat currencies.
MBD Financials to USD
1 MBD to $ 0.{4}8073 USD
MBD Financials to GBP
1 MBD to £ 0.{4}6423 GBP
MBD Financials to EUR
1 MBD to € 0.{4}7739 EUR
MBD Financials to KRW
1 MBD to ₩ 0.1168 KRW
MBD Financials to CAD
1 MBD to $ 0.0001160 CAD
MBD Financials to AUD
1 MBD to $ 0.0001291 AUD
MBD Financials to JPY
1 MBD to ¥ 0.01263 JPY
MBD Financials to BRL
1 MBD to R$ 0.0004913 BRL
MBD Financials to CNY
1 MBD to ¥ 0.0005891 CNY
MBD Financials to TWD
1 MBD to NT$ 0.002634 TWD
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1 APT to Sh 34,490.1 UGX
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Bitcoin to UGX
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1 IDEX to Sh 247.22 UGX
SPX6900 to UGX
1 SPX to Sh 2,691.66 UGX
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1 LYX to Sh 10,528.33 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 MBD Financials 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 MBD Financials 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 MBD Financials 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.
