MCT
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 MCOBIT(MCT) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MCT at a value of 1 MCT for 0.34 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 MCOBIT currency pair is the MCT to UGX, with for MCOBIT's currency code being MCT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MCT to UGX conversion rate trend
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In the past 1D, MCOBIT has changed +2.27% to UGX. Based on the trend and price charts, MCOBIT(MCT) has changed +2.27% to UGX while Ugandan Shilling(UGX) has changed % to MCT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.3375 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/20 08:35:09(UTC+0)
How to buy MCOBIT
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy MCOBIT (MCT)
Use a variety of payment options to buy MCOBIT on Bitget. We'll show you how.
Buy MCT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MCT with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MCT 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 MCT (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MCT to UGX. However, you can first exchange MCT 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 MCOBIT to Ugandan Shilling?
MCOBIT to Ugandan Shilling is rising this week.MCOBIT's current market price is Sh 0.3375 per MCT, with a total market cap of Sh 0 UGX based on a circulating supply of -- MCT. The trading volume of MCOBIT has changed by -84.50% (Sh -1,216,876.34 UGX) in the last 24 hours. Last trading day, MCT's trading volume was Sh 1,440,088.63.
Market cap
$0
24h volume
$60.84038464
Circulating supply
0 MCT
Conversion tables
The exchange rate of MCOBIT is decreasing.1 MCT is currently valued at Sh 0.3375 UGX , which means buying 5 MCT will cost Sh 1.69 UGX . Similarly, Sh1 UGX can be traded for 2.96 MCT, and Sh50 UGX can be converted to 148.15 MCT, excluding any platform or gas fees.
The exchange rate of 1 MCT to Ugandan Shilling has changed by +411.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.27%, reaching a high of 0.3375 UGX and a low of 0.3297 UGX . One month ago, the value of 1 MCT was Sh 0.6127 UGX , which represents a -44.91% change from its current value. Over the last year, MCOBIT has changed by , resulting in a change of -85.72% in its value.
-Sh
2.03UGXMCT to UGX
Amount
09:31 am today
0.5 MCT
Sh0.1688
1 MCT
Sh0.3375
5 MCT
Sh1.69
10 MCT
Sh3.38
50 MCT
Sh16.88
100 MCT
Sh33.75
500 MCT
Sh168.75
1000 MCT
Sh337.51
UGX to MCT
Amount09:31 am today
0.5UGX1.48 MCT
1UGX2.96 MCT
5UGX14.81 MCT
10UGX29.63 MCT
50UGX148.15 MCT
100UGX296.29 MCT
500UGX1,481.46 MCT
1000UGX2,962.92 MCT
Today vs. 24 hours ago
| Amount | 09:31 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MCT | $0.{4}4600 | $0.{4}4498 | +2.27% |
| 1 MCT | $0.{4}9199 | $0.{4}8995 | +2.27% |
| 5 MCT | $0.0004600 | $0.0004498 | +2.27% |
| 10 MCT | $0.0009199 | $0.0008995 | +2.27% |
| 50 MCT | $0.004600 | $0.004498 | +2.27% |
| 100 MCT | $0.009199 | $0.008995 | +2.27% |
| 500 MCT | $0.04600 | $0.04498 | +2.27% |
| 1000 MCT | $0.09199 | $0.08995 | +2.27% |
Today vs. 1 month ago
| Amount | 09:31 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MCT | $0.{4}4600 | $0.{4}8350 | -44.91% |
| 1 MCT | $0.{4}9199 | $0.0001670 | -44.91% |
| 5 MCT | $0.0004600 | $0.0008350 | -44.91% |
| 10 MCT | $0.0009199 | $0.001670 | -44.91% |
| 50 MCT | $0.004600 | $0.008350 | -44.91% |
| 100 MCT | $0.009199 | $0.01670 | -44.91% |
| 500 MCT | $0.04600 | $0.08350 | -44.91% |
| 1000 MCT | $0.09199 | $0.1670 | -44.91% |
Today vs. 1 year ago
| Amount | 09:31 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MCT | $0.{4}4600 | $0.0003221 | -85.72% |
| 1 MCT | $0.{4}9199 | $0.0006442 | -85.72% |
| 5 MCT | $0.0004600 | $0.003221 | -85.72% |
| 10 MCT | $0.0009199 | $0.006442 | -85.72% |
| 50 MCT | $0.004600 | $0.03221 | -85.72% |
| 100 MCT | $0.009199 | $0.06442 | -85.72% |
| 500 MCT | $0.04600 | $0.3221 | -85.72% |
| 1000 MCT | $0.09199 | $0.6442 | -85.72% |
MCOBIT price prediction
What will the price of MCT be in 2025?
Based on MCT's historical price performance prediction model, the price of MCT is projected to reach $0.0001627 in 2025.
What will the price of MCT be in 2030?
In 2030, the MCT price is expected to change by -15.00%. By the end of 2030, the MCT price is projected to reach $0.0002152, with a cumulative ROI of +133.92%.
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Popular MCOBIT conversions
Check out these popular currency conversions of MCOBIT to several fiat currencies.
MCOBIT to USD
1 MCT to $ 0.{4}9199 USD
MCOBIT to GBP
1 MCT to £ 0.{4}7240 GBP
MCOBIT to EUR
1 MCT to € 0.{4}8687 EUR
MCOBIT to KRW
1 MCT to ₩ 0.1280 KRW
MCOBIT to CAD
1 MCT to $ 0.0001284 CAD
MCOBIT to AUD
1 MCT to $ 0.0001409 AUD
MCOBIT to JPY
1 MCT to ¥ 0.01430 JPY
MCOBIT to BRL
1 MCT to R$ 0.0005311 BRL
MCOBIT to CNY
1 MCT to ¥ 0.0006662 CNY
MCOBIT to TWD
1 MCT to NT$ 0.002987 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in MCOBIT.
XRP to UGX
1 XRP to Sh 4,072.3 UGX
Eesee to UGX
1 ESE to Sh 123.17 UGX
Solana to UGX
1 SOL to Sh 871,110.28 UGX
MAD to UGX
1 MAD to Sh -- UGX
Dogecoin to UGX
1 DOGE to Sh 1,444.77 UGX
Bonk to UGX
1 BONK to Sh 0.2012 UGX
Bitcoin to UGX
1 BTC to Sh 342,864,543.35 UGX
Cardano to UGX
1 ADA to Sh 3,081.83 UGX
Pepe to UGX
1 PEPE to Sh 0.07455 UGX
Usual to UGX
1 USUAL to Sh -- 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 MCOBIT 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 MCOBIT 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 MCOBIT 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.
