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$MKONG to UGX Converter and calculator

$MKONG/UGX: 1 $MKONG = 143.01 UGX. The price of converting 1 MKong Ventures ($MKONG) to Ugandan shilling (UGX) is 143.01 UGX today.
$MKONG
$MKONG
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides $MKONG to UGX real-time exchange rates, making it easy to convert MKong Ventures ($MKONG) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 $MKONG is currently valued at 143.01 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 $MKONG is currently valued at 143.01 UGX, which means buying 5 $MKONG would cost 715.03 UGX. Similarly, Sh1 UGX can be converted to 0.006993 $MKONG, and Sh50 UGX can be converted to 0.03496 $MKONG, excluding any platform or gas fees.

Convert $MKONG to UGX

Convert UGX to $MKONG

MKong Ventures
Ugandan shilling
10 $MKONG
1,430.06  UGX
20 $MKONG
2,860.13  UGX
50 $MKONG
7,150.31  UGX
100 $MKONG
14,300.63  UGX
200 $MKONG
28,601.26  UGX
500 $MKONG
71,503.14  UGX
1000 $MKONG
143,006.28  UGX
5000 $MKONG
715,031.42  UGX
10000 $MKONG
1,430,062.84  UGX
In the table above, you'll find a comprehensive $MKONG to UGX converter that shows the value of MKong Ventures in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 $MKONG to UGX, all the way up to 10000 $MKONG, providing a clear view of their respective values.
Ugandan shilling
MKong Ventures
50000 UGX
349.63 $MKONG
100000 UGX
699.27 $MKONG
In the table above, you'll find a comprehensive UGX to $MKONG converter that shows the value of Ugandan shilling in MKong Ventures across commonly used conversion amounts. The list covers conversions from 1 UGX to $MKONG, all the way up to 100000 UGX, providing a clear view of their respective values.

$MKONG to UGX chart

$MKONG/UGX: 1 $MKONG = 143.01 UGX; 2025/04/28 08:16:30
In the past 1D, MKong Ventures has changed +59.86% to UGX. Based on the trend and price charts, MKong Ventures($MKONG) has changed +59.86% to UGX while Ugandan shilling(UGX) has changed % to $MKONG in the last 24 hours.
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$MKONG to UGX conversion data: Volatility and price changes of MKong Ventures in UGX

The highest MKong Ventures price in UGX over the past 7 days was 134.59 UGX while the lowest MKong Ventures price in UGX over the past 7 days was 78.79 UGX. The relative change between the highs and lows in MKong Ventures price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and $MKONG 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
134.59 UGX
134.59 UGX
134.59 UGX
134.59 UGX
Low
82.83 UGX
78.79 UGX
73.86 UGX
54.72 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+59.86%
+56.93%
+58.38%
+121.41%

MKong Ventures information

$MKONG to UGX market statistics

$MKONG/UGX:
Sh143.01
$MKONG 24h volume:
--
$MKONG market cap:
--
$MKONG circulating supply:
0 $MKONG

Current $MKONG to UGX exchange rate

MKong Ventures to Ugandan shilling is rising this week.
MKong Ventures's current market price is Sh143.01 per $MKONG, with a total market cap of Sh0 UGX based on a circulating supply of -- $MKONG. The trading volume of MKong Ventures has changed by 0.00% (Sh0 UGX) in the last 24 hours. Last trading day, $MKONG's trading volume was Sh0.

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

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How to convert $MKONG to UGX

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Convert $MKONG to UGX
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$MKONG to UGX Conversion tables

The exchange rate of MKong Ventures is increasing.
The exchange rate of 1 $MKONG to Ugandan shilling has changed by +56.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by +59.86%, reaching a high of 134.59 UGX and a low of 82.83 UGX . One month ago, the value of 1 $MKONG was Sh94.2 UGX , which represents a +58.38% change from its current value. Over the last year, MKong Ventures has changed by
+Sh
26.32UGX
, resulting in a change of +24.81% in its value.
24 hours ago1 month ago1 year ago
Amount08:16 am today24 hours ago24h change
0.5 $MKONGSh71.5Sh46.71
+59.86%
1 $MKONGSh143.01Sh93.42
+59.86%
5 $MKONGSh715.03Sh467.11
+59.86%
10 $MKONGSh1,430.06Sh934.22
+59.86%
50 $MKONGSh7,150.31Sh4,671.11
+59.86%
100 $MKONGSh14,300.63Sh9,342.22
+59.86%
500 $MKONGSh71,503.14Sh46,711.12
+59.86%
1000 $MKONGSh143,006.28Sh93,422.24
+59.86%

$MKONG to UGX FAQ

How much is 1 MKong Ventures in UGX?
Right now, the price of 1 MKong Ventures ($MKONG) in Ugandan shilling (UGX) is Sh143.01.
How much $MKONG can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.006993 $MKONG for 1 UGX.
How do I calculate or convert $MKONG to UGX?
You can use our $MKONG to UGX calculator at the top of this page to convert any amount of $MKONG to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.03496 $MKONG, while 5 $MKONG will cost around 715.03UGX.
What is the highest price of $MKONG/UGX in history?
The all-time high price of 1 $MKONG in UGX is Sh627.59. It remains to be seen if the value of 1 $MKONG/UGX will exceed the current all-time high.
What is the price trend of MKong Ventures in UGX?
Over the past 7 days, the exchange rate of MKong Ventures ($MKONG) has gone up by 56.93%.   Over the last month, the exchange rate of MKong Ventures ($MKONG) has gone up by 58.38% against Ugandan shilling (UGX).

What factors influence the conversion rate of $MKONG to UGX?

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