MONGY
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 Mongy(MONGY) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MONGY at a value of 1 MONGY for 1.19 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 Mongy currency pair is the MONGY to UGX, with for Mongy's currency code being MONGY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MONGY to UGX conversion rate trend
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In the past 1D, Mongy has changed +5.18% to UGX. Based on the trend and price charts, Mongy(MONGY) has changed +5.18% to UGX while Ugandan Shilling(UGX) has changed % to MONGY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1.17 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/18 16:38:18(UTC+0)
How to buy Mongy
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Buy Mongy (MONGY)
Use a variety of payment options to buy Mongy on Bitget. We'll show you how.
Learn MoreBuy MONGY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MONGY with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MONGY with USDT via Bitget spot market.
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Sell MONGY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MONGY to UGX. However, you can first exchange MONGY 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 Mongy to Ugandan Shilling?
Mongy to Ugandan Shilling is rising this week.Mongy's current market price is Sh 1.19 per MONGY, with a total market cap of Sh -- UGX based on a circulating supply of -- MONGY. The trading volume of Mongy has changed by --% (Sh -- UGX) in the last 24 hours. Last trading day, MONGY's trading volume was Sh --.
Market cap
$--
24h volume
$--
Circulating supply
-- MONGY
Conversion tables
The exchange rate of Mongy is decreasing.1 MONGY is currently valued at Sh 1.19 UGX , which means buying 5 MONGY will cost Sh 5.97 UGX . Similarly, Sh1 UGX can be traded for 0.8375 MONGY, and Sh50 UGX can be converted to 41.87 MONGY, excluding any platform or gas fees.
The exchange rate of 1 MONGY to Ugandan Shilling has changed by +7.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.18%, reaching a high of 1.24 UGX and a low of 1.11 UGX . One month ago, the value of 1 MONGY was Sh 1.75 UGX , which represents a -31.72% change from its current value. Over the last year, Mongy has changed by , resulting in a change of -93.50% in its value.
-Sh
17.18UGXMONGY to UGX
Amount
18:17 today
0.5 MONGY
Sh0.5970
1 MONGY
Sh1.19
5 MONGY
Sh5.97
10 MONGY
Sh11.94
50 MONGY
Sh59.7
100 MONGY
Sh119.4
500 MONGY
Sh597.02
1000 MONGY
Sh1,194.05
UGX to MONGY
Amount18:17 today
0.5UGX0.4187 MONGY
1UGX0.8375 MONGY
5UGX4.19 MONGY
10UGX8.37 MONGY
50UGX41.87 MONGY
100UGX83.75 MONGY
500UGX418.74 MONGY
1000UGX837.49 MONGY
Today vs. 24 hours ago
| Amount | 18:17 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MONGY | $0.0001625 | $0.0001545 | +5.18% |
| 1 MONGY | $0.0003250 | $0.0003090 | +5.18% |
| 5 MONGY | $0.001625 | $0.001545 | +5.18% |
| 10 MONGY | $0.003250 | $0.003090 | +5.18% |
| 50 MONGY | $0.01625 | $0.01545 | +5.18% |
| 100 MONGY | $0.03250 | $0.03090 | +5.18% |
| 500 MONGY | $0.1625 | $0.1545 | +5.18% |
| 1000 MONGY | $0.3250 | $0.3090 | +5.18% |
Today vs. 1 month ago
| Amount | 18:17 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MONGY | $0.0001625 | $0.0002380 | -31.72% |
| 1 MONGY | $0.0003250 | $0.0004760 | -31.72% |
| 5 MONGY | $0.001625 | $0.002380 | -31.72% |
| 10 MONGY | $0.003250 | $0.004760 | -31.72% |
| 50 MONGY | $0.01625 | $0.02380 | -31.72% |
| 100 MONGY | $0.03250 | $0.04760 | -31.72% |
| 500 MONGY | $0.1625 | $0.2380 | -31.72% |
| 1000 MONGY | $0.3250 | $0.4760 | -31.72% |
Today vs. 1 year ago
| Amount | 18:17 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MONGY | $0.0001625 | $0.002500 | -93.50% |
| 1 MONGY | $0.0003250 | $0.005000 | -93.50% |
| 5 MONGY | $0.001625 | $0.02500 | -93.50% |
| 10 MONGY | $0.003250 | $0.05000 | -93.50% |
| 50 MONGY | $0.01625 | $0.2500 | -93.50% |
| 100 MONGY | $0.03250 | $0.5000 | -93.50% |
| 500 MONGY | $0.1625 | $2.5 | -93.50% |
| 1000 MONGY | $0.3250 | $5 | -93.50% |
Mongy price prediction
What will the price of MONGY be in 2025?
Based on MONGY's historical price performance prediction model, the price of MONGY is projected to reach $0.00 in 2025.
What will the price of MONGY be in 2030?
In 2030, the MONGY price is expected to change by +21.00%. By the end of 2030, the MONGY price is projected to reach $0.00, with a cumulative ROI of -100.00%.
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Popular Mongy conversions
Check out these popular currency conversions of Mongy to several fiat currencies.
Mongy to USD
1 MONGY to $ 0.0003250 USD
Mongy to GBP
1 MONGY to £ 0.0002571 GBP
Mongy to EUR
1 MONGY to € 0.0003074 EUR
Mongy to KRW
1 MONGY to ₩ 0.4529 KRW
Mongy to CAD
1 MONGY to $ 0.0004566 CAD
Mongy to AUD
1 MONGY to $ 0.0005012 AUD
Mongy to JPY
1 MONGY to ¥ 0.05037 JPY
Mongy to BRL
1 MONGY to R$ 0.001866 BRL
Mongy to CNY
1 MONGY to ¥ 0.002353 CNY
Mongy to TWD
1 MONGY to NT$ 0.01057 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Mongy.
XRP to UGX
1 XRP to Sh 4,137.25 UGX
Cardano to UGX
1 ADA to Sh 2,759.31 UGX
Hooked Protocol to UGX
1 HOOK to Sh 1,611.02 UGX
Solana to UGX
1 SOL to Sh 882,407.92 UGX
Dogecoin to UGX
1 DOGE to Sh 1,372.21 UGX
Aevo to UGX
1 AEVO to Sh 1,416.69 UGX
Pepe to UGX
1 PEPE to Sh 0.07616 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 5,978.86 UGX
Bonk to UGX
1 BONK to Sh 0.1781 UGX
Hedera to UGX
1 HBAR to Sh 484.92 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 Mongy 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 Mongy 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 Mongy 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.
