MCB
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 MUX Protocol(MCB) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MCB at a value of 1 MCB for 8,657.12 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 MUX Protocol currency pair is the MCB to UGX, with for MUX Protocol's currency code being MCB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MCB to UGX conversion rate trend
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In the past 1D, MUX Protocol has changed +3.13% to UGX. Based on the trend and price charts, MUX Protocol(MCB) has changed +3.13% to UGX while Ugandan Shilling(UGX) has changed % to MCB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh8,253.65 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:30:44(UTC+0)
How to buy MUX Protocol
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy MUX Protocol (MCB)
Use a variety of payment options to buy MUX Protocol on Bitget. We'll show you how.
Buy MCB (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MCB with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MCB with USDT via Bitget spot market.
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Sell MCB (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MCB to UGX. However, you can first exchange MCB 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 MUX Protocol to Ugandan Shilling?
MUX Protocol to Ugandan Shilling is falling this week.MUX Protocol's current market price is Sh 8,657.12 per MCB, with a total market cap of Sh 33,083,402,307.36 UGX based on a circulating supply of 3,821,523 MCB. The trading volume of MUX Protocol has changed by +4.63% (Sh 9,890,465.43 UGX) in the last 24 hours. Last trading day, MCB's trading volume was Sh 213,497,073.56.
Market cap
$9.05M
24h volume
$61.14K
Circulating supply
3.82M MCB
Conversion tables
The exchange rate of MUX Protocol is decreasing.1 MCB is currently valued at Sh 8,657.12 UGX , which means buying 5 MCB will cost Sh 43,285.62 UGX . Similarly, Sh1 UGX can be traded for 0.0001155 MCB, and Sh50 UGX can be converted to 0.005776 MCB, excluding any platform or gas fees.
The exchange rate of 1 MCB to Ugandan Shilling has changed by -6.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.13%, reaching a high of 8,666.55 UGX and a low of 8,220.28 UGX . One month ago, the value of 1 MCB was Sh 8,920.91 UGX , which represents a -2.96% change from its current value. Over the last year, MUX Protocol has changed by , resulting in a change of -80.54% in its value.
-Sh
35,792.56UGXMCB to UGX
Amount
10:48 am today
0.5 MCB
Sh4,328.56
1 MCB
Sh8,657.12
5 MCB
Sh43,285.62
10 MCB
Sh86,571.24
50 MCB
Sh432,856.22
100 MCB
Sh865,712.45
500 MCB
Sh4,328,562.23
1000 MCB
Sh8,657,124.46
UGX to MCB
Amount10:48 am today
0.5UGX0.{4}5776 MCB
1UGX0.0001155 MCB
5UGX0.0005776 MCB
10UGX0.001155 MCB
50UGX0.005776 MCB
100UGX0.01155 MCB
500UGX0.05776 MCB
1000UGX0.1155 MCB
Today vs. 24 hours ago
| Amount | 10:48 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MCB | $1.18 | $1.15 | +3.13% |
| 1 MCB | $2.37 | $2.3 | +3.13% |
| 5 MCB | $11.85 | $11.49 | +3.13% |
| 10 MCB | $23.69 | $22.98 | +3.13% |
| 50 MCB | $118.47 | $114.88 | +3.13% |
| 100 MCB | $236.95 | $229.77 | +3.13% |
| 500 MCB | $1,184.73 | $1,148.84 | +3.13% |
| 1000 MCB | $2,369.47 | $2,297.68 | +3.13% |
Today vs. 1 month ago
| Amount | 10:48 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MCB | $1.18 | $1.22 | -2.96% |
| 1 MCB | $2.37 | $2.44 | -2.96% |
| 5 MCB | $11.85 | $12.21 | -2.96% |
| 10 MCB | $23.69 | $24.42 | -2.96% |
| 50 MCB | $118.47 | $122.08 | -2.96% |
| 100 MCB | $236.95 | $244.17 | -2.96% |
| 500 MCB | $1,184.73 | $1,220.83 | -2.96% |
| 1000 MCB | $2,369.47 | $2,441.67 | -2.96% |
Today vs. 1 year ago
| Amount | 10:48 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MCB | $1.18 | $6.08 | -80.54% |
| 1 MCB | $2.37 | $12.17 | -80.54% |
| 5 MCB | $11.85 | $60.83 | -80.54% |
| 10 MCB | $23.69 | $121.66 | -80.54% |
| 50 MCB | $118.47 | $608.3 | -80.54% |
| 100 MCB | $236.95 | $1,216.6 | -80.54% |
| 500 MCB | $1,184.73 | $6,082.98 | -80.54% |
| 1000 MCB | $2,369.47 | $12,165.95 | -80.54% |
MUX Protocol price prediction
What will the price of MCB be in 2025?
Based on MCB's historical price performance prediction model, the price of MCB is projected to reach $4.62 in 2025.
What will the price of MCB be in 2030?
In 2030, the MCB price is expected to change by -18.00%. By the end of 2030, the MCB price is projected to reach $8.05, with a cumulative ROI of +250.52%.
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Popular MUX Protocol conversions
Check out these popular currency conversions of MUX Protocol to several fiat currencies.
MUX Protocol to USD
1 MCB to $ 2.37 USD
MUX Protocol to GBP
1 MCB to £ 1.88 GBP
MUX Protocol to EUR
1 MCB to € 2.27 EUR
MUX Protocol to KRW
1 MCB to ₩ 3,427.25 KRW
MUX Protocol to CAD
1 MCB to $ 3.4 CAD
MUX Protocol to AUD
1 MCB to $ 3.79 AUD
MUX Protocol to JPY
1 MCB to ¥ 370.69 JPY
MUX Protocol to BRL
1 MCB to R$ 14.42 BRL
MUX Protocol to CNY
1 MCB to ¥ 17.29 CNY
MUX Protocol to TWD
1 MCB to NT$ 77.32 TWD
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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 MUX Protocol 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 MUX Protocol 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 MUX Protocol 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.
