KMD
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 Komodo(KMD) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 KMD at a value of 1 KMD for 850.99 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 Komodo currency pair is the KMD to UGX, with for Komodo's currency code being KMD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
KMD to UGX conversion rate trend
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In the past 1D, Komodo has changed +7.89% to UGX. Based on the trend and price charts, Komodo(KMD) has changed +7.89% to UGX while Ugandan Shilling(UGX) has changed % to KMD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh848.32 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh847.12 | 0.1000% / 0.1000% | Yes |
Huobi | Sh850.06 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh846.38 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/06 16:00:16(UTC+0)
How to buy Komodo
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Buy Komodo (KMD)
Use a variety of payment options to buy Komodo on Bitget. We'll show you how.
Buy KMD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of KMD with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy KMD 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 KMD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of KMD to UGX. However, you can first exchange KMD 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 Komodo to Ugandan Shilling?
Komodo to Ugandan Shilling is falling this week.Komodo's current market price is Sh 850.99 per KMD, with a total market cap of Sh 115,695,764,907.42 UGX based on a circulating supply of 135,953,870 KMD. The trading volume of Komodo has changed by +45.10% (Sh 1,264,932,874.31 UGX) in the last 24 hours. Last trading day, KMD's trading volume was Sh 2,804,436,952.94.
Market cap
$31.44M
24h volume
$1.11M
Circulating supply
135.95M KMD
Conversion tables
The exchange rate of Komodo is decreasing.1 KMD is currently valued at Sh 850.99 UGX , which means buying 5 KMD will cost Sh 4,254.96 UGX . Similarly, Sh1 UGX can be traded for 0.001175 KMD, and Sh50 UGX can be converted to 0.05875 KMD, excluding any platform or gas fees.
The exchange rate of 1 KMD to Ugandan Shilling has changed by -5.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.89%, reaching a high of 854.79 UGX and a low of 774.62 UGX . One month ago, the value of 1 KMD was Sh 945.74 UGX , which represents a -10.03% change from its current value. Over the last year, Komodo has changed by , resulting in a change of -2.41% in its value.
-Sh
21.01UGXKMD to UGX
Amount
17:37 today
0.5 KMD
Sh425.5
1 KMD
Sh850.99
5 KMD
Sh4,254.96
10 KMD
Sh8,509.93
50 KMD
Sh42,549.64
100 KMD
Sh85,099.27
500 KMD
Sh425,496.37
1000 KMD
Sh850,992.74
UGX to KMD
Amount17:37 today
0.5UGX0.0005875 KMD
1UGX0.001175 KMD
5UGX0.005875 KMD
10UGX0.01175 KMD
50UGX0.05875 KMD
100UGX0.1175 KMD
500UGX0.5875 KMD
1000UGX1.18 KMD
Today vs. 24 hours ago
| Amount | 17:37 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 KMD | $0.1156 | $0.1072 | +7.89% |
| 1 KMD | $0.2313 | $0.2144 | +7.89% |
| 5 KMD | $1.16 | $1.07 | +7.89% |
| 10 KMD | $2.31 | $2.14 | +7.89% |
| 50 KMD | $11.56 | $10.72 | +7.89% |
| 100 KMD | $23.13 | $21.44 | +7.89% |
| 500 KMD | $115.63 | $107.18 | +7.89% |
| 1000 KMD | $231.25 | $214.35 | +7.89% |
Today vs. 1 month ago
| Amount | 17:37 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 KMD | $0.1156 | $0.1285 | -10.03% |
| 1 KMD | $0.2313 | $0.2570 | -10.03% |
| 5 KMD | $1.16 | $1.28 | -10.03% |
| 10 KMD | $2.31 | $2.57 | -10.03% |
| 50 KMD | $11.56 | $12.85 | -10.03% |
| 100 KMD | $23.13 | $25.7 | -10.03% |
| 500 KMD | $115.63 | $128.5 | -10.03% |
| 1000 KMD | $231.25 | $257 | -10.03% |
Today vs. 1 year ago
| Amount | 17:37 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 KMD | $0.1156 | $0.1185 | -2.41% |
| 1 KMD | $0.2313 | $0.2370 | -2.41% |
| 5 KMD | $1.16 | $1.18 | -2.41% |
| 10 KMD | $2.31 | $2.37 | -2.41% |
| 50 KMD | $11.56 | $11.85 | -2.41% |
| 100 KMD | $23.13 | $23.7 | -2.41% |
| 500 KMD | $115.63 | $118.48 | -2.41% |
| 1000 KMD | $231.25 | $236.96 | -2.41% |
Komodo price prediction
What will the price of KMD be in 2025?
Based on KMD's historical price performance prediction model, the price of KMD is projected to reach $0.2809 in 2025.
What will the price of KMD be in 2030?
In 2030, the KMD price is expected to change by -7.00%. By the end of 2030, the KMD price is projected to reach $0.4026, with a cumulative ROI of +91.74%.
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Popular Komodo conversions
Check out these popular currency conversions of Komodo to several fiat currencies.
Komodo to USD
1 KMD to $ 0.2313 USD
Komodo to GBP
1 KMD to £ 0.1796 GBP
Komodo to EUR
1 KMD to € 0.2155 EUR
Komodo to KRW
1 KMD to ₩ 323.56 KRW
Komodo to CAD
1 KMD to $ 0.3222 CAD
Komodo to AUD
1 KMD to $ 0.3519 AUD
Komodo to JPY
1 KMD to ¥ 35.67 JPY
Komodo to BRL
1 KMD to R$ 1.43 BRL
Komodo to CNY
1 KMD to ¥ 1.66 CNY
Komodo to TWD
1 KMD to NT$ 7.47 TWD
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1 PEPE to Sh 0.03427 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 Komodo 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 Komodo 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 Komodo 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.
