MACHO
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 macho(MACHO) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MACHO at a value of 1 MACHO for 2.30 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 macho currency pair is the MACHO to UGX, with for macho's currency code being MACHO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MACHO to UGX conversion rate trend
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In the past 1D, macho has changed +17.90% to UGX. Based on the trend and price charts, macho(MACHO) has changed +17.90% to UGX while Ugandan Shilling(UGX) has changed % to MACHO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh2.42 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/07 16:32:18(UTC+0)
How to buy macho
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy macho (MACHO)
Use a variety of payment options to buy macho on Bitget. We'll show you how.
Buy MACHO (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MACHO with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MACHO 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 MACHO (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MACHO to UGX. However, you can first exchange MACHO 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 macho to Ugandan Shilling?
macho to Ugandan Shilling is rising this week.macho's current market price is Sh 2.3 per MACHO, with a total market cap of Sh 0 UGX based on a circulating supply of -- MACHO. The trading volume of macho has changed by +270.51% (Sh 293,520,563.16 UGX) in the last 24 hours. Last trading day, MACHO's trading volume was Sh 108,504,638.45.
Market cap
$0
24h volume
$109.56K
Circulating supply
0 MACHO
Conversion tables
The exchange rate of macho is increasing.1 MACHO is currently valued at Sh 2.3 UGX , which means buying 5 MACHO will cost Sh 11.5 UGX . Similarly, Sh1 UGX can be traded for 0.4347 MACHO, and Sh50 UGX can be converted to 21.74 MACHO, excluding any platform or gas fees.
The exchange rate of 1 MACHO to Ugandan Shilling has changed by +90.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +17.90%, reaching a high of 3.6 UGX and a low of 1.74 UGX . One month ago, the value of 1 MACHO was Sh 0.9993 UGX , which represents a +130.18% change from its current value. Over the last year, macho has changed by , resulting in a change of -93.01% in its value.
+Sh
2.3UGXMACHO to UGX
Amount
21:46 today
0.5 MACHO
Sh1.15
1 MACHO
Sh2.3
5 MACHO
Sh11.5
10 MACHO
Sh23
50 MACHO
Sh115.01
100 MACHO
Sh230.02
500 MACHO
Sh1,150.12
1000 MACHO
Sh2,300.24
UGX to MACHO
Amount21:46 today
0.5UGX0.2174 MACHO
1UGX0.4347 MACHO
5UGX2.17 MACHO
10UGX4.35 MACHO
50UGX21.74 MACHO
100UGX43.47 MACHO
500UGX217.37 MACHO
1000UGX434.74 MACHO
Today vs. 24 hours ago
| Amount | 21:46 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MACHO | $0.0003134 | $0.0002658 | +17.90% |
| 1 MACHO | $0.0006269 | $0.0005317 | +17.90% |
| 5 MACHO | $0.003134 | $0.002658 | +17.90% |
| 10 MACHO | $0.006269 | $0.005317 | +17.90% |
| 50 MACHO | $0.03134 | $0.02658 | +17.90% |
| 100 MACHO | $0.06269 | $0.05317 | +17.90% |
| 500 MACHO | $0.3134 | $0.2658 | +17.90% |
| 1000 MACHO | $0.6269 | $0.5317 | +17.90% |
Today vs. 1 month ago
| Amount | 21:46 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MACHO | $0.0003134 | $0.0001362 | +130.18% |
| 1 MACHO | $0.0006269 | $0.0002723 | +130.18% |
| 5 MACHO | $0.003134 | $0.001362 | +130.18% |
| 10 MACHO | $0.006269 | $0.002723 | +130.18% |
| 50 MACHO | $0.03134 | $0.01362 | +130.18% |
| 100 MACHO | $0.06269 | $0.02723 | +130.18% |
| 500 MACHO | $0.3134 | $0.1362 | +130.18% |
| 1000 MACHO | $0.6269 | $0.2723 | +130.18% |
Today vs. 1 year ago
| Amount | 21:46 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MACHO | $0.0003134 | $0.00 | -93.01% |
| 1 MACHO | $0.0006269 | $0.00 | -93.01% |
| 5 MACHO | $0.003134 | $0.00 | -93.01% |
| 10 MACHO | $0.006269 | $0.00 | -93.01% |
| 50 MACHO | $0.03134 | $0.00 | -93.01% |
| 100 MACHO | $0.06269 | $0.00 | -93.01% |
| 500 MACHO | $0.3134 | $0.00 | -93.01% |
| 1000 MACHO | $0.6269 | $0.00 | -93.01% |
macho price prediction
What will the price of MACHO be in 2025?
Based on MACHO's historical price performance prediction model, the price of MACHO is projected to reach $0.0008579 in 2025.
What will the price of MACHO be in 2030?
In 2030, the MACHO price is expected to change by +10.00%. By the end of 2030, the MACHO price is projected to reach $0.002198, with a cumulative ROI of +608.17%.
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Popular macho conversions
Check out these popular currency conversions of macho to several fiat currencies.
macho to USD
1 MACHO to $ 0.0006269 USD
macho to GBP
1 MACHO to £ 0.0004831 GBP
macho to EUR
1 MACHO to € 0.0005805 EUR
macho to KRW
1 MACHO to ₩ 0.8677 KRW
macho to CAD
1 MACHO to $ 0.0008690 CAD
macho to AUD
1 MACHO to $ 0.0009399 AUD
macho to JPY
1 MACHO to ¥ 0.09590 JPY
macho to BRL
1 MACHO to R$ 0.003565 BRL
macho to CNY
1 MACHO to ¥ 0.004488 CNY
macho to TWD
1 MACHO to NT$ 0.02016 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 macho 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 macho 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 macho 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.
