MAD
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 MAD Bucks(MAD) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MAD at a value of 1 MAD for 22.39 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 MAD Bucks currency pair is the MAD to UGX, with for MAD Bucks's currency code being MAD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MAD to UGX conversion rate trend
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In the past 1D, MAD Bucks has changed -2.89% to UGX. Based on the trend and price charts, MAD Bucks(MAD) has changed -2.89% to UGX while Ugandan Shilling(UGX) has changed % to MAD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh22.39 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/22 00:34:28(UTC+0)
How to buy MAD Bucks
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 MAD Bucks (MAD)
Use a variety of payment options to buy MAD Bucks on Bitget. We'll show you how.
Buy MAD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MAD with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MAD with USDT via Bitget spot market.
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Sell MAD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MAD to UGX. However, you can first exchange MAD 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 MAD Bucks to Ugandan Shilling?
MAD Bucks to Ugandan Shilling is rising this week.MAD Bucks's current market price is Sh 22.39 per MAD, with a total market cap of Sh 0 UGX based on a circulating supply of -- MAD. The trading volume of MAD Bucks has changed by -24.21% (Sh -162,198.68 UGX) in the last 24 hours. Last trading day, MAD's trading volume was Sh 669,985.01.
Market cap
$0
24h volume
$137.44223772
Circulating supply
0 MAD
Conversion tables
The exchange rate of MAD Bucks is increasing.1 MAD is currently valued at Sh 22.39 UGX , which means buying 5 MAD will cost Sh 111.95 UGX . Similarly, Sh1 UGX can be traded for 0.04466 MAD, and Sh50 UGX can be converted to 2.23 MAD, excluding any platform or gas fees.
The exchange rate of 1 MAD to Ugandan Shilling has changed by +23.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.89%, reaching a high of 23.16 UGX and a low of 22.24 UGX . One month ago, the value of 1 MAD was Sh 13.71 UGX , which represents a +63.25% change from its current value. Over the last year, MAD Bucks has changed by , resulting in a change of -83.70% in its value.
-Sh
115.01UGXMAD to UGX
Amount
03:16 am today
0.5 MAD
Sh11.19
1 MAD
Sh22.39
5 MAD
Sh111.95
10 MAD
Sh223.89
50 MAD
Sh1,119.46
100 MAD
Sh2,238.91
500 MAD
Sh11,194.57
1000 MAD
Sh22,389.13
UGX to MAD
Amount03:16 am today
0.5UGX0.02233 MAD
1UGX0.04466 MAD
5UGX0.2233 MAD
10UGX0.4466 MAD
50UGX2.23 MAD
100UGX4.47 MAD
500UGX22.33 MAD
1000UGX44.66 MAD
Today vs. 24 hours ago
| Amount | 03:16 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAD | $0.003030 | $0.003120 | -2.89% |
| 1 MAD | $0.006060 | $0.006240 | -2.89% |
| 5 MAD | $0.03030 | $0.03120 | -2.89% |
| 10 MAD | $0.06060 | $0.06240 | -2.89% |
| 50 MAD | $0.3030 | $0.3120 | -2.89% |
| 100 MAD | $0.6060 | $0.6240 | -2.89% |
| 500 MAD | $3.03 | $3.12 | -2.89% |
| 1000 MAD | $6.06 | $6.24 | -2.89% |
Today vs. 1 month ago
| Amount | 03:16 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAD | $0.003030 | $0.001856 | +63.25% |
| 1 MAD | $0.006060 | $0.003712 | +63.25% |
| 5 MAD | $0.03030 | $0.01856 | +63.25% |
| 10 MAD | $0.06060 | $0.03712 | +63.25% |
| 50 MAD | $0.3030 | $0.1856 | +63.25% |
| 100 MAD | $0.6060 | $0.3712 | +63.25% |
| 500 MAD | $3.03 | $1.86 | +63.25% |
| 1000 MAD | $6.06 | $3.71 | +63.25% |
Today vs. 1 year ago
| Amount | 03:16 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAD | $0.003030 | $0.01859 | -83.70% |
| 1 MAD | $0.006060 | $0.03719 | -83.70% |
| 5 MAD | $0.03030 | $0.1859 | -83.70% |
| 10 MAD | $0.06060 | $0.3719 | -83.70% |
| 50 MAD | $0.3030 | $1.86 | -83.70% |
| 100 MAD | $0.6060 | $3.72 | -83.70% |
| 500 MAD | $3.03 | $18.59 | -83.70% |
| 1000 MAD | $6.06 | $37.19 | -83.70% |
MAD Bucks price prediction
What will the price of MAD be in 2025?
Based on MAD's historical price performance prediction model, the price of MAD is projected to reach $0.009381 in 2025.
What will the price of MAD be in 2030?
In 2030, the MAD price is expected to change by +6.00%. By the end of 2030, the MAD price is projected to reach $0.02056, with a cumulative ROI of +282.23%.
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Popular MAD Bucks conversions
Check out these popular currency conversions of MAD Bucks to several fiat currencies.
MAD Bucks to USD
1 MAD to $ 0.006060 USD
MAD Bucks to GBP
1 MAD to £ 0.004812 GBP
MAD Bucks to EUR
1 MAD to € 0.005784 EUR
MAD Bucks to KRW
1 MAD to ₩ 8.49 KRW
MAD Bucks to CAD
1 MAD to $ 0.008465 CAD
MAD Bucks to AUD
1 MAD to $ 0.009297 AUD
MAD Bucks to JPY
1 MAD to ¥ 0.9350 JPY
MAD Bucks to BRL
1 MAD to R$ 0.03525 BRL
MAD Bucks to CNY
1 MAD to ¥ 0.04393 CNY
MAD Bucks to TWD
1 MAD to NT$ 0.1975 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in MAD Bucks.
MAD to UGX
1 MAD to Sh -- UGX
XRP to UGX
1 XRP to Sh 5,081.37 UGX
EGO to UGX
1 EGO to Sh 73.69 UGX
Sharpe AI to UGX
1 SAI to Sh 128.28 UGX
Solana to UGX
1 SOL to Sh 955,289.69 UGX
Bitcoin to UGX
1 BTC to Sh 365,200,415.67 UGX
Dogecoin to UGX
1 DOGE to Sh 1,457.95 UGX
Pepe to UGX
1 PEPE to Sh 0.07722 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 4,833.33 UGX
Sui to UGX
1 SUI to Sh 13,168.46 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 MAD Bucks 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 MAD Bucks 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 MAD Bucks 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.
