MTC
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 Matrix Chain(MTC) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MTC at a value of 1 MTC for 1.72 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 Matrix Chain currency pair is the MTC to UGX, with for Matrix Chain's currency code being MTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MTC to UGX conversion rate trend
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In the past 1D, Matrix Chain has changed +0.31% to UGX. Based on the trend and price charts, Matrix Chain(MTC) has changed +0.31% to UGX while Ugandan Shilling(UGX) has changed % to MTC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1.72 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 08:34:04(UTC+0)
How to buy Matrix Chain
Create Your Free Bitget Account
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Buy Matrix Chain (MTC)
Use a variety of payment options to buy Matrix Chain on Bitget. We'll show you how.
Buy MTC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MTC with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MTC 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 MTC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MTC to UGX. However, you can first exchange MTC 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 Matrix Chain to Ugandan Shilling?
Matrix Chain to Ugandan Shilling is falling this week.Matrix Chain's current market price is Sh 1.72 per MTC, with a total market cap of Sh 0 UGX based on a circulating supply of -- MTC. The trading volume of Matrix Chain has changed by -64.98% (Sh -2,407,152.33 UGX) in the last 24 hours. Last trading day, MTC's trading volume was Sh 3,704,240.19.
Market cap
$0
24h volume
$351.13121117
Circulating supply
0 MTC
Conversion tables
The exchange rate of Matrix Chain is decreasing.1 MTC is currently valued at Sh 1.72 UGX , which means buying 5 MTC will cost Sh 8.61 UGX . Similarly, Sh1 UGX can be traded for 0.5809 MTC, and Sh50 UGX can be converted to 29.05 MTC, excluding any platform or gas fees.
The exchange rate of 1 MTC to Ugandan Shilling has changed by -5.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.31%, reaching a high of 1.72 UGX and a low of 1.71 UGX . One month ago, the value of 1 MTC was Sh 4.2 UGX , which represents a -59.05% change from its current value. Over the last year, Matrix Chain has changed by , resulting in a change of -98.92% in its value.
+Sh
1.72UGXMTC to UGX
Amount
14:57 today
0.5 MTC
Sh0.8607
1 MTC
Sh1.72
5 MTC
Sh8.61
10 MTC
Sh17.21
50 MTC
Sh86.07
100 MTC
Sh172.14
500 MTC
Sh860.72
1000 MTC
Sh1,721.44
UGX to MTC
Amount14:57 today
0.5UGX0.2905 MTC
1UGX0.5809 MTC
5UGX2.9 MTC
10UGX5.81 MTC
50UGX29.05 MTC
100UGX58.09 MTC
500UGX290.45 MTC
1000UGX580.91 MTC
Today vs. 24 hours ago
| Amount | 14:57 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MTC | $0.0002330 | $0.0002323 | +0.31% |
| 1 MTC | $0.0004660 | $0.0004646 | +0.31% |
| 5 MTC | $0.002330 | $0.002323 | +0.31% |
| 10 MTC | $0.004660 | $0.004646 | +0.31% |
| 50 MTC | $0.02330 | $0.02323 | +0.31% |
| 100 MTC | $0.04660 | $0.04646 | +0.31% |
| 500 MTC | $0.2330 | $0.2323 | +0.31% |
| 1000 MTC | $0.4660 | $0.4646 | +0.31% |
Today vs. 1 month ago
| Amount | 14:57 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MTC | $0.0002330 | $0.0005691 | -59.05% |
| 1 MTC | $0.0004660 | $0.001138 | -59.05% |
| 5 MTC | $0.002330 | $0.005691 | -59.05% |
| 10 MTC | $0.004660 | $0.01138 | -59.05% |
| 50 MTC | $0.02330 | $0.05691 | -59.05% |
| 100 MTC | $0.04660 | $0.1138 | -59.05% |
| 500 MTC | $0.2330 | $0.5691 | -59.05% |
| 1000 MTC | $0.4660 | $1.14 | -59.05% |
Today vs. 1 year ago
| Amount | 14:57 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MTC | $0.0002330 | $0.00 | -98.92% |
| 1 MTC | $0.0004660 | $0.00 | -98.92% |
| 5 MTC | $0.002330 | $0.00 | -98.92% |
| 10 MTC | $0.004660 | $0.00 | -98.92% |
| 50 MTC | $0.02330 | $0.00 | -98.92% |
| 100 MTC | $0.04660 | $0.00 | -98.92% |
| 500 MTC | $0.2330 | $0.00 | -98.92% |
| 1000 MTC | $0.4660 | $0.00 | -98.92% |
Matrix Chain price prediction
What will the price of MTC be in 2025?
Based on MTC's historical price performance prediction model, the price of MTC is projected to reach $0.004832 in 2025.
What will the price of MTC be in 2030?
In 2030, the MTC price is expected to change by -10.00%. By the end of 2030, the MTC price is projected to reach $0.008209, with a cumulative ROI of +1661.60%.
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Popular Matrix Chain conversions
Check out these popular currency conversions of Matrix Chain to several fiat currencies.
Matrix Chain to USD
1 MTC to $ 0.0004660 USD
Matrix Chain to GBP
1 MTC to £ 0.0003719 GBP
Matrix Chain to EUR
1 MTC to € 0.0004473 EUR
Matrix Chain to KRW
1 MTC to ₩ 0.6545 KRW
Matrix Chain to CAD
1 MTC to $ 0.0006539 CAD
Matrix Chain to AUD
1 MTC to $ 0.0007166 AUD
Matrix Chain to JPY
1 MTC to ¥ 0.07212 JPY
Matrix Chain to BRL
1 MTC to R$ 0.002703 BRL
Matrix Chain to CNY
1 MTC to ¥ 0.003379 CNY
Matrix Chain to TWD
1 MTC to NT$ 0.01518 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Matrix Chain.
Bitcoin to UGX
1 BTC to Sh 358,179,382.96 UGX
MAD to UGX
1 MAD to Sh 0.1273 UGX
XRP to UGX
1 XRP to Sh 4,993.5 UGX
Stellar to UGX
1 XLM to Sh 1,747.96 UGX
Kusama to UGX
1 KSM to Sh 141,395.25 UGX
Dogecoin to UGX
1 DOGE to Sh 1,520.44 UGX
Hedera to UGX
1 HBAR to Sh 521.02 UGX
Cardano to UGX
1 ADA to Sh 3,603.4 UGX
Polkadot to UGX
1 DOT to Sh 31,534.93 UGX
Solana to UGX
1 SOL to Sh 909,333.66 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 Matrix Chain 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 Matrix Chain 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 Matrix Chain 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.
