OMG
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 OMG Network(OMG) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 OMG at a value of 1 OMG for 1,244.23 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 OMG Network currency pair is the OMG to UGX, with for OMG Network's currency code being OMG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
OMG to UGX conversion rate trend
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In the past 1D, OMG Network has changed -4.97% to UGX. Based on the trend and price charts, OMG Network(OMG) has changed -4.97% to UGX while Ugandan Shilling(UGX) has changed % to OMG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh1,222.86 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh1,399.33 | 0.1000% / 0.1000% | Yes |
OKX | Sh1,004.38 | 0.080% / 0.100% | Yes |
Huobi | Sh1,221.04 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh1,222.86 | 0.1000% / 0.1000% | Yes |
Bybit | Sh1,221.4 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh1,223.96 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy OMG Network
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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy OMG Network (OMG)
Use a variety of payment options to buy OMG Network on Bitget. We'll show you how.
Learn MoreBuy OMG (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of OMG with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy OMG 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 OMG (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of OMG to UGX. However, you can first exchange OMG 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 OMG Network to Ugandan Shilling?
OMG Network to Ugandan Shilling is falling this week.OMG Network's current market price is Sh 1,244.23 per OMG, with a total market cap of Sh 174,497,964,630.42 UGX based on a circulating supply of 140,245,390 OMG. The trading volume of OMG Network has changed by -16.45% (Sh -6,407,684,869.53 UGX) in the last 24 hours. Last trading day, OMG's trading volume was Sh 38,955,570,163.78.
Market cap
$47.76M
24h volume
$8.91M
Circulating supply
140.25M OMG
Conversion tables
The exchange rate of OMG Network is increasing.1 OMG is currently valued at Sh 1,244.23 UGX , which means buying 5 OMG will cost Sh 6,221.17 UGX . Similarly, Sh1 UGX can be traded for 0.0008037 OMG, and Sh50 UGX can be converted to 0.04019 OMG, excluding any platform or gas fees.
The exchange rate of 1 OMG to Ugandan Shilling has changed by -19.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.97%, reaching a high of 1,303.02 UGX and a low of 1,192.03 UGX . One month ago, the value of 1 OMG was Sh 1,146.83 UGX , which represents a +8.46% change from its current value. Over the last year, OMG Network has changed by , resulting in a change of -58.78% in its value.
-Sh
1,780.85UGXOMG to UGX
Amount
12:46 today
0.5 OMG
Sh622.12
1 OMG
Sh1,244.23
5 OMG
Sh6,221.17
10 OMG
Sh12,442.33
50 OMG
Sh62,211.65
100 OMG
Sh124,423.31
500 OMG
Sh622,116.54
1000 OMG
Sh1,244,233.09
UGX to OMG
Amount12:46 today
0.5UGX0.0004019 OMG
1UGX0.0008037 OMG
5UGX0.004019 OMG
10UGX0.008037 OMG
50UGX0.04019 OMG
100UGX0.08037 OMG
500UGX0.4019 OMG
1000UGX0.8037 OMG
Today vs. 24 hours ago
| Amount | 12:46 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OMG | $0.1703 | $0.1792 | -4.97% |
| 1 OMG | $0.3405 | $0.3584 | -4.97% |
| 5 OMG | $1.7 | $1.79 | -4.97% |
| 10 OMG | $3.41 | $3.58 | -4.97% |
| 50 OMG | $17.03 | $17.92 | -4.97% |
| 100 OMG | $34.05 | $35.84 | -4.97% |
| 500 OMG | $170.27 | $179.21 | -4.97% |
| 1000 OMG | $340.55 | $358.42 | -4.97% |
Today vs. 1 month ago
| Amount | 12:46 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OMG | $0.1703 | $0.1569 | +8.46% |
| 1 OMG | $0.3405 | $0.3139 | +8.46% |
| 5 OMG | $1.7 | $1.57 | +8.46% |
| 10 OMG | $3.41 | $3.14 | +8.46% |
| 50 OMG | $17.03 | $15.69 | +8.46% |
| 100 OMG | $34.05 | $31.39 | +8.46% |
| 500 OMG | $170.27 | $156.94 | +8.46% |
| 1000 OMG | $340.55 | $313.89 | +8.46% |
Today vs. 1 year ago
| Amount | 12:46 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OMG | $0.1703 | $0.4140 | -58.78% |
| 1 OMG | $0.3405 | $0.8280 | -58.78% |
| 5 OMG | $1.7 | $4.14 | -58.78% |
| 10 OMG | $3.41 | $8.28 | -58.78% |
| 50 OMG | $17.03 | $41.4 | -58.78% |
| 100 OMG | $34.05 | $82.8 | -58.78% |
| 500 OMG | $170.27 | $413.98 | -58.78% |
| 1000 OMG | $340.55 | $827.97 | -58.78% |
OMG Network price prediction
What will the price of OMG be in 2025?
Based on OMG's historical price performance prediction model, the price of OMG is projected to reach $0.4686 in 2025.
What will the price of OMG be in 2030?
In 2030, the OMG price is expected to change by +6.00%. By the end of 2030, the OMG price is projected to reach $0.7161, with a cumulative ROI of +105.42%.
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Popular OMG Network conversions
Check out these popular currency conversions of OMG Network to several fiat currencies.
OMG Network to USD
1 OMG to $ 0.3405 USD
OMG Network to GBP
1 OMG to £ 0.2709 GBP
OMG Network to EUR
1 OMG to € 0.3265 EUR
OMG Network to KRW
1 OMG to ₩ 492.58 KRW
OMG Network to CAD
1 OMG to $ 0.4890 CAD
OMG Network to AUD
1 OMG to $ 0.5448 AUD
OMG Network to JPY
1 OMG to ¥ 53.28 JPY
OMG Network to BRL
1 OMG to R$ 2.07 BRL
OMG Network to CNY
1 OMG to ¥ 2.49 CNY
OMG Network to TWD
1 OMG to NT$ 11.11 TWD
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1 HEX to Sh 13.12 UGX
Chintai to UGX
1 CHEX to Sh 1,959.35 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 OMG Network 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 OMG Network 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 OMG Network 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.
