UMB
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 Umbrella Network(UMB) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 UMB at a value of 1 UMB for 33.17 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 Umbrella Network currency pair is the UMB to UGX, with for Umbrella Network's currency code being UMB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
UMB to UGX conversion rate trend
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In the past 1D, Umbrella Network has changed +3.77% to UGX. Based on the trend and price charts, Umbrella Network(UMB) has changed +3.77% to UGX while Ugandan Shilling(UGX) has changed % to UMB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh32.95 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh32.22 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/25 00:00:20(UTC+0)
How to buy Umbrella Network
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 Umbrella Network (UMB)
Use a variety of payment options to buy Umbrella Network on Bitget. We'll show you how.
Buy UMB (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of UMB with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy UMB 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 UMB (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of UMB to UGX. However, you can first exchange UMB 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 Umbrella Network to Ugandan Shilling?
Umbrella Network to Ugandan Shilling is rising this week.Umbrella Network's current market price is Sh 33.17 per UMB, with a total market cap of Sh 9,716,757,981.13 UGX based on a circulating supply of 292,962,620 UMB. The trading volume of Umbrella Network has changed by -30.10% (Sh -391,045,352.52 UGX) in the last 24 hours. Last trading day, UMB's trading volume was Sh 1,299,326,663.07.
Market cap
$2.63M
24h volume
$245.88K
Circulating supply
292.96M UMB
Conversion tables
The exchange rate of Umbrella Network is increasing.1 UMB is currently valued at Sh 33.17 UGX , which means buying 5 UMB will cost Sh 165.84 UGX . Similarly, Sh1 UGX can be traded for 0.03015 UMB, and Sh50 UGX can be converted to 1.51 UMB, excluding any platform or gas fees.
The exchange rate of 1 UMB to Ugandan Shilling has changed by +29.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.77%, reaching a high of 33.66 UGX and a low of 31.96 UGX . One month ago, the value of 1 UMB was Sh 23.88 UGX , which represents a +38.90% change from its current value. Over the last year, Umbrella Network has changed by , resulting in a change of -38.06% in its value.
-Sh
20.38UGXUMB to UGX
Amount
02:24 am today
0.5 UMB
Sh16.58
1 UMB
Sh33.17
5 UMB
Sh165.84
10 UMB
Sh331.67
50 UMB
Sh1,658.36
100 UMB
Sh3,316.72
500 UMB
Sh16,583.61
1000 UMB
Sh33,167.23
UGX to UMB
Amount02:24 am today
0.5UGX0.01508 UMB
1UGX0.03015 UMB
5UGX0.1508 UMB
10UGX0.3015 UMB
50UGX1.51 UMB
100UGX3.02 UMB
500UGX15.08 UMB
1000UGX30.15 UMB
Today vs. 24 hours ago
| Amount | 02:24 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 UMB | $0.004489 | $0.004326 | +3.77% |
| 1 UMB | $0.008979 | $0.008652 | +3.77% |
| 5 UMB | $0.04489 | $0.04326 | +3.77% |
| 10 UMB | $0.08979 | $0.08652 | +3.77% |
| 50 UMB | $0.4489 | $0.4326 | +3.77% |
| 100 UMB | $0.8979 | $0.8652 | +3.77% |
| 500 UMB | $4.49 | $4.33 | +3.77% |
| 1000 UMB | $8.98 | $8.65 | +3.77% |
Today vs. 1 month ago
| Amount | 02:24 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 UMB | $0.004489 | $0.003232 | +38.90% |
| 1 UMB | $0.008979 | $0.006464 | +38.90% |
| 5 UMB | $0.04489 | $0.03232 | +38.90% |
| 10 UMB | $0.08979 | $0.06464 | +38.90% |
| 50 UMB | $0.4489 | $0.3232 | +38.90% |
| 100 UMB | $0.8979 | $0.6464 | +38.90% |
| 500 UMB | $4.49 | $3.23 | +38.90% |
| 1000 UMB | $8.98 | $6.46 | +38.90% |
Today vs. 1 year ago
| Amount | 02:24 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 UMB | $0.004489 | $0.007248 | -38.06% |
| 1 UMB | $0.008979 | $0.01450 | -38.06% |
| 5 UMB | $0.04489 | $0.07248 | -38.06% |
| 10 UMB | $0.08979 | $0.1450 | -38.06% |
| 50 UMB | $0.4489 | $0.7248 | -38.06% |
| 100 UMB | $0.8979 | $1.45 | -38.06% |
| 500 UMB | $4.49 | $7.25 | -38.06% |
| 1000 UMB | $8.98 | $14.5 | -38.06% |
Umbrella Network price prediction
What will the price of UMB be in 2025?
Based on UMB's historical price performance prediction model, the price of UMB is projected to reach $0.01044 in 2025.
What will the price of UMB be in 2030?
In 2030, the UMB price is expected to change by -1.00%. By the end of 2030, the UMB price is projected to reach $0.01509, with a cumulative ROI of +90.12%.
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Popular Umbrella Network conversions
Check out these popular currency conversions of Umbrella Network to several fiat currencies.
Umbrella Network to USD
1 UMB to $ 0.008979 USD
Umbrella Network to GBP
1 UMB to £ 0.007128 GBP
Umbrella Network to EUR
1 UMB to € 0.008566 EUR
Umbrella Network to KRW
1 UMB to ₩ 12.61 KRW
Umbrella Network to CAD
1 UMB to $ 0.01251 CAD
Umbrella Network to AUD
1 UMB to $ 0.01372 AUD
Umbrella Network to JPY
1 UMB to ¥ 1.38 JPY
Umbrella Network to BRL
1 UMB to R$ 0.05213 BRL
Umbrella Network to CNY
1 UMB to ¥ 0.06509 CNY
Umbrella Network to TWD
1 UMB to NT$ 0.2925 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Umbrella Network.
Bitcoin to UGX
1 BTC to Sh 360,671,114.39 UGX
MAD to UGX
1 MAD to Sh 0.1462 UGX
XRP to UGX
1 XRP to Sh 5,126.52 UGX
Stellar to UGX
1 XLM to Sh 1,905.22 UGX
Kusama to UGX
1 KSM to Sh 143,378.61 UGX
Dogecoin to UGX
1 DOGE to Sh 1,552.35 UGX
Hedera to UGX
1 HBAR to Sh 522.34 UGX
Cardano to UGX
1 ADA to Sh 3,658.69 UGX
Polkadot to UGX
1 DOT to Sh 31,629.05 UGX
Solana to UGX
1 SOL to Sh 926,155.62 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 Umbrella 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 Umbrella 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 Umbrella 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.
