CML
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 CamelCoin(CML) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 CML at a value of 1 CML for 146.74 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 CamelCoin currency pair is the CML to UGX, with for CamelCoin's currency code being CML. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
CML to UGX conversion rate trend
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In the past 1D, CamelCoin has changed -19.88% to UGX. Based on the trend and price charts, CamelCoin(CML) has changed -19.88% to UGX while Ugandan Shilling(UGX) has changed % to CML in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh146.74 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:37:49(UTC+0)
How to buy CamelCoin
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Buy CamelCoin (CML)
Use a variety of payment options to buy CamelCoin on Bitget. We'll show you how.
Buy CML (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of CML with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy CML with USDT via Bitget spot market.
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|---|
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Sell CML (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of CML to UGX. However, you can first exchange CML 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 CamelCoin to Ugandan Shilling?
CamelCoin to Ugandan Shilling is falling this week.CamelCoin's current market price is Sh 146.74 per CML, with a total market cap of Sh 0 UGX based on a circulating supply of -- CML. The trading volume of CamelCoin has changed by -0.05% (Sh -125.47 UGX) in the last 24 hours. Last trading day, CML's trading volume was Sh 265,255.14.
Market cap
$0
24h volume
$72.56643941
Circulating supply
0 CML
Conversion tables
The exchange rate of CamelCoin is decreasing.1 CML is currently valued at Sh 146.74 UGX , which means buying 5 CML will cost Sh 733.72 UGX . Similarly, Sh1 UGX can be traded for 0.006815 CML, and Sh50 UGX can be converted to 0.3407 CML, excluding any platform or gas fees.
The exchange rate of 1 CML to Ugandan Shilling has changed by -18.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -19.88%, reaching a high of 142.38 UGX and a low of 113.94 UGX . One month ago, the value of 1 CML was Sh 158.62 UGX , which represents a -9.44% change from its current value. Over the last year, CamelCoin has changed by , resulting in a change of +205.09% in its value.
+Sh
76.61UGXCML to UGX
Amount
01:58 am today
0.5 CML
Sh73.37
1 CML
Sh146.74
5 CML
Sh733.72
10 CML
Sh1,467.44
50 CML
Sh7,337.2
100 CML
Sh14,674.39
500 CML
Sh73,371.96
1000 CML
Sh146,743.91
UGX to CML
Amount01:58 am today
0.5UGX0.003407 CML
1UGX0.006815 CML
5UGX0.03407 CML
10UGX0.06815 CML
50UGX0.3407 CML
100UGX0.6815 CML
500UGX3.41 CML
1000UGX6.81 CML
Today vs. 24 hours ago
| Amount | 01:58 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CML | $0.02008 | $0.02395 | -19.88% |
| 1 CML | $0.04016 | $0.04790 | -19.88% |
| 5 CML | $0.2008 | $0.2395 | -19.88% |
| 10 CML | $0.4016 | $0.4790 | -19.88% |
| 50 CML | $2.01 | $2.4 | -19.88% |
| 100 CML | $4.02 | $4.79 | -19.88% |
| 500 CML | $20.08 | $23.95 | -19.88% |
| 1000 CML | $40.16 | $47.9 | -19.88% |
Today vs. 1 month ago
| Amount | 01:58 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CML | $0.02008 | $0.02171 | -9.44% |
| 1 CML | $0.04016 | $0.04341 | -9.44% |
| 5 CML | $0.2008 | $0.2171 | -9.44% |
| 10 CML | $0.4016 | $0.4341 | -9.44% |
| 50 CML | $2.01 | $2.17 | -9.44% |
| 100 CML | $4.02 | $4.34 | -9.44% |
| 500 CML | $20.08 | $21.71 | -9.44% |
| 1000 CML | $40.16 | $43.41 | -9.44% |
Today vs. 1 year ago
| Amount | 01:58 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CML | $0.02008 | $0.009598 | +205.09% |
| 1 CML | $0.04016 | $0.01920 | +205.09% |
| 5 CML | $0.2008 | $0.09598 | +205.09% |
| 10 CML | $0.4016 | $0.1920 | +205.09% |
| 50 CML | $2.01 | $0.9598 | +205.09% |
| 100 CML | $4.02 | $1.92 | +205.09% |
| 500 CML | $20.08 | $9.6 | +205.09% |
| 1000 CML | $40.16 | $19.2 | +205.09% |
CamelCoin price prediction
What will the price of CML be in 2025?
Based on CML's historical price performance prediction model, the price of CML is projected to reach $0.01912 in 2025.
What will the price of CML be in 2030?
In 2030, the CML price is expected to change by -19.00%. By the end of 2030, the CML price is projected to reach $0.02354, with a cumulative ROI of -41.39%.
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Popular CamelCoin conversions
Check out these popular currency conversions of CamelCoin to several fiat currencies.
CamelCoin to USD
1 CML to $ 0.04016 USD
CamelCoin to GBP
1 CML to £ 0.03194 GBP
CamelCoin to EUR
1 CML to € 0.03851 EUR
CamelCoin to KRW
1 CML to ₩ 58.12 KRW
CamelCoin to CAD
1 CML to $ 0.05768 CAD
CamelCoin to AUD
1 CML to $ 0.06430 AUD
CamelCoin to JPY
1 CML to ¥ 6.29 JPY
CamelCoin to BRL
1 CML to R$ 0.2442 BRL
CamelCoin to CNY
1 CML to ¥ 0.2931 CNY
CamelCoin to TWD
1 CML to NT$ 1.31 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 CamelCoin 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 CamelCoin 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 CamelCoin 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.
