GMAC
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 Gemach(GMAC) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 GMAC at a value of 1 GMAC for 14.45 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 Gemach currency pair is the GMAC to UGX, with for Gemach's currency code being GMAC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
GMAC to UGX conversion rate trend
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In the past 1D, Gemach has changed -4.63% to UGX. Based on the trend and price charts, Gemach(GMAC) has changed -4.63% to UGX while Ugandan Shilling(UGX) has changed % to GMAC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh14.48 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:31:03(UTC+0)
How to buy Gemach
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Gemach (GMAC)
Use a variety of payment options to buy Gemach on Bitget. We'll show you how.
Buy GMAC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of GMAC with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy GMAC 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 GMAC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of GMAC to UGX. However, you can first exchange GMAC 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 Gemach to Ugandan Shilling?
Gemach to Ugandan Shilling is rising this week.Gemach's current market price is Sh 14.45 per GMAC, with a total market cap of Sh 7,223,624,167.12 UGX based on a circulating supply of 500,000,000 GMAC. The trading volume of Gemach has changed by -95.69% (Sh -145,686,155.56 UGX) in the last 24 hours. Last trading day, GMAC's trading volume was Sh 152,251,705.88.
Market cap
$1.98M
24h volume
$1.80K
Circulating supply
500.00M GMAC
Conversion tables
The exchange rate of Gemach is increasing.1 GMAC is currently valued at Sh 14.45 UGX , which means buying 5 GMAC will cost Sh 72.24 UGX . Similarly, Sh1 UGX can be traded for 0.06922 GMAC, and Sh50 UGX can be converted to 3.46 GMAC, excluding any platform or gas fees.
The exchange rate of 1 GMAC to Ugandan Shilling has changed by +42.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.63%, reaching a high of 15.15 UGX and a low of 14.45 UGX . One month ago, the value of 1 GMAC was Sh 8.51 UGX , which represents a +69.68% change from its current value. Over the last year, Gemach has changed by , resulting in a change of +399.96% in its value.
+Sh
11.56UGXGMAC to UGX
Amount
13:02 today
0.5 GMAC
Sh7.22
1 GMAC
Sh14.45
5 GMAC
Sh72.24
10 GMAC
Sh144.47
50 GMAC
Sh722.36
100 GMAC
Sh1,444.72
500 GMAC
Sh7,223.62
1000 GMAC
Sh14,447.25
UGX to GMAC
Amount13:02 today
0.5UGX0.03461 GMAC
1UGX0.06922 GMAC
5UGX0.3461 GMAC
10UGX0.6922 GMAC
50UGX3.46 GMAC
100UGX6.92 GMAC
500UGX34.61 GMAC
1000UGX69.22 GMAC
Today vs. 24 hours ago
| Amount | 13:02 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GMAC | $0.001977 | $0.002073 | -4.63% |
| 1 GMAC | $0.003954 | $0.004146 | -4.63% |
| 5 GMAC | $0.01977 | $0.02073 | -4.63% |
| 10 GMAC | $0.03954 | $0.04146 | -4.63% |
| 50 GMAC | $0.1977 | $0.2073 | -4.63% |
| 100 GMAC | $0.3954 | $0.4146 | -4.63% |
| 500 GMAC | $1.98 | $2.07 | -4.63% |
| 1000 GMAC | $3.95 | $4.15 | -4.63% |
Today vs. 1 month ago
| Amount | 13:02 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GMAC | $0.001977 | $0.001165 | +69.68% |
| 1 GMAC | $0.003954 | $0.002330 | +69.68% |
| 5 GMAC | $0.01977 | $0.01165 | +69.68% |
| 10 GMAC | $0.03954 | $0.02330 | +69.68% |
| 50 GMAC | $0.1977 | $0.1165 | +69.68% |
| 100 GMAC | $0.3954 | $0.2330 | +69.68% |
| 500 GMAC | $1.98 | $1.17 | +69.68% |
| 1000 GMAC | $3.95 | $2.33 | +69.68% |
Today vs. 1 year ago
| Amount | 13:02 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GMAC | $0.001977 | $0.0003955 | +399.96% |
| 1 GMAC | $0.003954 | $0.0007909 | +399.96% |
| 5 GMAC | $0.01977 | $0.003955 | +399.96% |
| 10 GMAC | $0.03954 | $0.007909 | +399.96% |
| 50 GMAC | $0.1977 | $0.03955 | +399.96% |
| 100 GMAC | $0.3954 | $0.07909 | +399.96% |
| 500 GMAC | $1.98 | $0.3955 | +399.96% |
| 1000 GMAC | $3.95 | $0.7909 | +399.96% |
Gemach price prediction
What will the price of GMAC be in 2025?
Based on GMAC's historical price performance prediction model, the price of GMAC is projected to reach $0.006521 in 2025.
What will the price of GMAC be in 2030?
In 2030, the GMAC price is expected to change by +5.00%. By the end of 2030, the GMAC price is projected to reach $0.01484, with a cumulative ROI of +222.32%.
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Popular Gemach conversions
Check out these popular currency conversions of Gemach to several fiat currencies.
Gemach to USD
1 GMAC to $ 0.003954 USD
Gemach to GBP
1 GMAC to £ 0.003145 GBP
Gemach to EUR
1 GMAC to € 0.003791 EUR
Gemach to KRW
1 GMAC to ₩ 5.72 KRW
Gemach to CAD
1 GMAC to $ 0.005677 CAD
Gemach to AUD
1 GMAC to $ 0.006326 AUD
Gemach to JPY
1 GMAC to ¥ 0.6186 JPY
Gemach to BRL
1 GMAC to R$ 0.02407 BRL
Gemach to CNY
1 GMAC to ¥ 0.02886 CNY
Gemach to TWD
1 GMAC to NT$ 0.1290 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Gemach.
Hive to UGX
1 HIVE to Sh 1,484.75 UGX
IDEX to UGX
1 IDEX to Sh 222.14 UGX
Adventure Gold to UGX
1 AGLD to Sh 6,531.84 UGX
Shoggoth (shoggoth.monster) to UGX
1 SHOGGOTH to Sh 191.01 UGX
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HEX (PulseChain) to UGX
1 HEX to Sh 60.01 UGX
Hunt Town to UGX
1 HUNT to Sh 1,444.9 UGX
Livepeer to UGX
1 LPT to Sh 54,584.09 UGX
HEX to UGX
1 HEX to Sh 12.99 UGX
Chintai to UGX
1 CHEX to Sh 1,967.92 UGX
PulseX to UGX
1 PLSX to Sh 0.1253 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 Gemach 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 Gemach 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 Gemach 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.
