MC
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 Merit Circle(MC) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MC at a value of 1 MC for 823.52 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 Merit Circle currency pair is the MC to UGX, with for Merit Circle's currency code being MC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MC to UGX conversion rate trend
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In the past 1D, Merit Circle has changed +16.39% to UGX. Based on the trend and price charts, Merit Circle(MC) has changed +16.39% to UGX while Ugandan Shilling(UGX) has changed % to MC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh801.25 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh1,776.78 | 0.1000% / 0.1000% | Yes |
Huobi | Sh2,943.52 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh1,648.12 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/18 16:00:18(UTC+0)
How to buy Merit Circle
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Buy Merit Circle (MC)
Use a variety of payment options to buy Merit Circle on Bitget. We'll show you how.
Buy MC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MC with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MC 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 MC (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MC to UGX. However, you can first exchange MC 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 Merit Circle to Ugandan Shilling?
Merit Circle to Ugandan Shilling is falling this week.Merit Circle's current market price is Sh 823.52 per MC, with a total market cap of Sh 0 UGX based on a circulating supply of -- MC. The trading volume of Merit Circle has changed by -3.25% (Sh -7,493,693.69 UGX) in the last 24 hours. Last trading day, MC's trading volume was Sh 230,270,524.81.
Market cap
$0
24h volume
$60.95K
Circulating supply
0 MC
Conversion tables
The exchange rate of Merit Circle is decreasing.1 MC is currently valued at Sh 823.52 UGX , which means buying 5 MC will cost Sh 4,117.59 UGX . Similarly, Sh1 UGX can be traded for 0.001214 MC, and Sh50 UGX can be converted to 0.06072 MC, excluding any platform or gas fees.
The exchange rate of 1 MC to Ugandan Shilling has changed by -10.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by +16.39%, reaching a high of 840.22 UGX and a low of 714.34 UGX . One month ago, the value of 1 MC was Sh 6,391.41 UGX , which represents a -87.12% change from its current value. Over the last year, Merit Circle has changed by , resulting in a change of -75.81% in its value.
-Sh
2,581.11UGXMC to UGX
Amount
21:30 today
0.5 MC
Sh411.76
1 MC
Sh823.52
5 MC
Sh4,117.59
10 MC
Sh8,235.18
50 MC
Sh41,175.91
100 MC
Sh82,351.82
500 MC
Sh411,759.08
1000 MC
Sh823,518.16
UGX to MC
Amount21:30 today
0.5UGX0.0006072 MC
1UGX0.001214 MC
5UGX0.006072 MC
10UGX0.01214 MC
50UGX0.06072 MC
100UGX0.1214 MC
500UGX0.6072 MC
1000UGX1.21 MC
Today vs. 24 hours ago
| Amount | 21:30 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MC | $0.1127 | $0.09679 | +16.39% |
| 1 MC | $0.2253 | $0.1936 | +16.39% |
| 5 MC | $1.13 | $0.9679 | +16.39% |
| 10 MC | $2.25 | $1.94 | +16.39% |
| 50 MC | $11.27 | $9.68 | +16.39% |
| 100 MC | $22.53 | $19.36 | +16.39% |
| 500 MC | $112.65 | $96.79 | +16.39% |
| 1000 MC | $225.3 | $193.58 | +16.39% |
Today vs. 1 month ago
| Amount | 21:30 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MC | $0.1127 | $0.8743 | -87.12% |
| 1 MC | $0.2253 | $1.75 | -87.12% |
| 5 MC | $1.13 | $8.74 | -87.12% |
| 10 MC | $2.25 | $17.49 | -87.12% |
| 50 MC | $11.27 | $87.43 | -87.12% |
| 100 MC | $22.53 | $174.86 | -87.12% |
| 500 MC | $112.65 | $874.3 | -87.12% |
| 1000 MC | $225.3 | $1,748.59 | -87.12% |
Today vs. 1 year ago
| Amount | 21:30 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MC | $0.1127 | $0.4657 | -75.81% |
| 1 MC | $0.2253 | $0.9315 | -75.81% |
| 5 MC | $1.13 | $4.66 | -75.81% |
| 10 MC | $2.25 | $9.31 | -75.81% |
| 50 MC | $11.27 | $46.57 | -75.81% |
| 100 MC | $22.53 | $93.15 | -75.81% |
| 500 MC | $112.65 | $465.73 | -75.81% |
| 1000 MC | $225.3 | $931.45 | -75.81% |
Merit Circle price prediction
What will the price of MC be in 2025?
Based on MC's historical price performance prediction model, the price of MC is projected to reach $0.5520 in 2025.
What will the price of MC be in 2030?
In 2030, the MC price is expected to change by -10.00%. By the end of 2030, the MC price is projected to reach $1.06, with a cumulative ROI of +368.99%.
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Popular Merit Circle conversions
Check out these popular currency conversions of Merit Circle to several fiat currencies.
Merit Circle to USD
1 MC to $ 0.2253 USD
Merit Circle to GBP
1 MC to £ 0.1777 GBP
Merit Circle to EUR
1 MC to € 0.2126 EUR
Merit Circle to KRW
1 MC to ₩ 313.64 KRW
Merit Circle to CAD
1 MC to $ 0.3156 CAD
Merit Circle to AUD
1 MC to $ 0.3461 AUD
Merit Circle to JPY
1 MC to ¥ 34.84 JPY
Merit Circle to BRL
1 MC to R$ 1.29 BRL
Merit Circle to CNY
1 MC to ¥ 1.63 CNY
Merit Circle to TWD
1 MC to NT$ 7.32 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Merit Circle.
XRP to UGX
1 XRP to Sh 4,133.12 UGX
Cardano to UGX
1 ADA to Sh 2,729.84 UGX
Hooked Protocol to UGX
1 HOOK to Sh 1,621.26 UGX
Solana to UGX
1 SOL to Sh 877,005.94 UGX
Dogecoin to UGX
1 DOGE to Sh 1,376.92 UGX
Aevo to UGX
1 AEVO to Sh 1,401.4 UGX
Pepe to UGX
1 PEPE to Sh 0.07458 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 5,876.97 UGX
Bonk to UGX
1 BONK to Sh 0.1807 UGX
Hedera to UGX
1 HBAR to Sh 465.21 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 Merit Circle 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 Merit Circle 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 Merit Circle 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.
