NEER
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 MNet Pioneer(NEER) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 NEER at a value of 1 NEER for 46.90 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 MNet Pioneer currency pair is the NEER to UGX, with for MNet Pioneer's currency code being NEER. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
NEER to UGX conversion rate trend
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In the past 1D, MNet Pioneer has changed +1.67% to UGX. Based on the trend and price charts, MNet Pioneer(NEER) has changed +1.67% to UGX while Ugandan Shilling(UGX) has changed % to NEER in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh46.81 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh46.77 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh96.82 | 0.1000% / 0.1000% | Yes |
Last updated 2024/10/07 01:00:23(UTC+0)
How to buy MNet Pioneer
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy MNet Pioneer (NEER)
Use a variety of payment options to buy MNet Pioneer on Bitget. We'll show you how.
Buy NEER (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of NEER with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy NEER 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 NEER (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of NEER to UGX. However, you can first exchange NEER 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 MNet Pioneer to Ugandan Shilling?
MNet Pioneer to Ugandan Shilling is falling this week.MNet Pioneer's current market price is Sh 46.9 per NEER, with a total market cap of Sh 912,381,064.92 UGX based on a circulating supply of 19,453,216 NEER. The trading volume of MNet Pioneer has changed by +30.98% (Sh 111,347,664.88 UGX) in the last 24 hours. Last trading day, NEER's trading volume was Sh 359,464,310.7.
Market cap
$249.72K
24h volume
$128.86K
Circulating supply
19.45M NEER
Conversion tables
The exchange rate of MNet Pioneer is decreasing.1 NEER is currently valued at Sh 46.9 UGX , which means buying 5 NEER will cost Sh 234.51 UGX . Similarly, Sh1 UGX can be traded for 0.02132 NEER, and Sh50 UGX can be converted to 1.07 NEER, excluding any platform or gas fees.
The exchange rate of 1 NEER to Ugandan Shilling has changed by -14.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.67%, reaching a high of 47.53 UGX and a low of 42.37 UGX . One month ago, the value of 1 NEER was Sh 56.45 UGX , which represents a -16.92% change from its current value. Over the last year, MNet Pioneer has changed by , resulting in a change of -95.66% in its value.
-Sh
1,033.68UGXNEER to UGX
Amount
12:01 today
0.5 NEER
Sh23.45
1 NEER
Sh46.9
5 NEER
Sh234.51
10 NEER
Sh469.01
50 NEER
Sh2,345.06
100 NEER
Sh4,690.13
500 NEER
Sh23,450.65
1000 NEER
Sh46,901.3
UGX to NEER
Amount12:01 today
0.5UGX0.01066 NEER
1UGX0.02132 NEER
5UGX0.1066 NEER
10UGX0.2132 NEER
50UGX1.07 NEER
100UGX2.13 NEER
500UGX10.66 NEER
1000UGX21.32 NEER
Today vs. 24 hours ago
| Amount | 12:01 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NEER | $0.006418 | $0.006313 | +1.67% |
| 1 NEER | $0.01284 | $0.01263 | +1.67% |
| 5 NEER | $0.06418 | $0.06313 | +1.67% |
| 10 NEER | $0.1284 | $0.1263 | +1.67% |
| 50 NEER | $0.6418 | $0.6313 | +1.67% |
| 100 NEER | $1.28 | $1.26 | +1.67% |
| 500 NEER | $6.42 | $6.31 | +1.67% |
| 1000 NEER | $12.84 | $12.63 | +1.67% |
Today vs. 1 month ago
| Amount | 12:01 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NEER | $0.006418 | $0.007726 | -16.92% |
| 1 NEER | $0.01284 | $0.01545 | -16.92% |
| 5 NEER | $0.06418 | $0.07726 | -16.92% |
| 10 NEER | $0.1284 | $0.1545 | -16.92% |
| 50 NEER | $0.6418 | $0.7726 | -16.92% |
| 100 NEER | $1.28 | $1.55 | -16.92% |
| 500 NEER | $6.42 | $7.73 | -16.92% |
| 1000 NEER | $12.84 | $15.45 | -16.92% |
Today vs. 1 year ago
| Amount | 12:01 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NEER | $0.006418 | $0.1479 | -95.66% |
| 1 NEER | $0.01284 | $0.2958 | -95.66% |
| 5 NEER | $0.06418 | $1.48 | -95.66% |
| 10 NEER | $0.1284 | $2.96 | -95.66% |
| 50 NEER | $0.6418 | $14.79 | -95.66% |
| 100 NEER | $1.28 | $29.58 | -95.66% |
| 500 NEER | $6.42 | $147.88 | -95.66% |
| 1000 NEER | $12.84 | $295.76 | -95.66% |
MNet Pioneer price prediction
What will the price of NEER be in 2025?
Based on NEER's historical price performance prediction model, the price of NEER is projected to reach $0.04739 in 2025.
What will the price of NEER be in 2030?
In 2030, the NEER price is expected to change by -11.00%. By the end of 2030, the NEER price is projected to reach $0.06457, with a cumulative ROI of +335.91%.
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Popular MNet Pioneer conversions
Check out these popular currency conversions of MNet Pioneer to several fiat currencies.
MNet Pioneer to USD
1 NEER to $ 0.01284 USD
MNet Pioneer to GBP
1 NEER to £ 0.01021 GBP
MNet Pioneer to EUR
1 NEER to € 0.01231 EUR
MNet Pioneer to KRW
1 NEER to ₩ 18.57 KRW
MNet Pioneer to CAD
1 NEER to $ 0.01843 CAD
MNet Pioneer to AUD
1 NEER to $ 0.02054 AUD
MNet Pioneer to JPY
1 NEER to ¥ 2.01 JPY
MNet Pioneer to BRL
1 NEER to R$ 0.07813 BRL
MNet Pioneer to CNY
1 NEER to ¥ 0.09368 CNY
MNet Pioneer to TWD
1 NEER to NT$ 0.4189 TWD
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HEX to UGX
1 HEX to Sh 13.9 UGX
Chintai to UGX
1 CHEX to Sh 2,071.75 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 MNet Pioneer 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 MNet Pioneer 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 MNet Pioneer 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.
