MTH
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 Monetha(MTH) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MTH at a value of 1 MTH for 4.53 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 Monetha currency pair is the MTH to UGX, with for Monetha's currency code being MTH. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MTH to UGX conversion rate trend
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In the past 1D, Monetha has changed +25.17% to UGX. Based on the trend and price charts, Monetha(MTH) has changed +25.17% to UGX while Ugandan Shilling(UGX) has changed % to MTH in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh3.18 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:31:31(UTC+0)
How to buy Monetha
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Buy Monetha (MTH)
Use a variety of payment options to buy Monetha on Bitget. We'll show you how.
Buy MTH (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MTH with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MTH with USDT via Bitget spot market.
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Sell MTH (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MTH to UGX. However, you can first exchange MTH for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Monetha to Ugandan Shilling?
Monetha to Ugandan Shilling is falling this week.Monetha's current market price is Sh 4.53 per MTH, with a total market cap of Sh 1,593,346,054.15 UGX based on a circulating supply of 352,086,980 MTH. The trading volume of Monetha has changed by -6.49% (Sh -3,464,416.46 UGX) in the last 24 hours. Last trading day, MTH's trading volume was Sh 53,347,137.54.
Market cap
$436.10K
24h volume
$13.65K
Circulating supply
352.09M MTH
Conversion tables
The exchange rate of Monetha is decreasing.1 MTH is currently valued at Sh 4.53 UGX , which means buying 5 MTH will cost Sh 22.63 UGX . Similarly, Sh1 UGX can be traded for 0.2210 MTH, and Sh50 UGX can be converted to 11.05 MTH, excluding any platform or gas fees.
The exchange rate of 1 MTH to Ugandan Shilling has changed by -53.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +25.17%, reaching a high of 4.56 UGX and a low of 3.07 UGX . One month ago, the value of 1 MTH was Sh 15.97 UGX , which represents a -71.67% change from its current value. Over the last year, Monetha has changed by , resulting in a change of -70.48% in its value.
-Sh
10.81UGXMTH to UGX
Amount
21:29 today
0.5 MTH
Sh2.26
1 MTH
Sh4.53
5 MTH
Sh22.63
10 MTH
Sh45.25
50 MTH
Sh226.27
100 MTH
Sh452.54
500 MTH
Sh2,262.72
1000 MTH
Sh4,525.43
UGX to MTH
Amount21:29 today
0.5UGX0.1105 MTH
1UGX0.2210 MTH
5UGX1.1 MTH
10UGX2.21 MTH
50UGX11.05 MTH
100UGX22.1 MTH
500UGX110.49 MTH
1000UGX220.97 MTH
Today vs. 24 hours ago
| Amount | 21:29 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MTH | $0.0006193 | $0.0004948 | +25.17% |
| 1 MTH | $0.001239 | $0.0009895 | +25.17% |
| 5 MTH | $0.006193 | $0.004948 | +25.17% |
| 10 MTH | $0.01239 | $0.009895 | +25.17% |
| 50 MTH | $0.06193 | $0.04948 | +25.17% |
| 100 MTH | $0.1239 | $0.09895 | +25.17% |
| 500 MTH | $0.6193 | $0.4948 | +25.17% |
| 1000 MTH | $1.24 | $0.9895 | +25.17% |
Today vs. 1 month ago
| Amount | 21:29 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MTH | $0.0006193 | $0.002186 | -71.67% |
| 1 MTH | $0.001239 | $0.004372 | -71.67% |
| 5 MTH | $0.006193 | $0.02186 | -71.67% |
| 10 MTH | $0.01239 | $0.04372 | -71.67% |
| 50 MTH | $0.06193 | $0.2186 | -71.67% |
| 100 MTH | $0.1239 | $0.4372 | -71.67% |
| 500 MTH | $0.6193 | $2.19 | -71.67% |
| 1000 MTH | $1.24 | $4.37 | -71.67% |
Today vs. 1 year ago
| Amount | 21:29 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MTH | $0.0006193 | $0.002098 | -70.48% |
| 1 MTH | $0.001239 | $0.004196 | -70.48% |
| 5 MTH | $0.006193 | $0.02098 | -70.48% |
| 10 MTH | $0.01239 | $0.04196 | -70.48% |
| 50 MTH | $0.06193 | $0.2098 | -70.48% |
| 100 MTH | $0.1239 | $0.4196 | -70.48% |
| 500 MTH | $0.6193 | $2.1 | -70.48% |
| 1000 MTH | $1.24 | $4.2 | -70.48% |
Monetha price prediction
What will the price of MTH be in 2025?
Based on MTH's historical price performance prediction model, the price of MTH is projected to reach $0.001560 in 2025.
What will the price of MTH be in 2030?
In 2030, the MTH price is expected to change by -12.00%. By the end of 2030, the MTH price is projected to reach $0.002698, with a cumulative ROI of +132.65%.
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Popular Monetha conversions
Check out these popular currency conversions of Monetha to several fiat currencies.
Monetha to USD
1 MTH to $ 0.001239 USD
Monetha to GBP
1 MTH to £ 0.0009858 GBP
Monetha to EUR
1 MTH to € 0.001187 EUR
Monetha to KRW
1 MTH to ₩ 1.79 KRW
Monetha to CAD
1 MTH to $ 0.001779 CAD
Monetha to AUD
1 MTH to $ 0.001978 AUD
Monetha to JPY
1 MTH to ¥ 0.1938 JPY
Monetha to BRL
1 MTH to R$ 0.007538 BRL
Monetha to CNY
1 MTH to ¥ 0.009039 CNY
Monetha to TWD
1 MTH to NT$ 0.04042 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Monetha.
Hive to UGX
1 HIVE to Sh 1,453.77 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 2,631.68 UGX
BitTorrent [New] to UGX
1 BTT to Sh 0.004104 UGX
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FTX Token to UGX
1 FTT to Sh 10,563.01 UGX
Just a chill guy to UGX
1 CHILLGUY to Sh 673.76 UGX
Steem to UGX
1 STEEM to Sh 817.75 UGX
Bitcoin to UGX
1 BTC to Sh 348,833,687.53 UGX
Livepeer to UGX
1 LPT to Sh 56,735.74 UGX
LUCE to UGX
1 LUCE to Sh 328.06 UGX
Shoggoth (shoggoth.monster) to UGX
1 SHOGGOTH to Sh 179.28 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 Monetha 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 Monetha 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 Monetha 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.
