NMD
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 Nexusmind(NMD) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 NMD at a value of 1 NMD for 7,087.27 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 Nexusmind currency pair is the NMD to UGX, with for Nexusmind's currency code being NMD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
NMD to UGX conversion rate trend
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In the past 1D, Nexusmind has changed -0.11% to UGX. Based on the trend and price charts, Nexusmind(NMD) has changed -0.11% to UGX while Ugandan Shilling(UGX) has changed % to NMD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh7,048.8 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:32:27(UTC+0)
How to buy Nexusmind
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Buy Nexusmind (NMD)
Use a variety of payment options to buy Nexusmind on Bitget. We'll show you how.
Buy NMD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of NMD with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy NMD with USDT via Bitget spot market.
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Sell NMD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of NMD to UGX. However, you can first exchange NMD 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 Nexusmind to Ugandan Shilling?
Nexusmind to Ugandan Shilling is falling this week.Nexusmind's current market price is Sh 7,087.27 per NMD, with a total market cap of Sh 0 UGX based on a circulating supply of -- NMD. The trading volume of Nexusmind has changed by -2.56% (Sh -5,431,454.80 UGX) in the last 24 hours. Last trading day, NMD's trading volume was Sh 212,315,487.39.
Market cap
$0
24h volume
$56.62K
Circulating supply
0 NMD
Conversion tables
The exchange rate of Nexusmind is decreasing.1 NMD is currently valued at Sh 7,087.27 UGX , which means buying 5 NMD will cost Sh 35,436.37 UGX . Similarly, Sh1 UGX can be traded for 0.0001411 NMD, and Sh50 UGX can be converted to 0.007055 NMD, excluding any platform or gas fees.
The exchange rate of 1 NMD to Ugandan Shilling has changed by -5.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.11%, reaching a high of 7,155.19 UGX and a low of 7,003.86 UGX . One month ago, the value of 1 NMD was Sh 7,164.49 UGX , which represents a -1.08% change from its current value. Over the last year, Nexusmind has changed by , resulting in a change of +54.66% in its value.
+Sh
2,506.44UGXNMD to UGX
Amount
13:31 today
0.5 NMD
Sh3,543.64
1 NMD
Sh7,087.27
5 NMD
Sh35,436.37
10 NMD
Sh70,872.74
50 NMD
Sh354,363.72
100 NMD
Sh708,727.45
500 NMD
Sh3,543,637.23
1000 NMD
Sh7,087,274.46
UGX to NMD
Amount13:31 today
0.5UGX0.{4}7055 NMD
1UGX0.0001411 NMD
5UGX0.0007055 NMD
10UGX0.001411 NMD
50UGX0.007055 NMD
100UGX0.01411 NMD
500UGX0.07055 NMD
1000UGX0.1411 NMD
Today vs. 24 hours ago
| Amount | 13:31 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NMD | $0.9699 | $0.9710 | -0.11% |
| 1 NMD | $1.94 | $1.94 | -0.11% |
| 5 NMD | $9.7 | $9.71 | -0.11% |
| 10 NMD | $19.4 | $19.42 | -0.11% |
| 50 NMD | $96.99 | $97.1 | -0.11% |
| 100 NMD | $193.98 | $194.19 | -0.11% |
| 500 NMD | $969.9 | $970.95 | -0.11% |
| 1000 NMD | $1,939.8 | $1,941.91 | -0.11% |
Today vs. 1 month ago
| Amount | 13:31 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NMD | $0.9699 | $0.9805 | -1.08% |
| 1 NMD | $1.94 | $1.96 | -1.08% |
| 5 NMD | $9.7 | $9.8 | -1.08% |
| 10 NMD | $19.4 | $19.61 | -1.08% |
| 50 NMD | $96.99 | $98.05 | -1.08% |
| 100 NMD | $193.98 | $196.09 | -1.08% |
| 500 NMD | $969.9 | $980.47 | -1.08% |
| 1000 NMD | $1,939.8 | $1,960.93 | -1.08% |
Today vs. 1 year ago
| Amount | 13:31 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NMD | $0.9699 | $0.6269 | +54.66% |
| 1 NMD | $1.94 | $1.25 | +54.66% |
| 5 NMD | $9.7 | $6.27 | +54.66% |
| 10 NMD | $19.4 | $12.54 | +54.66% |
| 50 NMD | $96.99 | $62.69 | +54.66% |
| 100 NMD | $193.98 | $125.38 | +54.66% |
| 500 NMD | $969.9 | $626.89 | +54.66% |
| 1000 NMD | $1,939.8 | $1,253.78 | +54.66% |
Nexusmind price prediction
What will the price of NMD be in 2025?
Based on NMD's historical price performance prediction model, the price of NMD is projected to reach $2.5 in 2025.
What will the price of NMD be in 2030?
In 2030, the NMD price is expected to change by +7.00%. By the end of 2030, the NMD price is projected to reach $3.9, with a cumulative ROI of +100.54%.
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Popular Nexusmind conversions
Check out these popular currency conversions of Nexusmind to several fiat currencies.
Nexusmind to USD
1 NMD to $ 1.94 USD
Nexusmind to GBP
1 NMD to £ 1.54 GBP
Nexusmind to EUR
1 NMD to € 1.86 EUR
Nexusmind to KRW
1 NMD to ₩ 2,805.76 KRW
Nexusmind to CAD
1 NMD to $ 2.79 CAD
Nexusmind to AUD
1 NMD to $ 3.1 AUD
Nexusmind to JPY
1 NMD to ¥ 303.47 JPY
Nexusmind to BRL
1 NMD to R$ 11.81 BRL
Nexusmind to CNY
1 NMD to ¥ 14.16 CNY
Nexusmind to TWD
1 NMD to NT$ 63.3 TWD
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1 IDEX to Sh 223.04 UGX
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1 SHOGGOTH to Sh 177.75 UGX
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HEX (PulseChain) to UGX
1 HEX to Sh 59.45 UGX
Adventure Gold to UGX
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Hunt Town to UGX
1 HUNT to Sh 1,390.91 UGX
Chintai to UGX
1 CHEX to Sh 1,999.24 UGX
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1 XPR to Sh 5.29 UGX
BORA to UGX
1 BORA to Sh 544.4 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 Nexusmind 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 Nexusmind 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 Nexusmind 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.
