SMTY
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 Smoothy(SMTY) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 SMTY at a value of 1 SMTY for 12.37 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 Smoothy currency pair is the SMTY to UGX, with for Smoothy's currency code being SMTY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
SMTY to UGX conversion rate trend
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In the past 1D, Smoothy has changed +0.31% to UGX. Based on the trend and price charts, Smoothy(SMTY) has changed +0.31% to UGX while Ugandan Shilling(UGX) has changed % to SMTY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh12.39 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh13.21 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/31 08:00:14(UTC+0)
How to buy Smoothy
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Buy Smoothy (SMTY)
Use a variety of payment options to buy Smoothy on Bitget. We'll show you how.
Buy SMTY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of SMTY with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy SMTY 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 SMTY (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of SMTY to UGX. However, you can first exchange SMTY 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 Smoothy to Ugandan Shilling?
Smoothy to Ugandan Shilling is falling this week.Smoothy's current market price is Sh 12.37 per SMTY, with a total market cap of Sh 62,973,325.44 UGX based on a circulating supply of 5,089,773 SMTY. The trading volume of Smoothy has changed by -4.06% (Sh -41,005,352.62 UGX) in the last 24 hours. Last trading day, SMTY's trading volume was Sh 1,010,631,256.85.
Market cap
$17.15K
24h volume
$264.13K
Circulating supply
5.09M SMTY
Conversion tables
The exchange rate of Smoothy is increasing.1 SMTY is currently valued at Sh 12.37 UGX , which means buying 5 SMTY will cost Sh 61.86 UGX . Similarly, Sh1 UGX can be traded for 0.08082 SMTY, and Sh50 UGX can be converted to 4.04 SMTY, excluding any platform or gas fees.
The exchange rate of 1 SMTY to Ugandan Shilling has changed by -0.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.31%, reaching a high of 12.5 UGX and a low of 12.36 UGX . One month ago, the value of 1 SMTY was Sh 10.76 UGX , which represents a +14.89% change from its current value. Over the last year, Smoothy has changed by , resulting in a change of -18.40% in its value.
-Sh
2.81UGXSMTY to UGX
Amount
10:49 am today
0.5 SMTY
Sh6.19
1 SMTY
Sh12.37
5 SMTY
Sh61.86
10 SMTY
Sh123.73
50 SMTY
Sh618.63
100 SMTY
Sh1,237.25
500 SMTY
Sh6,186.26
1000 SMTY
Sh12,372.52
UGX to SMTY
Amount10:49 am today
0.5UGX0.04041 SMTY
1UGX0.08082 SMTY
5UGX0.4041 SMTY
10UGX0.8082 SMTY
50UGX4.04 SMTY
100UGX8.08 SMTY
500UGX40.41 SMTY
1000UGX80.82 SMTY
Today vs. 24 hours ago
| Amount | 10:49 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SMTY | $0.001685 | $0.001680 | +0.31% |
| 1 SMTY | $0.003370 | $0.003360 | +0.31% |
| 5 SMTY | $0.01685 | $0.01680 | +0.31% |
| 10 SMTY | $0.03370 | $0.03360 | +0.31% |
| 50 SMTY | $0.1685 | $0.1680 | +0.31% |
| 100 SMTY | $0.3370 | $0.3360 | +0.31% |
| 500 SMTY | $1.69 | $1.68 | +0.31% |
| 1000 SMTY | $3.37 | $3.36 | +0.31% |
Today vs. 1 month ago
| Amount | 10:49 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SMTY | $0.001685 | $0.001465 | +14.89% |
| 1 SMTY | $0.003370 | $0.002931 | +14.89% |
| 5 SMTY | $0.01685 | $0.01465 | +14.89% |
| 10 SMTY | $0.03370 | $0.02931 | +14.89% |
| 50 SMTY | $0.1685 | $0.1465 | +14.89% |
| 100 SMTY | $0.3370 | $0.2931 | +14.89% |
| 500 SMTY | $1.69 | $1.47 | +14.89% |
| 1000 SMTY | $3.37 | $2.93 | +14.89% |
Today vs. 1 year ago
| Amount | 10:49 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SMTY | $0.001685 | $0.002067 | -18.40% |
| 1 SMTY | $0.003370 | $0.004135 | -18.40% |
| 5 SMTY | $0.01685 | $0.02067 | -18.40% |
| 10 SMTY | $0.03370 | $0.04135 | -18.40% |
| 50 SMTY | $0.1685 | $0.2067 | -18.40% |
| 100 SMTY | $0.3370 | $0.4135 | -18.40% |
| 500 SMTY | $1.69 | $2.07 | -18.40% |
| 1000 SMTY | $3.37 | $4.13 | -18.40% |
Smoothy price prediction
What will the price of SMTY be in 2025?
Based on SMTY's historical price performance prediction model, the price of SMTY is projected to reach $0.004360 in 2025.
What will the price of SMTY be in 2030?
In 2030, the SMTY price is expected to change by +5.00%. By the end of 2030, the SMTY price is projected to reach $0.004704, with a cumulative ROI of +38.95%.
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Popular Smoothy conversions
Check out these popular currency conversions of Smoothy to several fiat currencies.
Smoothy to USD
1 SMTY to $ 0.003370 USD
Smoothy to GBP
1 SMTY to £ 0.002688 GBP
Smoothy to EUR
1 SMTY to € 0.003238 EUR
Smoothy to KRW
1 SMTY to ₩ 4.97 KRW
Smoothy to CAD
1 SMTY to $ 0.004843 CAD
Smoothy to AUD
1 SMTY to $ 0.005425 AUD
Smoothy to JPY
1 SMTY to ¥ 0.5288 JPY
Smoothy to BRL
1 SMTY to R$ 0.02089 BRL
Smoothy to CNY
1 SMTY to ¥ 0.02466 CNY
Smoothy to TWD
1 SMTY to NT$ 0.1106 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Smoothy.
Bitcoin to UGX
1 BTC to Sh 344,826,607.75 UGX
Ethereum to UGX
1 ETH to Sh 12,435,855.68 UGX
XRP to UGX
1 XRP to Sh 7,615.62 UGX
Solana to UGX
1 SOL to Sh 711,338.66 UGX
Sui to UGX
1 SUI to Sh 15,552.17 UGX
Dogecoin to UGX
1 DOGE to Sh 1,167.15 UGX
Pepe to UGX
1 PEPE to Sh 0.07229 UGX
Mines of Dalarnia to UGX
1 DAR to Sh 674.62 UGX
Solar to UGX
1 SXP to Sh 1,243.99 UGX
Aave to UGX
1 AAVE to Sh 1,151,751.25 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 Smoothy 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 Smoothy 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 Smoothy 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.
