MVP
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 MAGA VP(MVP) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MVP at a value of 1 MVP for 58.33 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 MAGA VP currency pair is the MVP to UGX, with for MAGA VP's currency code being MVP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MVP to UGX conversion rate trend
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In the past 1D, MAGA VP has changed -6.94% to UGX. Based on the trend and price charts, MAGA VP(MVP) has changed -6.94% to UGX while Ugandan Shilling(UGX) has changed % to MVP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh58.42 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:31:18(UTC+0)
How to buy MAGA VP
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy MAGA VP (MVP)
Use a variety of payment options to buy MAGA VP on Bitget. We'll show you how.
Buy MVP (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MVP with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MVP 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 MVP (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MVP to UGX. However, you can first exchange MVP 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 MAGA VP to Ugandan Shilling?
MAGA VP to Ugandan Shilling is falling this week.MAGA VP's current market price is Sh 58.33 per MVP, with a total market cap of Sh 2,421,795,629 UGX based on a circulating supply of 41,520,024 MVP. The trading volume of MAGA VP has changed by +322.08% (Sh 9,302,899.87 UGX) in the last 24 hours. Last trading day, MVP's trading volume was Sh 2,888,374.55.
Market cap
$663.02K
24h volume
$3.34K
Circulating supply
41.52M MVP
Conversion tables
The exchange rate of MAGA VP is decreasing.1 MVP is currently valued at Sh 58.33 UGX , which means buying 5 MVP will cost Sh 291.64 UGX . Similarly, Sh1 UGX can be traded for 0.01714 MVP, and Sh50 UGX can be converted to 0.8572 MVP, excluding any platform or gas fees.
The exchange rate of 1 MVP to Ugandan Shilling has changed by -25.89% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.94%, reaching a high of 62.68 UGX and a low of 56.87 UGX . One month ago, the value of 1 MVP was Sh 68.37 UGX , which represents a -14.69% change from its current value. Over the last year, MAGA VP has changed by , resulting in a change of -48.03% in its value.
-Sh
53.9UGXMVP to UGX
Amount
09:22 am today
0.5 MVP
Sh29.16
1 MVP
Sh58.33
5 MVP
Sh291.64
10 MVP
Sh583.28
50 MVP
Sh2,916.42
100 MVP
Sh5,832.84
500 MVP
Sh29,164.19
1000 MVP
Sh58,328.38
UGX to MVP
Amount09:22 am today
0.5UGX0.008572 MVP
1UGX0.01714 MVP
5UGX0.08572 MVP
10UGX0.1714 MVP
50UGX0.8572 MVP
100UGX1.71 MVP
500UGX8.57 MVP
1000UGX17.14 MVP
Today vs. 24 hours ago
| Amount | 09:22 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MVP | $0.007984 | $0.008580 | -6.94% |
| 1 MVP | $0.01597 | $0.01716 | -6.94% |
| 5 MVP | $0.07984 | $0.08580 | -6.94% |
| 10 MVP | $0.1597 | $0.1716 | -6.94% |
| 50 MVP | $0.7984 | $0.8580 | -6.94% |
| 100 MVP | $1.6 | $1.72 | -6.94% |
| 500 MVP | $7.98 | $8.58 | -6.94% |
| 1000 MVP | $15.97 | $17.16 | -6.94% |
Today vs. 1 month ago
| Amount | 09:22 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MVP | $0.007984 | $0.009359 | -14.69% |
| 1 MVP | $0.01597 | $0.01872 | -14.69% |
| 5 MVP | $0.07984 | $0.09359 | -14.69% |
| 10 MVP | $0.1597 | $0.1872 | -14.69% |
| 50 MVP | $0.7984 | $0.9359 | -14.69% |
| 100 MVP | $1.6 | $1.87 | -14.69% |
| 500 MVP | $7.98 | $9.36 | -14.69% |
| 1000 MVP | $15.97 | $18.72 | -14.69% |
Today vs. 1 year ago
| Amount | 09:22 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MVP | $0.007984 | $0.01536 | -48.03% |
| 1 MVP | $0.01597 | $0.03072 | -48.03% |
| 5 MVP | $0.07984 | $0.1536 | -48.03% |
| 10 MVP | $0.1597 | $0.3072 | -48.03% |
| 50 MVP | $0.7984 | $1.54 | -48.03% |
| 100 MVP | $1.6 | $3.07 | -48.03% |
| 500 MVP | $7.98 | $15.36 | -48.03% |
| 1000 MVP | $15.97 | $30.72 | -48.03% |
MAGA VP price prediction
What will the price of MVP be in 2025?
Based on MVP's historical price performance prediction model, the price of MVP is projected to reach $0.03424 in 2025.
What will the price of MVP be in 2030?
In 2030, the MVP price is expected to change by -8.00%. By the end of 2030, the MVP price is projected to reach $0.04048, with a cumulative ROI of +122.73%.
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Popular MAGA VP conversions
Check out these popular currency conversions of MAGA VP to several fiat currencies.
MAGA VP to USD
1 MVP to $ 0.01597 USD
MAGA VP to GBP
1 MVP to £ 0.01271 GBP
MAGA VP to EUR
1 MVP to € 0.01530 EUR
MAGA VP to KRW
1 MVP to ₩ 23.19 KRW
MAGA VP to CAD
1 MVP to $ 0.02295 CAD
MAGA VP to AUD
1 MVP to $ 0.02555 AUD
MAGA VP to JPY
1 MVP to ¥ 2.5 JPY
MAGA VP to BRL
1 MVP to R$ 0.09710 BRL
MAGA VP to CNY
1 MVP to ¥ 0.1166 CNY
MAGA VP to TWD
1 MVP to NT$ 0.5224 TWD
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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 MAGA VP 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 MAGA VP 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 MAGA VP 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.
