MASQ
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 MASQ(MASQ) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MASQ at a value of 1 MASQ for 549.31 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 MASQ currency pair is the MASQ to UGX, with for MASQ's currency code being MASQ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MASQ to UGX conversion rate trend
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In the past 1D, MASQ has changed +1.24% to UGX. Based on the trend and price charts, MASQ(MASQ) has changed +1.24% to UGX while Ugandan Shilling(UGX) has changed % to MASQ in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh543.65 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:30:55(UTC+0)
How to buy MASQ
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy MASQ (MASQ)
Use a variety of payment options to buy MASQ on Bitget. We'll show you how.
Buy MASQ (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MASQ with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MASQ 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 MASQ (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MASQ to UGX. However, you can first exchange MASQ 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 MASQ to Ugandan Shilling?
MASQ to Ugandan Shilling is falling this week.MASQ's current market price is Sh 549.31 per MASQ, with a total market cap of Sh 18,885,081,503.7 UGX based on a circulating supply of 34,379,476 MASQ. The trading volume of MASQ has changed by +44.98% (Sh 9,952,572.16 UGX) in the last 24 hours. Last trading day, MASQ's trading volume was Sh 22,125,037.86.
Market cap
$5.17M
24h volume
$8.78K
Circulating supply
34.38M MASQ
Conversion tables
The exchange rate of MASQ is decreasing.1 MASQ is currently valued at Sh 549.31 UGX , which means buying 5 MASQ will cost Sh 2,746.56 UGX . Similarly, Sh1 UGX can be traded for 0.001820 MASQ, and Sh50 UGX can be converted to 0.09102 MASQ, excluding any platform or gas fees.
The exchange rate of 1 MASQ to Ugandan Shilling has changed by -23.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.24%, reaching a high of 573.88 UGX and a low of 517.83 UGX . One month ago, the value of 1 MASQ was Sh 685.84 UGX , which represents a -19.91% change from its current value. Over the last year, MASQ has changed by , resulting in a change of -65.28% in its value.
-Sh
1,032.62UGXMASQ to UGX
Amount
08:13 am today
0.5 MASQ
Sh274.66
1 MASQ
Sh549.31
5 MASQ
Sh2,746.56
10 MASQ
Sh5,493.13
50 MASQ
Sh27,465.64
100 MASQ
Sh54,931.27
500 MASQ
Sh274,656.35
1000 MASQ
Sh549,312.7
UGX to MASQ
Amount08:13 am today
0.5UGX0.0009102 MASQ
1UGX0.001820 MASQ
5UGX0.009102 MASQ
10UGX0.01820 MASQ
50UGX0.09102 MASQ
100UGX0.1820 MASQ
500UGX0.9102 MASQ
1000UGX1.82 MASQ
Today vs. 24 hours ago
| Amount | 08:13 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MASQ | $0.07519 | $0.07427 | +1.24% |
| 1 MASQ | $0.1504 | $0.1485 | +1.24% |
| 5 MASQ | $0.7519 | $0.7427 | +1.24% |
| 10 MASQ | $1.5 | $1.49 | +1.24% |
| 50 MASQ | $7.52 | $7.43 | +1.24% |
| 100 MASQ | $15.04 | $14.85 | +1.24% |
| 500 MASQ | $75.19 | $74.27 | +1.24% |
| 1000 MASQ | $150.39 | $148.55 | +1.24% |
Today vs. 1 month ago
| Amount | 08:13 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MASQ | $0.07519 | $0.09388 | -19.91% |
| 1 MASQ | $0.1504 | $0.1878 | -19.91% |
| 5 MASQ | $0.7519 | $0.9388 | -19.91% |
| 10 MASQ | $1.5 | $1.88 | -19.91% |
| 50 MASQ | $7.52 | $9.39 | -19.91% |
| 100 MASQ | $15.04 | $18.78 | -19.91% |
| 500 MASQ | $75.19 | $93.88 | -19.91% |
| 1000 MASQ | $150.39 | $187.76 | -19.91% |
Today vs. 1 year ago
| Amount | 08:13 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MASQ | $0.07519 | $0.2165 | -65.28% |
| 1 MASQ | $0.1504 | $0.4331 | -65.28% |
| 5 MASQ | $0.7519 | $2.17 | -65.28% |
| 10 MASQ | $1.5 | $4.33 | -65.28% |
| 50 MASQ | $7.52 | $21.65 | -65.28% |
| 100 MASQ | $15.04 | $43.31 | -65.28% |
| 500 MASQ | $75.19 | $216.54 | -65.28% |
| 1000 MASQ | $150.39 | $433.09 | -65.28% |
MASQ price prediction
What will the price of MASQ be in 2025?
Based on MASQ's historical price performance prediction model, the price of MASQ is projected to reach $0.2899 in 2025.
What will the price of MASQ be in 2030?
In 2030, the MASQ price is expected to change by -12.00%. By the end of 2030, the MASQ price is projected to reach $0.3475, with a cumulative ROI of +123.72%.
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Popular MASQ conversions
Check out these popular currency conversions of MASQ to several fiat currencies.
MASQ to USD
1 MASQ to $ 0.1504 USD
MASQ to GBP
1 MASQ to £ 0.1197 GBP
MASQ to EUR
1 MASQ to € 0.1441 EUR
MASQ to KRW
1 MASQ to ₩ 218.42 KRW
MASQ to CAD
1 MASQ to $ 0.2162 CAD
MASQ to AUD
1 MASQ to $ 0.2406 AUD
MASQ to JPY
1 MASQ to ¥ 23.58 JPY
MASQ to BRL
1 MASQ to R$ 0.9144 BRL
MASQ to CNY
1 MASQ to ¥ 1.1 CNY
MASQ to TWD
1 MASQ to NT$ 4.92 TWD
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1 ALGO to Sh 1,308.45 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 MASQ 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 MASQ 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 MASQ 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.
