UMAMI
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 Umami Finance(UMAMI) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 UMAMI at a value of 1 UMAMI for 9,975.58 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 Umami Finance currency pair is the UMAMI to UGX, with for Umami Finance's currency code being UMAMI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
UMAMI to UGX conversion rate trend
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In the past 1D, Umami Finance has changed +1.15% to UGX. Based on the trend and price charts, Umami Finance(UMAMI) has changed +1.15% to UGX while Ugandan Shilling(UGX) has changed % to UMAMI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh9,914.05 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/25 08:34:35(UTC+0)
How to buy Umami Finance
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 Umami Finance (UMAMI)
Use a variety of payment options to buy Umami Finance on Bitget. We'll show you how.
Buy UMAMI (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of UMAMI with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy UMAMI 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 UMAMI (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of UMAMI to UGX. However, you can first exchange UMAMI 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 Umami Finance to Ugandan Shilling?
Umami Finance to Ugandan Shilling is falling this week.Umami Finance's current market price is Sh 9,975.58 per UMAMI, with a total market cap of Sh 0 UGX based on a circulating supply of -- UMAMI. The trading volume of Umami Finance has changed by -37.07% (Sh -14,921.19 UGX) in the last 24 hours. Last trading day, UMAMI's trading volume was Sh 40,248.67.
Market cap
$0
24h volume
$6.93027676
Circulating supply
0 UMAMI
Conversion tables
The exchange rate of Umami Finance is increasing.1 UMAMI is currently valued at Sh 9,975.58 UGX , which means buying 5 UMAMI will cost Sh 49,877.91 UGX . Similarly, Sh1 UGX can be traded for 0.0001002 UMAMI, and Sh50 UGX can be converted to 0.005012 UMAMI, excluding any platform or gas fees.
The exchange rate of 1 UMAMI to Ugandan Shilling has changed by -8.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.15%, reaching a high of 9,914.05 UGX and a low of 9,652.68 UGX . One month ago, the value of 1 UMAMI was Sh 6,635.65 UGX , which represents a +50.80% change from its current value. Over the last year, Umami Finance has changed by , resulting in a change of -30.00% in its value.
-Sh
4,249.62UGXUMAMI to UGX
Amount
16:04 today
0.5 UMAMI
Sh4,987.79
1 UMAMI
Sh9,975.58
5 UMAMI
Sh49,877.91
10 UMAMI
Sh99,755.82
50 UMAMI
Sh498,779.1
100 UMAMI
Sh997,558.19
500 UMAMI
Sh4,987,790.97
1000 UMAMI
Sh9,975,581.94
UGX to UMAMI
Amount16:04 today
0.5UGX0.{4}5012 UMAMI
1UGX0.0001002 UMAMI
5UGX0.0005012 UMAMI
10UGX0.001002 UMAMI
50UGX0.005012 UMAMI
100UGX0.01002 UMAMI
500UGX0.05012 UMAMI
1000UGX0.1002 UMAMI
Today vs. 24 hours ago
| Amount | 16:04 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 UMAMI | $1.36 | $1.35 | +1.15% |
| 1 UMAMI | $2.73 | $2.7 | +1.15% |
| 5 UMAMI | $13.65 | $13.49 | +1.15% |
| 10 UMAMI | $27.3 | $26.99 | +1.15% |
| 50 UMAMI | $136.48 | $134.94 | +1.15% |
| 100 UMAMI | $272.96 | $269.88 | +1.15% |
| 500 UMAMI | $1,364.79 | $1,349.38 | +1.15% |
| 1000 UMAMI | $2,729.59 | $2,698.76 | +1.15% |
Today vs. 1 month ago
| Amount | 16:04 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 UMAMI | $1.36 | $0.9078 | +50.80% |
| 1 UMAMI | $2.73 | $1.82 | +50.80% |
| 5 UMAMI | $13.65 | $9.08 | +50.80% |
| 10 UMAMI | $27.3 | $18.16 | +50.80% |
| 50 UMAMI | $136.48 | $90.78 | +50.80% |
| 100 UMAMI | $272.96 | $181.57 | +50.80% |
| 500 UMAMI | $1,364.79 | $907.85 | +50.80% |
| 1000 UMAMI | $2,729.59 | $1,815.69 | +50.80% |
Today vs. 1 year ago
| Amount | 16:04 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 UMAMI | $1.36 | $1.95 | -30.00% |
| 1 UMAMI | $2.73 | $3.89 | -30.00% |
| 5 UMAMI | $13.65 | $19.46 | -30.00% |
| 10 UMAMI | $27.3 | $38.92 | -30.00% |
| 50 UMAMI | $136.48 | $194.62 | -30.00% |
| 100 UMAMI | $272.96 | $389.24 | -30.00% |
| 500 UMAMI | $1,364.79 | $1,946.2 | -30.00% |
| 1000 UMAMI | $2,729.59 | $3,892.4 | -30.00% |
Umami Finance price prediction
What will the price of UMAMI be in 2025?
Based on UMAMI's historical price performance prediction model, the price of UMAMI is projected to reach $3.01 in 2025.
What will the price of UMAMI be in 2030?
In 2030, the UMAMI price is expected to change by +5.00%. By the end of 2030, the UMAMI price is projected to reach $5.96, with a cumulative ROI of +122.09%.
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Popular Umami Finance conversions
Check out these popular currency conversions of Umami Finance to several fiat currencies.
Umami Finance to USD
1 UMAMI to $ 2.73 USD
Umami Finance to GBP
1 UMAMI to £ 2.14 GBP
Umami Finance to EUR
1 UMAMI to € 2.62 EUR
Umami Finance to KRW
1 UMAMI to ₩ 3,975.92 KRW
Umami Finance to CAD
1 UMAMI to $ 3.91 CAD
Umami Finance to AUD
1 UMAMI to $ 4.37 AUD
Umami Finance to JPY
1 UMAMI to ¥ 429.35 JPY
Umami Finance to BRL
1 UMAMI to R$ 17.41 BRL
Umami Finance to CNY
1 UMAMI to ¥ 19.93 CNY
Umami Finance to TWD
1 UMAMI to NT$ 89.24 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 Umami Finance 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 Umami Finance 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 Umami Finance 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.
