GMX
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 GMX(GMX) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 GMX at a value of 1 GMX for 91,203.06 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 GMX currency pair is the GMX to UGX, with for GMX's currency code being GMX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
GMX to UGX conversion rate trend
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In the past 1D, GMX has changed -11.23% to UGX. Based on the trend and price charts, GMX(GMX) has changed -11.23% to UGX while Ugandan Shilling(UGX) has changed % to GMX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh98,613.87 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh98,460.42 | 0.1000% / 0.1000% | Yes |
OKX | Sh98,570.55 | 0.080% / 0.100% | Yes |
Huobi | Sh98,298.52 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh99,157.94 | 0.1000% / 0.1000% | Yes |
Bybit | Sh98,423.71 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh97,909.74 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/13 00:00:24(UTC+0)
How to buy GMX
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 GMX (GMX)
Use a variety of payment options to buy GMX on Bitget. We'll show you how.
Buy GMX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of GMX with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy GMX 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 GMX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of GMX to UGX. However, you can first exchange GMX 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 GMX to Ugandan Shilling?
GMX to Ugandan Shilling is rising this week.GMX's current market price is Sh 91,203.06 per GMX, with a total market cap of Sh 895,562,508,988.93 UGX based on a circulating supply of 9,819,435 GMX. The trading volume of GMX has changed by 0.00% (Sh 0 UGX) in the last 24 hours. Last trading day, GMX's trading volume was Sh 102,283,622,050.03.
Market cap
$243.95M
24h volume
$27.86M
Circulating supply
9.82M GMX
Conversion tables
The exchange rate of GMX is increasing.1 GMX is currently valued at Sh 91,203.06 UGX , which means buying 5 GMX will cost Sh 456,015.31 UGX . Similarly, Sh1 UGX can be traded for 0.{4}1096 GMX, and Sh50 UGX can be converted to 0.0005482 GMX, excluding any platform or gas fees.
The exchange rate of 1 GMX to Ugandan Shilling has changed by +11.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -11.23%, reaching a high of 106,102.34 UGX and a low of 91,616.83 UGX . One month ago, the value of 1 GMX was Sh 80,783.08 UGX , which represents a +12.89% change from its current value. Over the last year, GMX has changed by , resulting in a change of -53.32% in its value.
-Sh
104,194.27UGXGMX to UGX
Amount
06:40 am today
0.5 GMX
Sh45,601.53
1 GMX
Sh91,203.06
5 GMX
Sh456,015.31
10 GMX
Sh912,030.62
50 GMX
Sh4,560,153.11
100 GMX
Sh9,120,306.22
500 GMX
Sh45,601,531.12
1000 GMX
Sh91,203,062.23
UGX to GMX
Amount06:40 am today
0.5UGX0.{5}5482 GMX
1UGX0.{4}1096 GMX
5UGX0.{4}5482 GMX
10UGX0.0001096 GMX
50UGX0.0005482 GMX
100UGX0.001096 GMX
500UGX0.005482 GMX
1000UGX0.01096 GMX
Today vs. 24 hours ago
| Amount | 06:40 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GMX | $12.42 | $13.99 | -11.23% |
| 1 GMX | $24.84 | $27.99 | -11.23% |
| 5 GMX | $124.22 | $139.94 | -11.23% |
| 10 GMX | $248.43 | $279.88 | -11.23% |
| 50 GMX | $1,242.16 | $1,399.41 | -11.23% |
| 100 GMX | $2,484.31 | $2,798.82 | -11.23% |
| 500 GMX | $12,421.57 | $13,994.09 | -11.23% |
| 1000 GMX | $24,843.14 | $27,988.19 | -11.23% |
Today vs. 1 month ago
| Amount | 06:40 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GMX | $12.42 | $11 | +12.89% |
| 1 GMX | $24.84 | $22 | +12.89% |
| 5 GMX | $124.22 | $110.02 | +12.89% |
| 10 GMX | $248.43 | $220.05 | +12.89% |
| 50 GMX | $1,242.16 | $1,100.24 | +12.89% |
| 100 GMX | $2,484.31 | $2,200.48 | +12.89% |
| 500 GMX | $12,421.57 | $11,002.4 | +12.89% |
| 1000 GMX | $24,843.14 | $22,004.81 | +12.89% |
Today vs. 1 year ago
| Amount | 06:40 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GMX | $12.42 | $26.61 | -53.32% |
| 1 GMX | $24.84 | $53.23 | -53.32% |
| 5 GMX | $124.22 | $266.13 | -53.32% |
| 10 GMX | $248.43 | $532.25 | -53.32% |
| 50 GMX | $1,242.16 | $2,661.25 | -53.32% |
| 100 GMX | $2,484.31 | $5,322.5 | -53.32% |
| 500 GMX | $12,421.57 | $26,612.5 | -53.32% |
| 1000 GMX | $24,843.14 | $53,225.01 | -53.32% |
GMX price prediction
What will the price of GMX be in 2025?
Based on GMX's historical price performance prediction model, the price of GMX is projected to reach $48.88 in 2025.
What will the price of GMX be in 2030?
In 2030, the GMX price is expected to change by -7.00%. By the end of 2030, the GMX price is projected to reach $72.64, with a cumulative ROI of +174.92%.
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Popular GMX conversions
Check out these popular currency conversions of GMX to several fiat currencies.
GMX to USD
1 GMX to $ 24.84 USD
GMX to GBP
1 GMX to £ 19.49 GBP
GMX to EUR
1 GMX to € 23.39 EUR
GMX to KRW
1 GMX to ₩ 34,952.04 KRW
GMX to CAD
1 GMX to $ 34.66 CAD
GMX to AUD
1 GMX to $ 38.02 AUD
GMX to JPY
1 GMX to ¥ 3,845.86 JPY
GMX to BRL
1 GMX to R$ 142.83 BRL
GMX to CNY
1 GMX to ¥ 179.69 CNY
GMX to TWD
1 GMX to NT$ 806.36 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in GMX.
EGO to UGX
1 EGO to Sh 116.81 UGX
Super Trump Coin to UGX
1 STRUMP to Sh 12.17 UGX
Bitcoin to UGX
1 BTC to Sh 317,173,530.67 UGX
SolarX to UGX
1 SXCH to Sh -- UGX
Dogecoin to UGX
1 DOGE to Sh 1,319.38 UGX
Solana to UGX
1 SOL to Sh 744,560.69 UGX
Bonk to UGX
1 BONK to Sh 0.1179 UGX
Cardano to UGX
1 ADA to Sh 1,921.45 UGX
Artificial Superintelligence Alliance to UGX
1 FET to Sh 4,603.29 UGX
XRP to UGX
1 XRP to Sh 2,364.99 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 GMX 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 GMX 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 GMX 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.
